Bastei Lubbe AG (WBO:BST1) Altman Z-Score: 3.20 (As of Jun. 27, 2026) — 43% Above Median


WBO:BST1 Bastei Lubbe AG WBO:BST1
69 GF Score
Price €7.14
GF Value €8.51
! 6 Warning Signs
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What is Bastei Lubbe AG Altman Z-Score?

Bastei Lubbe AG WBO:BST1 +1.42% 69 Altman Z-Score is 3.20 as of Jun. 27, 2026, which is 43% above its 10-year median of 2.23. GuruFocus rates WBO:BST1 with a GF Score™ of 69/100 and a GF Value™ of €8.51. The stock has 6 warning signs investors should review. Among 1,020 Media - Diversified companies, Bastei Lubbe AG ranks better than 70.88% 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 3.19 is strong.

Bastei Lubbe AG has a Altman Z-Score of 3.20, 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 Bastei Lubbe AG's Altman Z-Score or its related term are showing as below:

WBO:BST1' s Altman Z-Score Range Over the Past 10 Years
Min: 0.29   Med: 2.23   Max: 4.02
Current: 3.19

During the past 13 years, Bastei Lubbe AG's highest Altman Z-Score was 4.02. The lowest was 0.29. And the median was 2.23.


Bastei Lubbe AG  (WBO:BST1) 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.


Bastei Lubbe AG Altman Z-Score Related Terms


Bastei Lubbe AG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Bastei Lubbe AG'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.

Bastei Lubbe AG Altman Z-Score Chart

Bastei Lubbe AG Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 2.92 2.15 3.28 4.02

Bastei Lubbe AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 3.52 4.02 3.75 3.26 3.40

WBO:BST1 vs NYT, WLY: Altman Z-Score Comparison

For the Publishing subindustry, Bastei Lubbe AG'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.


Bastei Lubbe AG Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bastei Lubbe AG's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Bastei Lubbe AG's Altman Z-Score falls into.


WBO:BST1
69GF Score
Bastei Lubbe AG WBO:BST1
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bastei Lubbe AG 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.

Bastei Lubbe AG'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*0.2191+1.4*0.2834+3.3*0.1029+0.6*2.0302+1.0*0.9857
=3.20

* 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 €117.2 Mil.
Total Current Assets was €66.6 Mil.
Total Current Liabilities was €40.9 Mil.
Retained Earnings was €33.2 Mil.
Pre-Tax Income was 4.137 + 4.668 + 1.153 + 1.742 = €11.7 Mil.
Interest Expense was -0.069 + -0.072 + -0.066 + -0.15 = €-0.4 Mil.
Revenue was 35.077 + 34.021 + 22.974 + 23.48 = €115.6 Mil.
Market Cap (Today) was €94.1 Mil.
Total Liabilities was €46.3 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
=(66.614 - 40.929)/117.226
=0.2191

X2=Retained Earnings/Total Assets
=33.22/117.226
=0.2834

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(11.7 - -0.357)/117.226
=0.1029

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=94.059/46.331
=2.0302

X5=Revenue/Total Assets
=115.552/117.226
=0.9857

The zones of discrimination were as such:

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

Bastei Lubbe AG has a Altman Z-Score of 3.20 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 3.20 mean?
Bastei Lubbe AG (WBO:BST1) has a Altman Z-Score of 3.20 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bastei Lubbe AG and its competitors. This is 43% above median its historical median of 2.23. Over the past decade, Bastei Lubbe AG's Altman Z-Score has ranged from 0.29 to 4.02. According to the industry distribution chart, Bastei Lubbe AG ranks #297 out of 1020 companies in the Media - Diversified industry, placing it in the top 29.1%.
Is Bastei Lubbe AG's Altman Z-Score too high?
Bastei Lubbe AG's current Altman Z-Score of 3.20 is 43% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 4.02. The Media - Diversified industry median Altman Z-Score is 1.98. Bastei Lubbe AG's value of 3.20 is 62% above this industry median. Based on the distribution chart, Bastei Lubbe AG ranks #297 out of 1020 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Bastei Lubbe AG has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Bastei Lubbe AG's Altman Z-Score compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Bastei Lubbe AG ranks #297 out of 1020 companies for Altman Z-Score. This puts Bastei Lubbe AG in the upper half of its industry. The industry median Altman Z-Score is 1.98. Bastei Lubbe AG's value of 3.20 is 62% above this benchmark. Historically, Bastei Lubbe AG's own Altman Z-Score has ranged from 0.29 to 4.02 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 1.98, Bastei Lubbe AG 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 Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.98, based on 1,020 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. Bastei Lubbe AG's current Altman Z-Score of 3.20 is 62% 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 Bastei Lubbe AG and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bastei Lubbe AG's current Altman Z-Score is 3.20, which is 43% above 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 Bastei Lubbe AG stock overvalued right now?
Bastei Lubbe AG (WBO:BST1) has a current Altman Z-Score of 3.20. The stock's GF Value™ is €8.51, compared to a current price of €7.14 — trading 16.1% below its estimated fair value. The current Altman Z-Score is 3.20, which is 43% above median its 10-year median of 2.23 and 62% above the Media - Diversified industry median of 1.98. Bastei Lubbe AG's overall GF Score™ is 69/100 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 Bastei Lubbe AG (WBO:BST1), the current Altman Z-Score is 3.20 as of Jun. 27, 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 Bastei Lubbe AG (WBO:BST1) Overvalued in 2026?

Based on GuruFocus' analysis, Bastei Lubbe AG stock appears to be undervalued. The current stock price of €7.14 is trading 16.1% below its estimated GF Value™ of €8.51.

Key valuation signals for WBO:BST1:

  • Altman Z-Score: 3.20 (43% above median its 10-year median of 2.23)
  • GF Value™: €8.51 vs. price of €7.14 (16.1% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 62% above the Media - Diversified median (#297 of 1020)

No single metric tells the full story. See the WBO:BST1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bastei Lubbe AG Business Description

Other Exchanges 0QHC:UKBST:Germany
Address Schanzenstrasse 6-20, Cologne, NW, DEU, 51063
Bastei Lubbe AG is a media company in the form of a publishing house. The company publishes books, audiobooks, eBooks, and other digital products in the genres of fiction and popular science, as well as periodicals including novel booklets and puzzle magazines. Its operating segment includes Books, and Novel booklets. The company generates maximum revenue from the Books segment. Geographically, it derives a majority of its revenue from Germany.
69GF Score

Get the complete analysis for WBO:BST1

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

€7.14
Price
€8.51
GF Value