MITFY (MITIE Group) Quick Ratio: 0.87 (As of Mar. 2026) — Near Median


MITFY MITIE Group PLC MITFY
89 GF Score
Price $8.17
GF Value $8.44
Valuation Fairly Valued
! 2 Warning Signs
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What is MITIE Group Quick Ratio?

MITIE Group MITFY -0.24% 89 Quick Ratio is 0.87 as of Mar. 2026, which is 4% below its 10-year median of 0.91. GuruFocus rates MITFY with a GF Score™ of 89/100 and a GF Value™ of $8.44 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,092 Business Services companies, MITIE Group ranks worse than 80.86% 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. MITIE Group's quick ratio for the quarter that ended in Mar. 2026 was 0.87.

MITIE Group has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.

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

MITFY' s Quick Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.91   Max: 1.01
Current: 0.87

During the past 13 years, MITIE Group's highest Quick Ratio was 1.01. The lowest was 0.63. And the median was 0.91.

MITFY's Quick Ratio is ranked worse than
80.86% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs MITFY: 0.87

MITIE Group  (OTCPK:MITFY) 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.


MITIE Group Quick Ratio Related Terms


MITIE Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for MITIE 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.

MITIE Group Quick Ratio Chart

MITIE 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 0.91 0.97 0.91 0.93 0.87

MITIE 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 0.91 0.89 0.93 0.92 0.87

MITFY vs CTAS, CPRT, GPN: Quick Ratio Comparison

For the Specialty Business Services subindustry, MITIE 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.


MITIE Group Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, MITIE Group's Quick Ratio distribution charts can be found below:

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


MITFY
89GF Score
MITIE Group PLC MITFY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MITIE 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.

MITIE 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
=(1627.333-35.6)/1829.6
=0.87

MITIE 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
=(1627.333-35.6)/1829.6
=0.87

* 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 0.87 mean?
MITIE Group (MITFY) has a Quick Ratio of 0.87 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on MITIE Group and its competitors. This is near median its historical median of 0.91. Over the past decade, MITIE Group's Quick Ratio has ranged from 0.63 to 1.01. According to the industry distribution chart, MITIE Group ranks #883 out of 1092 companies in the Business Services industry, placing it in the top 80.9%.
Is MITIE Group's Quick Ratio too high?
MITIE Group's current Quick Ratio of 0.87 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.01. The Business Services industry median Quick Ratio is 1.67. MITIE Group's value of 0.87 is 47.9% below this industry median. Based on the distribution chart, MITIE Group ranks #883 out of 1092 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, MITIE Group has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MITIE Group's Quick Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, MITIE Group ranks #883 out of 1092 companies for Quick Ratio. This places MITIE Group in the lower half of its industry. The industry median Quick Ratio is 1.67. MITIE Group's value of 0.87 is 47.9% below this benchmark. Historically, MITIE Group's own Quick Ratio has ranged from 0.63 to 1.01 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.67, MITIE 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 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. MITIE Group's current Quick Ratio of 0.87 is 47.9% 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 MITIE Group and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MITIE Group's current Quick Ratio is 0.87, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITIE Group stock overvalued right now?
Based on GuruFocus' analysis, MITIE Group (MITFY) is currently considered Fairly Valued. The stock's GF Value™ is $8.44, compared to a current price of $8.17 — trading 3.2% below its estimated fair value. The current Quick Ratio is 0.87, which is near median its 10-year median of 0.91 and 47.9% below the Business Services industry median of 1.67. MITIE Group's overall GF Score™ is 89/100 with 2 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 MITIE Group (MITFY), the current Quick Ratio is 0.87 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 MITIE Group (MITFY) Overvalued in 2026?

Based on GuruFocus' analysis, MITIE Group stock appears to be undervalued. The current stock price of $8.17 is trading 3.2% below its estimated GF Value™ of $8.44. GuruFocus considers MITIE Group to be Fairly Valued.

Key valuation signals for MITFY:

  • Quick Ratio: 0.87 (near median its 10-year median of 0.91)
  • GF Value™: $8.44 vs. price of $8.17 (3.2% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 47.9% below the Business Services median (#883 of 1092)

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


MITIE Group Business Description

Address 32 London Bridge Street, The Shard, Level 12, Southwark, London, GBR, SE1 9SG
MITIE Group PLC provides strategic outsourcing services. The company delivers Facilities Management, Facilities Transformation and Facilities Compliance services. It operates in two segments namely Business Services segment provides security and hygiene services across public and private sector contracts, including expertise in Central Government and Immigration & Justice, and Technical Services provides engineering facilities management services for buildings and critical assets, including for the Ministry of Defence (MoD) and in Healthcare, Local Government & Education. The division also delivers Facilities Transformation projects in high-growth areas including buildings infrastructure, decarbonisation technologies, data centres and power & grid connections.
89GF Score

Get the complete analysis for MITFY

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

$8.17
Price
$8.44
GF Value