Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. More Details
Undervalued with solid track record.
Share Price & News
How has Danaos's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DAC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: DAC's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DAC exceeded the US Shipping industry which returned 101.8% over the past year.
Return vs Market: DAC exceeded the US Market which returned 34.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Danaos's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Danaos Corporation (NYSE:DAC) Potentially Undervalued?
3 weeks ago | Simply Wall StIs Danaos (NYSE:DAC) A Risky Investment?
1 month ago | Simply Wall StWhy Danaos Corporation (NYSE:DAC) Looks Like A Quality Company
Is Danaos undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DAC ($69.23) is trading below our estimate of fair value ($538.68)
Significantly Below Fair Value: DAC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DAC is good value based on its PE Ratio (2x) compared to the US Shipping industry average (8.7x).
PE vs Market: DAC is good value based on its PE Ratio (2x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: DAC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DAC is good value based on its PB Ratio (0.8x) compared to the US Shipping industry average (1x).
How is Danaos forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DAC's earnings are forecast to decline over the next 3 years (-24.2% per year).
Earnings vs Market: DAC's earnings are forecast to decline over the next 3 years (-24.2% per year).
High Growth Earnings: DAC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DAC's revenue (10.1% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: DAC's revenue (10.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DAC's Return on Equity is forecast to be low in 3 years time (16%).
How has Danaos performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DAC has a high level of non-cash earnings.
Growing Profit Margin: DAC's current net profit margins are higher than last year (30.4%).
Past Earnings Growth Analysis
Earnings Trend: DAC's earnings have grown significantly by 58.2% per year over the past 5 years.
Accelerating Growth: DAC's earnings growth over the past year (458.6%) exceeds its 5-year average (58.2% per year).
Earnings vs Industry: DAC earnings growth over the past year (458.6%) exceeded the Shipping industry 213.2%.
Return on Equity
High ROE: DAC's Return on Equity (44.1%) is considered outstanding.
How is Danaos's financial position?
Financial Position Analysis
Short Term Liabilities: DAC's short term assets ($348.5M) exceed its short term liabilities ($228.8M).
Long Term Liabilities: DAC's short term assets ($348.5M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: DAC's debt to equity ratio (66.2%) is considered high.
Reducing Debt: DAC's debt to equity ratio has reduced from 284.1% to 66.2% over the past 5 years.
Debt Coverage: DAC's debt is well covered by operating cash flow (30.1%).
Interest Coverage: DAC's interest payments on its debt are well covered by EBIT (5.2x coverage).
What is Danaos's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DAC's dividend (2.89%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: DAC's dividend (2.89%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether DAC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DAC's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (1.4%), DAC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DAC's dividends in 3 years are forecast to be thoroughly covered by earnings (12.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Coustas (65 yo)
Dr. John Coustas serves as the Chairman, Chief Executive Officer and President of Danaos Corporation. He serves as a Member of the Council at Det Norske Veritas. Dr. Coustas has many years of experience in...
Experienced Board: DAC's board of directors are seasoned and experienced ( 11 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Danaos Corporation's company bio, employee growth, exchange listings and data sources
- Name: Danaos Corporation
- Ticker: DAC
- Exchange: NYSE
- Founded: 1972
- Industry: Marine
- Sector: Transportation
- Market Cap: US$1.426b
- Shares outstanding: 20.60m
- Website: https://www.danaos.com
Number of Employees
- Danaos Corporation
- 14 Akti Kondyli
- 185 45
Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as charteri...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 23:46|
|End of Day Share Price||2021/08/03 00:00|
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.