Of note is the ratio of Golden Ocean Group Ltd's sales and general administrative expense to its total operating expenses; merely 5.74% of US stocks have a lower such ratio.
Revenue growth over the past 12 months for Golden Ocean Group Ltd comes in at 271.01%, a number that bests 97.66% of the US stocks we're tracking.
Golden Ocean Group Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 72.59%, greater than the shareholder yield of 93.67% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Golden Ocean Group Ltd are GMLP, APTS, KNOP, TRTN, and TERP.
Golden Ocean Group Limited engages in the transportation of dry bulk cargoes in the Capesize and Panamax markets. The company transports ores, coal, grains, and fertilizers along worldwide shipping routes. The company was founded in 2004 and is based in Hamilton, Bermuda.
GOGL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Golden Ocean Group Ltd. To summarize, we found that Golden Ocean Group Ltd ranked in the 82th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for GOGL, they are:
25% of the company's capital comes from equity, which is greater than merely 14.2% of stocks in our cash flow based forecasting set.
Golden Ocean Group Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 20.89% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Industrials), Golden Ocean Group Ltd has a reliance on debt greater than 85.91% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Golden Ocean Group Ltd? See NSP, HUBG, TEX, MLI, and URI.