Danaos Enterprise Value Over E B I T D A from 2010 to 2024

DAC Stock  USD 72.38  0.12  0.17%   
Danaos' Enterprise Value Over EBITDA is decreasing over the years with slightly volatile fluctuation. Enterprise Value Over EBITDA is expected to dwindle to 2.16. During the period from 2010 to 2024 Danaos Enterprise Value Over EBITDA annual values regression line had geometric mean of  5.70 and mean square error of  2.93. View All Fundamentals
 
Enterprise Value Over EBITDA  
First Reported
2010-12-31
Previous Quarter
2.27356096
Current Value
2.16
Quarterly Volatility
2.64706162
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Danaos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danaos main balance sheet or income statement drivers, such as Interest Expense of 23.5 M, Total Revenue of 512.1 M or Gross Profit of 311.4 M, as well as many exotic indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.0392 or PTB Ratio of 0.46. Danaos financial statements analysis is a perfect complement when working with Danaos Valuation or Volatility modules.
  
This module can also supplement Danaos' financial leverage analysis and stock options assessment as well as various Danaos Technical models . Check out the analysis of Danaos Correlation against competitors.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.

Latest Danaos' Enterprise Value Over E B I T D A Growth Pattern

Below is the plot of the Enterprise Value Over E B I T D A of Danaos over the last few years. It is Danaos' Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Danaos' overall financial position and show how it may be relating to other accounts over time.
Enterprise Value Over E B I T D A10 Years Trend
Slightly volatile
   Enterprise Value Over E B I T D A   
       Timeline  

Danaos Enterprise Value Over E B I T D A Regression Statistics

Arithmetic Mean6.41
Geometric Mean5.70
Coefficient Of Variation41.33
Mean Deviation2.12
Median6.37
Standard Deviation2.65
Sample Variance7.01
Range7.5079
R-Value(0.78)
Mean Square Error2.93
R-Squared0.61
Significance0.0006
Slope(0.46)
Total Sum of Squares98.10

Danaos Enterprise Value Over E B I T D A History

2024 2.16
2023 2.27
2022 1.9
2021 5.13
2020 6.1
2019 5.06
2018 6.37

About Danaos Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Danaos income statement, its balance sheet, and the statement of cash flows. Danaos investors use historical funamental indicators, such as Danaos's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Danaos investors may use each financial statement separately, they are all related. The changes in Danaos's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Danaos's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Danaos Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Danaos. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Enterprise Value Over EBITDA 2.27  2.16 

Danaos Investors Sentiment

The influence of Danaos' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Danaos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Danaos' public news can be used to forecast risks associated with an investment in Danaos. The trend in average sentiment can be used to explain how an investor holding Danaos can time the market purely based on public headlines and social activities around Danaos. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Danaos' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Danaos' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Danaos' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Danaos.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Danaos in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Danaos' short interest history, or implied volatility extrapolated from Danaos options trading.

Pair Trading with Danaos

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaos will appreciate offsetting losses from the drop in the long position's value.

Moving against Danaos Stock

  0.76HSHP Himalaya ShippingPairCorr
  0.71SFL SFL CorporationPairCorr
  0.7EDRY EuroDry Financial Report 20th of May 2024 PairCorr
  0.68SB Safe Bulkers Financial Report 8th of May 2024 PairCorr
  0.67GOGL Golden Ocean Group Financial Report 21st of May 2024 PairCorr
The ability to find closely correlated positions to Danaos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaos to buy it.
The correlation of Danaos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaos moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danaos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Danaos offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Danaos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Danaos Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Danaos Stock:
Check out the analysis of Danaos Correlation against competitors.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.
Note that the Danaos information on this page should be used as a complementary analysis to other Danaos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Danaos Stock analysis

When running Danaos' price analysis, check to measure Danaos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaos is operating at the current time. Most of Danaos' value examination focuses on studying past and present price action to predict the probability of Danaos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaos' price. Additionally, you may evaluate how the addition of Danaos to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Is Danaos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaos. If investors know Danaos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.021
Dividend Share
3.1
Earnings Share
28.95
Revenue Per Share
48.975
Quarterly Revenue Growth
(0.01)
The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaos' market value can be influenced by many factors that don't directly affect Danaos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.