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Baltic Sea Properties AS

Baltic Sea Properties AS

OOSL:BALT
50.00
NOK
+0.60
(+1.21%)
7.92EPS
6.06P/E
414.58MMarket Cap
Baltic Sea Properties AS
OSL:BALT
(Euronext Oslo)

Recent

price

50.00

P/E

ratio

6.06

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
NOK
10.83
11.68
12.13
13.02
14.52
8.16
9.25
9.53
10.38
13.67
11.1
12.15
11.66
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
5.27
7.92
Basic EPS, GAAP
- -
3.87
5.08
-4.48
9.24
-2.83
-17.7
6.63
9.24
9.66
9.12
9.13
- -
Free Cash Flow per Basic Share
- -
1.38
2.49
1.23
- -
1
- -
1.49
1.5
1.59
1.35
2
- -
Dividend per Share
28.37
33.39
32.84
34.79
35.2
27.18
46.15
51.93
60.58
67.19
70.83
74.5
73.62
Book Value per Share
28.37
33.39
32.84
34.79
35.2
27.18
46.15
51.92
60.58
67.19
70.83
74.5
73.62
Tangible Book Value per Share
5
5
5
5
5
7
7
7
7
7
9
9
9
Basic Weighted Avg Shares
56
60
63
67
75
55
62
64
70
91
96
106
101
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
69.2
Operating Margin (%)
19
20
21
23
23
22
26
- -
- -
1
1
1
1
Depreciation Expense
1
28
12
-5
-1
-41
15
82
47
29
55
46
68
Net Income, GAAP
28.88
14.46
27.49
- -
206.8
- -
27.56
12.76
16.4
3.01
19.59
26.03
19.53
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
67.9
Profit Margin (%)
-91
-60
-7
19
-151
-179
-93
2
-35
-10
18
25
18
Working Capital
313
337
391
426
220
156
157
391
566
646
687
751
741
LT Debt
147
173
170
180
182
182
309
347
406
450
615
648
636
Total Equity
- -
5.69
3.26
- -
-1.43
- -
4.99
12.68
5.8
6.25
7.24
5.3
7.02
Return on Invested Capital (%)
- -
5.54
3.21
- -
-1.81
- -
4.69
13.03
6.84
6.17
6.7
5.21
6.85
Return on Capital (%)
- -
17.21
6.78
-2.65
-0.31
-22.46
6.04
24.97
12.48
6.77
10.39
7.26
10.92
Return on Common Equity (%)

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
28
24
17
LT Borrowings
720
698
712
LT Finance Leases
30
29
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
426
423
415

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
95
94
79
Cash, Cash Equivalents & STI
87
82
60
Accounts Receivable, Net
5
8
6
Inventories
- -
- -
- -
Total Current Liabilities
71
58
61
Payables & Accruals
- -
- -
- -
ST Debt
28
24
17
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

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
- -
- -
48.68%

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24
24
24
24
96
2025
27
27
27
25
106
2026
27
22
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
2.01
0.3
3.17
6.37
2025
1
0.85
0.75
2.72
5.27
2026
1
3.42
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.35
2025
- -
- -
- -
- -
2
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.