GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Golden Ocean Group Ltd (NAS:GOGL) » Definitions » EV-to-EBITDA

Golden Ocean Group (Golden Ocean Group) EV-to-EBITDA : 12.04 (As of Apr. 30, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Golden Ocean Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Golden Ocean Group's enterprise value is $4,166.9 Mil. Golden Ocean Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $346.2 Mil. Therefore, Golden Ocean Group's EV-to-EBITDA for today is 12.04.

The historical rank and industry rank for Golden Ocean Group's EV-to-EBITDA or its related term are showing as below:

GOGL' s EV-to-EBITDA Range Over the Past 10 Years
Min: -93.37   Med: 9.63   Max: 467.57
Current: 12.3

During the past 13 years, the highest EV-to-EBITDA of Golden Ocean Group was 467.57. The lowest was -93.37. And the median was 9.63.

GOGL's EV-to-EBITDA is ranked worse than
65.88% of 885 companies
in the Transportation industry
Industry Median: 8.96 vs GOGL: 12.30

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-30), Golden Ocean Group's stock price is $13.87. Golden Ocean Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.560. Therefore, Golden Ocean Group's PE Ratio for today is 24.77.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Golden Ocean Group EV-to-EBITDA Historical Data

The historical data trend for Golden Ocean Group's EV-to-EBITDA 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.

* Premium members only.

Golden Ocean Group EV-to-EBITDA Chart

Golden Ocean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.38 81.93 4.33 4.44 9.29

Golden Ocean Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 4.44 6.24 7.43 9.02 9.29

Competitive Comparison of Golden Ocean Group's EV-to-EBITDA

For the Marine Shipping subindustry, Golden Ocean Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Golden Ocean Group's EV-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's EV-to-EBITDA falls into.



Golden Ocean Group EV-to-EBITDA Calculation

Golden Ocean Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4166.909/346.183
=12.04

Golden Ocean Group's current Enterprise Value is $4,166.9 Mil.
Golden Ocean Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $346.2 Mil.

* 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.


Golden Ocean Group  (NAS:GOGL) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Golden Ocean Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.87/0.560
=24.77

Golden Ocean Group's share price for today is $13.87.
Golden Ocean Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.560.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Golden Ocean Group EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Golden Ocean Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Ocean Group (Golden Ocean Group) Business Description

Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.

Golden Ocean Group (Golden Ocean Group) Headlines

From GuruFocus

GOGL - Transition of Chief Executive Officer

By sperokesalga sperokesalga 06-01-2023

GOGL - Filing of 2022 Annual Report on Form 20-F

By sperokesalga sperokesalga 03-17-2023

Transactions made under the buy-back program

By Marketwired 06-27-2023

GOGL � Notice of 2023 Annual General Meeting

By sperokesalga sperokesalga 04-12-2023

GOGL -- Changes to the Board composition

By Marketwired 01-18-2024

GOGL � Acquisition of Six Newcastlemax Vessels

By sperokesalga sperokesalga 02-13-2023

GOGL -- Third Quarter 2023 Results

By Marketwired 11-21-2023