XOSLMPCC
Market cap770mUSD
Dec 20, Last price
20.12NOK
1D
0.25%
1Q
-9.16%
IPO
-54.27%
Name
MPC Container Ships ASA
Chart & Performance
P/E
2.37
P/S
1.05
EPS
0.73
Div Yield, %
3.28%
Shrs. gr., 5y
23.59%
Rev. gr., 5y
31.86%
Revenues
711m
+6.40%
Net income
325m
-25.27%
CFO
485m
+11.04%
Dividend
Sep 17, 20240.1 NOK/sh
Earnings
Feb 25, 2025
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 711,282 6.40% | 668,528 63.25% | 409,504 136.93% | ||||
Cost of revenue | 208,093 | 188,497 | 164,559 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 503,189 | 480,031 | 244,945 | ||||
NOPBT Margin | 70.74% | 71.80% | 59.82% | ||||
Operating Taxes | 638 | 1,071 | 676 | ||||
Tax Rate | 0.13% | 0.22% | 0.28% | ||||
NOPAT | 502,551 | 478,960 | 244,269 | ||||
Net income | 324,961 -25.27% | 434,832 129.19% | 189,725 -394.19% | ||||
Dividends | (292,834) | (441,022) | |||||
Dividend yield | 4.95% | 6.11% | |||||
Proceeds from repurchase of equity | (5,773) | ||||||
BB yield | 0.08% | ||||||
| Debt | |||||||
Debt current | 33,564 | 79,112 | 83,743 | ||||
Long-term debt | 92,951 | 74,690 | 148,083 | ||||
Deferred revenue | 1,480 | 3,728 | |||||
Other long-term liabilities | 1,000 | ||||||
Net debt | 6,002 | 38,306 | 75,059 | ||||
| Cash flow | |||||||
Cash from operating activities | 484,634 | 436,455 | 212,187 | ||||
CAPEX | (252,730) | (99,071) | (50,084) | ||||
Cash from investing activities | (152,059) | 44,369 | 43,233 | ||||
Cash from financing activities | (335,508) | (535,635) | (114,346) | ||||
FCF | 511,105 | 477,769 | 56,367 | ||||
| Balance | |||||||
Cash | 119,530 | 96,343 | 156,767 | ||||
Long term investments | 983 | 19,153 | |||||
Excess cash | 84,949 | 82,070 | 136,292 | ||||
Stockholders' equity | 751,602 | 568,184 | 131,761 | ||||
Invested Capital | 795,047 | 793,950 | 830,316 | ||||
ROIC | 63.25% | 58.98% | 31.44% | ||||
ROCE | 57.13% | 54.75% | 25.46% | ||||
| EV | |||||||
Common stock shares outstanding | 443,700 | 443,868 | 419,017 | ||||
Price | 13.33 -17.97% | 16.25 -33.81% | 24.55 288.45% | ||||
Market cap | 5,914,525 -18.00% | 7,212,856 -29.88% | 10,286,870 577.04% | ||||
EV | 5,924,362 | 7,253,713 | 10,362,848 | ||||
EBITDA | 605,895 | 555,423 | 306,994 | ||||
EV/EBITDA | 9.78 | 13.06 | 33.76 | ||||
Interest | 14,648 | 10,918 | 24,810 | ||||
Interest/NOPBT | 2.91% | 2.27% | 10.13% | ||||