4iG Nyrt (BUD:4IG) Altman Z-Score: 0.82 (As of Jun. 30, 2026) — 63% Below Median


BUD:4IG 4iG Nyrt BUD:4IG
64 GF Score
Price Ft1,811.00
GF Value Ft1,575.10
Valuation Modestly Overvalued
! 5 Warning Signs
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What is 4iG Nyrt Altman Z-Score?

4iG Nyrt BUD:4IG -0.60% 64 Altman Z-Score is 0.82 as of Jun. 30, 2026, which is 63% below its 10-year median of 2.23. GuruFocus rates BUD:4IG with a GF Score™ of 64/100 and a GF Value™ of Ft1,575.10 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 364 Telecommunication Services companies, 4iG Nyrt ranks worse than 77.47% 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 0.82 is in distress zone. This implies bankruptcy possibility in the next two years.

4iG Nyrt has a Altman Z-Score of 0.82, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 4iG Nyrt's Altman Z-Score or its related term are showing as below:

BUD:4IG' s Altman Z-Score Range Over the Past 10 Years
Min: 0.42   Med: 2.23   Max: 8.82
Current: 0.82

During the past 13 years, 4iG Nyrt's highest Altman Z-Score was 8.82. The lowest was 0.42. And the median was 2.23.


4iG Nyrt  (BUD:4IG) 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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


4iG Nyrt Altman Z-Score Related Terms


4iG Nyrt Altman Z-Score Historical Data

* Premium members only.

The historical data trend for 4iG Nyrt's Altman Z-Score 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.

4iG Nyrt Altman Z-Score Chart

4iG Nyrt Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.82 0.65 0.56 1.21

4iG Nyrt Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.75 0.91 1.21 0.91

BUD:4IG vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, 4iG Nyrt'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.


4iG Nyrt Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, 4iG Nyrt's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where 4iG Nyrt's Altman Z-Score falls into.


BUD:4IG
64GF Score
4iG Nyrt BUD:4IG
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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4iG Nyrt 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.

4iG Nyrt's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.0352+1.4*-0.0103+3.3*0.0541+0.6*0.3512+1.0*0.3997
=0.82

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was Ft1,943,709 Mil.
Total Current Assets was Ft407,925 Mil.
Total Current Liabilities was Ft339,542 Mil.
Retained Earnings was Ft-19,947 Mil.
Pre-Tax Income was 4057 + 26751 + 11450 + -79 = Ft42,179 Mil.
Interest Expense was -22632 + -7415 + -17859 + -15124 = Ft-63,030 Mil.
Revenue was 202982 + 207212 + 187258 + 179367 = Ft776,819 Mil.
Market Cap (Today) was Ft524,696 Mil.
Total Liabilities was Ft1,494,007 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(407925 - 339542)/1943709
=0.0352

X2=Retained Earnings/Total Assets
=-19947/1943709
=-0.0103

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(42179 - -63030)/1943709
=0.0541

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=524696.292/1494007
=0.3512

X5=Revenue/Total Assets
=776819/1943709
=0.3997

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

4iG Nyrt has a Altman Z-Score of 0.82 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 0.82 mean?
4iG Nyrt (BUD:4IG) has a Altman Z-Score of 0.82 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on 4iG Nyrt and its competitors. This is 63% below median its historical median of 2.23. Over the past decade, 4iG Nyrt's Altman Z-Score has ranged from 0.42 to 8.82. According to the industry distribution chart, 4iG Nyrt ranks #282 out of 364 companies in the Telecommunication Services industry, placing it in the top 77.5%.
Is 4iG Nyrt's Altman Z-Score too high?
4iG Nyrt's current Altman Z-Score of 0.82 is 63% below median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 8.82. The Telecommunication Services industry median Altman Z-Score is 1.72. 4iG Nyrt's value of 0.82 is 52.2% below this industry median. Based on the distribution chart, 4iG Nyrt ranks #282 out of 364 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, 4iG Nyrt has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 4iG Nyrt's Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, 4iG Nyrt ranks #282 out of 364 companies for Altman Z-Score. This places 4iG Nyrt in the lower half of its industry. The industry median Altman Z-Score is 1.72. 4iG Nyrt's value of 0.82 is 52.2% below this benchmark. Historically, 4iG Nyrt's own Altman Z-Score has ranged from 0.42 to 8.82 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.72, 4iG Nyrt 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 Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 364 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. 4iG Nyrt's current Altman Z-Score of 0.82 is 52.2% 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 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 4iG Nyrt and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 4iG Nyrt's current Altman Z-Score is 0.82, which is 63% below median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 4iG Nyrt stock overvalued right now?
Based on GuruFocus' analysis, 4iG Nyrt (BUD:4IG) is currently considered Modestly Overvalued. The stock's GF Value™ is Ft1,575.10, compared to a current price of Ft1,811.00 — trading 15% above its estimated fair value. The current Altman Z-Score is 0.82, which is 63% below median its 10-year median of 2.23 and 52.2% below the Telecommunication Services industry median of 1.72. 4iG Nyrt's overall GF Score™ is 64/100 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 4iG Nyrt (BUD:4IG), the current Altman Z-Score is 0.82 as of Jun. 30, 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 4iG Nyrt (BUD:4IG) Overvalued in 2026?

Based on GuruFocus' analysis, 4iG Nyrt stock appears to be overvalued. The current stock price of Ft1,811.00 is trading 15% above its estimated GF Value™ of Ft1,575.10. GuruFocus considers 4iG Nyrt to be Modestly Overvalued.

Key valuation signals for BUD:4IG:

  • Altman Z-Score: 0.82 (63% below median its 10-year median of 2.23)
  • GF Value™: Ft1,575.10 vs. price of Ft1,811.00 (15% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 52.2% below the Telecommunication Services median (#282 of 364)

No single metric tells the full story. See the BUD:4IG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


4iG Nyrt Business Description

Other Exchanges U1A:Germany
Address Krisztina Korut, 39, Budapest, HUN, 1013
4iG Nyrt is a Hungary-based telecommunications and information technology group engaged in the operation of telecommunications networks, provision of telecommunications services, development of IT solutions and system integration, sale of technological devices, and provision of space industry and drone technology solutions. The group operates through Telecommunications, IT, Space and Defence, and Other segments. Its activities include mobile, internet, and fixed-line services, software development, cybersecurity, enterprise IT solutions, satellite communication and data transmission solutions, drone technologies, and the distribution of smartphones, laptops, televisions, and other electronic devices. It generates the majority of its revenue from the Telecommunications segment.
64GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Ft1,811.00
Price
Ft1,575.10
GF Value