Added to YB: 2026-06-24
Pitch date: 2026-06-22
DAN [neutral]
Dana Incorporated
Author Info
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Company Info
Dana Incorporated, together with its subsidiaries, provides power-conveyance and energy-management solutions for on-highway vehicles in North America, Europe, South America, and the Asia Pacific.
Market Cap
$3.2B
Pitch Price
N/A
Price Target
N/A
Dividend
1.61%
EV/EBITDA
6.12
P/E
-55.55
EV/Sales
0.57
Sector
Automobile Components
Category
special_situation
Dana (DAN): the merger the market hated on day one
DAN (overview): Fell 15% to ~$30 (~$3.25B cap) on $5.1B Reverse Morris Trust w/ Eaton Mobility—no premium, added leverage. Combined: ~$11B sales, ~$1.7B EBITDA, 8.3x pre/5.9x post-synergy ($250M target). Contrarian: RMTs always dump on announce. Risks: Q1'27 close (theta bleed), fiduciary probes, cyclical auto, synergy-dependent math.
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