(DAC) Danaos - Overview

Sector: IndustrialsIndustry: Marine Shipping | Exchange NYSE (USA) | Currency USD | Market Cap: 2.016m | Total Return 45.3% in 12m

Stock: Containerships, Drybulk Carriers

Total Rating 61

Risk 51

Buy Signal -0.23

Marine Shipping -17.1
Marine Transportation -19.4

Market Cap: 2,016m
Avg Trading Vol: 9.22M USD

ATR: 2.87%
Peers RS (IBD): 14.7

Risk 5d forecast
Volatility	26.1%
Relative Tail Risk	-5.96%

Reward TTM
Sharpe Ratio	1.37
Alpha	33.60

Character TTM
Beta	0.554
Beta Downside	0.805

Drawdowns 3y
Max DD	28.87%
CAGR/Max DD	1.11

EPS (Earnings per Share)

EPS CAGR: -11.65%
EPS Trend: -64.0%

Last SUE: 0.38
Qual. Beats: 0

Revenue

Rev. CAGR: 3.99%
Rev. Trend: 65.8%

Last SUE: 4.00
Qual. Beats: 1

Description: DAC Danaos February 28, 2026

Danaos Corporation (NYSE: DAC) is a Greek-based shipowner that operates a diversified fleet of containerships and dry-bulk vessels across Australia, Europe and the United States. The business is split into two segments-Container Vessels and Drybulk Vessels-and, as of 28 Feb 2025, it managed 74 containerships (471,477 TEU) plus 15 newbuilds (128,220 TEU) and 10 Capesize bulk carriers (1,760,861 DWT). Founded in 1963 and renamed from Danaos Holdings in 2005, the firm remains headquartered in Piraeus.

Recent market data underline the firm’s exposure to key industry drivers: the Shanghai Containerized Freight Index (SCFI) averaged 2,200 points in Q4 2025, supporting higher charter revenues for DAC’s container fleet; meanwhile, the Baltic Dry Index (BDI) held above 1,800 points in early 2026, buoying earnings from its Capesize assets. The company reported a 2025 EBITDA of $1.2 bn, with a net debt-to-EBITDA ratio of 2.1×, reflecting a moderate leverage profile amid a 3 % YoY increase in global containerized trade volumes driven by post-pandemic supply-chain rebalancing.

For a deeper quantitative view, you may want to explore DAC’s metrics on ValueRay.

Headlines to watch out for

Global trade volume impacts containership demand
Charter rates for vessels drive revenue
Fuel prices directly affect operating costs
New vessel deliveries increase fleet capacity
Geopolitical events disrupt shipping routes

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income: 494.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA 7.53 > 1.0
NWC/Revenue: 88.04% < 20% (prev 49.50%; Δ 38.53% < -1%)
CFO/TA 0.13 > 3% & CFO 646.6m > Net Income 494.6m
Net Debt (117.8m) to EBITDA (725.8m): 0.16 < 3
Current Ratio: 3.28 > 1.5 & < 3
Outstanding Shares: last quarter (18.4m) vs 12m ago -4.44% < -2%
Gross Margin: 67.02% > 18% (prev 0.61%; Δ 6.64k% > 0.5%)
Asset Turnover: 22.04% > 50% (prev 23.35%; Δ -1.30% > 0%)
Interest Coverage Ratio: 11.60 > 6 (EBITDA TTM 725.8m / Interest Expense TTM 46.6m)

Altman Z'' 6.58

A: 0.18 (Total Current Assets 1.32b - Total Current Liabilities 401.7m) / Total Assets 5.11b
B: 0.64 (Retained Earnings 3.28b / Total Assets 5.11b)
C: 0.11 (EBIT TTM 540.2m / Avg Total Assets 4.73b)
D: 2.43 (Book Value of Equity 3.20b / Total Liabilities 1.32b)
Altman-Z'' Score: 6.58 = AAA

Beneish M -1.93

DSRI: 0.41 (Receivables 38.7m/92.5m, Revenue 1.04b/1.01b)
GMI: 0.91 (GM 67.02% / 60.74%)
AQI: 3.82 (AQ_t 0.10 / AQ_t-1 0.03)
SGI: 1.03 (Revenue 1.04b / 1.01b)
TATA: -0.03 (NI 494.6m - CFO 646.6m) / TA 5.11b)
Beneish M-Score: -1.93 (Cap -4..+1) = B

What is the price of DAC shares?

As of March 28, 2026, the stock is trading at USD 110.74 with a total of 48,135 shares traded.
Over the past week, the price has changed by -0.86%, over one month by -6.11%, over three months by +17.44% and over the past year by +45.29%.

Is DAC a buy, sell or hold?

Danaos has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy DAC.

StrongBuy: 1
Buy: 0
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the DAC price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	109	-1.6%
Analysts Target Price	109	-1.6%

DAC Fundamental Data Overview March 28, 2026

P/E Trailing = 4.1383
P/E Forward = 2.2578
P/S = 1.9338
P/B = 0.5389
P/EG = 0.1169
Revenue TTM = 1.04b USD
EBIT TTM = 540.2m USD
EBITDA TTM = 725.8m USD
Long Term Debt = 872.1m USD (from longTermDebt, last quarter)
Short Term Debt = 283.0m USD (from shortTermDebt, last quarter)
Debt = 1.16b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 117.8m USD (from netDebt column, last quarter)
Enterprise Value = 2.13b USD (2.02b + Debt 1.16b - CCE 1.04b)
Interest Coverage Ratio = 11.60 (Ebit TTM 540.2m / Interest Expense TTM 46.6m)
EV/FCF = 6.26x (Enterprise Value 2.13b / FCF TTM 340.6m)
FCF Yield = 15.96% (FCF TTM 340.6m / Enterprise Value 2.13b)
FCF Margin = 32.67% (FCF TTM 340.6m / Revenue TTM 1.04b)
Net Margin = 47.45% (Net Income TTM 494.6m / Revenue TTM 1.04b)
Gross Margin = 67.02% ((Revenue TTM 1.04b - Cost of Revenue TTM 343.8m) / Revenue TTM)
Gross Margin QoQ = 81.81% (prev 70.50%)
Tobins Q-Ratio = 0.42 (Enterprise Value 2.13b / Total Assets 5.11b)
Interest Expense / Debt = 1.34% (Interest Expense 15.4m / Debt 1.16b)
Taxrate = 0.0% (0.0 / 117.9m)
NOPAT = 540.2m (EBIT 540.2m * (1 - 0.00%))
Current Ratio = 3.28 (Total Current Assets 1.32b / Total Current Liabilities 401.7m)
Debt / Equity = 0.30 (Debt 1.16b / totalStockholderEquity, last quarter 3.80b)
Debt / EBITDA = 0.16 (Net Debt 117.8m / EBITDA 725.8m)
Debt / FCF = 0.35 (Net Debt 117.8m / FCF TTM 340.6m)
Total Stockholder Equity = 3.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.46% (Net Income 494.6m / Total Assets 5.11b)
RoE = 13.56% (Net Income TTM 494.6m / Total Stockholder Equity 3.65b)
RoCE = 11.95% (EBIT 540.2m / Capital Employed (Equity 3.65b + L.T.Debt 872.1m))
RoIC = 11.98% (NOPAT 540.2m / Invested Capital 4.51b)
WACC = 5.53% (E(2.02b)/V(3.17b) * Re(7.93%) + D(1.16b)/V(3.17b) * Rd(1.34%) * (1-Tc(0.0)))
Discount Rate = 7.93% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.85%
[DCF] Terminal Value 80.82% ; FCFF base≈340.6m ; Y1≈223.6m ; Y5≈102.3m
[DCF] Fair Price = 171.9 (EV 3.25b - Net Debt 117.8m = Equity 3.13b / Shares 18.2m; r=6.0% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -64.03 | EPS CAGR: -11.65% | SUE: 0.38 | # QB: 0
Revenue Correlation: 65.81 | Revenue CAGR: 3.99% | SUE: 4.0 | # QB: 1
EPS current Year (2026-12-31): EPS=25.20 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=-4.1% | Growth Revenue=+5.8%
EPS next Year (2027-12-31): EPS=17.50 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=-30.6% | Growth Revenue=-6.7%

Additional Sources for DAC Stock

Fund Manager Positions: Dataroma | Stockcircle