What is the ROCE (Return on Capital Employed) of Codan this year?
The ROCE of Codan is 0.23 undefined this year.
Codan ROCE 2024
Codan ROCE
0.23
Ticker
CDA.AX
ISIN
AU000000CDA3
WKN
A0DJ8C
In 2024, Codan's return on capital employed (ROCE) was 0.23, a -39.66% increase from the 0.38 ROCE in the previous year.
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.ROCE Details
Unraveling Codan's Return on Capital Employed (ROCE)
Codan's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Codan's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Codan's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Codan’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Codan Stock
How has the ROCE (Return on Capital Employed) of Codan developed compared to the previous year?
The ROCE of Codan has increased by -39.66% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Codan?
A high Return on Capital Employed (ROCE) indicates that Codan has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Codan?
A low ROCE (Return on Capital Employed) can indicate that Codan has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Codan impact the company?
An increase in the ROCE of Codan can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Codan affect the company?
A decrease in ROCE of Codan can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Codan?
Some factors that can affect Codan's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Codan so important for investors?
The ROCE of Codan is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Codan take to improve the ROCE?
To improve the ROCE, Codan can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Codan pay?
Over the past 12 months, Codan paid a dividend of 0.26 AUD . This corresponds to a dividend yield of about 2.2 %. For the coming 12 months, Codan is expected to pay a dividend of 0.28 AUD.
What is the dividend yield of Codan?
The current dividend yield of Codan is 2.2 %.
When does Codan pay dividends?
Codan pays a quarterly dividend. This is distributed in the months of September, March, October, March.
How secure is the dividend of Codan?
Codan paid dividends every year for the past 24 years.
What is the dividend of Codan?
For the upcoming 12 months, dividends amounting to 0.28 AUD are expected. This corresponds to a dividend yield of 2.36 %.
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 3/12/2024 amounting to 0.15 AUD, you needed to have the stock in your portfolio before the ex-date on 2/26/2024.
When did Codan pay the last dividend?
The last dividend was paid out on 3/12/2024.
What was the dividend of Codan in the year 2023?
In the year 2023, Codan distributed 0.4 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.
