First Property Group (LSE:FPO) Quick Ratio: 2.56 (As of Mar. 2026) — 156% Above Median


LSE:FPO First Property Group PLC LSE:FPO
45 GF Score
Price £0.14
GF Value £0.16
Valuation Modestly Undervalued
! 4 Warning Signs
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What is First Property Group Quick Ratio?

First Property Group LSE:FPO -1.82% 45 Quick Ratio is 2.56 as of Mar. 2026, which is 156% above its 10-year median of 1.00. GuruFocus rates LSE:FPO with a GF Score™ of 45/100 and a GF Value™ of £0.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,794 Real Estate companies, First Property Group ranks better than 83% 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. First Property Group's quick ratio for the quarter that ended in Mar. 2026 was 2.56.

First Property Group has a quick ratio of 2.56. It generally indicates good short-term financial strength.

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

LSE:FPO' s Quick Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1   Max: 2.56
Current: 2.56

During the past 13 years, First Property Group's highest Quick Ratio was 2.56. The lowest was 0.46. And the median was 1.00.

LSE:FPO's Quick Ratio is ranked better than
83% of 1794 companies
in the Real Estate industry
Industry Median: 0.84 vs LSE:FPO: 2.56

First Property Group  (LSE:FPO) 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.


First Property Group Quick Ratio Related Terms


First Property Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for First Property 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.

First Property Group Quick Ratio Chart

First Property Group 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 1.09 1.83 0.52 0.46 2.56

First Property Group 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 0.52 0.48 0.46 1.66 2.56

LSE:FPO vs CBRE, BEKE, JLL: Quick Ratio Comparison

For the Real Estate Services subindustry, First Property 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.


First Property Group Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Property Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where First Property Group's Quick Ratio falls into.


LSE:FPO
45GF Score
First Property Group PLC LSE:FPO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Property Group 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.

First Property Group'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
=(11.602-0)/4.535
=2.56

First Property Group'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
=(11.602-0)/4.535
=2.56

* 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 2.56 mean?
First Property Group (LSE:FPO) has a Quick Ratio of 2.56 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on First Property Group and its competitors. This is 156% above median its historical median of 1.00. Over the past decade, First Property Group's Quick Ratio has ranged from 0.46 to 2.56. According to the industry distribution chart, First Property Group ranks #305 out of 1794 companies in the Real Estate industry, placing it in the top 17%.
Is First Property Group's Quick Ratio too high?
First Property Group's current Quick Ratio of 2.56 is 156% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.56. The Real Estate industry median Quick Ratio is 0.84. First Property Group's value of 2.56 is 204.8% above this industry median. Based on the distribution chart, First Property Group ranks #305 out of 1794 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, First Property Group has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Property Group's Quick Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Property Group ranks #305 out of 1794 companies for Quick Ratio. This places First Property Group in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.84. First Property Group's value of 2.56 is 204.8% above this benchmark. Historically, First Property Group's own Quick Ratio has ranged from 0.46 to 2.56 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.84, First Property Group has consistently been above 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,794 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. First Property Group's current Quick Ratio of 2.56 is 204.8% above 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 First Property Group and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Property Group's current Quick Ratio is 2.56, which is 156% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Property Group stock overvalued right now?
Based on GuruFocus' analysis, First Property Group (LSE:FPO) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.16, compared to a current price of £0.14 — trading 15.6% below its estimated fair value. The current Quick Ratio is 2.56, which is 156% above median its 10-year median of 1.00 and 204.8% above the Real Estate industry median of 0.84. First Property Group's overall GF Score™ is 45/100 with 4 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 First Property Group (LSE:FPO), the current Quick Ratio is 2.56 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 First Property Group (LSE:FPO) Overvalued in 2026?

Based on GuruFocus' analysis, First Property Group stock appears to be undervalued. The current stock price of £0.14 is trading 15.6% below its estimated GF Value™ of £0.16. GuruFocus considers First Property Group to be Modestly Undervalued.

Key valuation signals for LSE:FPO:

  • Quick Ratio: 2.56 (156% above median its 10-year median of 1.00)
  • GF Value™: £0.16 vs. price of £0.14 (15.6% below fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 204.8% above the Real Estate median (#305 of 1794)

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


First Property Group Business Description

Address 32 St James’s Street, London, GBR, SW1A 1HD
First Property Group PLC is a property fund manager and investor with operations in the United Kingdom and Central Europe mainly in Poland. The company is organized into three segments including Property Fund Management, Group Properties, and the Associates and Investments. It generates the majority of its revenue from the Group Properties segment. The Group Properties segment comprises the revenues and profits from its trading in its properties including rental and service charge income from the properties owned by the company.
45GF Score

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

£0.14
Price
£0.16
GF Value