Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DAC exceeded the US Shipping industry which returned -24.7% over the past year.
Return vs Market: DAC underperformed the US Market which returned 18% over the past year.
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
2 weeks ago | Simply Wall StHere's Why We Don't Think Danaos's (NYSE:DAC) Statutory Earnings Reflect Its Underlying Earnings Potential
1 month ago | Simply Wall StOur Take On The Returns On Capital At Danaos (NYSE:DAC)
2 months ago | Simply Wall StSome Danaos (NYSE:DAC) Shareholders Have Copped A 95% Share Price Wipe Out
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 ($5.51) is trading below our estimate of fair value ($37.88)
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 (0.8x) compared to the US Shipping industry average (9.2x).
PE vs Market: DAC is good value based on its PE Ratio (0.8x) compared to the US market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DAC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DAC is good value based on its PB Ratio (0.1x) compared to the US Shipping industry average (0.4x).
How is Danaos forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if DAC's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if DAC's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DAC's revenue is expected to decline over the next 3 years (-0.5% per year).
High Growth Revenue: DAC's revenue is forecast to decline over the next 3 years (-0.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if DAC's Return on Equity is forecast to be high in 3 years time
How has Danaos performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DAC has high quality earnings.
Growing Profit Margin: DAC's current net profit margins (30.4%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: DAC has become profitable over the past 5 years, growing earnings by 12% per year.
Accelerating Growth: DAC's earnings growth over the past year (1437%) exceeds its 5-year average (12% per year).
Earnings vs Industry: DAC earnings growth over the past year (1437%) exceeded the Shipping industry -54.6%.
Return on Equity
High ROE: DAC's Return on Equity (14.2%) is considered low.
How is Danaos's financial position?
Financial Position Analysis
Short Term Liabilities: DAC's short term assets ($144.7M) do not cover its short term liabilities ($238.9M).
Long Term Liabilities: DAC's short term assets ($144.7M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: DAC's debt to equity ratio (143.5%) is considered high.
Reducing Debt: DAC's debt to equity ratio has reduced from 376% to 143.5% over the past 5 years.
Debt Coverage: DAC's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: DAC's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Danaos's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DAC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DAC'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 DAC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DAC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DAC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DAC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Coustas (64 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 over 25 years of experience ...
|Chairman||no data||no data||31.21% |
|Senior VP||22.58yrs||no data||1.0% |
|Independent Director||13.83yrs||no data||no data|
|Independent Director||13.83yrs||no data||0.062% |
|Independent Director||6.08yrs||no data||no data|
|Director||0.083yr||no data||no data|
|Independent Director||2.17yrs||no data||no data|
Experienced Board: DAC's board of directors are considered experienced (10 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 61.3%.
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$136.589m
- Shares outstanding: 24.79m
- Website: https://www.danaos.com
- Danaos Corporation
- 14 Akti Kondyli
- 185 45
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DAC||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Oct 2006|
|DVW1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2006|
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||2020/08/15 06:16|
|End of Day Share Price||2020/08/14 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.