Added to YB: 2025-02-20
Pitch date: 2025-02-18
DAC [bullish]
Danaos Corporation
-0.91%
current return
Author Info
Inflexio Research looks for special situation & long-term micro-cap plays in the US & Canada. Sign up for the newsletter.
Company Info
Danaos Corporation, together with its subsidiaries, provides container and drybulk vessels services in Australia, Asia, and Europe.
Market Cap
$1.6B
Pitch Price
$84.54
Price Target
200.00 (+136%)
Dividend
4.05%
Sector
Marine Transportation
Category
value
Quick Value Pitch: Danaos Corp (NYSE:DAC)
DAC: Containership lessor w/ $3.4B contracted backlog at 70% EBITDA margin. $25+ EPS through 2027, new ships extend earnings to 2032. Trading at 0.46x BV, 3x EPS, 30%+ FCF yield. Mgmt buying back shares, raising dividends. Risks: industry orderbook, de-globalization. PT $200+ vs $84 current.
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