Honeywell Flour MillsNSA:HFM 69 Quick Ratio is 0.45 as of Mar. 2025, which is 15% above its 10-year median of 0.39. GuruFocus rates NSA:HFM with a GF Score™ of 69/100 and a GF Value™ of ₦10.20 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, Honeywell Flour Mills ranks worse than 85.76% on this metric.
Honeywell Flour Mills has a quick ratio of 0.45. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Honeywell Flour Mills's Quick Ratio or its related term are showing as below:
NSA:HFM'
s Quick Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.39 Max: 0.52
Current: 0.45
During the past 13 years, Honeywell Flour Mills's highest Quick Ratio was 0.52. The lowest was 0.16. And the median was 0.39.
NSA:HFM's Quick Ratio is ranked worse than 85.76% of 1987
companies
in the Consumer Packaged Goods industry
Industry Median: 1.12
vs NSA:HFM: 0.45
Honeywell Flour Mills (NSA:HFM) 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.
Honeywell Flour Mills Quick Ratio Related Terms
Honeywell Flour Mills Quick Ratio Historical Data
* Premium members only.
The historical data trend for Honeywell Flour Mills'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 Packaged Foods subindustry, Honeywell Flour Mills'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.
Honeywell Flour Mills Quick Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Honeywell Flour Mills'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.
Honeywell Flour Mills's Quick Ratio for the fiscal year that ended in Mar. 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.
Honeywell Flour Mills (NSA:HFM) has a Quick Ratio of 0.45 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Honeywell Flour Mills and its competitors. This is 15% above median its historical median of 0.39. Over the past decade, Honeywell Flour Mills' Quick Ratio has ranged from 0.16 to 0.52. According to the industry distribution chart, Honeywell Flour Mills ranks #1704 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 85.8%.
Is Honeywell Flour Mills' Quick Ratio too high?
Honeywell Flour Mills' current Quick Ratio of 0.45 is 15% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.52. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Honeywell Flour Mills' value of 0.45 is 59.8% below this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #1704 out of 1987 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #1704 out of 1987 companies for Quick Ratio. This places Honeywell Flour Mills in the lower half of its industry. The industry median Quick Ratio is 1.12. Honeywell Flour Mills' value of 0.45 is 59.8% below this benchmark. Historically, Honeywell Flour Mills' own Quick Ratio has ranged from 0.16 to 0.52 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.12, Honeywell Flour Mills 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,987 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. Honeywell Flour Mills's current Quick Ratio of 0.45 is 59.8% 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 Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current Quick Ratio is 0.45, which is 15% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.20, compared to a current price of ₦15.85 — trading 55.4% above its estimated fair value. The current Quick Ratio is 0.45, which is 15% above median its 10-year median of 0.39 and 59.8% below the Consumer Packaged Goods industry median of 1.12. Honeywell Flour Mills' overall GF Score™ is 69/100 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 Honeywell Flour Mills (NSA:HFM), the current Quick Ratio is 0.45 as of Mar. 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued.
The current stock price of ₦15.85 is trading 55.4% above its estimated GF Value™ of ₦10.20.
GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.
Key valuation signals for NSA:HFM:
Quick Ratio: 0.45 (15% above median its 10-year median of 0.39)
GF Value™: ₦10.20 vs. price of ₦15.85 (55.4% above fair value)
Industry Position: 59.8% below the Consumer Packaged Goods median (#1704 of 1987)
No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
69GF Score
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