0.93%
-15.60%
-16.70%
-18.40%
15.00%
-38.87%
0.27%
AI Spotlight on MPCC
Company Description
MPC Container Ships ASA owns and operates a portfolio of container vessels.The company focuses on feeder vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU).It operates a fleet of 75 ships with a total capacity of 158,000 TEU.
The company charters out its vessels to liner shipping companies and regional carriers.MPC Container Ships ASA was incorporated in 2017 and is based in Oslo, Norway.
Market Data
| Last Price | 18.4 |
| Change Percentage | 0.93% |
| Open | 18.3 |
| Previous Close | 18.23 |
| Market Cap ( Millions) | 8164 |
| Volume | 2726998 |
| Year High | 26.94 |
| Year Low | 11.61 |
| M A 50 | 20.7 |
| M A 200 | 21.39 |
Financial Ratios
| FCF Yield | 16.29% |
| Dividend Yield | 21.22% |
| ROE | 31.15% |
| Debt / Equity | 25.44% |
| Net Debt / EBIDTA | 20.57% |
| Price To Book | 0.91 |
| Price Earnings Ratio | 3.0 |
| Price To FCF | 6.14 |
| Price To sales | 1.28 |
| EV / EBITDA | 2.39 |
News
- Jan -06 - Shipping: State of Play & What Lies Ahead
- Dec -25 - Undiscovered Gems Promising Stocks To Explore In December 2024
- Dec -17 - Castor Maritime Inc. Announces the Completion of the Acquisition of a Majority Stake in MPC Münchmeyer Petersen Capital AG
- Dec -12 - Castor Maritime Inc. Announces the Acquisition of a Majority Stake in MPC Münchmeyer Petersen Capital AG
- Nov -27 - MPC Container Ships ASA (MPZZF) Q3 2024 Earnings Call Highlights: Strong Charter Backlog and ...
- Nov -14 - Undiscovered Gems Three Promising Stocks To Explore In November 2024
- Aug -28 - London Shipping Summit-Industry Leaders Presenting At 16th Annual Capital Link Shipping & Marine Services Forum
- Aug -28 - MPCC Q2 2024 Results: Backlog Increased to USD 1.1 Billion Creating Significant Earnings Visibility
- Jul -08 - Leading Shipowners Presented at the 4th Annual Capital Link Decarbonization in Shipping Forum
- Jun -20 - Unifeeder and MPC sign decarbonisation partnership
- May -28 - MPC Container Ships Reports Q1 2024 Results
- Feb -27 - MPC Container Ships Reports Q4 2023 Results
- Jan -10 - Register for Capital Link’s 2024 Virtual Corporate Presentation Series
- Dec -04 - Live Webinar on the Container Shipping Sector with Senior Executives from Publicly Listed Companies: Thursday, December 7, 2023, at 10 a.m. ET
- May -24 - Live Webinar: Wednesday, May 31, 2023, at 10 a.m. EST Danaos Corporation, Euroseas Ltd., Global Ship Lease and MPC Container Ships To Discuss the Container Sector Current Trends & Outlook
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Time Charter
Expected Growth : 4.83 %
What the company do ?
Time Charter from MPC Container Ships ASA refers to a contract where a shipowner leases a vessel to a charterer for a fixed period, typically 1-3 years, in exchange for a daily hire rate.
Why we expect these perspectives ?
The 4.83% growth in Time Charter from MPC Container Ships ASA is driven by increasing demand for container shipping, improved fleet utilization, and a rise in charter rates. Additionally, the company's strategic expansion into new markets, cost-saving initiatives, and a strong balance sheet have contributed to this growth.
Segment n°2 -> Other
Expected Growth : 4.83 %
What the company do ?
MPC Container Ships ASA's 'Other' segment includes income from management services, chartering, and other miscellaneous income streams.
Why we expect these perspectives ?
MPC Container Ships ASA's 4.83% growth is driven by increasing demand for container shipping, fueled by global trade growth, e-commerce expansion, and supply chain resilience. Additionally, the company's strategic fleet expansion, cost-saving initiatives, and improving operational efficiency contribute to its growth momentum.
Segment n°3 -> Amortisation of Time Charter Contracts
Expected Growth : 4.83 %
What the company do ?
MPC Container Ships ASA's amortisation of time charter contracts represents the gradual write-off of upfront payments made to charter vessels, spreading the cost over the contract duration.
Why we expect these perspectives ?
The 4.83% growth in Amortisation of Time Charter Contracts from MPC Container Ships ASA is driven by increasing container shipping demand, fleet expansion, and higher charter rates. Additionally, the company's strategic focus on acquiring and operating a modern fleet of container vessels has contributed to the growth. Furthermore, the rise in global trade and e-commerce has led to increased demand for container shipping services, supporting the growth in amortisation of time charter contracts.
Mpc Container Ships Asa Products
| Product Range | What is it ? |
|---|---|
| Container Shipping | MPC Container Ships ASA provides container shipping services, offering a range of container vessels for charter to shipping lines, freight forwarders, and cargo owners. |
| Vessel Management | The company offers vessel management services, including technical management, crew management, and commercial management. |
| Chartering | MPC Container Ships ASA provides chartering services, connecting cargo owners with available vessel capacity. |
| Vessel Acquisition and Sales | The company buys and sells container vessels, providing a range of options for customers looking to expand or divest their fleets. |
| Ship Management | MPC Container Ships ASA offers ship management services, including technical management, crew management, and operational management. |
MPC Container Ships ASA's Porter Forces
Threat Of Substitutes
The threat of substitutes is moderate for MPC Container Ships ASA, as there are alternative modes of transportation available, but they are not as efficient or cost-effective as container shipping.
Bargaining Power Of Customers
The bargaining power of customers is low for MPC Container Ships ASA, as the company operates in a niche market with limited alternatives, giving customers limited bargaining power.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate for MPC Container Ships ASA, as the company relies on a few large suppliers for its container vessels, giving them some bargaining power.
Threat Of New Entrants
The threat of new entrants is low for MPC Container Ships ASA, as the barriers to entry are high, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high for MPC Container Ships ASA, as the container shipping industry is highly competitive, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 14.44% |
| Debt Cost | 10.38% |
| Equity Weight | 85.56% |
| Equity Cost | 10.38% |
| WACC | 10.38% |
| Leverage | 16.88% |
MPC Container Ships ASA : Quality Control
MPC Container Ships ASA passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HXCK.DE | Ernst Russ AG is a publicly owned investment manager. It invest in shipping, alternative investments, real estate, private equity and renewable energy. Within ship participation, the firm invests in part-owning … |
| HAUTO.OL | Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, … |
| DAC | Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to … |
| DIS.MI | d'Amico International Shipping S.A., through its subsidiaries, operates as a marine transportation company worldwide. It primarily transports refined petroleum products and vegetable oils through various double-hulled vessels. The company serves … |
| ESEA | Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of May 03, 2022, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
MPC Container Ships
A-Score
1-Year Total Return ->
🥈
Danaos
A-Score
1-Year Total Return ->
🥉
Ernst Russ
A-Score
1-Year Total Return ->
4
Höegh Autoliners
A-Score
1-Year Total Return ->
5
Euroseas
A-Score
1-Year Total Return ->
6
