Black Sea Property Valuation

Is BSP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate BSP's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BSP's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BSP?

Key metric: As BSP is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BSP. This is calculated by dividing BSP's market cap by their current revenue.
What is BSP's PS Ratio?
PS Ratio	32.3x
Sales	NOK 997.00k
Market Cap	NOK 30.11m

BSP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	199x
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does BSP's PS Ratio compare to its peers?

The above table shows the PS ratio for BSP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	4.3x
HKY Havila Kystruten	0.4x	11.5%	NOK 479.4m
MRH.N0000 Mahaweli Reach Hotels	0.9x	n/a	LK₨809.5m
526761 Howard Hotels	1.8x	n/a	₹255.1m
532124 Reliable Ventures India	14.2x	n/a	₹244.4m
BSP Black Sea Property	32.3x	n/a	NOK 30.1m

Price-To-Sales vs Peers: BSP is expensive based on its Price-To-Sales Ratio (32.3x) compared to the peer average (4.3x).

Price to Sales Ratio vs Industry

How does BSP's PS Ratio compare vs other companies in the European Hospitality Industry?

23 Companies	Price / Sales	Estimated Growth	Market Cap

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: BSP is expensive based on its Price-To-Sales Ratio (32.3x) compared to the European Hospitality industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

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

BSP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	32.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BSP's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.