7.98 USD
-0.22 (-2.68%)
At close: Aug 19, 2025
8 USD
+0.02 (+0.25%)
After Hours: 8/19/2025, 8:00:01 PM
Taking everything into account, GOGL scores 4 out of 10 in our fundamental rating. GOGL was compared to 35 industry peers in the Marine Transportation industry. There are concerns on the financial health of GOGL while its profitability can be described as average. GOGL has a valuation in line with the averages, but it does not seem to be growing.
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
- Looking at the Return On Assets, with a value of 3.35%, GOGL is in the better half of the industry, outperforming 61.11% of the companies in the same industry.
- With a decent Return On Equity value of 6.23%, GOGL is doing good in 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 in line with the industry average of 7.59%.
| 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
- With a decent Profit Margin value of 13.16%, GOGL is doing good in the industry, outperforming 63.89% of the companies in the same industry.
- GOGL's Profit Margin has improved in the last couple of years.
- GOGL has a Operating Margin (21.92%) which is in line with its industry peers.
- GOGL's Operating Margin has improved in the last couple of years.
- GOGL has a Gross Margin (42.48%) which is comparable to the rest of the industry.
- 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.
- The number of shares outstanding for GOGL remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, GOGL has more shares outstanding
- GOGL has a better debt/assets ratio than last year.
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.
- GOGL has a Altman-Z score (1.13) which 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.
- The Debt to FCF ratio of GOGL (8.36) is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.66 indicates that GOGL is somewhat dependend on debt financing.
- GOGL's Debt to Equity ratio of 0.66 is on the low side compared to the rest of the industry. GOGL is outperformed by 63.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 8.36 | ||
| Altman-Z | 1.13 |
ROIC/WACC0.67
WACC7.3%
2.3 Liquidity
- A Current Ratio of 0.81 indicates that GOGL may have some problems paying its short term obligations.
- GOGL's Current ratio of 0.81 is on the low side compared to the rest of the industry. GOGL is outperformed by 77.78% of its industry peers.
- A Quick Ratio of 0.81 indicates that GOGL may have some problems paying its short term obligations.
- The Quick ratio of GOGL (0.81) is worse than 75.00% of its industry peers.
| 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%.
- GOGL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 30.14% yearly.
- The Revenue has decreased by -7.73% in the past year.
- 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.
- GOGL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.10% yearly.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 14.00, which indicates a correct valuation of GOGL.
- Compared to the rest of the industry, the Price/Earnings ratio of GOGL is on the same level as its industry peers.
- GOGL is valuated cheaply when we compare the Price/Earnings ratio to 28.39, which is the current average of the S&P500 Index.
- GOGL is valuated cheaply with a Price/Forward Earnings ratio of 7.61.
- 63.89% of the companies in the same industry are more expensive than GOGL, based on the Price/Forward Earnings ratio.
- GOGL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 7.61 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, GOGL is valued a bit more expensive than 61.11% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, GOGL is valued a bit cheaper than the industry average as 63.89% of the companies are valued more expensively.
| 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.
- A cheap valuation may be justified as GOGL's earnings are expected to decrease with -6.41% in the coming years.
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.
- GOGL's Dividend Yield is rather good when compared to the industry average which is at 5.57. GOGL pays more dividend than 91.67% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, GOGL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.03% |
5.2 History
- On average, the dividend of GOGL grows each year by 29.94%, which is quite nice.
- GOGL has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of GOGL decreased 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%
GOLDEN OCEAN GROUP LTD / GOGL FAQ
What is the fundamental rating for GOGL stock?
ChartMill assigns a fundamental rating of 4 / 10 to GOGL.
Can you provide the valuation status for GOLDEN OCEAN GROUP LTD?
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.
How financially healthy is GOLDEN OCEAN GROUP LTD?
The financial health rating of GOLDEN OCEAN GROUP LTD (GOGL) is 2 / 10.
What is the expected EPS growth for GOLDEN OCEAN GROUP LTD (GOGL) stock?
The Earnings per Share (EPS) of GOLDEN OCEAN GROUP LTD (GOGL) is expected to decline by -53.55% in the next year.