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Victory New Materials CoTPE:1340 -3.09%30 Quick Ratio is 7.88 as of Dec. 2025, which is 47% below its 10-year median of 14.93. GuruFocus rates TPE:1340 with a GF Score™ of 30/100 and a GF Value™ of NT$0.92 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Victory New Materials Co ranks better than 95.11% on this metric.
Victory New Materials Co (TPE:1340) 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.
Victory New Materials Co Quick Ratio Related Terms
Victory New Materials Co Quick Ratio Historical Data
* 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.
TPE:1340 vs NKE, DECK, ONON: Quick Ratio Comparison
For the Footwear & Accessories subindustry, Victory New Materials Co'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.
Victory New Materials Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Victory New Materials Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Victory New Materials Co'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.
Victory New Materials Co's Quick Ratio for the fiscal year that ended in Dec. 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.
Victory New Materials Co (TPE:1340) has a Quick Ratio of 7.88 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Victory New Materials Co and its competitors. This is 47% below median its historical median of 14.93. Over the past decade, Victory New Materials Co's Quick Ratio has ranged from 6.98 to 24.54. According to the industry distribution chart, Victory New Materials Co ranks #52 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.9%.
Is Victory New Materials Co's Quick Ratio too high?
Victory New Materials Co's current Quick Ratio of 7.88 is 47% below median its 10-year median of 14.93. Over the past 10 years, this metric has ranged from a low of 6.98 to a high of 24.54. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Victory New Materials Co's value of 7.88 is 609.9% above this industry median. Based on the distribution chart, Victory New Materials Co ranks #52 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Victory New Materials Co has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victory New Materials Co's Quick Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Victory New Materials Co ranks #52 out of 1063 companies for Quick Ratio. This places Victory New Materials Co in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Victory New Materials Co's value of 7.88 is 609.9% above this benchmark. Historically, Victory New Materials Co's own Quick Ratio has ranged from 6.98 to 24.54 over the past decade. While the company's 10-year median is 14.93 vs. the industry median of 1.11, Victory New Materials Co 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,063 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. Victory New Materials Co's current Quick Ratio of 7.88 is 609.9% 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 Victory New Materials Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory New Materials Co's current Quick Ratio is 7.88, which is 47% below median its own 10-year median of 14.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Victory New Materials Co (TPE:1340) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$0.92, compared to a current price of NT$5.33 — trading 479.3% above its estimated fair value. The current Quick Ratio is 7.88, which is 47% below median its 10-year median of 14.93 and 609.9% above the Manufacturing - Apparel & Accessories industry median of 1.11. Victory New Materials Co's overall GF Score™ is 30/100 with 6 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 Victory New Materials Co (TPE:1340), the current Quick Ratio is 7.88 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 Victory New Materials Co (TPE:1340) Overvalued in 2026?
Based on GuruFocus' analysis, Victory New Materials Co stock appears to be overvalued.
The current stock price of NT$5.33 is trading 479.3% above its estimated GF Value™ of NT$0.92.
GuruFocus considers Victory New Materials Co to be Significantly Overvalued.
Key valuation signals for TPE:1340:
Quick Ratio: 7.88 (47% below median its 10-year median of 14.93)
GF Value™: NT$0.92 vs. price of NT$5.33 (479.3% above fair value)
Industry Position: 609.9% above the Manufacturing - Apparel & Accessories median (#52 of 1063)
No single metric tells the full story. See the TPE:1340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Victory New Materials Ltd Co is engaged in the manufacturing and trading of various types of shoe sole materials and office building and factory leasing and hotel operations and other related business operations and investments. Its products include rubber soles, monochrome soles, two-color dual-hardness soles, and color dual-density soles. The company also provides rubber foam soles and EVO granules, as well as finished shoes.
30GF Score
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