2020 Bulkers (OSTO:2020) EV-to-OCF: 0.33 (As of Sep. 22, 2026) — 97% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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OSTO:2020 2020 Bulkers Ltd OSTO:2020
60 GF Score
Price kr7.92
GF Value kr80.69
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is 2020 Bulkers EV-to-OCF?

2020 Bulkers OSTO:2020 -27.47% 60 EV-to-OCF is 0.33 as of Sep. 22, 2026, which is 97% below its 10-year median of 11.09. GuruFocus rates OSTO:2020 with a GF Score™ of 60/100 and a GF Value™ of kr80.69 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,019 Transportation companies, 2020 Bulkers ranks better than 83.61% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, 2020 Bulkers's Enterprise Value is kr102.3 Mil. 2020 Bulkers's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was kr313.8 Mil. Therefore, 2020 Bulkers's EV-to-OCF for today is 0.33.

The historical rank and industry rank for 2020 Bulkers's EV-to-OCF or its related term are showing as below:

OSTO:2020' s EV-to-OCF Range Over the Past 10 Years
Min: -1981.61   Med: 11.09   Max: 63.59
Current: 0.11

During the past 9 years, the highest EV-to-OCF of 2020 Bulkers was 63.59. The lowest was -1981.61. And the median was 11.09.

OSTO:2020's EV-to-OCF is ranked better than
83.61% of 1019 companies
in the Transportation industry
Industry Median: 7.87 vs OSTO:2020: 0.11

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-22), 2020 Bulkers's stock price is kr7.92. 2020 Bulkers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr87.704. Therefore, 2020 Bulkers's PE Ratio (TTM) for today is 0.09.


2020 Bulkers  (OSTO:2020) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

2020 Bulkers's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.92/87.704
=0.09

2020 Bulkers's share price for today is kr7.92.
2020 Bulkers's 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 kr87.704.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


2020 Bulkers EV-to-OCF Related Terms


2020 Bulkers EV-to-OCF Historical Data

* Premium members only.

The historical data trend for 2020 Bulkers's EV-to-OCF 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 EV-to-OCF Chart

2020 Bulkers Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only 5.81 9.71 10.60 8.24 12.08

2020 Bulkers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 12.12 15.47 12.08 1.86 0.06

2020 Bulkers EV-to-OCF Competitor Comparison

For the Marine Shipping subindustry, 2020 Bulkers's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Transportation Industry

For the Transportation industry and Industrials sector, 2020 Bulkers's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where 2020 Bulkers's EV-to-OCF falls into.


OSTO:2020
60GF Score
2020 Bulkers Ltd OSTO:2020
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

2020 Bulkers EV-to-OCF Calculation

2020 Bulkers's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=102.318/313.775
=0.33

2020 Bulkers's current Enterprise Value is kr102.3 Mil.
2020 Bulkers's Cash Flow from Operations 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 kr313.8 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 0.33 mean?
2020 Bulkers (OSTO:2020) has a EV-to-OCF of 0.33 as of Sep. 22, 2026. This is 97% below median its historical median of 11.09. According to the industry distribution chart, 2020 Bulkers ranks #167 out of 1019 companies in the Transportation industry, placing it in the top 16.4%.
Is 2020 Bulkers' EV-to-OCF too high?
2020 Bulkers' current EV-to-OCF of 0.33 is 97% below median its 10-year median of 11.09. The Transportation industry median EV-to-OCF is 7.87. 2020 Bulkers' value of 0.33 is 95.8% below this industry median. Based on the distribution chart, 2020 Bulkers ranks #167 out of 1019 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, 2020 Bulkers has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 2020 Bulkers' EV-to-OCF compare to competitors?
According to the Transportation industry distribution chart, 2020 Bulkers ranks #167 out of 1019 companies for EV-to-OCF. This places 2020 Bulkers in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 7.87. 2020 Bulkers' value of 0.33 is 95.8% below this benchmark. While the company's 10-year median is 11.09 vs. the industry median of 7.87, 2020 Bulkers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Transportation company?
The median EV-to-OCF among Transportation companies is 7.87, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 2020 Bulkers's current EV-to-OCF of 0.33 is 95.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median EV-to-OCF is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 2020 Bulkers's current EV-to-OCF is 0.33, which is 97% below median its own 10-year median of 11.09. 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 (OSTO:2020) is currently considered Significantly Undervalued. The stock's GF Value™ is kr80.69, compared to a current price of kr7.92 — trading 90.2% below its estimated fair value. The current EV-to-OCF is 0.33, which is 97% below median its 10-year median of 11.09 and 95.8% below the Transportation industry median of 7.87. 2020 Bulkers' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For 2020 Bulkers (OSTO:2020), the current EV-to-OCF is 0.33 as of Sep. 22, 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 (OSTO:2020) Overvalued in 2026?

Based on GuruFocus' analysis, 2020 Bulkers stock appears to be undervalued. The current stock price of kr7.92 is trading 90.2% below its estimated GF Value™ of kr80.69. GuruFocus considers 2020 Bulkers to be Significantly Undervalued.

Key valuation signals for OSTO:2020:

  • EV-to-OCF: 0.33 (97% below median its 10-year median of 11.09)
  • GF Value™: kr80.69 vs. price of kr7.92 (90.2% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 95.8% below the Transportation median (#167 of 1019)

No single metric tells the full story. See the OSTO:2020 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.
60GF Score

Get the complete analysis for OSTO:2020

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr7.92
Price
kr80.69
GF Value