Golden Ocean Group Ltd GOGL

Morningstar Rating
$137.75 −1.35 (0.97%)
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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 386% premium.
Price
NOK 139.87
Fair Value
NOK 923.40
Uncertainty
High
1-Star Price
NOK 473.30
5-Star Price
NOK 583.29
Economic Moat
Wffy
Capital Allocation

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Trading Information

Previous Close Price
$139.10
Day Range
$137.40141.15
52-Week Range
$79.30167.00
Bid/Ask
$137.65 / $141.00
Market Cap
$27.55 Bil
Volume/Avg
393,569 / 372,090

Key Statistics

Price/Earnings (Normalized)
12.38
Price/Sales
2.65
Dividend Yield (Trailing)
7.75%
Dividend Yield (Forward)
9.15%
Total Yield
7.79%

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
Mid Value
Total Number of Employees
38

Comparables

Valuation

Metric
GOGL
2020
SB
Price/Earnings (Normalized)
12.388.527.30
Price/Book Value
1.281.990.68
Price/Sales
2.654.221.83
Price/Cash Flow
7.186.324.60
Price/Earnings
GOGL
2020
SB

Financial Strength

Metric
GOGL
2020
SB
Quick Ratio
0.793.161.33
Current Ratio
1.173.742.11
Interest Coverage
3.009.614.16
Quick Ratio
GOGL
2020
SB

Profitability

Metric
GOGL
2020
SB
Return on Assets (Normalized)
6.00%11.22%6.20%
Return on Equity (Normalized)
10.98%24.21%10.33%
Return on Invested Capital (Normalized)
9.11%14.24%7.63%
Return on Assets
GOGL
2020
SB

Marine Shipping Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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A P Moller Maersk AS Class B
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A P Moller Maersk AS Class A
AMKAF
Cxmz$24.4 Bil
A P Moller Maersk AS ADR
AMKBY
Bfyk$24.4 Bil
Nippon Yusen Kabushiki Kaisha
NYUKF
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Nippon Yusen Kabushiki Kaisha ADR
NPNYY
Qprvxh$16.5 Bil
International Container Terminal Services Inc
ICTEF
Pqs$15.0 Bil

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