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Dana

NYSE:DAN
Snowflake Description

Good value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DAN
NYSE
$3B
Market Cap
  1. Home
  2. US
  3. Automobiles
Company description

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. The last earnings update was 55 days ago. More info.


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DAN Share Price and Events
7 Day Returns
3%
NYSE:DAN
2.2%
US Auto Components
1.4%
US Market
1 Year Returns
-14.5%
NYSE:DAN
-28.9%
US Auto Components
4.9%
US Market
DAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dana (DAN) 3% 14.7% 0.2% -14.5% 67.3% -27.5%
US Auto Components 2.2% 10% 0.5% -28.9% 11.1% -10.9%
US Market 1.4% 3.8% 3.5% 4.9% 44.8% 40.1%
1 Year Return vs Industry and Market
  • DAN outperformed the Auto Components industry which returned -28.9% over the past year.
  • DAN underperformed the Market in United States of America which returned 4.9% over the past year.
Price Volatility
DAN
Industry
5yr Volatility vs Market

Value

 Is Dana undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dana to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dana.

NYSE:DAN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:DAN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.21
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.206 (1 + (1- 21%) (108.7%))
1.831
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.831 * 5.96%)
13.65%

Discounted Cash Flow Calculation for NYSE:DAN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dana is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:DAN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 13.65%)
2019 294.18 Analyst x5 258.86
2020 454.38 Analyst x5 351.82
2021 593.96 Est @ 30.72% 404.67
2022 726.54 Est @ 22.32% 435.57
2023 846.02 Est @ 16.44% 446.30
2024 950.33 Est @ 12.33% 441.13
2025 1,040.14 Est @ 9.45% 424.85
2026 1,117.46 Est @ 7.43% 401.63
2027 1,184.76 Est @ 6.02% 374.69
2028 1,244.42 Est @ 5.03% 346.30
Present value of next 10 years cash flows $3,885.83
NYSE:DAN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,244.42 × (1 + 2.73%) ÷ (13.65% – 2.73%)
$11,712.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $11,712.09 ÷ (1 + 13.65%)10
$3,259.32
NYSE:DAN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,885.83 + $3,259.32
$7,145.14
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $7,145.14 / 143.91
$49.65
NYSE:DAN Discount to Share Price
Calculation Result
Value per share (USD) From above. $49.65
Current discount Discount to share price of $17.63
= -1 x ($17.63 - $49.65) / $49.65
64.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Dana is available for.
Intrinsic value
>50%
Share price is $17.63 vs Future cash flow value of $49.65
Current Discount Checks
For Dana to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Dana's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Dana's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dana's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dana's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:DAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $2.88
NYSE:DAN Share Price ** NYSE (2019-06-25) in USD $17.63
United States of America Auto Components Industry PE Ratio Median Figure of 24 Publicly-Listed Auto Components Companies 15.45x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.73x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dana.

NYSE:DAN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DAN Share Price ÷ EPS (both in USD)

= 17.63 ÷ 2.88

6.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dana is good value based on earnings compared to the US Auto Components industry average.
  • Dana is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Dana's expected growth come at a high price?
Raw Data
NYSE:DAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
6%per year
United States of America Auto Components Industry PEG Ratio Median Figure of 22 Publicly-Listed Auto Components Companies 1.07x
United States of America Market PEG Ratio Median Figure of 2,133 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

NYSE:DAN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.11x ÷ 6%

1.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dana is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Dana's assets?
Raw Data
NYSE:DAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $9.97
NYSE:DAN Share Price * NYSE (2019-06-25) in USD $17.63
United States of America Auto Components Industry PB Ratio Median Figure of 40 Publicly-Listed Auto Components Companies 1.26x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.79x
NYSE:DAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DAN Share Price ÷ Book Value per Share (both in USD)

= 17.63 ÷ 9.97

1.77x

* Primary Listing of Dana.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dana is overvalued based on assets compared to the US Auto Components industry average.
X
Value checks
We assess Dana's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Dana has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Dana expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dana expected to grow at an attractive rate?
  • Dana's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Dana's earnings growth is positive but not above the United States of America market average.
  • Dana's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:DAN Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:DAN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 6%
NYSE:DAN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 1.9%
United States of America Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 17.5%
United States of America Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:DAN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:DAN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 9,406 537 1
2021-12-31 9,306 523 3
2020-12-31 9,205 821 489 8
2019-12-31 9,106 640 467 9
NYSE:DAN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 8,168 580 417
2018-12-31 8,143 568 427
2018-09-30 8,007 430 220
2018-06-30 7,860 487 193
2018-03-31 7,646 515 138
2017-12-31 7,209 554 105
2017-09-30 6,819 563 697
2017-06-30 6,372 424 686
2017-03-31 6,078 422 670
2016-12-31 5,826 384 640
2016-09-30 5,754 322 69
2016-06-30 5,838 418 131

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dana's earnings are expected to grow by 6% yearly, however this is not considered high growth (20% yearly).
  • Dana's revenue is expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:DAN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Dana Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DAN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 3.75 3.75 3.75 1.00
2021-12-31 3.65 3.65 3.65 1.00
2020-12-31 3.37 3.50 3.16 4.00
2019-12-31 3.21 3.28 3.15 3.00
NYSE:DAN Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 2.88
2018-12-31 2.94
2018-09-30 1.51
2018-06-30 1.33
2018-03-31 0.95
2017-12-31 0.72
2017-09-30 4.82
2017-06-30 4.75
2017-03-31 4.63
2016-12-31 4.38
2016-09-30 0.47
2016-06-30 0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Dana is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Dana's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dana has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Dana performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dana's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dana's year on year earnings growth rate has been positive over the past 5 years.
  • Dana's 1-year earnings growth exceeds its 5-year average (202.2% vs 15.8%)
  • Dana's earnings growth has exceeded the US Auto Components industry average in the past year (202.2% vs 2.8%).
Earnings and Revenue History
Dana's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dana Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DAN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 8,168.00 417.00 523.00
2018-12-31 8,143.00 427.00 514.00
2018-09-30 8,007.00 220.00 523.00
2018-06-30 7,860.00 193.00 522.00
2018-03-31 7,646.00 138.00 526.00
2017-12-31 7,209.00 105.00 515.00
2017-09-30 6,819.00 697.00 484.00
2017-06-30 6,372.00 686.00 455.00
2017-03-31 6,078.00 670.00 430.00
2016-12-31 5,826.00 640.00 397.00
2016-09-30 5,754.00 69.00 395.00
2016-06-30 5,838.00 131.00 394.00
2016-03-31 5,901.00 137.00 389.00
2015-12-31 6,060.00 155.00 391.00
2015-09-30 6,267.00 361.00 400.00
2015-06-30 6,436.00 331.00 399.00
2015-03-31 6,537.00 358.00 406.00
2014-12-31 6,617.00 327.00 411.00
2014-09-30 6,659.00 246.00 415.00
2014-06-30 6,691.00 -12.00 415.00
2014-03-31 6,781.00 -12.00 412.00
2013-12-31 6,769.00 -12.00 410.00
2013-09-30 6,754.00 29.00 407.00
2013-06-30 6,800.00 246.00 409.00
2013-03-31 6,936.00 238.00 414.00
2012-12-31 7,224.00 269.00 424.00
2012-09-30 7,510.00 253.00 413.00
2012-06-30 7,735.00 311.00 425.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Dana has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Dana used its assets less efficiently than the US Auto Components industry average last year based on Return on Assets.
  • Dana's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Dana's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dana has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Dana's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dana's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dana is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Dana's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Dana's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dana Company Filings, last reported 2 months ago.

NYSE:DAN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,644.00 2,572.00 403.00
2018-12-31 1,542.00 1,901.00 531.00
2018-09-30 1,467.00 1,955.00 358.00
2018-06-30 1,400.00 1,970.00 376.00
2018-03-31 1,264.00 2,021.00 520.00
2017-12-31 1,161.00 1,976.00 643.00
2017-09-30 1,344.00 1,791.00 596.00
2017-06-30 1,272.00 1,872.00 604.00
2017-03-31 1,227.00 1,836.00 454.00
2016-12-31 1,242.00 1,676.00 737.00
2016-09-30 870.00 1,665.00 853.00
2016-06-30 838.00 1,668.00 909.00
2016-03-31 884.00 1,601.00 833.00
2015-12-31 831.00 1,575.00 953.00
2015-09-30 1,051.00 1,606.00 974.00
2015-06-30 1,109.00 1,623.00 1,063.00
2015-03-31 1,097.00 1,625.00 1,050.00
2014-12-31 1,180.00 1,653.00 1,290.00
2014-09-30 1,333.00 1,609.00 1,272.00
2014-06-30 1,426.00 1,605.00 1,340.00
2014-03-31 1,377.00 1,600.00 1,260.00
2013-12-31 1,413.00 1,624.00 1,366.00
2013-09-30 1,335.00 1,632.00 1,226.00
2013-06-30 1,911.00 898.00 1,127.00
2013-03-31 1,948.00 923.00 1,044.00
2012-12-31 1,948.00 904.00 1,119.00
2012-09-30 2,027.00 936.00 1,004.00
2012-06-30 1,950.00 954.00 941.00
  • Dana's level of debt (156.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (116.2% vs 156.4% today).
  • Debt is well covered by operating cash flow (22.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7x coverage).
X
Financial health checks
We assess Dana's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dana has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.27%
Current annual income from Dana dividends. Estimated to be 2.55% next year.
If you bought $2,000 of Dana shares you are expected to receive $45 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Dana's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
  • Dana's dividend is below the markets top 25% of dividend payers in United States of America (3.73%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:DAN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
United States of America Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:DAN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.40 1.00
2021-12-31 0.44 3.00
2020-12-31 0.47 6.00
2019-12-31 0.44 6.00
NYSE:DAN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-01 0.400 2.410
2019-02-13 0.400 2.103
2018-10-24 0.400 2.635
2018-07-24 0.400 2.102
2018-04-26 0.400 1.797
2018-02-16 0.400 1.522
2017-10-25 0.240 0.756
2017-05-08 0.240 1.014
2017-02-16 0.240 1.266
2016-10-27 0.240 1.318
2016-07-27 0.240 1.652
2016-04-28 0.240 2.034
2016-02-23 0.240 1.817
2015-10-28 0.240 1.771
2015-07-29 0.240 1.390
2015-04-30 0.240 1.146
2015-02-25 0.200 0.937
2014-10-29 0.200 0.939
2014-08-04 0.200 0.959
2014-05-02 0.200 0.881
2014-02-26 0.200 0.900
2013-10-25 0.200 1.020
2013-07-23 0.200 0.904
2013-04-23 0.200 1.073
2013-02-27 0.200 1.170
2012-10-26 0.200 1.326
2012-07-26 0.200 1.503
2012-04-25 0.200 1.552
2012-02-22 0.200 1.295

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Dana has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Dana only paid a dividend in the past 7 years.
Current Payout to shareholders
What portion of Dana's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (7.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (8.7x coverage).
X
Income/ dividend checks
We assess Dana's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dana afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dana has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Kamsickas
COMPENSATION $10,349,940
AGE 51
TENURE AS CEO 3.8 years
CEO Bio

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 automotive interiors management experience, Mr. Kamsickas led Lear Corporation's Interior Systems Division, which was named IAC in April 2007. He joined Dana in August 2015. He served as the Chief Executive Officer and President of IAC International Automotive India Pvt. Ltd. He served as Chief Executive Officer at International Automotive Components Group GmbH since April 15, 2012 and served as its President. Mr. Kamsickas was responsible for overall strategic direction and leadership of IAC. He served as Chief Executive Officer and President of International Automotive Components Group until August 2015. Mr. Kamsickas served as the Chief Executive Officer of International Automotive Components Group, S.A. from March 2012 to August 6, 2015 and served as its President until August 6, 2015; Co-Chief Executive Officer from January 2011 to April 2012; and President of North America and Asia from April 2007 to April 2012. Mr. Kamsickas served as the Chief Executive Officer and President of International Automotive Components Group North America, Inc until April 15, 2012. He served as Co-Chief Executive Officer and President of North America & Asia at International Automotive Components Group S.a.r.L. He served as Vice President of Lear's North American Operations for Interior, Seating and Electrical/Electronics Divisions, Vice President of its Ford Division Truck/SUV Sales and Program Management Unit as well as various international assignments. Mr. Kamsickas has been a Director of Dana Incorporated since August 11, 2015. He serves as a Director of Reyes Automotive Group, LLC. He served as Director of International Automotive Components Group North America, Inc. until August 6, 2015. He served as a of International Automotive Components Group, S.A. from 2012 to August 06, 2015 and International Automotive Components Group until August 06, 2015. He served as a Director of International Automotive Components Group S.a.r.L. since 2012. In addition to serving as a select member of the supplier councils for Fiat Chrysler, Ford, and General Motors, Mr. Kamsickas also represented the interests of the automotive supply industry in U.S. congressional and senatorial proceedings in Washington D.C., in 2008. He currently serves on the Board of Trustees of the Manufacturers Alliance for Productivity and Innovation (MAPI) and is a member of the Toledo Rotary Foundation. In addition, he supports numerous local United Way initiatives, both personally and professionally. In January of 2017, the White House named Mr. Kamsickas to a panel of business leaders and this year he was ranked as the top executive in the region among large companies in employee surveys conducted by The (Toledo) Blade. Mr. Kamsickas holds Bachelor's Degree in Business Administration from Central Michigan University and an Executive Master's of Business Administration degree from Michigan State University.

CEO Compensation
  • Jim's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jim's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Dana management team in years:

3.3
Average Tenure
51
Average Age
  • The tenure for the Dana management team is about average.
Management Team

Jim Kamsickas

TITLE
President
COMPENSATION
$10M
AGE
51
TENURE
3.8 yrs

Jonathan Collins

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
38
TENURE
3.3 yrs

Mark Wallace

TITLE
Executive VP and President of Dana Commercial Vehicle Driveline Tech.
COMPENSATION
$3M
AGE
51
TENURE
8 yrs

Aziz Aghili

TITLE
Executive VP and President of Off-Highway Drive & Motion Systems
COMPENSATION
$4M
AGE
59
TENURE
7.9 yrs

Bob Pyle

TITLE
President of Light Vehicle Driveline Technologies
COMPENSATION
$2M
AGE
51
TENURE
5.4 yrs

Carl Beckwith

TITLE
Senior Vice President of Global Operations
TENURE
0.9 yrs

James Kellett

TITLE
VP & Chief Accounting Officer
TENURE
0.6 yrs

Christophe Dominiak

TITLE
Senior VP & CTO
TENURE
1.8 yrs

Matt Fahnestock

TITLE
VP & Chief Information Officer
TENURE
1.8 yrs

Craig Barber

TITLE
Senior Director of Investor Relations and Strategic Planning
Board of Directors Tenure

Average tenure and age of the Dana board of directors in years:

2.5
Average Tenure
59
Average Age
  • The average tenure for the Dana board of directors is less than 3 years, this suggests a new board.
Board of Directors

Keith Wandell

TITLE
Non-Executive Chairman & Lead Independent Director
COMPENSATION
$353K
AGE
68
TENURE
2.7 yrs

Jim Kamsickas

TITLE
President
COMPENSATION
$10M
AGE
51
TENURE
3.8 yrs

Ginny Kamsky

TITLE
Director
COMPENSATION
$253K
AGE
63
TENURE
7.8 yrs

R. McDonald

TITLE
Director
COMPENSATION
$257K
AGE
57
TENURE
5.3 yrs

Rachel Gonzalez

TITLE
Director
COMPENSATION
$243K
AGE
48
TENURE
2.3 yrs

Raymond Mabus

TITLE
Director
COMPENSATION
$243K
AGE
69
TENURE
2.3 yrs

Diarmuid O'Connell

TITLE
Director
COMPENSATION
$229K
AGE
54
TENURE
1.3 yrs

Mike Mack

TITLE
Director
COMPENSATION
$227K
AGE
61
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • Dana individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
20. May 19 Sell James Kellett Individual 17. May 19 17. May 19 -2,825 $16.05 $-45,342
X
Management checks
We assess Dana's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dana has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Dana Incorporated (NYSE:DAN): What Are The Future Prospects?

Since Dana Incorporated (NYSE:DAN) released its earnings in March 2019, it seems that analyst expectations are fairly bearish, as a 13% rise in profits is expected in the upcoming year, relative to the higher past 5-year average growth rate of 16%. … I've plotted out each year's earnings expectations and inserted a line of best fit to calculate an annual growth rate from the slope in order to understand the overall trajectory of DAN's earnings growth over these next few years. … NYSE:DAN Past and Future Earnings, June 14th 2019 From the current net income level of US$427m and the final forecast of US$539m by 2022, the annual rate of growth for DAN’s earnings is 6.0%.

Simply Wall St -

Here's Why I Think Dana (NYSE:DAN) Might Deserve Your Attention Today

Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. … Although Dana certainly looks good to me, I would like it more if insiders were buying up shares. … If you like to see insider buying, too, then this free list of growing companies that insiders are buying, could be exactly what you're looking for.

Simply Wall St -

Should You Worry About Dana Incorporated's (NYSE:DAN) CEO Pay Cheque?

View our latest analysis for Dana How Does Jim Kamsickas's Compensation Compare With Similar Sized Companies? … As you can see, Jim Kamsickas is paid more than the median CEO pay at companies of a similar size, in the same market. … We compared the total CEO remuneration paid by Dana Incorporated, and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

Is It Too Late To Consider Buying Dana Incorporated (NYSE:DAN)?

saw a decent share price growth in the teens level on the NYSE over the last few months. … With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price? … However, could the stock still be trading at a relatively cheap price

Simply Wall St -

Is Dana Incorporated (NYSE:DAN) Investing Effectively In Its Business?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Why We Think Dana Incorporated (NYSE:DAN) Could Be Worth Looking At

Dana Incorporated (NYSE:DAN) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective. … If you're interested in understanding beyond my broad commentary,

Simply Wall St -

Does Market Volatility Impact Dana Incorporated's (NYSE:DAN) Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

Should Dana Incorporated (NYSE:DAN) Be Part Of Your Dividend Portfolio?

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Does Dana tick all the boxes of a great dividend stock? … 5 questions to ask before buying a dividend stock

Simply Wall St -

Is Dana Incorporated's (NYSE:DAN) Balance Sheet A Threat To Its Future?

DAN’s financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns. … Don’t forget that this is a general and concentrated examination of Dana’s financial health, so you should conduct further analysis. … DAN’s Debt (And Cash Flows)

Simply Wall St -

Should Dana (NYSE:DAN) Be Disappointed With Their 38% Profit?

Notably, the Dana Incorporated (NYSE:DAN) share price has gained 38% in three years, which is better than the average market return. … During three years of share price growth, Dana achieved compound earnings per share growth of 45% per year. … The average annual share price increase of 11% is actually lower than the EPS growth.

Simply Wall St -

Company Info

Description

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. The company operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Drive and Motion Technologies, and Power Technologies. The Light Vehicle Driveline Technologies 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 Driveline Technologies segment provides steer and drive axles, driveshafts, and tire inflation systems for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Technologies segment manufactures front and rear axles, driveshafts, transmissions, torque converters, industrial gear boxes, tire inflation systems, and electronic controls; wheel, track, and winch planetary drives; and hydraulic valves, pumps, and motors 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. Dana Incorporated has a strategic partnership with Hyliion Inc. 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.

Details
Name: Dana Incorporated
DAN
Exchange: NYSE
Founded: 1904
$2,537,182,346
143,912,782
Website: http://www.dana.com
Address: Dana Incorporated
3939 Technology Drive,
Maumee,
Ohio, 43537,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DAN Common Stock New York Stock Exchange US USD 01. Feb 2008
DB 4DH Common Stock Deutsche Boerse AG DE EUR 01. Feb 2008
Number of employees
Current staff
Staff numbers
37,100
Dana employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 00:22
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/05/21
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.