Danaos Corporation · Tenets
How DAC measures up against value, income, timing, and long-hold tenets. Every criterion shows the live number and the pass rule. Always free.
The tenets below and the 0-100 Tenet Score on this report are two separate computations: each tenet runs its own criteria and its own pass rule, while the score is a percentile composite reported as one of four verdict words (Strong, Solid, Mixed or Weak).
3 / 17 qualify todayas of 2026-10-02 · computed nightly from our fundamentals DB; point-in-time auditable.
QUALIFIES
3
meet every gate today
BORDERLINE
7
within one input of the gate
FAILS
6
miss at least one gate
UNKNOWN
1
insufficient data to judge
passesfailsborderlineunknown
Value — six classic philosophies
Buffett Qualitydurable moat
— Insufficient inputs (2 of 5 known)Unknown — no dataROE ≥ 15%— · ≥ 15.0%
Unknown — no dataGross margin ≥ 40%— · ≥ 40.0%
PassesNet margin ≥ 15%(fiscal 2025: files no quarterly statements)47.4% · ≥ 15.0%
Unknown — no dataDebt/equity ≤ 0.5— · ≤ 0.50
PassesGrowing FCF (multi-yr)(fiscal 2020 to 2025)19.4% per year · > 0
Verdict Unknown for this set.Verdict Unknown for this set. 2 of 5 checks below carry data.Buffett Quality under The screens ›
Piotroski F-Scorefinancial strength
✕ 4 / 9PassesReturn on assets positive(fiscal 2025)9.7% · > 0
PassesOperating cash flow positive(fiscal 2025)$644.8M · > 0
FailsReturn on assets improving(fiscal 2025)11.6% → 9.7%
PassesEarnings backed by cash (CFO > net income)(fiscal 2025)$644.8M vs $494.6M
FailsLeverage falling (long-term debt / assets)(fiscal 2025)16.1% → 17.1%
FailsCurrent ratio improving(fiscal 2025)3.97 → 3.28
PassesNo share dilution (≤ +2%)(fiscal 2025)−4.7%
FailsGross margin expanding(fiscal 2025)The reported cost of revenue collapses to a level implying a 100% gross margin, which we treat as a data artefact rather than a real margin, so gross margin could not be measured. It still scores 0 under this module's conservative rule (a point is never awarded without evidence), and it is not counted as one of the signals we were able to measure.no
FailsAsset turnover improving(fiscal 2025)0.23 → 0.20
Decided by the pass rule for Piotroski F-Score.The pass rule for Piotroski F-Score is what decides that verdict, and it is not restated here. These checks score 4 of 9. 1 of 9 carry no data.Piotroski F-Score under The screens ›
Munger Compoundershigh-ROIC quality
✕ FailsFailsROIC ≥ 15%(fiscal 2025: files no quarterly statements)10.1% · ≥ 15.0%
PassesNet debt/EBITDA ≤ 3×(fiscal 2025: files no quarterly statements)0.2× · ≤ 3.0×
Unknown — no dataAltman Z ≥ 3 (safe zone)— · ≥ 3.00
Decided by the pass rule for Munger Compounders.The pass rule for Munger Compounders is what decides that verdict, and it is not restated here. 1 of 3 carry no data.Munger Compounders under The screens ›
Magic FormulaROC + earnings yield (threshold check; full rank needs universe)
~ BorderlinePassesEBIT > 0(fiscal 2025: files no quarterly statements)$498.8M · > 0
PassesEarnings yield EBIT/EV ≥ 6%(fiscal 2025: files no quarterly statements)16.2% · ≥ 6.0%
FailsReturn on capital ≥ 25%(fiscal 2025: files no quarterly statements)11.9% · ≥ 25.0%
Decided by the pass rule for Magic Formula.The pass rule for Magic Formula is what decides that verdict, and it is not published separately on the methodology page.About this screen ›
Graham Defensivemargin of safety
~ BorderlinePassesSize: market cap ≥ $2B$3.0B · ≥ $2.0B
PassesCurrent ratio ≥ 2(fiscal 2025: files no quarterly statements)3.28 · ≥ 2.00
FailsPositive EPS 10y8y
PassesPays a dividend$0.85 · > 0
PassesEPS growth ≥ 3%/yr(fiscal 2020 to 2025)32.9% per year · ≥ 3.0%
PassesP/E ≤ 15(latest fiscal year: files no quarterly statements)6.04 · ≤ 15.00
PassesP/E × P/B ≤ 22.54.70 · ≤ 22.50
Decided by the pass rule for Graham Defensive.The pass rule for Graham Defensive is what decides that verdict, and it is not restated here.Graham Defensive under The screens ›
Lynch GARPgrowth at reasonable price (historical-CAGR basis)
✕ FailsPassesPEG < 1 (hist. growth)(through fiscal 2025)0.18 · < 1.00
FailsEPS growth 10–30%(fiscal 2020 to 2025)32.9% per year · 10.0%–30.0%
Decided by the pass rule for Lynch GARP.The pass rule for Lynch GARP is what decides that verdict, and it is not restated here.Lynch GARP under The screens ›
Income — dividend safety
Income & Dividend Safetycoverage over headline yield
~ BorderlinePassesPays a dividend$0.85 · > 0
FailsYield in a healthy band (not a yield trap)0.5% · 1.0%–8.0%
Unknown — no dataCovered by free cash flow— · ≥ 1.20
PassesEarnings payout not stretched12.8% · ≤ 75.0%
PassesBalance sheet can sustain the payout0.2× · ≤ 4.0×
FailsAnnual dividend raised 10+ years running (Aristocrat ≥25, King ≥50)4.00 · ≥ 10.00
PassesNo dividend cut in the last 5 yearsLast cut 2020
Unknown — no data5-year dividend growth ≥ 5%/yr— · ≥ 5.0%
Decided by the pass rule for Income & Dividend Safety.The pass rule for Income & Dividend Safety is what decides that verdict, and it is not published separately on the methodology page. 2 of 8 carry no data.
Dividend Growthraises you can count on
~ BorderlinePassesPays a dividend$0.85 · > 0
FailsAnnual dividend raised 10+ years running (Aristocrat ≥25, King ≥50)4.00 · ≥ 10.00
PassesNo dividend cut in the last 5 yearsLast cut 2020
Unknown — no data5-year dividend growth ≥ 5%/yr— · ≥ 5.0%
Unknown — no dataCovered by free cash flow— · ≥ 1.20
PassesPayout not stretched12.8% · ≤ 75.0%
Decided by the pass rule for Dividend Growth.The pass rule for Dividend Growth is what decides that verdict, and it is not restated here. 2 of 6 carry no data.Dividend Growth under The screens ›
Long Hold — quality compounders
Quality Compounderhigh returns, reinvested, few new shares
✕ FailsFailsReturn on invested capital ≥ 15% in 4+ of the last 5 years2 of 4 on file
PassesRevenue compounding ≥ 8%/yr over 5 years17.7% per year · ≥ 8.0%
FailsNot diluting: diluted share count flat-to-down (≤ +1%/yr)2.2% · ≤ 1.0%
Not scored: see the reason belowFree cash flow margin ≥ 12%Free-cash-flow margin isn't derivable yet from the statements we have on file.— · ≥ 12.0%
PassesEarnings backed by cash (operating cash flow ≥ net income)1.30 · ≥ 1.00
Reading: does not hold. Not a gate checkDisciplined buybacks: actively reducing the share count (bonus)reading, not a gate check2.2%
Decided by the pass rule for Quality Compounder.The pass rule for Quality Compounder is what decides that verdict, and it is not restated here. 1 of 5 carry no data. Lines marked as readings are published beside the checks and are not gate checks.Quality Compounder under The screens ›
Timing — dip & swing receipts
Drawdown Contexta dip, not a collapse
~ BorderlineFailsOff its 52-week high by 8–35% (a dip, not a collapse)1.2% · 8.0%–35.0%
PassesDip within its own normal pullback band0.07
PassesNot past where its dips have historically recovered from0.02
PassesA dip in an uptrend (above a rising 200-day)123.81
PassesHigher-low structure still intactstructure intact · higher low
Unknown — no dataClear of the earnings blackout (more than 5 days out)— · > 5.00
Decided by the pass rule for Drawdown Context.The pass rule for Drawdown Context is what decides that verdict, and it is not published separately on the methodology page. 1 of 6 carry no data.
Reversal Evidencedaily close onlysigns the pullback is turning
~ BorderlineFailsA bullish MACD cross within 10 sessions15.00 · ≤ 10.00
PassesReclaimed a rising 50-day EMA149.25
PassesPrinted a higher lowyes
FailsA volume thrust on the turn (≥ 1.2× normal)1.07 · ≥ 1.20
FailsReversal signals fired: 3 of 4 (MACD·MA·HL·Vol)2.00 · ≥ 3.00
Decided by the pass rule for Reversal Evidence.The pass rule for Reversal Evidence is what decides that verdict, and it is not published separately on the methodology page.
Not-a-Value-Trap Gatecheap for a good reason, not a broken one
✕ FailsFailsIn the cheap half of its own 5-year valuation range(through fiscal 2025)0.7×
PassesEarnings estimates not being cut0.03
FailsReturns on capital not deteriorating0.10
Decided by the pass rule for Not-a-Value-Trap Gate.The pass rule for Not-a-Value-Trap Gate is what decides that verdict, and it is not published separately on the methodology page.
Quality Floorpasses the quality/value gate on this dip
✓ QualifiesPassesOperating profit is positive(fiscal 2025: files no quarterly statements)$498.8M · > 0
PassesReturn on invested capital ≥ 10%(fiscal 2025: files no quarterly statements)10.1% · ≥ 10.0%
Not scored: see the reason belowA solvent balance sheet (Altman Z ≥ 1.8, net debt/EBITDA ≤ 4)The Altman Z-score isn't derivable from the statements we have on file, so this two-part test is left unscored.—
PassesQuality score ≥ 5060.50 · ≥ 50.00
PassesRevenue growing over 5 years(fiscal 2020 to 2025)17.7% per year · > 0
Decided by the pass rule for Quality Floor.The pass rule for Quality Floor is what decides that verdict, and it is not published separately on the methodology page. 1 of 5 carry no data.
Qualified Dipa pullback with receipts, not a falling knife
~ BorderlineA research signal from published criteria, not a recommendation.
FailsDrawdown context1.2% off its 52-week high
FailsReversal evidence2 of 4 signals fired
FailsTrap gate1 of 3 held
PassesQuality floor4 of 5 held · 1 no data
Invalidation level (structure break): below this the dip's structure has broken$122.32
Decided by the pass rule for Qualified Dip.The pass rule for Qualified Dip is what decides that verdict, and it is not restated here.Qualified Dip under The screens ›
Trend Alignmentprice in a confirmed uptrend
✓ QualifiesPassesTrading above its 50-day average149.25
PassesTrading above its 200-day average123.81
Passes50-day average above the 200-day (uptrend stack)149.25
Passes50-day average sloping up0.09 · > 0
Decided by the pass rule for Trend Alignment.The pass rule for Trend Alignment is what decides that verdict, and it is not published separately on the methodology page.
Relative Strengthoutperforming, ranked vs the universe
✓ QualifiesPasses3-month return in the top half of the universe0.94 · ≥ 0.50
Passes12-minus-1 momentum in the top half of the universe0.88 · ≥ 0.50
PassesRelative strength vs the S&P 500 improving0.00 · > 0
PassesEarnings estimates being revised up0.03
Decided by the pass rule for Relative Strength.The pass rule for Relative Strength is what decides that verdict, and it is not published separately on the methodology page.
Momentum Triggera trigger you can see
✕ FailsFailsMACD above its signal line2.09
FailsBack above the 50-day on a fresh cross (≤10 sessions)15.00
PassesHigher high and higher low (stair-stepping up)higher high · higher low
FailsA volume thrust on the move (≥ 1.2× normal)1.07 · ≥ 1.20
Decided by the pass rule for Momentum Trigger.The pass rule for Momentum Trigger is what decides that verdict, and it is not published separately on the methodology page.
Volatility Regimecontext, not a signal
Context, not scoredAverage daily swing: normal0.02
Volatility band width: mid-range0.22
Distance from its 52-week high: at / near its highs0.01
✓
Every verdict is auditableEach criterion shows the live number and the pass rule side by side — a receipt, not a rating. Several of these screens publish their rule in full under The screens; each row links to its own section where there is one.
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Unknown ≠ failAn “— Unknown” verdict means the inputs were insufficient: context, not a signal, and never counted as a fail.
Computed from our fundamentals DB; historical-CAGR PEG basis for Lynch. Research, not investment advice. Tenet's rulesets are independently developed from publicly available sources, and Tenet is not affiliated with, sponsored by, endorsed by or otherwise associated with any referenced investor or trademark owner. Full notice. MAGIC FORMULA is a trademark of MagicFormulaInvesting.com LLC.