Stock BALT BALTIC SEA PROPERTIES
Add to a list
To use this feature you must be a member
Log inSign up

Financials Baltic Sea Properties

Equities

BALT

NO0010810476

Real Estate Development & Operations

Market Closed - Oslo Bors
Other stock markets
 10:45:00 2024-05-03 am EDT 		5-day change 1st Jan Change
49.4 NOK 0.00% Intraday chart for Baltic Sea Properties 0.00% +4.22%
Apr. 11 Baltic Sea Properties AS Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Mar. 04 Ba Baltic Sea Properties AS Enters New Office and Warehouse Development for the Largest Energy Company in the Baltics, Marking the First Stage of New Business Park CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 162.2 193.4 300.1 337 333.9 316.5
Enterprise Value (EV) 1 526.8 483.3 641.2 694.2 915.8 959.3
P/E ratio -290 x -4.74 x 20.3 x 11.6 x 7.11 x 10.9 x
Yield 3.13% - 3.33% 2.97% - 3.38%
Capitalization / Revenue 2.16 x 3.54 x 4.85 x 5.28 x 4.8 x 3.47 x
EV / Revenue 7.03 x 8.85 x 10.4 x 10.9 x 13.2 x 10.5 x
EV / EBITDA 8.1 x 12.6 x 13.9 x 14.9 x 19.9 x 14.5 x
EV / FCF 13.7 x -5.87 x -5.86 x 36.1 x 42.9 x 58.8 x
FCF Yield 7.32% -17% -17.1% 2.77% 2.33% 1.7%
Price to Book 0.89 x 1.06 x 1.45 x 1.56 x 0.82 x 0.7 x
Nbr of stocks (in thousands) 5,068 6,668 6,668 6,673 6,678 6,678
Reference price 2 32.00 29.00 45.00 50.50 50.00 47.40
Announcement Date 3/29/19 4/2/20 3/26/21 4/27/22 4/19/23 4/11/24
1NOK in Million2NOK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 74.94 54.59 61.87 63.8 69.52 91.29
EBITDA 1 65.04 38.48 46.15 46.51 45.95 66.19
EBIT 1 42.12 15.56 19.78 23.96 45.59 65.88
Operating Margin 56.21% 28.5% 31.96% 37.55% 65.58% 72.17%
Earnings before Tax (EBT) 1 0.5239 -44.36 20.43 30.16 56.19 29.87
Net income 1 -0.5595 -40.8 14.8 28.96 46.98 28.97
Net margin -0.75% -74.74% 23.92% 45.39% 67.58% 31.73%
EPS 2 -0.1104 -6.120 2.220 4.340 7.035 4.338
Free Cash Flow 1 38.54 -82.32 -109.5 19.24 21.35 16.31
FCF margin 51.43% -150.79% -176.97% 30.15% 30.72% 17.87%
FCF Conversion (EBITDA) 59.25% - - 41.37% 46.48% 24.64%
FCF Conversion (Net income) - - - 66.43% 45.45% 56.3%
Dividend per Share 2 1.000 - 1.500 1.500 - 1.600
Announcement Date 3/29/19 4/2/20 3/26/21 4/27/22 4/19/23 4/11/24
1NOK in Million2NOK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 365 290 341 357 582 643
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.606 x 7.535 x 7.393 x 7.681 x 12.66 x 9.712 x
Free Cash Flow 1 38.5 -82.3 -109 19.2 21.4 16.3
ROE (net income / shareholders' equity) -0.31% -22.5% 7.62% 13.7% 12.5% 6.77%
ROA (Net income/ Total Assets) 4.12% 1.5% 1.93% 2.35% 2.95% 3.58%
Assets 1 -13.59 -2,721 765.7 1,231 1,592 810.2
Book Value Per Share 2 35.80 27.30 31.00 32.40 60.80 67.40
Cash Flow per Share 2 12.50 12.80 5.810 7.890 6.600 6.120
Capex 1 17.5 88.2 107 9.81 - -
Capex / Sales 23.36% 161.6% 172.55% 15.37% - -
Announcement Date 3/29/19 4/2/20 3/26/21 4/27/22 4/19/23 4/11/24
1NOK in Million2NOK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Retail Real Estate Development

1st Jan change Capi.
BALTIC SEA PROPERTIES Stock Baltic Sea Properties
+4.22% 30.44M
SCENTRE GROUP Stock Scentre Group
+5.35% 10.81B
THE PHOENIX MILLS LIMITED Stock The Phoenix Mills Limited
+36.53% 6.56B
ARABIAN CENTRES COMPANY Stock Arabian Centres Company
+21.03% 3.19B
PLAZA S.A. Stock Plaza S.A.
+12.00% 2.92B
MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS S.A. Stock Multiplan Empreendimentos Imobiliarios S.A.
-13.44% 2.82B
AEON MALL CO., LTD. Stock AEON Mall Co., Ltd.
+2.00% 2.69B
EASYHOME NEW RETAIL GROUP CORPORATION LIMITED Stock Easyhome New Retail Group Corporation Limited
-7.27% 2.65B
ATRIUM LJUNGBERG AB Stock Atrium Ljungberg AB
-13.58% 2.33B
ALLOS S.A. Stock Allos S.A.
-20.94% 2.29B
Retail Real Estate Development
  1. Stock Market
  2. Equities
  3. BALT Stock
  4. Financials Baltic Sea Properties