Codan Share Price and Company Fundamentals



Price
$17.13
Change
0.270 (1.601%)
52 week
8.09 - 19.43

Last traded: Today at 1:49 AM

Codan Limited develops rugged and electronics solutions for organizations, mining companies, security and military groups, and governments worldwide. It operates through three segments: Communications Equipment, Metal Detection, and Tracking Solutions. The company designs, develops, manufactures, and markets communications equipment for tactical and land mobile radios. It also designs, develops, manufactures, and markets metal detection equipment, including handheld metal detecting technologies for recreational, gold mining, and demining markets. In addition, the company engages in the design, manufacture, maintenance, and support of a range of electronic products and associated software for the mining sector. It provides tracking solutions, which enable real-time monitoring and control of mining operations, for underground hard-rock mines. Further, the company offers manufacturing and support services to the Australian defense industry. It serves its customers through a network of dealers, distributors, and agents. Codan Limited was founded in 1959 and is headquartered in Mawson Lakes, Australia.

Key Metrics

PE ratio

41.48

PB ratio

11.54

Dividend yield

1.28%

Beta

0.59

Market cap

$3.09B

Enterprise value

$2.96B

Company profile

Primary activitiesCodan Limited designs, manufactures and markets a diversified range of high value-added electronics products for global government, business, aid and humanitarian, and sophisticated consumer markets. Our core products are radio communications, metal detectors and mining technology.
Industry / SectorScientific & Technical Instruments / Technology
Full time employees450
Websitehttp://www.codan.com.au
Mailing addressTechnology Park 2 Second Avenue Mawson Lakes SA 5095 Australia
Phone / Fax61 8 8305 0311 / 61 8 8305 0411
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Codan Dividend history, yield and payout ratio

Dividend yield

1.28%

Dividend amount

$0.22

Payout ratio

44.79%

5Y Avg. yield

2.39%

Codan paid $0.22 dividend and the ex-dividend date was 24 Feb 2021.The dividend payout ratio is 44.79%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CDA dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CDA's forward dividend amount is $0.21 and the forward dividend yield is 1.25%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Codan.

NameTitleAgeTotal Pay
Mr. Donald S. McGurk M.B.A., HNC(Mech Eng), MBA, FAICD, Harvard AMPMD, CEO & Exec. Director581.19M
Mr. Michael Barton B.A., C.A., BA (Acc), CACFO & Company Sec.616.15k
Mr. Peter D. CharlesworthExec. Gen. Mang. of Minelab & Codan Defense752.23k
Mr. Scott A. FrenchExec. Gen. Mang. of Land Mobile Radio760.66k
Ms. Kayi LiHead of Investor Relations

Profitability and management effectiveness

Profit margin

20.10%

Operating margin

30.91%

Return on assets

20.52%

Return on equity

30.19%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Codan is 3.09B and its enterprise value is 2.96B. The enterprise value to revenue ratio of CDA is 7.96.

The CDA's stocks Beta value is 0.59 making it 41% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Codan (ASX:CDA) Frequently Asked Questions

1. What is Codan's Stock Symbol?

Codan trades on ASX under the ticker symbol "CDA".

2. What is Codan's stock price today?

One share of CDA stock can currently be purchased for approximately $17.13.

3. How can I contact Codan?

Codan's mailing address is Technology Park 2 Second Avenue Mawson Lakes SA 5095 Australia. The company can be reached via phone at 61 8 8305 0311.

4. What is Codan's official website?

The official website of Codan is http://www.codan.com.au.

5. Which share registry manages Codan's stock?

Codan's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.