MPC Container Ships ASA

OB:MPCC Stock Report

Market Cap: NOK 11.0b

MPC Container Ships Balance Sheet Health

Financial Health criteria checks 6/6

MPC Container Ships has a total shareholder equity of $949.2M and total debt of $462.9M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are $1.5B and $556.4M respectively. MPC Container Ships's EBIT is $206.7M making its interest coverage ratio 8. It has cash and short-term investments of $346.3M.

Key information

48.77%

Debt to equity ratio

US$462.90m

Debt

Interest coverage ratio8x
CashUS$346.30m
EquityUS$949.19m
Total liabilitiesUS$556.40m
Total assetsUS$1.51b

Recent financial health updates

Recent updates

Narrative Update Jun 02

MPCC: Index Removal And Margin Outlook Will Shape Balanced Return Potential

Analysts have increased their price target for MPC Container Ships to NOK 22.66 from NOK 19.74, citing updated assumptions around lower expected P/E multiples, a higher projected profit margin, and revised views on revenue trends, as reflected in recent upgrades from Sell to Hold and more positive commentary on the stock. Analyst Commentary Bullish Takeaways Bullish analysts see support for the revised NOK 22.66 target in the context of at least one NOK 25 target.
Analysis Article May 30

MPC Container Ships ASA Just Beat Revenue Estimates By 13%

MPC Container Ships ASA ( OB:MPCC ) investors will be delighted, with the company turning in some strong numbers with...
New Narrative May 20

Long Term Charter Exposure And Newbuild Commitments Will Weaken Feeder Shipping Economics

Catalysts About MPC Container Ships MPC Container Ships owns and operates a fleet of feeder and midsize container vessels that are chartered out to liner operators on time charter contracts. What are the underlying business or industry changes driving this perspective?
Narrative Update May 12

MPCC: Index Exit And Rich Earnings Multiple Will Pressure Overvalued Shares

Analysts have raised their price target on MPC Container Ships to NOK 19.74 from NOK 16.86, citing updated fair value assumptions, a slightly lower discount rate, improved profit margin expectations, and a lower future P/E multiple reflected in recent research. Analyst Commentary Recent research reflects a more constructive stance on MPC Container Ships, with bullish analysts pointing to updated assumptions that they believe better align the price target with current fundamentals and risk pricing.
New Narrative May 04

Younger Efficient Fleet And Contracted Backlog Will Support Earnings Resilience For Years

Catalysts About MPC Container Ships MPC Container Ships owns and operates a fleet of feeder and midsize container vessels that serve intra regional and emerging market trades. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 18

MPCC: Index Removal Will Pressure Overvalued Shares Despite Stable Long Term Assumptions

Analysts have raised their price target for MPC Container Ships to NOK 30.66 from NOK 29.42, citing only minor adjustments to discount rate assumptions and a slightly higher future P/E multiple as the key drivers of the change. What's in the News MPC Container Ships ASA removed from the Oslo OBX Total Return Index, which may affect how index trackers and some institutional investors hold or trade the share (Key Developments).
Narrative Update Apr 04

MPCC: Index Removal And Weak Revenue Outlook Will Pressure Future Returns

Analysts have slightly raised their MPC Container Ships price target to NOK16.86 from NOK16.68, citing updated assumptions around discount rates, long term revenue trends, profit margins, and a modestly lower future P/E multiple. What's in the News MPC Container Ships ASA has been removed from the Oslo OBX Total Return Index.
Narrative Update Mar 05

MPCC: Future Newbuild Commitments Will Likely Outrun Diminishing Earnings Power

Analysts have lifted their price target on MPC Container Ships from NOK15.08 to NOK16.68. This reflects updated views on fair value, discount rate, revenue trends, profit margins and expected future P/E levels.
Narrative Update Feb 16

MPCC: Future Newbuild Orders Will Likely Outweigh Modest Margin Improvement

Narrative Update on MPC Container Ships The implied analyst price target for MPC Container Ships has edged higher to about NOK 15.08 from roughly NOK 15.06, with analysts pointing to slightly firmer profit margin assumptions and a modestly lower forward P/E multiple as key drivers of the revised view. What's in the News MPC Container Ships ASA announced six 3,700 TEU newbuild orders at Taizhou Sanfu Ship Engineering in China, with deliveries scheduled from the second half of 2028.
Narrative Update Jan 28

MPCC: Future Newbuild Commitments Will Likely Outweigh Improved Margin Outlook

Analysts have trimmed their price target for MPC Container Ships from €15.88 to €15.06, citing updated assumptions that reflect a combination of less steep revenue contraction, improved profit margins and a lower expected future P/E multiple. What's in the News MPC Container Ships announced contracts with Taizhou Sanfu Ship Engineering in China for six 3,700 TEU container vessels, scheduled for first delivery in the second half of 2028.
Analysis Article Sep 06

MPC Container Ships' (OB:MPCC) Earnings Are Built On Soft Foundations

Investors appear disappointed with MPC Container Ships ASA's ( OB:MPCC ) recent earnings, despite the decent statutory...
Narrative Update Aug 28

Shifting Trade Policies And Overcapacity Will Exacerbate Shipping Woes

The sharp rise in the future P/E ratio indicates deteriorating earnings expectations for MPC Container Ships, which aligns with a marginally decreased consensus analyst price target from NOK16.08 to NOK15.92. What's in the News MPC Container Ships declared a cash dividend of USD 0.05 per share for the second quarter of 2025, marking a decrease.
Analysis Article Jul 30

Calculating The Intrinsic Value Of MPC Container Ships ASA (OB:MPCC)

Key Insights The projected fair value for MPC Container Ships is kr23.78 based on 2 Stage Free Cash Flow to Equity With...
Analysis Article May 24

MPC Container Ships ASA Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next

MPC Container Ships ASA ( OB:MPCC ) just released its latest first-quarter results and things are looking bullish. MPC...
Analysis Article May 16

At kr17.09, Is MPC Container Ships ASA (OB:MPCC) Worth Looking At Closely?

MPC Container Ships ASA ( OB:MPCC ), is not the largest company out there, but it led the OB gainers with a relatively...
Analysis Article Mar 07

MPC Container Ships' (OB:MPCC) Anemic Earnings Might Be Worse Than You Think

The subdued market reaction suggests that MPC Container Ships ASA's ( OB:MPCC ) recent earnings didn't contain any...
Analysis Article Feb 28

MPC Container Ships ASA Beat Revenue Forecasts By 6.1%: Here's What Analysts Are Forecasting Next

Last week, you might have seen that MPC Container Ships ASA ( OB:MPCC ) released its yearly result to the market. The...
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New Narrative Feb 06

Fleet Renewal And Long-term Charters With Hapag-Lloyd Will Support Future Operations But Market Uncertainties Remain

Strategic fleet renewal and long-term charters with major firms boost revenue stability, operational efficiency, and profitability.
Analysis Article Jan 12

We Think MPC Container Ships (OB:MPCC) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Oct 29

Is It Time To Consider Buying MPC Container Ships ASA (OB:MPCC)?

While MPC Container Ships ASA ( OB:MPCC ) might not have the largest market cap around , it saw significant share price...
Analysis Article Sep 27

Is There An Opportunity With MPC Container Ships ASA's (OB:MPCC) 32% Undervaluation?

Key Insights Using the 2 Stage Free Cash Flow to Equity, MPC Container Ships fair value estimate is kr35.10 MPC...
Analysis Article Sep 05

Some May Be Optimistic About MPC Container Ships' (OB:MPCC) Earnings

The most recent earnings report from MPC Container Ships ASA ( OB:MPCC ) was disappointing for shareholders. Despite...
Analysis Article Aug 28

Investors Aren't Buying MPC Container Ships ASA's (OB:MPCC) Earnings

With a price-to-earnings (or "P/E") ratio of 3.7x MPC Container Ships ASA ( OB:MPCC ) may be sending very bullish...
Analysis Article Jul 12

What Does MPC Container Ships ASA's (OB:MPCC) Share Price Indicate?

MPC Container Ships ASA ( OB:MPCC ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Jun 17

Is MPC Container Ships (OB:MPCC) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 14

MPC Container Ships ASA (OB:MPCC) Shares Could Be 35% Below Their Intrinsic Value Estimate

Key Insights MPC Container Ships' estimated fair value is kr30.48 based on Dividend Discount Model Current share price...
Analysis Article Apr 25

Optimistic Investors Push MPC Container Ships ASA (OB:MPCC) Shares Up 30% But Growth Is Lacking

MPC Container Ships ASA ( OB:MPCC ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 11

Shareholders Would Not Be Objecting To MPC Container Ships ASA's (OB:MPCC) CEO Compensation And Here's Why

Key Insights MPC Container Ships to hold its Annual General Meeting on 17th of April Salary of US$237.9k is part of CEO...
Analysis Article Dec 21

Is MPC Container Ships ASA (OB:MPCC) Trading At A 47% Discount?

Key Insights MPC Container Ships' estimated fair value is kr26.28 based on 2 Stage Free Cash Flow to Equity MPC...
Analysis Article Oct 26

Is MPC Container Ships (OB:MPCC) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Financial Position Analysis

Short Term Liabilities: MPCC's short term assets ($424.7M) exceed its short term liabilities ($144.3M).

Long Term Liabilities: MPCC's short term assets ($424.7M) exceed its long term liabilities ($412.1M).


Debt to Equity History and Analysis

Debt Level: MPCC's net debt to equity ratio (12.3%) is considered satisfactory.

Reducing Debt: MPCC's debt to equity ratio has reduced from 73.2% to 48.8% over the past 5 years.

Debt Coverage: MPCC's debt is well covered by operating cash flow (64%).

Interest Coverage: MPCC's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 16:42
End of Day Share Price 2026/06/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MPC Container Ships ASA is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donald McLeeBerenberg
Marius FurulyCarnegie Investment Bank AB
Jostein AschjemDNB Carnegie