Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide.
Reasonable growth potential and fair value.
Share Price & News
How has Star Bulk Carriers's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4FAP's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 4FAP underperformed the German Shipping industry which returned 14.2% over the past year.
Return vs Market: 4FAP underperformed the German Market which returned 14% over the past year.
Price Volatility Vs. Market
How volatile is Star Bulk Carriers's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Star Bulk Carriers undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 4FAP (€6.2) is trading below our estimate of fair value (€25.13)
Significantly Below Fair Value: 4FAP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 4FAP is unprofitable, so we can't compare its PE Ratio to the XE Shipping industry average.
PE vs Market: 4FAP is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4FAP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4FAP is good value based on its PB Ratio (0.5x) compared to the XE Shipping industry average (0.7x).
How is Star Bulk Carriers forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 4FAP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: 4FAP is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 4FAP's is expected to become profitable in the next 3 years.
Revenue vs Market: 4FAP's revenue (6.6% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: 4FAP's revenue (6.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 4FAP's Return on Equity is forecast to be low in 3 years time (13.2%).
How has Star Bulk Carriers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4FAP is currently unprofitable.
Growing Profit Margin: 4FAP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 4FAP is unprofitable, but has reduced losses over the past 5 years at a rate of 60.8% per year.
Accelerating Growth: Unable to compare 4FAP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 4FAP is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-8.7%).
Return on Equity
High ROE: 4FAP has a negative Return on Equity (-0.81%), as it is currently unprofitable.
How is Star Bulk Carriers's financial position?
Financial Position Analysis
Short Term Liabilities: 4FAP's short term assets ($223.5M) do not cover its short term liabilities ($324.5M).
Long Term Liabilities: 4FAP's short term assets ($223.5M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: 4FAP's debt to equity ratio (76.2%) is considered high.
Reducing Debt: 4FAP's debt to equity ratio has increased from 64.1% to 76.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 4FAP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 4FAP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Star Bulk Carriers's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 4FAP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 4FAP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 4FAP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 4FAP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 4FAP is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 4FAP's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Petros Pappas (67 yo)
Mr. Petros A. Pappas is a Founder of Star Bulk Carriers Corp. and has been its Chief Executive Officer since July 2014. Mr. Pappas serves as Principal Executive Officer of Star Cosmo LLC, Star Alpha LLC, S ...
|President||6.08yrs||no data||no data|
|Co-Chief Financial Officer||8.92yrs||no data||no data|
|Co-Chief Financial Officer||6.08yrs||no data||0.14% |
|Chief Operating Officer||6.08yrs||no data||no data|
|Executive Vice President of Technical Operations||no data||no data||no data|
|Co-General Counsel||no data||no data||no data|
|Chief Strategy Officer||3.33yrs||no data||no data|
|Senior Vice President||2.08yrs||no data||no data|
|Head of Market Research||no data||no data||no data|
Experienced Management: 4FAP's management team is seasoned and experienced (6.1 years average tenure).
|Director||2.08yrs||no data||2.25% |
|Independent Director||no data||US$35.67k||0.078% |
|Independent Non-Executive Chairman||6.08yrs||US$15.49k||0.27% |
|Director||0.58yr||no data||no data|
|Independent Director||5.5yrs||no data||0.0049% |
|Director||0.25yr||no data||no data|
|Independent Director||4.25yrs||no data||0.042% |
|Director||0.25yr||no data||no data|
|Director||2yrs||no data||no data|
|Director||0.58yr||no data||no data|
Experienced Board: 4FAP's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 4FAP insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Star Bulk Carriers Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Star Bulk Carriers Corp.
- Ticker: 4FAP
- Exchange: DB
- Founded: 2006
- Industry: Marine
- Sector: Transportation
- Market Cap: US$714.742m
- Listing Market Cap: US$604.243m
- Shares outstanding: 96.07m
- Website: https://www.starbulk.com
Number of Employees
- Star Bulk Carriers Corp.
- 40 Agiou Konstantinou Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SBLK||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2014|
|4FAP||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2014|
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company’s vessels transport a range of major bulks, including iron ores, coal, and grain ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 10:12|
|End of Day Share Price||2020/08/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.