-0.75%
-4.43%
-3.32%
-5.46%
4.73%
-17.35%
1304.79%
AI Spotlight on DAC
Company Description
Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States.The company offers seaborne transportation services, such as chartering its vessels to liner companies.As of February 28, 2022, it had a fleet of 71 containerships aggregating 436,589 twenty-foot equivalent units in capacity.
The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005.Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.
Market Data
| Last Price | 79.23 |
| Change Percentage | -0.75% |
| Open | 80 |
| Previous Close | 79.83 |
| Market Cap ( Millions) | 1532 |
| Volume | 82922 |
| Year High | 98.25 |
| Year Low | 69.33 |
| M A 50 | 79.87 |
| M A 200 | 83.22 |
Financial Ratios
| FCF Yield | -7.79% |
| Dividend Yield | 4.10% |
| ROE | 17.60% |
| Debt / Equity | 20.05% |
| Net Debt / EBIDTA | 41.54% |
| Price To Book | 0.45 |
| Price Earnings Ratio | 2.71 |
| Price To FCF | -12.83 |
| Price To sales | 1.54 |
| EV / EBITDA | 2.57 |
News
- Jan -21 - Danaos Corporation Announces Date for the Release of Fourth Quarter 2024 Results, Conference Call and Webcast
- Jan -14 - Danaos: Undervalued With Strong Cash Flows
- Jan -06 - This Warren Buffett Disciple Dumped Arch Coal for These 2 Stocks Instead
- Jan -03 - Is Danaos (DAC) Stock Outpacing Its Transportation Peers This Year?
- Nov -12 - Danaos Corporation (DAC) Q3 2024 Earnings Call Transcript
- Nov -12 - Danaos (DAC) Q3 Earnings Miss Estimates
- Nov -12 - Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2024
- Nov -12 - Danaos Corporation: Providing A Long-Volatility Exposure To Geopolitics
- Nov -11 - Danaos to Report Q3 Earnings: What's in the Offing for the Stock?
- Nov -05 - Analysts Estimate Danaos (DAC) to Report a Decline in Earnings: What to Look Out for
- Nov -01 - Is the Options Market Predicting a Spike in Danaos (DAC) Stock?
- Oct -31 - Danaos Corporation Announces Date for the Release of Third Quarter 2024 Results, Conference Call and Webcast
- Aug -06 - Danaos (DAC) Q2 Earnings Lag Estimates
- Aug -05 - Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2024
- Jul -29 - Danaos Corporation Announces Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast
- Jul -08 - Danaos Corporation Announces Additions of $616 million to its Contracted Revenue Backlog and the Addition of Five Containership Vessels to its Newbuildings Orderbook
- Jun -12 - Danaos Benefits from Increasing Demand in Container Shipping
- Jun -11 - Hamilton Insurance DAC Appoints Ross Reynolds as Chief Executive Officer
- May -28 - Danaos Corporation (DAC) Q1 2024 Earnings Call Transcript
- May -28 - Danaos Corporation Reports First Quarter Results for Period Ended March 31, 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Container Vessels
Expected Growth : 4.83 %
What the company do ?
Danaos Corporation's Container Vessels are a fleet of ships that transport goods in containers, offering efficient and reliable cargo transportation services worldwide.
Why we expect these perspectives ?
Danaos Corporation's 4.83% growth in Container Vessels is driven by increasing global trade, rising demand for containerized cargo, and a growing need for efficient transportation solutions. Additionally, the company's modern fleet, strategic partnerships, and cost-effective operations contribute to its growth momentum.
Segment n°2 -> Drybulk Vessels
Expected Growth : 4.83 %
What the company do ?
Danaos Corporation's Drybulk Vessels segment operates a fleet of vessels that transport dry bulk commodities, such as iron ore, coal, and grains, globally.
Why we expect these perspectives ?
Danaos Corporation's 4.83% growth in Drybulk Vessels is driven by increasing global trade, rising commodity demand, and a low orderbook-to-fleet ratio. Additionally, the company's modern fleet and operational efficiency contribute to its growth. Furthermore, the ongoing recovery in the dry bulk market, driven by China's infrastructure development and rising iron ore demand, also supports the company's growth.
Danaos Corporation Products
| Product Range | What is it ? |
|---|---|
| Container Shipping | Danaos Corporation provides container shipping services, offering a range of container vessels and logistics solutions to meet the needs of global trade. |
| Vessel Management | Danaos offers vessel management services, including technical management, crew management, and commercial management, to ensure optimal vessel performance. |
| Marine Consulting | Danaos provides marine consulting services, offering expertise in ship operations, safety, and environmental management to improve operational efficiency. |
| Ship Brokerage | Danaos offers ship brokerage services, connecting buyers and sellers of vessels, and providing market insights and analysis. |
Danaos Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Danaos Corporation is medium due to the availability of alternative shipping services and the ability of customers to switch to other providers.
Bargaining Power Of Customers
The bargaining power of customers is high due to the concentration of major shipping lines and the ability of customers to negotiate rates and terms.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the availability of multiple suppliers and the ability of Danaos Corporation to negotiate prices and terms.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the shipping industry, including the need for significant capital investment and regulatory compliance.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the shipping industry, with multiple players competing for market share and customers.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 11.82% |
| Debt Cost | 6.16% |
| Equity Weight | 88.18% |
| Equity Cost | 10.45% |
| WACC | 9.94% |
| Leverage | 13.40% |
Danaos Corporation : Quality Control
Danaos Corporation passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PXSAP | Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, … |
| HAUTO.OL | Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, … |
| MPCC.OL | MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on feeder vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU). It operates a fleet … |
| DIS.MI | d'Amico International Shipping S.A., through its subsidiaries, operates as a marine transportation company worldwide. It primarily transports refined petroleum products and vegetable oils through various double-hulled vessels. The company serves … |
| ESEA | Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of May 03, 2022, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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MPC Container Ships
A-Score
1-Year Total Return ->
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Danaos
A-Score
1-Year Total Return ->
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Pyxis Tankers
A-Score
1-Year Total Return ->
4
Höegh Autoliners
A-Score
1-Year Total Return ->
5
Euroseas
A-Score
1-Year Total Return ->
6
