Purple GroupJSE:PPE -2.38%71 Quick Ratio is 1.64 as of Feb. 2026, which is 53% above its 10-year median of 1.07. GuruFocus rates JSE:PPE with a GF Score™ of 71/100 and a GF Value™ of R2.19 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 503 Diversified Financial Services companies, Purple Group ranks worse than 59.05% 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. Purple Group's quick ratio for the quarter that ended in Feb. 2026 was 1.64.
Purple Group has a quick ratio of 1.64. It generally indicates good short-term financial strength.
The historical rank and industry rank for Purple Group's Quick Ratio or its related term are showing as below:
JSE:PPE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.84 Med: 1.07 Max: 1.64
Current: 1.64
During the past 13 years, Purple Group's highest Quick Ratio was 1.64. The lowest was 0.84. And the median was 1.07.
JSE:PPE's Quick Ratio is ranked worse than 59.05% of 503
companies
in the Diversified Financial Services industry
Industry Median: 3.08
vs JSE:PPE: 1.64
Purple Group (JSE:PPE) 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.
Purple Group Quick Ratio Related Terms
Purple Group Quick Ratio Historical Data
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The historical data trend for Purple Group'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.
For the Financial Conglomerates subindustry, Purple Group'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.
Purple Group Quick Ratio vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Purple Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Purple Group's Quick Ratio falls into.
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.
Purple Group's Quick Ratio for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
Purple Group (JSE:PPE) has a Quick Ratio of 1.64 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Purple Group and its competitors. This is 53% above median its historical median of 1.07. Over the past decade, Purple Group's Quick Ratio has ranged from 0.84 to 1.64. According to the industry distribution chart, Purple Group ranks #297 out of 503 companies in the Diversified Financial Services industry, placing it in the top 59%.
Is Purple Group's Quick Ratio too high?
Purple Group's current Quick Ratio of 1.64 is 53% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.64. The Diversified Financial Services industry median Quick Ratio is 3.08. Purple Group's value of 1.64 is 46.8% below this industry median. Based on the distribution chart, Purple Group ranks #297 out of 503 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Purple Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Purple Group's Quick Ratio compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Purple Group ranks #297 out of 503 companies for Quick Ratio. This places Purple Group in the lower half of its industry. The industry median Quick Ratio is 3.08. Purple Group's value of 1.64 is 46.8% below this benchmark. Historically, Purple Group's own Quick Ratio has ranged from 0.84 to 1.64 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 3.08, Purple Group 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 3.08, based on 503 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. Purple Group's current Quick Ratio of 1.64 is 46.8% 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 Purple Group and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Purple Group's current Quick Ratio is 1.64, which is 53% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Purple Group stock overvalued right now?
Based on GuruFocus' analysis, Purple Group (JSE:PPE) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.19, compared to a current price of R1.64 — trading 25.1% below its estimated fair value. The current Quick Ratio is 1.64, which is 53% above median its 10-year median of 1.07 and 46.8% below the Diversified Financial Services industry median of 3.08. Purple Group's overall GF Score™ is 71/100 with 1 warning sign 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 Purple Group (JSE:PPE), the current Quick Ratio is 1.64 as of Feb. 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 Purple Group (JSE:PPE) Overvalued in 2026?
Based on GuruFocus' analysis, Purple Group stock appears to be undervalued.
The current stock price of R1.64 is trading 25.1% below its estimated GF Value™ of R2.19.
GuruFocus considers Purple Group to be Modestly Undervalued.
Key valuation signals for JSE:PPE:
Quick Ratio: 1.64 (53% above median its 10-year median of 1.07)
GF Value™: R2.19 vs. price of R1.64 (25.1% below fair value)
Industry Position: 46.8% below the Diversified Financial Services median (#297 of 503)
No single metric tells the full story. See the JSE:PPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Purple Group Ltd operates as a financial services company. The company engages in trading, investing, and asset management, and also offers various products and services related to investing and managing portfolios. The Group comprises the following operating segments: Easy Group includes First World Trader Proprietary Limited (FWT or EasyEquities), EasyProperties Proprietary Limited (EasyProperties), EasyDefi Technologies Proprietary Limited (Easy Crypto), and Retirement Investments and Savings for Everyone (RISE or EasyRetire). Head Office and Investments represent fees and dividends earned on investments and fair value adjustments made against them, as well as head office costs.
71GF Score
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