19.64 USD
-1.11 (-5.35%)
19.73 USD
+0.09 (+0.46%)
SBLK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 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.
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.
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 1.62% is in line compared to the rest of the industry. SBLK outperforms 54.29% of its industry peers.
The Return On Equity of SBLK (2.54%) is comparable to the rest of the industry.
The Return On Invested Capital of SBLK (2.87%) is comparable to the rest of the industry.
SBLK had an Average Return On Invested Capital over the past 3 years of 10.09%. This is above the industry average of 7.59%.
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 Rank | Sector 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%
1.3 Margins
With a Profit Margin value of 5.85%, SBLK perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
SBLK's Profit Margin has declined in the last couple of years.
SBLK's Operating Margin of 11.81% 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 Operating Margin of SBLK has grown nicely.
With a Gross Margin value of 43.32%, SBLK perfoms like the industry average, outperforming 48.57% of the companies in the same industry.
In the last couple of years the Gross Margin of SBLK has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SBLK is still creating some value.
SBLK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SBLK has more shares outstanding
Compared to 1 year ago, SBLK has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.22, we must say that SBLK is in the distress zone and has some risk of bankruptcy.
SBLK's Altman-Z score of 1.22 is in line compared to the rest of the industry. SBLK outperforms 54.29% 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.
SBLK has a Debt to FCF ratio of 4.48. This is in the better half of the industry: SBLK outperforms 77.14% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that SBLK is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.36, SBLK perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.48 | ||
| Altman-Z | 1.22 |
ROIC/WACC0.35
WACC8.15%
2.3 Liquidity
A Current Ratio of 1.72 indicates that SBLK should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.72, SBLK is in line with its industry, outperforming 54.29% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 1.56, SBLK is in line with its industry, outperforming 51.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
SBLK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -78.64%.
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 for SBLK has decreased by -13.87% in the past year. This is quite bad
SBLK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.03% yearly.
EPS 1Y (TTM)-78.64%
EPS 3Y-26.39%
EPS 5Y59.69%
EPS Q2Q%-60.56%
Revenue 1Y (TTM)-13.87%
Revenue growth 3Y-3.93%
Revenue growth 5Y9.03%
Sales Q2Q%-36.93%
3.2 Future
Based on estimates for the next years, SBLK will show a small growth in Earnings Per Share. The EPS will grow by 2.81% on average per year.
SBLK is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.63% yearly.
EPS Next Y-65.62%
EPS Next 2Y4.49%
EPS Next 3Y7.22%
EPS Next 5Y2.81%
Revenue Next Year-13.01%
Revenue Next 2Y1.98%
Revenue Next 3Y2.23%
Revenue Next 5Y-1.63%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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 quite expensively with a Price/Earnings ratio of 29.76.
The rest of the industry has a similar Price/Earnings ratio as SBLK.
Compared to an average S&P500 Price/Earnings ratio of 27.19, SBLK is valued at the same level.
With a Price/Forward Earnings ratio of 6.66, the valuation of SBLK can be described as very cheap.
77.14% of the companies in the same industry are more expensive than SBLK, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, SBLK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.76 | ||
| Fwd PE | 6.66 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SBLK.
77.14% of the companies in the same industry are more expensive than SBLK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.4 | ||
| EV/EBITDA | 8.85 |
4.3 Compensation for Growth
SBLK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.5
EPS Next 2Y4.49%
EPS Next 3Y7.22%
5. Dividend
5.1 Amount
SBLK has a Yearly Dividend Yield of 1.45%.
SBLK's Dividend Yield is comparable with the industry average which is at 53.09.
SBLK's Dividend Yield is slightly below the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
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
150.72% 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.
DP150.72%
EPS Next 2Y4.49%
EPS Next 3Y7.22%
19.64
-1.11 (-5.35%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners28.8%
Inst Owner Change-0.02%
Ins Owners3.74%
Ins Owner ChangeN/A
Market Cap2.24B
Revenue(TTM)1.05B
Net Income(TTM)61.47M
Analysts81.67
Price Target23.4 (19.14%)
Short Float %1.52%
Short Ratio1.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
Yearly Dividend2.75
Dividend Growth(5Y)121.96%
DP150.72%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)0%
PT rev (3m)2.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-29.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-50.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.76 | ||
| Fwd PE | 6.66 | ||
| P/S | 2.13 | ||
| P/FCF | 9.4 | ||
| P/OCF | 8.25 | ||
| P/B | 0.93 | ||
| P/tB | 0.93 | ||
| EV/EBITDA | 8.85 |
EPS(TTM)0.66
EY3.36%
EPS(NY)2.95
Fwd EY15.01%
FCF(TTM)2.09
FCFY10.64%
OCF(TTM)2.38
OCFY12.13%
SpS9.23
BVpS21.22
TBVpS21.22
PEG (NY)N/A
PEG (5Y)0.5
Graham Number17.75
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 1.22 |
F-Score6
WACC8.15%
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)-78.64%
EPS 3Y-26.39%
EPS 5Y59.69%
EPS Q2Q%-60.56%
EPS Next Y-65.62%
EPS Next 2Y4.49%
EPS Next 3Y7.22%
EPS Next 5Y2.81%
Revenue 1Y (TTM)-13.87%
Revenue growth 3Y-3.93%
Revenue growth 5Y9.03%
Sales Q2Q%-36.93%
Revenue Next Year-13.01%
Revenue Next 2Y1.98%
Revenue Next 3Y2.23%
Revenue Next 5Y-1.63%
EBIT growth 1Y-66.27%
EBIT growth 3Y-21.76%
EBIT growth 5Y35.09%
EBIT Next Year-11.8%
EBIT Next 3Y16.99%
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 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 6 / 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 29.76 and the Price/Book (PB) ratio is 0.93.
Is the dividend of STAR BULK CARRIERS CORP sustainable?
The dividend rating of STAR BULK CARRIERS CORP (SBLK) is 3 / 10 and the dividend payout ratio is 150.72%.