Tokyo ElectronTOELY -1.90%85 Quick Ratio is 1.65 as of Mar. 2026, which is 2% below its 10-year median of 1.69. GuruFocus rates TOELY with a GF Score™ of 85/100 and a GF Value™ of $100.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,029 Semiconductors companies, Tokyo Electron ranks worse than 54.42% 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. Tokyo Electron's quick ratio for the quarter that ended in Mar. 2026 was 1.65.
Tokyo Electron has a quick ratio of 1.65. It generally indicates good short-term financial strength.
The historical rank and industry rank for Tokyo Electron's Quick Ratio or its related term are showing as below:
TOELY'
s Quick Ratio Range Over the Past 10 Years
Min: 1.49 Med: 1.69 Max: 2.18
Current: 1.65
During the past 13 years, Tokyo Electron's highest Quick Ratio was 2.18. The lowest was 1.49. And the median was 1.69.
TOELY's Quick Ratio is ranked worse than 54.42% of 1029
companies
in the Semiconductors industry
Industry Median: 1.85
vs TOELY: 1.65
Tokyo Electron (OTCPK:TOELY) 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.
Tokyo Electron Quick Ratio Related Terms
Tokyo Electron Quick Ratio Historical Data
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The historical data trend for Tokyo Electron'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 Semiconductor Equipment & Materials subindustry, Tokyo Electron'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.
Tokyo Electron Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Tokyo Electron's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Tokyo Electron'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.
Tokyo Electron's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Tokyo Electron (TOELY) has a Quick Ratio of 1.65 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tokyo Electron and its competitors. This is near median its historical median of 1.69. Over the past decade, Tokyo Electron's Quick Ratio has ranged from 1.49 to 2.18. According to the industry distribution chart, Tokyo Electron ranks #560 out of 1029 companies in the Semiconductors industry, placing it in the top 54.4%.
Is Tokyo Electron's Quick Ratio too high?
Tokyo Electron's current Quick Ratio of 1.65 is near median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 2.18. The Semiconductors industry median Quick Ratio is 1.85. Tokyo Electron's value of 1.65 is 10.8% below this industry median. Based on the distribution chart, Tokyo Electron ranks #560 out of 1029 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Tokyo Electron has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron's Quick Ratio compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Tokyo Electron ranks #560 out of 1029 companies for Quick Ratio. This places Tokyo Electron in the lower half of its industry. The industry median Quick Ratio is 1.85. Tokyo Electron's value of 1.65 is 10.8% below this benchmark. Historically, Tokyo Electron's own Quick Ratio has ranged from 1.49 to 2.18 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.85, Tokyo Electron 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,029 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. Tokyo Electron's current Quick Ratio of 1.65 is 10.8% 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 Tokyo Electron and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electron's current Quick Ratio is 1.65, which is near median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron (TOELY) is currently considered Significantly Overvalued. The stock's GF Value™ is $100.40, compared to a current price of $229.56 — trading 128.6% above its estimated fair value. The current Quick Ratio is 1.65, which is near median its 10-year median of 1.69 and 10.8% below the Semiconductors industry median of 1.85. Tokyo Electron's overall GF Score™ is 85/100 with 8 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 Tokyo Electron (TOELY), the current Quick Ratio is 1.65 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 Tokyo Electron (TOELY) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Electron stock appears to be overvalued.
The current stock price of $229.56 is trading 128.6% above its estimated GF Value™ of $100.40.
GuruFocus considers Tokyo Electron to be Significantly Overvalued.
Key valuation signals for TOELY:
Quick Ratio: 1.65 (near median its 10-year median of 1.69)
GF Value™: $100.40 vs. price of $229.56 (128.6% above fair value)
Industry Position: 10.8% below the Semiconductors median (#560 of 1029)
No single metric tells the full story. See the TOELY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Electron is a major supplier of semiconductor fabrication tools. It operates primarily in the etching, deposition, and cleaning segments, which involve adding and removing materials to and from semiconductor wafers. Customers include leading-edge logic, foundry, and memory chipmakers such as Samsung Electronics, Intel, TSMC, and SK Hynix.
85GF Score
Get the complete analysis for TOELY
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