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General information

Country: GREECE

Sector: Marine Shipping

Danaos Corp. engages in the provision of marine and seaborne transportation services. The company is headquartered in Peiraias, Attiki and currently employs 1,104 full-time employees. The firm`s principal business is the acquisition and operation of vessels. The firm conducts its operations through the vessel owning companies, whose principal activity is the ownership and operation of containerships that are under the management of a related party of the company. The firm`s manager is Danaos Shipping Company Limited (Danaos Shipping). The firm has a fleet of over 50 containerships aggregating approximately 329,590 twenty-foot equivalent units (TEUs). Its containership fleet includes approximately 53 containerships deployed on time charters and approximately two containerships deployed on bareboat charter. Gemini Shipholdings Corporation (Gemini), a company beneficially owned by the Company, owns approximately four additional containerships of over 24,000 TEU aggregate capacity.
  • Current market environment: negative. Prices of production are 76.5% lower compared to the last 12 months (LTM)
  • Prices of production are at 15.7% percentile over the past 5 years, adjusted for inflation
  • Dividend yield for the last twelve months 3.5%
  • Free cash flow yield 34.7% (LTM), projected 5.6%
  • Share price is 90.6% higher than minimum and 0.5% lower than maximum for the last 3 years
  • The company is undervalued by EV / LTM EBITDA multiple compared to target level (3.4x vs
    )
  • The company is undervalued by EV / projected EBITDA multiple compared to target level (
    vs
    )

Key Financials (Download financials)

Ticker: DAC
Share price, USD:  (+0.3%)98.07
year average price 85.65  


year start price 81.37 2024-12-08

min close price 66.47 2025-04-08

max close price 98.52 2025-12-03

current price 98.07 2025-12-07
Common stocks: 20 716 500

Dividend Yield:  3.5%
FCF Yield LTM / expected: 34.7% / 5.6%
EV / LTM EBITDA: 3.4x
EV / EBITDA annualized: 5.5x
Production prices change from LTM: -76.5%
EV / projected EBITDA:
Target EV / EBITDA (hist percentile):
Express share price potential:
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 2 032
Net Debt ($m): 369
EV (Enterprise Value): 2 401
EBITDA LTM ($m): 703
EV / LTM EBITDA: 3.4x
Price to Book: 0.5x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2025-12-03seekingalpha.com

Danaos: Severely Undervalued Despite Industry Shifts

2025-11-21seekingalpha.com

Danaos Q3: Drybulk Isn't Growing, But The Reasons Seem Valid

2025-11-18seekingalpha.com

Danaos Corporation (DAC) Q3 2025 Earnings Call Transcript

2025-11-17prnewswire.com

Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2025

2025-11-13globenewswire.com

AM Best Upgrades Financial Strength Rating of Greenlight Reinsurance, Ltd. and Greenlight Reinsurance Ireland, DAC to “A” (Excellent)

2025-10-24seekingalpha.com

Danaos: A Lot Of Value Even With The Current Scenario

2025-10-13prnewswire.com

Danaos Corporation Announces Director Resignation

2025-10-09prnewswire.com

Danaos Corporation Announces Pricing of Senior Notes Offering

2025-10-06prnewswire.com

Danaos Corporation Announces Senior Notes Offering

2025-09-17zacks.com

Will Rigetti's C-DAC Partnership Translate Into New Revenue Streams?
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