Codan Stock

Codan EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Codan (CDA.AX) as of Jul 17, 2026 is 42.50. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 53.89 — a change of -21.14% (lower).

EV/EBIT

42.50

YoY

-21.14%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Codan is 2026 42.50 . EV/EBIT (Enterprise Value to EBIT) of Codan was 2025 53.89 . It decreases by -21.14% lower compared to the previous year.

The Codan EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
20.98 base
Jan 1, 2020
20.55 base
Jan 1, 2021
12.05 base
Jan 1, 2022
5.38 base
Jan 1, 2023
16.84 base
Jan 1, 2024
25.32 base
Jan 1, 2025
35.34 base
Jan 1, 2026 (e)
41.80 base
YEARPRICE-TO-EBIT
2026 est 41.80
2025 35.34
2024 25.32
2023 16.84
2022 5.38
2021 12.05
2020 20.55
2019 20.98
2018 9.68
2017 6.44
2016 11.98
2015 7.01
2014 11.86
2013 2.94
2012 8.91
2011 5.71
2010 5.59
2009 7.72
2008 5.04
2007 8.05
2006 18.07
Access this data via the Eulerpool API

Codan Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Codan's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Codan's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Codan's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Codan grows earnings faster than its peers.

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.

Frequently Asked Questions about Codan stock

EV/EBIT (Enterprise Value to EBIT) of Codan is 42.50 in 2026.

Access this data via the Eulerpool API

Valuation — Codan

All Key Metrics — Codan