New Hoong Fatt Holdings BhdXKLS:7060 68 Quick Ratio is 25.51 as of Mar. 2026, which is 1294% above its 10-year median of 1.83. GuruFocus rates XKLS:7060 with a GF Score™ of 68/100 and a GF Value™ of RM1.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,337 Vehicles & Parts companies, New Hoong Fatt Holdings Bhd ranks better than 99.85% on this metric.
New Hoong Fatt Holdings Bhd has a quick ratio of 25.51. It generally indicates good short-term financial strength.
The historical rank and industry rank for New Hoong Fatt Holdings Bhd's Quick Ratio or its related term are showing as below:
XKLS:7060'
s Quick Ratio Range Over the Past 10 Years
Min: 1.08 Med: 1.83 Max: 25.51
Current: 25.51
During the past 13 years, New Hoong Fatt Holdings Bhd's highest Quick Ratio was 25.51. The lowest was 1.08. And the median was 1.83.
XKLS:7060's Quick Ratio is ranked better than 99.85% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.05
vs XKLS:7060: 25.51
New Hoong Fatt Holdings Bhd (XKLS:7060) 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.
New Hoong Fatt Holdings Bhd Quick Ratio Related Terms
New Hoong Fatt Holdings Bhd 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, New Hoong Fatt Holdings 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.
New Hoong Fatt Holdings Bhd Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, New Hoong Fatt Holdings Bhd's Quick Ratio distribution charts can be found below:
* The bar in red indicates where New Hoong Fatt Holdings Bhd's Quick Ratio falls into.
New Hoong Fatt Holdings Bhd 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.
* 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.
New Hoong Fatt Holdings Bhd (XKLS:7060) has a Quick Ratio of 25.51 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Hoong Fatt Holdings Bhd and its competitors. This is 1294% above median its historical median of 1.83. Over the past decade, New Hoong Fatt Holdings Bhd's Quick Ratio has ranged from 1.08 to 25.51. According to the industry distribution chart, New Hoong Fatt Holdings Bhd ranks #2 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 0.099999999999994%.
Is New Hoong Fatt Holdings Bhd's Quick Ratio too high?
New Hoong Fatt Holdings Bhd's current Quick Ratio of 25.51 is 1294% above median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 25.51. The Vehicles & Parts industry median Quick Ratio is 1.05. New Hoong Fatt Holdings Bhd's value of 25.51 is 2329.5% above this industry median. Based on the distribution chart, New Hoong Fatt Holdings Bhd ranks #2 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, New Hoong Fatt Holdings Bhd has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Hoong Fatt Holdings Bhd's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, New Hoong Fatt Holdings Bhd ranks #2 out of 1337 companies for Quick Ratio. This places New Hoong Fatt Holdings Bhd in the top 0% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.05. New Hoong Fatt Holdings Bhd's value of 25.51 is 2329.5% above this benchmark. Historically, New Hoong Fatt Holdings Bhd's own Quick Ratio has ranged from 1.08 to 25.51 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.05, New Hoong Fatt Holdings Bhd 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 1.05, based on 1,337 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. New Hoong Fatt Holdings Bhd's current Quick Ratio of 25.51 is 2329.5% 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 New Hoong Fatt Holdings Bhd and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hoong Fatt Holdings Bhd's current Quick Ratio is 25.51, which is 1294% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hoong Fatt Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, New Hoong Fatt Holdings Bhd (XKLS:7060) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.56, compared to a current price of RM1.30 — trading 16.7% below its estimated fair value. The current Quick Ratio is 25.51, which is 1294% above median its 10-year median of 1.83 and 2329.5% above the Vehicles & Parts industry median of 1.05. New Hoong Fatt Holdings Bhd's overall GF Score™ is 68/100 with 4 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 New Hoong Fatt Holdings Bhd (XKLS:7060), the current Quick Ratio is 25.51 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 New Hoong Fatt Holdings Bhd (XKLS:7060) Overvalued in 2026?
Based on GuruFocus' analysis, New Hoong Fatt Holdings Bhd stock appears to be undervalued.
The current stock price of RM1.30 is trading 16.7% below its estimated GF Value™ of RM1.56.
GuruFocus considers New Hoong Fatt Holdings Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:7060:
Quick Ratio: 25.51 (1294% above median its 10-year median of 1.83)
GF Value™: RM1.56 vs. price of RM1.30 (16.7% below fair value)
Industry Position: 2329.5% above the Vehicles & Parts median (#2 of 1337)
No single metric tells the full story. See the XKLS:7060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hoong Fatt Holdings Bhd is an investment holding company based in Malaysia that provides automotive parts solutions through its subsidiaries. Its products are classified under different categories such as Metal Automotive parts which include door, hood, tailgate, fender, trunk lid, and bonnet; Plastic Automotive parts such as the bumper, grille, lamp, lamp accessories, door handle, and door mirror; and Automotive Accessories such as oil filter, spark plug, brake pad, air filter, ignition switch, fan motor, and others. The company's geographical segments include Malaysia; ASEAN; and Non-ASEAN. It derives the majority of the revenue from Malaysia.
68GF Score
Get the complete analysis for XKLS:7060
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:7060 has been successfully added to your 
