Dana Incorporated logo DAN - Dana Incorporated

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 13
HOLD 11
SELL 0
STRONG
SELL
0
| PRICE TARGET: $37.00 DETAILS
HIGH: $41.00
LOW: $33.00
MEDIAN: $39.00
CONSENSUS: $37.00
UPSIDE: 35.38%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Mild
Trading 3.3% above fair value
Current Price $27.33
Bear Case $23.16 15.3% downside ($23.16 - $27.33) / $27.33 = -15.3% $1.43 × 14x P/E
Fair Value $26.46 3.2% downside ($26.46 - $27.33) / $27.33 = -3.2% $1.43 × 16x P/E
Bull Case $29.76 8.9% upside ($29.76 - $27.33) / $27.33 = 8.9% $1.43 × 18x P/E

Adjust Assumptions

16.0x
1.43$

Key Value Driver

Normalized P/E multiple (16x base case)

Implied Market Multiple 19.1x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $37.00 from 24 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $26.46 per share.

Warnings

The company's reported profits differ from official accounting profits by 124%. Check what costs are being left out of the adjusted number.
Dividend-based valuation: $7.38 (below our primary estimate by 68%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $37.00 (from 24 analysts). Our estimate is 38% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples