Alexander Forbes Group Holdings (JSE:AFH) Quick Ratio: 2.98 (As of Mar. 2026) — 30% Below Median


JSE:AFH Alexander Forbes Group Holdings Ltd JSE:AFH
68 GF Score
Price R7.50
GF Value R8.61
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Alexander Forbes Group Holdings Quick Ratio?

Alexander Forbes Group Holdings JSE:AFH +0.94% 68 Quick Ratio is 2.98 as of Mar. 2026, which is 30% below its 10-year median of 4.25. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.61 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 502 Diversified Financial Services companies, Alexander Forbes Group Holdings ranks worse than 51% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Alexander Forbes Group Holdings's quick ratio for the quarter that ended in Mar. 2026 was 2.98.

Alexander Forbes Group Holdings has a quick ratio of 2.98. It generally indicates good short-term financial strength.

The historical rank and industry rank for Alexander Forbes Group Holdings's Quick Ratio or its related term are showing as below:

JSE:AFH' s Quick Ratio Range Over the Past 10 Years
Min: 1.71   Med: 4.25   Max: 10.64
Current: 2.98

During the past 13 years, Alexander Forbes Group Holdings's highest Quick Ratio was 10.64. The lowest was 1.71. And the median was 4.25.

JSE:AFH's Quick Ratio is ranked worse than
51% of 502 companies
in the Diversified Financial Services industry
Industry Median: 3.19 vs JSE:AFH: 2.98

Alexander Forbes Group Holdings  (JSE:AFH) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Alexander Forbes Group Holdings Quick Ratio Related Terms


Alexander Forbes Group Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Alexander Forbes Group Holdings's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alexander Forbes Group Holdings Quick Ratio Chart

Alexander Forbes Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 7.52 10.64 8.86 2.98

Alexander Forbes Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.64 2.87 8.86 3.12 2.98

JSE:AFH vs VOYA, FRHC: Quick Ratio Comparison

For the Financial Conglomerates subindustry, Alexander Forbes Group Holdings's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alexander Forbes Group Holdings Quick Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Alexander Forbes Group Holdings's Quick Ratio falls into.


JSE:AFH
68GF Score
Alexander Forbes Group Holdings Ltd JSE:AFH
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Forbes Group Holdings Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Alexander Forbes Group Holdings's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3823-0)/1285
=2.98

Alexander Forbes Group Holdings's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3823-0)/1285
=2.98

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.98 mean?
Alexander Forbes Group Holdings (JSE:AFH) has a Quick Ratio of 2.98 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alexander Forbes Group Holdings and its competitors. This is 30% below median its historical median of 4.25. Over the past decade, Alexander Forbes Group Holdings' Quick Ratio has ranged from 1.71 to 10.64. According to the industry distribution chart, Alexander Forbes Group Holdings ranks #256 out of 502 companies in the Diversified Financial Services industry, placing it in the top 51%.
Is Alexander Forbes Group Holdings' Quick Ratio too high?
Alexander Forbes Group Holdings' current Quick Ratio of 2.98 is 30% below median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 10.64. The Diversified Financial Services industry median Quick Ratio is 3.19. Alexander Forbes Group Holdings' value of 2.98 is 6.6% below this industry median. Based on the distribution chart, Alexander Forbes Group Holdings ranks #256 out of 502 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Quick Ratio compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Alexander Forbes Group Holdings ranks #256 out of 502 companies for Quick Ratio. This places Alexander Forbes Group Holdings in the lower half of its industry. The industry median Quick Ratio is 3.19. Alexander Forbes Group Holdings' value of 2.98 is 6.6% below this benchmark. Historically, Alexander Forbes Group Holdings' own Quick Ratio has ranged from 1.71 to 10.64 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 3.19, Alexander Forbes Group Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 3.19, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alexander Forbes Group Holdings's current Quick Ratio of 2.98 is 6.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Alexander Forbes Group Holdings and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Forbes Group Holdings's current Quick Ratio is 2.98, which is 30% below median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.61, compared to a current price of R7.50 — trading 12.9% below its estimated fair value. The current Quick Ratio is 2.98, which is 30% below median its 10-year median of 4.25 and 6.6% below the Diversified Financial Services industry median of 3.19. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Alexander Forbes Group Holdings (JSE:AFH), the current Quick Ratio is 2.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued. The current stock price of R7.50 is trading 12.9% below its estimated GF Value™ of R8.61. GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.

Key valuation signals for JSE:AFH:

  • Quick Ratio: 2.98 (30% below median its 10-year median of 4.25)
  • GF Value™: R8.61 vs. price of R7.50 (12.9% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 6.6% below the Diversified Financial Services median (#256 of 502)

No single metric tells the full story. See the JSE:AFH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alexander Forbes Group Holdings Business Description

Address 115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score

Get the complete analysis for JSE:AFH

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R7.50
Price
R8.61
GF Value