Golden Ocean Group Ltd GOGL

Morningstar Rating
$138.80 +2.20 (1.61%)
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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 565% premium.
Price
NOK 135.93
Fair Value
NOK 774.67
Uncertainty
High
1-Star Price
NOK 172.26
5-Star Price
NOK 546.56
Economic Moat
Pggtt
Capital Allocation

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Trading Information

Previous Close Price
$136.60
Day Range
$138.00142.05
52-Week Range
$79.30167.00
Bid/Ask
$138.50 / $140.95
Market Cap
$27.76 Bil
Volume/Avg
697,929 / 370,659

Key Statistics

Price/Earnings (Normalized)
12.47
Price/Sales
2.67
Dividend Yield (Trailing)
7.70%
Dividend Yield (Forward)
9.08%
Total Yield
7.73%

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
2020
SB
Price/Earnings (Normalized)
12.478.327.27
Price/Book Value
1.291.940.67
Price/Sales
2.674.121.82
Price/Cash Flow
7.236.174.58
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
Hapag-Lloyd AG ADR
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Hapag-Lloyd AG
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COSCO SHIPPING Holdings Co Ltd ADR
CICOY
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COSCO SHIPPING Holdings Co Ltd Class H
CICOF
Ghhfngy$30.4 Bil
A P Moller Maersk AS Class B
AMKBF
Slqg$25.6 Bil
A P Moller Maersk AS Class A
AMKAF
Kxrk$25.6 Bil
A P Moller Maersk AS ADR
AMKBY
Xyt$25.6 Bil
Nippon Yusen Kabushiki Kaisha
NYUKF
Nfnmbcw$16.4 Bil
Nippon Yusen Kabushiki Kaisha ADR
NPNYY
Xwbtf$16.4 Bil
International Container Terminal Services Inc
ICTEF
Zplkjrq$14.9 Bil

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