3 models fit Star Bulk Carriers Corp. Common Shares and they disagree: 1 of 3 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Gold85
Valued as a cyclical company: P/E comparison, EV/EBITDA comparison, Discounted cash flow, and Graham number.
ACCE opinionStar Bulk Carriers Corp. Common Shares (SBLK)
Fair value (3 models)
$26.66
ACCE price target
$31.00
Rating
Fairly valued
Horizon
12 months
Fair value published on 21 Oct 2026, 13:04 CEST; previously $26.25 since 17 Oct 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Rating published on 21 Oct 2026, 13:04 CEST.
Price used: $28.98 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
8.7% above
-8.0% to fair value
ACCE score
87
out of 100
Analysts
80% buy
5 covering
P/E
11.4x
forward 7.8x
1-year return
+63.5%
Dividend yield
6.56%
Star Bulk Carriers Corp. Common Shares in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
Star Bulk Carriers operates a fleet of dry bulk vessels, mainly Capesize and Panamax ships, that carry iron ore, coal and grain on long-haul routes, with time charters and spot voyages making up the bulk of its earnings. Its edge is scale and cost discipline in an industry where charter rates swing hard, and a 39.7% operating margin alongside a 47.3% gross margin suggests the fleet is earning well above what most dry bulk peers manage through the cycle. Revenue growth of 44.5% points to a strong freight market and a fleet that is being deployed at high utilisation. Trading at 7.1 times forward earnings against 11.4 times trailing, the market is pricing in a normalisation in earnings, so the case rests on whether elevated rates hold longer than that multiple assumes. Worth a deeper look to test the rate outlook and the durability of the margin structure.