WallStSmart

Navios Maritime Partners LP Unit (NMM)vsStar Bulk Carriers Corp (SBLK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Navios Maritime Partners LP Unit generates 29% more annual revenue ($1.34B vs $1.04B). NMM leads profitability with a 21.2% profit margin vs 8.1%. SBLK appears more attractively valued with a PEG of 1.95. NMM earns a higher WallStSmart Score of 70/100 (B-).

NMM

Strong Buy

70

out of 100

Grade: B-

Growth: 6.0Profit: 7.5Value: 10.0Quality: 5.0

SBLK

Buy

56

out of 100

Grade: C

Growth: 4.7Profit: 6.0Value: 9.3Quality: 6.0
Piotroski: 2/9Altman Z: 1.17
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NMMUndervalued (+86.1%)

Margin of Safety

+86.1%

Fair Value

$448.81

Current Price

$66.42

$382.39 discount

UndervaluedFair: $448.81Overvalued
SBLKUndervalued (+27.9%)

Margin of Safety

+27.9%

Fair Value

$33.23

Current Price

$22.86

$10.37 discount

UndervaluedFair: $33.23Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NMM5 strengths · Avg: 9.4/10
P/E RatioValuation
6.9x10/10

Attractively priced relative to earnings

Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Operating MarginProfitability
34.1%10/10

Strong operational efficiency at 34.1%

Profit MarginProfitability
21.2%9/10

Keeps 21 of every $100 in revenue as profit

EPS GrowthGrowth
28.2%8/10

Earnings expanding 28.2% YoY

SBLK3 strengths · Avg: 9.3/10
Price/BookValuation
1.1x10/10

Reasonable price relative to book value

EPS GrowthGrowth
59.6%10/10

Earnings expanding 59.6% YoY

Operating MarginProfitability
26.7%8/10

Strong operational efficiency at 26.7%

Areas to Watch

NMM3 concerns · Avg: 3.0/10
PEG RatioValuation
2.194/10

Expensive relative to growth rate

Market CapQuality
$1.92B3/10

Smaller company, higher risk/reward

Free Cash FlowQuality
$-11.78M2/10

Negative free cash flow — burning cash

SBLK4 concerns · Avg: 3.5/10
PEG RatioValuation
1.954/10

Expensive relative to growth rate

P/E RatioValuation
32.2x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
3.4%3/10

ROE of 3.4% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : NMM

The strongest argument for NMM centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 21.2% and operating margin at 34.1%.

Bull Case : SBLK

The strongest argument for SBLK centers on Price/Book, EPS Growth, Operating Margin.

Bear Case : NMM

The primary concerns for NMM are PEG Ratio, Market Cap, Free Cash Flow.

Bear Case : SBLK

The primary concerns for SBLK are PEG Ratio, P/E Ratio, Return on Equity.

Key Dynamics to Monitor

NMM profiles as a mature stock while SBLK is a value play — different risk/reward profiles.

NMM carries more volatility with a beta of 1.23 — expect wider price swings.

NMM is growing revenue faster at 9.9% — sustainability is the question.

SBLK generates stronger free cash flow (40M), providing more financial flexibility.

Bottom Line

NMM scores higher overall (70/100 vs 56/100), backed by strong 21.2% margins. SBLK offers better value entry with a 27.9% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Navios Maritime Partners LP Unit

INDUSTRIALS · MARINE SHIPPING · USA

Navios Maritime Partners LP owns and operates dry cargo ships in Asia, Europe, North America and Australia. The company is headquartered in Monaco.

Star Bulk Carriers Corp

INDUSTRIALS · MARINE SHIPPING · USA

Star Bulk Carriers Corp. The company is headquartered in Maroussi, Greece.

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