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Golden Ocean Group DB:KT31 Stock Report

Last Price

€8.28

Market Cap

€1.7b

7D

-3.4%

1Y

-8.8%

Updated

23 Dec, 2024

Data

Company Financials +

Golden Ocean Group Limited

DB:KT31 Stock Report

Market Cap: €1.7b

My Notes

Capture your thoughts, links and company narrative

Golden Ocean Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Golden Ocean Group
Historical stock prices
Current Share PriceUS$8.28
52 Week HighUS$14.63
52 Week LowUS$8.15
Beta1.2
1 Month Change-17.57%
3 Month Change-28.77%
1 Year Change-8.77%
3 Year Change11.95%
5 Year Change64.86%
Change since IPO-90.77%

Recent News & Updates

Recent updates

Shareholder Returns

KT31DE ShippingDE Market
7D-3.4%-2.4%-2.0%
1Y-8.8%-13.6%6.9%

Return vs Industry: KT31 exceeded the German Shipping industry which returned -13.6% over the past year.

Return vs Market: KT31 underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is KT31's price volatile compared to industry and market?
KT31 volatility
KT31 Average Weekly Movement7.7%
Shipping Industry Average Movement5.1%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: KT31's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: KT31's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a38n/awww.goldenocean.bm

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company’s dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers.

Golden Ocean Group Limited Fundamentals Summary

How do Golden Ocean Group's earnings and revenue compare to its market cap?
KT31 fundamental statistics
Market cap€1.67b
Earnings (TTM)€232.23m
Revenue (TTM)€972.10m

7.4x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KT31 income statement (TTM)
RevenueUS$1.01b
Cost of RevenueUS$501.49m
Gross ProfitUS$510.16m
Other ExpensesUS$268.48m
EarningsUS$241.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 28, 2025

Earnings per share (EPS)1.21
Gross Margin50.43%
Net Profit Margin23.89%
Debt/Equity Ratio65.2%

How did KT31 perform over the long term?

See historical performance and comparison

Dividends

13.4%

Current Dividend Yield

98%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:11
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Golden Ocean Group Limited is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Glenn LoddenABN AMRO Bank N.V.
Gregory LewisBTIG
Marius FurulyCarnegie Investment Bank AB