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DANAOS CORP (DAC) Stock Fundamental Analysis

NYSE:DAC - New York Stock Exchange, Inc. - MHY1968P1218 - Common Stock - Currency: USD

84.65  +1.02 (+1.22%)

After market: 84.65 0 (0%)

Fundamental Rating

7

DAC gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 32 industry peers in the Marine Transportation industry. DAC scores excellent on profitability, but there are some minor concerns on its financial health. DAC is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

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8

1. Profitability

1.1 Basic Checks

In the past year DAC was profitable.
In the past year DAC had a positive cash flow from operations.
In the past 5 years DAC has always been profitable.
In the past 5 years DAC always reported a positive cash flow from operatings.
DAC Yearly Net Income VS EBIT VS OCF VS FCFDAC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B

1.2 Ratios

DAC has a Return On Assets of 10.58%. This is amongst the best in the industry. DAC outperforms 81.25% of its industry peers.
DAC has a Return On Equity of 13.44%. This is in the better half of the industry: DAC outperforms 75.00% of its industry peers.
The Return On Invested Capital of DAC (9.47%) is better than 78.13% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DAC is above the industry average of 8.12%.
Industry RankSector Rank
ROA 10.58%
ROE 13.44%
ROIC 9.47%
ROA(3y)14.61%
ROA(5y)15.7%
ROE(3y)18.56%
ROE(5y)24.19%
ROIC(3y)12.84%
ROIC(5y)10.69%
DAC Yearly ROA, ROE, ROICDAC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 -60

1.3 Margins

Looking at the Profit Margin, with a value of 46.33%, DAC belongs to the top of the industry, outperforming 84.38% of the companies in the same industry.
DAC's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 50.53%, DAC belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
DAC's Operating Margin has improved in the last couple of years.
The Gross Margin of DAC (74.73%) is better than 87.50% of its industry peers.
DAC's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 50.53%
PM (TTM) 46.33%
GM 74.73%
OM growth 3Y0.35%
OM growth 5Y3.15%
PM growth 3Y-31.16%
PM growth 5Y11.15%
GM growth 3Y-0.61%
GM growth 5Y0.24%
DAC Yearly Profit, Operating, Gross MarginsDAC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 100 150

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6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so DAC is still creating some value.
Compared to 1 year ago, DAC has less shares outstanding
DAC has less shares outstanding than it did 5 years ago.
The debt/assets ratio for DAC is higher compared to a year ago.
DAC Yearly Shares OutstandingDAC Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
DAC Yearly Total Debt VS Total AssetsDAC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

DAC has an Altman-Z score of 2.68. This is not the best score and indicates that DAC is in the grey zone with still only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 2.68, DAC belongs to the best of the industry, outperforming 84.38% of the companies in the same industry.
A Debt/Equity ratio of 0.21 indicates that DAC is not too dependend on debt financing.
DAC's Debt to Equity ratio of 0.21 is fine compared to the rest of the industry. DAC outperforms 71.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF N/A
Altman-Z 2.68
ROIC/WACC1.25
WACC7.58%
DAC Yearly LT Debt VS Equity VS FCFDAC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

A Current Ratio of 4.34 indicates that DAC has no problem at all paying its short term obligations.
With an excellent Current ratio value of 4.34, DAC belongs to the best of the industry, outperforming 90.63% of the companies in the same industry.
DAC has a Quick Ratio of 4.18. This indicates that DAC is financially healthy and has no problem in meeting its short term obligations.
DAC has a better Quick ratio (4.18) than 90.63% of its industry peers.
Industry RankSector Rank
Current Ratio 4.34
Quick Ratio 4.18
DAC Yearly Current Assets VS Current LiabilitesDAC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

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6

3. Growth

3.1 Past

The earnings per share for DAC have decreased by -8.02% in the last year.
DAC shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 24.25% yearly.
DAC shows a small growth in Revenue. In the last year, the Revenue has grown by 3.10%.
The Revenue has been growing by 17.79% on average over the past years. This is quite good.
EPS 1Y (TTM)-8.02%
EPS 3Y15.86%
EPS 5Y24.25%
EPS Q2Q%-15.52%
Revenue 1Y (TTM)3.1%
Revenue growth 3Y13.72%
Revenue growth 5Y17.79%
Sales Q2Q%-0.06%

3.2 Future

The Earnings Per Share is expected to decrease by -8.88% on average over the next years.
Based on estimates for the next years, DAC will show a very strong growth in Revenue. The Revenue will grow by 872.38% on average per year.
EPS Next Y-1.12%
EPS Next 2Y-1.51%
EPS Next 3Y-8.88%
EPS Next 5YN/A
Revenue Next Year2.45%
Revenue Next 2Y0.93%
Revenue Next 3Y872.38%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
DAC Yearly Revenue VS EstimatesDAC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200B 400B 600B 800B
DAC Yearly EPS VS EstimatesDAC Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 10 20 30

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6

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 3.22 indicates a rather cheap valuation of DAC.
Based on the Price/Earnings ratio, DAC is valued a bit cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.82. DAC is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 3.19, the valuation of DAC can be described as very cheap.
DAC's Price/Forward Earnings ratio is rather cheap when compared to the industry. DAC is cheaper than 84.38% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.76. DAC is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 3.22
Fwd PE 3.19
DAC Price Earnings VS Forward Price EarningsDAC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

DAC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. DAC is cheaper than 81.25% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.6
DAC Per share dataDAC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

The excellent profitability rating of DAC may justify a higher PE ratio.
DAC's earnings are expected to decrease with -8.88% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.13
EPS Next 2Y-1.51%
EPS Next 3Y-8.88%

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5

5. Dividend

5.1 Amount

DAC has a Yearly Dividend Yield of 4.01%, which is a nice return.
Compared to an average industry Dividend Yield of 9.41, DAC has a dividend in line with its industry peers.
DAC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
Industry RankSector Rank
Dividend Yield 4.01%

5.2 History

The dividend of DAC decreases each year by -33.95%.
DAC has been paying a dividend for over 5 years, so it has already some track record.
DAC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-33.95%
Div Incr Years3
Div Non Decr Years3
DAC Yearly Dividends per shareDAC Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

DAC pays out 13.45% of its income as dividend. This is a sustainable payout ratio.
DAC's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP13.45%
EPS Next 2Y-1.51%
EPS Next 3Y-8.88%
DAC Yearly Income VS Free CF VS DividendDAC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B
DAC Dividend Payout.DAC Dividend Payout, showing the Payout Ratio.DAC Dividend Payout.PayoutRetained Earnings

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DANAOS CORP

NYSE:DAC (5/23/2025, 9:25:21 PM)

After market: 84.65 0 (0%)

84.65

+1.02 (+1.22%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)05-13 2025-05-13/amc
Earnings (Next)08-04 2025-08-04/amc
Inst Owners19.04%
Inst Owner Change0.54%
Ins Owners1.45%
Ins Owner ChangeN/A
Market Cap1.57B
Analysts80
Price Target96.39 (13.87%)
Short Float %5.21%
Short Ratio5.1
Dividend
Industry RankSector Rank
Dividend Yield 4.01%
Yearly Dividend3.27
Dividend Growth(5Y)-33.95%
DP13.45%
Div Incr Years3
Div Non Decr Years3
Ex-Date05-27 2025-05-27 (0.85)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.86%
Min EPS beat(2)-7.07%
Max EPS beat(2)3.36%
EPS beat(4)1
Avg EPS beat(4)-4.1%
Min EPS beat(4)-7.73%
Max EPS beat(4)3.36%
EPS beat(8)2
Avg EPS beat(8)-4.54%
EPS beat(12)5
Avg EPS beat(12)2.96%
EPS beat(16)9
Avg EPS beat(16)11.81%
Revenue beat(2)0
Avg Revenue beat(2)-2.53%
Min Revenue beat(2)-2.79%
Max Revenue beat(2)-2.27%
Revenue beat(4)1
Avg Revenue beat(4)-1.85%
Min Revenue beat(4)-4.17%
Max Revenue beat(4)1.83%
Revenue beat(8)3
Avg Revenue beat(8)-0.56%
Revenue beat(12)7
Avg Revenue beat(12)3.37%
Revenue beat(16)10
Avg Revenue beat(16)4.55%
PT rev (1m)-2.58%
PT rev (3m)-2.58%
EPS NQ rev (1m)-6.08%
EPS NQ rev (3m)-6.08%
EPS NY rev (1m)-5.58%
EPS NY rev (3m)-5.58%
Revenue NQ rev (1m)-3.49%
Revenue NQ rev (3m)-3.49%
Revenue NY rev (1m)-1.23%
Revenue NY rev (3m)-1.23%
Valuation
Industry RankSector Rank
PE 3.22
Fwd PE 3.19
P/S 1.55
P/FCF N/A
P/OCF 2.61
P/B 0.45
P/tB 0.45
EV/EBITDA 2.6
EPS(TTM)26.25
EY31.01%
EPS(NY)26.54
Fwd EY31.35%
FCF(TTM)-1
FCFYN/A
OCF(TTM)32.44
OCFY38.32%
SpS54.6
BVpS188.14
TBVpS188.14
PEG (NY)N/A
PEG (5Y)0.13
Profitability
Industry RankSector Rank
ROA 10.58%
ROE 13.44%
ROCE 11.98%
ROIC 9.47%
ROICexc 10.84%
ROICexgc 10.84%
OM 50.53%
PM (TTM) 46.33%
GM 74.73%
FCFM N/A
ROA(3y)14.61%
ROA(5y)15.7%
ROE(3y)18.56%
ROE(5y)24.19%
ROIC(3y)12.84%
ROIC(5y)10.69%
ROICexc(3y)14.28%
ROICexc(5y)11.66%
ROICexgc(3y)14.28%
ROICexgc(5y)11.66%
ROCE(3y)16.25%
ROCE(5y)13.53%
ROICexcg growth 3Y8.88%
ROICexcg growth 5Y10.92%
ROICexc growth 3Y8.88%
ROICexc growth 5Y10.92%
OM growth 3Y0.35%
OM growth 5Y3.15%
PM growth 3Y-31.16%
PM growth 5Y11.15%
GM growth 3Y-0.61%
GM growth 5Y0.24%
F-Score5
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 0.21
Debt/FCF N/A
Debt/EBITDA 1.1
Cap/Depr 401.86%
Cap/Sales 61.24%
Interest Coverage 17.87
Cash Conversion 90.32%
Profit Quality N/A
Current Ratio 4.34
Quick Ratio 4.18
Altman-Z 2.68
F-Score5
WACC7.58%
ROIC/WACC1.25
Cap/Depr(3y)266.68%
Cap/Depr(5y)220.86%
Cap/Sales(3y)37.53%
Cap/Sales(5y)32.84%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-8.02%
EPS 3Y15.86%
EPS 5Y24.25%
EPS Q2Q%-15.52%
EPS Next Y-1.12%
EPS Next 2Y-1.51%
EPS Next 3Y-8.88%
EPS Next 5YN/A
Revenue 1Y (TTM)3.1%
Revenue growth 3Y13.72%
Revenue growth 5Y17.79%
Sales Q2Q%-0.06%
Revenue Next Year2.45%
Revenue Next 2Y0.93%
Revenue Next 3Y872.38%
Revenue Next 5YN/A
EBIT growth 1Y-9.59%
EBIT growth 3Y14.12%
EBIT growth 5Y21.5%
EBIT Next Year33.81%
EBIT Next 3Y5.56%
EBIT Next 5YN/A
FCF growth 1Y-102.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-36.11%
OCF growth 3Y13.25%
OCF growth 5Y23.11%