GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) Altman Z-Score: 2.44 (As of Jun. 24, 2026) — 46% Below Median


BUD:GOPD GOPD Zartkoruen Mukodo Reszvenytarsasag BUD:GOPD
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What is GOPD Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score?

GOPD Zartkoruen Mukodo Reszvenytarsasag BUD:GOPD 14 Altman Z-Score is 2.44 as of Jun. 24, 2026, which is 46% below its 10-year median of 4.53. GuruFocus rates BUD:GOPD with a GF Score™ of 14/100. The stock has 3 warning signs investors should review.

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 2.44 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.

GOPD Zartkoruen Mukodo Reszvenytarsasag has a Altman Z-Score of 2.44, indicating it is in Grey Zones. This implies that GOPD Zartkoruen Mukodo Reszvenytarsasag 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 GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score or its related term are showing as below:

BUD:GOPD' s Altman Z-Score Range Over the Past 10 Years
Min: 1.2   Med: 4.53   Max: 10.78
Current: 2.44

During the past 8 years, GOPD Zartkoruen Mukodo Reszvenytarsasag's highest Altman Z-Score was 10.78. The lowest was 1.20. And the median was 4.53.


GOPD Zartkoruen Mukodo Reszvenytarsasag  (BUD:GOPD) 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.


GOPD Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score Related Terms


GOPD Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score Historical Data

* Premium members only.

The historical data trend for GOPD Zartkoruen Mukodo Reszvenytarsasag'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.

GOPD Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score Chart

GOPD Zartkoruen Mukodo Reszvenytarsasag Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 7.05 5.38 4.53 3.19 2.44

GOPD Zartkoruen Mukodo Reszvenytarsasag Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.53 0.00 3.19 0.00 2.44

GOPD Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score Competitor Comparison

For the Real Estate - Development subindustry, GOPD Zartkoruen Mukodo Reszvenytarsasag'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.


GOPD Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score falls into.


BUD:GOPD
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GOPD Zartkoruen Mukodo Reszvenytarsasag BUD:GOPD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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GOPD Zartkoruen Mukodo Reszvenytarsasag 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.

GOPD Zartkoruen Mukodo Reszvenytarsasag'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*0.3105+1.4*0.1309+3.3*0.0127+0.6*2.7972+1.0*0.1672
=2.44

* 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 Dec. 2025:
Total Assets was Ft97,302 Mil.
Total Current Assets was Ft59,260 Mil.
Total Current Liabilities was Ft29,051 Mil.
Retained Earnings was Ft12,741 Mil.
Pre-Tax Income was Ft519 Mil.
Interest Expense was Ft-715 Mil.
Revenue was Ft16,273 Mil.
Market Cap (Today) was Ft206,400 Mil.
Total Liabilities was Ft73,788 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
=(59259.638 - 29051.359)/97301.531
=0.3105

X2=Retained Earnings/Total Assets
=12741.224/97301.531
=0.1309

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(518.54 - -714.972)/97301.531
=0.0127

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=206400.000/73787.822
=2.7972

X5=Revenue/Total Assets
=16273.362/97301.531
=0.1672

The zones of discrimination were as such:

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

GOPD Zartkoruen Mukodo Reszvenytarsasag has a Altman Z-Score of 2.44 indicating it is in Grey 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 2.44 mean?
GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) has a Altman Z-Score of 2.44 as of Jun. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on GOPD Zartkoruen Mukodo Reszvenytarsasag and its competitors. This is 46% below median its historical median of 4.53. Over the past decade, GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score has ranged from 1.20 to 10.78.
Is GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score too high?
GOPD Zartkoruen Mukodo Reszvenytarsasag's current Altman Z-Score of 2.44 is 46% below median its 10-year median of 4.53. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 10.78. The Real Estate industry median Altman Z-Score is 1.29. GOPD Zartkoruen Mukodo Reszvenytarsasag's value of 2.44 is 89.1% above this industry median. Overall, GOPD Zartkoruen Mukodo Reszvenytarsasag has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score compare to competitors?
GOPD Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score of 2.44 can be compared against companies in the Real Estate industry. The industry median Altman Z-Score is 1.29. GOPD Zartkoruen Mukodo Reszvenytarsasag's value of 2.44 is 89.1% above this benchmark. Historically, GOPD Zartkoruen Mukodo Reszvenytarsasag's own Altman Z-Score has ranged from 1.20 to 10.78 over the past decade. While the company's 10-year median is 4.53 vs. the industry median of 1.29, GOPD Zartkoruen Mukodo Reszvenytarsasag 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.29, based on 1,732 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. GOPD Zartkoruen Mukodo Reszvenytarsasag's current Altman Z-Score of 2.44 is 89.1% 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 GOPD Zartkoruen Mukodo Reszvenytarsasag and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GOPD Zartkoruen Mukodo Reszvenytarsasag's current Altman Z-Score is 2.44, which is 46% below median its own 10-year median of 4.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GOPD Zartkoruen Mukodo Reszvenytarsasag stock overvalued right now?
GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD) has a current Altman Z-Score of 2.44. The current Altman Z-Score is 2.44, which is 46% below median its 10-year median of 4.53 and 89.1% above the Real Estate industry median of 1.29. GOPD Zartkoruen Mukodo Reszvenytarsasag's overall GF Score™ is 14/100 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 GOPD Zartkoruen Mukodo Reszvenytarsasag (BUD:GOPD), the current Altman Z-Score is 2.44 as of Jun. 24, 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.

GOPD Zartkoruen Mukodo Reszvenytarsasag Business Description

Address Fogarasi ut 3, Budapest, HUN, HU-1148
GOPD Zartkoruen Mukodo Reszvenytarsasag is a Hungary based company engaged in property development. The projects of the company include flats in Zuglo and Angyalfold and a residential complex with apartments in Zuglo.
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