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MPC Container Ships OB:MPCC Stock Report

Last Price

NOK 20.07

Market Cap

NOK 8.7b

7D

-1.2%

1Y

43.4%

Updated

19 Dec, 2024

Data

Company Financials +

MPC Container Ships ASA

OB:MPCC Stock Report

Market Cap: NOK 8.7b

MPCC Stock Overview

Owns and operates a portfolio of container vessels. More details

MPCC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

Rewards

Trading at 76% below our estimate of its fair value

Risk Analysis

Earnings are forecast to decline by an average of 36.7% per year for the next 3 years

Dividend of 22.84% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

MPC Container Ships ASA Competitors

Odfjell

OB:ODF

NOK 8.2b

Frøy

OB:FROY

NOK 6.6b

Stolt-Nielsen

OB:SNI

NOK 14.7b

Klaveness Combination Carriers

OB:KCC

NOK 4.3b

Price History & Performance

Summary of share price highs, lows and changes for MPC Container Ships
Historical stock prices
Current Share PriceNOK 20.07
52 Week HighNOK 26.94
52 Week LowNOK 11.61
Beta1.33
1 Month Change-20.95%
3 Month Change-9.39%
1 Year Change43.36%
3 Year Change-13.12%
5 Year Change-3.97%
Change since IPO-58.19%

Recent News & Updates

Recent updates

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

Oct 29
Is It Time To Consider Buying MPC Container Ships ASA (OB:MPCC)?

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

Sep 27
Is There An Opportunity With MPC Container Ships ASA's (OB:MPCC) 32% Undervaluation?

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

Sep 05
Some May Be Optimistic About MPC Container Ships' (OB:MPCC) Earnings

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

Aug 28
Investors Aren't Buying MPC Container Ships ASA's (OB:MPCC) Earnings

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

Jul 12
What Does MPC Container Ships ASA's (OB:MPCC) Share Price Indicate?

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

Jun 17
Is MPC Container Ships (OB:MPCC) Using Too Much Debt?

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

May 14
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

Apr 25
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

Apr 11
Shareholders Would Not Be Objecting To MPC Container Ships ASA's (OB:MPCC) CEO Compensation And Here's Why

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

Dec 21
Is MPC Container Ships ASA (OB:MPCC) Trading At A 47% Discount?

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

Oct 26
Is MPC Container Ships (OB:MPCC) A Risky Investment?

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

Sep 25
When Should You Buy MPC Container Ships ASA (OB:MPCC)?

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

Jul 13
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)

Jun 22
A Look At The Intrinsic Value Of MPC Container Ships ASA (OB:MPCC)

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

Apr 14
Here's Why MPC Container Ships (OB:MPCC) Has Caught The Eye Of Investors

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

Feb 28
Is MPC Container Ships (OB:MPCC) A Risky Investment?

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

Oct 12
We Think MPC Container Ships (OB:MPCC) Can Manage Its Debt With Ease

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

Jul 16
Is MPC Container Ships ASA (OB:MPCC) Potentially Undervalued?

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

Jun 24
Is MPC Container Ships (OB:MPCC) A Risky Investment?

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

Apr 11
Is There Now An Opportunity In MPC Container Ships ASA (OB:MPCC)?

Shareholder Returns

MPCCNO ShippingNO Market
7D-1.2%-7.1%-2.4%
1Y43.4%-0.7%-0.3%

Return vs Industry: MPCC exceeded the Norwegian Shipping industry which returned -0.7% over the past year.

Return vs Market: MPCC exceeded the Norwegian Market which returned -0.3% over the past year.

Price Volatility

Is MPCC's price volatile compared to industry and market?
MPCC volatility
MPCC Average Weekly Movement6.7%
Shipping Industry Average Movement5.0%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.2%
10% least volatile stocks in NO Market2.7%

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

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

About the Company

FoundedEmployeesCEOWebsite
201733Constantin Baackwww.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 capNOK 8.73b
Earnings (TTM)NOK 2.73b
Revenue (TTM)NOK 6.41b

3.3x

P/E Ratio

1.4x

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)
RevenueUS$563.74m
Cost of RevenueUS$192.72m
Gross ProfitUS$371.02m
Other ExpensesUS$130.37m
EarningsUS$240.65m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 25, 2025

Earnings per share (EPS)0.54
Gross Margin65.81%
Net Profit Margin42.69%
Debt/Equity Ratio25.3%

How did MPCC perform over the long term?

See historical performance and comparison

Dividends

22.6%

Current Dividend Yield

84%

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 DateDec 12 2024
Dividend Pay DateDec 19 2024
Days until Ex dividend8 days
Days until Dividend pay date1 day

Does MPCC pay a reliable dividends?

See MPCC dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 18:19
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

MPC Container Ships ASA is covered by 7 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
Jørgen LianDNB Markets