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Black Sea PropertyAQSE:BSP EV-to-FCF is 25.24 as of Aug. 03, 2026. The stock has 8 warning signs investors should review. Among 1,089 Real Estate companies, Black Sea Property ranks worse than 60.97% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Black Sea Property's Enterprise Value is €78.13 Mil.
Black Sea Property's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €3.10 Mil. Therefore, Black Sea Property's EV-to-FCF for today is 25.24.
The historical rank and industry rank for Black Sea Property's EV-to-FCF or its related term are showing as below:
AQSE:BSP'
s EV-to-FCF Range Over the Past 10 Years
Min: -75.92 Med: -16.65 Max: 25.24
Current: 25.24
During the past 10 years, the highest EV-to-FCF of Black Sea Property was 25.24. The lowest was -75.92. And the median was -16.65.
AQSE:BSP's EV-to-FCF is ranked worse than 60.97% of 1089
companies
in the Real Estate industry
Industry Median: 18.89
vs AQSE:BSP: 25.24
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Black Sea Property (AQSE:BSP) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Black Sea Property's PE Ratio (TTM) for today is calculated as:
Black Sea Property's share price for today is €0.02.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Black Sea Property's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.000.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Black Sea Property EV-to-FCF Related Terms
Black Sea Property EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Black Sea Property's EV-to-FCF 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.
For the Real Estate Services subindustry, Black Sea Property's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Black Sea Property's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Black Sea Property's EV-to-FCF falls into.
Black Sea Property's current Enterprise Value is €78.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Black Sea Property's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €3.10 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 (AQSE:BSP) has a EV-to-FCF of 25.24 as of Aug. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Black Sea Property and its competitors. According to the industry distribution chart, Black Sea Property ranks #664 out of 1089 companies in the Real Estate industry, placing it in the top 61%.
Is Black Sea Property's EV-to-FCF too high?
Black Sea Property's current EV-to-FCF is 25.24. The Real Estate industry median EV-to-FCF is 18.89. Black Sea Property's value of 25.24 is 33.6% above this industry median. Based on the distribution chart, Black Sea Property ranks #664 out of 1089 companies in the Real Estate industry, which is below the industry midpoint.
How does Black Sea Property's EV-to-FCF compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Black Sea Property ranks #664 out of 1089 companies for EV-to-FCF. This places Black Sea Property in the lower half of its industry. The industry median EV-to-FCF is 18.89. Black Sea Property's value of 25.24 is 33.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Real Estate company?
The median EV-to-FCF among Real Estate companies is 18.89, based on 1,089 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Black Sea Property's current EV-to-FCF of 25.24 is 33.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Black Sea Property and its competitors. For the Real Estate industry, the median EV-to-FCF is 18.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Sea Property's current EV-to-FCF is 25.24. 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 stock overvalued right now?
Based on GuruFocus' analysis, Black Sea Property (AQSE:BSP) is currently considered Fairly Valued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading right at its estimated fair value. The current EV-to-FCF is 25.24 and 33.6% above the Real Estate industry median of 18.89. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Black Sea Property (AQSE:BSP), the current EV-to-FCF is 25.24 as of Aug. 03, 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.
Black Sea Property PLC is a real estate company focused on investments in Bulgaria. It seeks to generate capital gains through development, financing and sale of property in Bulgaria, including the prime areas of Bulgaria's Black Sea coast, the ski resorts and the capital, Sofia. The Board is seeking to create a diverse portfolio of opportunistic and value-added Bulgarian real estate assets, including development land, partially completed construction projects and completed buildings.
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