Nordic Group (SGX:MR7) Quick Ratio: 1.58 (As of Dec. 2025) — 15% Above Median

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SGX:MR7 Nordic Group Ltd SGX:MR7
67 GF Score
Price S$0.54
GF Value S$0.36
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nordic Group Quick Ratio?

Nordic Group SGX:MR7 67 Quick Ratio is 1.58 as of Dec. 2025, which is 15% above its 10-year median of 1.37. GuruFocus rates SGX:MR7 with a GF Score™ of 67/100 and a GF Value™ of S$0.36 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,783 Construction companies, Nordic Group ranks better than 63.43% 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. Nordic Group's quick ratio for the quarter that ended in Dec. 2025 was 1.58.

Nordic Group has a quick ratio of 1.58. It generally indicates good short-term financial strength.

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

SGX:MR7' s Quick Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.37   Max: 1.73
Current: 1.58

During the past 13 years, Nordic Group's highest Quick Ratio was 1.73. The lowest was 1.09. And the median was 1.37.

SGX:MR7's Quick Ratio is ranked better than
63.43% of 1783 companies
in the Construction industry
Industry Median: 1.29 vs SGX:MR7: 1.58

Nordic Group  (SGX:MR7) 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.


Nordic Group Quick Ratio Related Terms


Nordic Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Nordic 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.

Nordic Group Quick Ratio Chart

Nordic Group 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 1.31 1.17 1.09 1.38 1.58

Nordic Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.09 1.16 1.38 1.45 1.58

SGX:MR7 vs PWR, FIX, EME: Quick Ratio Comparison

For the Engineering & Construction subindustry, Nordic 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.


Nordic Group Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Nordic Group's Quick Ratio distribution charts can be found below:

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


SGX:MR7
67GF Score
Nordic Group Ltd SGX:MR7
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic 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.

Nordic Group'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
=(140.904-19.869)/76.722
=1.58

Nordic Group's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(140.904-19.869)/76.722
=1.58

* 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 1.58 mean?
Nordic Group (SGX:MR7) has a Quick Ratio of 1.58 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nordic Group and its competitors. This is 15% above median its historical median of 1.37. Over the past decade, Nordic Group's Quick Ratio has ranged from 1.09 to 1.73. According to the industry distribution chart, Nordic Group ranks #652 out of 1783 companies in the Construction industry, placing it in the top 36.6%.
Is Nordic Group's Quick Ratio too high?
Nordic Group's current Quick Ratio of 1.58 is 15% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 1.73. The Construction industry median Quick Ratio is 1.29. Nordic Group's value of 1.58 is 22.5% above this industry median. Based on the distribution chart, Nordic Group ranks #652 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, Nordic Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Group's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Nordic Group ranks #652 out of 1783 companies for Quick Ratio. This puts Nordic Group in the upper half of its industry. The industry median Quick Ratio is 1.29. Nordic Group's value of 1.58 is 22.5% above this benchmark. Historically, Nordic Group's own Quick Ratio has ranged from 1.09 to 1.73 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.29, Nordic Group 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,783 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. Nordic Group's current Quick Ratio of 1.58 is 22.5% 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 Nordic Group and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Group's current Quick Ratio is 1.58, which is 15% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Group stock overvalued right now?
Based on GuruFocus' analysis, Nordic Group (SGX:MR7) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.36, compared to a current price of S$0.54 — trading 48.6% above its estimated fair value. The current Quick Ratio is 1.58, which is 15% above median its 10-year median of 1.37 and 22.5% above the Construction industry median of 1.29. Nordic Group's overall GF Score™ is 67/100 with 1 warning sign 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 Nordic Group (SGX:MR7), the current Quick Ratio is 1.58 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 Nordic Group (SGX:MR7) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Group stock appears to be overvalued. The current stock price of S$0.54 is trading 48.6% above its estimated GF Value™ of S$0.36. GuruFocus considers Nordic Group to be Significantly Overvalued.

Key valuation signals for SGX:MR7:

  • Quick Ratio: 1.58 (15% above median its 10-year median of 1.37)
  • GF Value™: S$0.36 vs. price of S$0.54 (48.6% above fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 22.5% above the Construction median (#652 of 1783)

No single metric tells the full story. See the SGX:MR7 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic Group Business Description

Address 2 Tuas Avenue 10, Singapore, SGP, 639126
Nordic Group Ltd is an investment holding company. Its operating business segments include i) Project Services: It includes projects that requires engineering, design, fabrication, procurement, construction, machining, scaffolding works, insulation services and passive fireproofing services, ii) Maintenance Services: It includes maintenance and repair services, including trading and supply of material, spare parts and components, and iii) Others. The majority of the company's revenue is derived from the Project Services segment. Geographically, the maximum revenue is generated from Singapore, and the rest from China, Malaysia, the Middle East and the United States.
67GF Score

Get the complete analysis for SGX:MR7

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

S$0.54
Price
S$0.36
GF Value