Valuation: Golden Ocean Group Limited

Capitalization 1.59B 1.35B 1.23B 1.18B 2.17B 144B 2.25B 14.33B 5.68B 69.57B 5.97B 5.84B 244B P/E ratio 2023
17.4x
P/E ratio 2024 8.02x
Enterprise value 2.84B 2.4B 2.19B 2.1B 3.88B 258B 4.02B 25.6B 10.14B 124B 10.66B 10.44B 437B EV / Sales 2023
3.73x
EV / Sales 2024 3.14x
Free-Float
60.1%
Yield 2023
6.15%
Yield 2024 11.7%
1 day-2.68%
6 months-0.25%
1 year 6.27
Extreme 6.27
10.17
3 years 6.27
Extreme 6.27
15.77
5 years 5.98
Extreme 5.98
16.46
10 years 2.52
Extreme 2.52
16.46
Manager TitleAgeSince
Chief Executive Officer 52 28/05/2024
Director of Finance/CFO - 31/05/2025
Chief Operating Officer - 30/09/2005
Director TitleAgeSince
Director/Board Member 63 20/09/2018
Director/Board Member - 27/03/2025
Director/Board Member 60 13/02/2025
Change 5d. change 1-year change 3-years change Capi.($)
-2.68%-.--%-14.83%-14.83% 1.59B
+1.55%+0.92%+28.00%-1.48% 35.36B
+1.96%+1.22%+10.80%+69.07% 31.08B
+5.07%-4.13%-21.09%-56.88% 24.11B
-7.79%-1.06%+80.33%+74.14% 14.25B
+0.47%+1.18%+18.51%-3.16% 14B
+1.52%+0.35%-1.50%+54.04% 13.44B
+2.28%+2.81%+26.30%+9.90% 11.73B
+1.65%+0.48%-5.02%+53.10% 11.52B
+1.10%-4.17%+2.80% - 10.97B
Average -0.04%+0.43%+12.43%+20.43% 16.81B
Weighted average by Cap. +0.45%+0.48%+14.63%+20.15%

Financials

2023 2024
Net sales 886M 749M 684M 655M 1.21B 80.29B 1.25B 7.98B 3.16B 38.73B 3.32B 3.25B 136B 968M 819M 748M 716M 1.32B 87.78B 1.37B 8.72B 3.45B 42.34B 3.63B 3.56B 149B
Net income 112M 94.92M 86.69M 82.99M 153M 10.18B 159M 1.01B 400M 4.91B 421M 412M 17.25B 223M 189M 172M 165M 305M 20.23B 316M 2.01B 796M 9.76B 837M 820M 34.29B
Net Debt 1.35B 1.14B 1.05B 1B 1.85B 123B 1.92B 12.19B 4.83B 59.19B 5.08B 4.97B 208B 1.25B 1.06B 966M 925M 1.71B 113B 1.77B 11.27B 4.46B 54.69B 4.69B 4.59B 192B
Logo Golden Ocean Group Limited
Golden Ocean Group Limited is a Bermuda-based international dry bulk shipping company. The Company owns and operates a fleet of dry bulk vessels, comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels. Its 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. It owns approximately 83 dry bulk vessels and has construction contracts for three new buildings. In addition, it has eight vessels chartered-in from SFL Corporation Ltd. (SFL) (of which seven are chartered in on finance leases and one is chartered on an operating lease). Approximately 12 of its vessels are chartered-out on fixed rate time charters, 36 of its vessels are chartered out on index-linked-rate time charters and 43 vessels operate in the spot market.
Employees
44