TakeoverPE & activists

DANDANA Inc

Motor Vehicle Parts & Accessories · $2.5B market cap · 26,900 employees

0.5×

Less likely than average to be taken private

Top 35% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works

Takeover signals

What an activist or buyer would see: cheap, overpaid, diluted or under pressure.

3of 15 firedHow well they predict deals →
12 other checks
  • TSR below peersNo
    —
    3+ of last 5 years
  • High CEO pay despite TSRNo
    —
    Median CEO pay ≥ $15M while TSR trails
  • Earnings not backed by cashNo
    602% of net income
    Cash flow under 80% of net income
  • Dilutive SBCNo
    1% of revenue
    Over 10% of revenue
  • Goodwill-heavyNo
    4% of assets
    Over 40% of assets
  • Shareholder dissentNo
    95% lowest support
    Any vote under 80% support
  • Quiet on AINo
    3.1 per 10K words · 70th pct
    Bottom quartile of AI mentions in 10-Ks
  • Net cashNo
    2.0× EBITDA net debt
    More cash than debt, positive EBITDA
  • Recurring revenueNo
    4 of 10
    10-K business scored 7+ of 10 for recurring revenue
  • AI-rollup shapedNo
    0 of 10
    10-K business scored 5+ of 10 as an AI-rollup target
  • Active 13DNo
    0 filings
    Active-intent 13D in 18 months
  • Net insider sellingNo
    −$298K net
    Net sales over $10M in 12 months

Deal filings

FiledFormAcquirerPricePremium
Jun 11, 20268-KMobility (USA) Corporation (Eaton's spun-off Vehicle and eMobility businesses)——

Key numbers

Revenue
$7.5BFY2021: $8.9BFY2022: $10.2BFY2023: $7.6BFY2024: $7.7BFY2025: $7.5B
3.0% YoY
Operating margin
1.9%FY2021: 4.4%FY2022: 0.8%FY2023: -1.4%FY2024: -2.3%FY2025: 1.9%
181% YoY
EBITDA
$484MFY2021: $760MFY2022: $451MFY2023: $191MFY2024: $161MFY2025: $484M
201% YoY
Net debt / EBITDA
2.0×
$986M net debt

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$8.9B$10.2B$7.6B$7.7B$7.5B 3.0% FY2021: $8.9BFY2022: $10.2BFY2023: $7.6BFY2024: $7.7BFY2025: $7.5B
Operating income$395M$86M−$108M−$176M$139M 179% FY2021: $395MFY2022: $86MFY2023: −$108MFY2024: −$176MFY2025: $139M
Net income$197M−$242M$38M−$57M$85M 249% FY2021: $197MFY2022: −$242MFY2023: $38MFY2024: −$57MFY2025: $85M
Operating cash flow$158M$649M$476M$450M$512M 14% FY2021: $158MFY2022: $649MFY2023: $476MFY2024: $450MFY2025: $512M
Capex$369M$440M$427M$312M$214M 31% FY2021: $369MFY2022: $440MFY2023: $427MFY2024: $312MFY2025: $214M
Stock-based comp$17M$19M$26M$30M$40M 33% FY2021: $17MFY2022: $19MFY2023: $26MFY2024: $30MFY2025: $40M
Buybacks$23M$25M——$650MFY2021: $23MFY2022: $25MFY2025: $650M
Dividends$58M$58M$58M$58M$54M 6.9% FY2021: $58MFY2022: $58MFY2023: $58MFY2024: $58MFY2025: $54M

13D filers

FiledFilerFormStakeIntent
Jun 18, 2025ICAHN CARL CSCHEDULE 13D/A0.0%Passive
Jan 23, 2025ICAHN CARL CSCHEDULE 13D/A4.1%Active
Aug 19, 2024ICAHN CARL CSC 13D/A—Passive
Feb 7, 2024ICAHN CARL CSC 13D/A4.1%Passive
Jan 7, 2022ICAHN CARL CSC 13D4.1%Active
Jul 26, 2019GAMCO INVESTORS, INC. ET ALSC 13D/A4.1%Passive

Insider trading

−$298Knet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $298K · 11 trades

Pay vs performance

No pay-versus-performance disclosure yet.