What is the current Codan market capitalization?
The current market capitalization of Codan is 2.86 B AUD.
Codan Market capitalization 2024
Codan Market capitalization
2.86 B AUD
Ticker
CDA.AX
ISIN
AU000000CDA3
WKN
A0DJ8C
In 2024, Codan's market cap stood at 2.86 B AUD, a 93.29% increase from the 1.48 B AUD market cap in the previous year.
The Codan Market capitalization history
| YEAR | Market Capitalization (undefined AUD) |
|---|---|
| 2024 | 2.86 |
| 2023 | 1.28 |
| 2022 | 1.22 |
| 2021 | 2.61 |
| 2020 | 1.55 |
| 2019 | 0.76 |
| 2018 | 0.5 |
| 2017 | 0.4 |
| 2016 | 0.21 |
| 2015 | 0.17 |
| 2014 | 0.14 |
| 2013 | 0.41 |
| 2012 | 0.26 |
| 2011 | 0.22 |
| 2010 | 0.23 |
| 2009 | 0.12 |
| 2008 | 0.11 |
| 2007 | 0.18 |
| 2006 | 0.18 |
| 2005 | 0.25 |
Codan Aktienanalyse
What does Codan do?
Codan Limited is an Australian company specializing in the development and production of radio communication systems and metal detectors. The company was founded in Adelaide, Australia in 1959 and initially focused on developing radio communication systems for agriculture and other industries. In the 1980s, Codan expanded into markets outside of Australia and began offering a wider range of products. Today, the company has branches in North America, Europe, the Middle East, and Africa, and is one of the leading providers of radio communication systems and metal detectors worldwide. Codan's business model is focused on manufacturing high-quality and reliable devices for communication and metal detection. The company produces devices for professional use, such as for government agencies, military, commercial companies, as well as for the leisure sector. Codan's divisions can be divided into two main categories: communication systems and metal detectors. In the field of communication systems, the company offers a variety of devices including two-way radios, data radios, satellite communication devices, and transmission systems. These devices are typically custom-made according to customer requirements. In the metal detector sector, Codan is a global leader and offers a wide range of professional-grade products including ground search devices, hand detectors, security detectors, and probes. Codan's metal detectors are used in various fields including archaeology, mining, security, and search and rescue operations. In addition to the aforementioned divisions, Codan also offers services such as repair, maintenance, and technical support to ensure that customers receive the best possible service at all times. Some of Codan's product highlights include the Codan NGT series HF two-way radios, which offer a wide range of advanced features including dynamic noise suppression, one-button operation, and full encryption capability. Another product line from Codan is the MT series of metal detectors, which are known for their high sensitivity, lightweight design, and ease of use. In summary, Codan Limited is a leading company specializing in the development and manufacturing of radio communication systems and metal detectors, catering to both professional and leisure sectors. With a wide range of products and services, as well as highly skilled employees, Codan aims to provide customers with the best and most reliable devices at all times. Codan ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Codan's Market Capitalization
Codan's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of Codan's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
Codan's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in Codan’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about Codan stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Codan.
How has the market capitalization of Codan developed in recent years?
The market capitalization of Codan has increased/decreased by 93.29% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of Codan?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of Codan?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of Codan have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does Codan pay?
Over the past 12 months, Codan paid a dividend of 0.32 AUD . This corresponds to a dividend yield of about 2.04 %. For the coming 12 months, Codan is expected to pay a dividend of 0.34 AUD.
What is the dividend yield of Codan?
The current dividend yield of Codan is 2.04 %.
When does Codan pay dividends?
Codan pays a quarterly dividend. This is distributed in the months of March, October, March, October.
How secure is the dividend of Codan?
Codan paid dividends every year for the past 23 years.
What is the dividend of Codan?
For the upcoming 12 months, dividends amounting to 0.34 AUD are expected. This corresponds to a dividend yield of 2.19 %.
In which sector is Codan located?
Codan is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Codan kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Codan from 9/18/2024 amounting to 0.171 AUD, you needed to have the stock in your portfolio before the ex-date on 9/3/2024.
When did Codan pay the last dividend?
The last dividend was paid out on 9/18/2024.
What was the dividend of Codan in the year 2023?
In the year 2023, Codan distributed 0.264 AUD as dividends.
In which currency does Codan pay out the dividend?
The dividends of Codan are distributed in AUD.
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Andere Kennzahlen von Codan
Our stock analysis for Codan Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Codan Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
