Golden Ocean Valuation
| GOGL Stock | USD 9.20 0.34 3.84% |
At this time, the firm appears to be undervalued. Golden Ocean Group retains a regular Real Value of $11.18 per share. The prevalent price of the firm is $9.2. Our model calculates the value of Golden Ocean Group from evaluating the firm fundamentals such as Current Valuation of 3.07 B, return on asset of 0.0541, and Return On Equity of 0.11 as well as inspecting its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that Golden Ocean's price fluctuation is not too volatile 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 9.2 | Real 11.18 | Hype 9.17 | Naive 8.91 |
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 Total Value Analysis
Golden Ocean Group is currently forecasted to have valuation of 3.07 B with market capitalization of 1.79 B, debt of 1.47 B, and cash on hands of 163.98 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Golden Ocean fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
3.07 B | 1.79 B | 1.47 B | 163.98 M |
Golden Ocean Investor Information
About 40.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.92. Some equities with similar Price to Book (P/B) outperform the market in the long run. Golden Ocean Group last dividend was issued on the 11th of September 2024. The entity had 1:5 split on the 1st of August 2016. Based on the analysis of Golden Ocean's profitability, liquidity, and operating efficiency, Golden Ocean Group is not in a good financial situation at this time. It has a very high risk of going through financial distress in March.Golden Ocean Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Golden Ocean has an asset utilization ratio of 25.39 percent. This suggests that the Company is making $0.25 for each dollar of assets. An increasing asset utilization means that Golden Ocean Group is more efficient with each dollar of assets it utilizes for everyday operations.Golden Ocean Ownership Allocation
Golden Ocean Group has a total of 199.4 Million outstanding shares. Golden Ocean secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. On May 14, 2024, Senator Tommy Tuberville of US Senate acquired $50k to $100k worth of Golden Ocean Group's common stock.Golden Ocean Profitability Analysis
The company reported the previous year's revenue of 885.77 M. Net Income was 112.27 M with profit before overhead, payroll, taxes, and interest of 463.18 M.Golden Ocean Past Distributions to stockholders
About Golden Ocean Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Golden Ocean Group. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Golden Ocean Group based exclusively on its fundamental and basic technical indicators. By analyzing Golden Ocean's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Golden Ocean's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Golden Ocean. We calculate exposure to Golden Ocean's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Golden Ocean's related companies.Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 37 people.
A single share of Golden Ocean represents a small ownership stake in the entity. As a stockholder of Golden, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Golden Ocean Dividends Analysis For Valuation
There are various types of dividends Golden Ocean can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Golden shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Golden Ocean Group directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Golden pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Golden Ocean by the value of the dividends paid out.
Golden Ocean Growth Indicators
Investing in growth stocks can be very risky. If the company such as Golden Ocean does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 200.5 M | |
| Quarterly Earnings Growth Y O Y | 0.822 | |
| Forward Price Earnings | 6.8966 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Ocean Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.
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.