2020 Bulkers Ltd. (OSL:2020)

2020 Bulkers Statistics

Total Valuation

2020 Bulkers has a market cap or net worth of NOK 3.29 billion. The enterprise value is 4.25 billion.

Market Cap	3.29B
Enterprise Value	4.25B

Important Dates

The last earnings date was Wednesday, November 12, 2025.

Earnings Date	Nov 12, 2025
Ex-Dividend Date	Nov 20, 2025

Share Statistics

2020 Bulkers has 22.87 million shares outstanding. The number of shares has increased by 0.14% in one year.

Current Share Class	22.87M
Shares Outstanding	22.87M
Shares Change (YoY)	+0.14%
Shares Change (QoQ)	+0.03%
Owned by Insiders (%)	9.41%
Owned by Institutions (%)	21.10%
Float	20.72M

Valuation Ratios

The trailing PE ratio is 15.84 and the forward PE ratio is 16.74.

PE Ratio	15.84
Forward PE	16.74
PS Ratio	5.77
PB Ratio	2.23
P/TBV Ratio	2.23
P/FCF Ratio	n/a
P/OCF Ratio	11.90
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	20.44
EV / Sales	7.44
EV / EBITDA	11.61
EV / EBIT	15.69
EV / FCF	n/a

Financial Position

The company has a current ratio of 2.36, with a Debt / Equity ratio of 0.75.

Current Ratio	2.36
Quick Ratio	0.28
Debt / Equity	0.75
Debt / EBITDA	3.02
Debt / FCF	n/a
Interest Coverage	3.47

Financial Efficiency

Return on equity (ROE) is 13.66% and return on invested capital (ROIC) is 6.43%.

Return on Equity (ROE)	13.66%
Return on Assets (ROA)	6.31%
Return on Invested Capital (ROIC)	6.43%
Return on Capital Employed (ROCE)	13.25%
Revenue Per Employee	81.47M
Profits Per Employee	29.68M
Employee Count	7
Asset Turnover	0.21
Inventory Turnover	n/a

Taxes

In the past 12 months, 2020 Bulkers has paid 2.00 million in taxes.

Income Tax	2.00M
Effective Tax Rate	0.95%

Stock Price Statistics

The stock price has increased by +17.51% in the last 52 weeks. The beta is 0.69, so 2020 Bulkers's price volatility has been lower than the market average.

Beta (5Y)	0.69
52-Week Price Change	+17.51%
50-Day Moving Average	138.39
200-Day Moving Average	128.16
Relative Strength Index (RSI)	58.30
Average Volume (20 Days)	122,980

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, 2020 Bulkers had revenue of NOK 570.32 million and earned 207.75 million in profits. Earnings per share was 9.08.

Revenue	570.32M
Gross Profit	405.51M
Operating Income	270.68M
Pretax Income	210.75M
Net Income	207.75M
EBITDA	365.56M
EBIT	270.68M
Earnings Per Share (EPS)	9.08

Balance Sheet

The company has 151.82 million in cash and 1.10 billion in debt, giving a net cash position of -952.86 million or -41.66 per share.

Cash & Cash Equivalents	151.82M
Total Debt	1.10B
Net Cash	-952.86M
Net Cash Per Share	-41.66
Equity (Book Value)	1.48B
Book Value Per Share	64.55
Working Capital	794.05M

Cash Flow

Operating Cash Flow	276.67M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 71.10%, with operating and profit margins of 47.46% and 36.43%.

Gross Margin	71.10%
Operating Margin	47.46%
Pretax Margin	36.95%
Profit Margin	36.43%
EBITDA Margin	64.10%
EBIT Margin	47.46%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 16.35, which amounts to a dividend yield of 11.28%.

Dividend Per Share	16.35
Dividend Yield	11.28%
Dividend Growth (YoY)	-63.41%
Years of Dividend Growth	1
Payout Ratio	149.52%
Buyback Yield	-0.14%
Shareholder Yield	11.13%
Earnings Yield	6.31%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

2020 Bulkers has an Altman Z-Score of 2.96 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.96
Piotroski F-Score	5