GOGL Valuation

Golden Ocean Group Ltd

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0.000

-7.98(-100.000%)1D

Overview
Forecast
Valuation
Earnings

GOGL Relative Valuation

GOGL's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, GOGL is overvalued; if below, it's undervalued.

Historical Valuation

Golden Ocean Group Ltd (GOGL) is now in the Overvalued zone, suggesting that its current forward PE ratio of 13.78 is considered Overvalued compared with the five-year average of 9.18. The fair price of Golden Ocean Group Ltd (GOGL) is between 3.12 to 7.30 according to relative valuation methord. Compared to the current price of 8.00 USD , Golden Ocean Group Ltd is Overvalued By 9.52%.

Relative Value

Fair Zone

3.12-7.30

Current Price：8.00

9.52%

Overvalued

13.78

Trailing

Forward

7.74

EV/EBITDA

Golden Ocean Group Ltd. (GOGL) has a current EV/EBITDA of 7.74. The 5-year average EV/EBITDA is 7.21. The thresholds are as follows: Strongly Undervalued below 4.43, Undervalued between 4.43 and 5.82, Fairly Valued between 8.60 and 5.82, Overvalued between 8.60 and 9.99, and Strongly Overvalued above 9.99. The current Forward EV/EBITDA of 7.74 falls within the Historic Trend Line -Fairly Valued range.

13.35

EV/EBIT

Golden Ocean Group Ltd. (GOGL) has a current EV/EBIT of 13.35. The 5-year average EV/EBIT is 10.57. The thresholds are as follows: Strongly Undervalued below 3.21, Undervalued between 3.21 and 6.89, Fairly Valued between 14.25 and 6.89, Overvalued between 14.25 and 17.93, and Strongly Overvalued above 17.93. The current Forward EV/EBIT of 13.35 falls within the Historic Trend Line -Fairly Valued range.

2.30

Golden Ocean Group Ltd. (GOGL) has a current PS of 2.30. The 5-year average PS is 2.51. The thresholds are as follows: Strongly Undervalued below 1.05, Undervalued between 1.05 and 1.78, Fairly Valued between 3.24 and 1.78, Overvalued between 3.24 and 3.97, and Strongly Overvalued above 3.97. The current Forward PS of 2.30 falls within the Historic Trend Line -Fairly Valued range.

5.62

P/OCF

Golden Ocean Group Ltd. (GOGL) has a current P/OCF of 5.62. The 5-year average P/OCF is 4.79. The thresholds are as follows: Strongly Undervalued below 2.04, Undervalued between 2.04 and 3.42, Fairly Valued between 6.16 and 3.42, Overvalued between 6.16 and 7.54, and Strongly Overvalued above 7.54. The current Forward P/OCF of 5.62 falls within the Historic Trend Line -Fairly Valued range.

8.99

P/FCF

Golden Ocean Group Ltd. (GOGL) has a current P/FCF of 8.99. The 5-year average P/FCF is 2.81. The thresholds are as follows: Strongly Undervalued below -18.05, Undervalued between -18.05 and -7.62, Fairly Valued between 13.23 and -7.62, Overvalued between 13.23 and 23.66, and Strongly Overvalued above 23.66. The current Forward P/FCF of 8.99 falls within the Historic Trend Line -Fairly Valued range.

Golden Ocean Group Ltd (GOGL) has a current Price-to-Book (P/B) ratio of 0.90. Compared to its 3-year average P/B ratio of 1.02 , the current P/B ratio is approximately -11.79% higher. Relative to its 5-year average P/B ratio of 0.99, the current P/B ratio is about -9.49% higher. Golden Ocean Group Ltd (GOGL) has a Forward Free Cash Flow (FCF) yield of approximately 10.82%. Compared to its 3-year average FCF yield of 9.10%, the current FCF yield is approximately 18.88% lower. Relative to its 5-year average FCF yield of 8.87% , the current FCF yield is about 21.95% lower.

0.90

P/B

Median3y

1.02

Median5y

0.99

10.82

FCF Yield

Median3y

9.10

Median5y

8.87

Competitors Valuation Multiple

The average P/S ratio for GOGL's competitors is 2.27, providing a benchmark for relative valuation. Golden Ocean Group Ltd Corp (GOGL) exhibits a P/S ratio of 2.30, which is 1.52% above the industry average. Given its robust revenue growth of -42.48%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

GOGL.O

Golden Ocean Group Ltd

Performance Decomposition

Market capitalization of GOGL decreased by 29.87% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 4.37 to 14.41.

The secondary factor is the Revenue Growth, contributed -42.48%to the performance.

Overall, the performance of GOGL in the past 1 year is driven by P/E Change. Which is more unsustainable.

-42.48%

246.74M → 141.93M

Revenue Growth

-217.36%

26.50 → -31.10

Margin Expansion

229.97%

4.37 → 14.41

P/E Change

-29.87%