Star Holdings

STHO Real Estate Real Estate Services

Star Holdings' revenue for fiscal 2025 (year ended December 2025) was $110.1 million, down 2.78% from fiscal 2024.

Revenue
−54.0%
EPS
+216.3%
Free cash flow
−263.1%
Total debt
−14.9%

Quarter to June 2026, against a year earlier

7.62 0.05 +0.66%
Market cap
$91.5M
P/E
6.3×
Fwd P/E
—
Dividend yield
—
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 4.06%

Capital & Financial Ratios $m

Size
Market Cap 91.46
Revenue ttm 93.77
Net income ttm 4.00
Free cash flow ttm (1.26)
Net debt Q (38.28)
Valuation
P/E 6.31
Forward P/E —
Price / sales 0.98
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.33
Financial health
Current ratio Q 18.87
Debt / equity Q 0.74
Interest coverage Q 0.45
Growth
Revenue growth Q −53.96% (below 0%: shrinking)
Operating income growth Q −73.78% (below 0%: shrinking)
EPS, this year —
EPS, next year A —
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 30.54%
10-year low 10-year high
P/B against its own 10 years 12.46%
10-year low 10-year high
EV/Sales against its own 10 years 46.56%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 367 285 235 247
Receivables 21 50 44 62
Inventory — — — —
Other — — — —
388 335 279 310
2023 2024 2025 Q'26
Payables 42 46 36 16
ST’ Debt — — — —
Other — — — —
42 46 36 16

Compound Annual Growth %

10y 5y 3y
Sales — — (3.89%)
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — (35.09%)

EPS $

Mar Jun Sep Dec Year
’26 (0.85) 3.43 — — —
’25 (0.57) (2.95) 0.14 (1.51) (4.90)
’24 (3.68) (2.04) 6.90 (7.70) (6.51)
’23 (6.81) (6.75) (6.14) 4.96 (14.74)
’22 (0.04) (1.57) 1.32 (2.44) (2.73)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 21 19 — — —
’25 15 42 28 25 110
’24 25 31 25 33 113
’23 17 25 44 37 123
’22 27 41 38 18 124
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) (3) — — —
’25 (6) (3) 5 (8) (12)
’24 (14) (6) (4) (7) (31)
’23 (1) (4) (8) (6) (19)
’22 (11) (8) 1 (9) (27)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 6 (3) — — —
’25 (17) 2 (4) (1) (20)
’24 (4) 9 (4) (21) (20)
’23 7 2 13 15 36
’22 (1) 10 8 33 50
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — 272 124 123 113 110 94 (20.2%) — — — —
Gross margin, % — — — — — 20.24 8.65 10.27 14.44 28.79 29.66 +8.5 pt
EBT — — — — — 85 (36) (196) (88) (71) 4 n/m
EBT margin, % — — — — — 31.30 (29.26) (159.52) (77.99) (64.23) 4.29 (95.5) pt
Net income — — — — — 63 (36) (196) (88) (71) 4 n/m
Per share, $
Per share, $ Revenue — — — — — 20.43 9.32 9.24 8.51 8.40 7.76 (19.9%)
Earnings — — — — — 4.71 (2.73) (14.74) (6.51) (4.90) 1.21 n/m
Cash flow — — — — — 0.64 (2.05) (1.41) (2.35) (0.89) (1.15) n/m
Capex — — — — — 21.43 5.78 4.12 0.88 (0.63) 1.05 n/m
Free cash flow — — — — — 22.07 3.73 2.72 (1.47) (1.52) (0.10) n/m
Book value — — — — — 0.00 72.99 32.57 25.90 20.28 23.42 n/m
Shares, m — — — — — 13 13 13 13 13 13 (0.4%)
Valuation, ×
Valuation, × P/E — — — — — 0.00 0.00 0.00 0.00 0.00 6.31 0.0
P/S — — — — — 2.15 2.15 1.61 1.14 0.98 0.98 1.6
P/B — — — — — 0.27 0.27 0.46 0.38 0.41 0.33 0.4
EV/Sales — — — — — (0.58) (0.58) 0.20 0.55 1.28 0.58 0.2
EV/FCF — — — — — (1.45) (1.45) 0.67 (3.17) (7.11) (42.87) (2.5)
Cash, $m
Cash, $m Operating cash flow — — — — — 9 (27) (19) (31) (12) (14) n/m
Capex — — — — — 285 77 55 12 (8) 13 n/m
Free cash flow — — — — — 294 50 36 (20) (20) (1) n/m
Balance, $m
Balance, $m Working capital — — — — — — 645 346 289 244 293 (27.7%)
Net debt — — — — — — (338) (174) (68) 34 (38) n/m
Shareholders’ equity — — — — — — 972 434 345 266 283 (35.1%)
Returns, %
Returns, % ROA — — — — — 0.00 (7.23) (23.45) (13.58) (10.90) 2.52 (10.9) pt
ROIC — — — — — 0.00 (0.50) (6.77) (2.05) 2.49 2.28 +2.5 pt
ROE — — — — — 0.00 0.00 (27.93) (22.28) (21.04) 4.79 (21.0) pt
People
People Employees — — — — — — — 86 74 72 — (8.5%)
Revenue/emp, $m — — — — — 0.00 0.00 1.43 1.53 1.53 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Star Holdings vs peers in Real Estate Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CHCI Comstock Holding Companies, Inc. $191.4M 7.6× 4.3× +34.09% (above 0%: growing) +20.00% (above 0%: growing) +93.19% (above 0%: growing) 15.40% 9.34% Compare
DOUG Douglas Elliman Inc. $142.7M 6.0× 17.2× +4.45% (above 0%: growing) n/m +2,005.57% (above 0%: growing) 20.88% (1.21%) Compare
SRG Seritage Growth Properties $94.6M — (loss-making) 10.8× −59.72% (below 0%: shrinking) n/m +10.60% (above 0%: growing) 38.90% (253.84%) Compare
STHO Star Holdings $91.5M 6.3× — −53.96% (below 0%: shrinking) n/m −263.07% (below 0%: shrinking) 27.41% 9.47%
MAYS J. W. Mays, Inc. $88.7M — (loss-making) — (loss-making) −5.98% (below 0%: shrinking) n/m −125.91% (below 0%: shrinking) 26.59% (6.67%) Compare
ASPS Altisource Portfolio Solutions S.A. $65.4M — (loss-making) — (loss-making) +23.89% (above 0%: growing) n/m +317.79% (above 0%: growing) 23.35% 1.47% Compare
RFL Rafael Holdings, Inc. $55.3M — (loss-making) — (loss-making) −30.29% (below 0%: shrinking) n/m +19.32% (above 0%: growing) 94.67% (3,993.03%) Compare
EUDA EUDA Health Holdings Limited $44.4M — (loss-making) 11.1× — n/m −881.74% (below 0%: shrinking) 26.92% 0.00% Compare
OMH Ohmyhome Limited $28.2M — — — — +88.25% (above 0%: growing) — — Compare
Median of peers $77.0M — 11.0× −0.77% — +53.78% 26.59% (1.21%)

All 44 Real Estate Services stocks →

Star Holdings (STHO) Latest News

8 May

Impact 4 · · PR Newswire

17 Feb

5 Nov

Impact 3 · · PR Newswire

6 Aug

Impact 3 · · PR Newswire

10 May

Impact 3 · · PR Newswire

27 Feb

8 Nov

Impact 3 · · PR Newswire

9 Aug

Impact 3 · · PR Newswire

11 May

Impact 3 · · PR Newswire
stockrow.com/STHO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com