Black Sea Property AS (OSL:BSP) Enterprise Value: kr233.19 Mil (As of Jun. 30, 2026) ***


OSL:BSP Black Sea Property AS OSL:BSP
15 GF Score
Price kr3.56
GF Value kr7.77
Valuation Possible Value Trap
! 7 Warning Signs
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What is Black Sea Property AS Enterprise Value?

Black Sea Property AS OSL:BSP 15 Enterprise Value is kr233.19 Mil as of Jun. 30, 2026. GuruFocus rates OSL:BSP with a GF Score™ of 15/100 and a GF Value™ of kr7.77 (Possible Value Trap). The stock has 7 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, Black Sea Property AS's Enterprise Value is kr233.19 Mil. Black Sea Property AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-101.16 Mil. Therefore, Black Sea Property AS's EV-to-EBIT ratio for today is -2.31.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Black Sea Property AS's Enterprise Value is kr233.19 Mil. Black Sea Property AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-91.33 Mil. Therefore, Black Sea Property AS's EV-to-EBITDA ratio for today is -2.55.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Black Sea Property AS's Enterprise Value is kr233.19 Mil. Black Sea Property AS's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was kr5.20 Mil. Therefore, Black Sea Property AS's EV-to-Revenue ratio for today is 44.84.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Black Sea Property AS's Enterprise Value is kr233.19 Mil. Black Sea Property AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.39 Mil. Therefore, Black Sea Property AS's EV-to-OCF ratio for today is -36.52.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Black Sea Property AS's Enterprise Value is kr233.19 Mil. Black Sea Property AS's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.39 Mil. Therefore, Black Sea Property AS's EV-to-FCF ratio for today is -36.52.

*** 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.


Black Sea Property AS  (OSL:BSP) 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.

Black Sea Property AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=233.185/-101.158
=-2.31

Black Sea Property AS's current Enterprise Value is kr233.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Black Sea Property AS's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was kr-101.16 Mil.

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

Black Sea Property AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=233.185/-91.326
=-2.55

Black Sea Property AS's current Enterprise Value is kr233.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Black Sea Property AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr-91.33 Mil.

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

Black Sea Property AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=233.185/5.2
=44.84

Black Sea Property AS's current Enterprise Value is kr233.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Black Sea Property AS's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was kr5.20 Mil.

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

Black Sea Property AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=233.185/-6.385
=-36.52

Black Sea Property AS's current Enterprise Value is kr233.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Black Sea Property AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.39 Mil.

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

Black Sea Property AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=233.185/-6.385
=-36.52

Black Sea Property AS's current Enterprise Value is kr233.19 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Black Sea Property AS's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.39 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.


Black Sea Property AS Enterprise Value Related Terms


Black Sea Property AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for Black Sea Property AS'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.

Black Sea Property AS Enterprise Value Chart

Black Sea Property AS 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 147.89 139.33 154.65 198.17 239.69

Black Sea Property AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 154.65 183.82 198.17 249.86 239.69

OSL:BSP vs MAR, HLT, H: Enterprise Value Comparison

For the Lodging subindustry, Black Sea Property AS'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.


Black Sea Property AS Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Black Sea Property AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Black Sea Property AS's Enterprise Value falls into.


OSL:BSP
15GF Score
Black Sea Property AS OSL:BSP
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Sea Property AS 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.

Black Sea Property AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Black Sea Property AS's Enterprise Value for the quarter that ended in Dec. 2025 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 kr233.19 Mil mean?
Black Sea Property AS (OSL:BSP) has a Enterprise Value of kr233.19 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Black Sea Property AS and its competitors.
Is Black Sea Property AS's Enterprise Value too high?
Black Sea Property AS's current Enterprise Value is kr233.19 Mil. Overall, Black Sea Property AS has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Sea Property AS's Enterprise Value compare to MAR and HLT?
Black Sea Property AS's Enterprise Value of kr233.19 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure 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 Black Sea Property AS and its competitors. Black Sea Property AS's current Enterprise Value is kr233.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Sea Property AS stock overvalued right now?
Based on GuruFocus' analysis, Black Sea Property AS (OSL:BSP) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.77, compared to a current price of kr3.56 — trading 54.2% below its estimated fair value. The current Enterprise Value is kr233.19 Mil. Black Sea Property AS's overall GF Score™ is 15/100 with 7 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 Black Sea Property AS (OSL:BSP), the current Enterprise Value is kr233.19 Mil as of Jun. 30, 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 Black Sea Property AS (OSL:BSP) Overvalued in 2026?

Based on GuruFocus' analysis, Black Sea Property AS stock appears to be undervalued. The current stock price of kr3.56 is trading 54.2% below its estimated GF Value™ of kr7.77. GuruFocus considers Black Sea Property AS to be Possible Value Trap.

Key valuation signals for OSL:BSP:

  • Enterprise Value: kr233.19 Mil
  • GF Value™: kr7.77 vs. price of kr3.56 (54.2% below fair value)
  • GF Score™: 15/100 with 7 warning signs

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


Black Sea Property AS Business Description

Address Sagveien 23 A, Box 46 Torshov, Oslo, NOR, 0459
Black Sea Property AS is engaged in the lodging business.
15GF Score

Get the complete analysis for OSL:BSP

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

kr3.56
Price
kr7.77
GF Value