Bremer Lagerhaus-Gesellschaft (FRA:BLH) Altman Z-Score: 1.34 (As of Jul. 11, 2026) — Near Median


FRA:BLH Bremer Lagerhaus-Gesellschaft FRA:BLH
65 GF Score
Price €10.50
GF Value €9.32
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Bremer Lagerhaus-Gesellschaft Altman Z-Score?

Bremer Lagerhaus-Gesellschaft FRA:BLH -5.41% 65 Altman Z-Score is 1.34 as of Jul. 11, 2026, which is 3% above its 10-year median of 1.30. GuruFocus rates FRA:BLH with a GF Score™ of 65/100 and a GF Value™ of €9.32 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 996 Transportation companies, Bremer Lagerhaus-Gesellschaft ranks worse than 73.09% 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 1.34 is in distress zone. This implies bankruptcy possibility in the next two years.

Bremer Lagerhaus-Gesellschaft has a Altman Z-Score of 1.34, 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 Bremer Lagerhaus-Gesellschaft's Altman Z-Score or its related term are showing as below:

FRA:BLH' s Altman Z-Score Range Over the Past 10 Years
Min: 0.57   Med: 1.3   Max: 2.06
Current: 1.34

During the past 13 years, Bremer Lagerhaus-Gesellschaft's highest Altman Z-Score was 2.06. The lowest was 0.57. And the median was 1.30.


Bremer Lagerhaus-Gesellschaft  (FRA:BLH) 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.


Bremer Lagerhaus-Gesellschaft Altman Z-Score Related Terms


Bremer Lagerhaus-Gesellschaft Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Bremer Lagerhaus-Gesellschaft'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.

Bremer Lagerhaus-Gesellschaft Altman Z-Score Chart

Bremer Lagerhaus-Gesellschaft 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 1.10 1.12 1.25 1.49 1.34

Bremer Lagerhaus-Gesellschaft Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 0.00 1.49 0.00 1.34

FRA:BLH vs UPS, FDX, JBHT: Altman Z-Score Comparison

For the Integrated Freight & Logistics subindustry, Bremer Lagerhaus-Gesellschaft'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.


Bremer Lagerhaus-Gesellschaft Altman Z-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Bremer Lagerhaus-Gesellschaft's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Bremer Lagerhaus-Gesellschaft's Altman Z-Score falls into.


FRA:BLH
65GF Score
Bremer Lagerhaus-Gesellschaft FRA:BLH
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bremer Lagerhaus-Gesellschaft 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.

Bremer Lagerhaus-Gesellschaft'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*0.0548+1.4*0.1563+3.3*0.0715+0.6*0.0378+1.0*0.7964
=1.34

* 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 €1,463 Mil.
Total Current Assets was €447 Mil.
Total Current Liabilities was €366 Mil.
Retained Earnings was €229 Mil.
Pre-Tax Income was €77 Mil.
Interest Expense was €-27 Mil.
Revenue was €1,165 Mil.
Market Cap (Today) was €40 Mil.
Total Liabilities was €1,065 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
=(446.573 - 366.321)/1463.332
=0.0548

X2=Retained Earnings/Total Assets
=228.662/1463.332
=0.1563

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(77.417 - -27.236)/1463.332
=0.0715

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=40.320/1065.484
=0.0378

X5=Revenue/Total Assets
=1165.46/1463.332
=0.7964

The zones of discrimination were as such:

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

Bremer Lagerhaus-Gesellschaft has a Altman Z-Score of 1.34 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 1.34 mean?
Bremer Lagerhaus-Gesellschaft (FRA:BLH) has a Altman Z-Score of 1.34 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bremer Lagerhaus-Gesellschaft and its competitors. This is near median its historical median of 1.30. Over the past decade, Bremer Lagerhaus-Gesellschaft's Altman Z-Score has ranged from 0.57 to 2.06. According to the industry distribution chart, Bremer Lagerhaus-Gesellschaft ranks #728 out of 996 companies in the Transportation industry, placing it in the top 73.1%.
Is Bremer Lagerhaus-Gesellschaft's Altman Z-Score too high?
Bremer Lagerhaus-Gesellschaft's current Altman Z-Score of 1.34 is near median its 10-year median of 1.30. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.06. The Transportation industry median Altman Z-Score is 2.26. Bremer Lagerhaus-Gesellschaft's value of 1.34 is 40.7% below this industry median. Based on the distribution chart, Bremer Lagerhaus-Gesellschaft ranks #728 out of 996 companies in the Transportation industry, which is below the industry midpoint. Overall, Bremer Lagerhaus-Gesellschaft has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bremer Lagerhaus-Gesellschaft's Altman Z-Score compare to UPS and FDX?
According to the Transportation industry distribution chart, Bremer Lagerhaus-Gesellschaft ranks #728 out of 996 companies for Altman Z-Score. This places Bremer Lagerhaus-Gesellschaft in the lower half of its industry. The industry median Altman Z-Score is 2.26. Bremer Lagerhaus-Gesellschaft's value of 1.34 is 40.7% below this benchmark. Historically, Bremer Lagerhaus-Gesellschaft's own Altman Z-Score has ranged from 0.57 to 2.06 over the past decade. While the company's 10-year median is 1.30 vs. the industry median of 2.26, Bremer Lagerhaus-Gesellschaft 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 Transportation company?
The median Altman Z-Score among Transportation companies is 2.26, based on 996 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. Bremer Lagerhaus-Gesellschaft's current Altman Z-Score of 1.34 is 40.7% 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 Bremer Lagerhaus-Gesellschaft and its competitors. For the Transportation industry, the median Altman Z-Score is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bremer Lagerhaus-Gesellschaft's current Altman Z-Score is 1.34, which is near median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bremer Lagerhaus-Gesellschaft stock overvalued right now?
Based on GuruFocus' analysis, Bremer Lagerhaus-Gesellschaft (FRA:BLH) is currently considered Modestly Overvalued. The stock's GF Value™ is €9.32, compared to a current price of €10.50 — trading 12.7% above its estimated fair value. The current Altman Z-Score is 1.34, which is near median its 10-year median of 1.30 and 40.7% below the Transportation industry median of 2.26. Bremer Lagerhaus-Gesellschaft's overall GF Score™ is 65/100 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 Bremer Lagerhaus-Gesellschaft (FRA:BLH), the current Altman Z-Score is 1.34 as of Jul. 11, 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 Bremer Lagerhaus-Gesellschaft (FRA:BLH) Overvalued in 2026?

Based on GuruFocus' analysis, Bremer Lagerhaus-Gesellschaft stock appears to be overvalued. The current stock price of €10.50 is trading 12.7% above its estimated GF Value™ of €9.32. GuruFocus considers Bremer Lagerhaus-Gesellschaft to be Modestly Overvalued.

Key valuation signals for FRA:BLH:

  • Altman Z-Score: 1.34 (near median its 10-year median of 1.30)
  • GF Value™: €9.32 vs. price of €10.50 (12.7% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 40.7% below the Transportation median (#728 of 996)

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


Bremer Lagerhaus-Gesellschaft Business Description

Other Exchanges BLH:Germany
Address Praesident-Kennedy-Platz 1, Bremen, DEU, 28203
Bremer Lagerhaus-Gesellschaft is engaged in the provision of logistics services. The company operates through three segments which include Automobile, Contract, and Container. The Automobile segment, which generates maximum revenue consists of logistics of finished vehicles and includes handling, storage, technical processing and forwarding and transport logistics through rail, road and inland waterway. Its Contract segment offers automotive, industrial, retail and seaport logistics, forwarding services and logistics for the offshore wind industry. The Container segment focuses on container handling.
65GF Score

Get the complete analysis for FRA:BLH

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

€10.50
Price
€9.32
GF Value