Golden Ocean Group Limited
Golden Ocean Group Limited owns and operates a global fleet of dry bulk vessels. The fleet includes Newcastlemax, Capesize, and Panamax vessels that operate in spot and time charter markets. It transports various commodities such as ores, coal, grains, and fertilizers. As of March 2024, the company had 83 dry bulk vessels. Based in Hamilton, Bermuda.
Overview
Strengths
- Current Price to Earnings Ratio (6.88) is lower than the sector mean (19.23).
- EV/EBITDA (6.30) is lower than the sector mean (9.41).
- Price to free cash flow (5.82) is lower than the sector mean.
- Strong EBITDA Margin of 44.61%.
Weaknesses
- With a depreciation Potential of -68.04%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Analysts expect revenues to decline in the coming year.
- The company has high debt. Net Debt to EBITDA Ratio (2.73) is higher than the sector mean.
Key Financial Data
| Indicator | Value |
|---|
| PER | 7.1 |
| EV/EBITDA | 6.4 |
| Price/Free Cash Flow' | 6.0 |
| ROIC | 11.4% |
| Net Debt/EBITDA | 2.7 |