Bulgarian Real Estate Fund REIT Past Earnings Performance
Past criteria checks 4/6
Bulgarian Real Estate Fund REIT has been growing earnings at an average annual rate of 34.4%, while the REITs industry saw earnings growing at 23.1% annually. Revenues have been growing at an average rate of 10.2% per year. Bulgarian Real Estate Fund REIT's return on equity is 13.2%, and it has net margins of 175.8%.
Key information
34.4%
Earnings growth rate
34.1%
EPS growth rate
| REITs Industry Growth | 17.0% |
| Revenue growth rate | 10.2% |
| Return on equity | 13.2% |
| Net Margin | 175.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Bulgarian Real Estate Fund REIT makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 10 | 18 | 1 | 0 |
| 30 Jun 24 | 10 | 17 | 1 | 0 |
| 31 Mar 24 | 9 | 17 | 1 | 0 |
| 31 Dec 23 | 9 | 16 | 1 | 0 |
| 30 Sep 23 | 8 | 10 | 1 | 0 |
| 30 Jun 23 | 9 | 10 | 1 | 0 |
| 31 Mar 23 | 22 | 12 | 2 | 0 |
| 31 Dec 22 | 23 | 13 | 2 | 0 |
| 30 Sep 22 | 23 | 6 | 2 | 0 |
| 30 Jun 22 | 22 | 6 | 2 | 0 |
| 31 Mar 22 | 9 | 4 | 1 | 0 |
| 31 Dec 21 | 8 | 4 | 1 | 0 |
| 30 Sep 21 | 8 | 2 | 1 | 0 |
| 30 Jun 21 | 8 | 3 | 1 | 0 |
| 31 Mar 21 | 7 | 3 | 1 | 0 |
| 31 Dec 20 | 7 | 3 | 1 | 0 |
| 30 Sep 20 | 7 | 5 | 1 | 0 |
| 30 Jun 20 | 8 | 5 | 1 | 0 |
| 31 Mar 20 | 8 | 5 | 1 | 0 |
| 31 Dec 19 | 8 | 5 | 1 | 0 |
| 30 Sep 19 | 8 | 7 | 0 | 0 |
| 30 Jun 19 | 7 | 7 | 1 | 0 |
| 31 Mar 19 | 7 | 7 | 0 | 0 |
| 31 Dec 18 | 7 | 6 | 0 | 0 |
| 30 Sep 18 | 13 | 6 | 1 | 0 |
| 30 Jun 18 | 13 | 6 | 0 | 0 |
| 31 Mar 18 | 13 | 6 | 0 | 0 |
| 31 Dec 17 | 13 | 5 | 0 | 0 |
| 30 Sep 17 | 6 | 6 | 1 | 0 |
| 30 Jun 17 | 5 | 5 | 0 | 0 |
| 31 Mar 17 | 7 | 5 | 0 | 0 |
| 31 Dec 16 | 6 | 4 | 0 | 0 |
| 30 Sep 16 | 6 | 2 | 0 | 0 |
| 30 Jun 16 | 6 | 2 | 0 | 0 |
| 31 Mar 16 | 4 | 2 | 0 | 0 |
| 31 Dec 15 | 4 | 2 | 0 | 0 |
| 30 Sep 15 | 4 | -3 | 0 | 0 |
| 30 Jun 15 | 4 | -3 | 0 | 0 |
| 31 Mar 15 | 4 | -4 | 0 | 0 |
| 31 Dec 14 | 3 | -4 | 0 | 0 |
| 30 Sep 14 | 3 | 1 | 0 | 0 |
| 30 Jun 14 | 3 | 1 | 0 | 0 |
| 31 Mar 14 | 4 | 2 | 0 | 0 |
Quality Earnings: BREF has a large one-off gain of BGN13.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: BREF's current net profit margins are higher than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BREF's earnings have grown significantly by 34.4% per year over the past 5 years.
Accelerating Growth: BREF's earnings growth over the past year (89.3%) exceeds its 5-year average (34.4% per year).
Earnings vs Industry: BREF earnings growth over the past year (89.3%) exceeded the REITs industry 2.3%.
Return on Equity
High ROE: BREF's Return on Equity (13.2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 07:25 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bulgarian Real Estate Fund REIT is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mihail Dimitrov | First Financial Brokerage House |