What is the price-to-earnings ratio of Codan?
The price-earnings ratio of Codan is currently 3.61.
Codan P/S 2024
Codan P/S
3.61
Ticker
CDA.AX
ISIN
AU000000CDA3
WKN
A0DJ8C
As of Nov 30, 2024, Codan's P/S ratio stood at 3.61, a 29.39% change from the 2.79 P/S ratio recorded in the previous year.
The Codan P/S history
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.P/S Details
Decoding Codan's P/S Ratio
Codan's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Codan's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Codan's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Codan’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Codan stock
How has the price-earnings ratio of Codan changed compared to last year?
The price-to-earnings ratio of Codan has increased by 29.39% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Codan high compared to other companies?
Yes, the price-to-earnings ratio of Codan is high compared to other companies.
How does an increase in the price-earnings ratio of Codan affect the company?
An increase in the price-earnings ratio of Codan would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Codan affect the company?
A decrease in the price-earnings ratio of Codan would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Codan?
Some factors that influence the price-earnings ratio of Codan are the company's growth, financial position, industry development, and the overall economic situation.
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 2.06 %. 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 2.06 %.
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 2.2 %.
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.
