General information

Golden Ocean Group Limited operates as an international dry bulk shipping company based in Bermuda. The Company mainly operates in the Capesize and Panamax market segments. Golden Ocean Group`s fleet is managed by Golden Ocean Group Management (Bermuda) Limited.
  • Current market environment: negative. Prices of production are 25.3% lower compared to the last 12 months (LTM)
  • Prices of production are at 56.1% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 23.9%
  • Free cash flow yield -28.7% (LTM), projected -47.1%
  • Share price is 351.4% higher than minimum and 28.3% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (4.5x vs
    )
  • The company is overvalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: GOGL
Share price, USD:  (-0.4%)11.51
year average price 10.96  


year start price 10.66 2021-07-01

min close price 7.68 2021-12-14

max close price 16.06 2022-06-06

current price 11.51 2022-06-30
Common stocks: 144 272 700

Dividend Yield:  23.9%
FCF Yield LTM / expected: -28.7% / -47.1%
EV / LTM EBITDA: 4.5x
Production prices change from LTM: -25.3%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 1 661
Net Debt ($m): 1 222
EV (Enterprise Value): 2 883
EBITDA LTM ($m): 645
EV / LTM EBITDA: 4.5x
Price to Book: 0.86x

Short interest: 2.5%

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF / Free Cash Flow ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 50% percentile

Potential dynamics

News


2022-06-10Seeking Alpha

Golden Ocean Group: 14% Yield, Low Debt, Strong Earnings

2022-06-09Zacks Investment Research

Is Golden Ocean Group (GOGL) Outperforming Other Transportation Stocks This Year?

2022-06-09Zacks Investment Research

Best Value Stocks to Buy for June 9th

2022-06-07Zacks Investment Research

Best Income Stocks to Buy for June 7th

2022-05-24Zacks Investment Research

Has Golden Ocean Group (GOGL) Outpaced Other Transportation Stocks This Year?

2022-05-20FreightWaves

Gimme shelter: Shipping stocks still rising amid Wall Street storm

2022-05-20Benzinga

H.C. Wainwright Bumps Up Price Target On This Dry Bulk Shipping Company - Read Why

2022-05-19Seeking Alpha

Golden Ocean Group Limited (GOGL) CEO Ulrik Andersen on Q1 2022 Results - Earnings Call Transcript

2022-05-19Zacks Investment Research

Golden Ocean Group (GOGL) Q1 Earnings and Revenues Top Estimates

2022-05-13Zacks Investment Research

Golden Ocean (GOGL) to Report Q1 Earnings: What's in Store?
More information for subscribed users:
detailed calculation of Potential,
commodities and currency affecting the company