Danaos Corp (DAC) is undervalued and Zim Integrated Shipping Services Ltd (ZIM) is overvalued.
Against our estimates of intrinsic value, DAC trades at the wider discount: a margin of safety of +76%, against -39% for ZIM.
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 7.5% (average of 3 methods) values the shares at $21.89; the price of $30.51 is 39% above that value, and 82% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | DAC | ZIM |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $156.00 | $30.51 |
| Intrinsic value | $656.04 | $21.89 |
| Margin of safety | +76% | -39% |
| Leak Score | 100/100 (3/12) | 0/100 (2/12) |
| Market cap | $2.8B | $3.7B |
| Revenue growth, 5 years | 17.7% | 11.6% |
| Operating margin | 48.4% | 5.7% |
| Net margin | 51.3% | 2.1% |
| Return on equity | 14.1% | 3.6% |
| Debt to equity | 0.30 | 1.37 |
| P/E | 5.3x | 26.6x |
| Forward P/E | 5.7x | — |
| P/B | 0.7x | 0.9x |
| Dividend yield | 2.3% | 7.8% |