Bursa De Valori BucurestiBSE:BVB +8.10%100 Altman Z-Score is 5.49 as of Jun. 28, 2026, which is 77% above its 10-year median of 3.10. GuruFocus rates BSE:BVB with a GF Score™ of 100/100 and a GF Value™ of lei48.58 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 661 Capital Markets companies, Bursa De Valori Bucuresti ranks better than 67.93% 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.
Good Sign:
Altman Z-score of 5.49 is strong.
Bursa De Valori Bucuresti has a Altman Z-Score of 5.49, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
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 Bursa De Valori Bucuresti's Altman Z-Score or its related term are showing as below:
BSE:BVB'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.48 Med: 3.1 Max: 6.6
Current: 5.49
During the past 13 years, Bursa De Valori Bucuresti's highest Altman Z-Score was 6.60. The lowest was 1.48. And the median was 3.10.
Bursa De Valori Bucuresti (BSE:BVB) 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.
BSE:BVB vs SPGI, CME, ICE: Altman Z-Score Comparison
For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.
Bursa De Valori Bucuresti Altman Z-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Bursa De Valori Bucuresti's Altman Z-Score falls into.
Bursa De Valori Bucuresti 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.
Bursa De Valori Bucuresti (BSE:BVB) has a Altman Z-Score of 5.49 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bursa De Valori Bucuresti and its competitors. This is 77% above median its historical median of 3.10. Over the past decade, Bursa De Valori Bucuresti's Altman Z-Score has ranged from 1.48 to 6.60. According to the industry distribution chart, Bursa De Valori Bucuresti ranks #212 out of 661 companies in the Capital Markets industry, placing it in the top 32.1%.
Is Bursa De Valori Bucuresti's Altman Z-Score too high?
Bursa De Valori Bucuresti's current Altman Z-Score of 5.49 is 77% above median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 6.60. The Capital Markets industry median Altman Z-Score is 2.55. Bursa De Valori Bucuresti's value of 5.49 is 115.3% above this industry median. Based on the distribution chart, Bursa De Valori Bucuresti ranks #212 out of 661 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Bursa De Valori Bucuresti has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa De Valori Bucuresti's Altman Z-Score compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bursa De Valori Bucuresti ranks #212 out of 661 companies for Altman Z-Score. This puts Bursa De Valori Bucuresti in the upper half of its industry. The industry median Altman Z-Score is 2.55. Bursa De Valori Bucuresti's value of 5.49 is 115.3% above this benchmark. Historically, Bursa De Valori Bucuresti's own Altman Z-Score has ranged from 1.48 to 6.60 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 2.55, Bursa De Valori Bucuresti 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 Altman Z-Score for a Capital Markets company?
The median Altman Z-Score among Capital Markets companies is 2.55, based on 661 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. Bursa De Valori Bucuresti's current Altman Z-Score of 5.49 is 115.3% 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 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 Bursa De Valori Bucuresti and its competitors. For the Capital Markets industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bursa De Valori Bucuresti's current Altman Z-Score is 5.49, which is 77% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa De Valori Bucuresti stock overvalued right now?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti (BSE:BVB) is currently considered Modestly Overvalued. The stock's GF Value™ is lei48.58, compared to a current price of lei57.00 — trading 17.3% above its estimated fair value. The current Altman Z-Score is 5.49, which is 77% above median its 10-year median of 3.10 and 115.3% above the Capital Markets industry median of 2.55. Bursa De Valori Bucuresti's overall GF Score™ is 100/100 with 4 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 Bursa De Valori Bucuresti (BSE:BVB), the current Altman Z-Score is 5.49 as of Jun. 28, 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 Bursa De Valori Bucuresti (BSE:BVB) Overvalued in 2026?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti stock appears to be overvalued.
The current stock price of lei57.00 is trading 17.3% above its estimated GF Value™ of lei48.58.
GuruFocus considers Bursa De Valori Bucuresti to be Modestly Overvalued.
Key valuation signals for BSE:BVB:
Altman Z-Score: 5.49 (77% above median its 10-year median of 3.10)
GF Value™: lei48.58 vs. price of lei57.00 (17.3% above fair value)
Industry Position: 115.3% above the Capital Markets median (#212 of 661)
No single metric tells the full story. See the BSE:BVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bursa De Valori Bucuresti SA is engaged in the management and operation of financial markets. The company operates through four business segments, including Capital Markets, Post-trading Services, Registry Services, and CCP.RO Services. The Capital Markets segment involves trading in securities and financial instruments on regulated markets. Post-trading Services include services provided after the completion of transactions until funds are received and securities are transferred to portfolios. Registry Services involve maintaining and updating shareholder registers for listed companies. CCP.RO Services relate to the implementation and operation of central counterparty activities. The majority of the company's revenue is generated from Capital Markets trading services.
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