Discounted Cash Flow

Star Bulk Carriers Corp. Foreign

SBLK · Based on 10 years of SEC filings

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $222.1m $-154.2m $-429.6m -69.4% $-3.24
2017 $332.0m (49.5%) $-9.8m (93.7%) $-62.7m (85.4%) -2.9% (95.8%) $-0.16 (95.1%)
2018 $651.6m (96.3%) $58.4m (697.7%) $-159.6m (-154.5%) 9.0% (404.5%) $0.76 (575.0%)
2019 $821.4m (26.1%) $-16.2m (-127.7%) $-16.2m (89.9%) -2.0% (-122.0%) $-0.17 (-122.4%)
2020 $693.2m (-15.6%) $9.7m (159.6%) $9.7m (159.6%) 1.4% (170.6%) $0.10 (158.8%)
2021 $1.4b (105.9%) $680.5m (6944.8%) $636.9m (6493.4%) 47.7% (3321.4%) $6.73 (6630.0%)
2022 $1.4b (0.7%) $566.0m (-16.8%) $744.5m (16.9%) 39.4% (-17.4%) $5.54 (-17.7%)
2023 $949.3m (-33.9%) $173.6m (-69.3%) $317.7m (-57.3%) 18.3% (-53.6%) $1.76 (-68.2%)
2024 $1.3b (33.3%) $304.7m (75.5%) $416.1m (31.0%) 24.1% (31.7%) $2.85 (61.9%)
2025 $1.0b (-17.6%) $84.2m (-72.4%) $211.9m (-49.1%) 8.1% (-66.5%) $0.73 (-74.4%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model