Mega First BhdXKLS:3069 +1.04%77 Quick Ratio is 0.99 as of Mar. 2026, which is 28% below its 10-year median of 1.37. GuruFocus rates XKLS:3069 with a GF Score™ of 77/100 and a GF Value™ of RM3.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 507 Utilities - Regulated companies, Mega First Bhd ranks worse than 51.28% 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. Mega First Bhd's quick ratio for the quarter that ended in Mar. 2026 was 0.99.
Mega First Bhd has a quick ratio of 0.99. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Mega First Bhd's Quick Ratio or its related term are showing as below:
XKLS:3069'
s Quick Ratio Range Over the Past 10 Years
Min: 0.16 Med: 1.37 Max: 2.88
Current: 0.99
During the past 13 years, Mega First Bhd's highest Quick Ratio was 2.88. The lowest was 0.16. And the median was 1.37.
XKLS:3069's Quick Ratio is ranked worse than 51.28% of 507
companies
in the Utilities - Regulated industry
Industry Median: 1.01
vs XKLS:3069: 0.99
Mega First Bhd (XKLS:3069) 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.
Mega First Bhd Quick Ratio Related Terms
Mega First Bhd Quick Ratio Historical Data
* Premium members only.
The historical data trend for Mega First Bhd'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.
For the Utilities - Regulated Electric subindustry, Mega First Bhd'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.
Mega First Bhd Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Mega First Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mega First Bhd'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.
Mega First Bhd'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.
Mega First Bhd (XKLS:3069) has a Quick Ratio of 0.99 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mega First Bhd and its competitors. This is 28% below median its historical median of 1.37. Over the past decade, Mega First Bhd's Quick Ratio has ranged from 0.16 to 2.88. According to the industry distribution chart, Mega First Bhd ranks #260 out of 507 companies in the Utilities - Regulated industry, placing it in the top 51.3%.
Is Mega First Bhd's Quick Ratio too high?
Mega First Bhd's current Quick Ratio of 0.99 is 28% below median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.88. The Utilities - Regulated industry median Quick Ratio is 1.01. Mega First Bhd's value of 0.99 is 2% below this industry median. Based on the distribution chart, Mega First Bhd ranks #260 out of 507 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Mega First Bhd has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mega First Bhd's Quick Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Mega First Bhd ranks #260 out of 507 companies for Quick Ratio. This places Mega First Bhd in the lower half of its industry. The industry median Quick Ratio is 1.01. Mega First Bhd's value of 0.99 is 2% below this benchmark. Historically, Mega First Bhd's own Quick Ratio has ranged from 0.16 to 2.88 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.01, Mega First Bhd 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 an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 507 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. Mega First Bhd's current Quick Ratio of 0.99 is 2% 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 Mega First Bhd and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega First Bhd's current Quick Ratio is 0.99, which is 28% below median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega First Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mega First Bhd (XKLS:3069) is currently considered Fairly Valued. The stock's GF Value™ is RM3.19, compared to a current price of RM2.92 — trading 8.5% below its estimated fair value. The current Quick Ratio is 0.99, which is 28% below median its 10-year median of 1.37 and 2% below the Utilities - Regulated industry median of 1.01. Mega First Bhd's overall GF Score™ is 77/100 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 Mega First Bhd (XKLS:3069), the current Quick Ratio is 0.99 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 Mega First Bhd (XKLS:3069) Overvalued in 2026?
Based on GuruFocus' analysis, Mega First Bhd stock appears to be undervalued.
The current stock price of RM2.92 is trading 8.5% below its estimated GF Value™ of RM3.19.
GuruFocus considers Mega First Bhd to be Fairly Valued.
Key valuation signals for XKLS:3069:
Quick Ratio: 0.99 (28% below median its 10-year median of 1.37)
GF Value™: RM3.19 vs. price of RM2.92 (8.5% below fair value)
Industry Position: 2% below the Utilities - Regulated median (#260 of 507)
No single metric tells the full story. See the XKLS:3069 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mega First Corp Bhd is an investment holding company. The group is organized into three main business segments as follows - Renewable Energy, Resources, Packaging, and Investment Renewable Holding and Others. The Renewable Energy segment builds, owns, and operates renewable power plants. The Resources segment is engaged in the quarrying of limestone, manufacturing and trading of lime products, and calcium carbonate powder. The Packaging segment is engaged in the Manufacturing and distribution of flexible packaging materials and products, paper bags, labels and stickers. The majority of its revenue is derived from the Renewable Energy segment. Geographically, the company derives majority of its revenue from the Lao PDR.
77GF Score
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