Golden Ocean Group Ltd (GOGL)
Water Transportation
Latest Price
$26.13
TTM P/E
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Normalized P/E
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Div Yield
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Book Value
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P/B Ratio
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Valuation metrics
adjust assumptions →EPS: $1.12
Book value / share: $9.53
Formula: √(22.5 × EPS × BVPS)
Graham Number
$15.50
41% downside
Norm. op. income: $251M (median of 6yr)
Tax rate: 5%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$6.10
77% downside
Base FCF: $315M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$111.76
+328% upside
EPS: $1.12
Target P/E: 15×
Formula: EPS × P/E
P/E Fair Value
$16.80
36% downside