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Golden Ocean Group Limited (GOGL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

BMG396372051

CUSIP

G39637106

Sector

Industrials

IPO Date

Feb 6, 1997

Highlights

Market Cap

$1.81B

EPS (TTM)

$1.21

PE Ratio

7.42

PEG Ratio

131.35

Total Revenue (TTM)

$1.01B

Gross Profit (TTM)

$367.91M

EBITDA (TTM)

$482.69M

Year Range

$8.58 - $15.01

Target Price

$13.79

Short %

3.72%

Short Ratio

3.33

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
GOGL vs. SBLK GOGL vs. ZIM GOGL vs. IVOL GOGL vs. AEM GOGL vs. ASC GOGL vs. CRT GOGL vs. PEP GOGL vs. QQQ GOGL vs. TNK GOGL vs. VOO
Popular comparisons:
GOGL vs. SBLK GOGL vs. ZIM GOGL vs. IVOL GOGL vs. AEM GOGL vs. ASC GOGL vs. CRT GOGL vs. PEP GOGL vs. QQQ GOGL vs. TNK GOGL vs. VOO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Golden Ocean Group Limited, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%500.00%600.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
47.79%
651.16%
GOGL (Golden Ocean Group Limited)
Benchmark (^GSPC)

Returns By Period

Golden Ocean Group Limited had a return of -0.99% year-to-date (YTD) and 2.48% in the last 12 months. Over the past 10 years, Golden Ocean Group Limited had an annualized return of -1.14%, while the S&P 500 had an annualized return of 11.06%, indicating that Golden Ocean Group Limited did not perform as well as the benchmark.


GOGL

YTD

-0.99%

1M

-23.99%

6M

-31.58%

1Y

2.48%

5Y*

21.86%

10Y*

-1.14%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of GOGL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20248.30%21.76%3.00%8.72%2.13%-1.97%-10.00%-0.97%11.81%-19.88%-6.72%-0.99%
202310.24%10.49%-8.29%-3.89%-21.84%6.94%3.84%-6.76%9.26%-7.99%30.34%4.39%18.86%
2022-2.69%36.80%7.83%1.21%21.93%-21.14%-6.19%-12.18%-16.36%11.51%5.56%2.96%16.67%
20212.38%28.95%9.92%29.76%14.60%13.43%-11.50%17.50%-1.93%-15.51%3.41%8.20%135.93%
2020-22.89%-9.15%-22.14%21.41%-18.95%25.97%-1.03%5.47%-5.68%-15.18%31.48%8.69%-19.32%
2019-17.70%-1.38%-3.66%24.95%-23.49%28.09%4.65%3.69%-6.13%-1.72%5.42%-1.19%-0.14%
20187.85%2.96%-11.17%1.64%7.18%1.52%7.59%-1.07%7.76%-22.82%-7.49%-10.53%-20.08%
201715.92%25.09%12.00%-0.39%-25.85%18.94%6.99%29.49%-15.79%4.59%-1.10%0.49%73.03%
2016-30.55%-13.33%19.71%24.75%-7.74%-16.96%0.87%8.95%10.96%-10.12%15.38%12.15%-2.34%
2015-11.48%22.94%1.42%-0.40%-14.66%-9.41%1.04%-21.59%-19.34%-19.92%-14.22%-36.68%-76.38%
20142.50%12.11%30.79%-11.81%12.59%7.18%-19.66%9.55%-27.81%-0.79%-34.97%-19.89%-47.48%
201327.24%7.73%17.14%-16.46%5.34%4.55%4.08%13.45%19.93%-18.98%-2.72%17.67%94.01%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of GOGL is 50, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of GOGL is 5050
Overall Rank
The Sharpe Ratio Rank of GOGL is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of GOGL is 4848
Sortino Ratio Rank
The Omega Ratio Rank of GOGL is 4646
Omega Ratio Rank
The Calmar Ratio Rank of GOGL is 5252
Calmar Ratio Rank
The Martin Ratio Rank of GOGL is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Golden Ocean Group Limited (GOGL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for GOGL, currently valued at 0.16, compared to the broader market-4.00-2.000.002.000.162.10
The chart of Sortino ratio for GOGL, currently valued at 0.47, compared to the broader market-4.00-2.000.002.004.000.472.80
The chart of Omega ratio for GOGL, currently valued at 1.06, compared to the broader market0.501.001.502.001.061.39
The chart of Calmar ratio for GOGL, currently valued at 0.07, compared to the broader market0.002.004.006.000.073.09
The chart of Martin ratio for GOGL, currently valued at 0.32, compared to the broader market-5.000.005.0010.0015.0020.0025.000.3213.49
GOGL
^GSPC

The current Golden Ocean Group Limited Sharpe ratio is 0.16. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Golden Ocean Group Limited with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.16
2.10
GOGL (Golden Ocean Group Limited)
Benchmark (^GSPC)

Dividends

Dividend History

Golden Ocean Group Limited provided a 13.78% dividend yield over the last twelve months, with an annual payout of $1.20 per share.


0.00%5.00%10.00%15.00%20.00%25.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.20$0.50$2.35$1.60$0.05$0.33$0.45$0.00$0.00$0.00$3.13$3.50

Dividend yield

13.78%5.12%27.04%17.20%1.08%5.60%7.32%0.00%0.00%0.00%15.34%8.47%

Monthly Dividends

The table displays the monthly dividend distributions for Golden Ocean Group Limited. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.30$0.00$0.00$0.30$0.00$0.00$0.30$0.00$0.00$0.30$1.20
2023$0.00$0.20$0.00$0.00$0.10$0.00$0.00$0.00$0.10$0.00$0.00$0.10$0.50
2022$0.00$0.00$0.90$0.00$0.50$0.00$0.00$0.00$0.60$0.00$0.35$0.00$2.35
2021$0.00$0.00$0.00$0.00$0.00$0.25$0.00$0.00$0.50$0.00$0.00$0.85$1.60
2020$0.00$0.00$0.05$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05
2019$0.00$0.00$0.05$0.00$0.00$0.03$0.00$0.10$0.00$0.00$0.00$0.15$0.33
2018$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.15$0.45
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2014$0.00$0.88$0.00$0.00$1.00$0.00$0.00$1.00$0.00$0.00$0.00$0.25$3.13
2013$0.88$0.00$0.00$0.88$0.00$0.00$0.88$0.00$0.00$0.88$0.00$3.50

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%13.8%
Golden Ocean Group Limited has a dividend yield of 13.78%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%71.4%
Golden Ocean Group Limited has a payout ratio of 71.43%, which is quite average when compared to the overall market. This suggests that Golden Ocean Group Limited strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-80.34%
-2.62%
GOGL (Golden Ocean Group Limited)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Golden Ocean Group Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Golden Ocean Group Limited was 96.87%, occurring on Feb 25, 2016. The portfolio has not yet recovered.

The current Golden Ocean Group Limited drawdown is 80.34%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-96.87%May 28, 20081951Feb 25, 2016
-56.27%Oct 23, 1997544Dec 20, 1999181Sep 7, 2000725
-53.78%Apr 26, 2001541Jun 24, 2003170Feb 26, 2004711
-49.03%May 12, 2005274Jun 13, 2006485May 16, 2008759
-26.37%Dec 1, 200424Jan 4, 200529Feb 15, 200553

Volatility

Volatility Chart

The current Golden Ocean Group Limited volatility is 10.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
10.16%
3.79%
GOGL (Golden Ocean Group Limited)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Golden Ocean Group Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Golden Ocean Group Limited compared to its peers in the Marine Shipping industry.


PE Ratio
20.040.060.080.0100.0120.07.4
The chart displays the price to earnings (P/E) ratio for GOGL in comparison to other companies of the Marine Shipping industry. Currently, GOGL has a PE value of 7.4. This PE ratio falls in the average range for the industry.
PEG Ratio
-60.0-40.0-20.00.020.040.060.0131.4
The chart displays the price to earnings to growth (PEG) ratio for GOGL in comparison to other companies of the Marine Shipping industry. Currently, GOGL has a PEG value of 131.4. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Golden Ocean Group Limited.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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