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Golden Ocean Group Ltd GOGL

Morningstar Rating
$13.59 +0.21 (1.57%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

GOGL is trading at a 2% discount.
Price
$13.38
Fair Value
$24.52
Uncertainty
High
1-Star Price
$31.12
5-Star Price
$99.27
Economic Moat
Bzqz
Capital Allocation
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News

Trading Information

Previous Close Price
$13.38
Day Range
$13.4713.73
52-Week Range
$6.8913.95
Bid/Ask
$13.58 / $13.75
Market Cap
$2.71 Bil
Volume/Avg
1.6 Mil / 1.7 Mil

Key Statistics

Price/Earnings (Normalized)
22.70
Price/Sales
3.03
Dividend Yield (Trailing)
4.48%
Dividend Yield (Forward)
4.48%
Total Yield
4.80%

Company Profile

Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.
Sector
Industrials
Industry
Marine Shipping
Stock Style Box
Small Value
Total Number of Employees
38

Comparables

Valuation

Metric
GOGL
GSL
HAFNI
Price/Earnings (Normalized)
22.702.515.30
Price/Book Value
1.390.661.84
Price/Sales
3.031.201.48
Price/Cash Flow
10.192.034.29
Price/Earnings
GOGL
GSL
HAFNI

Financial Strength

Metric
GOGL
GSL
HAFNI
Quick Ratio
0.940.561.07
Current Ratio
1.231.051.41
Interest Coverage
2.107.5911.10
Quick Ratio
GOGL
GSL
HAFNI

Profitability

Metric
GOGL
GSL
HAFNI
Return on Assets (Normalized)
3.44%15.75%18.79%
Return on Equity (Normalized)
6.20%31.52%34.61%
Return on Invested Capital (Normalized)
6.36%19.11%21.86%
Return on Assets
GOGL
GSL
HAFNI
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Marine Shipping Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
HLAGF
Hapag-Lloyd AGKpsmry$31.6 Bil
HPGLY
Hapag-Lloyd AG ADRFddrtp$29.1 Bil
CICOY
COSCO SHIPPING Holdings Co Ltd ADRGshtpk$23.1 Bil
CICOF
COSCO SHIPPING Holdings Co Ltd Class HYxhwhsy$23.1 Bil
AMKAF
A. P. Moller Maersk A/S Class AWtczgjg$21.8 Bil
AMKBY
A. P. Moller Maersk A/S ADRGpfzm$21.8 Bil
AMKBF
A. P. Moller Maersk A/S Class BYjkdhk$21.5 Bil
NYUKF
Nippon Yusen Kabushiki KaishaSwst$12.2 Bil
NPNYY
Nippon Yusen Kabushiki Kaisha ADRGslt$12.2 Bil
ICTEF
International Container Terminal Services IncHvfhktd$11.7 Bil

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