Budapest Ingatlan NyrtBUD:BIF +1.16%74 Altman Z-Score is 3.36 as of Jul. 02, 2026, which is 13% below its 10-year median of 3.86. GuruFocus rates BUD:BIF with a GF Score™ of 74/100 and a GF Value™ of Ft575.79 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 737 REITs companies, Budapest Ingatlan Nyrt ranks better than 84.4% 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 3.35 is strong.
Budapest Ingatlan Nyrt has a Altman Z-Score of 3.36, 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 Budapest Ingatlan Nyrt's Altman Z-Score or its related term are showing as below:
BUD:BIF'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.61 Med: 3.86 Max: 4.76
Current: 3.35
During the past 13 years, Budapest Ingatlan Nyrt's highest Altman Z-Score was 4.76. The lowest was 2.61. And the median was 3.86.
Budapest Ingatlan Nyrt (BUD:BIF) 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.
Altman Z-Score does not apply to financial companies.
Budapest Ingatlan Nyrt Altman Z-Score Related Terms
Budapest Ingatlan Nyrt Altman Z-Score Historical Data
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The historical data trend for Budapest Ingatlan 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.
BUD:BIF vs VICI, WPC, BNL: Altman Z-Score Comparison
For the REIT - Diversified subindustry, Budapest Ingatlan 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.
Budapest Ingatlan Nyrt Altman Z-Score vs REITs Industry
For the REITs industry and Real Estate sector, Budapest Ingatlan Nyrt's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Budapest Ingatlan Nyrt's Altman Z-Score falls into.
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.
Budapest Ingatlan Nyrt (BUD:BIF) has a Altman Z-Score of 3.36 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Budapest Ingatlan Nyrt and its competitors. This is 13% below median its historical median of 3.86. Over the past decade, Budapest Ingatlan Nyrt's Altman Z-Score has ranged from 2.61 to 4.76. According to the industry distribution chart, Budapest Ingatlan Nyrt ranks #115 out of 737 companies in the REITs industry, placing it in the top 15.6%.
Is Budapest Ingatlan Nyrt's Altman Z-Score too high?
Budapest Ingatlan Nyrt's current Altman Z-Score of 3.36 is 13% below median its 10-year median of 3.86. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 4.76. The REITs industry median Altman Z-Score is 1.07. Budapest Ingatlan Nyrt's value of 3.36 is 214% above this industry median. Based on the distribution chart, Budapest Ingatlan Nyrt ranks #115 out of 737 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Budapest Ingatlan Nyrt has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budapest Ingatlan Nyrt's Altman Z-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Budapest Ingatlan Nyrt ranks #115 out of 737 companies for Altman Z-Score. This places Budapest Ingatlan Nyrt in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.07. Budapest Ingatlan Nyrt's value of 3.36 is 214% above this benchmark. Historically, Budapest Ingatlan Nyrt's own Altman Z-Score has ranged from 2.61 to 4.76 over the past decade. While the company's 10-year median is 3.86 vs. the industry median of 1.07, Budapest Ingatlan Nyrt 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 REITs company?
The median Altman Z-Score among REITs companies is 1.07, based on 737 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. Budapest Ingatlan Nyrt's current Altman Z-Score of 3.36 is 214% 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 Budapest Ingatlan Nyrt and its competitors. For the REITs industry, the median Altman Z-Score is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budapest Ingatlan Nyrt's current Altman Z-Score is 3.36, which is 13% below median its own 10-year median of 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budapest Ingatlan Nyrt stock overvalued right now?
Based on GuruFocus' analysis, Budapest Ingatlan Nyrt (BUD:BIF) is currently considered Significantly Undervalued. The stock's GF Value™ is Ft575.79, compared to a current price of Ft261.00 — trading 54.7% below its estimated fair value. The current Altman Z-Score is 3.36, which is 13% below median its 10-year median of 3.86 and 214% above the REITs industry median of 1.07. Budapest Ingatlan Nyrt's overall GF Score™ is 74/100 with 3 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 Budapest Ingatlan Nyrt (BUD:BIF), the current Altman Z-Score is 3.36 as of Jul. 02, 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 Budapest Ingatlan Nyrt (BUD:BIF) Overvalued in 2026?
Based on GuruFocus' analysis, Budapest Ingatlan Nyrt stock appears to be undervalued.
The current stock price of Ft261.00 is trading 54.7% below its estimated GF Value™ of Ft575.79.
GuruFocus considers Budapest Ingatlan Nyrt to be Significantly Undervalued.
Key valuation signals for BUD:BIF:
Altman Z-Score: 3.36 (13% below median its 10-year median of 3.86)
GF Value™: Ft575.79 vs. price of Ft261.00 (54.7% below fair value)
Industry Position: 214% above the REITs median (#115 of 737)
No single metric tells the full story. See the BUD:BIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Budapest Ingatlan Nyrt operates as a real estate investment trust. The company focuses on developing, managing, and operating a diversified real estate portfolio consisting of office buildings, parking garages, construction lots, residential properties, building plots, and hotels. The company's operating business segments are Income-generating investment properties and the Harsanylejto project. A majority of its revenue is generated from the Income-generating investment properties segment, which relates to investment properties owned, leased, and rented out by the company and its subsidiaries. All of the company's occupied income-generating properties are located in Budapest, Hungary.
74GF Score
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