MPC Container Ships ASA owns and operates a portfolio of container ships.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr22.00|
|52 Week High||kr2.54|
|52 Week Low||kr28.50|
|1 Month Change||-10.93%|
|3 Month Change||0.46%|
|1 Year Change||614.29%|
|3 Year Change||-53.39%|
|5 Year Change||n/a|
|Change since IPO||-54.17%|
Recent News & Updates
Brokers Are Upgrading Their Views On MPC Container Ships ASA (OB:MPCC) With These New Forecasts
Celebrations may be in order for MPC Container Ships ASA ( OB:MPCC ) shareholders, with the analysts delivering a...
Here's Why MPC Container Ships (OB:MPCC) Can Afford Some Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
MPC Container Ships ASA Just Missed Earnings - But Analysts Have Updated Their Models
MPC Container Ships ASA ( OB:MPCC ) missed earnings with its latest quarterly results, disappointing overly-optimistic...
|MPCC||NO Shipping||NO Market|
Return vs Industry: MPCC exceeded the Norwegian Shipping industry which returned 87.4% over the past year.
Return vs Market: MPCC exceeded the Norwegian Market which returned 20.4% over the past year.
Stable Share Price: MPCC is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: MPCC's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
MPC Container Ships ASA owns and operates a portfolio of container ships. It focuses on the feeder vessels between 1,000 and 3,000 TEU. The company charters out its vessels to liner shipping companies and regional carriers.
MPC Container Ships Fundamentals Summary
|MPCC fundamental statistics|
Is MPCC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MPCC income statement (TTM)|
|Cost of Revenue||US$143.81m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 18, 2021
|Earnings per share (EPS)||-0.054|
|Net Profit Margin||-9.83%|
How did MPCC perform over the long term?See historical performance and comparison
Is MPC Container Ships undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MPCC (NOK22) is trading below our estimate of fair value (NOK85.84)
Significantly Below Fair Value: MPCC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MPCC is unprofitable, so we can't compare its PE Ratio to the Norwegian Shipping industry average.
PE vs Market: MPCC is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MPCC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MPCC is overvalued based on its PB Ratio (2.8x) compared to the NO Shipping industry average (1.3x).
How is MPC Container Ships forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MPCC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).
Earnings vs Market: MPCC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MPCC's is expected to become profitable in the next 3 years.
Revenue vs Market: MPCC's revenue (34.4% per year) is forecast to grow faster than the Norwegian market (5.8% per year).
High Growth Revenue: MPCC's revenue (34.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MPCC's Return on Equity is forecast to be very high in 3 years time (52.7%).
How has MPC Container Ships performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MPCC is currently unprofitable.
Growing Profit Margin: MPCC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MPCC is unprofitable, and losses have increased over the past 5 years at a rate of 66.2% per year.
Accelerating Growth: Unable to compare MPCC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MPCC is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (144.4%).
Return on Equity
High ROE: MPCC has a negative Return on Equity (-5.18%), as it is currently unprofitable.
How is MPC Container Ships's financial position?
Financial Position Analysis
Short Term Liabilities: MPCC's short term assets ($68.1M) do not cover its short term liabilities ($79.7M).
Long Term Liabilities: MPCC's short term assets ($68.1M) do not cover its long term liabilities ($200.4M).
Debt to Equity History and Analysis
Debt Level: MPCC's debt to equity ratio (64.1%) is considered high.
Reducing Debt: Insufficient data to determine if MPCC's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MPCC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MPCC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 87.7% per year.
What is MPC Container Ships's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MPCC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MPCC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MPCC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MPCC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MPCC's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Constantin Baack has been Member of Management Board at MPC Münchmeyer Petersen Capital AG of MPC Münchmeyer Petersen & Co. GmbH since April 1, 2015. Mr. Baack serves as Member of Management Board at M...
CEO Compensation Analysis
Compensation vs Market: Constantin's total compensation ($USD415.00K) is below average for companies of similar size in the Norwegian market ($USD650.55K).
Compensation vs Earnings: Constantin's compensation has been consistent with company performance over the past year.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.6%.
MPC Container Ships ASA's employee growth, exchange listings and data sources
- Name: MPC Container Ships ASA
- Ticker: MPCC
- Exchange: OB
- Founded: 2017
- Industry: Marine
- Sector: Transportation
- Market Cap: kr11.203b
- Shares outstanding: 443.70m
- Website: https://www.mpc-container.com
Number of Employees
- MPC Container Ships ASA
- Munkedamsveien 45
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 16:21|
|End of Day Share Price||2021/09/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.