STAR BULK CARRIERS CORP (SBLK) Stock Fundamental Analysis
USA - NASDAQ:SBLK - MHY8162K2046 - Common Stock
18.19 USD
+0.04 (+0.22%)
18 USD
-0.19 (-1.04%)
We assign a fundamental rating of 5 out of 10 to SBLK. SBLK was compared to 35 industry peers in the Marine Transportation industry. SBLK has an average financial health and profitability rating. SBLK has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SBLK had positive earnings in the past year.
SBLK had a positive operating cash flow in the past year.
In the past 5 years SBLK has always been profitable.
Each year in the past 5 years SBLK had a positive operating cash flow.
1.2 Ratios
SBLK has a Return On Assets (3.19%) which is in line with its industry peers.
The Return On Equity of SBLK (5.17%) is comparable to the rest of the 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.
Measured over the past 3 years, the Average Return On Invested Capital for SBLK is significantly below the industry average of 18.75%.
The 3 year average ROIC (10.09%) for SBLK is well above the current ROIC(4.09%). The reason for the recent decline needs to be investigated.
| 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
Looking at the Profit Margin, with a value of 10.98%, SBLK is in line with its industry, outperforming 57.14% of the companies in the same industry.
In the last couple of years the Profit Margin of SBLK has declined.
SBLK has a Operating Margin (16.03%) which is in line with its industry peers.
In the last couple of years the Operating Margin of SBLK has grown nicely.
SBLK's Gross Margin of 45.26% is in line compared to the rest of the industry. SBLK outperforms 51.43% 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SBLK is creating some value.
SBLK has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SBLK has been increased compared to 5 years ago.
The debt/assets ratio for SBLK has been reduced compared to a year ago.
2.2 Solvency
SBLK has an Altman-Z score of 1.13. 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 of 1.13. This is comparable to the rest of the industry: SBLK outperforms 54.29% of its industry peers.
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.
Looking at the Debt to FCF ratio, with a value of 4.20, SBLK is in the better half of the industry, outperforming 74.29% of the companies in the same industry.
A Debt/Equity ratio of 0.40 indicates that SBLK is not too dependend on debt financing.
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 | 1.13 |
ROIC/WACC0.45
WACC9.01%
2.3 Liquidity
A Current Ratio of 1.61 indicates that SBLK should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.61, SBLK is in line with its industry, outperforming 48.57% 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.
With a Quick ratio value of 1.42, SBLK perfoms like the industry average, outperforming 54.29% of the companies in the same 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%.
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.
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.
Based on estimates for the next years, SBLK will show a small growth in Revenue. The Revenue will grow by 1.13% on average per year.
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
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
SBLK is valuated correctly with a Price/Earnings ratio of 16.69.
SBLK's Price/Earnings is on the same level as the industry average.
SBLK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.06.
A Price/Forward Earnings ratio of 5.82 indicates a rather cheap valuation of SBLK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SBLK indicates a somewhat cheap valuation: SBLK is cheaper than 74.29% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.73, SBLK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.69 | ||
| Fwd PE | 5.82 |
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 | 7.36 | ||
| EV/EBITDA | 7.53 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.28
EPS Next 2Y7.58%
EPS Next 3Y10.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.35%, SBLK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.56, SBLK pays a bit more dividend than its industry peers.
SBLK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
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%
18.19
+0.04 (+0.22%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners30.99%
Inst Owner Change-10.63%
Ins Owners3.73%
Ins Owner ChangeN/A
Market Cap2.08B
Revenue(TTM)1.13B
Net Income(TTM)124.22M
Analysts83.08
Price Target23.07 (26.83%)
Short Float %1.59%
Short Ratio1.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.35% |
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)-8.13%
EPS NQ rev (3m)-27.8%
EPS NY rev (1m)-13.38%
EPS NY rev (3m)-6.45%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-7.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-12.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.69 | ||
| Fwd PE | 5.82 | ||
| P/S | 1.84 | ||
| P/FCF | 7.36 | ||
| P/OCF | 6.55 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 7.53 |
EPS(TTM)1.09
EY5.99%
EPS(NY)3.12
Fwd EY17.18%
FCF(TTM)2.47
FCFY13.59%
OCF(TTM)2.78
OCFY15.26%
SpS9.9
BVpS21.01
TBVpS21.02
PEG (NY)N/A
PEG (5Y)0.28
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 | 1.13 |
F-Score7
WACC9.01%
ROIC/WACC0.45
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 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 16.69 and the Price/Book (PB) ratio is 0.87.
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.