NYSE:DAN

Stock Analysis Report

Executive Summary

Dana Incorporated provides drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products to vehicle and engine manufacturer in North America, Europe, South America, and the Asia Pacific.

Snowflake

Fundamentals

Good value with reasonable growth potential.


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


Market Performance


7 Day Return

6.1%

DAN

3.5%

US Auto Components

0.4%

US Market


1 Year Return

-4.5%

DAN

-2.3%

US Auto Components

6.9%

US Market

Return vs Industry: DAN underperformed the US Auto Components industry which returned -2.3% over the past year.

Return vs Market: DAN underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

DANIndustryMarket
7 Day6.1%3.5%0.4%
30 Day4.0%2.5%-1.1%
90 Day-15.9%2.8%-0.5%
1 Year-2.0%-4.5%-0.8%-2.3%9.3%6.9%
3 Year9.4%3.8%11.2%-0.3%45.8%36.4%
5 Year-15.9%-22.4%19.4%3.0%62.9%45.1%

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

Valuation

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

26.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: DAN ($15.52) is trading below our estimate of fair value ($21.06)

Significantly Undervalued: DAN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: DAN is good value based on its PE Ratio (10x) compared to the Auto Components industry average (16.5x).

PE vs Market: DAN is good value based on its PE Ratio (10x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: DAN is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: DAN is overvalued based on its PB Ratio (1.3x) compared to the US Auto Components industry average (1.2x).


Next Steps

Future Growth

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

34.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DAN's forecast earnings growth (34.2% per year) is above the savings rate (2.7%).

Earnings vs Market: DAN's earnings (34.2% per year) are forecast to grow faster than the US market (14.6% per year).

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

Revenue vs Market: DAN's revenue (0.4% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: DAN's revenue (0.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: DAN's Return on Equity is forecast to be high in 3 years time (21.9%)


Next Steps

Past Performance

How has Dana performed over the past 5 years?

8.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: DAN has become profitable over the past 5 years, growing earnings by 8.3% per year.

Accelerating Growth: DAN's earnings growth over the past year (16.6%) exceeds its 5-year average (8.3% per year).

Earnings vs Industry: DAN earnings growth over the past year (16.6%) exceeded the Auto Components industry 8.1%.


Return on Equity

High ROE: DAN's Return on Equity (12.4%) is considered low.


Return on Assets

ROA vs Industry: DAN's Return on Assets is below or equal to the Auto Components industry average last year.


Return on Capital Employed

ROCE Improving: DAN's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Dana's financial position?


Financial Position Analysis

Short Term Liabilities: DAN's short term assets ($3.4B) exceeds its short term liabilities ($2.1B)

Long Term Liabilities: DAN's short term assets (3.4B) exceeds its long term liabilities (3.4B)


Debt to Equity History and Analysis

Debt Level: DAN's debt to equity ratio (132.8%) is considered high

Reducing Debt: DAN's debt to equity ratio has increased from 112.6% to 132.8% over the past 5 years.

Debt Coverage: DAN's debt is well covered by operating cash flow (20.1%).

Interest Coverage: DAN's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet

Inventory Level: DAN has a high level of physical assets or inventory.

Debt Coverage by Assets: DAN's debt is covered by short term assets (assets are 1.322080x debt).


Next Steps

Dividend

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

2.58%

Current Dividend Yield


Dividend Yield vs Market

company2.6%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Years2.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: DAN's dividend (2.58%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: DAN's dividend (2.58%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: Whilst dividend payments have been stable, DAN has been paying a dividend for less than 10 years.

Growing Dividend: DAN's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.7%), DAN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: DAN's dividends in 3 years are forecast to be thoroughly covered by earnings (12.9% payout ratio).


Next Steps

Management

What is the CEO of Dana's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Jim Kamsickas (52yo)

4.2yrs

Tenure

US$10,349,940

Compensation

Mr. James K. Kamsickas, also known as Jim, has been the Chief Executive Officer and President at Dana Incorporated since August 11, 2015. With more than a quarter century of global automotive and automotiv ...


CEO Compensation Analysis

Compensation vs. Market: Jim's total compensation ($USD10.35M) is about average for companies of similar size in the US market ($USD4.00M).

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


Management Age and Tenure

3.6yrs

Average Tenure

52yo

Average Age

Experienced Management: DAN's management team is considered experienced (3.6 years average tenure).


Board Age and Tenure

2.8yrs

Average Tenure

60yo

Average Age

Experienced Board: DAN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: DAN insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellUS$766,36106 Sep 19
Mark Wallace
EntityIndividual
Role
Senior Key Executive
Executive VP and President of Dana Commercial Vehicle Driveline Tech.
Shares57,129
Max PriceUS$13.56
BuyUS$18,65926 Jul 19
Gabelli Foundation Inc, Endowment Arm
EntityCompany
Shares1,000
Max PriceUS$18.66
BuyUS$48,42326 Jul 19
Mario Gabelli
EntityIndividual
Shares2,500
Max PriceUS$19.37
BuyUS$24,01026 Jul 19
GAMCO Investors, Inc.
EntityCompany
Shares90,335
Max PriceUS$19.62
SellUS$026 Jul 19
GAMCO Investors, Inc.
EntityCompany
Shares254,697
Max PriceUS$19.81
SellUS$45,34220 May 19
James Kellett
EntityIndividual
Role
Chief Accounting Officer
VP & Chief Accounting Officer
Shares2,825
Max PriceUS$16.05

Ownership Breakdown


Management Team

  • Bob Pyle (52yo)

    President of Light Vehicle Driveline Technologies

    • Tenure: 5.8yrs
    • Compensation: US$2.03m
  • Aziz Aghili (60yo)

    Executive VP and President of Off-Highway Drive & Motion Systems

    • Tenure: 8.3yrs
    • Compensation: US$3.71m
  • Mark Wallace (52yo)

    Executive VP and President of Dana Commercial Vehicle Driveline Tech.

    • Tenure: 8.3yrs
    • Compensation: US$2.62m
  • Jim Kamsickas (52yo)

    President

    • Tenure: 4.2yrs
    • Compensation: US$10.35m
  • Jonathan Collins (39yo)

    Executive VP & CFO

    • Tenure: 3.6yrs
    • Compensation: US$3.09m
  • Matt Fahnestock

    VP & Chief Information Officer

    • Tenure: 2.2yrs
  • Carl Beckwith

    Senior Vice President of Global Operations

    • Tenure: 1.3yrs
  • Christophe Dominiak

    Senior VP & CTO

    • Tenure: 2.1yrs
  • Craig Barber

    Senior Director of Investor Relations and Strategic Planning

    • Tenure: 0yrs
  • James Kellett

    VP & Chief Accounting Officer

    • Tenure: 0.9yrs

Board Members

  • Keith Wandell (69yo)

    Non-Executive Chairman & Lead Independent Director

    • Tenure: 3yrs
    • Compensation: US$353.18k
  • Ginny Kamsky (64yo)

    Independent Director

    • Tenure: 8.2yrs
    • Compensation: US$253.18k
  • Raymond Mabus (70yo)

    Independent Director

    • Tenure: 2.7yrs
    • Compensation: US$243.18k
  • R. McDonald (58yo)

    Independent Director

    • Tenure: 5.7yrs
    • Compensation: US$257.26k
  • Mike Mack (62yo)

    Independent Director

    • Tenure: 1.7yrs
    • Compensation: US$227.18k
  • Jim Kamsickas (52yo)

    President

    • Tenure: 4.2yrs
    • Compensation: US$10.35m
  • Diarmuid O'Connell (55yo)

    Independent Director

    • Tenure: 1.7yrs
    • Compensation: US$228.88k
  • Rachel Gonzalez (49yo)

    Independent Director

    • Tenure: 2.7yrs
    • Compensation: US$243.18k

Company Information

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


Key Information

  • Name: Dana Incorporated
  • Ticker: DAN
  • Exchange: NYSE
  • Founded: 1904
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$2.234b
  • Shares outstanding: 143.92m
  • 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 drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products to vehicle and engine manufacturer in North America, Europe, South America ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:16
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.