MPC Container Ships ASA (OSL: MPCC)

Norway flag Norway · Delayed Price · Currency is NOK
25.85
-0.75 (-2.82%)
Nov 21, 2024, 10:09 AM CET
82.69%
Market Cap 11.80B
Revenue (ttm) 6.56B
Net Income (ttm) 2.61B
Shares Out 443.70M
EPS (ttm) 5.86
PE Ratio 4.54
Forward PE 5.08
Dividend 4.43 (16.65%)
Ex-Dividend Date Sep 17, 2024
Volume 1,079,793
Open 26.33
Previous Close 26.60
Day's Range 25.70 - 26.58
52-Week Range 11.61 - 26.58
Beta 1.27
Analysts n/a
Price Target n/a
Earnings Date Nov 26, 2024

About MPC Container Ships ASA

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. The company was incorporated in 2017 and is based in Oslo, Norway. [Read more]

Industry Marine Shipping
Sector Industrials
Founded 2017
Employees 33
Stock Exchange Oslo Børs
Ticker Symbol MPCC
Full Company Profile

Financial Performance

In 2023, MPC Container Ships ASA's revenue was $711.28 million, an increase of 15.32% compared to the previous year's $616.77 million. Earnings were $324.96 million, a decrease of -25.27%.

Financial numbers in USD Financial Statements

News

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The 'Undercovered' Dozen series highlights 12 undercovered stocks, providing investment ideas and sparking community discussion on their potential. Zach Bristow argues that Sylvamo Corporation offers ...

2 months ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) Q2 2024 Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q2 2024 Earnings Conference Call August 28, 2024 9:00 AM ETCompany ParticipantsConstantin Baack - CEOMoritz Fuhrmann -...

3 months ago - Seeking Alpha

MPC Container Ships reports Q2 results

3 months ago - Seeking Alpha

MPCC Q2 2024 Results: Backlog Increased to USD 1.1 Billion Creating Significant Earnings Visibility

OSLO, Norway , Aug. 28, 2024 /PRNewswire/ -- MPC Container Ships ("MPCC" or the "Company") delivered another quarter of solid operational and financial results, supported by efficient operations and c...

3 months ago - PRNewsWire

MPC Container Ships ASA (MPZZF) Q1 2024 Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q1 2024 Earnings Call Transcript May 28, 2024 9:00 AM ET Company Participants Constantin Baack - CEO Moritz Fuhrmann - CFO & Co-CEO Operator Good afternoon and go...

6 months ago - Seeking Alpha

MPC Container Ships Reports Q1 2024 Results

OSLO, Norway , May 28, 2024 /PRNewswire/ --  Highlights  Strong operating revenues of USD 147.5 million. EBITDA was USD 96.1 million, compared to USD 141.4 million in Q1 2023.

6 months ago - PRNewsWire

MPC Container Ships: Deep Value In The Liner Industry

MPC's valuation metrics are demonstrably lower compared to industry peers. This suggests the stock is undervalued and ripe for growth. The market dynamics show promise for container shipping companies...

9 months ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) Q4 2023 Earnings Call Transcript

MPC Container Ships ASA (MPZZF) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

MPC Container Ships Reports Q4 2023 Results

OSLO, Norway , Feb. 27, 2024 /PRNewswire/ -- Highlights  Strong operating revenues of USD 152.8 million. EBITDA was USD 93.6 million, compared to USD 127.0 million in Q4 2022.

9 months ago - PRNewsWire

MPC Container Ships: Strong Fundamentals, But Yields Likely To Decline In 2024-2025

MPZZF's share price has fallen below its fleet's scrap value and contract backlog. The downside seems limited and may represent a more attractive pricing point. Its low leverage ratio of 17%, strong f...

1 year ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) Q3 2023 Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q3 2023 Earnings Conference Call November 21, 2023 9:00 AM ET Company Participants Constantin Baack - Chief Executive Officer Moritz Fuhrmann - Chief Financial Of...

1 year ago - Seeking Alpha

MPC Container Ships: Decent Market And Fundamentals, Reasonably Valued

Decent fundamentals persist and have us considering the 30% forward dividend yield on MPC. The stock and dividend will be sensitive to economic conditions, but the upward revisions in economic expecta...

1 year ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) Q2 2023 Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q2 2023 Earnings Conference Call August 22, 2022 9:00 AM ET Company Participants Constantin Baack - Chief Executive Officer Moritz Fuhrmann - Chief Financial Offi...

1 year ago - Seeking Alpha

MPC Container Ships: A Strong Value Proposition

MPC Container Ships delivered strong Q1 2023 results. MPC operates within the smaller feeder segment, which is expected to witness higher demand growth, has a lower orderbook to fleet ratio and a high...

1 year ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) Q1 2023 Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q1 2023 Earnings Conference Call May 23, 2022 9:00 AM ET Company Participants Constantin Baack - Chief Executive Officer Moritz Fuhrmann - Chief Financial Officer...

1 year ago - Seeking Alpha

MPC Container Ships Has 86% Of 2023 On Lock At 2022 Rates

MPC capitalised on the containership high by realising assets and paying out a 47% yield last year. While these are one-offs, MPC will sail into 2023 with 86% of operating days covered at attractive e...

1 year ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) Q4 2022 Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q4 2022 Earnings Conference Call February 28, 2023 9:00 AM ET Company Participants Constantin Baack – Chief Executive Officer Moritz Fuhrmann – Chief Financial Of...

1 year ago - Seeking Alpha

MPC Container Ships: Too Cheap To Ignore

Despite headwinds for the container ship sector, MPCC offers a very skewed risk/reward ratio. The downside is limited by the pre-contracted backlog, plus the fact that the supply/demand dynamics are n...

2 years ago - Seeking Alpha

MPC Container Ships: Strong EBITDA Backlog Protects Shareholder Payouts

MPC Container Ships is an Oslo-listed owner of container vessels, chartered to reputable counterparties including Maersk and ZIM. The strong backlog of contracted revenue and EBITDA underpins the curr...

2 years ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) Q3 2022 Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q3 2022 Earnings Conference Call November 17, 2022 9:00 AM ET Company Participants Constantin Baack - CEO Conference Call Participants Frode Morkedal - Clarksons ...

2 years ago - Seeking Alpha

MPC Container Ships: Providing A 25-30% Dividend Yield For The Next 2 Years

MPC Container Ships is a Norwegian company focusing on the small containership segment. The company is currently printing cash and now the net debt has decreased to just over $100M, the dividend payou...

2 years ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) CEO Constantin Baack on Q2 2022 Results - Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q2 2022 Earnings Conference Call August 18, 2022 9:00 AM ET CompanyParticipants Constantin Baack - CEO Conference Call Participants Frode Mørkedal - Clarksons Pla...

2 years ago - Seeking Alpha

MPC Container Ships ASA (MPZZF) CEO Constantin Baack on Q1 2022 Results - Earnings Call Transcript

MPC Container Ships ASA (OTCPK:MPZZF) Q1 2022 Earnings Conference Call May 19, 2022 9:00 AM ET Company Participants Constantin Baack - Chief Executive Officer Conference Call Participants Frode Morked...

2 years ago - Seeking Alpha

MPC Container Ships ASA reports Q1 and three-month 2022 results

OSLO, Norway , May 19, 2022 /PRNewswire/ -- Significantly improved operating revenues of USD 142.9 million and EBITDA of USD 137.7 million, up by 160% and 519%, respectively, compared to Q1 2021. Quar...

2 years ago - PRNewsWire