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. GOGL has a medium profitability rating, but doesn't score so well on its financial health evaluation. GOGL is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- GOGL had positive earnings in the past year.
- GOGL had a positive operating cash flow in the past year.
- Of the past 5 years GOGL 4 years were profitable.
- 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.
- GOGL's Return On Equity of 6.23% is fine compared to the rest of the industry. GOGL outperforms 63.89% of its industry peers.
- GOGL's Return On Invested Capital of 4.92% is in line compared to the rest of the industry. GOGL outperforms 58.33% of its industry peers.
- The Average Return On Invested Capital over the past 3 years 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
- GOGL has a better Profit Margin (13.16%) than 63.89% of its industry peers.
- In the last couple of years the Profit Margin of GOGL has grown nicely.
- The Operating Margin of GOGL (21.92%) is comparable to the rest of the industry.
- In the last couple of years the Operating Margin of GOGL has grown nicely.
- The Gross Margin of GOGL (42.48%) 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.
- GOGL has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for GOGL has been increased compared to 5 years ago.
- Compared to 1 year ago, GOGL has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.13, we must say that GOGL is in the distress zone and has some risk of bankruptcy.
- GOGL has a Altman-Z score of 1.13. This is comparable to the rest of the industry: GOGL outperforms 58.33% of its industry peers.
- 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.
- 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.
- GOGL has a worse Current ratio (0.81) than 77.78% of its industry peers.
- 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.
- GOGL has a worse Quick ratio (0.81) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.81 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
- The earnings per share for GOGL have decreased strongly by -38.71% in the last year.
- Measured over the past years, GOGL shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.14% on average per year.
- Looking at the last year, GOGL shows a decrease in Revenue. The Revenue has decreased by -7.73% in the last year.
- GOGL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.53% yearly.
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.
- Based on estimates for the next years, GOGL will show a decrease in Revenue. The Revenue will decrease by -3.10% on average per year.
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.
- 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
- A Price/Earnings ratio of 14.00 indicates a correct valuation of GOGL.
- GOGL's Price/Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 28.32, GOGL is valued rather cheaply.
- With a Price/Forward Earnings ratio of 7.61, the valuation of GOGL can be described as very cheap.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of GOGL indicates a somewhat cheap valuation: GOGL is cheaper than 63.89% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of GOGL to the average of the S&P500 Index (25.57), we can say GOGL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 7.61 |
4.2 Price Multiples
- GOGL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GOGL is more expensive than 61.11% of the companies in the same industry.
- 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
- The decent profitability rating of GOGL 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
- With a Yearly Dividend Yield of 10.03%, GOGL is a good candidate for dividend investing.
- GOGL's Dividend Yield is rather good when compared to the industry average which is at 5.80. GOGL pays more dividend than 91.67% of the companies in the same industry.
- GOGL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| 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
- GOGL pays out 184.66% of its income as dividend. 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.