Black Sea Property AS (OSL:BSP) ROCE %: -78.11% (As of Dec. 2025)


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 ROCE %?

Black Sea Property AS OSL:BSP 15 ROCE % is -78.11% as of Dec. 2025. 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.

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. Black Sea Property AS's annualized ROCE % for the quarter that ended in Dec. 2025 was -78.11%.

Black Sea Property AS  (OSL:BSP) 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.

Black Sea Property AS ROCE % Related Terms

Black Sea Property AS ROCE % Historical Data

* Premium members only.

The historical data trend for Black Sea Property AS'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.

Black Sea Property AS ROCE % Chart

Black Sea Property AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.13 1.83 -0.15 -1.97 -40.24

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
ROCE % 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 1.65 -0.18 -3.57 0.62 -78.11
OSL:BSP
15GF Score
Black Sea Property AS OSL:BSP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Sea Property AS ROCE % Calculation

Black Sea Property AS'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 )
=-101.158/( ( (378.872 - 32.971) + (279.55 - 122.623) )/ 2 )
=-101.158/( (345.901+156.927)/ 2 )
=-101.158/251.414
=-40.24 %

Black Sea Property AS's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-204.536/( ( (393.76 - 26.946) + (279.55 - 122.623) )/ 2 )
=-204.536/( ( 366.814 + 156.927 )/ 2 )
=-204.536/261.8705
=-78.11 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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 ROCE % →
What does a ROCE % of -78.11% mean?
Black Sea Property AS (OSL:BSP) has a ROCE % of -78.11% as of Dec. 2025.
Is Black Sea Property AS's ROCE % too high?
Black Sea Property AS's current ROCE % is -78.11%. 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 ROCE % compare to MAR and HLT?
Black Sea Property AS's ROCE % of -78.11% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.15. 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.15, based on 837 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 Travel & Leisure industry, the median ROCE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Sea Property AS's current ROCE % is -78.11%. 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 ROCE % is -78.11%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Black Sea Property AS (OSL:BSP), the current ROCE % is -78.11% as of Dec. 2025. 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:

  • ROCE %: -78.11%
  • 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

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

kr3.56
Price
kr7.77
GF Value