DB:4DH

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Executive Summary

Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific.


Snowflake Analysis

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has Dana's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4DH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.2%

4DH

10.6%

DE Auto Components

6.8%

DE Market


1 Year Return

-7.5%

4DH

-14.8%

DE Auto Components

5.6%

DE Market

Return vs Industry: 4DH exceeded the German Auto Components industry which returned -19.5% over the past year.

Return vs Market: 4DH underperformed the German Market which returned 4.4% over the past year.


Shareholder returns

4DHIndustryMarket
7 Day11.2%10.6%6.8%
30 Day35.1%23.2%14.0%
90 Day26.5%11.3%7.5%
1 Year-5.6%-7.5%-13.3%-14.8%7.4%5.6%
3 Year-30.8%-34.5%-44.0%-48.1%0.3%-7.3%
5 Year-26.1%-32.1%-45.1%-50.3%12.4%-2.0%

Price Volatility Vs. Market

How volatile is Dana's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Dana undervalued compared to its fair value and its price relative to the market?

28.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4DH (€12.9) is trading below our estimate of fair value (€18.06)

Significantly Below Fair Value: 4DH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4DH is good value based on its PE Ratio (12.4x) compared to the Auto Components industry average (14.5x).

PE vs Market: 4DH is good value based on its PE Ratio (12.4x) compared to the German market (20.1x).


Price to Earnings Growth Ratio

PEG Ratio: 4DH is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: 4DH is overvalued based on its PB Ratio (1.2x) compared to the DE Auto Components industry average (0.8x).


Next Steps

Future Growth

How is Dana forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

57.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4DH's forecast earnings growth (57.2% per year) is above the savings rate (0.2%).

Earnings vs Market: 4DH's earnings (57.2% per year) are forecast to grow faster than the German market (22.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 4DH's revenue (8.6% per year) is forecast to grow faster than the German market (5.7% per year).

High Growth Revenue: 4DH's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 4DH's Return on Equity is forecast to be low in 3 years time (16.3%).


Next Steps

Past Performance

How has Dana performed over the past 5 years?

-4.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4DH has a large one-off loss of $379.0M impacting its March 31 2020 financial results.

Growing Profit Margin: 4DH's current net profit margins (2%) are lower than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: 4DH's earnings have declined by -4.2% per year over the past 5 years.

Accelerating Growth: 4DH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4DH had negative earnings growth (-60%) over the past year, making it difficult to compare to the Auto Components industry average (-24.5%).


Return on Equity

High ROE: 4DH's Return on Equity (8.4%) is considered low.


Next Steps

Financial Health

How is Dana's financial position?


Financial Position Analysis

Short Term Liabilities: 4DH's short term assets ($3.3B) exceed its short term liabilities ($2.1B).

Long Term Liabilities: 4DH's short term assets ($3.3B) exceed its long term liabilities ($3.1B).


Debt to Equity History and Analysis

Debt Level: 4DH's debt to equity ratio (132%) is considered high.

Reducing Debt: 4DH's debt to equity ratio has reduced from 148.1% to 132% over the past 5 years.

Debt Coverage: 4DH's debt is well covered by operating cash flow (22.4%).

Interest Coverage: 4DH's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Dana's current dividend yield, its reliability and sustainability?

1.25%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 4DH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 4DH's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 4DH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4DH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 4DH is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4DH's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Jim Kamsickas (52yo)

4.83yrs

Tenure

US$8,645,700

Compensation

Mr. James K. Kamsickas, also known as Jim, serves as the Chairman of the board of Dana Incorporated since December 2019. He has been the Chief Executive Officer and President at Dana Incorporated since Au ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD8.65M) is above average for companies of similar size in the German market ($USD1.54M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Kamsickas
Chairman4.83yrsUS$8.65m0.35% $6.4m
Jonathan Collins
Executive VP & CFO4.25yrsUS$2.81m0.026% $473.7k
Aziz Aghili
Executive VP and President of Off-Highway Drive & Motion Systems8.92yrsUS$3.52m0.069% $1.3m
Robert Pyle
Executive VP & President of Light Vehicle Drive Systems6.42yrsUS$2.18m0.046% $846.1k
Carl Beckwith
Senior Vice President of Global Operations1.92yrsno datano data
James Kellett
VP & Chief Accounting Officer1.58yrsno data0.0032% $57.4k
Christophe Dominiak
Senior VP & CTO2.75yrsno datano data
Matthew Fahnestock
VP & Chief Information Officer2.83yrsno datano data
Craig Barber
Senior Director of Investor Relations & Strategic Planningno datano datano data
Douglas Liedberg
Senior VP3.08yrsno data0.017% $316.6k

3.1yrs

Average Tenure

52yo

Average Age

Experienced Management: 4DH's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Kamsickas
Chairman4.83yrsUS$8.65m0.35% $6.4m
Keith Wandell
Lead Independent Director0.50yrUS$337.80k0.031% $573.6k
Virginia Kamsky
Independent Director8.83yrsUS$252.80k0.020% $358.0k
Raymond Mabus
Independent Director3.33yrsUS$242.80k0.012% $221.8k
R. McDonald
Independent Director6.33yrsUS$257.80k0.026% $481.9k
Bridget Karlin
Independent Director0.50yrno datano data
Michael Mack
Independent Director2.33yrsUS$242.80k0.0080% $146.0k
Diarmuid O'Connell
Independent Director2.33yrsUS$242.80k0.0080% $146.0k
Rachel Gonzalez
Independent Director3.33yrsUS$250.30k0.012% $221.8k

2.3yrs

Average Tenure

62yo

Average Age

Experienced Board: 4DH's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Dana Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dana Incorporated
  • Ticker: 4DH
  • Exchange: DB
  • Founded: 1904
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$2.065b
  • Listing Market Cap: US$1.823b
  • Shares outstanding: 144.48m
  • Website: https://www.dana.com

Number of Employees


Location

  • Dana Incorporated
  • 3939 Technology Drive
  • Maumee
  • Ohio
  • 43537
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DANNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2008
4DHDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2008

Biography

Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It offers sealing solutions, thermal-management technologies, and fluid-power products to vehicle and engine manufacturer. The company operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers front drive steer rigid axles, rear drive rigid axles, driveshafts/propshafts, front/rear drive units, AWD systems, power transfer units, electromechanical propulsion systems, EV gearboxes, and differentials for use in light trucks, sport utility vehicles, crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides steer and drive axles, driveshafts, tire inflation systems, high and low voltage motors and inverters, vehicle integration services, and connected software solutions for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment manufactures front and rear axles; driveshafts; transmissions; torque converters; wheel, track, and winch planetary drives; industrial gear boxes; custom gears and shifting solutions; tire inflation systems; electronic controls; hydraulic valves, pumps and motors; and EV motors and inverter for use in construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary applications. The Power Technologies segment offers gaskets, cover modules, heat shields, engine sealing systems, cooling products, and heat transfer products for light vehicle, medium/heavy vehicle, and off-highway markets. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 12:19
End of Day Share Price2020/06/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.