Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag (BUD:MULTIHOME) Altman Z-Score: 9.67 (As of Jul. 17, 2026) — 55% Below Median

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BUD:MULTIHOME Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag BUD:MULTIHOME
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What is Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score?

Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag BUD:MULTIHOME 15 Altman Z-Score is 9.67 as of Jul. 17, 2026, which is 55% below its 10-year median of 21.52. GuruFocus rates BUD:MULTIHOME with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 1,730 Real Estate companies, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ranks better than 95.49% 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 9.95 is strong.

Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag has a Altman Z-Score of 9.67, 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 Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score or its related term are showing as below:

BUD:MULTIHOME' s Altman Z-Score Range Over the Past 10 Years
Min: 9.95   Med: 21.52   Max: 32.79
Current: 9.95

During the past 5 years, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's highest Altman Z-Score was 32.79. The lowest was 9.95. And the median was 21.52.


Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag  (BUD:MULTIHOME) 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.


Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score Related Terms


Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Multihome Ingatlanforgalmazo 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.

Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score Chart

Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 0.00 32.79 10.24

Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 32.79 0.00 10.24

BUD:MULTIHOME vs JOE: Altman Z-Score Comparison

For the Real Estate - Diversified subindustry, Multihome Ingatlanforgalmazo 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.


Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Altman Z-Score vs Real Estate Industry

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

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


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

Multihome Ingatlanforgalmazo 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*0.7175+1.4*0.1199+3.3*0.0124+0.6*13.8314+1.0*0.2998
=9.67

* 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 Ft1,990.3 Mil.
Total Current Assets was Ft1,608.6 Mil.
Total Current Liabilities was Ft180.5 Mil.
Retained Earnings was Ft238.7 Mil.
Pre-Tax Income was Ft1.8 Mil.
Interest Expense was Ft-22.9 Mil.
Revenue was Ft596.6 Mil.
Market Cap (Today) was Ft5,402.7 Mil.
Total Liabilities was Ft390.6 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
=(1608.563 - 180.452)/1990.266
=0.7175

X2=Retained Earnings/Total Assets
=238.656/1990.266
=0.1199

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.751 - -22.887)/1990.266
=0.0124

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5402.700/390.61
=13.8314

X5=Revenue/Total Assets
=596.606/1990.266
=0.2998

The zones of discrimination were as such:

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

Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag has a Altman Z-Score of 9.67 indicating it is in Safe 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 9.67 mean?
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag (BUD:MULTIHOME) has a Altman Z-Score of 9.67 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag and its competitors. This is 55% below median its historical median of 21.52. Over the past decade, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score has ranged from 9.95 to 32.79. According to the industry distribution chart, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ranks #78 out of 1730 companies in the Real Estate industry, placing it in the top 4.5%.
Is Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score too high?
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's current Altman Z-Score of 9.67 is 55% below median its 10-year median of 21.52. Over the past 10 years, this metric has ranged from a low of 9.95 to a high of 32.79. The Real Estate industry median Altman Z-Score is 1.32. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's value of 9.67 is 635.4% above this industry median. Based on the distribution chart, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ranks #78 out of 1730 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's Altman Z-Score compare to JOE?
According to the Real Estate industry distribution chart, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag ranks #78 out of 1730 companies for Altman Z-Score. This places Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.32. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's value of 9.67 is 635.4% above this benchmark. Historically, Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's own Altman Z-Score has ranged from 9.95 to 32.79 over the past decade. While the company's 10-year median is 21.52 vs. the industry median of 1.32, Multihome Ingatlanforgalmazo 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 1.32, based on 1,730 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. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's current Altman Z-Score of 9.67 is 635.4% 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 Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's current Altman Z-Score is 9.67, which is 55% below median its own 10-year median of 21.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag stock overvalued right now?
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag (BUD:MULTIHOME) has a current Altman Z-Score of 9.67. The current Altman Z-Score is 9.67, which is 55% below median its 10-year median of 21.52 and 635.4% above the Real Estate industry median of 1.32. Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag's overall GF Score™ is 15/100 with 6 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 Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag (BUD:MULTIHOME), the current Altman Z-Score is 9.67 as of Jul. 17, 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.

Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag Business Description

Address Megyeri ut 25. III. em, Pecs, HUN, 7623
Multihome Ingatlanforgalmazo Zartkoruen Mukodo Reszvenytarsasag engages in the sale and purchase of the privately owned real estate, as well as in the real estate development organization of a related building construction project.
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