MPC Container Ships (OB:MPCC) - Stock Price, News & Analysis

MPCC Stock Overview

Owns and operates a portfolio of container vessels.

MPCC fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	2/6

Rewards

Trading at 36.7% below our estimate of its fair value

Risk Analysis

Dividend of 18.85% is not well covered by earnings or free cash flows

Earnings are forecast to decline by an average of 42.6% per year for the next 3 years

Profit margins (39.8%) are lower than last year (64.5%)

MPC Container Ships ASA Competitors

Odfjell

OB:ODF

NOK 11.2b

Klaveness Combination Carriers

OB:KCC

NOK 5.3b

Wilh. Wilhelmsen Holding

OB:WWI

NOK 18.6b

Frøy

OB:FROY

NOK 6.6b

Price History & Performance

Summary of all time highs, changes and price drops for MPC Container Ships
Historical stock prices
Current Share Price	NOK 22.62
52 Week High	NOK 24.50
52 Week Low	NOK 11.61
Beta	1.27
11 Month Change	2.26%
3 Month Change	7.31%
1 Year Change	17.14%
33 Year Change	2.82%
5 Year Change	-4.96%
Change since IPO	-52.88%

Recent updates

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

Sep 05

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

Aug 28

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

Jul 12

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

Jun 17

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

May 14

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

Apr 25

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

Apr 11

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

Dec 21

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

Oct 26

When Should You Buy MPC Container Ships ASA (OB:MPCC)?

Sep 25

Is Now The Time To Put MPC Container Ships (OB:MPCC) On Your Watchlist?

Jul 13

A Look At The Intrinsic Value Of MPC Container Ships ASA (OB:MPCC)

Jun 22

Here's Why MPC Container Ships (OB:MPCC) Has Caught The Eye Of Investors

Apr 14

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

Feb 28

We Think MPC Container Ships (OB:MPCC) Can Manage Its Debt With Ease

Oct 12

Is MPC Container Ships ASA (OB:MPCC) Potentially Undervalued?

Jul 16

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

Jun 24

Is There Now An Opportunity In MPC Container Ships ASA (OB:MPCC)?

Apr 11

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

Jan 13

Robust Earnings May Not Tell The Whole Story For MPC Container Ships (OB:MPCC)

Nov 24

Brokers Are Upgrading Their Views On MPC Container Ships ASA (OB:MPCC) With These New Forecasts

Aug 21

Here's Why MPC Container Ships (OB:MPCC) Can Afford Some Debt

Aug 12

MPC Container Ships ASA Just Missed Earnings - But Analysts Have Updated Their Models

May 22

Shareholder Returns

	MPCC	NO Shipping	NO Market
7D	5.0%	5.3%	1.3%
1Y	17.1%	35.2%	-1.4%

Return vs Industry: MPCC underperformed the Norwegian Shipping industry which returned 35.2% over the past year.

Return vs Market: MPCC exceeded the Norwegian Market which returned -1.4% over the past year.

Price Volatility

Is MPCC's price volatile compared to industry and market?
MPCC volatility
MPCC Average Weekly Movement	7.0%
Shipping Industry Average Movement	4.7%
Market Average Movement	5.0%
10% most volatile stocks in NO Market	11.1%
10% least volatile stocks in NO Market	2.8%

Stable Share Price: MPCC has not had significant price volatility in the past 3 months.

Volatility Over Time: MPCC'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?
MPCC fundamental statistics
Market cap	NOK 10.04b
Earnings (TTM)	NOK 2.61b
Revenue (TTM)	NOK 6.56b

3.8x

P/E Ratio

1.5x

P/S Ratio

Is MPCC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MPCC income statement (TTM)
Revenue	US$615.23m
Cost of Revenue	US$195.27m
Gross Profit	US$419.96m
Other Expenses	US$174.83m
Earnings	US$245.13m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 26, 2024

Earnings per share (EPS)	0.55
Gross Margin	68.26%
Net Profit Margin	39.84%
Debt/Equity Ratio	21.4%

How did MPCC perform over the long term?

See historical performance and comparison

Dividends

18.8%

Current Dividend Yield

91%

Payout Ratio

Does MPCC pay a reliable dividends?

See MPCC dividend history and benchmarks

When do you need to buy MPCC by to receive an upcoming dividend?
MPC Container Ships dividend dates
Ex Dividend Date	Sep 17 2024
Dividend Pay Date	Sep 24 2024
Days until Ex dividend	1 day
Days until Dividend pay date	8 days

Does MPCC pay a reliable dividends?

See MPCC dividend history and benchmarks

MPCC Stock Overview

Rewards

Risk Analysis

MPC Container Ships ASA Competitors

OB:ODF

NOK 11.2b

OB:KCC

NOK 5.3b

OB:WWI

NOK 18.6b

OB:FROY

NOK 6.6b

Price History & Performance

Recent News & Updates

Upcoming dividend of US$0.10 per share

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

Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.23 in 2Q 2023)

MPC Container Ships ASA Revises Earnings Guidance for the Year 2024

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

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

Recent updates

Upcoming dividend of US$0.10 per share

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

Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.23 in 2Q 2023)

MPC Container Ships ASA Revises Earnings Guidance for the Year 2024

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

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

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

Upcoming dividend of US$0.13 per share

First quarter dividend of US$0.13 announced

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

MPC Container Ships ASA Declares Cash Dividend for the First Quarter of 2024, Payable on or About June 27, 2024

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

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

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

New minor risk - Earnings quality

Upcoming dividend of US$0.13 per share

Consensus EPS estimates fall by 17%

Dividend of US$0.13 announced

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

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

Upcoming dividend of US$0.14 per share at 44% yield

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

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

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

When Should You Buy MPC Container Ships ASA (OB:MPCC)?

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: EPS and revenues exceed analyst expectations

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

Director recently sold kr1.2m worth of stock

Is Now The Time To Put MPC Container Ships (OB:MPCC) On Your Watchlist?

A Look At The Intrinsic Value Of MPC Container Ships ASA (OB:MPCC)

MPC Container Ships ASA Revises Earnings Guidance for the Fiscal 2023

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

Consensus EPS estimates increase by 11%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

Here's Why MPC Container Ships (OB:MPCC) Has Caught The Eye Of Investors

Now 20% undervalued after recent price drop

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

Full year 2022 earnings: EPS exceeds analyst expectations

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

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: EPS exceeds analyst expectations

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

Less than half of directors are independent

We Think MPC Container Ships (OB:MPCC) Can Manage Its Debt With Ease

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

Is MPC Container Ships ASA (OB:MPCC) Potentially Undervalued?