Danaos Corporation (DAC)
Danaos Statistics
Share Statistics
Danaos has 19.33M shares outstanding. The number of shares has increased by -0.44% in one year.
| Shares Outstanding | 19.33M |
| Shares Change (YoY) | -0.44% |
| Shares Change (QoQ) | -0.06% |
| Owned by Institutions (%) | 19.22% |
| Shares Floating | 9.72M |
| Failed to Deliver (FTD) Shares | 43 |
| FTD / Avg. Volume | 0.04% |
Short Selling Information
The latest short interest is 555.1K, so 2.87% of the outstanding shares have been sold short.
| Short Interest | 555.1K |
| Short % of Shares Out | 2.87% |
| Short % of Float | 5.71% |
| Short Ratio (days to cover) | 4.91 |
Valuation Ratios
The PE ratio is 2.57 and the forward PE ratio is 2.69. Danaos's PEG ratio is 0.42.
| PE Ratio | 2.57 |
| Forward PE | 2.69 |
| PS Ratio | 1.52 |
| Forward PS | 1.5 |
| PB Ratio | 0.49 |
| P/FCF Ratio | 4.81 |
| PEG Ratio | 0.42 |
Enterprise Valuation
Danaos Corporation has an Enterprise Value (EV) of 1.6B.
| EV / Earnings | 2.78 |
| EV / Sales | 1.65 |
| EV / EBITDA | 2.28 |
| EV / EBIT | 2.76 |
| EV / FCF | 5.21 |
Financial Position
The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.13.
| Current Ratio | 2.98 |
| Quick Ratio | 2.84 |
| Debt / Equity | 0.13 |
| Total Debt / Capitalization | 11.82 |
| Cash Flow / Debt | 1.43 |
| Interest Coverage | 23.47 |
Financial Efficiency
Return on equity (ROE) is 0.19% and return on capital (ROIC) is 16.98%.
| Return on Equity (ROE) | 0.19% |
| Return on Assets (ROA) | 0.16% |
| Return on Capital (ROIC) | 16.98% |
| Revenue Per Employee | $243,395,750 |
| Profits Per Employee | $144,074,750 |
| Employee Count | 4 |
| Asset Turnover | 0.27 |
| Inventory Turnover | 13.46 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by 10.88% in the last 52 weeks. The beta is 1.42, so Danaos's price volatility has been higher than the market average.
| Beta | 1.42 |
| 52-Week Price Change | 10.88% |
| 50-Day Moving Average | 79.89 |
| 200-Day Moving Average | 83.71 |
| Relative Strength Index (RSI) | 37.08 |
| Average Volume (20 Days) | 114.96K |
Income Statement
In the last 12 months, Danaos had revenue of 973.58M and earned 576.3M in profits. Earnings per share was 28.99.
| Revenue | 973.58M |
| Gross Profit | 643.71M |
| Operating Income | 580.66M |
| Net Income | 576.3M |
| EBITDA | 704.83M |
| EBIT | 580.66M |
| Earnings Per Share (EPS) | 28.99 |
Balance Sheet
The company has 271.81M in cash and 404.17M in debt, giving a net cash position of -132.37M.
| Cash & Cash Equivalents | 271.81M |
| Total Debt | 404.17M |
| Net Cash | -132.37M |
| Retained Earnings | 2.4B |
| Total Assets | 4.25B |
| Working Capital | 469.58M |
Cash Flow
In the last 12 months, operating cash flow was 576.29M and capital expenditures -268.04M, giving a free cash flow of 308.26M.
| Operating Cash Flow | 576.29M |
| Capital Expenditures | -268.04M |
| Free Cash Flow | 308.26M |
| FCF Per Share | 15.51 |
Margins
Gross margin is 66.12%, with operating and profit margins of 59.64% and 59.19%.
| Gross Margin | 66.12% |
| Operating Margin | 59.64% |
| Pretax Margin | 59.19% |
| Profit Margin | 59.19% |
| EBITDA Margin | 72.4% |
| EBIT Margin | 59.64% |
| FCF Margin | 31.66% |
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 | 14.19% |
| Earnings Yield | 37.48% |
| FCF Yield | 20.62% |
Analyst Forecast
The average price target for DAC is $105, which is 35.8% higher than the current price. The consensus rating is "Buy".
| Price Target | $105 |
| Price Target Difference | 35.8% |
| 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 | 2.81 |
| Piotroski F-Score | 6 |