Star Bulk Carriers (FRA:4FAP) Scaled Net Operating Assets: 0.83 (As of Mar. 2026)


FRA:4FAP Star Bulk Carriers Corp FRA:4FAP
73 GF Score
Price €22.40
GF Value €16.86
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Star Bulk Carriers Scaled Net Operating Assets?

Star Bulk Carriers FRA:4FAP -1.19% 73 Scaled Net Operating Assets is 0.83 as of Mar. 2026. GuruFocus rates FRA:4FAP with a GF Score™ of 73/100 and a GF Value™ of €16.86 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Star Bulk Carriers's operating assets for the quarter that ended in Mar. 2026 was €2,830.1 Mil. Star Bulk Carriers's operating liabilities for the quarter that ended in Mar. 2026 was €123.2 Mil. Star Bulk Carriers's Total Assets for the quarter that ended in Dec. 2025 was €3,249.8 Mil. Therefore, Star Bulk Carriers's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.83.


Star Bulk Carriers Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Star Bulk Carriers's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Star Bulk Carriers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.87 0.76 1.21 0.70

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
Scaled Net Operating Assets 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 0.82 0.79 0.81 0.84 0.83

FRA:4FAP vs ZIM, DAC, NMM: Scaled Net Operating Assets Comparison

For the Marine Shipping subindustry, Star Bulk Carriers's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Star Bulk Carriers's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Star Bulk Carriers's Scaled Net Operating Assets falls into.


FRA:4FAP
73GF Score
Star Bulk Carriers Corp FRA:4FAP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Star Bulk Carriers Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Star Bulk Carriers's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2831.315-108.318)/3902.491
=0.70

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3249.799 - 418.484
=2831.315

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1158.128 - 829.912 - 219.898
=108.318

Star Bulk Carriers's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2830.068-123.237)/3249.799
=0.83

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3173.509 - 343.441
=2830.068

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1071.422 - 773.363 - 174.822
=123.237

* 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.

What does a Scaled Net Operating Assets of 0.83 mean?
Star Bulk Carriers (FRA:4FAP) has a Scaled Net Operating Assets of 0.83 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Star Bulk Carriers and its competitors.
Is Star Bulk Carriers' Scaled Net Operating Assets too high?
Star Bulk Carriers' current Scaled Net Operating Assets is 0.83. 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' Scaled Net Operating Assets compare to ZIM and DAC?
Star Bulk Carriers' Scaled Net Operating Assets of 0.83 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Star Bulk Carriers and its competitors. Star Bulk Carriers's current Scaled Net Operating Assets is 0.83. 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 €16.86, compared to a current price of €22.40 — trading 32.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.83. Star Bulk Carriers' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Star Bulk Carriers (FRA:4FAP), the current Scaled Net Operating Assets is 0.83 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 €22.40 is trading 32.9% above its estimated GF Value™ of €16.86. GuruFocus considers Star Bulk Carriers to be Significantly Overvalued.

Key valuation signals for FRA:4FAP:

  • Scaled Net Operating Assets: 0.83
  • GF Value™: €16.86 vs. price of €22.40 (32.9% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.40
Price
€16.86
GF Value