Golden Ocean Group Limited

LSE:0RII Stock Report

Market Cap: NOK 24.8b

Golden Ocean Group Future Growth

Future criteria checks 2/6

Golden Ocean Group's revenue is forecast to decline at 6.5% per annum while its annual earnings are expected to grow at 16.2% per year. EPS is expected to grow by 15.2% per annum. Return on equity is forecast to be 16.5% in 3 years.

Key information

16.2%

Earnings growth rate

15.2%

EPS growth rate

Shipping earnings growth-20.1%
Revenue growth rate-6.5%
Future return on equity16.5%
Analyst coverage

Low

Last updated21 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:0RII - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20268263404334604
12/31/20257492843513975
12/31/20247912683584264
6/30/2024973214174337N/A
3/31/2024936186-60306N/A
12/31/2023886112-211266N/A
9/30/2023881123-196295N/A
6/30/2023942199-66346N/A
3/31/20231,045328257456N/A
12/31/20221,113462442503N/A
9/30/20221,239597517597N/A
6/30/20221,345688643699N/A
3/31/20221,307629340677N/A
12/31/20211,201527115560N/A
9/30/20219943495413N/A
6/30/2021792193-137270N/A
3/31/20216284734152N/A
12/31/2020611-138115141N/A
9/30/2020683-122106153N/A
6/30/2020716-12482141N/A
3/31/2020719-11669129N/A
12/31/201970537114158N/A
9/30/201964220111135N/A
6/30/201961218139153N/A
3/31/201963860176183N/A
12/31/20186598528187N/A
9/30/20186338821182N/A
6/30/201857153-45145N/A
3/31/201852832N/A118N/A
12/31/2017464-2N/A94N/A
9/30/2017399-23N/A56N/A
6/30/2017342-50N/A24N/A
3/31/2017297-77N/A3N/A
12/31/2016258-128N/A-23N/A
9/30/2016228-203N/A-47N/A
6/30/2016223-217N/A-40N/A
3/31/2016217-212N/A-30N/A
12/31/2015190-221N/A-15N/A
9/30/2015149-146N/A-6N/A
6/30/2015103-112N/A-2N/A
3/31/201574-72N/A4N/A
12/31/20147616N/A25N/A
12/31/2013384N/A12N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0RII's forecast earnings growth (16.2% per year) is above the savings rate (2.1%).

Earnings vs Market: 0RII's earnings (16.2% per year) are forecast to grow faster than the UK market (14.6% per year).

High Growth Earnings: 0RII's earnings are forecast to grow, but not significantly.

Revenue vs Market: 0RII's revenue is expected to decline over the next 3 years (-6.5% per year).

High Growth Revenue: 0RII's revenue is forecast to decline over the next 3 years (-6.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 0RII's Return on Equity is forecast to be low in 3 years time (16.5%).

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