ISTAR INC (STAR)
US45031U1016 - REIT
STAR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. STAR has an average financial health and profitability rating. STAR has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year STAR was profitable.
STAR had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: STAR reported negative net income in multiple years.
In multiple years STAR reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of STAR (12.23%) is better than 99.26% of its industry peers.
With an excellent Return On Equity value of 28.24%, STAR belongs to the best of the industry, outperforming 95.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.23% | ||
| ROE | 28.24% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 251.69%, STAR belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
STAR's Profit Margin has improved in the last couple of years.
STAR has a Gross Margin of 27.65%. This is amonst the worse of the industry: STAR underperforms 91.85% of its industry peers.
STAR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 251.69% | ||
| GM | 27.65% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y60.57%
PM growth 5Y72.82%
GM growth 3Y-22.13%
GM growth 5Y-11.74%
2. Health
2.1 Basic Checks
STAR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, STAR has more shares outstanding
The number of shares outstanding for STAR has been increased compared to 5 years ago.
The debt/assets ratio for STAR has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.17, we must say that STAR is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.17, STAR is not doing good in the industry: 85.19% of the companies in the same industry are doing better.
A Debt/Equity ratio of 1.19 is on the high side and indicates that STAR has dependencies on debt financing.
With a Debt to Equity ratio value of 1.19, STAR perfoms like the industry average, outperforming 43.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.17 |
ROIC/WACCN/A
WACC6.45%
2.3 Liquidity
A Current Ratio of 12.68 indicates that STAR has no problem at all paying its short term obligations.
With an excellent Current ratio value of 12.68, STAR belongs to the best of the industry, outperforming 98.52% of the companies in the same industry.
STAR has a Quick Ratio of 12.64. This indicates that STAR is financially healthy and has no problem in meeting its short term obligations.
STAR's Quick ratio of 12.64 is amongst the best of the industry. STAR outperforms 98.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 12.68 | ||
| Quick Ratio | 12.64 |
3. Growth
3.1 Past
STAR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 92.07%, which is quite impressive.
Measured over the past years, STAR shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.38% on average per year.
Looking at the last year, STAR shows a very negative growth in Revenue. The Revenue has decreased by -56.33% in the last year.
The Revenue for STAR have been decreasing by -25.29% on average. This is quite bad
EPS 1Y (TTM)92.07%
EPS 3Y23.49%
EPS 5Y22.38%
EPS growth Q2Q-169.7%
Revenue 1Y (TTM)-56.33%
Revenue growth 3Y-30.92%
Revenue growth 5Y-25.29%
Revenue growth Q2Q-40.35%
3.2 Future
The Earnings Per Share is expected to decrease by -49.62% on average over the next years. This is quite bad
Based on estimates for the next years, STAR will show a decrease in Revenue. The Revenue will decrease by -3.03% on average per year.
EPS Next Y-96.84%
EPS Next 2Y-65.31%
EPS Next 3Y-49.62%
EPS Next 5YN/A
Revenue Next Year-42.62%
Revenue Next 2Y-5.74%
Revenue Next 3Y-3.03%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 1.13, which indicates a rather cheap valuation of STAR.
Based on the Price/Earnings ratio, STAR is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
STAR's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.73.
The Price/Forward Earnings ratio is 35.62, which means the current valuation is very expensive for STAR.
Based on the Price/Forward Earnings ratio, STAR is valued a bit cheaper than the industry average as 71.85% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of STAR to the average of the S&P500 Index (20.41), we can say STAR is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.13 | ||
| Fwd PE | 35.62 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
STAR's earnings are expected to decrease with -49.62% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.05
EPS Next 2Y-65.31%
EPS Next 3Y-49.62%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.26%, STAR has a reasonable but not impressive dividend return.
With a Dividend Yield of 1.26, STAR pays less dividend than the industry average, which is at 5.85. 80.00% of the companies listed in the same industry pay a better dividend than STAR!
With a Dividend Yield of 1.26, STAR pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
5.2 History
STAR has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
STAR pays out 13.50% of its income as dividend. This is a sustainable payout ratio.
DP13.5%
EPS Next 2Y-65.31%
EPS Next 3Y-49.62%
ISTAR INC
NYSE:STAR (3/30/2023, 7:18:09 PM)
After market: 8.19 +0.56 (+7.34%)7.63
+0.15 (+2.01%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap662.56M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.13 | ||
| Fwd PE | 35.62 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.23% | ||
| ROE | 28.24% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 251.69% | ||
| GM | 27.65% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 12.68 | ||
| Quick Ratio | 12.64 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)92.07%
EPS 3Y23.49%
EPS 5Y
EPS growth Q2Q
EPS Next Y-96.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-56.33%
Revenue growth 3Y-30.92%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y