OTCNO:TCCO

Stock Analysis Report

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Containership Company

Executive Summary

The Containership Company AS does not have significant operations. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Containership Company's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine TCCO's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TCCO's volatility change over the past year.


Market Performance


7 Day Return

0%

TCCO

-0.7%

NO Shipping

-0.6%

NO Market


1 Year Return

n/a

TCCO

-4.7%

NO Shipping

0.4%

NO Market

Return vs Industry: Insufficient data to determine how TCCO performed against the Norwegian Shipping industry.

Return vs Market: Insufficient data to determine how TCCO performed against the Norwegian Market.


Shareholder returns

TCCOIndustryMarket
7 Day0%-0.7%-0.6%
30 Day0%14.0%13.9%
90 Dayn/a22.1%7.8%
1 Yearn/a3.0%-4.7%4.1%0.4%
3 Yearn/a-23.4%-35.7%8.5%-3.7%
5 Yearn/a12.2%-0.3%58.0%26.8%

Long-Term Price Volatility Vs. Market

How volatile is Containership Company's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Containership Company undervalued compared to its fair value and its price relative to the market?

0.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TCCO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TCCO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TCCO is unprofitable, so we can't compare its PE Ratio to the NO Shipping industry average.

PE vs Market: TCCO 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 TCCO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TCCO is good value based on its PB Ratio (0.4x) compared to the NO Shipping industry average (0.8x).


Next Steps

Future Growth

How is Containership Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

67.1%

Forecasted Transportation industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Containership Company has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Containership Company performed over the past 5 years?

18.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TCCO is currently unprofitable.

Growing Profit Margin: TCCO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TCCO is unprofitable, but has reduced losses over the past 5 years at a rate of 18.9% per year.

Accelerating Growth: Unable to compare TCCO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TCCO is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-34.3%).


Return on Equity

High ROE: TCCO has a negative Return on Equity (-27.76%), as it is currently unprofitable.


Next Steps

Financial Health

How is Containership Company's financial position?


Financial Position Analysis

Short Term Liabilities: TCCO's short term assets (NOK807.5K) exceed its short term liabilities (NOK87.6K).

Long Term Liabilities: TCCO has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: TCCO is debt free.

Reducing Debt: TCCO has not had any debt for past 5 years.


Balance Sheet


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: Insufficient data to determine if TCCO has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if TCCO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Containership Company current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TCCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TCCO'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 TCCO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TCCO'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 TCCO's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

kr168k

CEO Compensation


CEO

Jakob Tolstrup-Moller

no data

Tenure

kr168,445

Compensation

Mr. Jakob Tolstrup-Moller co-founded The Containership Company ASA in 2009 and serves as its Managing Director. He has been Chairman at The Containership Company ASA since June 12, 2019. Mr. Tolstrup-Mølle...


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Containership Company AS's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Containership Company AS
  • Ticker: TCCO
  • Exchange: OTCNO
  • Founded: 2009
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: kr270.000k
  • Shares outstanding: 27.00m
  • Website: https://www.tc-company.no

Location

  • The Containership Company AS
  • Strandveien 35
  • Lysaker
  • Akershus
  • 1366
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TCCOOTCNO (Norway OTC)YesOrdinary SharesNONOKMar 2010

Biography

The Containership Company AS does not have significant operations. Previously, it was involved in the chartering of container vessels. The company was founded in 2009 and is based in Lysaker, Norway.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 19:25
End of Day Share Price2020/11/20 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.