Company Valuation: Star Bulk Carriers Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 848.3 2,315 1,975 1,783 1,762 2,105 - -
Change - 172.94% -14.71% -9.71% -1.14% 19.44% - -
Enterprise Value (EV) 1 2,225 3,386 2,976 2,760 2,598 2,666 2,462 2,182
Change - 52.16% -12.12% -7.23% -5.89% 2.61% -7.63% -11.37%
P/E ratio 88.3x 3.38x 3.48x 12.1x 5.34x 12.1x 5.98x 5.25x
PBR 0.55x 1.06x 0.98x 1.08x 0.65x 0.83x 0.79x 0.7x
PEG - 0x -0.2x -0.2x 0.1x -0.3x 0x 0.4x
Capitalization / Revenue 1.72x 1.93x 1.72x 2.56x 1.76x 2.4x 2.02x 1.98x
EV / Revenue 4.51x 2.82x 2.59x 3.97x 2.6x 3.04x 2.36x 2.05x
EV / EBITDA 9.71x 3.76x 3.68x 7.28x 4.95x 6.14x 4.38x 3.51x
EV / EBIT 25.6x 4.53x 4.56x 11.5x 7.2x 9.39x 6.39x 6.03x
EV / FCF 22.6x 5.32x 3.97x 4.83x 22.6x 9.02x 5.59x 3.73x
FCF Yield 4.43% 18.8% 25.2% 20.7% 4.43% 11.1% 17.9% 26.8%
Dividend per Share 2 - 4.25 5.1 1.42 2.14 0.8861 1.553 2.285
Rate of return - 18.7% 26.5% 6.68% 14.3% 4.87% 8.53% 12.5%
EPS 2 0.1 6.71 5.52 1.76 2.8 1.511 3.047 3.47
Distribution rate - 63.3% 92.4% 80.7% 76.4% 58.7% 51% 65.9%
Net sales 1 493.2 1,201 1,151 695.4 999.2 875.5 1,042 1,062
EBITDA 1 229.1 900.2 808.6 379.2 524.6 434.3 561.6 622.2
EBIT 1 86.78 747.6 651.9 240.8 360.6 284 385.4 361.8
Net income 1 9.66 680.5 566 173.6 304.7 170.5 317.5 402.7
Net Debt 1 1,377 1,070 1,001 977.4 835.3 560.4 356.9 77
Reference price 2 8.83 22.67 19.23 21.26 14.95 18.21 18.21 18.21
Nbr of stocks (in thousands) 96,068 102,130 102,688 83,862 117,892 115,604 - -
Announcement Date 2/17/21 2/16/22 2/16/23 2/13/24 2/18/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.06x3.05x6.3x4.62% 2.11B
6.04x0.92x2.99x7.6% 14.8B
3.32x0.9x2.51x17.77% 3.69B
9.43x - - 5.2% 2.52B
14.56x - - - 2.15B
4.35x0.74x2.48x7.97% 1.88B
3.96x1.88x4.06x25.99% 1.83B
3.29x1.62x2.19x3.85% 1.64B
12.11x4.39x10.53x6.57% 1.48B
Average 7.68x 1.93x 4.44x 9.95% 3.57B
Weighted average by Cap. 6.88x 1.36x 3.58x 9.33%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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