MPC Container Ships ASAHAM:MP2 -4.69%71 Altman Z2-Score is 6.11 as of Jun. 27, 2026, which is 14% above its 10-year median of 5.34. GuruFocus rates HAM:MP2 with a GF Score™ of 71/100 and a GF Value™ of €1.28 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,002 Transportation companies, MPC Container Ships ASA ranks better than 81.14% on this metric.
Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.
Good Sign:
MPC Container Ships ASA has a Altman Z2-Score of 6.11, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.
The zones of discrimination were as such:
When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.
The historical rank and industry rank for MPC Container Ships ASA's Altman Z2-Score or its related term are showing as below:
HAM:MP2'
s Altman Z2-Score Range Over the Past 10 Years
Min: 0.78 Med: 5.34 Max: 9.52
Current: 6.15
During the past 9 years, MPC Container Ships ASA's highest Altman Z2-Score was 9.52. The lowest was 0.78. And the median was 5.34.
The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Marine Shipping subindustry, MPC Container Ships ASA's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MPC Container Ships ASA Altman Z2-Score vs Transportation Industry
For the Transportation industry and Industrials sector, MPC Container Ships ASA's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where MPC Container Ships ASA's Altman Z2-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.
MPC Container Ships ASA (HAM:MP2) has a Altman Z2-Score of 6.11 as of Jun. 27, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on MPC Container Ships ASA and its competitors. This is 14% above median its historical median of 5.34. Over the past decade, MPC Container Ships ASA's Altman Z2-Score has ranged from 0.78 to 9.52. According to the industry distribution chart, MPC Container Ships ASA ranks #189 out of 1002 companies in the Transportation industry, placing it in the top 18.9%.
Is MPC Container Ships ASA's Altman Z2-Score too high?
MPC Container Ships ASA's current Altman Z2-Score of 6.11 is 14% above median its 10-year median of 5.34. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 9.52. The Transportation industry median Altman Z2-Score is 2.98. MPC Container Ships ASA's value of 6.11 is 105% above this industry median. Based on the distribution chart, MPC Container Ships ASA ranks #189 out of 1002 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, MPC Container Ships ASA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MPC Container Ships ASA's Altman Z2-Score compare to competitors?
According to the Transportation industry distribution chart, MPC Container Ships ASA ranks #189 out of 1002 companies for Altman Z2-Score. This places MPC Container Ships ASA in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 2.98. MPC Container Ships ASA's value of 6.11 is 105% above this benchmark. Historically, MPC Container Ships ASA's own Altman Z2-Score has ranged from 0.78 to 9.52 over the past decade. While the company's 10-year median is 5.34 vs. the industry median of 2.98, MPC Container Ships ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Transportation company?
The median Altman Z2-Score among Transportation companies is 2.98, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MPC Container Ships ASA's current Altman Z2-Score of 6.11 is 105% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on MPC Container Ships ASA and its competitors. For the Transportation industry, the median Altman Z2-Score is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPC Container Ships ASA's current Altman Z2-Score is 6.11, which is 14% above median its own 10-year median of 5.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPC Container Ships ASA stock overvalued right now?
Based on GuruFocus' analysis, MPC Container Ships ASA (HAM:MP2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.28, compared to a current price of €2.14 — trading 66.9% above its estimated fair value. The current Altman Z2-Score is 6.11, which is 14% above median its 10-year median of 5.34 and 105% above the Transportation industry median of 2.98. MPC Container Ships ASA's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For MPC Container Ships ASA (HAM:MP2), the current Altman Z2-Score is 6.11 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MPC Container Ships ASA (HAM:MP2) Overvalued in 2026?
Based on GuruFocus' analysis, MPC Container Ships ASA stock appears to be overvalued.
The current stock price of €2.14 is trading 66.9% above its estimated GF Value™ of €1.28.
GuruFocus considers MPC Container Ships ASA to be Significantly Overvalued.
Key valuation signals for HAM:MP2:
Altman Z2-Score: 6.11 (14% above median its 10-year median of 5.34)
GF Value™: €1.28 vs. price of €2.14 (66.9% above fair value)
Industry Position: 105% above the Transportation median (#189 of 1002)
No single metric tells the full story. See the HAM:MP2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. The group has one reporting segment, i.e., the container shipping segment.
71GF Score
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