Codan (CDA.AX) Stock Price
Codan Price
Over the last 19 years Codan grew revenue by 10.9% annually, reaching 874.97 M AUD. Earnings per share have grown at 14.8% per year over the last 19 years. For Codan, the net margin of 20.0% is broadly stable versus 19.9% a few years ago. At today's price the dividend yield works out to roughly 0.67%. The payout ratio is around 72% of earnings. The dividend has grown at 8.3% per year over the past 19 years. The consensus 12-month price target for Codan is 37.74 AUD, about 40.0% below where the stock trades today. Of 11 analysts, 6 rate the stock a buy — an overall Buy consensus.
Codan stock price
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Codan business model & stock analysis
Frequently asked questions about Codan
The main competitors of Codan Ltd in the market include major players such as Motorola Solutions Inc., Harris Corporation, and Icom Incorporated. These companies operate in the same industry as Codan Ltd, manufacturing and providing innovative communication solutions and equipment. By consistently delivering high-quality products and services, Codan Ltd remains competitive in the market and strives to differentiate itself through technological advancements and customer-centric approach.
Codan Ltd operates as a diversified technology company. Its business model primarily focuses on developing and manufacturing a wide range of innovative solutions for industries such as communications, metal detection, and mining technology. Codan Ltd offers advanced communication equipment, including high-frequency radio systems and satellite communication devices, to address the needs of various sectors. Additionally, the company manufactures metal detectors utilized in security applications and resource exploration. Through its mining technology division, Codan Ltd delivers robust solutions for underground communications and positioning systems. Overall, Codan Ltd's business model emphasizes technological advancements and comprehensive solutions tailored to meet industry-specific requirements.
Codan Ltd is primarily active in the advanced electronics and communications technology industry.
Codan Ltd. is an Australian technology company that specializes in the design, manufacturing, and distribution of communication equipment, metal detection products, and tracking solutions. Established in 1959, Codan has grown to become a global leader in its field. With a strong focus on innovation and customer satisfaction, Codan has continuously evolved its product portfolio to meet the changing needs of various industries, including government, military, humanitarian, and mining sectors. With a rich history spanning over six decades, Codan has established a reputation for delivering reliable, high-quality solutions that enable communication and connectivity in even the most challenging environments.
Codan Ltd, a leading technology solutions provider, has attained several major milestones throughout its history. Notably, the company successfully introduced its flagship product, the Codan radio, in 1959, revolutionizing communication in remote areas. Codan's collaboration with Cochlear in the 1980s resulted in the development of pioneering hearing implant technology. Furthermore, Codan's acquisition of Daniels Electronics in 2011 expanded its market reach, solidifying its position in the critical communications industry. Recently, Codan achieved a significant milestone by surpassing $1 billion in market capitalization, showcasing its strong growth and investor confidence. These achievements exemplify Codan Ltd's commitment to innovation, strategic partnerships, and delivering value to its stakeholders.
Codan Ltd is primarily present in Australia and New Zealand.
Codan Ltd represents a set of core values and corporate philosophy that drive its operations and decision-making processes. The company focuses on delivering exceptional quality and value to its customers, aiming to consistently exceed their expectations. Codan Ltd believes in fostering an innovative and inclusive culture, promoting teamwork and collaboration across all levels of the organization. With a strong emphasis on integrity and ethical conduct, Codan Ltd strives to build lasting partnerships with its stakeholders. Commitment to sustainability and responsible business practices is also a key aspect of the company's philosophy, ensuring long-term success and positive social impact.
Analysts currently set an average price target of 34.84 AUD for the Codan stock (median: 37.74 AUD), implying -43.9 % versus the latest price. The consensus is based on 11 analyst ratings.
11 analysts currently rate the Codan stock: 6 recommend buying, 5 holding and 0 selling.
Converted at the current exchange rate, the Codan share trades at 38.88 EUR (62.90 AUD).
The Codan share (CDA.AX) is listed on 2 stock exchanges, including: ASX (CDA.AX).
Codan Ltd is an Australian company based in Melbourne that has been successfully operating in the fields of communication, security, and entertainment for over 60 years. They have evolved from being a simple producer of radios to a leading provider of secure and robust communication and security solutions that support employees in their work and can save lives. Codan operates in three business areas: electronics, metal processing, and security. In the electronics sector, they offer wireless communication solutions and high-frequency (HF) systems for military and civilian applications. These high-tech radios are designed for durability and can handle various challenges, from the desert to the Arctic. Codan also provides HF antennas and accessories, mobile and stationary transceiver units, automatic tuning systems, and power supply units. In the metal processing sector, Codan produces metal alloys and components for various industries, including mining, aviation, and defense. They specialize in manufacturing alloys and components that have high strength and corrosion resistance and can be used in demanding environments. This includes alloys and components used in airplanes, satellites, and rockets. The security business area includes a variety of products, including security systems, alarm systems, and surveillance cameras. Codan's goal is to solve customers' security-related challenges from A to Z - from planning and installation of security systems, deploying personnel and technology, to maintenance and remote monitoring. They offer customized solutions for a wide range of industries, from banks to gold mines. Codan has strengthened its position in core business areas through acquisitions and is continuously looking for new opportunities to expand its portfolio. Recently, they announced the acquisition of the Diversified Communications Group (DCG), a leading provider of digital radio and networking solutions, to strengthen their position in the wireless communication solutions sector. Codan focuses on high-quality products, customer-centric service, sustainable business practices, and innovative technologies. The company has received numerous awards for successful innovation and sustainable value creation. Codan remains at the forefront of the industry and looks towards a successful future.
The revenue of Codan is 874.97 M AUD. This figure is based on current financial data and reflects the company's business performance.
The profit of Codan is 175.18 M AUD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Codan is currently 65.61. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Codan stock.
The price-to-sales ratio (P/S) of Codan is currently 13.14. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Codan stock.
The Eulerpool Quality Score for Codan is 7/10.
The ISIN of Codan is AU000000CDA3. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Codan is A0DJ8C. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Codan is CDA.AX. The ticker symbol is used to trade Codan shares on the stock exchange.
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All fundamentals and in-depth analysis of Codan
Our stock analysis for Codan 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.