Photon Energy NV (WAR:PEN) Quick Ratio: 0.91 (As of Mar. 2026) — 39% Below Median


WAR:PEN Photon Energy NV WAR:PEN
53 GF Score
Price zł1.26
GF Value zł6.63
Valuation Possible Value Trap
! 6 Warning Signs
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What is Photon Energy NV Quick Ratio?

Photon Energy NV WAR:PEN -3.08% 53 Quick Ratio is 0.91 as of Mar. 2026, which is 39% below its 10-year median of 1.49. GuruFocus rates WAR:PEN with a GF Score™ of 53/100 and a GF Value™ of zł6.63 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,028 Semiconductors companies, Photon Energy NV ranks worse than 79.38% 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. Photon Energy NV's quick ratio for the quarter that ended in Mar. 2026 was 0.91.

Photon Energy NV has a quick ratio of 0.91. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Photon Energy NV's Quick Ratio or its related term are showing as below:

WAR:PEN' s Quick Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.49   Max: 3.55
Current: 0.91

During the past 13 years, Photon Energy NV's highest Quick Ratio was 3.55. The lowest was 0.50. And the median was 1.49.

WAR:PEN's Quick Ratio is ranked worse than
79.38% of 1028 companies
in the Semiconductors industry
Industry Median: 1.85 vs WAR:PEN: 0.91

Photon Energy NV  (WAR:PEN) 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.


Photon Energy NV Quick Ratio Related Terms


Photon Energy NV Quick Ratio Historical Data

* Premium members only.

The historical data trend for Photon Energy NV'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.

Photon Energy NV Quick Ratio Chart

Photon Energy NV 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 1.53 1.32 1.30 1.09 0.88

Photon Energy NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 1.27 1.07 1.06 0.88 0.91

WAR:PEN vs FSLR, NXT, ENPH: Quick Ratio Comparison

For the Solar subindustry, Photon Energy NV'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.


Photon Energy NV Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Photon Energy NV's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Photon Energy NV's Quick Ratio falls into.


WAR:PEN
53GF Score
Photon Energy NV WAR:PEN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Photon Energy NV 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.

Photon Energy NV'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
=(202.732-18.476)/210.37
=0.88

Photon Energy NV's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(184.687-14.512)/187.401
=0.91

* 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 0.91 mean?
Photon Energy NV (WAR:PEN) has a Quick Ratio of 0.91 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Photon Energy NV and its competitors. This is 39% below median its historical median of 1.49. Over the past decade, Photon Energy NV's Quick Ratio has ranged from 0.50 to 3.55. According to the industry distribution chart, Photon Energy NV ranks #816 out of 1028 companies in the Semiconductors industry, placing it in the top 79.4%.
Is Photon Energy NV's Quick Ratio too high?
Photon Energy NV's current Quick Ratio of 0.91 is 39% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 3.55. The Semiconductors industry median Quick Ratio is 1.85. Photon Energy NV's value of 0.91 is 50.8% below this industry median. Based on the distribution chart, Photon Energy NV ranks #816 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Photon Energy NV has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Photon Energy NV's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Photon Energy NV ranks #816 out of 1028 companies for Quick Ratio. This places Photon Energy NV in the lower half of its industry. The industry median Quick Ratio is 1.85. Photon Energy NV's value of 0.91 is 50.8% below this benchmark. Historically, Photon Energy NV's own Quick Ratio has ranged from 0.50 to 3.55 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.85, Photon Energy NV 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 1,028 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. Photon Energy NV's current Quick Ratio of 0.91 is 50.8% 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 Photon Energy NV 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. Photon Energy NV's current Quick Ratio is 0.91, which is 39% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Photon Energy NV stock overvalued right now?
Based on GuruFocus' analysis, Photon Energy NV (WAR:PEN) is currently considered Possible Value Trap. The stock's GF Value™ is zł6.63, compared to a current price of zł1.26 — trading 81% below its estimated fair value. The current Quick Ratio is 0.91, which is 39% below median its 10-year median of 1.49 and 50.8% below the Semiconductors industry median of 1.85. Photon Energy NV's overall GF Score™ is 53/100 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 Photon Energy NV (WAR:PEN), the current Quick Ratio is 0.91 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 Photon Energy NV (WAR:PEN) Overvalued in 2026?

Based on GuruFocus' analysis, Photon Energy NV stock appears to be undervalued. The current stock price of zł1.26 is trading 81% below its estimated GF Value™ of zł6.63. GuruFocus considers Photon Energy NV to be Possible Value Trap.

Key valuation signals for WAR:PEN:

  • Quick Ratio: 0.91 (39% below median its 10-year median of 1.49)
  • GF Value™: zł6.63 vs. price of zł1.26 (81% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 50.8% below the Semiconductors median (#816 of 1028)

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


Photon Energy NV Business Description

Address Barbara Strozzilaan 201, Amsterdam, NLD, 1083HN
Photon Energy NV is an investment holding company. It engages in the provision of solar power solutions and services. The company covers the entire life cycle of solar power systems. It operates through the following business segments: Engineering, Technology, Investment, Operations and Maintenance, New Energy, and Others. It generates the majority of its revenue from the New Energy segment. It has operations in the Czech Republic, Hungary, Poland, Australia, Romania, the Slovak Republic, and Germany. The firm generates the majority of revenue from the Czech Republic.
53GF Score

Get the complete analysis for WAR:PEN

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

zł1.26
Price
zł6.63
GF Value