STAR BULK CARRIERS CORP (SBLK) Stock Fundamental Analysis
USA - NASDAQ:SBLK - MHY8162K2046 - Common Stock
19.645 USD
-0.2 (-0.98%)
Taking everything into account, SBLK scores 5 out of 10 in our fundamental rating. SBLK was compared to 35 industry peers in the Marine Transportation industry. SBLK has an average financial health and profitability rating. 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.
In the past 5 years SBLK always reported a positive cash flow from operatings.
1.2 Ratios
SBLK's Return On Assets of 3.19% is in line compared to the rest of the industry. SBLK outperforms 57.14% of its industry peers.
With a Return On Equity value of 5.17%, SBLK perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
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 above the industry average of 7.67%.
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
With a Profit Margin value of 10.98%, SBLK perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
SBLK's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 16.03%, SBLK perfoms like the industry average, outperforming 51.43% of the companies in the same industry.
SBLK's Operating Margin has improved in the last couple of years.
SBLK has a Gross Margin of 45.26%. This is comparable to the rest of the industry: SBLK outperforms 48.57% of its industry peers.
In the last couple of years the Gross Margin of SBLK has grown nicely.
| 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
SBLK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
SBLK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SBLK has more shares outstanding
The debt/assets ratio for SBLK has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.21, we must say that SBLK is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.21, SBLK perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
SBLK has a debt to FCF ratio of 4.20. This is a neutral value as SBLK would need 4.20 years to pay back of all of its debts.
SBLK has a better Debt to FCF ratio (4.20) than 74.29% 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's Debt to Equity ratio of 0.40 is fine compared to the rest 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 | 1.21 |
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.
Looking at the Current ratio, with a value of 1.61, SBLK is in line with its industry, outperforming 51.43% of the companies in the same industry.
SBLK has a Quick Ratio of 1.42. 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 Quick ratio (1.42) which 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
SBLK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -59.93%.
Measured over the past years, SBLK shows a very strong growth in Earnings Per Share. The EPS has been growing by 59.69% on average per year.
The Revenue has been growing slightly by 2.95% in the past year.
Measured over the past years, SBLK shows a quite strong growth in Revenue. The Revenue has been growing by 9.03% on average per year.
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 12.04% on average per year.
The Revenue is expected to grow by 1.13% on average over the next years.
EPS Next Y-25.45%
EPS Next 2Y6.46%
EPS Next 3Y12.04%
EPS Next 5YN/A
Revenue Next Year-9.4%
Revenue Next 2Y2.95%
Revenue Next 3Y1.13%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.02, which indicates a rather expensive current valuation of SBLK.
SBLK's Price/Earnings ratio is in line with the industry average.
SBLK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.41.
The Price/Forward Earnings ratio is 6.42, which indicates a rather cheap valuation of SBLK.
SBLK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SBLK is cheaper than 71.43% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.88. SBLK is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.02 | ||
| Fwd PE | 6.42 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SBLK is on the same level as its industry peers.
SBLK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SBLK is cheaper than 68.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.95 | ||
| EV/EBITDA | 8.03 |
4.3 Compensation for Growth
The decent profitability rating of SBLK may justify a higher PE ratio.
A more expensive valuation may be justified as SBLK's earnings are expected to grow with 12.04% in the coming years.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y6.46%
EPS Next 3Y12.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.12%, SBLK is a good candidate for dividend investing.
SBLK's Dividend Yield is a higher than the industry average which is at 6.76.
Compared to an average S&P500 Dividend Yield of 2.38, SBLK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
5.2 History
On average, the dividend of SBLK grows each year by 121.96%, which is quite nice.
SBLK has paid a dividend for at least 10 years, which is a reliable track record.
SBLK has decreased its dividend recently.
Dividend Growth(5Y)121.96%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
137.06% of the earnings are spent on dividend by SBLK. 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 2Y6.46%
EPS Next 3Y12.04%
NASDAQ:SBLK (9/19/2025, 11:43:06 AM)
19.645
-0.2 (-0.98%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners33.19%
Inst Owner Change-4.38%
Ins Owners3.65%
Ins Owner ChangeN/A
Market Cap2.25B
Analysts83.08
Price Target22.87 (16.42%)
Short Float %2.45%
Short Ratio1.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
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)8.2%
PT rev (3m)4.68%
EPS NQ rev (1m)-22.64%
EPS NQ rev (3m)-29.71%
EPS NY rev (1m)15.62%
EPS NY rev (3m)5.75%
Revenue NQ rev (1m)-3.61%
Revenue NQ rev (3m)-13.77%
Revenue NY rev (1m)-4.45%
Revenue NY rev (3m)-8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.02 | ||
| Fwd PE | 6.42 | ||
| P/S | 1.99 | ||
| P/FCF | 7.95 | ||
| P/OCF | 7.08 | ||
| P/B | 0.93 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 8.03 |
EPS(TTM)1.09
EY5.55%
EPS(NY)3.06
Fwd EY15.58%
FCF(TTM)2.47
FCFY12.58%
OCF(TTM)2.78
OCFY14.13%
SpS9.9
BVpS21.01
TBVpS21.02
PEG (NY)N/A
PEG (5Y)0.3
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%
ROICexcg growth 3Y-23.71%
ROICexcg 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 | 1.21 |
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-25.45%
EPS Next 2Y6.46%
EPS Next 3Y12.04%
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-9.4%
Revenue Next 2Y2.95%
Revenue Next 3Y1.13%
Revenue Next 5YN/A
EBIT growth 1Y-42.55%
EBIT growth 3Y-21.76%
EBIT growth 5Y35.09%
EBIT Next Year23.11%
EBIT Next 3Y21.4%
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%