DANAOS CORP (DAC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DAC - MHY1968P1218 - Common Stock
93.91 USD
-0.11 (-0.12%)
93.91 USD
0 (0%)
Overall DAC gets a fundamental rating of 6 out of 10. We evaluated DAC against 35 industry peers in the Marine Transportation industry. Both the health and profitability get an excellent rating, making DAC a very profitable company, without any liquidiy or solvency issues. DAC is valued quite cheap, but it does not seem to be growing. With these ratings, DAC could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
DAC had positive earnings in the past year.
In the past year DAC had a positive cash flow from operations.
Each year in the past 5 years DAC has been profitable.
Each year in the past 5 years DAC had a positive operating cash flow.
1.2 Ratios
The Return On Assets of DAC (10.12%) is better than 85.71% of its industry peers.
Looking at the Return On Equity, with a value of 12.59%, DAC is in the better half of the industry, outperforming 77.14% of the companies in the same industry.
The Return On Invested Capital of DAC (8.98%) is better than 77.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DAC is significantly below the industry average of 19.13%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.12% | ||
| ROE | 12.59% | ||
| ROIC | 8.98% |
ROA(3y)14.61%
ROA(5y)15.7%
ROE(3y)18.56%
ROE(5y)24.19%
ROIC(3y)12.84%
ROIC(5y)10.69%
1.3 Margins
DAC's Profit Margin of 45.16% is amongst the best of the industry. DAC outperforms 88.57% of its industry peers.
In the last couple of years the Profit Margin of DAC has grown nicely.
DAC's Operating Margin of 48.62% is amongst the best of the industry. DAC outperforms 88.57% of its industry peers.
In the last couple of years the Operating Margin of DAC has grown nicely.
DAC has a Gross Margin of 74.00%. This is amongst the best in the industry. DAC outperforms 88.57% of its industry peers.
DAC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.62% | ||
| PM (TTM) | 45.16% | ||
| GM | 74% |
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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DAC is creating some value.
DAC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, DAC has less shares outstanding
Compared to 1 year ago, DAC has a worse debt to assets ratio.
2.2 Solvency
DAC has an Altman-Z score of 2.87. 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 a decent Altman-Z score value of 2.87, DAC is doing good in the industry, outperforming 77.14% of the companies in the same industry.
DAC has a debt to FCF ratio of 2.18. This is a good value and a sign of high solvency as DAC would need 2.18 years to pay back of all of its debts.
DAC has a better Debt to FCF ratio (2.18) than 80.00% of its industry peers.
DAC has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of DAC (0.18) is better than 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.18 | ||
| Altman-Z | 2.87 |
ROIC/WACC1.13
WACC7.92%
2.3 Liquidity
DAC has a Current Ratio of 4.62. This indicates that DAC is financially healthy and has no problem in meeting its short term obligations.
DAC's Current ratio of 4.62 is amongst the best of the industry. DAC outperforms 88.57% of its industry peers.
DAC has a Quick Ratio of 4.51. This indicates that DAC is financially healthy and has no problem in meeting its short term obligations.
DAC's Quick ratio of 4.51 is amongst the best of the industry. DAC outperforms 88.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.62 | ||
| Quick Ratio | 4.51 |
3. Growth
3.1 Past
DAC shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.89%.
The Earnings Per Share has been growing by 24.25% on average over the past years. This is a very strong growth
DAC shows a small growth in Revenue. In the last year, the Revenue has grown by 2.90%.
Measured over the past years, DAC shows a quite strong growth in Revenue. The Revenue has been growing by 17.79% on average per year.
EPS 1Y (TTM)-4.89%
EPS 3Y15.86%
EPS 5Y24.25%
EPS Q2Q%3.85%
Revenue 1Y (TTM)2.9%
Revenue growth 3Y13.72%
Revenue growth 5Y17.79%
Sales Q2Q%9.01%
3.2 Future
Based on estimates for the next years, DAC will show a decrease in Earnings Per Share. The EPS will decrease by -9.85% on average per year.
Based on estimates for the next years, DAC will show a decrease in Revenue. The Revenue will decrease by -2.34% on average per year.
EPS Next Y-3.46%
EPS Next 2Y-2.05%
EPS Next 3Y-9.85%
EPS Next 5YN/A
Revenue Next Year-1.96%
Revenue Next 2Y-0.34%
Revenue Next 3Y-2.34%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
DAC is valuated cheaply with a Price/Earnings ratio of 3.60.
85.71% of the companies in the same industry are more expensive than DAC, based on the Price/Earnings ratio.
DAC's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.54.
The Price/Forward Earnings ratio is 3.58, which indicates a rather cheap valuation of DAC.
85.71% of the companies in the same industry are more expensive than DAC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, DAC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.6 | ||
| Fwd PE | 3.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DAC is valued a bit cheaper than 77.14% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, DAC is valued a bit cheaper than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.99 | ||
| EV/EBITDA | 2.47 |
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 -9.85% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.15
EPS Next 2Y-2.05%
EPS Next 3Y-9.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.68%, DAC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.11, DAC pays a bit more dividend than its industry peers.
DAC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
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
5.3 Sustainability
13.56% of the earnings are spent on dividend by DAC. This is a low number and sustainable payout ratio.
The Dividend Rate of DAC has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP13.56%
EPS Next 2Y-2.05%
EPS Next 3Y-9.85%
93.91
-0.11 (-0.12%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners20.39%
Inst Owner Change2.01%
Ins Owners1.41%
Ins Owner ChangeN/A
Market Cap1.72B
Revenue(TTM)1.03B
Net Income(TTM)467.13M
Analysts80
Price Target106.08 (12.96%)
Short Float %5.43%
Short Ratio6.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
Yearly Dividend3.27
Dividend Growth(5Y)-33.95%
DP13.56%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.67%
Min EPS beat(2)-5.88%
Max EPS beat(2)-5.47%
EPS beat(4)1
Avg EPS beat(4)-3.76%
Min EPS beat(4)-7.07%
Max EPS beat(4)3.36%
EPS beat(8)1
Avg EPS beat(8)-5.93%
EPS beat(12)3
Avg EPS beat(12)-2.68%
EPS beat(16)7
Avg EPS beat(16)8.63%
Revenue beat(2)2
Avg Revenue beat(2)2.59%
Min Revenue beat(2)0.17%
Max Revenue beat(2)5%
Revenue beat(4)2
Avg Revenue beat(4)0.03%
Min Revenue beat(4)-2.79%
Max Revenue beat(4)5%
Revenue beat(8)3
Avg Revenue beat(8)-0.69%
Revenue beat(12)7
Avg Revenue beat(12)1.56%
Revenue beat(16)11
Avg Revenue beat(16)3.86%
PT rev (1m)2.46%
PT rev (3m)2.46%
EPS NQ rev (1m)-1.68%
EPS NQ rev (3m)-2.05%
EPS NY rev (1m)-0.82%
EPS NY rev (3m)-1.18%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)-0.49%
Revenue NY rev (3m)-0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.6 | ||
| Fwd PE | 3.58 | ||
| P/S | 1.66 | ||
| P/FCF | 4.99 | ||
| P/OCF | 2.76 | ||
| P/B | 0.46 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | 2.47 |
EPS(TTM)26.08
EY27.77%
EPS(NY)26.25
Fwd EY27.95%
FCF(TTM)18.81
FCFY20.03%
OCF(TTM)33.97
OCFY36.17%
SpS56.49
BVpS202.65
TBVpS202.65
PEG (NY)N/A
PEG (5Y)0.15
Graham Number344.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.12% | ||
| ROE | 12.59% | ||
| ROCE | 11.36% | ||
| ROIC | 8.98% | ||
| ROICexc | 10.7% | ||
| ROICexgc | 10.7% | ||
| OM | 48.62% | ||
| PM (TTM) | 45.16% | ||
| GM | 74% | ||
| FCFM | 33.3% |
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%
ROICexgc growth 3Y8.88%
ROICexgc 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-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 2.18 | ||
| Debt/EBITDA | 1.02 | ||
| Cap/Depr | 170.97% | ||
| Cap/Sales | 26.82% | ||
| Interest Coverage | 14.1 | ||
| Cash Conversion | 93.49% | ||
| Profit Quality | 73.74% | ||
| Current Ratio | 4.62 | ||
| Quick Ratio | 4.51 | ||
| Altman-Z | 2.87 |
F-Score6
WACC7.92%
ROIC/WACC1.13
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)-4.89%
EPS 3Y15.86%
EPS 5Y24.25%
EPS Q2Q%3.85%
EPS Next Y-3.46%
EPS Next 2Y-2.05%
EPS Next 3Y-9.85%
EPS Next 5YN/A
Revenue 1Y (TTM)2.9%
Revenue growth 3Y13.72%
Revenue growth 5Y17.79%
Sales Q2Q%9.01%
Revenue Next Year-1.96%
Revenue Next 2Y-0.34%
Revenue Next 3Y-2.34%
Revenue Next 5YN/A
EBIT growth 1Y-6.41%
EBIT growth 3Y14.12%
EBIT growth 5Y21.5%
EBIT Next Year30.29%
EBIT Next 3Y5.33%
EBIT Next 5YN/A
FCF growth 1Y0.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y8.04%
OCF growth 3Y13.25%
OCF growth 5Y23.11%
DANAOS CORP / DAC FAQ
What is the fundamental rating for DAC stock?
ChartMill assigns a fundamental rating of 6 / 10 to DAC.
Can you provide the valuation status for DANAOS CORP?
ChartMill assigns a valuation rating of 7 / 10 to DANAOS CORP (DAC). This can be considered as Undervalued.
What is the profitability of DAC stock?
DANAOS CORP (DAC) has a profitability rating of 8 / 10.
How financially healthy is DANAOS CORP?
The financial health rating of DANAOS CORP (DAC) is 7 / 10.
Can you provide the dividend sustainability for DAC stock?
The dividend rating of DANAOS CORP (DAC) is 5 / 10 and the dividend payout ratio is 13.56%.