Balkan and Sea Properties Reit-Varna (LTS:0HZU) ROCE %: -0.33% (As of Mar. 2026)

What is Balkan and Sea Properties Reit-Varna ROCE %?

Balkan and Sea Properties Reit-Varna LTS:0HZU 54 ROCE % is -0.33% as of Mar. 2026. GuruFocus rates LTS:0HZU with a GF Score™ of 54/100 and a GF Value™ of лв194.53. The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Balkan and Sea Properties Reit-Varna's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.33%.

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

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Balkan and Sea Properties Reit-Varna ROCE % Related Terms

Balkan and Sea Properties Reit-Varna ROCE % Historical Data

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

Balkan and Sea Properties Reit-Varna Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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2.33

4.14

2.39

3.50

2.95

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
ROCE %	Get a 7-Day Free Trial															0.29	3.88	0.88	6.35	-0.33

54GF Score

Balkan and Sea Properties Reit-Varna LTS:0HZU

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Balkan and Sea Properties Reit-Varna ROCE % Calculation

Balkan and Sea Properties Reit-Varna's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	2.744	/	( ( (102.848 - 11.436)	+	(106.872 - 12.353) )	/ 2 )
	=	2.744	/	( (91.412	+	94.519)	/ 2 )
	=	2.744	/	92.9655
	=	2.95 %

Balkan and Sea Properties Reit-Varna's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-0.312	/	( ( (106.872 - 12.353)	+	(105.296 - 12.671) )	/ 2 )
	=	-0.312	/	( ( 94.519	+	92.625 )	/ 2 )
	=	-0.312	/	93.572
	=	-0.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.33% mean?

Balkan and Sea Properties Reit-Varna (LTS:0HZU) has a ROCE % of -0.33% as of Mar. 2026.

Is Balkan and Sea Properties Reit-Varna's ROCE % too high?

Balkan and Sea Properties Reit-Varna's current ROCE % is -0.33%. Overall, Balkan and Sea Properties Reit-Varna has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.

How does Balkan and Sea Properties Reit-Varna's ROCE % compare to VICI and WPC?

Balkan and Sea Properties Reit-Varna's ROCE % of -0.33% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a REITs company?

The median ROCE % among REITs companies is 5.19, based on 754 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.19 — 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 ROCE % is -0.33%. 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 ROCE % of -0.33%. 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 ROCE % is -0.33%. Balkan and Sea Properties Reit-Varna's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Balkan and Sea Properties Reit-Varna (LTS:0HZU), the current ROCE % is -0.33% 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:

ROCE %: -0.33%
GF Value™: лв194.53 vs. price of лв17.00 (91.3% below fair value)
GF Score™: 54/100 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 Estate REITs

Comparable Companies XBUL:SFI XBUL:BREF XBUL:FPP XBUL:BPF XBUL:LAND XBUL:ICPD XBUL:XBT XBUL:FUES ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11 LSE:BLND ASX:MGR

Other Exchanges BSP:Bulgaria

Address 14 General Kolev Boulevard, Varna, BGR, 9000

Website http://www.bsproperties.eu

Balkan and Sea Properties Reit-Varna is a real estate investment trust.

54GF Score

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

лв17.00

Price

лв194.53

GF Value

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