Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Stellar Acquisition III. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Stellar Acquisition III's
is considered below, and whether this is a fair price.
Price based on past earnings
Stellar Acquisition III's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Stellar Acquisition III has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Stellar Acquisition III
expected to grow at an
Unable to compare Stellar Acquisition III's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Stellar Acquisition III's earnings growth to the United States of America market average as no estimate data is available.
Unable to compare Stellar Acquisition III's revenue growth to the United States of America market average as no estimate data is available.
Unable to determine if Stellar Acquisition III is high growth as no earnings estimate data is available.
Unable to determine if Stellar Acquisition III is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Stellar Acquisition III's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Stellar Acquisition III
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Stellar Acquisition III's finances.
The net worth of a company is the difference between its assets and liabilities.
Stellar Acquisition III's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Stellar Acquisition III's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Stellar Acquisition III's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Prokopios N. Tsirigakis, also known as Akis, serves as the Chairman, Co-Chief Executive Officer and President of Nautilus Marine Acquisition Corp. He has been the Chairman and co-Chief Executive Officer of Stellar Acquisition III Inc. since December 2015. Mr. Tsirigakis has been Vice President of Offshore Segment at DryShips Inc. since November 16, 2015. Mr. Tsirigakis served as the Joint Managing Director of the Oceanbulk Group (Oceanbulk Maritime S.A.0 since November 2003 and Managing Director of Combine Marine Inc. from November 1998 to November 2007. He was the founder of Combine Marine Inc. He served as the Chief Executive Officer and President of Star Bulk Carriers Corp. from May 13, 2005 to February 7, 2011. From May 2005 to November 2007, he founded and served as Chairman of the Board, Chief Executive Officer and President of Star Maritime Acquisition Corp. Mr. Tsirigakis is experienced in ship ownership, ship management and new shipbuilding projects. He has three years of seagoing experience. Mr. Tsirigakis started up and established Combine as a third-party ship management company. He has previously owned and successfully operated bulk carriers. From 1991 to 1998, he served as Vice-President and Technical Director of Konkar Shipping S.A. of Athens and Technical Manager of Arcon Shipping Inc. of New York from 1984 to 1991. From 1982 to 1984, Mr. Tsirigakis served as the Technical Manager of Konkars affiliate, Arkon Shipping Agencies Inc. of New York, a part of the Archirodon Construction Group. He served as the Chairman at Star Bulk Carriers Corp., since May 13, 2005 and served as its Director from May 13, 2005 to March 31, 2012. He has been a Director of Ocean Rig Management Inc. since September 2011. He served as an Independent Director of Ocean Rig UDW Inc. from September 12, 2011 to December 3, 2015. He served as a Director of DryShips Inc. from February 2005 to May 30, 2006. He is a life-member of The Propeller Club of the United States, a member of the Technical Committee (CASTEC) of Intercargo, the International Association of Dry Cargo Shipowners, President of the Hellenic Technical Committee of RINA, the Italian Classification Society and member of the Technical Committees of various Classification Societies. He participates in the Intercargo Committee, Classification societies and the Union of Greek Shipowners, SNAME. Mr. Tsirigakis received a Masters and BSc in Naval Architecture from The University of Michigan, Ann Arbor.
Insufficient data for Akis to compare compensation growth.
Insufficient data for Akis to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Board of Directors Tenure
Average tenure and age of the
Stellar Acquisition III
board of directors in years:
The average tenure for the Stellar Acquisition III board of directors is less than 3 years, this suggests a new board.
Is Now The Time To Bet On The Financial Sector And Stellar Acquisition III Inc (STLR)?
NasdaqCM:STLR Growth In Earnings Oct 26th 17 The threat of disintermediation in the capital markets industry is both real and imminent, taking profits away from traditional incumbent financial institutions. … Given the lack of analyst consensus in STLR’s outlook, we could potentially assume the stock’s growth rate broadly follows its capital markets industry peers. … NasdaqCM:STLR PE PEG Gauge Oct 26th 17 The capital markets industry is trading at a PE ratio of 19x, relatively similar to the rest of the US stock market PE of 22x.
Stellar Acquisition III Inc. does not have significant operations. The company intends to acquire through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, recapitalization, exchangeable share transactions, or other similar business transactions with one or more operating businesses or assets. Stellar Acquisition III Inc. was founded in 2015 and is based in Athens, Greece.
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