SAFE BULKERS INC (SB) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SB - MHY7388L1039 - Common Stock
4.82 USD
+0.03 (+0.63%)
4.82 USD
0 (0%)
Taking everything into account, SB scores 5 out of 10 in our fundamental rating. SB was compared to 35 industry peers in the Marine Transportation industry. SB has an excellent profitability rating, but there are concerns on its financial health. SB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
SB had positive earnings in the past year.
Of the past 5 years SB 4 years were profitable.
Each year in the past 5 years SB had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 2.71%, SB is doing good in the industry, outperforming 65.71% of the companies in the same industry.
The Return On Equity of SB (4.58%) is better than 62.86% of its industry peers.
SB has a Return On Invested Capital (4.28%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for SB is in line with the industry average of 6.93%.
The last Return On Invested Capital (4.28%) for SB is well below the 3 year average (8.37%), which needs to be investigated, but indicates that SB had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.71% | ||
| ROE | 4.58% | ||
| ROIC | 4.28% |
ROA(3y)8.23%
ROA(5y)7.47%
ROE(3y)13.56%
ROE(5y)11.82%
ROIC(3y)8.37%
ROIC(5y)8.01%
1.3 Margins
With a decent Profit Margin value of 13.87%, SB is doing good in the industry, outperforming 74.29% of the companies in the same industry.
SB's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 25.96%, SB is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of SB has grown nicely.
The Gross Margin of SB (58.72%) is better than 74.29% of its industry peers.
SB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.96% | ||
| PM (TTM) | 13.87% | ||
| GM | 58.72% |
OM growth 3Y-12.7%
OM growth 5Y10.28%
PM growth 3Y-16.39%
PM growth 5Y67.95%
GM growth 3Y-1.81%
GM growth 5Y1.34%
2. Health
2.1 Basic Checks
SB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for SB has been reduced compared to 1 year ago.
Compared to 5 years ago, SB has more shares outstanding
SB has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.45, we must say that SB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of SB (1.45) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.58 indicates that SB is somewhat dependend on debt financing.
SB has a worse Debt to Equity ratio (0.58) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.45 |
ROIC/WACC0.49
WACC8.67%
2.3 Liquidity
SB has a Current Ratio of 1.91. This is a normal value and indicates that SB is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of SB (1.91) is comparable to the rest of the industry.
A Quick Ratio of 1.74 indicates that SB should not have too much problems paying its short term obligations.
SB's Quick ratio of 1.74 is in line compared to the rest of the industry. SB outperforms 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.74 |
3. Growth
3.1 Past
SB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -56.58%.
SB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 62.51% yearly.
SB shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.74%.
The Revenue has been growing by 9.23% on average over the past years. This is quite good.
EPS 1Y (TTM)-56.58%
EPS 3Y-18.15%
EPS 5Y62.51%
EPS Q2Q%-25%
Revenue 1Y (TTM)-13.74%
Revenue growth 3Y-2.22%
Revenue growth 5Y9.23%
Sales Q2Q%-3.75%
3.2 Future
Based on estimates for the next years, SB will show a small growth in Earnings Per Share. The EPS will grow by 6.39% on average per year.
The Revenue is expected to grow by 3.05% on average over the next years.
EPS Next Y-47.74%
EPS Next 2Y3.34%
EPS Next 3Y6.39%
EPS Next 5YN/A
Revenue Next Year-10.96%
Revenue Next 2Y0.64%
Revenue Next 3Y3.05%
Revenue Next 5YN/A
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
Based on the Price/Earnings ratio of 14.61, the valuation of SB can be described as correct.
SB's Price/Earnings ratio is a bit cheaper when compared to the industry. SB is cheaper than 62.86% of the companies in the same industry.
SB is valuated rather cheaply when we compare the Price/Earnings ratio to 26.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.64 indicates a rather cheap valuation of SB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SB indicates a somewhat cheap valuation: SB is cheaper than 71.43% of the companies listed in the same industry.
SB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.61 | ||
| Fwd PE | 6.64 |
4.2 Price Multiples
SB's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. SB is cheaper than 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.96 |
4.3 Compensation for Growth
SB has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y3.34%
EPS Next 3Y6.39%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.86%, SB is a good candidate for dividend investing.
SB's Dividend Yield is rather good when compared to the industry average which is at 5.65. SB pays more dividend than 85.71% of the companies in the same industry.
SB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.86% |
5.2 History
The dividend of SB is nicely growing with an annual growth rate of 19.59%!
SB has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of SB decreased recently.
Dividend Growth(5Y)19.59%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The dividend of SB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DPN/A
EPS Next 2Y3.34%
EPS Next 3Y6.39%
4.82
+0.03 (+0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners29.78%
Inst Owner Change1.3%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap493.23M
Revenue(TTM)274.66M
Net Income(TTM)38.09M
Analysts84
Price Target5.56 (15.35%)
Short Float %3.14%
Short Ratio3.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.86% |
Yearly Dividend0.27
Dividend Growth(5Y)19.59%
DPN/A
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-34.81%
Min EPS beat(2)-86.13%
Max EPS beat(2)16.5%
EPS beat(4)3
Avg EPS beat(4)-1.84%
Min EPS beat(4)-86.13%
Max EPS beat(4)61.81%
EPS beat(8)4
Avg EPS beat(8)-0.81%
EPS beat(12)6
Avg EPS beat(12)-1.56%
EPS beat(16)8
Avg EPS beat(16)1.02%
Revenue beat(2)2
Avg Revenue beat(2)4.46%
Min Revenue beat(2)2.14%
Max Revenue beat(2)6.78%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9%
PT rev (3m)12.37%
EPS NQ rev (1m)-15.38%
EPS NQ rev (3m)-32.65%
EPS NY rev (1m)-15.85%
EPS NY rev (3m)-15.85%
Revenue NQ rev (1m)-4.11%
Revenue NQ rev (3m)-10.37%
Revenue NY rev (1m)-2.78%
Revenue NY rev (3m)-2.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.61 | ||
| Fwd PE | 6.64 | ||
| P/S | 1.8 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.59 | ||
| P/tB | 0.59 | ||
| EV/EBITDA | 6.96 |
EPS(TTM)0.33
EY6.85%
EPS(NY)0.73
Fwd EY15.07%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS2.68
BVpS8.13
TBVpS8.13
PEG (NY)N/A
PEG (5Y)0.23
Graham Number7.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.71% | ||
| ROE | 4.58% | ||
| ROCE | 5.42% | ||
| ROIC | 4.28% | ||
| ROICexc | 4.73% | ||
| ROICexgc | 4.73% | ||
| OM | 25.96% | ||
| PM (TTM) | 13.87% | ||
| GM | 58.72% | ||
| FCFM | N/A |
ROA(3y)8.23%
ROA(5y)7.47%
ROE(3y)13.56%
ROE(5y)11.82%
ROIC(3y)8.37%
ROIC(5y)8.01%
ROICexc(3y)9.14%
ROICexc(5y)8.81%
ROICexgc(3y)9.14%
ROICexgc(5y)8.81%
ROCE(3y)10.6%
ROCE(5y)10.14%
ROICexgc growth 3Y-22.15%
ROICexgc growth 5Y14.43%
ROICexc growth 3Y-22.15%
ROICexc growth 5Y14.43%
OM growth 3Y-12.7%
OM growth 5Y10.28%
PM growth 3Y-16.39%
PM growth 5Y67.95%
GM growth 3Y-1.81%
GM growth 5Y1.34%
F-ScoreN/A
Asset Turnover0.2
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.58 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.7 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.91 | ||
| Quick Ratio | 1.74 | ||
| Altman-Z | 1.45 |
F-ScoreN/A
WACC8.67%
ROIC/WACC0.49
Cap/Depr(3y)335.15%
Cap/Depr(5y)261.38%
Cap/Sales(3y)57.66%
Cap/Sales(5y)46.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-56.58%
EPS 3Y-18.15%
EPS 5Y62.51%
EPS Q2Q%-25%
EPS Next Y-47.74%
EPS Next 2Y3.34%
EPS Next 3Y6.39%
EPS Next 5YN/A
Revenue 1Y (TTM)-13.74%
Revenue growth 3Y-2.22%
Revenue growth 5Y9.23%
Sales Q2Q%-3.75%
Revenue Next Year-10.96%
Revenue Next 2Y0.64%
Revenue Next 3Y3.05%
Revenue Next 5YN/A
EBIT growth 1Y-41.57%
EBIT growth 3Y-14.63%
EBIT growth 5Y20.46%
EBIT Next Year8.69%
EBIT Next 3Y14.53%
EBIT Next 5YN/A
FCF growth 1Y83.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.75%
OCF growth 3Y-15.63%
OCF growth 5Y17.48%
SAFE BULKERS INC / SB FAQ
What is the fundamental rating for SB stock?
ChartMill assigns a fundamental rating of 5 / 10 to SB.
What is the valuation status of SAFE BULKERS INC (SB) stock?
ChartMill assigns a valuation rating of 5 / 10 to SAFE BULKERS INC (SB). This can be considered as Fairly Valued.
How profitable is SAFE BULKERS INC (SB) stock?
SAFE BULKERS INC (SB) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for SB stock?
The Price/Earnings (PE) ratio for SAFE BULKERS INC (SB) is 14.61 and the Price/Book (PB) ratio is 0.59.