Valuation: Golden Ocean Group Limited

Capitalization 159.12Cr 137.61Cr 124.61Cr 119.64Cr 218.2Cr 15TCr 227.82Cr 1.47TCr 589.11Cr 7TCr 597.22Cr 584.46Cr 25TCr P/E ratio 2023
17.4x
P/E ratio 2024 8.02x
Enterprise value 284.2Cr 245.77Cr 222.56Cr 213.67Cr 389.71Cr 26TCr 406.89Cr 2.63TCr 1.05TCr 13TCr 1.07TCr 1.04TCr 45TCr EV / Sales 2023
3.73x
EV / Sales 2024 3.14x
Free-Float
60.1%
Yield 2023
6.15%
Yield 2024 11.7%
1 year 6.27
Extreme 6.27
9.05
3 years 6.27
Extreme 6.27
15.77
5 years 6.27
Extreme 6.27
16.46
10 years 2.52
Extreme 2.52
16.46
Manager TitleAgeSince
Chief Executive Officer 52 29/05/2024
Director of Finance/CFO - 01/06/2025
Chief Operating Officer - 01/10/2005
Director TitleAgeSince
Director/Board Member 63 21/09/2018
Director/Board Member - 28/03/2025
Director/Board Member 60 14/02/2025
Change 5d. change 1-year change 3-years change Capi.($)
-2.68%-.--%-5.17%-23.78% 159.12Cr
+0.74%+8.68%+37.38%+0.50% 3.79TCr
+1.08%+5.07%+36.32%+80.02% 3.42TCr
-1.40%+7.97%-6.43%-53.81% 2.83TCr
-1.41%+11.92%+178.47%+128.24% 2.05TCr
+0.54%+3.20%+3.90%+54.78% 1.42TCr
+3.66%-4.71%-1.16%-5.35% 1.35TCr
+0.32%+4.41%+46.16%+13.78% 1.31TCr
-1.26%+2.76%+6.28%+65.27% 1.31TCr
-0.83%+0.06%+84.94%+82.31% 1.16TCr
Average -0.13%+4.45%+38.07%+34.20% 1.88TCr
Weighted average by Cap. +0.13%+6.07%+41.67%+34.68%

Financials

2023 2024
Net sales 89Cr 77Cr 69Cr 67Cr 121.46Cr 8.13TCr 126.82Cr 820.66Cr 327.93Cr 3.9TCr 332.45Cr 325.34Cr 14TCr 97Cr 84Cr 76Cr 73Cr 132.8Cr 8.89TCr 138.65Cr 897.24Cr 358.53Cr 4.26TCr 363.47Cr 355.7Cr 15TCr
Net income 11Cr 9.71Cr 8.79Cr 8.44Cr 15Cr 1.03TCr 16Cr 104.02Cr 42Cr 493.97Cr 42Cr 41Cr 1.77TCr 22Cr 19Cr 17Cr 17Cr 31Cr 2.05TCr 32Cr 206.81Cr 83Cr 982.13Cr 84Cr 82Cr 3.52TCr
Net Debt 135.37Cr 117.07Cr 106.01Cr 101.78Cr 185.63Cr 12TCr 193.81Cr 1.25TCr 501.17Cr 5.96TCr 508.07Cr 497.21Cr 21TCr 125.07Cr 108.16Cr 98Cr 94Cr 171.51Cr 11TCr 179.07Cr 1.16TCr 463.05Cr 5.5TCr 469.43Cr 459.4Cr 20TCr
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