STAR BULK CARRIERS CORP (SBLK) Stock Fundamental Analysis
USA - NASDAQ:SBLK - MHY8162K2046 - Common Stock
18.92 USD
-0.12 (-0.63%)
18.9013 USD
-0.02 (-0.1%)
Overall SBLK gets a fundamental rating of 5 out of 10. We evaluated SBLK against 35 industry peers in the Marine Transportation industry. SBLK has an average financial health and profitability rating. SBLK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SBLK had positive earnings in the past year.
In the past year SBLK had a positive cash flow from operations.
In the past 5 years SBLK has always been profitable.
In the past 5 years SBLK always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.19%, SBLK perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
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.
Looking at the Return On Invested Capital, with a value of 4.09%, SBLK is in line with its industry, outperforming 51.43% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for SBLK is significantly below the industry average of 18.49%.
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 has a Profit Margin (10.98%) which is comparable to the rest of the industry.
SBLK's Profit Margin has declined in the last couple of years.
SBLK has a Operating Margin (16.03%) which is comparable to the rest of the industry.
SBLK's Operating Margin has improved in the last couple of years.
SBLK has a Gross Margin (45.26%) which is in line with 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SBLK is creating some value.
Compared to 1 year ago, SBLK has more shares outstanding
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
SBLK has an Altman-Z score of 1.16. 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 (1.16) 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 Debt to FCF ratio of 4.20. This is in the better half of the industry: SBLK outperforms 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.
Looking at the Debt to Equity ratio, with a value of 0.40, SBLK is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.2 | ||
| Altman-Z | 1.16 |
ROIC/WACC0.47
WACC8.75%
2.3 Liquidity
A Current Ratio of 1.61 indicates that SBLK should not have too much problems paying its short term obligations.
SBLK has a Current ratio (1.61) which is in line with its industry peers.
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 of 1.42. This is comparable to the rest of the industry: SBLK outperforms 51.43% of its industry peers.
| 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.
Looking at the last year, SBLK shows a small growth in Revenue. The Revenue has grown by 2.95% in the last 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%-45.71%
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 10.42% on average per year.
The Revenue is expected to grow by 1.13% on average over the next years.
EPS Next Y-39.68%
EPS Next 2Y7.58%
EPS Next 3Y10.42%
EPS Next 5YN/A
Revenue Next Year-16.8%
Revenue Next 2Y-0.48%
Revenue Next 3Y1.13%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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 17.36, the valuation of SBLK can be described as rather expensive.
SBLK's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.89. SBLK is valued slightly cheaper when compared to this.
SBLK is valuated cheaply with a Price/Forward Earnings ratio of 6.06.
74.29% of the companies in the same industry are more expensive than SBLK, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of SBLK to the average of the S&P500 Index (34.59), we can say SBLK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.36 | ||
| Fwd PE | 6.06 |
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.
Based on the Price/Free Cash Flow ratio, SBLK is valued a bit cheaper than the industry average as 77.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.65 | ||
| EV/EBITDA | 7.75 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y7.58%
EPS Next 3Y10.42%
5. Dividend
5.1 Amount
SBLK has a Yearly Dividend Yield of 4.15%, which is a nice return.
SBLK's Dividend Yield is a higher than the industry average which is at 7.65.
SBLK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
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.
The dividend of SBLK decreased 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.
The dividend of SBLK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP137.06%
EPS Next 2Y7.58%
EPS Next 3Y10.42%
18.92
-0.12 (-0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners30.99%
Inst Owner Change-8.16%
Ins Owners3.73%
Ins Owner ChangeN/A
Market Cap2.16B
Revenue(TTM)1.13B
Net Income(TTM)124.22M
Analysts83.08
Price Target23.07 (21.93%)
Short Float %1.59%
Short Ratio1.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
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)0
Avg Revenue beat(2)-1.72%
Min Revenue beat(2)-2.57%
Max Revenue beat(2)-0.88%
Revenue beat(4)2
Avg Revenue beat(4)4.17%
Min Revenue beat(4)-2.57%
Max Revenue beat(4)17.15%
Revenue beat(8)6
Avg Revenue beat(8)11.71%
Revenue beat(12)8
Avg Revenue beat(12)11.29%
Revenue beat(16)12
Avg Revenue beat(16)13.24%
PT rev (1m)0.89%
PT rev (3m)9.17%
EPS NQ rev (1m)6.6%
EPS NQ rev (3m)-28.93%
EPS NY rev (1m)-13.38%
EPS NY rev (3m)-6.45%
Revenue NQ rev (1m)1.21%
Revenue NQ rev (3m)-5.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-12.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.36 | ||
| Fwd PE | 6.06 | ||
| P/S | 1.91 | ||
| P/FCF | 7.65 | ||
| P/OCF | 6.82 | ||
| P/B | 0.9 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 7.75 |
EPS(TTM)1.09
EY5.76%
EPS(NY)3.12
Fwd EY16.51%
FCF(TTM)2.47
FCFY13.07%
OCF(TTM)2.78
OCFY14.67%
SpS9.9
BVpS21.01
TBVpS21.02
PEG (NY)N/A
PEG (5Y)0.29
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 | 1.16 |
F-Score7
WACC8.75%
ROIC/WACC0.47
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-39.68%
EPS Next 2Y7.58%
EPS Next 3Y10.42%
EPS Next 5YN/A
Revenue 1Y (TTM)2.95%
Revenue growth 3Y-3.93%
Revenue growth 5Y9.03%
Sales Q2Q%-45.71%
Revenue Next Year-16.8%
Revenue Next 2Y-0.48%
Revenue Next 3Y1.13%
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 4 / 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 17.36 and the Price/Book (PB) ratio is 0.9.
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.