STAR BULK CARRIERS CORP (SBLK) Fundamental Analysis & Valuation

NASDAQ:SBLK • MHY8162K2046

23.72 USD
+0.06 (+0.25%)
At close: Mar 9, 2026
23.52 USD
-0.2 (-0.84%)
Pre-Market: 3/10/2026, 8:00:16 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This SBLK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to SBLK. SBLK was compared to 35 industry peers in the Marine Transportation industry. SBLK has only an average score on both its financial health and profitability. SBLK is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

5

1. SBLK Profitability Analysis

1.1 Basic Checks

  • SBLK had positive earnings in the past year.
  • SBLK had a positive operating cash flow in the past year.
  • SBLK had positive earnings in 4 of the past 5 years.
  • SBLK had a positive operating cash flow in 4 of the past 5 years.
SBLK Yearly Net Income VS EBIT VS OCF VS FCFSBLK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 1.62%, SBLK is in line with its industry, outperforming 48.57% of the companies in the same industry.
  • SBLK has a Return On Equity (2.54%) which is comparable to the rest of the industry.
  • SBLK's Return On Invested Capital of 2.87% is in line compared to the rest of the industry. SBLK outperforms 54.29% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for SBLK is above the industry average of 7.09%.
  • The last Return On Invested Capital (2.87%) 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 RankSector Rank
ROA 1.62%
ROE 2.54%
ROIC 2.87%
ROA(3y)9.89%
ROA(5y)9.62%
ROE(3y)16.92%
ROE(5y)16.82%
ROIC(3y)10.09%
ROIC(5y)9.77%
SBLK Yearly ROA, ROE, ROICSBLK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

1.3 Margins

  • SBLK has a Profit Margin (5.85%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of SBLK has declined.
  • SBLK has a Operating Margin (11.81%) which is in line with its industry peers.
  • SBLK's Operating Margin has improved in the last couple of years.
  • SBLK has a Gross Margin (43.32%) which is in line with its industry peers.
  • SBLK's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 11.81%
PM (TTM) 5.85%
GM 43.32%
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%
SBLK Yearly Profit, Operating, Gross MarginsSBLK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60 -60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. SBLK Health Analysis

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.
  • There is no outstanding debt for SBLK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
SBLK Yearly Shares OutstandingSBLK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
SBLK Yearly Total Debt VS Total AssetsSBLK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • Based on the Altman-Z score of 1.42, we must say that SBLK is in the distress zone and has some risk of bankruptcy.
  • SBLK has a Altman-Z score of 1.42. This is comparable to the rest of the industry: SBLK outperforms 57.14% of its industry peers.
  • SBLK has a debt to FCF ratio of 4.48. This is a neutral value as SBLK would need 4.48 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 4.48, SBLK is doing good in the industry, outperforming 77.14% of the companies in the same industry.
  • A Debt/Equity ratio of 0.36 indicates that SBLK is not too dependend on debt financing.
  • SBLK has a Debt to Equity ratio of 0.36. This is comparable to the rest of the industry: SBLK outperforms 51.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 4.48
Altman-Z 1.42
ROIC/WACC0.35
WACC8.12%
SBLK Yearly LT Debt VS Equity VS FCFSBLK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • SBLK has a Current Ratio of 1.72. This is a normal value and indicates that SBLK is financially healthy and should not expect problems in meeting its short term obligations.
  • SBLK's Current ratio of 1.72 is in line compared to the rest of the industry. SBLK outperforms 57.14% of its industry peers.
  • SBLK has a Quick Ratio of 1.56. 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 (1.56) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.72
Quick Ratio 1.56
SBLK Yearly Current Assets VS Current LiabilitesSBLK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. SBLK Growth Analysis

3.1 Past

  • SBLK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -64.07%.
  • SBLK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 43.39% yearly.
EPS 1Y (TTM)-64.07%
EPS 3Y-45.37%
EPS 5Y43.39%
EPS Q2Q%91.18%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%23.89%

3.2 Future

  • Based on estimates for the next years, SBLK will show a very strong growth in Earnings Per Share. The EPS will grow by 33.71% on average per year.
  • The Revenue is expected to grow by 0.52% on average over the next years.
EPS Next Y236.22%
EPS Next 2Y77.03%
EPS Next 3Y62.62%
EPS Next 5Y33.71%
Revenue Next Year25.29%
Revenue Next 2Y10.37%
Revenue Next 3Y6.21%
Revenue Next 5Y0.52%

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.
SBLK Yearly Revenue VS EstimatesSBLK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B
SBLK Yearly EPS VS EstimatesSBLK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 -2 4 6

More info and screens

Find the best growth stocksShow best growing peers

6

4. SBLK Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 24.45, the valuation of SBLK can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of SBLK is on the same level as its industry peers.
  • SBLK is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.45, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 7.27, which indicates a rather cheap valuation of SBLK.
  • Based on the Price/Forward Earnings ratio, SBLK is valued a bit cheaper than 71.43% of the companies in the same industry.
  • SBLK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.65.
Industry RankSector Rank
PE 24.45
Fwd PE 7.27
SBLK Price Earnings VS Forward Price EarningsSBLK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • SBLK's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, SBLK is valued a bit cheaper than the industry average as 74.29% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 11.35
EV/EBITDA 10.29
SBLK Per share dataSBLK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • SBLK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • SBLK's earnings are expected to grow with 62.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)0.56
EPS Next 2Y77.03%
EPS Next 3Y62.62%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. SBLK Dividend Analysis

5.1 Amount

  • SBLK has a Yearly Dividend Yield of 2.36%.
  • Compared to an average industry Dividend Yield of 6.67, SBLK has a dividend in line with its industry peers.
  • SBLK's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.36%

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.
  • SBLK has decreased its dividend recently.
Dividend Growth(5Y)121.96%
Div Incr Years1
Div Non Decr Years1
SBLK Yearly Dividends per shareSBLK Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • SBLK pays out 150.72% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of SBLK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP150.72%
EPS Next 2Y77.03%
EPS Next 3Y62.62%
SBLK Yearly Income VS Free CF VS DividendSBLK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M 600M
SBLK Dividend Payout.SBLK Dividend Payout, showing the Payout Ratio.SBLK Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

SBLK Fundamentals: All Metrics, Ratios and Statistics

STAR BULK CARRIERS CORP

NASDAQ:SBLK (3/9/2026, 8:00:02 PM)

Premarket: 23.52 -0.2 (-0.84%)

23.72

+0.06 (+0.25%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)02-25
Earnings (Next)05-12
Inst Owners31.28%
Inst Owner Change2.67%
Ins Owners3.74%
Ins Owner ChangeN/A
Market Cap2.70B
Revenue(TTM)N/A
Net Income(TTM)61.47M
Analysts81.67
Price Target26.32 (10.96%)
Short Float %1.69%
Short Ratio1
Dividend
Industry RankSector Rank
Dividend Yield 2.36%
Yearly Dividend2.75
Dividend Growth(5Y)121.96%
DP150.72%
Div Incr Years1
Div Non Decr Years1
Ex-Date03-09
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)26.65%
Min EPS beat(2)-39.27%
Max EPS beat(2)92.58%
EPS beat(4)2
Avg EPS beat(4)27.4%
Min EPS beat(4)-39.27%
Max EPS beat(4)92.58%
EPS beat(8)3
Avg EPS beat(8)9.62%
EPS beat(12)6
Avg EPS beat(12)8.23%
EPS beat(16)9
Avg EPS beat(16)8.51%
Revenue beat(2)0
Avg Revenue beat(2)-4.55%
Min Revenue beat(2)-8.23%
Max Revenue beat(2)-0.88%
Revenue beat(4)1
Avg Revenue beat(4)-2.18%
Min Revenue beat(4)-8.23%
Max Revenue beat(4)2.97%
Revenue beat(8)5
Avg Revenue beat(8)10.31%
Revenue beat(12)7
Avg Revenue beat(12)8.15%
Revenue beat(16)11
Avg Revenue beat(16)11.66%
PT rev (1m)6.17%
PT rev (3m)12.47%
EPS NQ rev (1m)-4.42%
EPS NQ rev (3m)-11.12%
EPS NY rev (1m)-2.7%
EPS NY rev (3m)-20.88%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)-0.73%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)3.7%
Valuation
Industry RankSector Rank
PE 24.45
Fwd PE 7.27
P/S 2.57
P/FCF 11.35
P/OCF 9.96
P/B 1.12
P/tB 1.12
EV/EBITDA 10.29
EPS(TTM)0.97
EY4.09%
EPS(NY)3.26
Fwd EY13.75%
FCF(TTM)2.09
FCFY8.81%
OCF(TTM)2.38
OCFY10.04%
SpS9.23
BVpS21.22
TBVpS21.22
PEG (NY)0.1
PEG (5Y)0.56
Graham Number21.52
Profitability
Industry RankSector Rank
ROA 1.62%
ROE 2.54%
ROCE 3.63%
ROIC 2.87%
ROICexc 3.29%
ROICexgc 3.29%
OM 11.81%
PM (TTM) 5.85%
GM 43.32%
FCFM 22.64%
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-Score6
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 4.48
Debt/EBITDA 2.69
Cap/Depr 16.7%
Cap/Sales 3.16%
Interest Coverage 1.66
Cash Conversion 83.94%
Profit Quality 387.09%
Current Ratio 1.72
Quick Ratio 1.56
Altman-Z 1.42
F-Score6
WACC8.12%
ROIC/WACC0.35
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)-64.07%
EPS 3Y-45.37%
EPS 5Y43.39%
EPS Q2Q%91.18%
EPS Next Y236.22%
EPS Next 2Y77.03%
EPS Next 3Y62.62%
EPS Next 5Y33.71%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%23.89%
Revenue Next Year25.29%
Revenue Next 2Y10.37%
Revenue Next 3Y6.21%
Revenue Next 5Y0.52%
EBIT growth 1Y-66.27%
EBIT growth 3Y-21.76%
EBIT growth 5Y35.09%
EBIT Next Year-16.39%
EBIT Next 3Y15.68%
EBIT Next 5Y8.32%
FCF growth 1Y-30.97%
FCF growth 3Y-13.24%
FCF growth 5YN/A
OCF growth 1Y-25.41%
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 4 / 10 to SBLK.


What is the valuation status for SBLK stock?

ChartMill assigns a valuation rating of 6 / 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.


What is the valuation of STAR BULK CARRIERS CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for STAR BULK CARRIERS CORP (SBLK) is 24.45 and the Price/Book (PB) ratio is 1.12.


Is the dividend of STAR BULK CARRIERS CORP sustainable?

The dividend rating of STAR BULK CARRIERS CORP (SBLK) is 4 / 10 and the dividend payout ratio is 150.72%.