2020 Bulkers (FRA:0FF) Earnings per Share (Diluted): €7.82 (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:0FF 2020 Bulkers Ltd FRA:0FF
69 GF Score
Price €0.36
GF Value €11.42
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is 2020 Bulkers Earnings per Share (Diluted)?

2020 Bulkers FRA:0FF -15.67% 69 Earnings per Share (Diluted) is €7.82 as of Jun. 2026. GuruFocus rates FRA:0FF with a GF Score™ of 69/100 and a GF Value™ of €11.42 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 795 Transportation companies, 2020 Bulkers ranks worse than 56.6% on this metric.

2020 Bulkers's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was €1.12. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €7.82.

2020 Bulkers's EPS (Basic) for the three months ended in Jun. 2026 was €1.13. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was €7.83.

2020 Bulkers's EPS without NRI for the three months ended in Jun. 2026 was €0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was €1.11.

During the past 12 months, 2020 Bulkers's average EPS without NRIGrowth Rate was 15.80% per year. During the past 3 years, the average EPS without NRIGrowth Rate was -2.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 11.80% per year.

During the past 9 years, 2020 Bulkers's highest 3-Year average EPS without NRI Growth Rate was 39.90% per year. The lowest was -14.50% per year. And the median was -2.40% per year.


2020 Bulkers  (FRA:0FF) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


2020 Bulkers Earnings per Share (Diluted) Related Terms


2020 Bulkers Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for 2020 Bulkers's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2020 Bulkers Earnings per Share (Diluted) Chart

2020 Bulkers Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only 2.78 1.34 1.04 3.19 1.10

2020 Bulkers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.37 0.51 5.82 1.12

2020 Bulkers Earnings per Share (Diluted) Competitor Comparison

For the Marine Shipping subindustry, 2020 Bulkers's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


2020 Bulkers PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, 2020 Bulkers's PE Ratio distribution charts can be found below:

* The bar in red indicates where 2020 Bulkers's PE Ratio falls into.


FRA:0FF
69GF Score
2020 Bulkers Ltd FRA:0FF
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

2020 Bulkers Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

2020 Bulkers's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (A: Dec. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(25.193-0)/22.878
=1.10

2020 Bulkers's Earnings Per Share (Diluted) for the quarter that ended in Jun. 2026 is calculated as

Diluted Earnings Per Share (Q: Jun. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(25.866-0)/23.038
=1.12

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of €7.82 mean?
2020 Bulkers (FRA:0FF) has a Earnings per Share (Diluted) of €7.82 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on 2020 Bulkers and its competitors. According to the industry distribution chart, 2020 Bulkers ranks #450 out of 795 companies in the Transportation industry, placing it in the top 56.6%.
Is 2020 Bulkers' Earnings per Share (Diluted) too high?
2020 Bulkers' current Earnings per Share (Diluted) is €7.82. Based on the distribution chart, 2020 Bulkers ranks #450 out of 795 companies in the Transportation industry, which is below the industry midpoint. Overall, 2020 Bulkers has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 2020 Bulkers' Earnings per Share (Diluted) compare to competitors?
According to the Transportation industry distribution chart, 2020 Bulkers ranks #450 out of 795 companies for Earnings per Share (Diluted). This places 2020 Bulkers in the lower half of its industry. The industry median Earnings per Share (Diluted) is 3.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Transportation company?
The median Earnings per Share (Diluted) among Transportation companies is 3.70, based on 795 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on 2020 Bulkers and its competitors. For the Transportation industry, the median Earnings per Share (Diluted) is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2020 Bulkers's current Earnings per Share (Diluted) is €7.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2020 Bulkers stock overvalued right now?
Based on GuruFocus' analysis, 2020 Bulkers (FRA:0FF) is currently considered Significantly Undervalued. The stock's GF Value™ is €11.42, compared to a current price of €0.36 — trading 96.8% below its estimated fair value. The current Earnings per Share (Diluted) is €7.82. 2020 Bulkers' overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For 2020 Bulkers (FRA:0FF), the current Earnings per Share (Diluted) is €7.82 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is 2020 Bulkers (FRA:0FF) Overvalued in 2026?

Based on GuruFocus' analysis, 2020 Bulkers stock appears to be undervalued. The current stock price of €0.36 is trading 96.8% below its estimated GF Value™ of €11.42. GuruFocus considers 2020 Bulkers to be Significantly Undervalued.

Key valuation signals for FRA:0FF:

  • Earnings per Share (Diluted): €7.82
  • GF Value™: €11.42 vs. price of €0.36 (96.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the FRA:0FF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


2020 Bulkers Business Description

Address Tjuvholmen alle 3, 9th floor, Oslo, NOR, 0252
2020 Bulkers Ltd is an owner and operator of large dry bulk vessels. The company has eight Newcastlemax dry bulk vessels in operation.
69GF Score

Get the complete analysis for FRA:0FF

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.36
Price
€11.42
GF Value