Danaos Corporation (DAC)
Danaos Statistics
Share Statistics
Danaos has 18.67M shares outstanding. The number of shares has increased by -3.5% in one year.
| Shares Outstanding | 18.67M |
| Shares Change (YoY) | -3.5% |
| Shares Change (QoQ) | -3.43% |
| Owned by Institutions (%) | 18.65% |
| Shares Floating | 9.39M |
| Failed to Deliver (FTD) Shares | 4.71K |
| FTD / Avg. Volume | 4.56% |
Short Selling Information
The latest short interest is 478.86K, so 2.48% of the outstanding shares have been sold short.
| Short Interest | 478.86K |
| Short % of Shares Out | 2.48% |
| Short % of Float | 4.85% |
| Short Ratio (days to cover) | 3.4 |
Valuation Ratios
The PE ratio is 3.06 and the forward PE ratio is 2.95. Danaos's PEG ratio is -0.31.
| PE Ratio | 3.06 |
| Forward PE | 2.95 |
| PS Ratio | 1.53 |
| Forward PS | 1.4 |
| PB Ratio | 0.45 |
| P/FCF Ratio | -41.14 |
| PEG Ratio | -0.31 |
Enterprise Valuation
Danaos has an Enterprise Value (EV) of 1.83B.
| EV / Sales | 1.8 |
| EV / EBITDA | 2.71 |
| EV / EBIT | 2.94 |
| EV / FCF | -48.63 |
Financial Position
The company has a current ratio of 3.97, with a Debt / Equity ratio of 0.21.
| Current Ratio | 3.97 |
| Quick Ratio | 3.83 |
| Debt / Equity | 0.21 |
| Debt / EBITDA | 1.09 |
| Debt / FCF | -19.55 |
| Interest Coverage | 20.66 |
Financial Efficiency
Return on Equity is 14.75% and Return on Invested Capital is 12.85%.
| Return on Equity | 14.75% |
| Return on Assets | 11.63% |
| Return on Invested Capital | 12.85% |
| Revenue Per Employee | $253.53M |
| Profits Per Employee | $126.27M |
| Employee Count | 4 |
| Asset Turnover | 0.23 |
| Inventory Turnover | 16.67 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by 5.16% in the last 52 weeks. The beta is 1.32, so Danaos's price volatility has been higher than the market average.
| Beta | 1.32 |
| 52-Week Price Change | 5.16% |
| 50-Day Moving Average | 78.66 |
| 200-Day Moving Average | 81.1 |
| Relative Strength Index (RSI) | 57.75 |
| Average Volume (20 Days) | 103.38K |
Income Statement
In the last 12 months, Danaos had revenue of 1.01B and earned 505.07M in profits. Earnings per share was 26.15.
| Revenue | 1.01B |
| Gross Profit | 615.94M |
| Operating Income | 540.88M |
| Net Income | 505.07M |
| EBITDA | 675.07M |
| EBIT | 531.26M |
| Earnings Per Share (EPS) | 26.15 |
Balance Sheet
The company has 453.38M in cash and 734.78M in debt, giving a net cash position of -281.4M.
| Cash & Cash Equivalents | 453.38M |
| Total Debt | 734.78M |
| Net Cash | -281.4M |
| Retained Earnings | 2.84B |
| Total Assets | 4.34B |
| Working Capital | 502.01M |
Cash Flow
In the last 12 months, operating cash flow was 621.75M and capital expenditures -659.34M, giving a free cash flow of -37.59M.
| Operating Cash Flow | 621.75M |
| Capital Expenditures | -659.34M |
| Free Cash Flow | -37.59M |
| FCF Per Share | -1.95 |
Margins
Gross margin is 60.74%, with operating and profit margins of 53.34% and 49.8%.
| Gross Margin | 60.74% |
| Operating Margin | 53.34% |
| Pretax Margin | 49.8% |
| Profit Margin | 49.8% |
| EBITDA Margin | 66.57% |
| EBIT Margin | 53.34% |
| FCF Margin | -3.71% |
Dividends & Yields
DAC pays an annual dividend of $4.1, which amounts to a dividend yield of 3.99%.
| Dividend Per Share | $4.10 |
| Dividend Yield | 3.99% |
| Dividend Growth (YoY) | 6.25% |
| Payout Ratio | 15.74% |
| Earnings Yield | 32.66% |
| FCF Yield | -2.43% |
Analyst Forecast
The average price target for DAC is $105, which is 30.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $105 |
| Price Target Difference | 30.5% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on May 2, 2019. It was a backward split with a ratio of 1:14.
| Last Split Date | May 2, 2019 |
| Split Type | backward |
| Split Ratio | 1:14 |
Scores
| Altman Z-Score | 2.65 |
| Piotroski F-Score | 6 |