OTCPK:MPZZ.F

Stock Analysis Report

Executive Summary

MPC Container Ships ASA owns and operates container ships.

Snowflake

Fundamentals

Moderate growth potential and slightly overvalued.

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


Market Performance


7 Day Return

0%

MPZZ.F

0.3%

US Shipping

0.4%

US Market


1 Year Return

-47.3%

MPZZ.F

0.3%

US Shipping

6.9%

US Market


Shareholder returns

MPZZ.FIndustryMarket
7 Day0%0.3%0.4%
30 Day0%1.9%-1.1%
90 Day0%3.5%-0.5%
1 Year-47.3%-47.3%2.0%0.3%9.3%6.9%
3 Yearn/a21.4%13.1%45.8%36.4%
5 Yearn/a-59.4%-62.5%62.9%45.1%

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

No news available

Valuation

Is MPC Container Ships undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: MPZZ.F ($3.59) is trading below our estimate of fair value ($12.33)

Significantly Undervalued: MPZZ.F is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MPZZ.F is unprofitable, so we can't compare its PE Ratio to the Shipping industry average.

PE vs Market: MPZZ.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate MPZZ.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MPZZ.F is overvalued based on its PB Ratio (0.6x) compared to the US Shipping industry average (0.6x).


Next Steps

Future Growth

How is MPC Container Ships forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

64.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MPZZ.F is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MPZZ.F is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MPZZ.F is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MPZZ.F's revenue (1.1% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: MPZZ.F's revenue (1.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Information is not available.


Next Steps

Past Performance

How has MPC Container Ships performed over the past 5 years?

-435.5%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if MPZZ.F's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

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

Earnings vs Industry: MPZZ.F is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-62.3%).


Return on Equity

High ROE: MPZZ.F has a negative Return on Equity (-2.2%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: MPZZ.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: MPZZ.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is MPC Container Ships's financial position?


Financial Position Analysis

Short Term Liabilities: MPZZ.F's short term assets ($78.8M) exceeds its short term liabilities ($19.1M)

Long Term Liabilities: MPZZ.F's short term assets (78.8M) do not cover its long term liabilities (239.3M)


Debt to Equity History and Analysis

Debt Level: MPZZ.F's debt to equity ratio (54.2%) is considered high

Reducing Debt: Insufficient data to determine if MPZZ.F's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Information is not available.

Information is not available.


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: MPZZ.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: MPZZ.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 39.9% each year.


Next Steps

Dividend

What is MPC Container Ships's current dividend yield, its reliability and sustainability?

4.81%

Forecast Dividend Yield


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.2%forecastin3Years4.8%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate MPZZ.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if MPZZ.F's dividends per share have been stable in the past.

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


Next Steps

Management

What is the CEO of MPC Container Ships's salary, the management and board of directors tenure and is there insider trading?

US$489k

CEO Compensation


CEO

Constantin Baack 0

0yrs

Tenure

US$489,000

Compensation

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. He serves as Member of Management Board for Shippin ...


CEO Compensation Analysis

Information is not available.

Compensation vs Earnings: Insufficient data to compare Constantin's compensation with company performance.


Insider Trading

Insider Buying: MPZZ.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$21,45813 Jun 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,984
Max PriceUS$3.07
BuyUS$1,04115 Mar 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares300
Max PriceUS$3.47
BuyUS$23,07414 Mar 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,683
Max PriceUS$3.45
BuyUS$52,33814 Mar 19
Ulf Holländer
EntityIndividual
Role
Chairman of the Board
Chairman of the Board of Directors
Shares14,984
Max PriceUS$3.49
BuyUS$15,06413 Mar 19
Ulf Holländer
EntityIndividual
Role
Chairman of the Board
Chairman of the Board of Directors
Shares4,334
Max PriceUS$3.48
BuyUS$48,74711 Mar 19
Ulf Holländer
EntityIndividual
Role
Chairman of the Board
Chairman of the Board of Directors
Shares14,085
Max PriceUS$3.46
BuyUS$23,78411 Mar 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,992
Max PriceUS$3.40
BuyUS$59506 Mar 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares173
Max PriceUS$3.44
BuyUS$1,38105 Mar 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares401
Max PriceUS$3.44
BuyUS$35,36104 Mar 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,169
Max PriceUS$3.48
BuyUS$207,90821 Feb 19
Darren Maupin
EntityIndividual
Role
Member of the Board of Directors
Director
Shares58,646
Max PriceUS$3.55
BuyUS$143,73228 Jan 19
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares40,000
Max PriceUS$3.59
BuyUS$8,67121 Dec 18
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,314
Max PriceUS$3.75
BuyUS$103,87520 Dec 18
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares27,686
Max PriceUS$3.75
BuyUS$10,44219 Dec 18
Tobias Junge
EntityIndividual
Shares2,750
Max PriceUS$3.80
BuyUS$64,78619 Dec 18
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares16,353
Max PriceUS$3.96
BuyUS$103,55118 Dec 18
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares25,647
Max PriceUS$4.04
BuyUS$79,81707 Dec 18
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares17,955
Max PriceUS$4.45
BuyUS$88,51106 Dec 18
Axel Schroeder
EntityIndividual
Role
Member of the Board of Directors
Director
Shares20,045
Max PriceUS$4.42
BuyUS$13,70203 Dec 18
Philipp Niesing
EntityIndividual
Shares3,000
Max PriceUS$4.57

Ownership Breakdown


Management Team

  • Constantin Baack

    MD & CEO

    • Tenure: 0yrs
    • Compensation: US$489.00k
  • Harald Wilke

    Chief Financial Officer

    • Tenure: 0.8yrs
    • Compensation: US$357.00k

Board Members

  • Axel Schroeder (75yo)

    Director

    • Tenure: 0yrs
  • Ulf Holländer (60yo)

    Chairman of the Board of Directors

    • Tenure: 0yrs
  • Laura Carballo

    Director

    • Tenure: 1.4yrs
  • Darren Maupin (42yo)

    Director

    • Tenure: 0yrs
  • Ellen Hanetho (54yo)

    Director

    • Tenure: 1.4yrs

Company Information

MPC Container Ships ASA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MPC Container Ships ASA
  • Ticker: MPZZ.F
  • Exchange: OTCPK
  • Founded: 2017
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: kr2.193b
  • Listing Market Cap: kr251.752m
  • Shares outstanding: 84.02m
  • Website: https://www.mpc-container.com

Number of Employees


Location

  • MPC Container Ships ASA
  • Dronning Mauds gate 3
  • Oslo
  • Oslo
  • 250
  • Norway

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MPCCOB (Oslo Bors)YesOrdinary SharesNONOKApr 2017
MPZZ.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 2017
MP2DB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2017

Biography

MPC Container Ships ASA owns and operates container ships. It focuses on the feeder vessels between 1,000 and 3,000 TEU. The company was founded in 2017 and is based in Oslo, Norway. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/16 00:55
End of Day Share Price2019/03/18 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.