Budweiser Brewing Co APACBDWBY -0.12%73 Altman Z-Score is 2.54 as of Jun. 29, 2026, which is 45% below its 10-year median of 4.66. GuruFocus rates BDWBY with a GF Score™ of 73/100 and a GF Value™ of $4.69 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 208 Beverages - Alcoholic companies, Budweiser Brewing Co APAC ranks worse than 55.29% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 2.55 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Budweiser Brewing Co APAC has a Altman Z-Score of 2.54, indicating it is in Grey Zones. This implies that Budweiser Brewing Co APAC is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Budweiser Brewing Co APAC's Altman Z-Score or its related term are showing as below:
BDWBY'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.55 Med: 4.66 Max: 5.85
Current: 2.55
During the past 9 years, Budweiser Brewing Co APAC's highest Altman Z-Score was 5.85. The lowest was 2.55. And the median was 4.66.
Budweiser Brewing Co APAC (OTCPK:BDWBY) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's 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.
For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.
Budweiser Brewing Co APAC Altman Z-Score vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Budweiser Brewing Co APAC's Altman Z-Score falls into.
Budweiser Brewing Co APAC Altman Z-Score Calculation
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Budweiser Brewing Co APAC (BDWBY) has a Altman Z-Score of 2.54 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Budweiser Brewing Co APAC and its competitors. This is 45% below median its historical median of 4.66. Over the past decade, Budweiser Brewing Co APAC's Altman Z-Score has ranged from 2.55 to 5.85. According to the industry distribution chart, Budweiser Brewing Co APAC ranks #115 out of 208 companies in the Beverages - Alcoholic industry, placing it in the top 55.3%.
Is Budweiser Brewing Co APAC's Altman Z-Score too high?
Budweiser Brewing Co APAC's current Altman Z-Score of 2.54 is 45% below median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 5.85. The Beverages - Alcoholic industry median Altman Z-Score is 2.77. Budweiser Brewing Co APAC's value of 2.54 is 8.3% below this industry median. Based on the distribution chart, Budweiser Brewing Co APAC ranks #115 out of 208 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Budweiser Brewing Co APAC has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budweiser Brewing Co APAC's Altman Z-Score compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Budweiser Brewing Co APAC ranks #115 out of 208 companies for Altman Z-Score. This places Budweiser Brewing Co APAC in the lower half of its industry. The industry median Altman Z-Score is 2.77. Budweiser Brewing Co APAC's value of 2.54 is 8.3% below this benchmark. Historically, Budweiser Brewing Co APAC's own Altman Z-Score has ranged from 2.55 to 5.85 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 2.77, Budweiser Brewing Co APAC 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 Altman Z-Score for a Beverages - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.77, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Budweiser Brewing Co APAC's current Altman Z-Score of 2.54 is 8.3% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Budweiser Brewing Co APAC and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budweiser Brewing Co APAC's current Altman Z-Score is 2.54, which is 45% below median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budweiser Brewing Co APAC stock overvalued right now?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC (BDWBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.69, compared to a current price of $3.33 — trading 29% below its estimated fair value. The current Altman Z-Score is 2.54, which is 45% below median its 10-year median of 4.66 and 8.3% below the Beverages - Alcoholic industry median of 2.77. Budweiser Brewing Co APAC's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Budweiser Brewing Co APAC (BDWBY), the current Altman Z-Score is 2.54 as of Jun. 29, 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 Budweiser Brewing Co APAC (BDWBY) Overvalued in 2026?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC stock appears to be undervalued.
The current stock price of $3.33 is trading 29% below its estimated GF Value™ of $4.69.
GuruFocus considers Budweiser Brewing Co APAC to be Modestly Undervalued.
Key valuation signals for BDWBY:
Altman Z-Score: 2.54 (45% below median its 10-year median of 4.66)
GF Value™: $4.69 vs. price of $3.33 (29% below fair value)
Industry Position: 8.3% below the Beverages - Alcoholic median (#115 of 208)
No single metric tells the full story. See the BDWBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Budweiser APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent Anheuser-Busch InBev owns close to 90% of the company's equity. Budweiser APAC's largest markets are China (roughly 75% of 2024 revenue), South Korea (20%), and India. The remaining comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.
73GF Score
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