Globe Union Industrial (TPE:9934) Quick Ratio: 0.96 (As of Dec. 2025) — 10% Below Median


TPE:9934 Globe Union Industrial Corp TPE:9934
75 GF Score
Price NT$9.86
GF Value NT$11.70
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Globe Union Industrial Quick Ratio?

Globe Union Industrial TPE:9934 -3.33% 75 Quick Ratio is 0.96 as of Dec. 2025, which is 10% below its 10-year median of 1.07. GuruFocus rates TPE:9934 with a GF Score™ of 75/100 and a GF Value™ of NT$11.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,781 Construction companies, Globe Union Industrial ranks worse than 73.27% 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. Globe Union Industrial's quick ratio for the quarter that ended in Dec. 2025 was 0.96.

Globe Union Industrial has a quick ratio of 0.96. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Globe Union Industrial's Quick Ratio or its related term are showing as below:

TPE:9934' s Quick Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.07   Max: 1.27
Current: 0.96

During the past 13 years, Globe Union Industrial's highest Quick Ratio was 1.27. The lowest was 0.83. And the median was 1.07.

TPE:9934's Quick Ratio is ranked worse than
73.27% of 1781 companies
in the Construction industry
Industry Median: 1.28 vs TPE:9934: 0.96

Globe Union Industrial  (TPE:9934) 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.


Globe Union Industrial Quick Ratio Related Terms


Globe Union Industrial Quick Ratio Historical Data

* Premium members only.

The historical data trend for Globe Union Industrial'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.

Globe Union Industrial Quick Ratio Chart

Globe Union Industrial 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 0.90 0.88 0.97 0.83 0.96

Globe Union Industrial Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.83 0.84 0.79 0.80 0.96

TPE:9934 vs TT, JCI, CARR: Quick Ratio Comparison

For the Building Products & Equipment subindustry, Globe Union Industrial'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.


Globe Union Industrial Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Globe Union Industrial's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Globe Union Industrial's Quick Ratio falls into.


TPE:9934
75GF Score
Globe Union Industrial Corp TPE:9934
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Union Industrial 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.

Globe Union Industrial'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
=(9882.249-3810.698)/6304.706
=0.96

Globe Union Industrial'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
=(9882.249-3810.698)/6304.706
=0.96

* 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 0.96 mean?
Globe Union Industrial (TPE:9934) has a Quick Ratio of 0.96 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Globe Union Industrial and its competitors. This is 10% below median its historical median of 1.07. Over the past decade, Globe Union Industrial's Quick Ratio has ranged from 0.83 to 1.27. According to the industry distribution chart, Globe Union Industrial ranks #1305 out of 1781 companies in the Construction industry, placing it in the top 73.3%.
Is Globe Union Industrial's Quick Ratio too high?
Globe Union Industrial's current Quick Ratio of 0.96 is 10% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.27. The Construction industry median Quick Ratio is 1.28. Globe Union Industrial's value of 0.96 is 25% below this industry median. Based on the distribution chart, Globe Union Industrial ranks #1305 out of 1781 companies in the Construction industry, which is below the industry midpoint. Overall, Globe Union Industrial has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's Quick Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Globe Union Industrial ranks #1305 out of 1781 companies for Quick Ratio. This places Globe Union Industrial in the lower half of its industry. The industry median Quick Ratio is 1.28. Globe Union Industrial's value of 0.96 is 25% below this benchmark. Historically, Globe Union Industrial's own Quick Ratio has ranged from 0.83 to 1.27 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.28, Globe Union Industrial 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 Construction company?
The median Quick Ratio among Construction companies is 1.28, based on 1,781 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. Globe Union Industrial's current Quick Ratio of 0.96 is 25% 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 Globe Union Industrial and its competitors. For the Construction industry, the median Quick Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Union Industrial's current Quick Ratio is 0.96, which is 10% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$11.70, compared to a current price of NT$9.86 — trading 15.7% below its estimated fair value. The current Quick Ratio is 0.96, which is 10% below median its 10-year median of 1.07 and 25% below the Construction industry median of 1.28. Globe Union Industrial's overall GF Score™ is 75/100 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 Globe Union Industrial (TPE:9934), the current Quick Ratio is 0.96 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued. The current stock price of NT$9.86 is trading 15.7% below its estimated GF Value™ of NT$11.70. GuruFocus considers Globe Union Industrial to be Modestly Undervalued.

Key valuation signals for TPE:9934:

  • Quick Ratio: 0.96 (10% below median its 10-year median of 1.07)
  • GF Value™: NT$11.70 vs. price of NT$9.86 (15.7% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 25% below the Construction median (#1305 of 1781)

No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Union Industrial Business Description

Address No.22, Chien-Kuo Road, Tanzi District, Taichung, TWN
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
75GF Score

Get the complete analysis for TPE:9934

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

NT$9.86
Price
NT$11.70
GF Value