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Golden Ocean Group Limited GOGL
Industrials - Marine Shipping - NASDAQ - BM
Watchlist
$ 7.17
-3.21 %
$ 1.43 B
Market Cap
6.73
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 22, 2025.

The intrinsic value of one GOGL stock under the worst case scenario is HIDDEN Compared to the current market price of 7.17 USD, Golden Ocean Group Limited is HIDDEN

GOGL Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 22, 2025.

The intrinsic value of one GOGL stock under the base case scenario is HIDDEN Compared to the current market price of 7.17 USD, Golden Ocean Group Limited is HIDDEN

GOGL Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 22, 2025.

The intrinsic value of one GOGL stock under the best case scenario is HIDDEN Compared to the current market price of 7.17 USD, Golden Ocean Group Limited is HIDDEN

GOGL Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart GOGL

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1M 2%
6M -62%
1Y -77%
3Y -56.0%
5Y --%
All
FINANCIALS
968 M REVENUE
9.33%
Growth Rates
1Year 9.33%
3Years -6.98%
5Years 6.53%
7Years 11.22%
10Years 25.91%
314 M OPERATING INCOME
66.66%
Growth Rates
1Year 66.66%
3Years -15.10%
5Years 25.58%
7Years 30.01%
10Years 32.06%
223 M NET INCOME
98.82%
Growth Rates
1Year 98.82%
3Years -24.91%
5Years 43.11%
7Years 92.25%
10Years 30.16%
365 M OPERATING CASH FLOW
37.16%
Growth Rates
1Year 37.16%
3Years -13.29%
5Years 18.18%
7Years 21.29%
10Years 30.83%
-8.2 M INVESTING CASH FLOW
97.85%
Growth Rates
1Year 97.85%
3Years 72.40%
5Years 35.43%
7Years 15.84%
10Years 30.61%
-344 M FINANCING CASH FLOW
-358.35%
Growth Rates
1Year -358.35%
3Years -36.43%
5Years -3.14%
7Years -44.11%
10Years -9.41%
211 M REVENUE
-19.05%
Growth Rates
1Year 9.33%
3Years -6.98%
5Years 6.53%
7Years 11.22%
10Years 25.91%
49.2 M OPERATING INCOME
-47.61%
Growth Rates
1Year 66.66%
3Years -15.10%
5Years 25.58%
7Years 30.01%
10Years 32.06%
39 M NET INCOME
-30.76%
Growth Rates
1Year 98.82%
3Years -24.91%
5Years 43.11%
7Years 92.25%
10Years 30.16%
71.7 M OPERATING CASH FLOW
-28.88%
Growth Rates
1Year 37.16%
3Years -13.29%
5Years 18.18%
7Years 21.29%
10Years 30.83%
33.9 M INVESTING CASH FLOW
870.80%
Growth Rates
1Year 97.85%
3Years 72.40%
5Years 35.43%
7Years 15.84%
10Years 30.61%
-91.5 M FINANCING CASH FLOW
-11.86%
Growth Rates
1Year -358.35%
3Years -36.43%
5Years -3.14%
7Years -44.11%
10Years -9.41%
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
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
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
RATIOS
47.38% GROSS MARGIN
47.38%
Averages
1Year 47.38%
3Years 36.32%
5Years 32.02%
7Years 28.65%
10Years 16.14%
32.46% OPERATING MARGIN
32.46%
Averages
1Year 32.46%
3Years 30.94%
5Years 27.75%
7Years 25.02%
10Years 3.27%
23.05% NET MARGIN
23.05%
Averages
1Year 23.05%
3Years 25.73%
5Years 19.68%
7Years 16.65%
10Years -5.00%
11.75% ROE
11.75%
Averages
1Year 11.75%
3Years 13.89%
5Years 11.79%
7Years 9.57%
10Years 3.74%
6.61% ROA
6.61%
Averages
1Year 6.61%
3Years 8.00%
5Years 6.84%
7Years 5.47%
10Years 2.27%
9.56% ROIC
9.56%
Averages
1Year 9.56%
3Years 9.61%
5Years 8.97%
7Years 7.62%
10Years 4.08%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Golden Ocean Group Limited
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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 95.26%
GOGL Average Price Target Wall Street Target
15.8 USD 120.83%
GOGL Highest Price Target Wall Street Target
18 USD 151.05%
4. DIVIDEND ANALYSIS
3.36% DIVIDEND YIELD
0.15 USD DIVIDEND PER SHARE
5. COMPETITION

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes.

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36.5 USD
GNK
Undervalued 179.75%

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units.

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93.2 USD
GSL
Undervalued 273.54%

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide.

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5.08 USD
DSX
Undervalued 237.61%

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products.

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342 USD
SBLK
Undervalued 2034.88%

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies.

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56.5 USD
DAC
Overvalued 32.45%

OceanPal Inc. focuses on the provision of ocean-going transportation services. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers.

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-42.8 USD
OP
Overvalued 5455.09%

Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT.

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32.6 USD
CMRE
Undervalued 293.16%

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters.

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-220 USD
NMM
Overvalued 668.43%
6. Ownership
Insider Ownership Golden Ocean Group Limited
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
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 - 19 hours 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 - 1 day 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 day 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 - 2 days 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 - 6 days 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 - 2 weeks 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 - 4 weeks 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 - 4 weeks 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 - 1 month 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 - 1 month ago
Best Income Stocks to Buy for April 16th GOGL and ORANY made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 16, 2025. zacks.com - 1 month ago
Golden Ocean: Strong Buy Today Golden Ocean's share price has dropped significantly, making it an attractive entry point, especially with potential takeover interest from Cmb.Tech. Golden Ocean is a well-managed, shareholder-friendly company with a healthy dividend yield a strong balance sheet, trading at a low P/E ratio. Cmb.Tech's recent and substantial investments in Golden Ocean suggest a likely buy-out, offering significant upside potential from the current share price. seekingalpha.com - 1 month ago
8. Profile Summary

Golden Ocean Group Limited GOGL

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COUNTRY BM
INDUSTRY Marine Shipping
MARKET CAP $ 1.43 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