Danaos Corp (DAC) is undervalued and Matson Inc (MATX) is fairly valued.
Against our estimates of intrinsic value, DAC trades at the wider discount: a margin of safety of +76%, against -3% for MATX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $656.04; the price of $156.00 is 76% below that value, and 79% of that value comes from beyond year five.
Leak Score 100/100 on 3 of 12 signals
Discounting its cash flows at 10.8% (average of 3 methods) values the shares at $221.12; the price of $226.78 is 3% above that value, and 70% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | DAC | MATX |
|---|---|---|
| Verdict | Undervalued | Fairly valued |
| Price | $156.00 | $226.78 |
| Intrinsic value | $656.04 | $221.12 |
| Margin of safety | +76% | -3% |
| Leak Score | 100/100 (3/12) | 59/100 (3/12) |
| Market cap | $2.8B | $6.8B |
| Revenue growth, 5 years | 17.7% | 7.0% |
| Operating margin | 48.4% | 14.4% |
| Net margin | 51.3% | 13.4% |
| Return on equity | 14.1% | 17.2% |
| Debt to equity | 0.30 | 0.12 |
| P/E | 5.3x | 15.2x |
| Forward P/E | 5.7x | 13.5x |
| P/B | 0.7x | 2.5x |
| Dividend yield | 2.3% | 0.6% |