20.75 USD
+0.24 (+1.17%)
20.75 USD
0 (0%)
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 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.
In the past year SBLK had a positive cash flow from operations.
Each year in the past 5 years SBLK has been profitable.
SBLK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.62%, SBLK is in line with its industry, outperforming 54.29% of the companies in the same industry.
SBLK has a Return On Equity (2.54%) which is in line with its industry peers.
SBLK has a Return On Invested Capital (2.87%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for SBLK is above the industry average of 7.60%.
The 3 year average ROIC (10.09%) for SBLK is well above the current ROIC(2.87%). The reason for the recent decline needs to be investigated.
| 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.
Looking at the Operating Margin, with a value of 11.81%, SBLK is in line with its industry, outperforming 51.43% of the companies in the same industry.
SBLK's Operating Margin has improved in the last couple of years.
SBLK has a Gross Margin of 43.32%. This is comparable to the rest of the industry: SBLK outperforms 48.57% of its industry peers.
SBLK's Gross Margin has improved in the last couple of years.
| 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.
The number of shares outstanding for SBLK has been increased compared to 1 year ago.
The number of shares outstanding for SBLK has been increased compared to 5 years ago.
Compared to 1 year ago, SBLK has an improved debt to assets ratio.
2.2 Solvency
SBLK has an Altman-Z score of 1.26. This is a bad value and indicates that SBLK is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.26, SBLK perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 4.48, SBLK is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
A Debt/Equity ratio of 0.36 indicates that SBLK is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.36, SBLK is in line with its industry, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.48 | ||
| Altman-Z | 1.26 |
ROIC/WACC0.35
WACC8.1%
2.3 Liquidity
SBLK has a Current Ratio of 1.72. This is a normal value and indicates that SBLK is financially healthy and should not expect problems in meeting its short term obligations.
SBLK has a Current ratio (1.72) which is in line with its industry peers.
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.
The Quick ratio of SBLK (1.56) is comparable to the rest of the 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%.
The Earnings Per Share has been growing by 59.69% on average over the past years. This is a very strong growth
SBLK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.87%.
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)-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
The Earnings Per Share is expected to grow by 2.81% on average over the next years.
Based on estimates for the next years, SBLK will show a decrease in Revenue. The Revenue will decrease by -1.63% on average per year.
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
Based on the Price/Earnings ratio of 31.44, the valuation of SBLK can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of SBLK is on the same level as its industry peers.
SBLK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.92.
A Price/Forward Earnings ratio of 7.04 indicates a rather cheap valuation of SBLK.
Based on the Price/Forward Earnings ratio, SBLK is valued a bit cheaper than 77.14% of the companies in the same industry.
SBLK is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.44 | ||
| Fwd PE | 7.04 |
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 | 9.93 | ||
| EV/EBITDA | 9.16 |
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)0.53
EPS Next 2Y4.49%
EPS Next 3Y7.22%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.56%, SBLK has a reasonable but not impressive dividend return.
SBLK's Dividend Yield is comparable with the industry average which is at 4.83.
SBLK's Dividend Yield is comparable with the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
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.
The dividend of SBLK decreased recently.
Dividend Growth(5Y)121.96%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
SBLK pays out 150.72% 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.
DP150.72%
EPS Next 2Y4.49%
EPS Next 3Y7.22%
20.75
+0.24 (+1.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners28.8%
Inst Owner Change0%
Ins Owners3.74%
Ins Owner ChangeN/A
Market Cap2.36B
Revenue(TTM)1.05B
Net Income(TTM)61.47M
Analysts83.08
Price Target23.4 (12.77%)
Short Float %1.52%
Short Ratio1.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
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)0.7%
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 | 31.44 | ||
| Fwd PE | 7.04 | ||
| P/S | 2.25 | ||
| P/FCF | 9.93 | ||
| P/OCF | 8.71 | ||
| P/B | 0.98 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 9.16 |
EPS(TTM)0.66
EY3.18%
EPS(NY)2.95
Fwd EY14.21%
FCF(TTM)2.09
FCFY10.07%
OCF(TTM)2.38
OCFY11.48%
SpS9.23
BVpS21.22
TBVpS21.22
PEG (NY)N/A
PEG (5Y)0.53
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 | 1.26 |
F-Score6
WACC8.1%
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 31.44 and the Price/Book (PB) ratio is 0.98.
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%.