4iG Nyrt. (4IG) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of 4iG Nyrt. HUF 4,785, price HUF 1,595, upside +200.0%, quality 40 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 576.95 HUF – 4,920 HUF · fair‑value band 2,585 HUF – 9,682 HUF · the 1,595 HUF price screens below the 4,785 HUF fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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4iG Nyrt. engages in the telecommunication and information technology (IT) businesses in Hungary and the Western Balkans.
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4iG Nyrt. engages in the telecommunication and information technology (IT) businesses in Hungary and the Western Balkans. The company offers platform-independent custom software design and development, comprehensive enterprise-level IT solution planning and implementation, IT operations and support services, maintenance services, operation of enterprise resource planning systems, full support of banking data reporting, and the development and operation of document and case management systems. It also provides telecommunications; digitalization and information technology; and IT systems integrator, space, and technology. The company was founded in 1990 and is headquartered in Budapest, Hungary.
Stock analysis
4iG Nyrt. (4IG) currently trades at 1,595 HUF, while our model-based Fair Value estimate is 4,785 HUF, implying the stock looks roughly 66.7% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 6,489 HUF per share, and 10 of the 12 models we run sit above the 1,595 HUF price.
Bear case: the Multiples group reads lowest at 4,035 HUF, and 2 of the 12 models stay below the price. Evidence for this calculation is low.
Scenario range: 2,585 HUF (bear) to 9,682 HUF (bull), the price of 1,595 HUF sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 40/100 (below-average quality), in the Communication Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
4iG Nyrt. reported revenue of 745B HUF in FY2025 versus 93.7B HUF in FY2021, a compound +68.0%/yr. Reported net income was −5.3B HUF in FY2025.
Key figures
Market cap 542B HUF (≈ $1.7B) · P/S ratio 0.70 · EPS (TTM) −16.58 HUF · Dividend yield 2.1% · Net margin −0.7% · Return on equity 6.9% · Return on assets (EBIT) 1.9% · Operating margin 7.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 68% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 47% fair-value upside, at 200%, 4IG screens cheaper than that median.
Fair Value models
Bear 2,585 HUFFair Value 4,785 HUFBull 9,682 HUF
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+39.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+67.0%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+76.4%
’18
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’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
7.5% (2020) → 10.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+7.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Hungary: IMF forecast 3.3% a year to 2030, 5.6% from 2016 to 2025) that is about +4.0% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Telecom Services · 249 stocks
Beats the industry median on 4/11 measures
Overall it trails its industry peers.
Valuation
Quality Score40 · Bottom 25%
Fair Value upside+200% · Top 25%
Profitability
Return on equity (TTM)7% · Below median
Return on assets2% · Below median
Net margin (TTM)−1% · Below median
Operating margin (TTM)8% · Below median
Growth and dividend
Revenue growth18% · Top 25%
Dividend yield (TTM)2.1% · Below median
Balance sheet
Debt / equity11.55× · Highest 25%
Valuation Multiplesvs Telecom Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "4iG Nyrt. Fair Value". https://www.fairvalue-calculator.com/stock/4IG
Frequently asked questions
Is 4iG Nyrt. (4IG) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 4,785 HUF versus a price of 1,595 HUF, about +200% upside (undervalued).
What is the fair value of 4IG?
Our model-based fair value for 4iG Nyrt. is 4,785 HUF (as of Sep 24, 2026), built from audited fundamentals. The current price: 1,595 HUF.
What is the quality score of 4IG?
4iG Nyrt. has a Quality Score of 40/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for 4iG Nyrt. (4IG)?
Our model-based price target is the fair value of 4,785 HUF (as of Sep 24, 2026) from 14 valuation models. Cautious scenario 2,585 HUF, optimistic scenario 9,682 HUF. It is a calculation from audited fundamentals, not an analyst target.
What is the 4iG Nyrt. stock forecast for 2026?
Our models put fair value at 4,785 HUF, about +200% upside versus a price of 1,595 HUF (undervalued). Cautious scenario 2,585 HUF, optimistic scenario 9,682 HUF. The calculation is refreshed regularly with new filings.
What is the revenue of 4iG Nyrt. (4IG)?
4iG Nyrt. reported trailing-twelve-month revenue of about 777B HUF (latest available figure, as of Sep 24, 2026).
Does 4iG Nyrt. pay a dividend?
4iG Nyrt. currently shows a dividend yield of about 2.09% relative to its recent price (as of Sep 24, 2026).
What growth is priced into 4iG Nyrt. (4IG)?
For today's price to be fair in a discounted-cash-flow model, 4iG Nyrt. would have to grow free cash flow by +7.5 % per year for five years (discount rate 12.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +67.1 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 4IG use?
Our models discount 4iG Nyrt. at 12.0 %: a base by market capitalisation (small), damped by beta 0.29, country premium for Hungary. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For 4iG Nyrt. that is +7.5 % per year a year over ten years, using the same discount rate (12.0 %) and the same formula as our fair value.
How much growth has 4iG Nyrt. (4IG) delivered so far?
Over the past 5 years revenue at 4iG Nyrt. grew +67.1 % a year. The price currently implies +7.5 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of 4iG Nyrt. (4IG) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into 4iG Nyrt. (+7.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of 4iG Nyrt. (4IG)?
The free-cash-flow yield on the price is 17.44 %: that much free cash flow 4iG Nyrt. produces per unit of market value. When it exceeds the discount rate of our models (12.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of 4iG Nyrt. (4IG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For 4iG Nyrt. it is 4,785 HUF per share (as of Sep 24, 2026), against a price of 1,595 HUF. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is 4iG Nyrt. stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 4IG trades below its calculated fair value: price 1,595 HUF, fair value 4,785 HUF, a gap of about +200% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 4IG?
No. The price is what the market pays today (1,595 HUF); the fair value is what the company's own numbers justify (4,785 HUF). For 4iG Nyrt. the two are 3,190 HUF per share apart. That gap is exactly why we show both numbers side by side.
How much is 4iG Nyrt. worth?
The market values 4iG Nyrt. at about 542B HUF (market capitalisation, as of Sep 24, 2026). Per share that is 1,595 HUF; our models calculate a fair value of 4,785 HUF per share.
What do the bullish and bearish scenarios say about 4IG?
Our models span a range for 4iG Nyrt.: cautious scenario 2,585 HUF, base 4,785 HUF, optimistic 9,682 HUF per share (as of Sep 24, 2026, price 1,595 HUF). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of 4iG Nyrt. (4IG)?
Balance-sheet figures for 4iG Nyrt. (as of Sep 24, 2026): return on equity 6.9%, debt of 11.55 per unit of equity. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is 4IG from its 52-week high?
4iG Nyrt. trades at 1,595 HUF, about 68% below its 52-week high of 4,920 HUF and 5% above the low of 1,515 HUF (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 4,785 HUF is for.
Which stocks are comparable to 4iG Nyrt.?
From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is 4iG Nyrt. stock attractive at the current price?
The data as of Sep 24, 2026: price 1,595 HUF, calculated fair value 4,785 HUF (+200%), Quality Score 40/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 4IG calculated?
We run 4iG Nyrt. through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 4,785 HUF, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. 4iG Nyrt. currently trades 200 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of 4iG Nyrt. (4IG)?
The closing price on Sep 24, 2026 was 1,595 HUF. Our model-based fair value is 4,785 HUF, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with 4iG Nyrt. right now?
The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (2,585 HUF). The market is more pessimistic than our downside scenario. The model range is unusually wide (2,585 HUF to 9,682 HUF). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of 4iG Nyrt.
How large is the market capitalisation of 4iG Nyrt. (4IG)?
The market capitalisation of 4iG Nyrt. is 542B HUF (≈ $1.7B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of 4iG Nyrt. (4IG)?
The price-to-sales ratio of 4iG Nyrt. is 0.70 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of 4iG Nyrt. (4IG)?
Earnings per share at 4iG Nyrt. are −16.58 HUF. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of 4iG Nyrt. (4IG)?
The dividend yield of 4iG Nyrt. is 2.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of 4iG Nyrt. (4IG)?
The net margin of 4iG Nyrt. is −0.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of 4iG Nyrt. (4IG)?
The return on equity (ROE) of 4iG Nyrt. is 6.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of 4iG Nyrt. (4IG)?
On an EBIT basis the return on assets of 4iG Nyrt. is 1.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of 4iG Nyrt. (4IG)?
The operating margin of 4iG Nyrt. is 7.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at 4iG Nyrt. (4IG)?
Revenue at 4iG Nyrt. is growing +18.4% versus a year earlier (3y avg +39.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at 4iG Nyrt. (4IG)?
Earnings per share at 4iG Nyrt. are growing −92.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does 4iG Nyrt. (4IG) carry?
The net debt of 4iG Nyrt. is 644B HUF (fiscal year 2025, ≈ 7.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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