Applied EnergeticsAERG -6.02%26 Quick Ratio is 4.96 as of Mar. 2026, which is 331% above its 10-year median of 1.15. GuruFocus rates AERG with a GF Score™ of 26/100 and a GF Value™ of $0.33 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,492 Hardware companies, Applied Energetics ranks better than 89.81% on this metric.
Applied Energetics has a quick ratio of 4.96. It generally indicates good short-term financial strength.
The historical rank and industry rank for Applied Energetics's Quick Ratio or its related term are showing as below:
AERG'
s Quick Ratio Range Over the Past 10 Years
Min: 0.02 Med: 1.15 Max: 8.65
Current: 4.96
During the past 13 years, Applied Energetics's highest Quick Ratio was 8.65. The lowest was 0.02. And the median was 1.15.
AERG's Quick Ratio is ranked better than 89.81% of 2492
companies
in the Hardware industry
Industry Median: 1.46
vs AERG: 4.96
Applied Energetics (OTCPK:AERG) 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.
Applied Energetics Quick Ratio Related Terms
Applied Energetics Quick Ratio Historical Data
* Premium members only.
The historical data trend for Applied Energetics'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 Scientific & Technical Instruments subindustry, Applied Energetics'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.
Applied Energetics Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Applied Energetics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Applied Energetics'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.
Applied Energetics'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.
Applied Energetics (AERG) has a Quick Ratio of 4.96 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Applied Energetics and its competitors. This is 331% above median its historical median of 1.15. Over the past decade, Applied Energetics' Quick Ratio has ranged from 0.02 to 8.65. According to the industry distribution chart, Applied Energetics ranks #254 out of 2492 companies in the Hardware industry, placing it in the top 10.2%.
Is Applied Energetics' Quick Ratio too high?
Applied Energetics' current Quick Ratio of 4.96 is 331% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 8.65. The Hardware industry median Quick Ratio is 1.46. Applied Energetics' value of 4.96 is 239.7% above this industry median. Based on the distribution chart, Applied Energetics ranks #254 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Energetics has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Energetics' Quick Ratio compare to MVIS and ARBE?
According to the Hardware industry distribution chart, Applied Energetics ranks #254 out of 2492 companies for Quick Ratio. This places Applied Energetics in the top 10% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.46. Applied Energetics' value of 4.96 is 239.7% above this benchmark. Historically, Applied Energetics' own Quick Ratio has ranged from 0.02 to 8.65 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.46, Applied Energetics 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,492 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. Applied Energetics's current Quick Ratio of 4.96 is 239.7% 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 Applied Energetics and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Energetics's current Quick Ratio is 4.96, which is 331% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Energetics stock overvalued right now?
Based on GuruFocus' analysis, Applied Energetics (AERG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $1.25 — trading 278.8% above its estimated fair value. The current Quick Ratio is 4.96, which is 331% above median its 10-year median of 1.15 and 239.7% above the Hardware industry median of 1.46. Applied Energetics' overall GF Score™ is 26/100 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 Applied Energetics (AERG), the current Quick Ratio is 4.96 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 Applied Energetics (AERG) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Energetics stock appears to be overvalued.
The current stock price of $1.25 is trading 278.8% above its estimated GF Value™ of $0.33.
GuruFocus considers Applied Energetics to be Significantly Overvalued.
Key valuation signals for AERG:
Quick Ratio: 4.96 (331% above median its 10-year median of 1.15)
GF Value™: $0.33 vs. price of $1.25 (278.8% above fair value)
Industry Position: 239.7% above the Hardware median (#254 of 2492)
No single metric tells the full story. See the AERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Energetics Inc specializes in laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. Its powerful, dual-use systems are designed for integration and deployment on numerous potential defense platforms for the delivery of high-intensity, ultrashort pulses of light to disable or destroy a target or disrupt a mission. These technologies have applications in both national security and commercial markets. The company operates as one operating segment with a focus on the development and manufacture of high-performance lasers and optical systems, and integrated guided energy systems, for prospective defense, national security, industrial, biomedical, and scientific customers across the world.
26GF Score
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