Valuation Baltic Sea Properties

Stocks

Market Closed - Oslo Bors 18:45:00 28/10/2026 +03			5-day change	1st Jan Change
49.80 ^NOK	0.00%		+0.81%	+1.63%

09-10	Baltic Sea Properties Launches Up to NOK2.5 Million Share Buyback	MT
09-10	Baltic Sea Properties AS (OB:BALT) commences an Equity Buyback Plan for representing 10% of its issued share capital, under the authorization approved on May 12, 2026.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	300.1	337	333.9	316.5	434.4	425.9
Change	-	12.31%	-0.92%	-5.2%	37.23%	-1.95%
Enterprise Value (EV) ¹	641.2	694.2	915.8	959.3	1,071	1,118
Change	-	8.26%	31.91%	4.76%	11.66%	4.33%
P/E	20.3x	11.6x	7.11x	10.9x	7.85x	9.3x
PBR	1.45x	1.56x	0.82x	0.7x	0.71x	0.66x
PEG	-	0.1x	0.1x	-0.3x	0.2x	-0.5x
Capitalization / Revenue	4.85x	5.28x	4.8x	3.47x	4.51x	4.03x
EV / Revenue	10.4x	10.9x	13.2x	10.5x	11.1x	10.6x
EV / EBITDA	13.9x	14.9x	19.9x	14.5x	15.3x	15.1x
EV / EBIT	32.4x	29x	20.1x	14.6x	15.4x	15.2x
EV / FCF	-5.86x	36.1x	42.9x	58.8x	28.2x	41.7x
FCF Yield	-17.1%	2.77%	2.33%	1.7%	3.55%	2.4%
Dividend per Share ²	1.5	1.5	-	1.75	2	2
Rate of return	3.33%	2.97%	-	3.69%	4%	4.08%
EPS ²	2.22	4.34	7.035	4.338	6.368	5.27
Distribution rate	67.6%	34.6%	-	40.3%	31.4%	38%
Net sales ¹	61.87	63.8	69.52	91.29	96.41	105.6
EBITDA ¹	46.15	46.51	45.95	66.19	70.08	73.79
EBIT ¹	19.78	23.96	45.59	65.88	69.76	73.5
Net income ¹	14.8	28.96	46.98	28.97	55.32	45.82
Net Debt ¹	341.2	357.2	581.9	642.8	636.8	691.7
Reference price ²	45.00	50.50	50.00	47.40	50.00	49.00
Nbr of stocks (in thousands)	6,668	6,673	6,678	6,678	8,687	8,692
Announcement Date	3/26/21 A	4/27/22 A	4/19/23 A	4/11/24 A	4/11/25 A	4/16/26 A

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BALTIC SEA PROPERTIES	-	-	-	-	46.1M
VINGROUP	64.94x	-	-	-	69.72B
SUN HUNG KAI PROPERTIES LIMITED	12.56x	4.4x	11.29x	3.83%	39.78B
MITSUBISHI ESTATE CO., LTD.	18.68x	4.05x	16.29x	1.31%	28.81B
MITSUI FUDOSAN CO., LTD.	14.58x	3.16x	15.14x	2.4%	26.9B
CHINA RESOURCES LAND LIMITED	8.07x	1.47x	8.25x	4.39%	26.87B
EMAAR PROPERTIES	5.7x	0.76x	1.57x	8.68%	27.72B
VINHOMES	8.52x	3.02x	7.05x	-.--%	20.19B
CK ASSET HOLDINGS LIMITED	10.26x	2.01x	7.76x	4.09%	20.62B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	13.34x	6.46x	16.98x	1.63%	19.11B
Average	17.40x	3.17x	10.54x	3.29%	27.98B
Weighted average by Cap.	24.92x	3.16x	10.56x	3.47%