Today’s idea:
Recently sold a division at a huge premium
Used proceeds to delever and aggressively buyback stock
Established multi-year targets (2030) with big upside
Closing on RMT transaction with Eaton’s Mobility division in 1Q27
Quick note — next week will be a FREE edition of Quick Value… I started writing this post and wound up loving the idea, decided to purchase some shares, and make it for paying subs.
But, it’s been a while since I’ve run a promo, so here’s a discount for those interested:
Recent write-ups include:
10/29/26 — A look at the VDL portfolio ($)
10/26/26 — New CEO with insider buying at Truist
10/19/26 — New recommendations in the portfolio ($)
10/12/26 — Beaten down CPG stock at Flowers Foods
Quick Value
Dana Inc (DAN)
Ticker: DAN
Price: $23
Shares: 196m (pro-forma)
Market cap: $4.5bn
Valuation: 5.1x EBITDA ($1.4bn pro-forma)
Theme: RMT transaction
Auto suppliers are getting hammered over the last 6 months despite a flat market. It feels like a great time to brush up on names in this industry.
Not only are shares nicely beaten down, but this is also a timely Reverse Morris Trust (RMT) situation where Eaton will spin-off their Mobility business and combine it with Dana.
