MPC Container Ships ASA owns and operates a portfolio of container ships. More Details
Reasonable growth potential and fair value.
Share Price & News
How has MPC Container Ships's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MPCC is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: MPCC's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
7 Day Return
1 Year Return
Return vs Industry: MPCC underperformed the Norwegian Shipping industry which returned -5.2% over the past year.
Return vs Market: MPCC underperformed the Norwegian Market which returned -0% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is MPC Container Ships's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDoes This Valuation Of MPC Container Ships ASA (OB:MPCC) Imply Investors Are Overpaying?
1 month ago | Simply Wall StHow Much Did MPC Container Ships'(OB:MPCC) Shareholders Earn From Share Price Movements Over The Last Three Years?
5 months ago | Simply Wall StHow Many MPC Container Ships ASA (OB:MPCC) Shares Did Insiders Buy, In The Last Year?
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 (NOK4.95) is trading below our estimate of fair value (NOK32.44)
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 NO 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 good value based on its PB Ratio (0.6x) compared to the NO Shipping industry average (0.8x).
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 (1.6%).
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 (9.6% per year) is forecast to grow faster than the Norwegian market (6.1% per year).
High Growth Revenue: MPCC's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MPCC's Return on Equity is forecast to be low in 3 years time (4.8%).
How has MPC Container Ships performed over the past 5 years?
Last years 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: Insufficient data to determine if MPCC's year-on-year earnings growth rate was positive over the past 5 years.
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 (-34.3%).
Return on Equity
High ROE: MPCC has a negative Return on Equity (-15.04%), as it is currently unprofitable.
How is MPC Container Ships's financial position?
Financial Position Analysis
Short Term Liabilities: MPCC's short term assets ($73.3M) exceed its short term liabilities ($29.6M).
Long Term Liabilities: MPCC's short term assets ($73.3M) do not cover its long term liabilities ($271.7M).
Debt to Equity History and Analysis
Debt Level: MPCC's debt to equity ratio (68.4%) 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: MPCC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MPCC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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 ($USD323.00K) is about average for companies of similar size in the Norwegian market ($USD453.93K).
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 substantially diluted in the past year, with total shares outstanding growing by 369.5%.
MPC Container Ships ASA's company bio, employee growth, exchange listings and data sources
- Name: MPC Container Ships ASA
- Ticker: MPCC
- Exchange: OB
- Founded: 2017
- Industry: Marine
- Sector: Transportation
- Market Cap: kr1.950b
- Shares outstanding: 393.91m
- Website: https://www.mpc-container.com
Number of Employees
- MPC Container Ships ASA
- Munkedamsveien 45
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MPCC||OB (Oslo Bors)||Yes||Ordinary Shares||NO||NOK||Apr 2017|
|MPZZ.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Apr 2017|
|MP2||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 2017|
|0A27||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||NOK||Apr 2017|
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 was incorporated in 2017 and is based in Oslo, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/28 17:21|
|End of Day Share Price||2020/11/27 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.