BSR Real Estate Investment Trust Financial Ratios — HOM.U

Profitability (USD)

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-18.55	9.14	57.49	27.67	-24.98	-5.87	-10.12
Return on Assets (%)	- -	-5.09	2.47	18.5	11.33	-10.84	-2.23	-3.93
Return on Capital (%)	- -	- -	5.97	25.65	15.49	- -	- -	- -
Return on Invested Capital (%)	- -	- -	4.82	3.68	4.41	- -	- -	- -
Gross Margin (%)	60.12	54.44	53.27	54.94	53.95	54.27	54.51	49.62
EBITDA Margin (%)	171.08	47.33	36.03	37.2	46.42	48.16	48.58	41.92
Operating Margin (%)	54.11	47.29	46.18	45.34	47.91	48.34	48.5	41.89
Incremental Operating Margin (%)	- -	38.11	- -	30.18	55.79	55.78	78.32	87.44
Pretax Margin (%)	224.67	-47.65	24.34	236.84	143.35	-125.67	-23.86	-43.49
Profit Margin (%)	224.67	-47.65	24.34	236.84	143.35	-125.67	-23.86	-43.49
Net Income to Common Margin (%)	224.67	-47.65	24.34	236.84	143.35	-125.67	-23.86	-43.49
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	7.38	-38.57	81.64	8.98	12.69	-13.94	-70.97	-40.17
Sustainable Growth Rate (%)	- -	-25.71	1.68	52.33	24.16	-28.46	-10.04	-14.19

Credit (USD)

Credit Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	471	542	518	878	769	813	829	724
ST Debt	38	14	44	2	44	42	92	29
LT Debt	433	529	474	877	725	772	738	695
Total Debt/EBITDA	4.3	10.26	12.69	19.74	10.45	10.06	10.12	11.98
Net Debt/EBITDA	4.23	9.56	12.55	19.59	10.35	9.98	10.02	11.85
Total Debt/EBIT	4.3	10.29	12.73	19.8	10.47	10.08	10.14	11.99
Net Debt/EBIT	4.23	9.58	12.59	19.64	10.37	9.99	10.03	11.86
EBITDA to Interest Expense	9.95	2.41	1.85	2.01	2.67	2.03	1.89	1.63
EBITDA-CapEx/Interest Expense	9.95	2.41	1.85	2.01	2.67	2.03	1.89	1.63
EBIT to Interest Expense	3.15	2.41	2.37	2.44	2.75	2.04	1.89	1.62
Interest Expense	11	22	22	22	28	40	43	37
Common Equity/Total Assets	29.78	25.39	28.61	34.22	47.29	39.02	36.89	41.2
Long-Term Debt/Equity (%)	150.1	185.54	148.74	131.5	74.29	108.31	112.16	119.51
Long-Term Debt/Capital (%)	57.02	63.9	56.66	56.74	41.54	50.58	49.6	53.24
Long-Term Debt/Total Assets (%)	44.69	47.1	42.56	45	35.13	42.26	41.38	49.24
Total Debt/Equity (%)	163.25	190.34	162.5	131.76	78.84	114.14	126.11	124.46
Total Debt/Capital (%)	62.01	65.56	61.91	56.85	44.08	53.3	55.77	55.45
Total Debt/Total Assets (%)	48.61	48.32	46.5	45.08	37.28	44.53	46.52	51.28
Net Debt to Equity	160.62	177.3	160.8	130.73	78.07	113.17	124.78	123.17
Net Debt/Capital (%)	61.63	63.92	61.64	56.66	43.83	53.08	55.51	55.14
EBITDA	110	53	41	44	74	81	82	60
EBITDA-CapEx	110	53	41	44	74	81	82	60
Operating Income (Loss)	35	53	52	54	76	81	82	60

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.13	0.91	0.07	0.18	0.02	0.02	0.02	0.05
Current Ratio	0.42	1.35	0.28	0.56	0.09	0.11	0.08	0.17
Quick Ratio	0.17	0.98	0.1	0.29	0.03	0.03	0.05	0.11
CFO/Avg Current Liab	- -	1.15	0.91	1.06	0.45	0.24	0.22	0.25
Common Equity/Total Assets	29.78	25.39	28.61	34.22	47.29	39.02	36.89	41.2
Long-Term Debt/Equity (%)	150.1	185.54	148.74	131.5	74.29	108.31	112.16	119.51
Long-Term Debt/Capital (%)	57.02	63.9	56.66	56.74	41.54	50.58	49.6	53.24
Long-Term Debt/Total Assets (%)	44.69	47.1	42.56	45	35.13	42.26	41.38	49.24
Total Debt/Equity (%)	163.25	190.34	162.5	131.76	78.84	114.14	126.11	124.46
Total Debt/Capital (%)	62.01	65.56	61.91	56.85	44.08	53.3	55.77	55.45
Total Debt/Total Assets (%)	48.61	48.32	46.5	45.08	37.28	44.53	46.52	51.28
CFO/Total Liabilities	4.53	6.79	6.45	4.56	8.23	7.46	7.06	7.74
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	410.53	384.02	319.31	85.75	95.7	897.18	1,113.69
Days Sales Outstanding	- -	0.89	0.95	1.14	4.26	3.81	0.41	0.33
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	132	261	271	548	475	392	416	421
- Cash & Cash Equivalents	8	37	5	7	7	7	9	6
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	471	542	518	878	769	813	829	724
Enterprise Value	595	767	783	1,419	1,237	1,198	1,236	1,139
Total Capital	760	827	836	1,545	1,745	1,526	1,487	1,306
Total Debt/Capital (%)	62.01	65.56	61.91	56.85	44.08	53.3	55.77	55.45
Total Debt / EV	0.79	0.71	0.66	0.62	0.62	0.68	0.67	0.64
EV/Sales	9.29	6.86	6.92	11.87	7.81	7.14	7.33	7.9
EV/EBITDA	5.43	14.5	19.19	31.9	16.81	14.83	15.09	18.84
EV/EBIT	5.43	14.54	19.25	32	16.84	14.85	15.11	18.85
EV/Cash Flow to Firm	14.23	- -	10.67	17.61	10.57	- -	- -	- -
EV/Free Cash Flow to Firm	14.23	- -	10.67	17.61	10.57	- -	- -	- -
Diluted Market Cap	132	261	271	548	475	392	416	421
Diluted Enterprise Value	595	767	783	1,419	1,237	1,198	1,236	1,139
EV per Share	35.98	34.36	32.83	45.49	34.08	36.16	36.99	33.6
TTM Sales	64	112	113	120	159	168	169	144
TTM EBITDA	110	53	41	44	74	81	82	60
TTM Operating Income	35	53	52	54	76	81	82	60
TTM Cash Flow to Firm	42	- -	73	81	117	- -	- -	- -
TTM Free Cash Flow to Firm	42	- -	73	81	117	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	4.28	4.59	5.28	9.38	5.31	4.72	5.24	6.55
EV/EBIT	5.43	14.54	19.25	32	16.84	14.85	15.11	18.85
Enterprise Value	595	767	783	1,419	1,237	1,198	1,236	1,139
Low Price	7.42	7.92	7.77	10.5	12.73	10.12	10.59	11.05
EV/Sales	9.29	6.86	6.92	11.87	7.81	7.14	7.33	7.9
EV/EBITDA	5.43	14.5	19.19	31.9	16.81	14.83	15.09	18.84
Price/Earnings	0.92	- -	9.82	1.93	2.09	- -	- -	- -
Price/Earnings Average	1.04	- -	9.21	1.49	2.67	- -	- -	- -
Price/Earnings High	1.12	- -	11.48	1.97	3.54	- -	- -	- -
Price/Earnings Low	0.85	- -	6.72	1.16	2.03	- -	- -	- -
Price/Book Value	0.46	0.92	0.85	0.82	0.49	0.55	0.63	0.72
Price/Book Value Average	0.52	0.81	0.8	0.63	0.62	0.59	0.62	0.72
Price/Book Value High	0.56	0.99	0.99	0.84	0.82	0.7	0.73	0.78
Price/Book Value Low	0.43	0.62	0.58	0.49	0.47	0.47	0.54	0.64
Price/Tangible Book Value	0.46	0.92	0.85	0.82	0.49	0.55	0.63	0.72
Price/Tangible Book Value Average	0.52	0.81	0.8	0.63	0.62	0.59	0.62	0.72
Price/Tangible Book Value High	0.56	0.99	0.99	0.84	0.82	0.7	0.73	0.78
Price/Tangible Book Value Low	0.43	0.62	0.58	0.49	0.47	0.47	0.54	0.64
Price/Sales	2.06	2.34	2.39	4.58	3	2.34	2.47	2.92
Price/Sales Average	2.35	2.08	2.24	3.53	3.82	2.49	2.42	2.91
Price/Sales High	2.51	2.54	2.8	4.67	5.08	2.98	2.86	3.14
Price/Sales Low	1.92	1.58	1.64	2.74	2.92	2	2.1	2.6
Price/Cash Flow	4.28	4.59	5.28	9.38	5.31	4.72	5.24	6.55
Price/Cash Flow Average	4.87	4.08	4.95	7.24	6.77	5.03	5.15	6.53
Price/Cash Flow High	5.21	4.98	6.17	9.56	8.99	6.02	6.07	7.05
Price/Cash Flow Low	3.98	3.11	3.61	5.61	5.16	4.04	4.46	5.83
Price/Free Cash Flow Average	4.87	4.08	4.95	7.24	6.77	5.03	5.15	6.53
Price/Free Cash Flow High	5.21	4.98	6.17	9.56	8.99	6.02	6.07	7.05
Price/Free Cash Flow Low	3.98	3.11	3.61	5.61	5.16	4.04	4.46	5.83
EV/Sales Average	9.58	6.61	6.77	10.82	8.63	7.29	7.29	7.89
EV/Sales High	9.74	7.06	7.32	11.96	9.88	7.79	7.72	8.12
EV/Sales Low	9.15	6.11	6.16	10.03	7.72	6.8	6.96	7.58
EV/EBITDA Average	5.6	13.96	18.78	29.09	18.59	15.14	15	18.81
EV/EBITDA High	5.69	14.92	20.31	32.14	21.29	16.17	15.9	19.37
EV/EBITDA Low	5.35	12.91	17.1	26.95	16.64	14.13	14.34	18.07
EV/EBIT Average	5.6	13.99	18.84	29.17	18.62	15.17	15.03	18.82
EV/EBIT High	5.69	14.96	20.38	32.24	21.33	16.19	15.92	19.38
EV/EBIT Low	5.35	12.94	17.15	27.03	16.67	14.15	14.36	18.08
Last Price	7.98	11.7	11.35	17.56	13.09	11.83	12.44	12.42
High Price	9.7	12.7	13.27	17.9	22.16	15.09	14.42	13.36
Enterprise Value Average	614	738	767	1,294	1,368	1,224	1,229	1,137
Enterprise Value High	624	789	829	1,430	1,567	1,306	1,303	1,171
Enterprise Value Low	586	682	698	1,199	1,224	1,142	1,175	1,093

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	17	22	24	31	36	33	33	34
Diluted Weighted Avg Shares	17	22	24	31	36	33	33	34
Basic Weighted Avg Shares	17	22	24	31	36	33	33	34
Revenue per Share	3.87	5	4.75	3.83	4.37	5.06	5.05	4.25
EBITDA per Share	6.62	2.37	1.71	1.43	2.03	2.44	2.45	1.78
Operating Income per Share	2.09	2.37	2.19	1.74	2.09	2.45	2.45	1.78
Basic EPS, GAAP	8.7	-2.38	1.16	9.08	6.26	-6.36	-1.2	-1.85
Basic EPS from Cont Ops	8.7	-2.38	1.16	9.08	6.26	-6.36	-1.2	-1.85
Diluted EPS, GAAP	8.7	-2.38	1.16	9.08	6.26	-6.36	-1.2	-1.85
Diluted EPS from Cont Ops	8.7	-2.38	1.16	9.08	6.26	-6.36	-1.2	-1.85
Dividend per Share	0.64	0.92	0.94	0.82	0.79	0.89	0.85	0.74
Cash Flow per Share	1.86	2.55	2.15	1.87	2.47	2.51	2.38	1.89
Free Cash Flow per Basic Share	1.86	2.55	2.15	1.87	2.47	2.51	2.38	1.89
Cash & Equivalents per Share	0.46	1.66	0.22	0.22	0.2	0.2	0.26	0.19
Book Value per Share	17.43	12.77	13.35	21.36	26.87	21.5	19.68	17.16
Tangible Book Value per Share	17.43	12.77	13.35	21.36	26.87	21.5	19.68	17.16