Project Holdings (TSE:9246) Quick Ratio: 1.95 (As of Dec. 2025) — 35% Below Median


TSE:9246 Project Holdings Inc TSE:9246
76 GF Score
Price 円1,010.00
GF Value 円1,653.46
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Project Holdings Quick Ratio?

Project Holdings TSE:9246 -2.79% 76 Quick Ratio is 1.95 as of Dec. 2025, which is 35% below its 10-year median of 2.98. GuruFocus rates TSE:9246 with a GF Score™ of 76/100 and a GF Value™ of 円1,653.46 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,091 Business Services companies, Project Holdings ranks better than 60.86% 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. Project Holdings's quick ratio for the quarter that ended in Dec. 2025 was 1.95.

Project Holdings has a quick ratio of 1.95. It generally indicates good short-term financial strength.

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

TSE:9246' s Quick Ratio Range Over the Past 10 Years
Min: 1.95   Med: 2.98   Max: 5.35
Current: 2.02

During the past 7 years, Project Holdings's highest Quick Ratio was 5.35. The lowest was 1.95. And the median was 2.98.

TSE:9246's Quick Ratio is ranked better than
60.86% of 1091 companies
in the Business Services industry
Industry Median: 1.67 vs TSE:9246: 2.02

Project Holdings  (TSE:9246) 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.


Project Holdings Quick Ratio Related Terms


Project Holdings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Project Holdings'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.

Project Holdings Quick Ratio Chart

Project Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 5.35 3.00 2.98 2.46 1.95

Project Holdings Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
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 2.46 2.52 2.39 1.95 2.02

TSE:9246 vs VRSK, EFX, BAH: Quick Ratio Comparison

For the Consulting Services subindustry, Project Holdings'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.


Project Holdings Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Project Holdings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Project Holdings's Quick Ratio falls into.


TSE:9246
76GF Score
Project Holdings Inc TSE:9246
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Project Holdings 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.

Project Holdings'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
=(2914.408-0)/1495.62
=1.95

Project Holdings'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
=(2914.408-0)/1495.62
=1.95

* 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 1.95 mean?
Project Holdings (TSE:9246) has a Quick Ratio of 1.95 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Project Holdings and its competitors. This is 35% below median its historical median of 2.98. Over the past decade, Project Holdings' Quick Ratio has ranged from 1.95 to 5.35. According to the industry distribution chart, Project Holdings ranks #427 out of 1091 companies in the Business Services industry, placing it in the top 39.1%.
Is Project Holdings' Quick Ratio too high?
Project Holdings' current Quick Ratio of 1.95 is 35% below median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 5.35. The Business Services industry median Quick Ratio is 1.67. Project Holdings' value of 1.95 is 16.8% above this industry median. Based on the distribution chart, Project Holdings ranks #427 out of 1091 companies in the Business Services industry, which is above the industry midpoint. Overall, Project Holdings has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Project Holdings' Quick Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, Project Holdings ranks #427 out of 1091 companies for Quick Ratio. This puts Project Holdings in the upper half of its industry. The industry median Quick Ratio is 1.67. Project Holdings' value of 1.95 is 16.8% above this benchmark. Historically, Project Holdings' own Quick Ratio has ranged from 1.95 to 5.35 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 1.67, Project Holdings 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,091 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. Project Holdings's current Quick Ratio of 1.95 is 16.8% 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 Project Holdings and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Project Holdings's current Quick Ratio is 1.95, which is 35% below median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Holdings stock overvalued right now?
Based on GuruFocus' analysis, Project Holdings (TSE:9246) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,653.46, compared to a current price of 円1,010.00 — trading 38.9% below its estimated fair value. The current Quick Ratio is 1.95, which is 35% below median its 10-year median of 2.98 and 16.8% above the Business Services industry median of 1.67. Project Holdings' overall GF Score™ is 76/100 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 Project Holdings (TSE:9246), the current Quick Ratio is 1.95 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 Project Holdings (TSE:9246) Overvalued in 2026?

Based on GuruFocus' analysis, Project Holdings stock appears to be undervalued. The current stock price of 円1,010.00 is trading 38.9% below its estimated GF Value™ of 円1,653.46. GuruFocus considers Project Holdings to be Significantly Undervalued.

Key valuation signals for TSE:9246:

  • Quick Ratio: 1.95 (35% below median its 10-year median of 2.98)
  • GF Value™: 円1,653.46 vs. price of 円1,010.00 (38.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 16.8% above the Business Services median (#427 of 1091)

No single metric tells the full story. See the TSE:9246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Project Holdings Business Description

Address 1-3-1 Azabudai, 24th Floor, Azabudai Hills Mori JP Tower, Minato-ku, Tokyo, JPN, 106-0041
Project Holdings Inc is engaged in providing consulting services for new business development and the reform of existing businesses through the use of digital technologies. The company plans digital marketing strategies and improves the UI/UX of smartphone applications. Its services include business solutions, marketing solutions, and UI/UX solutions.
76GF Score

Get the complete analysis for TSE:9246

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

円1,010.00
Price
円1,653.46
GF Value