Golden Ocean Group Stock Current Valuation
| GOGL Stock | USD 7.68 0.29 3.64% |
Valuation analysis of Golden Ocean Group helps investors to measure Golden Ocean's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is expected to rise to about 2.9 B this year, although Enterprise Value Over EBITDA will most likely fall to 6.85. Fundamental drivers impacting Golden Ocean's valuation include:
Overvalued
Today
Please note that Golden Ocean's price fluctuation is slightly risky at this time. Calculation of the real value of Golden Ocean Group is based on 3 months time horizon. Increasing Golden Ocean's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Golden stock is determined by what a typical buyer is willing to pay for full or partial control of Golden Ocean Group. Since Golden Ocean is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Golden Stock. However, Golden Ocean's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 7.68 | Real 6.91 | Target 13.71 | Hype 7.68 | Naive 7.78 |
The intrinsic value of Golden Ocean's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Golden Ocean's stock price.
Estimating the potential upside or downside of Golden Ocean Group helps investors to forecast how Golden stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Golden Ocean more accurately as focusing exclusively on Golden Ocean's fundamentals will not take into account other important factors: Golden Ocean Group Company Current Valuation Analysis
Golden Ocean's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Golden Ocean Current Valuation | 2.77 B |
Most of Golden Ocean's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Golden Ocean Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Golden Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Golden Ocean is extremely important. It helps to project a fair market value of Golden Stock properly, considering its historical fundamentals such as Current Valuation. Since Golden Ocean's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Golden Ocean's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Golden Ocean's interrelated accounts and indicators.
Click cells to compare fundamentals
Golden Current Valuation Historical Pattern
Today, most investors in Golden Ocean Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Golden Ocean's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Golden Ocean current valuation as a starting point in their analysis.
Golden Ocean Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Golden Ocean Group has a Current Valuation of 2.77 B. This is 61.93% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The current valuation for all United States stocks is 83.32% higher than that of the company.
Golden Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Ocean's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Ocean could also be used in its relative valuation, which is a method of valuing Golden Ocean by comparing valuation metrics of similar companies.Golden Ocean is currently under evaluation in current valuation category among its peers.
Golden Ocean Current Valuation Drivers
We derive many important indicators used in calculating different scores of Golden Ocean from analyzing Golden Ocean's financial statements. These drivers represent accounts that assess Golden Ocean's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Golden Ocean's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 835.4M | 664.7M | 1.8B | 1.8B | 1.6B | 1.7B |
Golden Ocean ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Golden Ocean's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Golden Ocean's managers, analysts, and investors.Environmental | Governance | Social |
Golden Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0533 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 2.77 B | ||||
| Shares Outstanding | 199.38 M | ||||
| Shares Owned By Insiders | 40.81 % | ||||
| Shares Owned By Institutions | 38.04 % | ||||
| Number Of Shares Shorted | 4.68 M | ||||
| Price To Earning | 2.55 X | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 1.64 X | ||||
| Revenue | 968.42 M | ||||
| Gross Profit | 458.84 M | ||||
| EBITDA | 432.84 M | ||||
| Net Income | 223.21 M | ||||
| Cash And Equivalents | 163.98 M | ||||
| Cash Per Share | 0.82 X | ||||
| Total Debt | 1.38 B | ||||
| Debt To Equity | 0.69 % | ||||
| Current Ratio | 1.54 X | ||||
| Book Value Per Share | 9.53 X | ||||
| Cash Flow From Operations | 365.3 M | ||||
| Short Ratio | 2.01 X | ||||
| Earnings Per Share | 1.12 X | ||||
| Price To Earnings To Growth | 131.35 X | ||||
| Target Price | 11.62 | ||||
| Beta | 1.19 | ||||
| Market Capitalization | 1.58 B | ||||
| Total Asset | 3.38 B | ||||
| Retained Earnings | 320.85 M | ||||
| Working Capital | 52.73 M | ||||
| Current Asset | 203.66 M | ||||
| Current Liabilities | 80.03 M | ||||
| Annual Yield | 0.08 % | ||||
| Net Asset | 3.38 B | ||||
| Last Dividend Paid | 1.05 |
About Golden Ocean Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Ocean Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Ocean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Ocean Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Ocean. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Dividend Share 1.05 | Earnings Share 1.12 | Revenue Per Share | Quarterly Revenue Growth (0.17) |
The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.