DAC Stock Analysis: Danaos | NYSE
Marine Shipping | NYSE, USA | Market Cap: 2.586m USD | 12M Return: 55.4% | MHY1968P1218 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.5M
EPS Trend: -64.7%
Qual. Beats: -1
Rev. Trend: 98.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Danaos Corporation (NYSE: DAC) is a Greek-based, U.S.-listed shipping company founded in 1963 and headquartered in Piraeus-one of the worlds leading maritime hubs. Through its subsidiaries, the company owns and operates containerships and drybulk vessels across Australia, Europe, and the United States, providing seaborne transportation services in two reportable segments: Container Vessels and Drybulk Vessels. Its fleet includes 75 containerships aggregating 477,230 TEUs, with 27 additional containerships (173,314 TEUs) under construction, alongside 10 Capesize bulk carriers totaling 1,755,000 DWT and 2 dry bulk newbuilds aggregating 422,000 DWT. The company was formerly known as Danaos Holdings Limited and adopted its current name in October 2005.
The global shipping industry in which Danaos operates is highly cyclical, with charter rates and asset values closely tied to international trade volumes, economic conditions, and supply-demand imbalances in vessel capacity. Container and drybulk shipping represent two distinct segments of maritime freight: containerships typically transport manufactured consumer goods on scheduled liner routes, while drybulk carriers such as Capesize vessels primarily move raw materials like iron ore and coal between industrial economies. Operators in this space are exposed to volatile freight rates, fluctuating fuel costs, and substantial capital expenditure tied to long-lived vessel assets.
- Container charter rates boosted by Red Sea diversions
- Capesize drybulk demand hinges on China iron ore imports
- Heavy newbuild orderbook expands fleet capacity and leverage
| Net Income: 540.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.00 > 1.0 |
| NWC/Revenue: 117.6% < 20% (prev 63.77%; Δ 53.82% < -1%) |
| CFO/TA 0.13 > 3% & CFO 700.2m > Net Income 540.8m |
| Net Debt (-20.7m) to EBITDA (758.2m): -0.03 < 3 |
| Current Ratio: 9.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (18.3m) vs 12m ago -0.76% < -2% |
| Gross Margin: 68.02% > 18% (prev 58.81%; Δ 9.21% > 0.5%) |
| Asset Turnover: 21.17% > 50% (prev 22.78%; Δ -1.61% > 0%) |
| Interest Coverage Ratio: 11.98 > 6 (EBIT TTM 559.3m / Interest Expense TTM 46.7m) |
| A: 0.23 (Total Current Assets 1.39b - Total Current Liabilities 149.5m) / Total Assets 5.45b |
| B: 0.65 (Retained Earnings 3.53b / Total Assets 5.45b) |
| C: 0.11 (EBIT TTM 559.3m / Avg Total Assets 4.98b) |
| D: 2.92 (Book Value of Equity 4.06b / Total Liabilities 1.39b) |
| Altman-Z'' = 7.43 = AAA |
| DSRI: 0.34 (Receivables 32.3m/91.5m, Revenue 1.06b/1.03b) |
| GMI: 0.86 (GM 58.81% / 68.02%) |
| AQI: 0.76 (AQ_t 0.02 / AQ_t-1 0.03) |
| SGI: 1.02 (Revenue 1.06b / 1.03b) |
| TATA: -0.03 (NI 540.8m - CFO 700.2m) / TA 5.45b) |
| Beneish M = -3.81 (Cap -4..+1) = AAA |
As of August 09, 2026, the stock is trading at USD 140.72 with a total of 89,619 shares traded. Over the past week, the price has changed by -0.64%, over one month by +13.47%, over three months by +7.89% and over the past year by +55.41%.
Current recommended Stop Loss: 130.70 (which is 7.1% or 2.5 ATR below the current price).
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
| Analysts Target Price | 157 | 11.6% |
P/E Trailing = 4.8966
P/E Forward = 2.2578
P/S = 2.4912
P/B = 0.6581
P/EG = 0.1169
Revenue TTM = 1.06b USD
EBIT TTM = 559.3m USD
EBITDA TTM = 758.2m USD
Long Term Debt = 872.1m USD (from longTermDebt, last fiscal year)
Short Term Debt = 26.6m USD (from shortTermDebt, last quarter)
Debt = 1.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -20.7m USD (calculated: Debt 1.21b - CCE 1.23b)
Enterprise Value = 2.57b USD (2.59b + Debt 1.21b - CCE 1.23b)
Interest Coverage Ratio = 11.98 (Ebit TTM 559.3m / Interest Expense TTM 46.7m)
EV/FCF = 14.48x (Enterprise Value 2.57b / FCF TTM 177.1m)
FCF Yield = 6.90% (FCF TTM 177.1m / Enterprise Value 2.57b)
FCF Margin = 16.79% (FCF TTM 177.1m / Revenue TTM 1.06b)
Net Margin = 51.26% (Net Income TTM 540.8m / Revenue TTM 1.06b)
Gross Margin = 68.02% ((Revenue TTM 1.06b - Cost of Revenue TTM 337.4m) / Revenue TTM)
Gross Margin QoQ = 60.29% (prev 59.34%)
Tobins Q-Ratio = 0.47 (Enterprise Value 2.57b / Total Assets 5.45b)
Interest Expense / Debt = 3.86% (Interest Expense 46.7m / Debt 1.21b)
Taxrate = 0.0% (0.0 / 494.6m)
NOPAT = 559.3m (EBIT 559.3m * (1 - 0.00%))
Current Ratio = 9.30 (Total Current Assets 1.39b / Total Current Liabilities 149.5m)
Debt / Equity = 0.30 (Debt 1.21b / totalStockholderEquity, last quarter 4.06b)
Debt / EBITDA = -0.03 (Net Debt -20.7m / EBITDA 758.2m)
Debt / FCF = -0.12 (Net Debt -20.7m / FCF TTM 177.1m)
Total Stockholder Equity = 3.87b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.85% (Net Income 540.8m / Total Assets 5.45b)
RoE = 13.97% (Net Income TTM 540.8m / Total Stockholder Equity 3.87b)
RoCE = 11.79% (EBIT 559.3m / Capital Employed (Equity 3.87b + L.T.Debt 872.1m))
RoIC = 10.61% (NOPAT 559.3m / Invested Capital 5.27b)
WACC = 6.12% (E(2.59b)/V(3.80b) * Re(7.18%) + D(1.21b)/V(3.80b) * Rd(3.86%) * (1-Tc(0.0)))
Discount Rate = 7.18% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.75 | Cagr: -3.07%
[DCF] Terminal Value 74.31% ; FCFF base≈183.1m ; Y1≈171.9m ; Y5≈159.0m
[DCF] Fair Price = 139.1 (EV 2.51b - Net Debt -20.7m = Equity 2.53b / Shares 18.2m; r=8.35% [WACC [floored]]; 5y FCF grow -7.80% → 2.50% )
EPS Correlation: -64.71 | EPS CAGR: -2.67% | SUE: -0.95 | # QB: -1
Revenue Correlation: 98.77 | Revenue CAGR: 3.09% | SUE: 0.86 | # QB: 1
EPS current Quarter (2026-09-30): EPS=7.08 | Chg30d=N/A | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=27.60 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+5.0% | GrowthRev=+11.3%
EPS next Year (2027-12-31): EPS=24.50 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=-11.2% | GrowthRev=+3.8%