STAR BULK CARRIERS CORP (SBLK) Stock Fundamental Analysis
USA - NASDAQ:SBLK - MHY8162K2046 - Common Stock
19.3 USD
+0.15 (+0.78%)
19.15 USD
-0.15 (-0.78%)
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 only an average score on both its financial health and profitability. SBLK has a correct valuation and a medium growth rate.
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.
SBLK had a positive operating cash flow in each of the past 5 years.
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.
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.
With a Return On Invested Capital value of 4.09%, SBLK perfoms like the industry average, outperforming 51.43% of the companies in the same industry.
SBLK had an Average Return On Invested Capital over the past 3 years of 10.09%. This is significantly below the industry average of 18.49%.
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
SBLK has a Profit Margin (10.98%) which is in line with its industry peers.
SBLK's Profit Margin has declined in the last couple of years.
SBLK has a Operating Margin of 16.03%. This is comparable to the rest of the industry: SBLK outperforms 54.29% of its industry peers.
SBLK's Operating Margin has improved in the last couple of years.
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.
The number of shares outstanding for SBLK has been increased compared to 1 year ago.
Compared to 5 years ago, SBLK has more shares outstanding
SBLK has a better debt/assets ratio than last year.
2.2 Solvency
SBLK has an Altman-Z score of 1.18. 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 1.18. 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.
The Debt to FCF ratio of SBLK (4.20) is better 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 better Debt to Equity ratio (0.40) than 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.2 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.47
WACC8.77%
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 comparable to the rest of the industry.
A Quick Ratio of 1.42 indicates that SBLK should not have too much problems paying 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
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.
Looking at the last year, SBLK shows a small growth in Revenue. The Revenue has grown by 2.95% in the last year.
The Revenue has been growing by 9.03% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 10.42% on average over the next years. This is quite good.
SBLK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.13% yearly.
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.
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
SBLK is valuated rather expensively with a Price/Earnings ratio of 17.71.
SBLK's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of SBLK to the average of the S&P500 Index (25.51), we can say SBLK is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 6.18, the valuation of SBLK can be described as very cheap.
Based on the Price/Forward Earnings ratio, SBLK is valued a bit cheaper than 71.43% of the companies in the same industry.
SBLK is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.71 | ||
| Fwd PE | 6.18 |
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 77.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.81 | ||
| EV/EBITDA | 7.87 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y7.58%
EPS Next 3Y10.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.15%, SBLK is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.67, 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.15% |
5.2 History
The dividend of SBLK is nicely growing with an annual growth rate of 121.96%!
SBLK has been paying a dividend for at least 10 years, so it has 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
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 2Y7.58%
EPS Next 3Y10.42%
19.3
+0.15 (+0.78%)
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 Cap2.21B
Revenue(TTM)1.13B
Net Income(TTM)124.22M
Analysts83.08
Price Target23.07 (19.53%)
Short Float %1.76%
Short Ratio1.67
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 | 17.71 | ||
| Fwd PE | 6.18 | ||
| P/S | 1.95 | ||
| P/FCF | 7.81 | ||
| P/OCF | 6.95 | ||
| P/B | 0.92 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 7.87 |
EPS(TTM)1.09
EY5.65%
EPS(NY)3.12
Fwd EY16.19%
FCF(TTM)2.47
FCFY12.81%
OCF(TTM)2.78
OCFY14.38%
SpS9.9
BVpS21.01
TBVpS21.02
PEG (NY)N/A
PEG (5Y)0.3
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 | 1.18 |
F-Score7
WACC8.77%
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 17.71 and the Price/Book (PB) ratio is 0.92.
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.