Codan Share Price and Company Fundamentals



Price
$8.59
Change
-0.250 (-2.828%)
52 week
6.18 - 17.75

Last traded: Last Friday at 6:10 AM

Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. The company operates through Communications Equipment and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists MIMO MESH; DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions. The Metal Detection segment designs, develops, manufactures, and markets metal detection equipment, such as handheld metal detecting technologies for recreational, gold mining, demining, and military markets. The company sells its products through a network of dealers, distributors, and agents in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, Ireland, Mexico, Singapore, the United Arab Emirates, and internationally. Codan Limited was founded in 1959 and is headquartered in Mawson Lakes, Australia.

Key Metrics

PE ratio

15.73

PB ratio

4.69

Dividend yield

3.34%

Beta

0.81

Market cap

-

Enterprise value

-

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
Websitehttps://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

3.34%

Dividend amount

$0.29

Payout ratio

49.45%

5Y Avg. yield

2.40%

Codan paid $0.29 dividend and the ex-dividend date was 23 Feb 2022.The dividend payout ratio is 49.45%. 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 $0.29 and the forward dividend yield is 3.43%. 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 2022, following are the company executives and directors listed on Codan.

NameTitleAgeTotal Pay
Mr. Michael Barton B.A., C.A., BA (Acc), CACFO & Company Sec.647.74k
Mr. Peter D. CharlesworthExec. Gen. Mang. of Minelab & Codan Defense796.13k
Mr. Scott A. FrenchExec. Gen. Mang. of Land Mobile Radio803.86k
Mr. Alfonso IannielloMD, CEO & Director48
Ms. Kayi LiMang. of Investor Relations

Profitability and management effectiveness

Profit margin

19.84%

Operating margin

29.67%

Return on assets

20.04%

Return on equity

33.06%

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 and its enterprise value is .

The CDA's stocks Beta value is 0.81 making it 19% 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 $8.59.

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 https://www.codan.com.au.

5. Which share registry manages Codan's stock?

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