Dana Incorporated (DAN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-105.9%

-$1.34

vs $22.71 price

Levered DCF

-$14.33

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

0.75

Distress zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	37.13×	-29.64×	56.19×	-8.95×	16.78×	-92.95×	11.59×	4.64×
P/B	3.84×	1.26×	1.34×	1.4×	1.72×	1.6×	1.4×	1.47×
P/S	0.44×	0.16×	0.2×	0.21×	0.37×	0.4×	0.3×	0.24×
EV / EBITDA	11.8×	5.51×	6.16×	7.04×	7.69×	9.06×	4.96×	3.59×
Gross margin	8.0%	8.5%	8.5%	7.5%	9.4%	8.7%	13.1%	14.2%
Operating margin	2.8%	-0.3%	-0.3%	-0.6%	0.8%	-0.8%	4.0%	4.8%
Net margin	1.1%	-0.6%	0.4%	-2.4%	2.2%	-0.4%	2.6%	5.2%
Current ratio	1.17×	1.45×	1.58×	1.54×	1.65×	1.69×	1.71×	1.66×
Debt / equity	4.09×	2.19×	1.89×	1.75×	1.39×	1.51×	1.36×	1.33×
Interest coverage	1.18×	-0.16×	-0.2×	-0.47×	0.53×	-0.41×	2.8×	4.07×
Dividend yield	1.6%	3.5%	2.7%	2.7%	1.8%	0.5%	2.2%	2.9%
Payout ratio	63.5%	-101.8%	152.6%	-24.0%	29.4%	-48.4%	25.7%	13.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	9.9%	-4.3%	2.4%	-15.6%	10.2%	-1.8%	12.1%	31.7%
Return on invested capital	0.0%	0.3%	-0.2%	-1.2%	0.9%	7.4%	6.3%	7.9%
Return on assets	1.1%	-0.8%	0.5%	-3.2%	2.6%	-0.4%	3.1%	7.2%
Free cash flow yield	9.0%	8.2%	-1.2%	9.6%	-6.4%	2.1%	8.1%	12.3%
Earnings yield	2.6%	-3.4%	1.8%	-11.1%	6.0%	-1.1%	8.6%	21.6%
Enterprise value	$6.3B	$4.1B	$4.6B	$4.5B	$5.7B	$4.9B	$4.7B	$3.2B
Net debt / EBITDA	5.65×	3.26×	3.31×	3.62×	3.24×	3.86×	2.17×	1.41×
Cash conversion cycle (days)	53	53	54	48	63	63	52	46