19.9 USD
+0.16 (+0.81%)
19.73 USD
-0.17 (-0.85%)
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 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.
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
Looking at the Return On Assets, with a value of 3.19%, SBLK is in line with its industry, outperforming 57.14% of the companies in the same industry.
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.
SBLK had an Average Return On Invested Capital over the past 3 years of 10.09%. This is significantly below the industry average of 18.17%.
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
The Profit Margin of SBLK (10.98%) is comparable to the rest of the industry.
SBLK's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 16.03%, SBLK is in line with its industry, outperforming 54.29% of the companies in the same 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.
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
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.
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
Based on the Altman-Z score of 1.20, we must say that SBLK is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.20, SBLK perfoms like the industry average, outperforming 51.43% of the companies in the same 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 68.57% 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 Debt to Equity ratio (0.40) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 4.2 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.47
WACC8.67%
2.3 Liquidity
SBLK has a Current Ratio of 1.61. 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 Current ratio, with a value of 1.61, SBLK is in line with its industry, outperforming 51.43% 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.
SBLK's Quick ratio of 1.42 is in line compared to the rest of the industry. SBLK outperforms 48.57% 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.
Measured over the past years, SBLK shows a very strong growth in Earnings Per Share. The EPS has been growing by 59.69% on average per year.
The Revenue has been growing slightly by 2.95% in the past 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
SBLK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.42% yearly.
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
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.
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 18.26.
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 26.31.
SBLK is valuated cheaply with a Price/Forward Earnings ratio of 6.37.
74.29% of the companies in the same industry are more expensive than SBLK, based on the Price/Forward Earnings ratio.
SBLK is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.26 | ||
| Fwd PE | 6.37 |
4.2 Price Multiples
SBLK's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SBLK is valued a bit cheaper than 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.05 | ||
| EV/EBITDA | 8 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.31
EPS Next 2Y7.58%
EPS Next 3Y10.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.60%, SBLK has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.57, SBLK has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.40, SBLK is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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
SBLK pays out 137.06% 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.
DP137.06%
EPS Next 2Y7.58%
EPS Next 3Y10.42%
19.9
+0.16 (+0.81%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners30.99%
Inst Owner Change-8.18%
Ins Owners3.73%
Ins Owner ChangeN/A
Market Cap2.27B
Revenue(TTM)1.13B
Net Income(TTM)124.22M
Analysts83.08
Price Target23.24 (16.78%)
Short Float %1.76%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.6% |
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)1.61%
PT rev (3m)5.37%
EPS NQ rev (1m)6.6%
EPS NQ rev (3m)-28.93%
EPS NY rev (1m)0%
EPS NY rev (3m)-19.09%
Revenue NQ rev (1m)1.21%
Revenue NQ rev (3m)-5.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.26 | ||
| Fwd PE | 6.37 | ||
| P/S | 2.01 | ||
| P/FCF | 8.05 | ||
| P/OCF | 7.17 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | 8 |
EPS(TTM)1.09
EY5.48%
EPS(NY)3.12
Fwd EY15.7%
FCF(TTM)2.47
FCFY12.42%
OCF(TTM)2.78
OCFY13.95%
SpS9.9
BVpS21.01
TBVpS21.02
PEG (NY)N/A
PEG (5Y)0.31
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 | 1.2 |
F-Score7
WACC8.67%
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 4 / 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 18.26 and the Price/Book (PB) ratio is 0.95.
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.