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Industrials - Marine Shipping - NASDAQ - BM
$ 7.74
0.519 %
$ 1.54 B
Market Cap
13.58
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one GOGL stock under the worst case scenario is HIDDEN Compared to the current market price of 7.74 USD, Golden Ocean Group Limited is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one GOGL stock under the base case scenario is HIDDEN Compared to the current market price of 7.74 USD, Golden Ocean Group Limited is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one GOGL stock under the best case scenario is HIDDEN Compared to the current market price of 7.74 USD, Golden Ocean Group Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart GOGL

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$10.0$10.0$9.5$9.5$9.0$9.0$8.5$8.5$8.0$8.0$7.5$7.5$7.0$7.0$6.5$6.5$6.0$6.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
968 M REVENUE
9.33%
314 M OPERATING INCOME
66.66%
223 M NET INCOME
98.82%
365 M OPERATING CASH FLOW
37.16%
-8.2 M INVESTING CASH FLOW
97.85%
-344 M FINANCING CASH FLOW
-358.35%
211 M REVENUE
-19.05%
49.2 M OPERATING INCOME
-47.61%
39 M NET INCOME
-30.76%
71.7 M OPERATING CASH FLOW
-28.88%
33.9 M INVESTING CASH FLOW
870.80%
-91.5 M FINANCING CASH FLOW
-11.86%
Balance Sheet Golden Ocean Group Limited
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Current Assets 287 M
Cash & Short-Term Investments 129 M
Receivables 91.6 M
Other Current Assets 65.8 M
Non-Current Assets 3.09 B
Long-Term Investments 53.1 M
PP&E 3.02 B
Other Non-Current Assets 20.1 M
3.82 %89.36 %Total Assets$3.4b
Current Liabilities 234 M
Accounts Payable 11.8 M
Short-Term Debt 135 M
Other Current Liabilities 87.5 M
Non-Current Liabilities 1.24 B
Long-Term Debt 1.24 B
Other Non-Current Liabilities 170 K
9.13 %5.92 %84.14 %Total Liabilities$1.5b
EFFICIENCY
Earnings Waterfall Golden Ocean Group Limited
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Revenue 968 M
Cost Of Revenue 510 M
Gross Profit 459 M
Operating Expenses 145 M
Operating Income 314 M
Other Expenses 91.1 M
Net Income 223 M
1b1b900m900m800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m00968m(510m)459m(145m)314m(91m)223mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
47.38% GROSS MARGIN
47.38%
32.46% OPERATING MARGIN
32.46%
23.05% NET MARGIN
23.05%
11.75% ROE
11.75%
6.61% ROA
6.61%
9.56% ROIC
9.56%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Golden Ocean Group Limited
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500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)(300m)(300m)(400m)(400m)(500m)(500m)(600m)(600m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 223 M
Depreciation & Amortization 140 M
Capital Expenditures -101 M
Stock-Based Compensation 0
Change in Working Capital 12.5 M
Others 2.16 M
Free Cash Flow 264 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Golden Ocean Group Limited
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Wall Street analysts predict an average 1-year price target for GOGL of $15.8 , with forecasts ranging from a low of $14 to a high of $18 .
GOGL Lowest Price Target Wall Street Target
14 USD 80.88%
GOGL Average Price Target Wall Street Target
15.8 USD 104.57%
GOGL Highest Price Target Wall Street Target
18 USD 132.56%
Price
Max Price Target
Min Price Target
Average Price Target
181816161414121210108866Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
3.36% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.500000002.500000002.000000002.000000001.500000001.500000001.000000001.000000000.500000000.500000000.000000000.000000000.09980150.90.20.30.150.09980150.250.50.10.30.09980150.09980150.50.60.10.30.14970.450.14970.320.851.650.352.350.10.500.31.200.200.002018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Golden Ocean Group Limited
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Sold
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9-12 MONTHS
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0 USD 0
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6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
GOGL - Ex dividend USD 0.05 today The shares in Golden Ocean Group Limited will be traded ex dividend USD 0.05 as from today relating to the dividend for the first quarter of 2025. The dividend will be paid on or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distirbuted to Euronext VPS shareholders on or about June 19, 2025. globenewswire.com - 2 weeks ago
GOGL - Merger Between CMB.Tech and Golden Ocean HAMILTON, Bermuda, 28 May, 2025, 22:30 CEST – Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (“Golden Ocean”) and CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) are pleased to announce that they have signed an agreement and plan of merger (the “Merger Agreement”) for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025. globenewswire.com - 3 weeks ago
New Strong Sell Stocks for May 22nd ASLE, GOGL and LCNB have been added to the Zacks Rank #5 (Strong Sell) List on May 22, 2025. zacks.com - 4 weeks ago
Golden Ocean Group Limited (GOGL) Q1 2025 Earnings Call Transcript Golden Ocean Group Limited (NASDAQ:GOGL ) Q1 2025 Results Conference Call May 21, 2025 9:00 AM ET Company Participants Peder Simonsen - Interim Chief Executive Officer and Chief Financial Officer Operator Good day, and thank you for standing by. Welcome to the First Quarter 2025 Golden Ocean Group Earnings Conference Call and Webcast. seekingalpha.com - 4 weeks ago
GOGL - Key information relating to the dividend for the first quarter, 2025 Key information relating to the dividend to be paid by Golden Ocean Group Limited for the first quarter, 2025: Dividend amount: $0.05 per share Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK. globenewswire.com - 1 month ago
GOGL – First Quarter 2025 Results Golden Ocean Group Limited (NASDAQ/OSE: GOGL) (the “Company” or “Golden Ocean”), the world's largest listed owner of large size dry bulk vessels, today announced its unaudited results for the quarter ended March 31, 2025. globenewswire.com - 1 month ago
GOGL – Invitation to presentation of Q1 2025 Results Golden Ocean Group Limited (the “Company”) will publish its financial results for the first quarter of 2025 on Wednesday May 21, 2025. In connection with the release, a conference call and webcast will be held as described below: Conference call and webcast A conference call will be held at 3:00 P.M. globenewswire.com - 1 month ago
GOGL – 2025 AGM Results Notification Golden Ocean Group Limited (the “Company”) advises that the 2025 Annual General Meeting of the Shareholders of the Company was held on 8 May 2025 at 08:30 hrs, at Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HMCX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2024 were presented to the Meeting. globenewswire.com - 1 month ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Golden Ocean Group Limited - GOGL NEW YORK , April 24, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Golden Ocean Group Limited (NASDAQ: GOGL ), relating to the proposed merger with CMB.TECH NV. prnewswire.com - 1 month ago
GOGL - Merger Between CMB.Tech and Golden Ocean HAMILTON, Bermuda, 22 April, 2025, 10.30 pm CET – Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (“Golden Ocean”) and CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) are pleased to announce that they have signed a term sheet (the “Term Sheet”) for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean (the "Exchange Ratio"), subject to customary adjustments. globenewswire.com - 1 month ago
New Strong Buy Stocks for April 16th GOGL, AR, ALYAF, BNTGY and KBCSY have been added to the Zacks Rank #1 (Strong Buy) List on April 16, 2025. zacks.com - 2 months ago
Best Value Stocks to Buy for April 16th BNTGY, GOGL and ALYAF made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 16, 2025. zacks.com - 2 months ago
8. Profile Summary

Golden Ocean Group Limited GOGL

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COUNTRY BM
INDUSTRY Marine Shipping
MARKET CAP $ 1.54 B
Dividend Yield 3.36%
Description 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.
Contact Par-la-Ville Place, Hamilton, HM 08 https://www.goldenocean.bm
IPO Date Feb. 7, 1997
Employees 44
Officers Mr. Tord Brath Head of Global Operations Mr. Peder Carl Gram Simonsen Chief Executive Officer & Chief Financial Officer