Descripción de la empresa
Star Holdings operates within the Real Estate sector, specifically focusing on Real Estate Services, where it engages in the non-ground lease real estate assets business across the United States. The company manages a portfolio that includes residential development projects such as Asbury Park Waterfront and Magnolia Green, alongside activities in asset management, the sale of existing loans, and the operation of loans. The firm holds a market capitalization of $101.63M and reported annual revenue of $118.14M, though specific employee count data is not disclosed in available records. These valuation and revenue figures indicate that Star Holdings is a mid-cap entity with a specialized footprint in residential real estate development and lending operations, positioning it as a niche player rather than a broad-based utility or industrial conglomerate. The absence of a disclosed employee count suggests a capital-intensive business model where asset management and loan operations drive value rather than large-scale headcount.
Salud financiera
The company generated total revenue of $118.14M over the trailing twelve months, yet reported a net income of -$64.249M, revealing a significant disparity between top-line activity and bottom-line profitability. This negative net income despite positive revenue highlights a cost structure where expenses, likely including high interest costs or asset impairment charges, far exceed operating earnings before taxes and interest. However, the entity reported an EBITDA of $25.68M and free cash flow of $70.69M, indicating substantial operational cash generation that provides significant financial flexibility for debt servicing or capital allocation. The balance sheet shows a cash position of $50.08M against total debt of $269.36M, resulting in a debt-to-equity ratio of 101.31, which characterizes the capital structure as highly leveraged rather than conservative. Despite this leverage, the current ratio stands at an exceptionally high 14.14, suggesting robust short-term liquidity and a strong ability to cover immediate obligations. Profitability metrics are further strained by a return on equity of -23.2% and a return on assets of 2.2%, indicating that management has struggled to generate efficient returns on the capital invested in the business during the current period.
Evaluación de valoración
Star Holdings does not have a trailing P/E ratio or a forward P/E ratio available for calculation due to its negative earnings, which implies that traditional earnings-based valuation multiples are currently inapplicable or volatile. Instead, the price-to-book ratio is recorded at 0.39, indicating that the market is valuing the company at significantly less than its book value, a condition often associated with distressed assets or companies with substantial non-operating liabilities. Alternative valuation metrics such as the price-to-sales ratio of 0.86 and an EV/EBITDA of 12.84 provide context, suggesting the stock trades at roughly 86% of its annual sales while its enterprise value relative to earnings before interest, taxes, depreciation, and amortization reflects its underlying asset value. The stock has traded between a 52-week high of $9.25 and a 52-week low of $6.05, meaning the current price sits within this historical range, reflecting investor uncertainty regarding the path to profitability. The beta of 1.20 indicates that the stock is 20% more volatile than the broader market, exposing holders to higher price swings during periods of market stress or liquidity events.
Growth & Income
Revenue growth year-over-year was recorded at 1.8%, while earnings growth is marked as N/A due to the recent negative net income, implying that the company is currently prioritizing asset retention or restructuring over earnings expansion. The company does not pay a dividend, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, which means the firm retains all available cash flow rather than distributing income to shareholders. This reinvestment strategy is typical for entities in the early stages of a turnaround or those using free cash flow to reduce their substantial debt load of $269.36M. Consequently, the overall growth and income profile is defined by modest revenue expansion, zero current income distribution, and a reliance on operational cash flow to stabilize the balance sheet rather than delivering immediate shareholder yields.