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DAC (Danaos) Cyclically Adjusted FCF per Share : $19.42 (As of Mar. 2025)


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What is Danaos Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Danaos's adjusted free cash flow per share for the three months ended in Mar. 2025 was $2.565. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $19.42 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Danaos's average Cyclically Adjusted FCF Growth Rate was -10.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Danaos was 55.30% per year. The lowest was 12.20% per year. And the median was 33.60% per year.

As of today (2025-06-27), Danaos's current stock price is $86.87. Danaos's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $19.42. Danaos's Cyclically Adjusted Price-to-FCF of today is 4.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Danaos was 9.88. The lowest was 1.85. And the median was 3.92.


Danaos Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Danaos's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Danaos Cyclically Adjusted FCF per Share Chart

Danaos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.83 14.12 21.57 21.84 19.94

Danaos Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.60 20.78 19.76 19.94 19.42

Competitive Comparison of Danaos's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Danaos's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Danaos's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Danaos's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Danaos's Cyclically Adjusted Price-to-FCF falls into.


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Danaos Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Danaos's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.565/120.1327*120.1327
=2.565

Current CPI (Mar. 2025) = 120.1327.

Danaos Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 8.236 100.838 9.812
201509 9.864 100.856 11.749
201512 8.815 100.087 10.581
201603 7.781 99.041 9.438
201606 9.024 100.121 10.828
201609 11.355 99.878 13.658
201612 4.659 100.110 5.591
201703 5.456 100.770 6.504
201706 5.689 101.138 6.757
201709 5.697 100.882 6.784
201712 5.669 100.762 6.759
201803 4.446 100.534 5.313
201806 2.427 102.121 2.855
201809 4.642 101.982 5.468
201812 3.177 101.330 3.767
201903 3.763 101.482 4.455
201906 2.839 101.837 3.349
201909 3.387 101.906 3.993
201912 2.407 102.120 2.832
202003 0.532 101.479 0.630
202006 0.199 100.239 0.238
202009 2.491 99.886 2.996
202012 0.726 99.751 0.874
202103 4.242 99.817 5.105
202106 5.044 101.270 5.984
202109 -7.713 102.095 -9.076
202112 1.956 104.853 2.241
202203 5.668 108.651 6.267
202206 20.234 113.517 21.413
202209 7.761 114.371 8.152
202212 2.047 112.428 2.187
202303 5.988 113.620 6.331
202306 6.422 115.515 6.679
202309 2.602 116.234 2.689
202312 0.318 116.364 0.328
202403 1.489 117.285 1.525
202406 -3.251 118.129 -3.306
202409 -4.192 119.650 -4.209
202412 4.050 119.360 4.076
202503 2.565 120.133 2.565

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Danaos  (NYSE:DAC) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Danaos's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=86.87/19.42
=4.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Danaos was 9.88. The lowest was 1.85. And the median was 3.92.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Danaos Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Danaos's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Danaos Business Description

Industry
Traded in Other Exchanges
Address
c/o Danaos Shipping Co. Ltd, 14 Akti Kondyli, Piraeus, GRC, 185 45
Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customers include, HMM, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, ONE, PIL, Sealead, Niledutch, Samudera, OSC, and Arkas. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region. It has two reporting segments Container vessels and Drybulk vessels segment. It generates the majority of its revenue from Container vessels.