Danaos Corp DAC
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if DAC is a good fit for your portfolio.
News
-
Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2023
-
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2023
-
Danaos Corporation Announces Date for the Release of Fourth Quarter 2023 Results, Conference Call and Webcast
Trading Information
- Previous Close Price
- $72.32
- Day Range
- $71.92–72.80
- 52-Week Range
- $53.89–80.39
- Bid/Ask
- $70.38 / $73.45
- Market Cap
- $1.40 Bil
- Volume/Avg
- 74,202 / 98,419
Key Statistics
- Price/Earnings (Normalized)
- 2.56
- Price/Sales
- 1.48
- Dividend Yield (Trailing)
- 4.29%
- Dividend Yield (Forward)
- 4.42%
- Total Yield
- 9.31%
Company Profile
Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customers include, HMM, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, ONE, PIL, Sealead, Niledutch, Samudera, OSC, and Arkas. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region. It has two reporting segments Container vessels and Drybulk vessels segment. It generates the majority of its revenue from Container vessels.
- Sector
- Industrials
- Industry
- Marine Shipping
- Stock Style Box
- Mid Value
- Total Number of Employees
- 1,718
- Website
- https://www.danaos.com
Comparables
Valuation
|
Metric
|
DAC
|
2020
|
GSL
|
|---|---|---|---|
Price/Earnings (Normalized) | 2.56 | 12.65 | 2.41 |
Price/Book Value | 0.47 | 2.13 | 0.64 |
Price/Sales | 1.48 | 4.65 | 1.16 |
Price/Cash Flow | 2.13 | 8.68 | 1.96 |
Price/Earnings
DAC
2020
GSL
Financial Strength
|
Metric
|
DAC
|
2020
|
GSL
|
|---|---|---|---|
Quick Ratio | 2.56 | 1.22 | 0.56 |
Current Ratio | 2.98 | 1.49 | 1.05 |
Interest Coverage | 28.57 | 3.37 | 7.59 |
Quick Ratio
DAC
2020
GSL
Profitability
|
Metric
|
DAC
|
2020
|
GSL
|
|---|---|---|---|
Return on Assets (Normalized) | 16.36% | 6.87% | 15.75% |
Return on Equity (Normalized) | 20.62% | 16.38% | 31.52% |
Return on Invested Capital (Normalized) | 18.01% | 9.71% | 19.11% |
Return on Assets
DAC
2020
GSL
Marine Shipping Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
HPGLY
| Hapag-Lloyd AG ADR | — | Gzcktv | $27.5 Bil | |
HLAGF
| Hapag-Lloyd AG | — | Pgkmls | $27.5 Bil | |
CICOY
| COSCO SHIPPING Holdings Co Ltd ADR | — | Cwmcp | $22.7 Bil | |
CICOF
| COSCO SHIPPING Holdings Co Ltd Class H | — | Rxhlcd | $22.7 Bil | |
AMKBF
| A. P. Moller Maersk A/S Class B | — | Dghqxkh | $21.5 Bil | |
AMKAF
| A. P. Moller Maersk A/S Class A | — | Vshxhlb | $21.0 Bil | |
AMKBY
| A. P. Moller Maersk A/S ADR | — | Cgjwkb | $21.0 Bil | |
NYUKF
| Nippon Yusen Kabushiki Kaisha | — | Vjn | $12.0 Bil | |
NPNYY
| Nippon Yusen Kabushiki Kaisha ADR | — | Mcp | $12.0 Bil | |
ICTEF
| International Container Terminal Services Inc | — | Yvfbsrs | $11.2 Bil |