Matson Inc (MATX) is fairly valued and Star Bulk Carriers Corp (SBLK) is undervalued.
Against our estimates of intrinsic value, SBLK trades at the wider discount: a margin of safety of +34%, against -3% for MATX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.8% (average of 3 methods) values the shares at $221.12; the price of $226.78 is 3% above that value, and 70% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
Discounting its cash flows at 8.2% (average of 3 methods) values the shares at $46.71; the price of $30.94 is 34% below that value, and 79% of that value comes from beyond year five.
Leak Score 84/100 on 3 of 12 signals
| Metric | MATX | SBLK |
|---|---|---|
| Verdict | Fairly valued | Undervalued |
| Price | $226.78 | $30.94 |
| Intrinsic value | $221.12 | $46.71 |
| Margin of safety | -3% | +34% |
| Leak Score | 59/100 (3/12) | 84/100 (3/12) |
| Market cap | $6.8B | $3.5B |
| Revenue growth, 5 years | 7.0% | 8.5% |
| Operating margin | 14.4% | 27.8% |
| Net margin | 13.4% | 23.9% |
| Return on equity | 17.2% | 11.7% |
| Debt to equity | 0.12 | 0.41 |
| P/E | 15.2x | 12.1x |
| Forward P/E | 13.5x | 7.5x |
| P/B | 2.5x | 1.4x |
| Dividend yield | 0.6% | 12.8% |