Codan Stock

Codan EBIT

The EBIT of Codan (CDA.AX) as of Mar 19, 2026 is 189.48 M AUD.In the previous year, EBIT was 146.62 M AUD — a change of 29.24% (higher).

EBIT

189.48 MAUD

YoY

29.24%

Last updated:

In 2026, Codan's EBIT was 189.48 M AUD, a 29.24% increase from the 146.62 M AUD EBIT recorded in the previous year.

The Codan EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT (M AUD)
Date
EBIT (M AUD)
Jan 1, 2006
12.1 base
Jan 1, 2007
17.3 base
Jan 1, 2008
15.6 base
Jan 1, 2009
21.5 base
Jan 1, 2010
43.8 base
Jan 1, 2011
34.9 base
Jan 1, 2012
44.7 base
Jan 1, 2013
67.1 base
Jan 1, 2014
11.4 base
Jan 1, 2015
17.27 base
Jan 1, 2016
30.02 base
Jan 1, 2017
62.12 base
Jan 1, 2018
54.08 base
Jan 1, 2019
63.57 base
Jan 1, 2020
97.84 base
YEAREBIT (M AUD)
2031 est -
2030 est 318.76
2029 est 278.73
2028 est 255.79
2027 est 225.15
2026 est 189.48
2025 146.62
2024 115.62
2023 92.1
2022 138.21
2021 140.34
2020 97.84
2019 63.57
2018 54.08
2017 62.12
2016 30.02
2015 17.27
2014 11.4
2013 67.1
2012 44.7
2011 34.9
2010 43.8
2009 21.5
2008 15.6
2007 17.3
2006 12.1
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Codan Revenue

Codan Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
117.3 M AUD
12.1 M AUD
8.5 M AUD
Jan 1, 2007
121.6 M AUD
17.3 M AUD
11.2 M AUD
Jan 1, 2008
109.9 M AUD
15.6 M AUD
1 M AUD
Jan 1, 2009
132.4 M AUD
21.5 M AUD
12 M AUD
Jan 1, 2010
189.3 M AUD
43.8 M AUD
14.4 M AUD
Jan 1, 2011
169.6 M AUD
34.9 M AUD
21.8 M AUD
Jan 1, 2012
160.7 M AUD
44.7 M AUD
23.1 M AUD
Jan 1, 2013
233.8 M AUD
67.1 M AUD
45.4 M AUD
Jan 1, 2014
132.3 M AUD
11.4 M AUD
9.2 M AUD
Jan 1, 2015
143.86 M AUD
17.27 M AUD
12.51 M AUD
Jan 1, 2016
169.54 M AUD
30.02 M AUD
15.5 M AUD
Jan 1, 2017
226.1 M AUD
62.12 M AUD
43.52 M AUD
Jan 1, 2018
229.91 M AUD
54.08 M AUD
41.58 M AUD
Jan 1, 2019
270.81 M AUD
63.57 M AUD
45.67 M AUD
Jan 1, 2020
348.02 M AUD
97.84 M AUD
63.8 M AUD

Codan Margins

Codan stock margins

The Codan margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Codan. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Codan.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
43.65 %
10.32 %
7.25 %
Jan 1, 2007
43.83 %
14.23 %
9.21 %
Jan 1, 2008
45.59 %
14.19 %
0.91 %
Jan 1, 2009
46.98 %
16.24 %
9.06 %
Jan 1, 2010
51.82 %
23.14 %
7.61 %
Jan 1, 2011
53.3 %
20.58 %
12.85 %
Jan 1, 2012
60.61 %
27.82 %
14.37 %
Jan 1, 2013
61.21 %
28.7 %
19.42 %
Jan 1, 2014
48.75 %
8.62 %
6.95 %
Jan 1, 2015
54.46 %
12.01 %
8.69 %
Jan 1, 2016
55.99 %
17.71 %
9.14 %
Jan 1, 2017
60.25 %
27.47 %
19.25 %
Jan 1, 2018
57.28 %
23.52 %
18.08 %
Jan 1, 2019
56.62 %
23.47 %
16.86 %
Jan 1, 2020
56.47 %
28.11 %
18.33 %

Codan Stock analysis

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 is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing Codan's EBIT

Codan's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Codan's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Codan's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Codan’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Codan stock

EBIT of Codan amounted to 146.62 M AUD 189.48 M

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — Codan

RevenueGross ProfitEBITEBITDANet IncomeEPSCost of Goods SoldR&D ExpensesSG&A ExpensesOperating ExpensesInterest ExpensePretax IncomeTax ExpenseDepreciation & AmortizationRevenue per ShareEBIT per ShareDiluted EPSEBITDA per ShareOther Income/Expense
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