Balkan and Sea Properties Reit-Varna (XBUL:BSP) EV-to-EBITDA: 82.87 (As of Sep. 02, 2026) — 16% 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-EBITDA?

Balkan and Sea Properties Reit-Varna XBUL:BSP 39 EV-to-EBITDA is 82.87 as of Sep. 02, 2026, which is 16% below its 10-year median of 98.22. GuruFocus rates XBUL:BSP with a GF Score™ of 39/100. The stock has 6 warning signs investors should review. Among 666 REITs companies, Balkan and Sea Properties Reit-Varna ranks worse than 97.45% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Balkan and Sea Properties Reit-Varna's enterprise value is €109.39 Mil. Balkan and Sea Properties Reit-Varna's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €1.32 Mil. Therefore, Balkan and Sea Properties Reit-Varna's EV-to-EBITDA for today is 82.87.

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

XBUL:BSP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 29.93   Med: 98.22   Max: 1160.7
Current: 82.87

During the past 13 years, the highest EV-to-EBITDA of Balkan and Sea Properties Reit-Varna was 1160.70. The lowest was 29.93. And the median was 98.22.

XBUL:BSP's EV-to-EBITDA is ranked worse than
97.45% of 666 companies
in the REITs industry
Industry Median: 15.125 vs XBUL:BSP: 82.87

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-02), Balkan and Sea Properties Reit-Varna's stock price is €13.00. Balkan and Sea Properties Reit-Varna's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.074. Therefore, Balkan and Sea Properties Reit-Varna's PE Ratio (TTM) for today is 175.68.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Balkan and Sea Properties Reit-Varna's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.00/0.074
=175.68

Balkan and Sea Properties Reit-Varna's share price for today is €13.00.
Balkan and Sea Properties Reit-Varna's Earnings per Share (Diluted) 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 €0.074.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


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


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

* Premium members only.

The historical data trend for Balkan and Sea Properties Reit-Varna's EV-to-EBITDA 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-EBITDA Chart

Balkan and Sea Properties Reit-Varna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.33 76.04 142.49 97.85 135.86

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-EBITDA 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 91.61 284.90 335.93 135.86 81.82

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

For the REIT - Diversified subindustry, Balkan and Sea Properties Reit-Varna's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs REITs Industry

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

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


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

Balkan and Sea Properties Reit-Varna EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=109.390/1.32
=82.87

Balkan and Sea Properties Reit-Varna's current Enterprise Value is €109.39 Mil.
Balkan and Sea Properties Reit-Varna's EBITDA 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 €1.32 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-EBITDA →
What does a EV-to-EBITDA of 82.87 mean?
Balkan and Sea Properties Reit-Varna (XBUL:BSP) has a EV-to-EBITDA of 82.87 as of Sep. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Balkan and Sea Properties Reit-Varna. This is 16% below median its historical median of 98.22. Over the past decade, Balkan and Sea Properties Reit-Varna's EV-to-EBITDA has ranged from 29.93 to 1,160.70. According to the industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #649 out of 666 companies in the REITs industry, placing it in the top 97.4%.
Is Balkan and Sea Properties Reit-Varna's EV-to-EBITDA too high?
Balkan and Sea Properties Reit-Varna's current EV-to-EBITDA of 82.87 is 16% below median its 10-year median of 98.22. Over the past 10 years, this metric has ranged from a low of 29.93 to a high of 1,160.70. The REITs industry median EV-to-EBITDA is 15.13. Balkan and Sea Properties Reit-Varna's value of 82.87 is 447.9% above this industry median. Based on the distribution chart, Balkan and Sea Properties Reit-Varna ranks #649 out of 666 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-EBITDA compare to VICI and WPC?
According to the REITs industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #649 out of 666 companies for EV-to-EBITDA. This places Balkan and Sea Properties Reit-Varna in the lower half of its industry. The industry median EV-to-EBITDA is 15.13. Balkan and Sea Properties Reit-Varna's value of 82.87 is 447.9% above this benchmark. Historically, Balkan and Sea Properties Reit-Varna's own EV-to-EBITDA has ranged from 29.93 to 1,160.70 over the past decade. While the company's 10-year median is 98.22 vs. the industry median of 15.13, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.13, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA of 82.87 is 447.9% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Balkan and Sea Properties Reit-Varna. For the REITs industry, the median EV-to-EBITDA is 15.13 — 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-EBITDA is 82.87, which is 16% below median its own 10-year median of 98.22. 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-EBITDA of 82.87. The current EV-to-EBITDA is 82.87, which is 16% below median its 10-year median of 98.22 and 447.9% above the REITs industry median of 15.13. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (XBUL:BSP), the current EV-to-EBITDA is 82.87 as of Sep. 02, 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-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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