BSP — Black Sea Property AS

BSPBlack Sea Property AS

OSL · NO · Consumer Cyclical · Lodging · blackseaproperty.no

3.240NOK-1.82%Mkt Cap: 14.96M NOKP/E: —Last update: 2026-06-01

Black Sea Property AS engages in the operation of holiday resort under the Aheloy Beach Resort name in Bulgaria. It is also involved in real estate investment; and property development and rental businesses. The company …

Industry Peers

Lodging

MAR

Marriott International, Inc.

99.48BUSDP/E 39.5

HLT

Hilton Worldwide Holdings Inc.

75.50BUSDP/E 50.6

IHG

InterContinental Hotels Group PLC

22.75BUSDP/E 31.4

SHOT

Scandic Hotels Group AB (publ)

19.00BSEKP/E 29.6

Hyatt Hotels Corporation

17.40BUSD—

KSTUR

Kustur Kusadasi Turizm Endüstrisi A.S.

12.86BTRYP/E 9774.2

MAALT

Marmaris Altinyunus Turistik Tesisler A.S.

11.02BTRYP/E 304.5

Accor SA

10.68BEURP/E 28.1

Indicators:|

Key Statistics

Company

Market Cap14.96M NOK

Enterprise Value—

Revenue (TTM)10.16M NOK

Gross Profit6.40M NOK

Net Income (TTM)-15.97M NOK

Revenue/Share2.818 NOK

Last Price3.240 NOK

Fiscal Year EndDec 2024

MR QuarterJun 2025

Employees1

CountryNO

SectorConsumer Cyclical

IndustryLodging

ISIN—

Valuation

P/E (Trailing)—

P/E (Forward)—

PEG—

EV/EBITDA—

EV/Revenue—

P/S1.50

P/B0.08

EPS (TTM)-2.49

EPS (Forward)—

52W Range

2.9201% of range59.44

52W High59.44 NOK

52W Low2.920 NOK

Profitability

Gross Margin90.52%

Oper. Margin-83.47%

EBITDA Margin59.70%

Profit Margin-225.74%

ROE-14.56%

ROA-4.22%

Growth

Revenue Growth525.70%

Earnings Growth—

Cash Flow & Leverage

Operating CF-10.05M NOK

CapEx (TTM)9.24M NOK

FCF Margin25.28%

FCF Yield17.17%

Net Debt—

Net Debt/EBITDA—

Balance Sheet

Debt/Equity1.11

Current Ratio0.68

Quick Ratio0.66

Book Value/Sh43.69 NOK

Cash/Share—

Dividends

Fwd Div Rate—

Trail. Div Rate0.0000 NOK

Div. Yield—

5Y Avg Yield—

Payout Ratio0.00%

Ex-Div Date—

Pay Date—

Splits

Last Split1:100

Split DateNov 5, 2025

Analyst Consensus

Rating—

Target (Mean)—

Target Range—

# Analysts—

Ownership

Shares Out.4.62M

Float1.53M

Insiders34.23%

Institutions0.00%

Technical

SMA 503.520 (-8.0%)

SMA 2005.205 (-37.7%)

Beta0.52

S&P 52W Chg27.70%

Avg Vol (30d)2.43K

Avg Vol (10d)1.80K

Technical Indicators

RSI (14)46.3

MACD-0.0042

MACD Signal-0.0295

MACD Hist.+0.0254

BB Upper4.424 NOK

BB Middle3.616 NOK

BB Lower2.808 NOK

BB Width44.71%

ATR (14)0.2435 NOK

Vol Ratio (20d)0.04x