STAR BULK CARRIERS CORP (SBLK) Stock Fundamental Analysis
USA - NASDAQ:SBLK - MHY8162K2046 - Common Stock
17.51 USD
-0.21 (-1.19%)
17.76 USD
+0.25 (+1.43%)
Overall SBLK gets a fundamental rating of 5 out of 10. We evaluated SBLK against 35 industry peers in the Marine Transportation industry. Both the profitability and the financial health of SBLK get a neutral evaluation. Nothing too spectacular is happening here. SBLK is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SBLK was profitable.
In the past year SBLK had a positive cash flow from operations.
Each year in the past 5 years SBLK has been profitable.
SBLK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of SBLK (3.19%) is comparable to the rest of the industry.
SBLK's Return On Equity of 5.17% is in line compared to the rest of the industry. SBLK outperforms 57.14% of its industry peers.
SBLK's Return On Invested Capital of 4.09% is in line compared to the rest of the industry. SBLK outperforms 51.43% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SBLK is significantly below the industry average of 18.84%.
The last Return On Invested Capital (4.09%) for SBLK is well below the 3 year average (10.09%), which needs to be investigated, but indicates that SBLK had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.19% | ||
| ROE | 5.17% | ||
| ROIC | 4.09% |
ROA(3y)9.89%
ROA(5y)9.62%
ROE(3y)16.92%
ROE(5y)16.82%
ROIC(3y)10.09%
ROIC(5y)9.77%
1.3 Margins
SBLK's Profit Margin of 10.98% is in line compared to the rest of the industry. SBLK outperforms 57.14% of its industry peers.
In the last couple of years the Profit Margin of SBLK has declined.
The Operating Margin of SBLK (16.03%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of SBLK has grown nicely.
SBLK has a Gross Margin of 45.26%. This is comparable to the rest of the industry: SBLK outperforms 51.43% of its industry peers.
SBLK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.03% | ||
| PM (TTM) | 10.98% | ||
| GM | 45.26% |
OM growth 3Y-18.56%
OM growth 5Y23.9%
PM growth 3Y-20.37%
PM growth 5YN/A
GM growth 3Y-7.71%
GM growth 5Y2.37%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SBLK is still creating some value.
Compared to 1 year ago, SBLK has more shares outstanding
SBLK has more shares outstanding than it did 5 years ago.
SBLK has a better debt/assets ratio than last year.
2.2 Solvency
SBLK has an Altman-Z score of 1.11. This is a bad value and indicates that SBLK is not financially healthy and even has some risk of bankruptcy.
SBLK has a Altman-Z score (1.11) which is comparable to the rest of the industry.
The Debt to FCF ratio of SBLK is 4.20, which is a neutral value as it means it would take SBLK, 4.20 years of fcf income to pay off all of its debts.
SBLK has a better Debt to FCF ratio (4.20) than 71.43% of its industry peers.
SBLK has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
SBLK has a Debt to Equity ratio of 0.40. This is in the better half of the industry: SBLK outperforms 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.2 | ||
| Altman-Z | 1.11 |
ROIC/WACC0.46
WACC8.98%
2.3 Liquidity
SBLK has a Current Ratio of 1.61. This is a normal value and indicates that SBLK is financially healthy and should not expect problems in meeting its short term obligations.
SBLK has a Current ratio of 1.61. This is comparable to the rest of the industry: SBLK outperforms 48.57% of its industry peers.
A Quick Ratio of 1.42 indicates that SBLK should not have too much problems paying its short term obligations.
The Quick ratio of SBLK (1.42) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
The earnings per share for SBLK have decreased strongly by -59.93% in the last year.
SBLK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 59.69% yearly.
The Revenue has been growing slightly by 2.95% in the past year.
SBLK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.03% yearly.
EPS 1Y (TTM)-59.93%
EPS 3Y-26.39%
EPS 5Y59.69%
EPS Q2Q%-85.9%
Revenue 1Y (TTM)2.95%
Revenue growth 3Y-3.93%
Revenue growth 5Y9.03%
Sales Q2Q%-29.89%
3.2 Future
Based on estimates for the next years, SBLK will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.46% on average per year.
The Revenue is expected to grow by 0.79% on average over the next years.
EPS Next Y-30.36%
EPS Next 2Y11.15%
EPS Next 3Y10.46%
EPS Next 5YN/A
Revenue Next Year-16.8%
Revenue Next 2Y0.19%
Revenue Next 3Y0.79%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.06, the valuation of SBLK can be described as correct.
SBLK's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.91. SBLK is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 5.25, which indicates a rather cheap valuation of SBLK.
Based on the Price/Forward Earnings ratio, SBLK is valued a bit cheaper than the industry average as 74.29% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, SBLK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.06 | ||
| Fwd PE | 5.25 |
4.2 Price Multiples
SBLK's Enterprise Value to EBITDA is on the same level as the industry average.
SBLK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SBLK is cheaper than 77.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.08 | ||
| EV/EBITDA | 7.39 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y11.15%
EPS Next 3Y10.46%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.46%, SBLK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.34, SBLK pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, SBLK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
5.2 History
The dividend of SBLK is nicely growing with an annual growth rate of 121.96%!
SBLK has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SBLK decreased recently.
Dividend Growth(5Y)121.96%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
SBLK pays out 137.06% of its income as dividend. This is not a sustainable payout ratio.
SBLK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP137.06%
EPS Next 2Y11.15%
EPS Next 3Y10.46%
17.51
-0.21 (-1.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners30.99%
Inst Owner Change-10.36%
Ins Owners3.73%
Ins Owner ChangeN/A
Market Cap2.00B
Revenue(TTM)1.13B
Net Income(TTM)124.22M
Analysts83.08
Price Target22.87 (30.61%)
Short Float %1.55%
Short Ratio1.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.46% |
Yearly Dividend2.75
Dividend Growth(5Y)121.96%
DP137.06%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)84.98%
Min EPS beat(2)77.38%
Max EPS beat(2)92.58%
EPS beat(4)2
Avg EPS beat(4)30.01%
Min EPS beat(4)-28.83%
Max EPS beat(4)92.58%
EPS beat(8)4
Avg EPS beat(8)17.46%
EPS beat(12)6
Avg EPS beat(12)11.09%
EPS beat(16)10
Avg EPS beat(16)11.21%
Revenue beat(2)1
Avg Revenue beat(2)12.72%
Min Revenue beat(2)-2.57%
Max Revenue beat(2)28.02%
Revenue beat(4)3
Avg Revenue beat(4)11.39%
Min Revenue beat(4)-2.57%
Max Revenue beat(4)28.02%
Revenue beat(8)7
Avg Revenue beat(8)15.32%
Revenue beat(12)9
Avg Revenue beat(12)13.7%
Revenue beat(16)13
Avg Revenue beat(16)15.05%
PT rev (1m)0%
PT rev (3m)8.2%
EPS NQ rev (1m)-13.82%
EPS NQ rev (3m)-39.43%
EPS NY rev (1m)-6.59%
EPS NY rev (3m)8.01%
Revenue NQ rev (1m)-2.63%
Revenue NQ rev (3m)-16.04%
Revenue NY rev (1m)-8.17%
Revenue NY rev (3m)-15.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.06 | ||
| Fwd PE | 5.25 | ||
| P/S | 1.77 | ||
| P/FCF | 7.08 | ||
| P/OCF | 6.31 | ||
| P/B | 0.83 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 7.39 |
EPS(TTM)1.09
EY6.23%
EPS(NY)3.34
Fwd EY19.05%
FCF(TTM)2.47
FCFY14.12%
OCF(TTM)2.78
OCFY15.85%
SpS9.9
BVpS21.01
TBVpS21.02
PEG (NY)N/A
PEG (5Y)0.27
Graham Number22.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.19% | ||
| ROE | 5.17% | ||
| ROCE | 5.18% | ||
| ROIC | 4.09% | ||
| ROICexc | 4.61% | ||
| ROICexgc | 4.61% | ||
| OM | 16.03% | ||
| PM (TTM) | 10.98% | ||
| GM | 45.26% | ||
| FCFM | 24.98% |
ROA(3y)9.89%
ROA(5y)9.62%
ROE(3y)16.92%
ROE(5y)16.82%
ROIC(3y)10.09%
ROIC(5y)9.77%
ROICexc(3y)11.17%
ROICexc(5y)10.95%
ROICexgc(3y)11.17%
ROICexgc(5y)10.95%
ROCE(3y)12.78%
ROCE(5y)12.37%
ROICexgc growth 3Y-23.71%
ROICexgc growth 5Y31.21%
ROICexc growth 3Y-23.71%
ROICexc growth 5Y31.21%
OM growth 3Y-18.56%
OM growth 5Y23.9%
PM growth 3Y-20.37%
PM growth 5YN/A
GM growth 3Y-7.71%
GM growth 5Y2.37%
F-Score7
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.2 | ||
| Debt/EBITDA | 2.51 | ||
| Cap/Depr | 17.39% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 2.24 | ||
| Cash Conversion | 83.31% | ||
| Profit Quality | 227.49% | ||
| Current Ratio | 1.61 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 1.11 |
F-Score7
WACC8.98%
ROIC/WACC0.46
Cap/Depr(3y)19.54%
Cap/Depr(5y)38.91%
Cap/Sales(3y)2.68%
Cap/Sales(5y)5.51%
Profit Quality(3y)150.38%
Profit Quality(5y)312.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-59.93%
EPS 3Y-26.39%
EPS 5Y59.69%
EPS Q2Q%-85.9%
EPS Next Y-30.36%
EPS Next 2Y11.15%
EPS Next 3Y10.46%
EPS Next 5YN/A
Revenue 1Y (TTM)2.95%
Revenue growth 3Y-3.93%
Revenue growth 5Y9.03%
Sales Q2Q%-29.89%
Revenue Next Year-16.8%
Revenue Next 2Y0.19%
Revenue Next 3Y0.79%
Revenue Next 5YN/A
EBIT growth 1Y-42.55%
EBIT growth 3Y-21.76%
EBIT growth 5Y35.09%
EBIT Next Year15.6%
EBIT Next 3Y19.54%
EBIT Next 5YN/A
FCF growth 1Y-38.45%
FCF growth 3Y-13.24%
FCF growth 5YN/A
OCF growth 1Y-34.02%
OCF growth 3Y-15%
OCF growth 5Y39.72%
STAR BULK CARRIERS CORP / SBLK FAQ
What is the ChartMill fundamental rating of STAR BULK CARRIERS CORP (SBLK) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SBLK.
What is the valuation status of STAR BULK CARRIERS CORP (SBLK) stock?
ChartMill assigns a valuation rating of 5 / 10 to STAR BULK CARRIERS CORP (SBLK). This can be considered as Fairly Valued.
How profitable is STAR BULK CARRIERS CORP (SBLK) stock?
STAR BULK CARRIERS CORP (SBLK) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for SBLK stock?
The Price/Earnings (PE) ratio for STAR BULK CARRIERS CORP (SBLK) is 16.06 and the Price/Book (PB) ratio is 0.83.
What is the financial health of STAR BULK CARRIERS CORP (SBLK) stock?
The financial health rating of STAR BULK CARRIERS CORP (SBLK) is 4 / 10.