Dana Incorporated: Positive Read-Throughs From Recent Investor Event

The Value PendulumInvesting Group LeaderFollow5ShareSavePlay(7min)CommentsSummaryI maintain my "Buy" rating for Dana, following my assessment of its Capital Markets Day disclosures.DAN aims to outpace the North American commercial vehicle market by 600bps annually and also expand into defense and powersport segments for incremental growth.It is also targeting 4ppts of EBITDA margin improvement over the next few years via SKU rationalization and a greater focus on the high-return aftermarket business.Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » Monty Rakusen/DigitalVision via Getty Images I've retained a "Buy" rating for Dana Incorporated (DAN). The company's promising financial prospects aren't fully factored into its valuations. Its new 2030 EPS target of $8 implies an annualized increase at the low-30s percentage level. But the stock is valued by theThis article was written byThe Value Pendulum13.36K FollowersFollowThe Value Pendulum is an Asian equity market specialist with over a decade of experience on both the buy and sell sides.He is the author of the investing group Asia Value & Moat Stocks, providing ideas for value investors seeking investment opportunities listed in Asia, with a particular focus on the Hong Kong market. He hunts for deep value balance sheet bargains and wide moat stocks and provides a range of watch lists with monthly updates within his investing group.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.