SMGZY (Smiths Group) Quick Ratio: 2.77 (As of Jan. 2026) — 68% Above Median


SMGZY Smiths Group PLC SMGZY
78 GF Score
Price $34.76
GF Value $18.37
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Smiths Group Quick Ratio?

Smiths Group SMGZY +1.64% 78 Quick Ratio is 2.77 as of Jan. 2026, which is 68% above its 10-year median of 1.65. GuruFocus rates SMGZY with a GF Score™ of 78/100 and a GF Value™ of $18.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,071 Industrial Products companies, Smiths Group ranks better than 81.44% 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. Smiths Group's quick ratio for the quarter that ended in Jan. 2026 was 2.77.

Smiths Group has a quick ratio of 2.77. It generally indicates good short-term financial strength.

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

SMGZY' s Quick Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.65   Max: 2.77
Current: 2.77

During the past 13 years, Smiths Group's highest Quick Ratio was 2.77. The lowest was 1.12. And the median was 1.65.

SMGZY's Quick Ratio is ranked better than
81.44% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs SMGZY: 2.77

Smiths Group  (OTCPK:SMGZY) 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.


Smiths Group Quick Ratio Related Terms


Smiths Group Quick Ratio Historical Data

* Premium members only.

The historical data trend for Smiths 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.

Smiths Group Quick Ratio Chart

Smiths Group Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 1.32 1.23 1.39 1.56

Smiths Group Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.16 1.39 1.28 1.56 2.77

SMGZY vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Smiths 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.


Smiths Group Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Quick Ratio distribution charts can be found below:

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


SMGZY
78GF Score
Smiths Group PLC SMGZY
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Smiths 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.

Smiths Group's Quick Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Quick Ratio (A: Jul. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2769.231-790.823)/1269.906
=1.56

Smiths Group's Quick Ratio for the quarter that ended in Jan. 2026 is calculated as

Quick Ratio (Q: Jan. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4138.024-368.065)/1362.652
=2.77

* 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 2.77 mean?
Smiths Group (SMGZY) has a Quick Ratio of 2.77 as of Jan. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Smiths Group and its competitors. This is 68% above median its historical median of 1.65. Over the past decade, Smiths Group's Quick Ratio has ranged from 1.12 to 2.77. According to the industry distribution chart, Smiths Group ranks #570 out of 3071 companies in the Industrial Products industry, placing it in the top 18.6%.
Is Smiths Group's Quick Ratio too high?
Smiths Group's current Quick Ratio of 2.77 is 68% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 2.77. The Industrial Products industry median Quick Ratio is 1.39. Smiths Group's value of 2.77 is 99.3% above this industry median. Based on the distribution chart, Smiths Group ranks #570 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Smiths Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smiths Group's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Smiths Group ranks #570 out of 3071 companies for Quick Ratio. This places Smiths Group in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Smiths Group's value of 2.77 is 99.3% above this benchmark. Historically, Smiths Group's own Quick Ratio has ranged from 1.12 to 2.77 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.39, Smiths 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Smiths Group's current Quick Ratio of 2.77 is 99.3% 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 Smiths Group and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smiths Group's current Quick Ratio is 2.77, which is 68% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smiths Group stock overvalued right now?
Based on GuruFocus' analysis, Smiths Group (SMGZY) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.37, compared to a current price of $34.76 — trading 89.2% above its estimated fair value. The current Quick Ratio is 2.77, which is 68% above median its 10-year median of 1.65 and 99.3% above the Industrial Products industry median of 1.39. Smiths Group's overall GF Score™ is 78/100 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 Smiths Group (SMGZY), the current Quick Ratio is 2.77 as of Jan. 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 Smiths Group (SMGZY) Overvalued in 2026?

Based on GuruFocus' analysis, Smiths Group stock appears to be overvalued. The current stock price of $34.76 is trading 89.2% above its estimated GF Value™ of $18.37. GuruFocus considers Smiths Group to be Significantly Overvalued.

Key valuation signals for SMGZY:

  • Quick Ratio: 2.77 (68% above median its 10-year median of 1.65)
  • GF Value™: $18.37 vs. price of $34.76 (89.2% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 99.3% above the Industrial Products median (#570 of 3071)

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


Smiths Group Business Description

Address 255 Blackfriars Road, Level 10, London, GBR, SE1 9AX
Smiths Group is a UK-based industrial technology company focused on engineered solutions for fluid and energy management, following the agreed divestments of its Detection and Interconnect divisions. Its two core businesses—John Crane and Flex-Tek - serve critical infrastructure, energy, aerospace, HVAC, and industrial markets. John Crane supplies mechanical seals, filtration systems, and condition-monitoring technologies used in rotating equipment, with a high-margin, recurring aftermarket business. Flex-Tek provides specialized tubing, heating components, and ducting systems primarily for US HVAC and aerospace OEMs.
78GF Score

Get the complete analysis for SMGZY

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

$34.76
Price
$18.37
GF Value