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Star Holdings (STHO) 10-Year Financial Performance & Capital Metrics

STHO • • REIT / Real Estate
Real EstateReal Estate ServicesReal Estate Investment & DevelopmentDiversified Real Estate Investors
AboutStar Holdings engages in the non-ground lease related commercial real estate businesses in the United States. Its portfolio primarily comprises interest in the Asbury Park Waterfront and Magnolia Green residential development projects; and commercial real estate properties and loans that are marketed for sale or monetized. The company is based in New York, New York.Show more
  • Revenue $89M -12.2%
  • FFO -$82M +57.0%
  • FFO/Share -6.19 +57.0%
  • FFO Payout 0%
  • FFO per Share -6.19 +57.0%
  • NOI Margin -28.78% -0.6%
  • FFO Margin -92.76% +51.1%
  • ROE -22.28% +20.2%
  • ROA -13.58% +42.1%
  • Debt/Assets 35.89% +23.5%
  • Net Debt/EBITDA -
  • Book Value/Share 25.90 -20.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading near 52-week high
  • ✓Trading at only 0.4x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗FFO declining 266.0% TTM
  • ✗Low NOI margin of -28.8%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-24.76%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-280.23%

EPS CAGR

10Y-
5Y-
3Y-
TTM-280.16%

ROCE

10Y Avg-4.25%
5Y Avg-4.25%
3Y Avg-4.25%
Latest-2.41%

Peer Comparison

Diversified Real Estate Investors
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TCITranscontinental Realty Investors, Inc.449.59M52.0476.53-4.81%12.04%0.66%0.29%0.21
FRPHFRP Holdings, Inc.466.8M24.4271.820.65%10.9%1%6.21%0.38
NENNew England Realty Associates Limited Partnership184.16M65.2514.638.12%13.54%19.82%
ALBTAvalon GloboCare Corp.4.85M1.14-0.146.19%-13.55%-109.23%1.10
RFLRafael Holdings, Inc.63.21M1.24-1.1943.96%-33.28%-31.03%0.01
LODEComstock Inc.208.13M4.06-1.26136.65%-18.94%-43.25%0.23
STHOStar Holdings116.15M9.12-1.40-12.17%-175.79%-50.29%0.63
BPYPOBrookfield Property Partners L.P.14.91-9.44-3.92%-4.94%-1.17%1.42

Profit & Loss

Dec 2022Dec 2023Dec 2024
Revenue+96.11M101.17M88.86M
Revenue Growth %-0.05%-0.12%
Property Operating Expenses113.34M130.11M114.44M
Net Operating Income (NOI)+---
NOI Margin %---
Operating Expenses+45.22M3.07M-13.52M
G&A Expenses10.94M16.5M3.62M
EBITDA+-57.54M-27.43M-7.73M
EBITDA Margin %---
Depreciation & Amortization+4.91M4.57M4.33M
D&A / Revenue %---
Operating Income+-62.45M-32M-12.06M
Operating Margin %---
Interest Expense+42.04M22.97M7M
Interest Coverage-1.49x-1.39x-1.72x
Non-Operating Income-68.18M141.31M60.55M
Pretax Income+-36.31M-196.29M-88.36M
Pretax Margin %---
Income Tax+002K
Effective Tax Rate %---
Net Income+-36.35M-196.36M-86.75M
Net Margin %---
Net Income Growth %--4.4%0.56%
Funds From Operations (FFO)+---
FFO Margin %---
FFO Growth %--5.1%0.57%
FFO per Share+---
FFO Payout Ratio %---
EPS (Diluted)+-2.73-14.74-6.51
EPS Growth %--4.4%0.56%
EPS (Basic)-2.73-14.74-6.51
Diluted Shares Outstanding13.32M13.32M13.32M

Balance Sheet

Dec 2022Dec 2023Dec 2024
Total Assets+1.01B669.2M608.65M
Asset Growth %--0.33%-0.09%
Real Estate & Other Assets+9.47M8.98M81.08M
PP&E (Net)233.87M76.79M177.44M
Investment Securities1000K1000K1000K
Total Current Assets+97.94M262.22M100.11M
Cash & Equivalents4.23M50.66M34.96M
Receivables1000K01000K
Other Current Assets92.58M30.16M62.03M
Intangible Assets319K180K127K
Total Liabilities33.1M235.36M263.66M
Total Debt+2.01M194.43M218.44M
Net Debt-2.22M143.77M183.49M
Long-Term Debt0192.9M0
Short-Term Borrowings001000K
Capital Lease Obligations2.01M1.54M1.09M
Total Current Liabilities+28.56M18.01M260.37M
Accounts Payable000
Deferred Revenue21.2M020.6M
Other Liabilities2.54M22.91M2.2M
Total Equity+972.27M433.84M345M
Equity Growth %--0.55%-0.2%
Shareholders Equity971.54M411.55M324.34M
Minority Interest726K22.29M20.66M
Common Stock13K13K13K
Additional Paid-in Capital0607.62M607.62M
Retained Earnings613.75M-196.44M-283.2M
Preferred Stock000
Return on Assets (ROA)-0.04%-0.23%-0.14%
Return on Equity (ROE)-0.04%-0.28%-0.22%
Debt / Assets0%0.29%0.36%
Debt / Equity0.00x0.45x0.63x
Net Debt / EBITDA---
Book Value per Share73.0032.5725.90

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+-27.36M-18.72M-31.29M
Operating CF Growth %-0.32%-0.67%
Operating CF / Revenue %---
Net Income-36.31M-196.29M-86.75M
Depreciation & Amortization4.91M4.57M4.33M
Stock-Based Compensation-11.81M1.78M0
Other Non-Cash Items16.47M162.98M57.29M
Working Capital Changes-623K8.24M-6.15M
Cash from Investing+236.06M186.02M306K
Acquisitions (Net)0042.2M
Purchase of Investments-81.74M0-11.26M
Sale of Investments1000K00
Other Investing327.46M200.07M5.3M
Cash from Financing+-218.31M-114.06M15.81M
Dividends Paid000
Common Dividends000
Debt Issuance (Net)01000K1000K
Share Repurchases000
Other Financing-218.31M-297.34M0
Net Change in Cash+-9.6M53.24M-15.17M
Exchange Rate Effect000
Cash at Beginning17.07M7.47M60.71M
Cash at End7.47M60.71M45.55M
Free Cash Flow+-49.84M-32.77M-67.22M
FCF Growth %-0.34%-1.05%
FCF / Revenue %---

Key Ratios

Metric202220232024
FFO per Share-2.36-14.4-6.19
FFO Payout Ratio0%0%0%
NOI Margin-17.93%-28.6%-28.78%
Debt / Assets0.2%29.05%35.89%
Interest Coverage-1.49x-1.39x-1.72x
Book Value / Share7332.5725.9
Revenue Growth-5.27%-12.17%

Revenue by Segment

20232024
Land development revenue72.44M59.96M
Land development revenue Growth--17.22%
Real estate expense47.75M48.26M
Real estate expense Growth-1.07%
Other income41.74M44.09M
Other income Growth-5.62%
Operating lease income6.74M6.9M
Operating lease income Growth-2.40%
Interest income2.13M2.34M
Interest income Growth-9.79%

Frequently Asked Questions

Growth & Financials

Star Holdings (STHO) reported $84.0M in revenue for fiscal year 2024. This represents a 13% decrease from $96.1M in 2022.

Star Holdings (STHO) saw revenue decline by 12.2% over the past year.

Star Holdings (STHO) reported a net loss of $147.7M for fiscal year 2024.

Dividend & Returns

Star Holdings (STHO) has a return on equity (ROE) of -22.3%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Star Holdings (STHO) generated Funds From Operations (FFO) of $-143.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.

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