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Baltic Sea Properties AS

Baltic Sea Properties AS

BALT.OL
Baltic Sea Properties ASNO flagOslo Stock Exchange
47.00
NOK
+1.00
- -
408.44MMarket Cap
Baltic Sea Properties AS
BALT.OL
(Oslo Stock Exchange)

Recent

price

47.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.83
11.68
12.13
13.02
14.52
8.16
9.25
9.53
10.38
13.67
11.1
- -
12.43
Revenue per Share
0.22
5.32
2.25
-0.9
-0.11
-6.1
2.21
12.24
7.02
4.34
6.37
- -
5.42
Basic EPS, GAAP
- -
3.87
5.08
-4.48
9.24
-2.83
-17.7
6.63
9.24
9.66
9.12
- -
4.38
Free Cash Flow per Basic Share
- -
1.38
2.49
1.23
- -
1
- -
1.49
1.5
1.59
1.35
- -
- -
Dividend per Share
12.03
19.69
19.06
20.99
21.35
9.42
28.39
34.17
42.84
49.61
46.19
- -
47.81
Book Value per Share
28.37
33.39
32.84
34.79
35.2
27.18
46.15
51.92
60.58
67.4
70.83
- -
73.05
Tangible Book Value per Share
5
5
5
5
5
7
7
7
7
7
9
- -
8
Basic Weighted Avg Shares
56
60
63
67
75
55
62
64
70
91
96
106
105
Sales/Revenue/Turnover
51.61
56.28
34.41
56.39
56.24
28.72
32
69.62
65.58
72.17
72.36
69.6
70.46
Operating Margin (%)
19
20
21
23
23
22
26
- -
- -
1
1
1
- -
Depreciation Expense
1
28
12
-5
-1
-41
15
82
47
29
55
46
46
Net Income, GAAP
28.88
14.46
27.49
- -
206.8
- -
27.56
12.76
16.4
3.01
19.59
26.03
26.55
Effective Tax Rate (%)
2.03
45.52
18.52
-6.89
-0.75
-74.74
23.92
128.37
67.58
31.73
57.38
43.39
43.66
Profit Margin (%)
-91
-60
-7
19
-151
-179
-93
2
-35
-10
18
25
36
Working Capital
313
337
391
426
220
156
157
391
566
646
687
751
727
LT Debt
147
173
170
180
182
182
309
347
406
450
615
648
619
Total Equity
- -
4.85
2.61
- -
-7.24
- -
2.28
5.25
4.21
5.9
4.55
3.94
4.07
Return on Invested Capital (%)
- -
6.37
3.64
- -
-2.05
- -
5.79
15.54
7.87
6.92
7.74
6.17
6.33
Return on Capital (%)
- -
33.52
11.59
-4.48
-0.51
-47.14
11.71
39.14
18.22
9.37
15.1
10.98
11.57
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8
28
24
LT Borrowings
726
720
698
LT Finance Leases
31
30
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
452
407
414

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
94
95
94
Cash, Cash Equivalents & STI
87
87
82
Accounts Receivable, Net
7
5
8
Inventories
- -
- -
- -
Total Current Liabilities
50
71
58
Payables & Accruals
- -
- -
- -
ST Debt
8
28
24
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.72%
16.45%
5.23%
Free Cash Flow
-14.67%
-14.15%
0.11%
Net Income, GAAP
721.73%
89.24%
-17.18%
Sales/Revenue/Turnover
6.7%
11.71%
9.53%
Total Cash Common Dividend
- -
22.88%
48.68%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24
24
24
24
96
2025
27
27
27
25
106
2026
27
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
- -
- -
- -
6.37
2025
1
- -
- -
- -
- -
2026
1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.35
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Baltic Sea Properties AS is a Norwegian-based, fully integrated real estate investment firm specializing in commercial properties throughout the Baltic countries. The company strategically acquires, develops, manages, and leases a diverse portfolio, encompassing logistics, industrial, retail, and office spaces. With operations primarily concentrated in Lithuania through its subsidiaries, Baltic Sea Properties aims to deliver high-quality, sustainable solutions. The firm recently reported strong cash flow and revenue growth in its Q3 2025 report, emphasizing its ongoing commitment to expanding its investment portfolio and developing long-term client relationships within the region.