Balkan and Sea Properties Reit-Varna (LTS:0HZU) Net Margin %: -36.28% (As of Mar. 2026)


LTS:0HZU Balkan and Sea Properties Reit-Varna LTS:0HZU
53 GF Score
Price лв17.00
GF Value лв194.53
! 6 Warning Signs
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What is Balkan and Sea Properties Reit-Varna Net Margin %?

Balkan and Sea Properties Reit-Varna LTS:0HZU 53 Net Margin % is -36.28% as of Mar. 2026. GuruFocus rates LTS:0HZU with a GF Score™ of 53/100 and a GF Value™ of лв194.53. The stock has 6 warning signs investors should review. Among 932 REITs companies, Balkan and Sea Properties Reit-Varna ranks worse than 67.17% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Balkan and Sea Properties Reit-Varna's Net Income for the three months ended in Mar. 2026 was лв-0.40 Mil. Balkan and Sea Properties Reit-Varna's Revenue for the three months ended in Mar. 2026 was лв1.11 Mil. Therefore, Balkan and Sea Properties Reit-Varna's net margin for the quarter that ended in Mar. 2026 was -36.28%.

The historical rank and industry rank for Balkan and Sea Properties Reit-Varna's Net Margin % or its related term are showing as below:

LTS:0HZU' s Net Margin % Range Over the Past 10 Years
Min: 8.99   Med: 81.12   Max: 3183.33
Current: 25.51


LTS:0HZU's Net Margin % is ranked worse than
67.17% of 932 companies
in the REITs industry
Industry Median: 45.23 vs LTS:0HZU: 25.51

Balkan and Sea Properties Reit-Varna  (LTS:0HZU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Balkan and Sea Properties Reit-Varna Net Margin % Related Terms


Balkan and Sea Properties Reit-Varna Net Margin % Historical Data

* Premium members only.

The historical data trend for Balkan and Sea Properties Reit-Varna's Net Margin % 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 Net Margin % Chart

Balkan and Sea Properties Reit-Varna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,134.78 882.61 90.73 31.03 19.32

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
Net Margin % 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 -13.87 200.37 -9.46 118.83 -36.28

LTS:0HZU vs VICI, WPC: Net Margin % Comparison

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

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

* The bar in red indicates where Balkan and Sea Properties Reit-Varna's Net Margin % falls into.


LTS:0HZU
53GF Score
Balkan and Sea Properties Reit-Varna LTS:0HZU
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Balkan and Sea Properties Reit-Varna Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Balkan and Sea Properties Reit-Varna's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1.075/5.563
=19.32 %

Balkan and Sea Properties Reit-Varna's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-0.402/1.108
=-36.28 %

* 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 Net Margin % →
What does a Net Margin % of -36.28% mean?
Balkan and Sea Properties Reit-Varna (LTS:0HZU) has a Net Margin % of -36.28% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. Over the past decade, Balkan and Sea Properties Reit-Varna's Net Margin % has ranged from 8.99 to 3,183.33. According to the industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #626 out of 932 companies in the REITs industry, placing it in the top 67.2%.
Is Balkan and Sea Properties Reit-Varna's Net Margin % too high?
Balkan and Sea Properties Reit-Varna's current Net Margin % is -36.28%. Over the past 10 years, this metric has ranged from a low of 8.99 to a high of 3,183.33. Based on the distribution chart, Balkan and Sea Properties Reit-Varna ranks #626 out of 932 companies in the REITs industry, which is below the industry midpoint. Overall, Balkan and Sea Properties Reit-Varna has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Balkan and Sea Properties Reit-Varna's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Balkan and Sea Properties Reit-Varna ranks #626 out of 932 companies for Net Margin %. This places Balkan and Sea Properties Reit-Varna in the lower half of its industry. The industry median Net Margin % is 45.23. Historically, Balkan and Sea Properties Reit-Varna's own Net Margin % has ranged from 8.99 to 3,183.33 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Balkan and Sea Properties Reit-Varna and its competitors. For the REITs industry, the median Net Margin % is 45.23 — 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 Net Margin % is -36.28%. 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 (LTS:0HZU) has a current Net Margin % of -36.28%. The stock's GF Value™ is лв194.53, compared to a current price of лв17.00 — trading 91.3% below its estimated fair value. The current Net Margin % is -36.28%. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (LTS:0HZU), the current Net Margin % is -36.28% as of Mar. 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 Balkan and Sea Properties Reit-Varna (LTS:0HZU) Overvalued in 2026?

Based on GuruFocus' analysis, Balkan and Sea Properties Reit-Varna stock appears to be undervalued. The current stock price of лв17.00 is trading 91.3% below its estimated GF Value™ of лв194.53.

Key valuation signals for LTS:0HZU:

  • Net Margin %: -36.28%
  • GF Value™: лв194.53 vs. price of лв17.00 (91.3% below fair value)
  • GF Score™: 53/100 with 6 warning signs

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


Balkan and Sea Properties Reit-Varna Business Description

Industry Real EstateREITs
Other Exchanges BSP:Bulgaria
Address 14 General Kolev Boulevard, Varna, BGR, 9000
Balkan and Sea Properties Reit-Varna is a real estate investment trust.
53GF Score

Get the complete analysis for LTS:0HZU

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

лв17.00
Price
лв194.53
GF Value