MPC Container Ships ASA
MPC Container Ships ASA, together with its subsidiaries, owns and operates a portfolio of container vessels in Intra-Asia, South America, Europe, the Middle East, Africa, and internationally. The company invests in maritime assets; and charters out small- to mid-size vessels through time-charter ag…
MPC Container Ships ASA, together with its subsidiaries, owns and operates a portfolio of container vessels in Intra-Asia, South America, Europe, the Middle East, Africa, and internationally. The company invests in maritime assets; and charters out small- to mid-size vessels through time-charter agreements to global liner shipping companies and regional carriers serving intra-regional trade lanes, as well as operates and sells vessels. It serves charterers and port calls. As of December 31, 2025, the company operated a fleet of 51 vessels with an aggregate capacity of approximately 129,192 twenty-foot equivalent units. MPC Container Ships ASA was incorporated in 2017 and is headquartered in Oslo, Norway.Looks undervalued
Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
Details and the full model are below.
Market price below modeled range
Showing the EV/Sales (Rule of 40) you selected on the company card, using 3% growth, 2.7% terminal growth and 10% discount. The range varies these assumptions slightly; it is illustrative, not investment advice. Low confidence: the modelled value is far from the market price, which usually means the model does not capture this company well (for example expected growth well above its history).
Assumptions: growth 3% (limited from 7.88% because the latest annual revenue declined), discount rate 10%, terminal growth 2.70%. See a worked example.
Blended growth assumption: 7.9% (sector default 6.2%, own revenue history 6.0%, analyst revenue consensus 9.6%).
5-year outlook: relative outlook of about 12.8% a year (High confidence), anchored to a 7% market return and adjusted for how this company ranks against others. A ranking aid, not a prediction. See the full forecast.
Analyst consensus expects revenue growth of 9.6% a year; the growth assumption used is 3.0%.
Adjust assumptions
Show the recommended model instead
Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.
Compare models- Recommended: Free-cash-flow DCF — NOK 36.43 (+50.3%)
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EPS-based Gordon proxy
— NOK 62.24 (+156.9%)
Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
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DCF (trailing free cash flow)
— NOK 36.43 (+50.3%)
Not used: Not chosen: Free-cash-flow DCF ranks ahead of it for this company.
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FCFF (steady state)
— NOK 35.94 (+48.3%)
Not used: Assumes only the long-run terminal growth rate from today, so it ignores the near-term growth expected.
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EV/EBITDA (12x)
— NOK 84.19 (+247.4%)
Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
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Fade DCF (10-year growth fade)
— NOK 36.41 (+50.3%)
Not used: An alternative growth path (fading over 10 years) shown for comparison; the automatic choice does not use it.
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EV/Sales (Rule of 40)
— NOK 147.62 (+509.3%)
Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
| Bear NOK 110.29 | 78.0% |
| Base NOK 147.62 | 83.6% |
| Bull NOK 184.95 | 86.9% |
Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.
Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.
Price history and fair value
5 years price change: +263.61% · NOK 24.93 · Market data through 05 Nov 2026 ; dashed line is today’s model base value (NOK 147.62). The fair value is today’s estimate, not what the model said in the past.
Saved price history is current through 05 Nov 2026; last refreshed 06 Nov 2026 08:12 (4 hours, 30 minutes ago).
03 Jan 2022Range NOK 5.94 – 29.7005 Nov 2026
More detail: quality, peers, price history, dividends and financials
Quality score: 80 / 100
Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.
| Profitability | 5 of 5 years profitable | 20 / 20 |
| Cash generation | free cash flow positive in 4 of 5 years | 16 / 20 |
| Growth | revenue -7.3% a year | 4 / 20 |
| Balance sheet | net debt 0.2x EBITDA | 20 / 20 |
| Margins | EBITDA margin 69% | 20 / 20 |
Peers in Industrials
Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.
| Company | Price | Margin of safety | P/E | P/B | Yield | Quality |
|---|---|---|---|---|---|---|
| MPCC.OL (this company) | NOK 24.23 | 33.5% | 5.5 | 1.1 | 0.7% | 80 |
| EZJ.L easyJet plc | GBP 6.88 | 74.3% | 10.6 | 1.5 | 1.7% | 78 |
| WAWI.OL Wallenius Wilhelmsen ASA | NOK 160.80 | 64.5% | 7.1 | 2.2 | 0.3% | 100 |
| IAG.L International Consolidated Airlines Group S.A. | GBP 4.37 | 58.9% | 8.0 | 3.5 | 1.8% | 92 |
| TPK.L Travis Perkins plc | GBP 6.54 | 54.7% | – | 0.8 | 2.1% | 46 |
| SRP.L Serco Group plc | GBP 2.77 | 46.2% | 19.7 | 3.3 | 1.5% | 82 |
| DFDS.CO DFDS A/S | DKK 157.30 | 45.9% | – | 0.6 | – | 64 |
| DG.PA VINCI SA | EUR 111.75 | 42.2% | 12.9 | 2.1 | 4.2% | 90 |
| LDOS Leidos | USD 135.81 | 29.4% | 11.9 | 3.3 | 1.3% | 72 |
| Peer median | 11.3 | 2.1 | ||||
Dividends
Paid in the last 12 months: NOK 1.75 per share · yield 7.22% at the current price.
| Year | Dividends per share |
|---|---|
| 2026 (so far) | 1.242 |
| 2025 | 2.752 |
| 2024 | 4.900 |
| 2023 | 7.030 |
| 2022 | 9.181 |
Trailing 12-month financials
TTM through 30 Jun 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 08:18
| Revenue | NOK 4,574,816,079 |
|---|---|
| EBITDA | NOK 3,175,331,384 |
| EBIT | NOK 2,306,468,135 |
| Net income | NOK 1,963,002,595 |
| Free cash flow | NOK 1,187,033,908 |
| Capital expenditures | NOK 2,683,822,450 |
| Debt | NOK 3,609,772,369 |
| Cash | NOK 2,858,742,825 |
| Working capital | NOK 3,213,133,282 |
| Shares outstanding | 443,700,279 |
| Reported dividends per share | NOK 0.1800 |