Norditek Group ABOSTO:NOTEK -2.26%58 Quick Ratio is 1.50 as of Feb. 2026, which is 90% above its 10-year median of 0.79. GuruFocus rates OSTO:NOTEK with a GF Score™ of 58/100 and a GF Value™ of kr15.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 246 Waste Management companies, Norditek Group AB ranks better than 53.66% on this metric.
Norditek Group AB has a quick ratio of 1.50. It generally indicates good short-term financial strength.
The historical rank and industry rank for Norditek Group AB's Quick Ratio or its related term are showing as below:
OSTO:NOTEK'
s Quick Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.79 Max: 1.5
Current: 1.5
During the past 5 years, Norditek Group AB's highest Quick Ratio was 1.50. The lowest was 0.25. And the median was 0.79.
OSTO:NOTEK's Quick Ratio is ranked better than 53.66% of 246
companies
in the Waste Management industry
Industry Median: 1.405
vs OSTO:NOTEK: 1.50
Norditek Group AB (OSTO:NOTEK) 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.
Norditek Group AB Quick Ratio Related Terms
Norditek Group AB Quick Ratio Historical Data
* Premium members only.
The historical data trend for Norditek Group AB'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.
OSTO:NOTEK vs WM, RSG, WCN: Quick Ratio Comparison
For the Waste Management subindustry, Norditek Group AB'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.
Norditek Group AB Quick Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Norditek Group AB's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Norditek Group AB'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.
Norditek Group AB's Quick Ratio for the fiscal year that ended in Aug. 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.
Norditek Group AB (OSTO:NOTEK) has a Quick Ratio of 1.50 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Norditek Group AB and its competitors. This is 90% above median its historical median of 0.79. Over the past decade, Norditek Group AB's Quick Ratio has ranged from 0.25 to 1.50. According to the industry distribution chart, Norditek Group AB ranks #114 out of 246 companies in the Waste Management industry, placing it in the top 46.3%.
Is Norditek Group AB's Quick Ratio too high?
Norditek Group AB's current Quick Ratio of 1.50 is 90% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.50. The Waste Management industry median Quick Ratio is 1.41. Norditek Group AB's value of 1.50 is 6.8% above this industry median. Based on the distribution chart, Norditek Group AB ranks #114 out of 246 companies in the Waste Management industry, which is above the industry midpoint. Overall, Norditek Group AB has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norditek Group AB's Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Norditek Group AB ranks #114 out of 246 companies for Quick Ratio. This puts Norditek Group AB in the upper half of its industry. The industry median Quick Ratio is 1.41. Norditek Group AB's value of 1.50 is 6.8% above this benchmark. Historically, Norditek Group AB's own Quick Ratio has ranged from 0.25 to 1.50 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.41, Norditek Group AB 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 Waste Management company?
The median Quick Ratio among Waste Management companies is 1.41, based on 246 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. Norditek Group AB's current Quick Ratio of 1.50 is 6.8% 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 Norditek Group AB and its competitors. For the Waste Management industry, the median Quick Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norditek Group AB's current Quick Ratio is 1.50, which is 90% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norditek Group AB stock overvalued right now?
Based on GuruFocus' analysis, Norditek Group AB (OSTO:NOTEK) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.18, compared to a current price of kr10.80 — trading 28.9% below its estimated fair value. The current Quick Ratio is 1.50, which is 90% above median its 10-year median of 0.79 and 6.8% above the Waste Management industry median of 1.41. Norditek Group AB's overall GF Score™ is 58/100 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 Norditek Group AB (OSTO:NOTEK), the current Quick Ratio is 1.50 as of Feb. 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 Norditek Group AB (OSTO:NOTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Norditek Group AB stock appears to be undervalued.
The current stock price of kr10.80 is trading 28.9% below its estimated GF Value™ of kr15.18.
GuruFocus considers Norditek Group AB to be Modestly Undervalued.
Key valuation signals for OSTO:NOTEK:
Quick Ratio: 1.50 (90% above median its 10-year median of 0.79)
GF Value™: kr15.18 vs. price of kr10.80 (28.9% below fair value)
Industry Position: 6.8% above the Waste Management median (#114 of 246)
No single metric tells the full story. See the OSTO:NOTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norditek Group AB is an environmental technology company with a focus on mobile and flexiblerecycling facilities in the Waste, Gravel & Rock and Biomass segments.
58GF Score
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