Danaos Revenue vs. Price To Book

DAC Stock  USD 90.26  2.10  2.27%   
Based on Danaos' profitability indicators, Danaos is yielding more profit at this time then in previous quarter. It has a moderate risk of reporting better profitability numbers in July. Profitability indicators assess Danaos' ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2004-03-31
Previous Quarter
244.9 M
Current Value
249.9 M
Quarterly Volatility
55.4 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, Danaos' Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 29.53, whereas EV To Sales is forecasted to decline to 1.61. At present, Danaos' Net Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 609.3 M, whereas Accumulated Other Comprehensive Income is forecasted to decline to (79.8 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.680.6536
Sufficiently Up
Very volatile
For Danaos profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Danaos to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Danaos utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Danaos's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Danaos over time as well as its relative position and ranking within its peers.
  
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For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.
Is Marine Transportation space 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
0.07
Dividend Share
3.15
Earnings Share
29.45
Revenue Per Share
50.062
Quarterly Revenue Growth
0.041
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.

Danaos Price To Book vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Danaos's current stock value. Our valuation model uses many indicators to compare Danaos value to that of its competitors to determine the firm's financial worth.
Danaos is rated # 3 in revenue category among its peers. It is rated # 4 in price to book category among its peers . The ratio of Revenue to Price To Book for Danaos is about  2,047,254,944 . At present, Danaos' Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Danaos' earnings, one of the primary drivers of an investment's value.

Danaos Revenue vs. Competition

Danaos is rated # 3 in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 4.59 Billion. Danaos totals roughly 952.38 Million in revenue claiming about 21% of equities under Industrials industry.

Danaos Price To Book vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Danaos

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
952.38 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Danaos

P/B

 = 

MV Per Share

BV Per Share

 = 
0.47 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Danaos Price To Book Comparison

Danaos is currently under evaluation in price to book category among its peers.

Danaos Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Danaos, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Danaos will eventually generate negative long term returns. The profitability progress is the general direction of Danaos' change in net profit over the period of time. It can combine multiple indicators of Danaos, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-76 M-79.8 M
Operating Income579 M608 M
Net Income576.3 M605.1 M
Income Tax ExpenseM3.8 M
Income Before Tax580.3 M609.3 M
Total Other Income Expense Net1.3 M1.3 M
Net Income Applicable To Common Shares643.1 M675.2 M
Net Income From Continuing Ops579.1 M608.1 M
Interest Income12.6 M11.9 M
Net Interest Income-21.2 M-22.2 M
Change To Netincome110.1 M115.6 M
Net Income Per Share 28.99  14.87 
Income Quality 1.00  1.05 
Net Income Per E B T 0.99  0.88 

Danaos Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Danaos. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Danaos position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Danaos' important profitability drivers and their relationship over time.

Use Danaos in pair-trading

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.

Danaos Pair Trading

Danaos Pair Trading Analysis

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

Use Investing Themes to Complement your Danaos position

In addition to having Danaos in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Books Thematic Idea Now

Books
Books Theme
Companies involved in publishing of books, newspapers, periodicals and other mass publications. The Books theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Books Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Danaos Stock

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 Investing Opportunities.
For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
To fully project Danaos' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Danaos at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Danaos' income statement, its balance sheet, and the statement of cash flows.
Potential Danaos investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Danaos investors may work on 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. Please read more on our technical analysis and fundamental analysis pages.