First Capital SpAMIL:FIC -1.19%43 Quick Ratio is 2.93 as of Dec. 2025, which is 82% below its 10-year median of 16.66. GuruFocus rates MIL:FIC with a GF Score™ of 43/100 and a GF Value™ of €66.94 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 690 Capital Markets companies, First Capital SpA ranks better than 59.42% on this metric.
First Capital SpA has a quick ratio of 2.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for First Capital SpA's Quick Ratio or its related term are showing as below:
MIL:FIC'
s Quick Ratio Range Over the Past 10 Years
Min: 2.93 Med: 16.66 Max: 39.73
Current: 2.93
During the past 13 years, First Capital SpA's highest Quick Ratio was 39.73. The lowest was 2.93. And the median was 16.66.
MIL:FIC's Quick Ratio is ranked better than 59.42% of 690
companies
in the Capital Markets industry
Industry Median: 2.1
vs MIL:FIC: 2.93
First Capital SpA (MIL:FIC) 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 Capital SpA Quick Ratio Related Terms
First Capital SpA Quick Ratio Historical Data
* Premium members only.
The historical data trend for First Capital 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 Capital Markets subindustry, First Capital 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.
First Capital SpA Quick Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, First Capital SpA's Quick Ratio distribution charts can be found below:
* The bar in red indicates where First Capital 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.
First Capital 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.
First Capital SpA (MIL:FIC) has a Quick Ratio of 2.93 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on First Capital SpA and its competitors. This is 82% below median its historical median of 16.66. Over the past decade, First Capital SpA's Quick Ratio has ranged from 2.93 to 39.73. According to the industry distribution chart, First Capital SpA ranks #280 out of 690 companies in the Capital Markets industry, placing it in the top 40.6%.
Is First Capital SpA's Quick Ratio too high?
First Capital SpA's current Quick Ratio of 2.93 is 82% below median its 10-year median of 16.66. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 39.73. The Capital Markets industry median Quick Ratio is 2.10. First Capital SpA's value of 2.93 is 39.5% above this industry median. Based on the distribution chart, First Capital SpA ranks #280 out of 690 companies in the Capital Markets industry, which is above the industry midpoint. Overall, First Capital SpA has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does First Capital SpA's Quick Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, First Capital SpA ranks #280 out of 690 companies for Quick Ratio. This puts First Capital SpA in the upper half of its industry. The industry median Quick Ratio is 2.10. First Capital SpA's value of 2.93 is 39.5% above this benchmark. Historically, First Capital SpA's own Quick Ratio has ranged from 2.93 to 39.73 over the past decade. While the company's 10-year median is 16.66 vs. the industry median of 2.10, First Capital 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 a Capital Markets company?
The median Quick Ratio among Capital Markets companies is 2.10, based on 690 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 Capital SpA's current Quick Ratio of 2.93 is 39.5% 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 Capital SpA and its competitors. For the Capital Markets industry, the median Quick Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Capital SpA's current Quick Ratio is 2.93, which is 82% below median its own 10-year median of 16.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital SpA stock overvalued right now?
Based on GuruFocus' analysis, First Capital SpA (MIL:FIC) is currently considered Possible Value Trap. The stock's GF Value™ is €66.94, compared to a current price of €16.60 — trading 75.2% below its estimated fair value. The current Quick Ratio is 2.93, which is 82% below median its 10-year median of 16.66 and 39.5% above the Capital Markets industry median of 2.10. First Capital SpA's overall GF Score™ is 43/100 with 3 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 Capital SpA (MIL:FIC), the current Quick Ratio is 2.93 as of Dec. 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 First Capital SpA (MIL:FIC) Overvalued in 2026?
Based on GuruFocus' analysis, First Capital SpA stock appears to be undervalued.
The current stock price of €16.60 is trading 75.2% below its estimated GF Value™ of €66.94.
GuruFocus considers First Capital SpA to be Possible Value Trap.
Key valuation signals for MIL:FIC:
Quick Ratio: 2.93 (82% below median its 10-year median of 16.66)
GF Value™: €66.94 vs. price of €16.60 (75.2% below fair value)
Industry Position: 39.5% above the Capital Markets median (#280 of 690)
No single metric tells the full story. See the MIL:FIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Capital SpA is an investment holding company specialising in Public Equity and Private Equity Investments, focused on Small-Medium Enterprises, with an active approach to managing investee companies. It seeks investment opportunities among companies in niche markets with skilled management teams and with sustainable development plans. The company is a long-term investor which contributes to an increase of its target companies' value over time, supporting entrepreneurs for the creation of successful strategies, also through the appointment of its candidates in the administrative and supervisory bodies.
43GF Score
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