PNDZF (Pandora AS) Quick Ratio: 0.40 (As of Mar. 2026) — Near Median


PNDZF Pandora AS PNDZF
71 GF Score
Price $109.00
GF Value $174.10
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Pandora AS Quick Ratio?

Pandora AS PNDZF 71 Quick Ratio is 0.40 as of Mar. 2026, which is 7% below its 10-year median of 0.43. GuruFocus rates PNDZF with a GF Score™ of 71/100 and a GF Value™ of $174.10 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,127 Retail - Cyclical companies, Pandora AS ranks worse than 79.33% 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. Pandora AS's quick ratio for the quarter that ended in Mar. 2026 was 0.40.

Pandora AS has a quick ratio of 0.40. It indicates that the company cannot currently fully pay back its current liabilities.

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

PNDZF' s Quick Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.43   Max: 0.95
Current: 0.4

During the past 13 years, Pandora AS's highest Quick Ratio was 0.95. The lowest was 0.27. And the median was 0.43.

PNDZF's Quick Ratio is ranked worse than
79.33% of 1127 companies
in the Retail - Cyclical industry
Industry Median: 0.87 vs PNDZF: 0.40

Pandora AS  (OTCPK:PNDZF) 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.


Pandora AS Quick Ratio Related Terms


Pandora AS Quick Ratio Historical Data

* Premium members only.

The historical data trend for Pandora AS'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.

Pandora AS Quick Ratio Chart

Pandora AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.31 0.48 0.49 0.47

Pandora AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.32 0.31 0.28 0.47 0.40

PNDZF vs TPR, SIG: Quick Ratio Comparison

For the Luxury Goods subindustry, Pandora AS'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.


Pandora AS Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora AS's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Pandora AS's Quick Ratio falls into.


PNDZF
71GF Score
Pandora AS PNDZF
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pandora AS 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.

Pandora AS's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1603.223-765.552)/1764.079
=0.47

Pandora AS'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
=(1408.133-817.131)/1482.375
=0.40

* 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 0.40 mean?
Pandora AS (PNDZF) has a Quick Ratio of 0.40 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pandora AS and its competitors. This is near median its historical median of 0.43. Over the past decade, Pandora AS's Quick Ratio has ranged from 0.27 to 0.95. According to the industry distribution chart, Pandora AS ranks #894 out of 1127 companies in the Retail - Cyclical industry, placing it in the top 79.3%.
Is Pandora AS's Quick Ratio too high?
Pandora AS's current Quick Ratio of 0.40 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.95. The Retail - Cyclical industry median Quick Ratio is 0.87. Pandora AS's value of 0.40 is 54% below this industry median. Based on the distribution chart, Pandora AS ranks #894 out of 1127 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Pandora AS has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Quick Ratio compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Pandora AS ranks #894 out of 1127 companies for Quick Ratio. This places Pandora AS in the lower half of its industry. The industry median Quick Ratio is 0.87. Pandora AS's value of 0.40 is 54% below this benchmark. Historically, Pandora AS's own Quick Ratio has ranged from 0.27 to 0.95 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.87, Pandora AS 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.87, based on 1,127 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. Pandora AS's current Quick Ratio of 0.40 is 54% 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 Pandora AS and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pandora AS's current Quick Ratio is 0.40, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (PNDZF) is currently considered Significantly Undervalued. The stock's GF Value™ is $174.10, compared to a current price of $109.00 — trading 37.4% below its estimated fair value. The current Quick Ratio is 0.40, which is near median its 10-year median of 0.43 and 54% below the Retail - Cyclical industry median of 0.87. Pandora AS's overall GF Score™ is 71/100 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 Pandora AS (PNDZF), the current Quick Ratio is 0.40 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 Pandora AS (PNDZF) Overvalued in 2026?

Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued. The current stock price of $109.00 is trading 37.4% below its estimated GF Value™ of $174.10. GuruFocus considers Pandora AS to be Significantly Undervalued.

Key valuation signals for PNDZF:

  • Quick Ratio: 0.40 (near median its 10-year median of 0.43)
  • GF Value™: $174.10 vs. price of $109.00 (37.4% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 54% below the Retail - Cyclical median (#894 of 1127)

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


Pandora AS Business Description

Address Havneholmen 17-19, Copenhagen, DNK, DK-1561
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
71GF Score

Get the complete analysis for PNDZF

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

$109.00
Price
$174.10
GF Value