DAC Stock Analysis: Danaos | NYSE
Marine Shipping | NYSE, USA | Market Cap: 3.006m USD | 12M Return: 94.3% | MHY1968P1218 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.8M
EPS Trend: -64.7%
Qual. Beats: -1
Rev. Trend: 98.8%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 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 marine transportation company that owns and operates containerships and drybulk vessels, with operations spanning Australia, Europe, and the United States. The company reports through two business segments-Container Vessels and Drybulk Vessels-providing seaborne transportation services within the global shipping industry.
As of December 31, 2025, Danaoss fleet consisted of 75 containerships aggregating 477,230 TEUs, 27 containerships under construction totaling 173,314 TEUs, 10 Capesize bulk carriers aggregating 1,755,000 DWT, and 2 dry bulk newbuilds aggregating 422,000 DWT. The company maintains a significant newbuild orderbook, reflecting ongoing fleet expansion in both the containership and drybulk segments.
Danaos Corporation is headquartered in Piraeus, Greece-a major hub for global merchant shipping-and has been operating since its founding in 1963, originally under the name Danaos Holdings Limited before adopting its current name in October 2005. As a mid-cap industrial stock listed on the NYSE, the company participates in the liner shipping and drybulk transportation markets, both of which are influenced by global trade flows and charter rate cycles.
- Red Sea crisis extends elevated containership charter rates
- Newbuild orderbook expands fleet capacity through 2027
- Capesize bulk carrier demand weakens on soft China iron ore imports
| 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: 1.07 (Receivables 100.4m/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 = -3.22 (Cap -4..+1) = AA |
As of October 08, 2026, the stock is trading at USD 164.48 with a total of 328,260 shares traded. Over the past week, the price has changed by +6.59%, over one month by +7.45%, over three months by +32.62% and over the past year by +94.34%.
Current recommended Stop Loss: 159.40 (which is 3.1% or 1.3 ATR below the current price).
Danaos has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy DAC.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 164.5 | 0% |
P/E Trailing = 5.5888
P/E Forward = 2.2578
P/S = 2.6797
P/B = 0.6929
P/EG = 0.1169
Revenue TTM = 1.06b USD
EBIT TTM = 559.3m USD
EBITDA TTM = 758.2m USD
Long Term Debt = 1.18b USD (from longTermDebt, last quarter)
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 = 2.99b USD (3.01b + Debt 1.21b - CCE 1.23b)
Interest Coverage Ratio = 11.98 (Ebit TTM 559.3m / Interest Expense TTM 46.7m)
EV/FCF = 16.85x (Enterprise Value 2.99b / FCF TTM 177.1m)
FCF Yield = 5.93% (FCF TTM 177.1m / Enterprise Value 2.99b)
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 = 0.55 (Enterprise Value 2.99b / Total Assets 5.45b)
Interest Expense / Debt = 3.86% (Interest Expense 46.7m / Debt 1.21b)
Taxrate = 0.0% (0.0 / 540.8m)
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 = 11.07% (EBIT 559.3m / Capital Employed (Equity 3.87b + L.T.Debt 1.18b))
RoIC = 10.61% (NOPAT 559.3m / Invested Capital 5.27b)
WACC = 6.09% (E(3.01b)/V(4.22b) * Re(6.99%) + D(1.21b)/V(4.22b) * Rd(3.86%) * (1-Tc(0.0)))
Discount Rate = 6.99% (= 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=7.06 | Chg30d=-0.28% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=27.60 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=+5.0% | GrowthRev=+12.6%
EPS next Year (2027-12-31): EPS=24.50 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=-11.2% | GrowthRev=+1.6%