MPC Container Ships (LSE:0A27) - Stock Price, News & Analysis

0A27 Stock Overview

MPC Container Ships ASA owns and operates a portfolio of container vessels.

0A27 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (2.2x) is below the UK market (16.4x)

Risk Analysis

Earnings are forecast to decline by an average of 75.6% per year for the next 3 years

Dividend of 35.39% is not well covered by cash flows

Large one-off items impacting financial results

Profit margins (45.7%) are lower than last year (70.5%)

MPC Container Ships ASA Competitors

Irish Continental Group

LSE:ICGC

UK£715.3m

Clarkson

LSE:CKN

UK£1.2b

Ocean Wilsons Holdings

LSE:OCN

UK£482.7m

Globaltrans Investment

LSE:GLTR

US$1.0b

Price History & Performance

Summary of all time highs, changes and price drops for MPC Container Ships
Historical stock prices
Current Share Price	kr17.50
52 Week High	kr21.30
52 Week Low	kr11.62
Beta	1.39
1 Month Change	36.81%
3 Month Change	14.45%
1 Year Change	5.80%
3 Year Change	24.29%
5 Year Change	n/a
Change since IPO	-21.52%

Recent updates

Shareholder Returns

	0A27	GB Shipping	GB Market
7D	3.2%	-4.5%	1.0%
1Y	5.8%	-10.9%	3.0%

Return vs Industry: 0A27 exceeded the UK Shipping industry which returned -9% over the past year.

Return vs Market: 0A27 exceeded the UK Market which returned 3.5% over the past year.

Price Volatility

Is 0A27's price volatile compared to industry and market?
0A27 volatility
0A27 Average Weekly Movement	6.9%
Shipping Industry Average Movement	5.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.4%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0A27's share price has been volatile over the past 3 months.

Volatility Over Time: 0A27's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2017	33	Constantin Baack	www.mpc-container.com

MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 126,943 twenty-foot equivalent units.

MPC Container Ships ASA Fundamentals Summary

How do MPC Container Ships's earnings and revenue compare to its market cap?
0A27 fundamental statistics
Market cap	kr7.77b
Earnings (TTM)	kr3.53b
Revenue (TTM)	kr7.73b

2.2x

P/E Ratio

1.0x

P/S Ratio

Is 0A27 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0A27 income statement (TTM)
Revenue	US$711.28m
Cost of Revenue	US$193.29m
Gross Profit	US$518.00m
Other Expenses	US$193.03m
Earnings	US$324.96m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 28, 2024

Earnings per share (EPS)	0.73
Gross Margin	72.83%
Net Profit Margin	45.69%
Debt/Equity Ratio	16.8%

How did 0A27 perform over the long term?

See historical performance and comparison

Dividends

35.4%

Current Dividend Yield

78%

Payout Ratio

0A27 Stock Overview

Rewards

Risk Analysis

MPC Container Ships ASA Competitors

LSE:ICGC

UK£715.3m

LSE:CKN

UK£1.2b

LSE:OCN

UK£482.7m

LSE:GLTR

US$1.0b

Price History & Performance

Recent News & Updates

Investor sentiment improves as stock rises 23%

New minor risk - Earnings quality

Upcoming dividend of US$0.13 per share

Dividend of US$0.13 announced

New minor risk - Profit margin trend

MPC Container Ships ASA Declares Cash Dividend for the Fourth Quarter of 2023, Payable on or About March 26, 2024

Recent updates

Investor sentiment improves as stock rises 23%

New minor risk - Earnings quality

Upcoming dividend of US$0.13 per share

Dividend of US$0.13 announced

New minor risk - Profit margin trend

MPC Container Ships ASA Declares Cash Dividend for the Fourth Quarter of 2023, Payable on or About March 26, 2024

MPC Container Ships ASA to Report Q3, 2024 Results on Nov 26, 2024

Upcoming dividend of US$0.14 per share at 45% yield

Third quarter 2023 earnings released: EPS: US$0.15 (vs US$0.28 in 3Q 2022)

MPC Container Ships ASA Announces Cash Dividend for the Third Quarter of 2023, Payable on or About December 21, 2023

MPC Container Ships ASA(OB:MPCC) dropped from Oslo OBX Total Return Index

MPC Container Ships ASA Revises Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: US$0.23 (vs US$0.20 in 2Q 2022)

MPC Container Ships ASA Declares Dividend, Payable on or About September 28, 2023

Director recently sold kr1.2m worth of stock

MPC Container Ships ASA Revises Earnings Guidance for the Fiscal 2023

Upcoming dividend of US$0.15 per share at 28% yield

First quarter 2023 earnings released: EPS: US$0.27 (vs US$0.26 in 1Q 2022)

MPC Container Ships ASA Announces Distribution, Payable on or About June 29, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.15 per share at 32% yield

Full year 2022 earnings released: EPS: US$0.98 (vs US$0.46 in FY 2021)

Upcoming dividend of US$0.07 per share at 17% yield

MPC Container Ships ASA Announces Distribution Payable on February 28, 2023

MPC Container Ships ASA to Report Q4, 2023 Results on Feb 27, 2024

Upcoming dividend of US$0.19 per share

MPC Container Ships ASA Announces Resignation of Laura Carballo as Board Member

Third quarter 2022 earnings released: EPS: US$0.28 (vs US$0.11 in 3Q 2021)

MPC Container Ships ASA Announces Cash Distribution payable on December 23, 2022

Less than half of directors are independent

Chairman of the Board of Directors recently bought kr1.0m worth of stock

Upcoming dividend of US$0.19 per share

Second quarter 2022 earnings released: EPS: US$0.20 (vs US$0.03 in 2Q 2021)

MPC Container Ships ASA Announces Cash Distribution, Payable on or About 29 September 2022

MPC Container Ships ASA Provides Earnings Guidance for the Full Year 2022

Director recently bought kr2.5m worth of stock

Upcoming dividend of US$0.16 per share

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: US$0.26 (vs US$0.01 in 1Q 2021)

MPC Container Ships ASA Announces Cash Distribution, Payable on or About 29 June 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: US$0.46 (vs US$0.27 loss in FY 2020)

Upcoming dividend of US$0.11 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

MPC Container Ships ASA announces cash dividend, payable on or about 30 March 2022

MPC Container Ships ASA Announces Dividend, Payable on or About February 10, 2022

Third quarter 2021 earnings released: EPS US$0.11 (vs US$0.045 loss in 3Q 2020)

Forecast to breakeven in 2021

Second quarter 2021 earnings released: EPS US$0.03 (vs US$0.19 loss in 2Q 2020)

MPC Container Ships ASA (OB:MPCC) completed the acquisition of Songa Container AS.

First quarter 2021 earnings released: EPS US$0.01 (vs US$0.12 loss in 1Q 2020)

MPC Container Ships ASA Confirms Earnings Guidance for the Full Year 2021

MPC Container Ships ASA Revises Revenue Guidance for Fiscal Year 2021

Full year 2020 earnings released

Revenue beats expectations

Full year 2020 earnings released: US$0.27 loss per share (vs US$0.47 loss in FY 2019)

MPC Container Ships ASA to Report Q2, 2021 Results on Aug 20, 2021

Revenue beats expectations