BUL/ATER (BUL/ATER)

Bulgarian Stock Exchange: BUL/ATER · EUR

€1.44

+0.03 (+1.8%)· Recorded snapshot

Market cap	122.1M
Revenue (ttm)	20.5M
Net income (ttm)	451.6K
EPS (ttm)	€0.01
Shares out	85.1M
P/E (trailing)	272.2x
Dividend	€0.13 (8.85%)
Volume	24,580
Beta	0.04

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 20.5M
Net income (ttm): 451.6K
EPS (ttm): €0.01
P/E (trailing): 272.2x
Market cap: 122.1M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-29 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E272.2

P25 n/aP50 n/aP75 n/a

ROE0.3

P25 n/aP50 n/aP75 n/a

ROIC1.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.6%

Nasdaq Composite-2.3%

Dow Jones Industrial Average+1.9%

Russell 2000+1.8%

All BUL/ATER indicators

Market & fundamental data

Available fields

198

Groups with data

Currency

EUR

Showing 198 of 198 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	EUR
Country	Bulgaria
Country code	BG
Earnings date	2026-10-30
Employees	1
Enterprise value	EUR 116.4M
Exchange	Bulgarian Stock Exchange
Financial currency	EUR
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	2005
Industry	Real Estate Investment Trusts
Is primary listing	Yes
ISIN number	BG1100025052
Last earnings date	2026-07-31
Last refreshed	2026-10-29
Market cap	EUR 122.1M
Next earnings date	2026-10-30
Price	EUR 1.44
Price currency	EUR
SIC code	6798
Stock price date	2026-10-29
Symbol	bul/ATER
Website	https://www.advanceterrafund.bg

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	53.64x
Average P/E ratio (3Y)	142.56x
Average P/E ratio (5Y)	87.16x
Earnings yield	0.37%
EV/Earnings	253.01x
EV/EBIT	36.67x
EV/Sales	5.57x
Graham number	0.46246
Graham upside	-67.2%
Industry P/E	22.38x
Lynch fair value	EUR 0.03
Lynch upside	-98.13%
P/B ratio	0.76x
P/E ratio	272.24x
P/OCF ratio	18.34x
P/S ratio	5.85x
Price / tangible book value	0.76x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	15.18%
Gross margin	15.98%
Operating margin	15.18%
Pretax margin	2.2%
Profit margin	2.2%
Profit per employee	EUR 451,551
Revenue per employee	EUR 20.5M
ROA	1.19%
ROA (5Y)	1.96%
ROCE	1.98%
ROE	0.28%
ROE (5Y)	12.31%
ROIC	1.2%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-26.29%
EPS growth (Q)	-5.01%
EPS growth (QoQ)	-39.11%
EPS growth 10Y	-30.65%
EPS growth 3Y	-79.49%
EPS growth 5Y	-46.07%
Net income growth	-25.81%
Net income growth (Q)	-5.68%
Net income growth (QoQ)	-37.51%
Net income growth 3Y	-79.45%
Net income growth 5Y	-46%
OCF growth	23.72%
OCF growth (Q)	131.62%
OCF growth (QoQ)	-53.87%
OCF growth 10Y	0.45%
OCF growth 3Y	-24.14%
OCF growth 5Y	-26.23%
Revenue growth	84.18%
Revenue growth (Q)	124.46%
Revenue growth (QoQ)	-54.32%
Revenue growth 10Y	3.84%
Revenue growth 3Y	-10.08%
Revenue growth 5Y	-11.43%

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
EBIT	EUR 3.1M
EPS	EUR 0.01
Financing cash flow	EUR -5.5M
Gross profit	EUR 3.3M
Net cash flow	EUR 1M
Net income	EUR 451,551
Operating income	EUR 3.1M
Revenue	EUR 20.5M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	EUR 1.80
Debt / equity	0
Interest coverage	868.54
Net cash (debt)	EUR 5.8M
Net cash / market cap	4.8%
Net debt / equity	-0.04
Piotroski F-Score	6
Shareholders' equity	EUR 157.5M
Tangible book value	EUR 157.5M
Tangible book value per share	EUR 1.80
Total assets	EUR 158.9M
Total cash	EUR 5.8M
Total debt	EUR 0
Total liabilities	EUR 1.4M
WACC	4.45%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.12
Current ratio	7.53
Net working capital	EUR 3.7M
Quick ratio	6.25
Working capital	EUR 9.4M

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.65%
Dividend growth	34.08%
Dividend growth (10Y)	2.44%
Dividend growth (3Y)	-19.32%
Dividend growth (5Y)	3.13%
Dividend growth years	0
Dividend payment date	2026-06-25
Dividend payment years	17
Dividend payout frequency	Annual
Dividend per share	EUR 0.13
Dividend yield	8.85%
Ex-dividend date	2026-05-27
Last dividend	EUR 0.07
Payout ratio	1,210.61%
Shareholder yield	8.35%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	39.32%
10Y return CAGR	10.4%
10Y total return	169.01%
150-day SMA	EUR 1.37
15Y price change	109.55%
15Y return CAGR	14.91%
15Y total return	703.87%
1D price change	1.77%
1M price change	1.77%
1M total return	1.77%
1W price change	-0.35%
1W total return	-0.35%
1Y price change	-3.24%
1Y return CAGR	1.55%
1Y total return	1.55%
20-day SMA	EUR 1.44
200-day SMA	EUR 1.38
3M price change	8.3%
3M total return	8.3%
3Y price change	-13.4%
3Y return CAGR	-0.06%
3Y total return	-0.18%
50-day SMA	EUR 1.42
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 1.50
52-week high date	2026-01-05
52-week low	EUR 1.28
52-week low date	2026-06-05
5Y price change	2.79%
5Y return CAGR	8.45%
5Y total return	50%
6M price change	3.99%
6M total return	9.13%
All-time high	EUR 2.46
All-time high date	2010-07-01
All-time low	EUR 0.45
All-time low date	2009-03-19
Average true range (ATR)	EUR 0.02
Average volume	3.3K
Beta (1Y)	-0.03
Beta (2Y)	0.02
Beta (5Y)	0.04
Change from 52-week high	-4.33%
Change from 52-week low	12.55%
Change from all-time high	-41.74%
Change from all-time low	221.89%
Change from open	0.35%
Day's gap	1.42%
Dollar volume	EUR 35,272
High price	EUR 1.44
Low price	EUR 1.43
Monthly RSI	46
Open price	EUR 1.43
Position in 52-week range	100%
Previous close	EUR 1.41
Price vs 150-day SMA	4.59%
Price vs 20-day SMA	-0.21%
Price vs 200-day SMA	3.99%
Price vs 50-day SMA	1.27%
Relative volume	10.77
RSI	51.9
Sharpe ratio	-0.12
Sharpe ratio (3Y)	-0.28
Sharpe ratio (5Y)	0.37
Sortino ratio	0.13
Sortino ratio (3Y)	-0.02
Sortino ratio (5Y)	0.95
Volume	24.6K
Weekly RSI	59.56
YTD price change	0.35%
YTD total return	5.33%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	56.7M
Shares change (QoQ)	2.61%
Shares change (YoY)	0.65%
Shares held by insiders	33.38%
Shares held by institutions	39.15%
Shares outstanding	85.1M

Deeper analysis on BUL/ATER

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this BUL/ATER report

Is a complete BUL/ATER research report available?

No complete published report is available for bul/ATER (BUL/ATER) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

122.1M

Revenue (ttm)

20.5M

Net income (ttm)

451.6K

EPS (ttm)

€0.01

Shares out

85.1M

P/E (trailing)

272.2x

Dividend

€0.13 (8.85%)

Volume

24,580

Beta

0.04

Metric

Value

Amount currency

EUR

Country

Bulgaria

Country code

Earnings date

2026-10-30

Employees

Enterprise value

EUR 116.4M

Exchange

Bulgarian Stock Exchange

Financial currency

EUR

Financial report date

2026-09-30

First seen

2026-05-10

Fiscal year end

December

Founded

2005

Industry

Real Estate Investment Trusts

Is primary listing

Yes

ISIN number

BG1100025052

Last earnings date

2026-07-31

Last refreshed

2026-10-29

Market cap

EUR 122.1M

Next earnings date

2026-10-30

Price

EUR 1.44

Price currency

EUR

SIC code

6798

Stock price date

2026-10-29

Symbol

bul/ATER

Website

https://www.advanceterrafund.bg

Metric

Value

Average P/E ratio (10Y)

53.64x

Average P/E ratio (3Y)

142.56x

Average P/E ratio (5Y)

87.16x

Earnings yield

0.37%

EV/Earnings

253.01x

EV/EBIT

36.67x

EV/Sales

5.57x

Graham number

0.46246

Graham upside

-67.2%

Industry P/E

22.38x

Lynch fair value

EUR 0.03

Lynch upside

-98.13%

P/B ratio

0.76x

P/E ratio

272.24x

P/OCF ratio

18.34x

P/S ratio

5.85x

Price / tangible book value

0.76x

Metric

Value

EBIT margin

15.18%

Gross margin

15.98%

Operating margin

15.18%

Pretax margin

2.2%

Profit margin

2.2%

Profit per employee

EUR 451,551

Revenue per employee

EUR 20.5M

ROA

1.19%

ROA (5Y)

1.96%

ROCE

1.98%

ROE

0.28%

ROE (5Y)

12.31%

ROIC

1.2%

Metric

Value

EPS growth

-26.29%

EPS growth (Q)

-5.01%

EPS growth (QoQ)

-39.11%

EPS growth 10Y

-30.65%

EPS growth 3Y

-79.49%

EPS growth 5Y

-46.07%

Net income growth

-25.81%

Net income growth (Q)

-5.68%

Net income growth (QoQ)

-37.51%

Net income growth 3Y

-79.45%

Net income growth 5Y

-46%

OCF growth

23.72%

OCF growth (Q)

131.62%

OCF growth (QoQ)

-53.87%

OCF growth 10Y

0.45%

OCF growth 3Y

-24.14%

OCF growth 5Y

-26.23%

Revenue growth

84.18%

Revenue growth (Q)

124.46%

Revenue growth (QoQ)

-54.32%

Revenue growth 10Y

3.84%

Revenue growth 3Y

-10.08%

Revenue growth 5Y

-11.43%

Metric

Value

EBIT

EUR 3.1M

EPS

EUR 0.01

Financing cash flow

EUR -5.5M

Gross profit

EUR 3.3M

Net cash flow

EUR 1M

Net income

EUR 451,551

Operating income

EUR 3.1M

Revenue

EUR 20.5M

Metric

Value

Book value per share

EUR 1.80

Debt / equity

Interest coverage

868.54

Net cash (debt)

EUR 5.8M

Net cash / market cap

4.8%

Net debt / equity

-0.04

Piotroski F-Score

Shareholders' equity

EUR 157.5M

Tangible book value

EUR 157.5M

Tangible book value per share

EUR 1.80

Total assets

EUR 158.9M

Total cash

EUR 5.8M

Total debt

EUR 0

Total liabilities

EUR 1.4M

WACC

4.45%

Metric

Value

Asset turnover

0.12

Current ratio

7.53

Net working capital

EUR 3.7M

Quick ratio

6.25

Working capital

EUR 9.4M

Metric

Value

Buyback yield / dilution

-0.65%

Dividend growth

34.08%

Dividend growth (10Y)

2.44%

Dividend growth (3Y)

-19.32%

Dividend growth (5Y)

3.13%

Dividend growth years

Dividend payment date

2026-06-25

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

EUR 0.13

Dividend yield

8.85%

Ex-dividend date

2026-05-27

Last dividend

EUR 0.07

Payout ratio

1,210.61%

Shareholder yield

8.35%

Metric

Value

10Y price change

39.32%

10Y return CAGR

10.4%

10Y total return

169.01%

150-day SMA

EUR 1.37

15Y price change

109.55%

15Y return CAGR

14.91%

15Y total return

703.87%

1D price change

1.77%

1M price change

1.77%

1M total return

1.77%

1W price change

-0.35%

1W total return

-0.35%

1Y price change

-3.24%

1Y return CAGR

1.55%

1Y total return

1.55%

20-day SMA

EUR 1.44

200-day SMA

EUR 1.38

3M price change

8.3%

3M total return

8.3%

3Y price change

-13.4%

3Y return CAGR

-0.06%

3Y total return

-0.18%

50-day SMA

EUR 1.42

50-day SMA vs 200-day SMA

50over200

52-week high

EUR 1.50

52-week high date

2026-01-05

52-week low

EUR 1.28

52-week low date

2026-06-05

5Y price change

2.79%

5Y return CAGR

8.45%

5Y total return

50%

6M price change

3.99%

6M total return

9.13%

All-time high

EUR 2.46

All-time high date

2010-07-01

All-time low

EUR 0.45

All-time low date

2009-03-19

Average true range (ATR)

EUR 0.02

Average volume

3.3K

Beta (1Y)

-0.03

Beta (2Y)

0.02

Beta (5Y)

0.04

Change from 52-week high

-4.33%

Change from 52-week low

12.55%

Change from all-time high

-41.74%

Change from all-time low

221.89%

Change from open

0.35%

Day's gap

1.42%

Dollar volume

EUR 35,272

High price

EUR 1.44

Low price

EUR 1.43

Monthly RSI

Open price

EUR 1.43

Position in 52-week range

100%

Previous close

EUR 1.41

Price vs 150-day SMA

4.59%

Price vs 20-day SMA

-0.21%

Price vs 200-day SMA

3.99%

Price vs 50-day SMA

1.27%

Relative volume

10.77

RSI

51.9

Sharpe ratio

-0.12

Sharpe ratio (3Y)

-0.28

Sharpe ratio (5Y)

0.37

Sortino ratio

0.13

Sortino ratio (3Y)

-0.02

Sortino ratio (5Y)

0.95

Volume

24.6K

Weekly RSI

59.56

YTD price change

0.35%

YTD total return

5.33%

Metric

Value

Float

56.7M

Shares change (QoQ)

2.61%

Shares change (YoY)

0.65%

Shares held by insiders

33.38%

Shares held by institutions

39.15%

Shares outstanding

85.1M

BUL/ATER (BUL/ATER)

Price

Financial snapshot

Fair-value bridge

Latest news · BUL/ATER

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BUL/ATER indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BUL/ATER

Frequently asked questions

BUL/ATER (BUL/ATER)

Price

Financial snapshot

Fair-value bridge

Latest news · BUL/ATER

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All BUL/ATER indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BUL/ATER

Frequently asked questions