Stock BSP BALKAN AND SEA PROPERTIES REIT-VARNA
Add to a list
To use this feature you must be a member
Log inSign up

Financials Balkan and Sea Properties REIT-Varna

Equities

BSP

BG1100099065

Specialized REITs

End-of-day quote Bulgaria S.E.
Other stock markets
 06:00:00 2024-04-24 pm EDT 		5-day change 1st Jan Change
23 BGN 0.00% Intraday chart for Balkan and Sea Properties REIT-Varna 0.00% +0.88%
Jan. 15 Balkan and Sea Properties REIT-Varna Reports Earnings Results for the Full Year Ended December 31, 2023 CI
2023 Balkan and Sea Properties REIT-Varna Reports Earnings Results for the Nine Months Ended September 30, 2023 CI

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 101.5 110.8 118.4 124.7 138.5 149.6
Enterprise Value (EV) 1 141.1 150 157.8 164.4 188.2 200.1
P/E ratio 184 x 17.5 x 179 x 1,833 x 185 x 55.1 x
Yield - - - - - -
Capitalization / Revenue 147 x 19.1 x 58.9 x 5,666 x 6,022 x 1,100 x
EV / Revenue 205 x 25.9 x 78.5 x 7,475 x 8,184 x 1,471 x
EV / EBITDA -392 x 37.1 x 95.5 x -311 x -237 x -163 x
EV / FCF -21.1 x 5.36 x 37 x -9.4 x -15.5 x 1,241 x
FCF Yield -4.74% 18.7% 2.71% -10.6% -6.45% 0.08%
Price to Book 2.4 x 1.95 x 2.24 x 2.37 x 2.59 x 2.66 x
Nbr of stocks (in thousands) 6,925 6,925 6,925 6,925 6,925 6,925
Reference price 2 14.65 16.00 17.10 18.00 20.00 21.60
Announcement Date 4/3/19 4/3/19 6/19/20 6/1/21 4/18/23 4/18/23
1BGN in Million2BGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 0.689 5.803 2.009 0.022 0.023 0.136
EBITDA 1 -0.36 4.044 1.652 -0.528 -0.794 -1.231
EBIT 1 -0.488 3.916 1.524 -0.635 -0.893 -1.331
Operating Margin -70.83% 67.48% 75.86% -2,886.36% -3,882.61% -978.68%
Earnings before Tax (EBT) 1 0.471 5.41 0.18 0.068 0.749 2.717
Net income 1 0.471 5.41 0.18 0.068 0.749 2.717
Net margin 68.36% 93.23% 8.96% 309.09% 3,256.52% 1,997.79%
EPS 2 0.0795 0.9129 0.0955 0.009819 0.1082 0.3923
Free Cash Flow 1 -6.688 27.99 4.27 -17.5 -12.13 0.1612
FCF margin -970.72% 482.34% 212.56% -79,544.32% -52,753.26% 118.57%
FCF Conversion (EBITDA) - 692.14% 258.5% - - -
FCF Conversion (Net income) - 517.38% 2,372.43% - - 5.93%
Dividend per Share - - - - - -
Announcement Date 4/3/19 4/3/19 6/19/20 6/1/21 4/18/23 4/18/23
1BGN in Million2BGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 39.6 39.2 39.4 39.8 49.7 50.5
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -110.1 x 9.703 x 23.84 x -75.36 x -62.62 x -41.05 x
Free Cash Flow 1 -6.69 28 4.27 -17.5 -12.1 0.16
ROE (net income / shareholders' equity) 1.5% 10.9% 0.33% 0.13% 1.41% 4.96%
ROA (Net income/ Total Assets) -0.42% 2.71% 1% -0.43% -0.56% -0.79%
Assets 1 -113.4 199.8 18.07 -15.99 -132.7 -346
Book Value Per Share 2 6.120 8.230 7.640 7.590 7.710 8.110
Cash Flow per Share 2 0.0300 0.0200 0.0300 0.0100 0.0600 0.0100
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/3/19 4/3/19 6/19/20 6/1/21 4/18/23 4/18/23
1BGN in Million2BGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Hospitality REITs

1st Jan change Capi.
BALKAN AND SEA PROPERTIES REIT-VARNA Stock Balkan and Sea Properties REIT-Varna
+0.88% 86.96M
VICI PROPERTIES, INC. Stock VICI Properties, Inc.
-10.70% 29.7B
GAMING AND LEISURE PROPERTIES, INC. Stock Gaming and Leisure Properties, Inc.
-13.96% 11.53B
RYMAN HOSPITALITY PROPERTIES, INC. Stock Ryman Hospitality Properties, Inc.
-2.73% 6.34B
APPLE HOSPITALITY REIT, INC. Stock Apple Hospitality REIT, Inc.
-9.69% 3.64B
PARK HOTELS & RESORTS INC. Stock Park Hotels & Resorts Inc.
+8.30% 3.49B
CAPITALAND ASCOTT TRUST Stock CapitaLand Ascott Trust
-9.09% 2.49B
JAPAN HOTEL REIT INVESTMENT CORPORATION Stock Japan Hotel REIT Investment Corporation
+19.51% 2.44B
COVIVIO HOTELS Stock Covivio Hotels
-8.54% 2.37B
SUNSTONE HOTEL INVESTORS, INC. Stock Sunstone Hotel Investors, Inc.
-4.01% 2.1B
Hospitality REITs
  1. Stock Market
  2. Equities
  3. BSP Stock
  4. Financials Balkan and Sea Properties REIT-Varna