ERG SpAMIL:ERG +0.26%76 Quick Ratio is 88.80 as of Mar. 2026, which is 3829% above its 10-year median of 2.26. GuruFocus rates MIL:ERG with a GF Score™ of 76/100 and a GF Value™ of €24.37 (Fairly Valued). The stock has 5 warning signs investors should review. Among 445 Utilities - Independent Power Producers companies, ERG SpA ranks better than 99.78% 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. ERG SpA's quick ratio for the quarter that ended in Mar. 2026 was 88.80.
ERG SpA has a quick ratio of 88.80. It generally indicates good short-term financial strength.
The historical rank and industry rank for ERG SpA's Quick Ratio or its related term are showing as below:
MIL:ERG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.67 Med: 2.26 Max: 88.8
Current: 88.8
During the past 13 years, ERG SpA's highest Quick Ratio was 88.80. The lowest was 0.67. And the median was 2.26.
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.
ERG SpA Quick Ratio Related Terms
ERG SpA Quick Ratio Historical Data
* Premium members only.
The historical data trend for ERG SpA'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 Utilities - Renewable subindustry, ERG SpA'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.
ERG SpA Quick Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ERG SpA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where ERG SpA'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.
ERG SpA's Quick Ratio for the fiscal year that ended in Dec. 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.
ERG SpA (MIL:ERG) has a Quick Ratio of 88.80 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ERG SpA and its competitors. This is 3829% above median its historical median of 2.26. Over the past decade, ERG SpA's Quick Ratio has ranged from 0.67 to 88.80. According to the industry distribution chart, ERG SpA ranks #1 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 0.2%.
Is ERG SpA's Quick Ratio too high?
ERG SpA's current Quick Ratio of 88.80 is 3829% above median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 88.80. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. ERG SpA's value of 88.80 is 7061.3% above this industry median. Based on the distribution chart, ERG SpA ranks #1 out of 445 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, ERG SpA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ERG SpA's Quick Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ERG SpA ranks #1 out of 445 companies for Quick Ratio. This places ERG SpA in the top 0% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. ERG SpA's value of 88.80 is 7061.3% above this benchmark. Historically, ERG SpA's own Quick Ratio has ranged from 0.67 to 88.80 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.24, ERG SpA 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 445 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. ERG SpA's current Quick Ratio of 88.80 is 7061.3% 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 ERG SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ERG SpA's current Quick Ratio is 88.80, which is 3829% above median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERG SpA stock overvalued right now?
Based on GuruFocus' analysis, ERG SpA (MIL:ERG) is currently considered Fairly Valued. The stock's GF Value™ is €24.37, compared to a current price of €23.28 — trading 4.5% below its estimated fair value. The current Quick Ratio is 88.80, which is 3829% above median its 10-year median of 2.26 and 7061.3% above the Utilities - Independent Power Producers industry median of 1.24. ERG SpA's overall GF Score™ is 76/100 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 ERG SpA (MIL:ERG), the current Quick Ratio is 88.80 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 ERG SpA (MIL:ERG) Overvalued in 2026?
Based on GuruFocus' analysis, ERG SpA stock appears to be undervalued.
The current stock price of €23.28 is trading 4.5% below its estimated GF Value™ of €24.37.
GuruFocus considers ERG SpA to be Fairly Valued.
Key valuation signals for MIL:ERG:
Quick Ratio: 88.80 (3829% above median its 10-year median of 2.26)
GF Value™: €24.37 vs. price of €23.28 (4.5% below fair value)
Industry Position: 7061.3% above the Utilities - Independent Power Producers median (#1 of 445)
No single metric tells the full story. See the MIL:ERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew which focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
76GF Score
Get the complete analysis for MIL:ERG
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:ERG has been successfully added to your 
