GOGLo — Golden Ocean Share Price
- NOK16.60bn
- NOK28.71bn
- $1.11bn
- 54
- 95
- 33
- 66
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 7.13 | ||
PEG Ratio (f) | n/a | ||
EPS Growth (f) | -35.14% | ||
Dividend Yield (f) | 12.09% |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 0.78 | ||
Price to Tang. Book | 0.78 | ||
Price to Free Cashflow | 3.38 | ||
Price to Sales | 1.34 | ||
EV to EBITDA | 4.58 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 14.29% | ||
Return on Equity | 24.02% | ||
Operating Margin | 39.08% |
Financial Summary
Year End 31st Dec | Unit | 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | $m | 656.07 | 705.8 | 607.94 | 1,203.18 | 1,113.46 | 753.89 | 815.15 | 19.34% |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | n/a | -56.18 | n/a | n/a | -21.36 | -59.4 | +50.52 | n/a |
PE Ratio | x | ||||||||
PEG | |||||||||
Profitability | |||||||||
Operating Margin | % | ||||||||
ROA | % | ||||||||
ROCE | % | ||||||||
ROE | % | ||||||||
Cashflow | |||||||||
Op. Cashflow ps | |||||||||
Capex ps | |||||||||
Free Cashflow ps | |||||||||
Dividends | |||||||||
Dividend ps | |||||||||
Dividend Growth | % | ||||||||
Dividend Yield | % | ||||||||
Dividend Cover | x | ||||||||
Balance Sheet | |||||||||
Cash etc | m | ||||||||
Working Capital | m | ||||||||
NFA | m | ||||||||
Net Debt | m | ||||||||
Book Value | m | ||||||||
Diluted Weighted Average Shares | m | ||||||||
Book Value ps |
Other Ratios
Leverage (ttm) | Total | - Intang | + Pension |
---|---|---|---|
Gross Gearing | |||
Net Gearing | |||
Cash / Assets |
Liquidity (ttm) | |
---|---|
Curr. Ratio | |
Quick Ratio | |
Interest Cov. |
Efficiency (ttm) | |
---|---|
Asset Turnover | |
Recs Turnover | |
Stock Turnover |
Recent History
Latest interim period vs. prior period | Industry | Market | |
---|---|---|---|
Sales Growth | |||
EPS Growth |
3yr Compound Annual Growth Rate | Industry | Market | |
---|---|---|---|
Sales CAGR | |||
EPS CAGR | |||
DPS CAGR |
Profile Summary
Golden Ocean Group Limited is an international dry bulk shipping company. The Company owns and operates a fleet of dry bulk vessels, comprising of Newcastlemax, Capesize, Panamax and Ultramax vessels. The Company’s vessels transport a range of bulk commodities, including ores, coal, grains and fertilizers, along worldwide shipping routes. Its vessels operate in the spot and time charter markets. The Company owns approximately 81 dry bulk vessels. In addition, it has 11 vessels chartered-in (of which seven and one are chartered in on finance leases and operating leases, respectively from SFL Corporation Ltd. (SFL) and three chartered in on operating leases from unrelated third parties. Approximately six of the vessels are chartered-out on fixed rate time charters and approximately 31 of its vessels are chartered out on index linked rate time charters and the remaining 55 vessels operate in the spot market.
Directors
- Ola Lorentzon CHM (71)
- Peder Simonsen CFO (46)
- Ulrik Andersen CEX (42)
- Lars Christian Svensen OTH (35)
- John Fredriksen DRC (76)
- Bjon Larsen DRC (53)
- Tor Svelland DRC (53)
- James O'Shaughnessy IND (57)
- Last Annual
- December 31st, 2022
- Last Interim
- December 31st, 2022
- Incorporated
- September 18th, 1996
- Public Since
- February 7th, 1997
- No. of Employees
- 38
- Sector
- Freight & Logistics Services
- Industry
- Industrials
- Exchange
OMX Nordic Exchange Stockholm
- Shares in Issue
- 200,423,536

- Address
- Par La Ville Place, 14 Par-La-Ville Road, HAMILTON, HM 08
- Web
- https://www.goldenocean.bm/
- Phone
- +1 4412956935
- Auditors
- PricewaterhouseCoopers AS
Upcoming Events for GOGLo
Q3 2023 Golden Ocean Group Ltd Earnings Release
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FAQ
As of Today at 13:09 UTC, shares in Golden Ocean are trading at NOK82.54. This share price information is delayed by 15 minutes.
Shares in Golden Ocean last closed at NOK82.54 and the price had moved by -43.75% over the past 365 days. In terms of relative price strength the Golden Ocean share price has underperformed the FTSE Global All Cap Index by -46.14% over the past year.
The overall consensus recommendation for Golden Ocean is Buy. You can view the full broker recommendation list by unlocking its StockReport.
The Golden Ocean dividend yield is 31.62% based on the trailing twelve month period.
Last year, Golden Ocean paid a total dividend of $2.35, and it currently has a trailing dividend yield of 31.62%. We do not have any data on when Golden Ocean is to next pay dividends.
We do not have data on when Golden Ocean is to next pay dividends. The historic dividend yield on Golden Ocean shares is currently 31.62%.
To buy shares in Golden Ocean you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of NOK82.54, shares in Golden Ocean had a market capitalisation of NOK16.60bn.
Here are the trading details for Golden Ocean:
- Country of listing: Sweden
- Exchange: STO
- Ticker Symbol: GOGLo
Based on an overall assessment of its quality, value and momentum Golden Ocean is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Golden Ocean is NOK140.37. That is 70.07% above the last closing price of NOK82.54.
Analysts covering Golden Ocean currently have a consensus Earnings Per Share (EPS) forecast of $0.86 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Golden Ocean. Over the past six months, its share price has underperformed the FTSE Global All Cap Index by -9.2%.
As of the last closing price of NOK82.54, shares in Golden Ocean were trading -17.46% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Golden Ocean PE ratio based on its reported earnings over the past 12 months is 7.13. The shares last closed at NOK82.54.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Golden Ocean's management team is headed by:
- Ola Lorentzon - CHM
- Peder Simonsen - CFO
- Ulrik Andersen - CEX
- Lars Christian Svensen - OTH
- John Fredriksen - DRC
- Bjon Larsen - DRC
- Tor Svelland - DRC
- James O'Shaughnessy - IND