How does XE8's PE Ratio compare to its peers?

XE8 is good value based on its Price-To-Earnings Ratio (0.7x) compared to the peer average (53.3x).

How does XE8's PE Ratio compare vs other companies in the DE Capital Markets Industry?

XE8 is good value based on its Price-To-Earnings Ratio (0.7x) compared to the German Capital Markets industry average (20x).

What is XE8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate XE8's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of XE8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

XE8 (€0) is trading below our estimate of [[fair value]] (€0.01)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

XE8 Stock Overview

Specializes in making investments in new build residential properties, commercial real estate, distressed real estate, leisure, and holiday resorts and villas along Bulgaria's Black Sea Coast and in the ski regions. More details

XE8 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	5/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 76.4% below our estimate of its fair value

Earnings grew by 170.4% over the past year

Risk Analysis

Does not have a meaningful market cap (€7M)

Volatile share price over the past 3 months compared to the German market

Has a high level of debt

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Black Sea Property Plc Competitors

DLB-Anlageservice

BST:DLB

€6.6m

Murphy & Spitz Green Capital

DUSE:6MP

€5.5m

SCI

HMSE:SCI

€8.1m

Consulting Team Holding

DUSE:5GG

€15.8m

Price History & Performance

Summary of share price highs, lows and changes for Black Sea Property
Historical stock prices
Current Share Price	€0.003
52 Week High	€0.003
52 Week Low	€0.0025
Beta	-1.69
1 Month Change	0%
3 Month Change	0%
1 Year Change	0%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	200.00%

Recent updates

Shareholder Returns

	XE8	DE Capital Markets	DE Market
7D	0%	-0.9%	-2.6%
1Y	0%	22.7%	7.1%

Return vs Industry: XE8 underperformed the German Capital Markets industry which returned 23.7% over the past year.

Return vs Market: XE8 underperformed the German Market which returned 8% over the past year.

Price Volatility

Is XE8's price volatile compared to industry and market?
XE8 volatility
XE8 Average Weekly Movement	10.3%
Capital Markets Industry Average Movement	4.6%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.6%
10% least volatile stocks in DE Market	2.5%

Stable Share Price: XE8's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: XE8's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2005	4	n/a	www.blackseapropertyplc.com

Black Sea Property Plc specializes in making investments in new build residential properties, commercial real estate, distressed real estate, leisure, and holiday resorts and villas along Bulgaria's Black Sea Coast and in the ski regions.

Black Sea Property Plc Fundamentals Summary

How do Black Sea Property's earnings and revenue compare to its market cap?
XE8 fundamental statistics
Market cap	€7.37m
Earnings (TTM)	€10.41m
Revenue (TTM)	€1.63m

0.7x

P/E Ratio

4.5x

P/S Ratio

Is XE8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
XE8 income statement (TTM)
Revenue	€1.63m
Cost of Revenue	€1.26m
Gross Profit	€366.96k
Other Expenses	-€10.04m
Earnings	€10.41m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.0042
Gross Margin	22.52%
Net Profit Margin	638.84%
Debt/Equity Ratio	86.9%

How did XE8 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 15:59
End of Day Share Price	2024/12/19 00:00
Earnings	2023/12/31
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Black Sea Property Plc is covered by 0 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