Aktiv Properties REIT (LTS:0N12) Enterprise Value: лв71.90 Mil (As of Jul. 21, 2026) ***

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0N12 Aktiv Properties REIT LTS:0N12
36 GF Score
Price лв7.75
GF Value лв10.88
! 4 Warning Signs
View Full Analysis

What is Aktiv Properties REIT Enterprise Value?

Aktiv Properties REIT LTS:0N12 36 Enterprise Value is лв71.90 Mil as of Jul. 21, 2026. GuruFocus rates LTS:0N12 with a GF Score™ of 36/100 and a GF Value™ of лв10.88. The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aktiv Properties REIT's Enterprise Value is лв71.90 Mil. Aktiv Properties REIT's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was лв7.02 Mil. Therefore, Aktiv Properties REIT's EV-to-EBIT ratio for today is 10.25.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Aktiv Properties REIT's Enterprise Value is лв71.90 Mil. Aktiv Properties REIT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was лв7.02 Mil. Therefore, Aktiv Properties REIT's EV-to-EBITDA ratio for today is 10.24.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Aktiv Properties REIT's Enterprise Value is лв71.90 Mil. Aktiv Properties REIT's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was лв0.22 Mil. Therefore, Aktiv Properties REIT's EV-to-Revenue ratio for today is 321.00.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Aktiv Properties REIT's Enterprise Value is лв71.90 Mil. Aktiv Properties REIT's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was лв5.30 Mil. Therefore, Aktiv Properties REIT's EV-to-OCF ratio for today is 13.57.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Aktiv Properties REIT's Enterprise Value is лв71.90 Mil. Aktiv Properties REIT's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was лв5.30 Mil. Therefore, Aktiv Properties REIT's EV-to-FCF ratio for today is 13.57.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Aktiv Properties REIT  (LTS:0N12) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Aktiv Properties REIT's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=71.904/7.016
=10.25

Aktiv Properties REIT's current Enterprise Value is лв71.90 Mil.
Aktiv Properties REIT'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 лв7.02 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Aktiv Properties REIT's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=71.904/7.02
=10.24

Aktiv Properties REIT's current Enterprise Value is лв71.90 Mil.
Aktiv Properties REIT'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 лв7.02 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Aktiv Properties REIT's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=71.904/0.224
=321.00

Aktiv Properties REIT's current Enterprise Value is лв71.90 Mil.
Aktiv Properties REIT's Revenue 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 лв0.22 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Aktiv Properties REIT's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=71.904/5.3
=13.57

Aktiv Properties REIT's current Enterprise Value is лв71.90 Mil.
Aktiv Properties REIT's Cash Flow from Operations 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 лв5.30 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Aktiv Properties REIT's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=71.904/5.3
=13.57

Aktiv Properties REIT's current Enterprise Value is лв71.90 Mil.
Aktiv Properties REIT's Free Cash Flow 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 лв5.30 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.


Aktiv Properties REIT Enterprise Value Related Terms


Aktiv Properties REIT Enterprise Value Historical Data

* Premium members only.

The historical data trend for Aktiv Properties REIT's Enterprise Value 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.

Aktiv Properties REIT Enterprise Value Chart

Aktiv Properties REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.69 46.46 53.99 52.32 79.85

Aktiv Properties REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 53.62 82.78 79.72 79.85 79.37

LTS:0N12 vs BXP, ARE, VNO: Enterprise Value Comparison

For the REIT - Office subindustry, Aktiv Properties REIT's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Aktiv Properties REIT Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Aktiv Properties REIT's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Aktiv Properties REIT's Enterprise Value falls into.


LTS:0N12
36GF Score
Aktiv Properties REIT LTS:0N12
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aktiv Properties REIT Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Aktiv Properties REIT's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Aktiv Properties REIT's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of лв71.90 Mil mean?
Aktiv Properties REIT (LTS:0N12) has a Enterprise Value of лв71.90 Mil as of Jul. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Aktiv Properties REIT and its competitors.
Is Aktiv Properties REIT's Enterprise Value too high?
Aktiv Properties REIT's current Enterprise Value is лв71.90 Mil. Overall, Aktiv Properties REIT has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Aktiv Properties REIT's Enterprise Value compare to BXP and ARE?
Aktiv Properties REIT's Enterprise Value of лв71.90 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Aktiv Properties REIT and its competitors. Aktiv Properties REIT's current Enterprise Value is лв71.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aktiv Properties REIT stock overvalued right now?
Aktiv Properties REIT (LTS:0N12) has a current Enterprise Value of лв71.90 Mil. The stock's GF Value™ is лв10.88, compared to a current price of лв7.75 — trading 28.8% below its estimated fair value. The current Enterprise Value is лв71.90 Mil. Aktiv Properties REIT's overall GF Score™ is 36/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Aktiv Properties REIT (LTS:0N12), the current Enterprise Value is лв71.90 Mil as of Jul. 21, 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.

Is Aktiv Properties REIT (LTS:0N12) Overvalued in 2026?

Based on GuruFocus' analysis, Aktiv Properties REIT stock appears to be undervalued. The current stock price of лв7.75 is trading 28.8% below its estimated GF Value™ of лв10.88.

Key valuation signals for LTS:0N12:

  • Enterprise Value: лв71.90 Mil
  • GF Value™: лв10.88 vs. price of лв7.75 (28.8% below fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the LTS:0N12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aktiv Properties REIT Business Description

Industry Real EstateREITs
Other Exchanges AKTV:Bulgaria
Address 101 Tsarigradsko Shosse Boulevard, Floor 4, Sofia, BGR
Aktiv Properties REIT is a joint stock company with special investment purpose of securitization of real estate. It carries out the business of investing cash resources, raised by issuing securities into real estates.
36GF Score

Get the complete analysis for LTS:0N12

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

лв7.75
Price
лв10.88
GF Value