Star Bulk Carriers Corp.

Star Bulk Carriers Corp. transports dry bulk cargoes worldwide. The companys vessels carry iron ores, minerals, grains, bauxite, fertilizers, and steel products. As of December 31, 2023, it owned a fleet of 116 vessels with combined carrying capacity of 13.1 million deadweight tonnage (dwt). The fleet consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels. Carrying capacities range from 53,489 dwt to 209,537 dwt.

Overview

Sector

Marine Shipping

Target Price

11.1 USD

Current Price

17.4 USD

Potential

-36%

Strengths

Current Price to Earnings Ratio (6.72) is lower than the sector mean (19.23).
EV/EBITDA (5.39) is lower than the sector mean (9.41).
Price to free cash flow (4.92) is lower than the sector mean.
Strong EBITDA Margin of 42.16%.

Weaknesses

With a depreciation Potential of -35.95%, based on our fundamental analysis, it suggests the stock may be overvalued.
Analysts expect revenues to decline in the coming year.

Key Financial Data

Indicator	Value
PER	6.7
EV/EBITDA	5.4
Price/Free Cash Flow'	4.9
ROIC	12.6%
Net Debt/EBITDA	1.6