Balkan and Sea Properties Reit-Varna (XBUL:BSP) EV-to-EBIT: 83.57 (As of Aug. 31, 2026) — 17% Below Median

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XBUL:BSP Balkan and Sea Properties Reit-Varna XBUL:BSP
39 GF Score
Price €13.00
! 6 Warning Signs
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What is Balkan and Sea Properties Reit-Varna EV-to-EBIT?

Balkan and Sea Properties Reit-Varna XBUL:BSP 39 EV-to-EBIT is 83.57 as of Aug. 31, 2026, which is 17% below its 10-year median of 100.50. GuruFocus rates XBUL:BSP with a GF Score™ of 39/100. The stock has 6 warning signs investors should review. Among 652 REITs companies, Balkan and Sea Properties Reit-Varna ranks worse than 95.71% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Balkan and Sea Properties Reit-Varna's Enterprise Value is €109.39 Mil. Balkan and Sea Properties Reit-Varna's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1.31 Mil. Therefore, Balkan and Sea Properties Reit-Varna's EV-to-EBIT for today is 83.57.

The historical rank and industry rank for Balkan and Sea Properties Reit-Varna's EV-to-EBIT or its related term are showing as below:

XBUL:BSP' s EV-to-EBIT Range Over the Past 10 Years
Min: 30.36   Med: 100.5   Max: 1820.19
Current: 83.57

During the past 13 years, the highest EV-to-EBIT of Balkan and Sea Properties Reit-Varna was 1820.19. The lowest was 30.36. And the median was 100.50.

XBUL:BSP's EV-to-EBIT is ranked worse than
95.71% of 652 companies
in the REITs industry
Industry Median: 17.915 vs XBUL:BSP: 83.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Balkan and Sea Properties Reit-Varna's Enterprise Value for the quarter that ended in Mar. 2026 was €108.00 Mil. Balkan and Sea Properties Reit-Varna's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €1.31 Mil. Balkan and Sea Properties Reit-Varna's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.21%.


Balkan and Sea Properties Reit-Varna  (XBUL:BSP) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Balkan and Sea Properties Reit-Varna's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=1.309/108.003
=1.21 %

Balkan and Sea Properties Reit-Varna's Enterprise Value for the quarter that ended in Mar. 2026 was €108.00 Mil.
Balkan and Sea Properties Reit-Varna's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.31 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Balkan and Sea Properties Reit-Varna EV-to-EBIT Related Terms


Balkan and Sea Properties Reit-Varna EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Balkan and Sea Properties Reit-Varna's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Balkan and Sea Properties Reit-Varna EV-to-EBIT Chart

Balkan and Sea Properties Reit-Varna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.00 77.72 146.84 98.48 137.04

Balkan and Sea Properties Reit-Varna Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.16 289.71 342.66 137.04 82.51

XBUL:BSP vs VICI, WPC: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Balkan and Sea Properties Reit-Varna EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Balkan and Sea Properties Reit-Varna's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Balkan and Sea Properties Reit-Varna's EV-to-EBIT falls into.


XBUL:BSP
39GF Score
Balkan and Sea Properties Reit-Varna XBUL:BSP
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Balkan and Sea Properties Reit-Varna EV-to-EBIT Calculation

Balkan and Sea Properties Reit-Varna's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=109.390/1.309
=83.57

Balkan and Sea Properties Reit-Varna's current Enterprise Value is €109.39 Mil.
Balkan and Sea Properties Reit-Varna's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.31 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 83.57 mean?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a EV-to-EBIT of 83.57 as of Aug. 31, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. This is 17% below median its historical median of 100.50. Over the past decade, Balkan and Sea Properties Reit-Varna's EV-to-EBIT has ranged from 30.36 to 1,820.19. According to the industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #624 out of 652 companies in the REITs industry, placing it in the top 95.7%.
Is Balkan and Sea Properties Reit-Varna's EV-to-EBIT too high?
Balkan and Sea Properties Reit-Varna's current EV-to-EBIT of 83.57 is 17% below median its 10-year median of 100.50. Over the past 10 years, this metric has ranged from a low of 30.36 to a high of 1,820.19. The REITs industry median EV-to-EBIT is 17.92. Balkan and Sea Properties Reit-Varna's value of 83.57 is 366.5% above this industry median. Based on the distribution chart, Balkan and Sea Properties Reit-Varna ranks #624 out of 652 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Balkan and Sea Properties Reit-Varna has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Balkan and Sea Properties Reit-Varna's EV-to-EBIT compare to VICI and WPC?
According to the REITs industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #624 out of 652 companies for EV-to-EBIT. This places Balkan and Sea Properties Reit-Varna in the lower half of its industry. The industry median EV-to-EBIT is 17.92. Balkan and Sea Properties Reit-Varna's value of 83.57 is 366.5% above this benchmark. Historically, Balkan and Sea Properties Reit-Varna's own EV-to-EBIT has ranged from 30.36 to 1,820.19 over the past decade. While the company's 10-year median is 100.50 vs. the industry median of 17.92, Balkan and Sea Properties Reit-Varna has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 17.92, based on 652 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balkan and Sea Properties Reit-Varna's current EV-to-EBIT of 83.57 is 366.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. For the REITs industry, the median EV-to-EBIT is 17.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balkan and Sea Properties Reit-Varna's current EV-to-EBIT is 83.57, which is 17% below median its own 10-year median of 100.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkan and Sea Properties Reit-Varna stock overvalued right now?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a current EV-to-EBIT of 83.57. The current EV-to-EBIT is 83.57, which is 17% below median its 10-year median of 100.50 and 366.5% above the REITs industry median of 17.92. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (XBUL:BSP), the current EV-to-EBIT is 83.57 as of Aug. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Balkan and Sea Properties Reit-Varna Business Description

Industry Real EstateREITs
Address 14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.
39GF Score

Get the complete analysis for XBUL:BSP

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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