Danaos Corp (DAC) is undervalued and Star Bulk Carriers Corp (SBLK) is undervalued.
Against our estimates of intrinsic value, DAC trades at the wider discount: a margin of safety of +76%, against +34% for SBLK.
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 8.2% (average of 3 methods) values the shares at $46.71; the price of $30.94 is 34% below that value, and 79% of that value comes from beyond year five.
Leak Score 84/100 on 3 of 12 signals
| Metric | DAC | SBLK |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $156.00 | $30.94 |
| Intrinsic value | $656.04 | $46.71 |
| Margin of safety | +76% | +34% |
| Leak Score | 100/100 (3/12) | 84/100 (3/12) |
| Market cap | $2.8B | $3.5B |
| Revenue growth, 5 years | 17.7% | 8.5% |
| Operating margin | 48.4% | 27.8% |
| Net margin | 51.3% | 23.9% |
| Return on equity | 14.1% | 11.7% |
| Debt to equity | 0.30 | 0.41 |
| P/E | 5.3x | 12.1x |
| Forward P/E | 5.7x | 7.5x |
| P/B | 0.7x | 1.4x |
| Dividend yield | 2.3% | 12.8% |