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NASDAQ: GOGL
Golden Ocean Group Ltd Stock

$13.06+0.03 (+0.23%)
Updated Apr 16, 2024
GOGL Price
$13.06
Fair Value Price
$3.20
Market Cap
$2.61B
52 Week Low
$6.89
52 Week High
$13.95
P/E
23.32x
P/B
1.36x
P/S
2.2x
PEG
0.13x
Dividend Yield
4.59%
Revenue
$885.77M
Earnings
$112.27M
Gross Margin
39%
Operating Margin
24.44%
Profit Margin
12.7%
Debt to Equity
0.82
Operating Cash Flow
$266M
Beta
1.13
Next Earnings
May 31, 2024
Ex-Dividend
N/A
Next Dividend
N/A

GOGL Overview

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Zen Score

Industry Average (33)
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Due Diligence Checks

GOGL ($13.06) is overvalued by 308.13% relative to our estimate of its Fair Value price of $3.20 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
GOGL ($13.06) is not significantly undervalued (308.13%) relative to our estimate of its Fair Value price of $3.20 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
GOGL ($13.06) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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GOGL News

Valuation

GOGL fair value

Fair Value of GOGL stock based on Discounted Cash Flow (DCF)
Price
$13.06
Fair Value
$3.20
Overvalued by
308.13%
GOGL ($13.06) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
GOGL ($13.06) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
GOGL ($13.06) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

GOGL price to earnings (PE)

For valuing profitable companies with steady earnings
Company
23.32x
Industry
16.04x
Market
41.98x
GOGL is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GOGL is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

GOGL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.36x
Industry
0.95x
GOGL is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GOGL price to earnings growth (PEG)

For valuing profitable companies with growth potential
GOGL is good value based... subscribe to Premium to read more.
PEG Value Valuation

GOGL's financial health

Profit margin

Revenue
$254.2M
Net Income
$57.5M
Profit Margin
22.6%
GOGL's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
GOGL's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.5B
Liabilities
$1.6B
Debt to equity
0.82
GOGL's short-term assets ($278.92M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GOGL's long-term liabilities ($1.34B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GOGL's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GOGL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$96.9M
Investing
$14.7M
Financing
-$92.7M
GOGL's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

GOGL vs Shipping Stocks

TickerMarket Cap1d %P/EP/B
GOGL$2.61B+0.23%23.32x1.36x
SBLK$1.93B-0.52%13.08x1.17x
SFL$1.74B-0.08%18.87x1.67x
MATX$3.74B-1.33%12.87x1.56x
CDLR$1.42B+1.39%70.00x1.36x

Golden Ocean Group Stock FAQ

What is Golden Ocean Group's quote symbol?

(NASDAQ: GOGL) Golden Ocean Group trades on the NASDAQ under the ticker symbol GOGL. Golden Ocean Group stock quotes can also be displayed as NASDAQ: GOGL.

If you're new to stock investing, here's how to buy Golden Ocean Group stock.

What is the 52 week high and low for Golden Ocean Group (NASDAQ: GOGL)?

(NASDAQ: GOGL) Golden Ocean Group's 52-week high was $13.95, and its 52-week low was $6.89. It is currently -6.38% from its 52-week high and 89.55% from its 52-week low.

How much is Golden Ocean Group stock worth today?

(NASDAQ: GOGL) Golden Ocean Group currently has 199,628,293 outstanding shares. With Golden Ocean Group stock trading at $13.06 per share, the total value of Golden Ocean Group stock (market capitalization) is $2.61B.

Golden Ocean Group stock was originally listed at a price of $141.55 in Dec 31, 1997. If you had invested in Golden Ocean Group stock at $141.55, your return over the last 26 years would have been -90.77%, for an annualized return of -8.76% (not including any dividends or dividend reinvestments).

How much is Golden Ocean Group's stock price per share?

(NASDAQ: GOGL) Golden Ocean Group stock price per share is $13.06 today (as of Apr 16, 2024).

What is Golden Ocean Group's Market Cap?

(NASDAQ: GOGL) Golden Ocean Group's market cap is $2.61B, as of Apr 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Golden Ocean Group's market cap is calculated by multiplying GOGL's current stock price of $13.06 by GOGL's total outstanding shares of 199,628,293.
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