Star Bulk Carriers (FRA:4FAP) Debt-to-EBITDA : 2.49 (As of Mar. 2026) — 29% Below Median

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FRA:4FAP Star Bulk Carriers Corp FRA:4FAP
73 GF Score
Price €22.68
GF Value €15.68
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Star Bulk Carriers Debt-to-EBITDA?

Star Bulk Carriers FRA:4FAP +4.76% 73 Debt-to-EBITDA is 2.49 as of Mar. 2026, which is 29% below its 10-year median of 3.49. GuruFocus rates FRA:4FAP with a GF Score™ of 73/100 and a GF Value™ of €15.68 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 870 Transportation companies, Star Bulk Carriers ranks worse than 54.94% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Star Bulk Carriers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €174.8 Mil. Star Bulk Carriers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €773.4 Mil. Star Bulk Carriers's annualized EBITDA for the quarter that ended in Mar. 2026 was €381.1 Mil. Star Bulk Carriers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.49.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Star Bulk Carriers's Debt-to-EBITDA or its related term are showing as below:

FRA:4FAP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.66   Med: 3.49   Max: 8.54
Current: 2.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Star Bulk Carriers was 8.54. The lowest was -27.66. And the median was 3.49.

FRA:4FAP's Debt-to-EBITDA is ranked worse than
54.94% of 870 companies
in the Transportation industry
Industry Median: 2.645 vs FRA:4FAP: 2.96

Star Bulk Carriers  (FRA:4FAP) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Star Bulk Carriers Debt-to-EBITDA Related Terms


Star Bulk Carriers Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Star Bulk Carriers's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Star Bulk Carriers Debt-to-EBITDA Chart

Star Bulk Carriers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.70 3.16 2.59 3.82

Star Bulk Carriers Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.71 5.61 3.94 2.51 2.49

FRA:4FAP vs ZIM, DAC, NMM: Debt-to-EBITDA Comparison

For the Marine Shipping subindustry, Star Bulk Carriers's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Star Bulk Carriers Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Star Bulk Carriers's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Star Bulk Carriers's Debt-to-EBITDA falls into.


FRA:4FAP
73GF Score
Star Bulk Carriers Corp FRA:4FAP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Bulk Carriers Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Star Bulk Carriers's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(219.898 + 829.912) / 274.861
=3.82

Star Bulk Carriers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(174.822 + 773.363) / 381.124
=2.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.49 mean?
Star Bulk Carriers (FRA:4FAP) has a Debt-to-EBITDA of 2.49 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Star Bulk Carriers. This is 29% below median its historical median of 3.49. According to the industry distribution chart, Star Bulk Carriers ranks #478 out of 870 companies in the Transportation industry, placing it in the top 54.9%.
Is Star Bulk Carriers' Debt-to-EBITDA too high?
Star Bulk Carriers' current Debt-to-EBITDA of 2.49 is 29% below median its 10-year median of 3.49. The Transportation industry median Debt-to-EBITDA is 2.65. Star Bulk Carriers' value of 2.49 is 5.9% below this industry median. Based on the distribution chart, Star Bulk Carriers ranks #478 out of 870 companies in the Transportation industry, which is below the industry midpoint. Overall, Star Bulk Carriers has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Bulk Carriers' Debt-to-EBITDA compare to ZIM and DAC?
According to the Transportation industry distribution chart, Star Bulk Carriers ranks #478 out of 870 companies for Debt-to-EBITDA. This places Star Bulk Carriers in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. Star Bulk Carriers' value of 2.49 is 5.9% below this benchmark. While the company's 10-year median is 3.49 vs. the industry median of 2.65, Star Bulk Carriers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Star Bulk Carriers's current Debt-to-EBITDA of 2.49 is 5.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Star Bulk Carriers. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Bulk Carriers's current Debt-to-EBITDA is 2.49, which is 29% below median its own 10-year median of 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Bulk Carriers stock overvalued right now?
Based on GuruFocus' analysis, Star Bulk Carriers (FRA:4FAP) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.68, compared to a current price of €22.68 — trading 44.6% above its estimated fair value. The current Debt-to-EBITDA is 2.49, which is 29% below median its 10-year median of 3.49 and 5.9% below the Transportation industry median of 2.65. Star Bulk Carriers' overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Star Bulk Carriers (FRA:4FAP), the current Debt-to-EBITDA is 2.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Star Bulk Carriers (FRA:4FAP) Overvalued in 2026?

Based on GuruFocus' analysis, Star Bulk Carriers stock appears to be overvalued. The current stock price of €22.68 is trading 44.6% above its estimated GF Value™ of €15.68. GuruFocus considers Star Bulk Carriers to be Significantly Overvalued.

Key valuation signals for FRA:4FAP:

  • Debt-to-EBITDA: 2.49 (29% below median its 10-year median of 3.49)
  • GF Value™: €15.68 vs. price of €22.68 (44.6% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 5.9% below the Transportation median (#478 of 870)

No single metric tells the full story. See the FRA:4FAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Bulk Carriers Business Description

Other Exchanges SBLK:USA
Address c/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124
Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax. The firm generates the majority of its revenue from Time charters and Voyage charters.
73GF Score

Get the complete analysis for FRA:4FAP

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.68
Price
€15.68
GF Value