7.98 USD
-0.22 (-2.68%)
8 USD
+0.02 (+0.25%)
Overall GOGL gets a fundamental rating of 4 out of 10. We evaluated GOGL against 35 industry peers in the Marine Transportation industry. While GOGL is still in line with the averages on profitability rating, there are concerns on its financial health. GOGL has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
GOGL had positive earnings in the past year.
In the past year GOGL had a positive cash flow from operations.
GOGL had positive earnings in 4 of the past 5 years.
Each year in the past 5 years GOGL had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.35%, GOGL is doing good in the industry, outperforming 61.11% of the companies in the same industry.
Looking at the Return On Equity, with a value of 6.23%, GOGL is in the better half of the industry, outperforming 63.89% of the companies in the same industry.
With a Return On Invested Capital value of 4.92%, GOGL perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GOGL is significantly below the industry average of 18.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.35% | ||
| ROE | 6.23% | ||
| ROIC | 4.92% |
ROA(3y)8%
ROA(5y)6.84%
ROE(3y)13.89%
ROE(5y)11.79%
ROIC(3y)7.46%
ROIC(5y)7.19%
1.3 Margins
The Profit Margin of GOGL (13.16%) is better than 63.89% of its industry peers.
GOGL's Profit Margin has improved in the last couple of years.
The Operating Margin of GOGL (21.92%) is comparable to the rest of the industry.
GOGL's Operating Margin has improved in the last couple of years.
GOGL has a Gross Margin (42.48%) which is in line with its industry peers.
GOGL's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.92% | ||
| PM (TTM) | 13.16% | ||
| GM | 42.48% |
OM growth 3Y-10.52%
OM growth 5Y16.22%
PM growth 3Y-19.28%
PM growth 5Y34.33%
GM growth 3Y-6.9%
GM growth 5Y1.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GOGL is still creating some value.
GOGL has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, GOGL has more shares outstanding
The debt/assets ratio for GOGL has been reduced compared to a year ago.
2.2 Solvency
GOGL has an Altman-Z score of 1.13. This is a bad value and indicates that GOGL is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GOGL (1.13) is comparable to the rest of the industry.
GOGL has a debt to FCF ratio of 8.36. This is a slightly negative value and a sign of low solvency as GOGL would need 8.36 years to pay back of all of its debts.
GOGL has a Debt to FCF ratio of 8.36. This is comparable to the rest of the industry: GOGL outperforms 58.33% of its industry peers.
GOGL has a Debt/Equity ratio of 0.66. This is a neutral value indicating GOGL is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.66, GOGL is not doing good in the industry: 63.89% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.36 | ||
| Altman-Z | 1.13 |
ROIC/WACC0.67
WACC7.3%
2.3 Liquidity
GOGL has a Current Ratio of 0.81. This is a bad value and indicates that GOGL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.81, GOGL is not doing good in the industry: 77.78% of the companies in the same industry are doing better.
GOGL has a Quick Ratio of 0.81. This is a bad value and indicates that GOGL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.81, GOGL is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
GOGL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -38.71%.
The Earnings Per Share has been growing by 30.14% on average over the past years. This is a very strong growth
GOGL shows a decrease in Revenue. In the last year, the revenue decreased by -7.73%.
Measured over the past years, GOGL shows a small growth in Revenue. The Revenue has been growing by 6.53% on average per year.
EPS 1Y (TTM)-38.71%
EPS 3Y-23.79%
EPS 5Y30.14%
EPS Q2Q%-166.67%
Revenue 1Y (TTM)-7.73%
Revenue growth 3Y-6.98%
Revenue growth 5Y6.53%
Sales Q2Q%-27.85%
3.2 Future
Based on estimates for the next years, GOGL will show a decrease in Earnings Per Share. The EPS will decrease by -6.41% on average per year.
The Revenue is expected to decrease by -3.10% on average over the next years.
EPS Next Y-53.55%
EPS Next 2Y-3.27%
EPS Next 3Y-6.41%
EPS Next 5YN/A
Revenue Next Year-17.68%
Revenue Next 2Y-4.37%
Revenue Next 3Y-3.1%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 14.00, the valuation of GOGL can be described as correct.
GOGL's Price/Earnings is on the same level as the industry average.
GOGL is valuated rather cheaply when we compare the Price/Earnings ratio to 25.65, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.61, the valuation of GOGL can be described as very cheap.
GOGL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. GOGL is cheaper than 63.89% of the companies in the same industry.
GOGL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 7.61 |
4.2 Price Multiples
61.11% of the companies in the same industry are cheaper than GOGL, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GOGL indicates a somewhat cheap valuation: GOGL is cheaper than 63.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.22 | ||
| EV/EBITDA | 8.93 |
4.3 Compensation for Growth
GOGL has a very decent profitability rating, which may justify a higher PE ratio.
GOGL's earnings are expected to decrease with -6.41% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.46
EPS Next 2Y-3.27%
EPS Next 3Y-6.41%
5. Dividend
5.1 Amount
GOGL has a Yearly Dividend Yield of 10.03%, which is a nice return.
Compared to an average industry Dividend Yield of 7.61, GOGL pays a better dividend. On top of this GOGL pays more dividend than 91.67% of the companies listed in the same industry.
GOGL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.03% |
5.2 History
The dividend of GOGL is nicely growing with an annual growth rate of 29.94%!
GOGL has paid a dividend for at least 10 years, which is a reliable track record.
GOGL has decreased its dividend recently.
Dividend Growth(5Y)29.94%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
184.66% of the earnings are spent on dividend by GOGL. This is not a sustainable payout ratio.
The Dividend Rate of GOGL has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP184.66%
EPS Next 2Y-3.27%
EPS Next 3Y-6.41%
7.98
-0.22 (-2.68%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners35.39%
Inst Owner Change-98.98%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap1.59B
Revenue(TTM)863.61M
Net Income(TTM)113.69M
Analysts76.36
Price Target8.44 (5.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.03% |
Yearly Dividend1.2
Dividend Growth(5Y)29.94%
DP184.66%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-31.88%
Min EPS beat(2)-36.86%
Max EPS beat(2)-26.9%
EPS beat(4)1
Avg EPS beat(4)-18.69%
Min EPS beat(4)-36.86%
Max EPS beat(4)2.68%
EPS beat(8)5
Avg EPS beat(8)14.66%
EPS beat(12)8
Avg EPS beat(12)15.76%
EPS beat(16)12
Avg EPS beat(16)18.49%
Revenue beat(2)2
Avg Revenue beat(2)15.93%
Min Revenue beat(2)15.19%
Max Revenue beat(2)16.68%
Revenue beat(4)3
Avg Revenue beat(4)8.72%
Min Revenue beat(4)-0.42%
Max Revenue beat(4)16.68%
Revenue beat(8)5
Avg Revenue beat(8)9.6%
Revenue beat(12)9
Avg Revenue beat(12)18.12%
Revenue beat(16)13
Avg Revenue beat(16)22.97%
PT rev (1m)0%
PT rev (3m)-26.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-32.74%
EPS NY rev (1m)-0.97%
EPS NY rev (3m)-35.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 7.61 | ||
| P/S | 1.84 | ||
| P/FCF | 9.22 | ||
| P/OCF | 6.46 | ||
| P/B | 0.87 | ||
| P/tB | 0.87 | ||
| EV/EBITDA | 8.93 |
EPS(TTM)0.57
EY7.14%
EPS(NY)1.05
Fwd EY13.13%
FCF(TTM)0.87
FCFY10.85%
OCF(TTM)1.23
OCFY15.47%
SpS4.33
BVpS9.16
TBVpS9.16
PEG (NY)N/A
PEG (5Y)0.46
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.35% | ||
| ROE | 6.23% | ||
| ROCE | 6.23% | ||
| ROIC | 4.92% | ||
| ROICexc | 5.1% | ||
| ROICexgc | 5.1% | ||
| OM | 21.92% | ||
| PM (TTM) | 13.16% | ||
| GM | 42.48% | ||
| FCFM | 19.99% |
ROA(3y)8%
ROA(5y)6.84%
ROE(3y)13.89%
ROE(5y)11.79%
ROIC(3y)7.46%
ROIC(5y)7.19%
ROICexc(3y)7.79%
ROICexc(5y)7.57%
ROICexgc(3y)7.79%
ROICexgc(5y)7.57%
ROCE(3y)9.45%
ROCE(5y)9.1%
ROICexgc growth 3Y-16.84%
ROICexgc growth 5Y19.87%
ROICexc growth 3Y-16.84%
ROICexc growth 5Y19.87%
OM growth 3Y-10.52%
OM growth 5Y16.22%
PM growth 3Y-19.28%
PM growth 5Y34.33%
GM growth 3Y-6.9%
GM growth 5Y1.39%
F-Score5
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.36 | ||
| Debt/EBITDA | 3.69 | ||
| Cap/Depr | 53.12% | ||
| Cap/Sales | 8.52% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 75.11% | ||
| Profit Quality | 151.83% | ||
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 1.13 |
F-Score5
WACC7.3%
ROIC/WACC0.67
Cap/Depr(3y)156.98%
Cap/Depr(5y)170.68%
Cap/Sales(3y)23.29%
Cap/Sales(5y)22.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.71%
EPS 3Y-23.79%
EPS 5Y30.14%
EPS Q2Q%-166.67%
EPS Next Y-53.55%
EPS Next 2Y-3.27%
EPS Next 3Y-6.41%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.73%
Revenue growth 3Y-6.98%
Revenue growth 5Y6.53%
Sales Q2Q%-27.85%
Revenue Next Year-17.68%
Revenue Next 2Y-4.37%
Revenue Next 3Y-3.1%
Revenue Next 5YN/A
EBIT growth 1Y-26.42%
EBIT growth 3Y-16.77%
EBIT growth 5Y23.81%
EBIT Next Year-9.8%
EBIT Next 3Y7.29%
EBIT Next 5YN/A
FCF growth 1Y-32.86%
FCF growth 3Y31.74%
FCF growth 5Y18.21%
OCF growth 1Y-46.05%
OCF growth 3Y-13.29%
OCF growth 5Y18.19%
GOLDEN OCEAN GROUP LTD / GOGL FAQ
What is the ChartMill fundamental rating of GOLDEN OCEAN GROUP LTD (GOGL) stock?
ChartMill assigns a fundamental rating of 4 / 10 to GOGL.
What is the valuation status of GOLDEN OCEAN GROUP LTD (GOGL) stock?
ChartMill assigns a valuation rating of 5 / 10 to GOLDEN OCEAN GROUP LTD (GOGL). This can be considered as Fairly Valued.
What is the profitability of GOGL stock?
GOLDEN OCEAN GROUP LTD (GOGL) has a profitability rating of 6 / 10.
What is the financial health of GOLDEN OCEAN GROUP LTD (GOGL) stock?
The financial health rating of GOLDEN OCEAN GROUP LTD (GOGL) is 2 / 10.
Can you provide the expected EPS growth for GOGL stock?
The Earnings per Share (EPS) of GOLDEN OCEAN GROUP LTD (GOGL) is expected to decline by -53.55% in the next year.