Games Workshop Group (LSE:GAW) Quick Ratio: 3.26 (As of Nov. 2025) — 27% Above Median


LSE:GAW Games Workshop Group PLC LSE:GAW
95 GF Score
Price £219.40
GF Value £147.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Games Workshop Group Quick Ratio?

Games Workshop Group LSE:GAW +1.11% 95 Quick Ratio is 3.26 as of Nov. 2025, which is 27% above its 10-year median of 2.57. GuruFocus rates LSE:GAW with a GF Score™ of 95/100 and a GF Value™ of £147.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 858 Travel & Leisure companies, Games Workshop Group ranks better than 86.48% 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. Games Workshop Group's quick ratio for the quarter that ended in Nov. 2025 was 3.26.

Games Workshop Group has a quick ratio of 3.26. It generally indicates good short-term financial strength.

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

LSE:GAW' s Quick Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.57   Max: 3.26
Current: 3.26

During the past 13 years, Games Workshop Group's highest Quick Ratio was 3.26. The lowest was 1.37. And the median was 2.57.

LSE:GAW's Quick Ratio is ranked better than
86.48% of 858 companies
in the Travel & Leisure industry
Industry Median: 1.14 vs LSE:GAW: 3.26

Games Workshop Group  (LSE:GAW) 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.


Games Workshop Group Quick Ratio Related Terms


Games Workshop Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Games Workshop 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.

Games Workshop Group Quick Ratio Chart

Games Workshop Group Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.62 2.59 2.93 2.56 2.96

Games Workshop Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 2.57 2.56 2.91 2.96 3.26

LSE:GAW vs AS, HAS, LTH: Quick Ratio Comparison

For the Leisure subindustry, Games Workshop 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.


Games Workshop Group Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Games Workshop Group's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Games Workshop Group's Quick Ratio falls into.


LSE:GAW
95GF Score
Games Workshop Group PLC LSE:GAW
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Games Workshop 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.

Games Workshop Group's Quick Ratio for the fiscal year that ended in May. 2025 is calculated as

Quick Ratio (A: May. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(227.5-39.5)/63.6
=2.96

Games Workshop Group's Quick Ratio for the quarter that ended in Nov. 2025 is calculated as

Quick Ratio (Q: Nov. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(266.7-39.9)/69.6
=3.26

* 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 3.26 mean?
Games Workshop Group (LSE:GAW) has a Quick Ratio of 3.26 as of Nov. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Games Workshop Group and its competitors. This is 27% above median its historical median of 2.57. Over the past decade, Games Workshop Group's Quick Ratio has ranged from 1.37 to 3.26. According to the industry distribution chart, Games Workshop Group ranks #116 out of 858 companies in the Travel & Leisure industry, placing it in the top 13.5%.
Is Games Workshop Group's Quick Ratio too high?
Games Workshop Group's current Quick Ratio of 3.26 is 27% above median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 3.26. The Travel & Leisure industry median Quick Ratio is 1.14. Games Workshop Group's value of 3.26 is 186% above this industry median. Based on the distribution chart, Games Workshop Group ranks #116 out of 858 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Games Workshop Group has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Games Workshop Group's Quick Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Games Workshop Group ranks #116 out of 858 companies for Quick Ratio. This places Games Workshop Group in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.14. Games Workshop Group's value of 3.26 is 186% above this benchmark. Historically, Games Workshop Group's own Quick Ratio has ranged from 1.37 to 3.26 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 1.14, Games Workshop 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 858 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. Games Workshop Group's current Quick Ratio of 3.26 is 186% 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 Games Workshop Group and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Workshop Group's current Quick Ratio is 3.26, which is 27% above median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Workshop Group stock overvalued right now?
Based on GuruFocus' analysis, Games Workshop Group (LSE:GAW) is currently considered Significantly Overvalued. The stock's GF Value™ is £147.23, compared to a current price of £219.40 — trading 49% above its estimated fair value. The current Quick Ratio is 3.26, which is 27% above median its 10-year median of 2.57 and 186% above the Travel & Leisure industry median of 1.14. Games Workshop Group's overall GF Score™ is 95/100 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 Games Workshop Group (LSE:GAW), the current Quick Ratio is 3.26 as of Nov. 2025. 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 Games Workshop Group (LSE:GAW) Overvalued in 2026?

Based on GuruFocus' analysis, Games Workshop Group stock appears to be overvalued. The current stock price of £219.40 is trading 49% above its estimated GF Value™ of £147.23. GuruFocus considers Games Workshop Group to be Significantly Overvalued.

Key valuation signals for LSE:GAW:

  • Quick Ratio: 3.26 (27% above median its 10-year median of 2.57)
  • GF Value™: £147.23 vs. price of £219.40 (49% above fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 186% above the Travel & Leisure median (#116 of 858)

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


Games Workshop Group Business Description

Address Willow Road, Lenton, Nottingham, GBR, NG7 2WS
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment.
95GF Score

Get the complete analysis for LSE:GAW

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

£219.40
Price
£147.23
GF Value