Right Way Industrial CoTPE:1506 -2.37%66 Quick Ratio is 1.44 as of Dec. 2025, which is 20% above its 10-year median of 1.20. GuruFocus rates TPE:1506 with a GF Score™ of 66/100 and a GF Value™ of NT$12.41 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,335 Vehicles & Parts companies, Right Way Industrial Co ranks better than 67.19% on this metric.
Right Way Industrial Co has a quick ratio of 1.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Right Way Industrial Co's Quick Ratio or its related term are showing as below:
TPE:1506'
s Quick Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.2 Max: 2.73
Current: 1.44
During the past 13 years, Right Way Industrial Co's highest Quick Ratio was 2.73. The lowest was 0.45. And the median was 1.20.
TPE:1506's Quick Ratio is ranked better than 67.19% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 1.06
vs TPE:1506: 1.44
Right Way Industrial Co (TPE:1506) 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.
Right Way Industrial Co Quick Ratio Related Terms
Right Way Industrial 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.
For the Auto Parts subindustry, Right Way Industrial 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.
Right Way Industrial Co Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Right Way Industrial Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Right Way Industrial 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.
Right Way Industrial 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.
Right Way Industrial Co (TPE:1506) has a Quick Ratio of 1.44 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Right Way Industrial Co and its competitors. This is 20% above median its historical median of 1.20. Over the past decade, Right Way Industrial Co's Quick Ratio has ranged from 0.45 to 2.73. According to the industry distribution chart, Right Way Industrial Co ranks #438 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 32.8%.
Is Right Way Industrial Co's Quick Ratio too high?
Right Way Industrial Co's current Quick Ratio of 1.44 is 20% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.73. The Vehicles & Parts industry median Quick Ratio is 1.06. Right Way Industrial Co's value of 1.44 is 35.8% above this industry median. Based on the distribution chart, Right Way Industrial Co ranks #438 out of 1335 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Right Way Industrial Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Right Way Industrial Co's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Right Way Industrial Co ranks #438 out of 1335 companies for Quick Ratio. This puts Right Way Industrial Co in the upper half of its industry. The industry median Quick Ratio is 1.06. Right Way Industrial Co's value of 1.44 is 35.8% above this benchmark. Historically, Right Way Industrial Co's own Quick Ratio has ranged from 0.45 to 2.73 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.06, Right Way Industrial 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,335 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. Right Way Industrial Co's current Quick Ratio of 1.44 is 35.8% 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 Right Way Industrial Co and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Right Way Industrial Co's current Quick Ratio is 1.44, which is 20% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Right Way Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Right Way Industrial Co (TPE:1506) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$12.41, compared to a current price of NT$10.30 — trading 17% below its estimated fair value. The current Quick Ratio is 1.44, which is 20% above median its 10-year median of 1.20 and 35.8% above the Vehicles & Parts industry median of 1.06. Right Way Industrial Co's overall GF Score™ is 66/100 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 Right Way Industrial Co (TPE:1506), the current Quick Ratio is 1.44 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 Right Way Industrial Co (TPE:1506) Overvalued in 2026?
Based on GuruFocus' analysis, Right Way Industrial Co stock appears to be undervalued.
The current stock price of NT$10.30 is trading 17% below its estimated GF Value™ of NT$12.41.
GuruFocus considers Right Way Industrial Co to be Modestly Undervalued.
Key valuation signals for TPE:1506:
Quick Ratio: 1.44 (20% above median its 10-year median of 1.20)
GF Value™: NT$12.41 vs. price of NT$10.30 (17% below fair value)
Industry Position: 35.8% above the Vehicles & Parts median (#438 of 1335)
No single metric tells the full story. See the TPE:1506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Right Way Industrial Co Ltd operates in the auto parts industry. The company is engaged in the manufacturing and retail sale of engines, parts of automobiles and motorcycles, pistons, piston rings, and its accessories, components of steering systems, crankshafts, machine tools, and system furniture. The company geographically operates in Taiwan, Malaysia, China, United States, and other countries.
66GF Score
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