ISTAR INC (STAR) Stock Fundamental Analysis
NYSE:STAR - New York Stock Exchange, Inc. - US45031U1016 - REIT - Currency: USD
STAR gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 129 industry peers in the Diversified REITs industry. Both the profitability and the financial health of STAR get a neutral evaluation. Nothing too spectacular is happening here. STAR is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year STAR was profitable.
STAR had a positive operating cash flow in the past year.
In multiple years STAR reported negative net income over the last 5 years.
In multiple years STAR reported negative operating cash flow during the last 5 years.
1.2 Ratios
With an excellent Return On Assets value of 12.23%, STAR belongs to the best of the industry, outperforming 99.26% of the companies in the same industry.
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's Gross Margin of 27.65% is on the low side compared to the rest of the industry. STAR is outperformed by 91.85% of its industry peers.
In the last couple of years the Gross Margin of STAR has declined.
| 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 debt/assets ratio for STAR has been reduced compared to a year ago.
2.2 Solvency
STAR has an Altman-Z score of -0.17. This is a bad value and indicates that STAR is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of STAR (-0.17) is worse than 85.19% of its industry peers.
A Debt/Equity ratio of 1.19 is on the high side and indicates that STAR has dependencies on debt financing.
The Debt to Equity ratio of STAR (1.19) is comparable to the rest of the 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
STAR has a Current Ratio of 12.68. This indicates that STAR is financially healthy and has no problem in meeting its short term obligations.
STAR has a better Current ratio (12.68) than 98.52% of its industry peers.
A Quick Ratio of 12.64 indicates that STAR has no problem at all paying its short term obligations.
STAR has a Quick ratio of 12.64. This is amongst the best in 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.
The Earnings Per Share has been growing by 22.38% on average over the past years. This is a very strong growth
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 Q2Q%-169.7%
Revenue 1Y (TTM)-56.33%
Revenue growth 3Y-30.92%
Revenue growth 5Y-25.29%
Sales 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
The Revenue is expected to decrease by -3.03% on average over the next years.
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
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
STAR is valuated cheaply with a Price/Earnings ratio of 1.13.
Based on the Price/Earnings ratio, STAR is valued cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.84. STAR is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 35.62, STAR can be considered very expensive at the moment.
71.85% of the companies in the same industry are more expensive than STAR, based on the Price/Forward Earnings ratio.
STAR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 34.94, which is the current average of the S&P500 Index.
| 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
STAR has a Yearly Dividend Yield of 1.26%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 6.54, STAR's dividend is way lower than its industry peers. On top of this 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 2.36.
| 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%
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 Owners0%
Inst Owner Change0%
Ins Owners0.73%
Ins Owner Change0%
Market Cap662.56M
Analysts77.78
Price Target32.98 (332.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.26% |
Yearly Dividend0.3
Dividend Growth(5Y)N/A
DP13.5%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-497.55%
Min EPS beat(2)-1703.92%
Max EPS beat(2)708.82%
EPS beat(4)3
Avg EPS beat(4)-221.33%
Min EPS beat(4)-1703.92%
Max EPS beat(4)708.82%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-9.4%
Min Revenue beat(2)-32.99%
Max Revenue beat(2)14.2%
Revenue beat(4)2
Avg Revenue beat(4)-7.65%
Min Revenue beat(4)-32.99%
Max Revenue beat(4)15.78%
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)46.97%
PT rev (3m)26.8%
EPS NQ rev (1m)-40.91%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-63.16%
Revenue NQ rev (1m)1.02%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-33.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.13 | ||
| Fwd PE | 35.62 | ||
| P/S | 4.19 | ||
| P/FCF | N/A | ||
| P/OCF | 13.9 | ||
| P/B | 0.47 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)6.78
EY88.86%
EPS(NY)0.21
Fwd EY2.81%
FCF(TTM)-0.18
FCFYN/A
OCF(TTM)0.55
OCFY7.19%
SpS1.82
BVpS16.22
TBVpS16.22
PEG (NY)N/A
PEG (5Y)0.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.23% | ||
| ROE | 28.24% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 251.69% | ||
| GM | 27.65% | ||
| FCFM | 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
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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%
F-Score5
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.19 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 1157.7% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 12.68 | ||
| Quick Ratio | 12.64 | ||
| Altman-Z | -0.17 |
F-Score5
WACC6.45%
ROIC/WACCN/A
Cap/Depr(3y)459.72%
Cap/Depr(5y)483.37%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)92.07%
EPS 3Y23.49%
EPS 5Y22.38%
EPS Q2Q%-169.7%
EPS Next Y-96.84%
EPS Next 2Y-65.31%
EPS Next 3Y-49.62%
EPS Next 5YN/A
Revenue 1Y (TTM)-56.33%
Revenue growth 3Y-30.92%
Revenue growth 5Y-25.29%
Sales Q2Q%-40.35%
Revenue Next Year-42.62%
Revenue Next 2Y-5.74%
Revenue Next 3Y-3.03%
Revenue Next 5YN/A
EBIT growth 1Y-164.81%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year4.92%
EBIT Next 3Y10.96%
EBIT Next 5YN/A
FCF growth 1Y83.28%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y334.5%
OCF growth 3YN/A
OCF growth 5Y-14.03%