Financials Super Borovets Property Fund REIT

Equities

SBPF

BG1100041067

Diversified REITs

End-of-day quote Bulgaria S.E. 06:00:00 2024-04-14 pm EDT 5-day change 1st Jan Change
3.02 BGN -.--% Intraday chart for Super Borovets Property Fund REIT -.--% +0.67%

Valuation

Fiscal Period: December 2017 2018 2020 2021 2022
Capitalization 1 29.12 35.6 60.79 64.06 70.14
Enterprise Value (EV) 1 75.86 79.5 105.3 103 101.5
P/E ratio 28.4 x 67.4 x 170 x 21.2 x 69.2 x
Yield - - - - -
Capitalization / Revenue 42.8 x 35.3 x 43.1 x 25.9 x 16.6 x
EV / Revenue 112 x 78.9 x 74.6 x 41.6 x 24 x
EV / EBITDA - - - 207,213,654 x 77,389,470 x
EV / FCF -165 x -16.3 x 9.36 x -28.9 x -20.7 x
FCF Yield -0.61% -6.15% 10.7% -3.46% -4.83%
Price to Book 1.1 x 1.31 x 1.37 x 1.35 x 1.44 x
Nbr of stocks (in thousands) 16,180 16,180 23,380 23,380 23,380
Reference price 2 1.800 2.200 2.600 2.740 3.000
Announcement Date 4/27/18 4/30/19 4/4/22 4/4/22 4/28/23
1BGN in Million2BGN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2020 2021 2022
Net sales 1 0.68 1.007 1.412 2.476 4.233
EBITDA - - - 0.497 1.312
EBIT 1 0.388 0.719 0.151 0.494 1.306
Operating Margin 57.06% 71.4% 10.69% 19.95% 30.85%
Earnings before Tax (EBT) 1 0.771 0.534 0.357 3.019 1.013
Net income 1 0.763 0.528 0.358 3.021 1.013
Net margin 112.21% 52.43% 25.35% 122.01% 23.93%
EPS 2 0.0635 0.0326 0.0153 0.1292 0.0433
Free Cash Flow 1 -0.4599 -4.89 11.24 -3.565 -4.902
FCF margin -67.63% -485.65% 796.39% -143.99% -115.81%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - 3,141.06% - -
Dividend per Share - - - - -
Announcement Date 4/27/18 4/30/19 4/4/22 4/4/22 4/28/23
1BGN in Million2BGN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2020 2021 2022
Net Debt 1 46.7 43.9 44.5 38.9 31.4
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - - - 78.32 x 23.93 x
Free Cash Flow 1 -0.46 -4.89 11.2 -3.57 -4.9
ROE (net income / shareholders' equity) 3.44% 1.97% 0.8% 6.56% 2.11%
ROA (Net income/ Total Assets) 0.4% 0.58% 0.1% 0.34% 0.89%
Assets 1 188.9 90.29 346.6 892.2 113.2
Book Value Per Share 2 1.640 1.670 1.900 2.030 2.080
Cash Flow per Share 2 0.0100 0.0300 0.0100 0.0200 0.0200
Capex - - - - -
Capex / Sales - - - - -
Announcement Date 4/27/18 4/30/19 4/4/22 4/4/22 4/28/23
1BGN in Million2BGN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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