Star Equity Holdings, Inc. (STRR) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-2243.4%

-$205.87

vs $9.61 price

Levered DCF

-$225.14

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

-3.23

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-5.41×	-3.29×	29.23×	9.55×	-30.21×	-4.59×	-4.67×	-7.42×
P/B	0.55×	1.02×	1.32×	1.49×	3.75×	0.96×	0.6×	1.05×
P/S	0.21×	0.77×	0.4×	0.34×	1.38×	0.49×	0.33×	0.26×
EV / EBITDA	-28.29×	-3.82×	10.6×	4.01×	-17.4×	11.37×	8.25×	8.83×
Gross margin	45.7%	20.7%	49.8%	49.4%	14.3%	17.9%	23.5%	17.5%
Operating margin	-2.1%	-15.8%	0.9%	4.6%	-10.9%	-9.2%	-2.6%	-4.4%
Net margin	-3.4%	-19.6%	1.4%	3.5%	-2.8%	-8.3%	-6.3%	0.7%
Current ratio	2.1×	3.58×	4.09×	2.63×	2.5×	1.14×	0.66×	1.6×
Debt / equity	0.4×	0.03×	0.03×	0.04×	0.06×	0.7×	0.64×	0.4×
Interest coverage	0×	0×	0×	0×	-12.81×	-5.58×	-2.56×	-6.05×
Dividend yield	2.1%	5.0%	3.0%	2.8%	3.0%	0.0%	0.0%	12.2%
Payout ratio	-12.5%	-19.5%	87.2%	26.9%	-148.1%	0.0%	0.0%	451.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-9.0%	-25.8%	4.5%	15.6%	-7.6%	-16.2%	-11.4%	2.9%
Return on invested capital	-4.0%	-20.0%	2.3%	14.5%	-27.2%	-10.4%	-2.5%	-8.5%
Return on assets	-5.2%	-19.9%	3.6%	10.5%	-4.9%	-7.2%	-5.1%	1.5%
Free cash flow yield	-24.9%	-19.6%	3.1%	-7.4%	-4.9%	-16.8%	-25.8%	10.7%
Earnings yield	-16.4%	-25.4%	3.4%	10.5%	-2.0%	-16.8%	-19.0%	2.7%
Enterprise value	$50.3M	$25.1M	$42.8M	$43M	$128.2M	$63.2M	$48.5M	$36M
Net debt / EBITDA	-8.06×	2.43×	-5.25×	-2.35×	2.61×	4.46×	4.11×	2.15×
Cash conversion cycle (days)	84	122	41	42	85	88	68	45