Codan Limited

ASX:CDA Stock Report

Market Cap: AU$2.9b

Codan Management

Management criteria checks 2/4

Codan's CEO is Alf Ianniello, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is A$1.49M, comprised of 65.2% salary and 34.8% bonuses, including company stock and options. directly owns 0.056% of the company’s shares, worth A$1.65M. The average tenure of the management team and the board of directors is 2.3 years and 2.9 years respectively.

Key information

Alf Ianniello

Chief executive officer

AU$1.5m

Total compensation

CEO salary percentage65.2%
CEO tenure2.9yrs
CEO ownership0.06%
Management average tenure2.3yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

These 4 Measures Indicate That Codan (ASX:CDA) Is Using Debt Reasonably Well

Dec 09
These 4 Measures Indicate That Codan (ASX:CDA) Is Using Debt Reasonably Well

Codan Limited's (ASX:CDA) Shares Climb 27% But Its Business Is Yet to Catch Up

Sep 04
Codan Limited's (ASX:CDA) Shares Climb 27% But Its Business Is Yet to Catch Up

Codan Limited's (ASX:CDA) Price Is Out Of Tune With Earnings

Jun 13
Codan Limited's (ASX:CDA) Price Is Out Of Tune With Earnings

Should You Think About Buying Codan Limited (ASX:CDA) Now?

May 08
Should You Think About Buying Codan Limited (ASX:CDA) Now?

An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 32% Undervalued

Apr 24
An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 32% Undervalued

Capital Allocation Trends At Codan (ASX:CDA) Aren't Ideal

Mar 26
Capital Allocation Trends At Codan (ASX:CDA) Aren't Ideal

There's Reason For Concern Over Codan Limited's (ASX:CDA) Massive 27% Price Jump

Feb 22
There's Reason For Concern Over Codan Limited's (ASX:CDA) Massive 27% Price Jump

A Look At The Fair Value Of Codan Limited (ASX:CDA)

Nov 30
A Look At The Fair Value Of Codan Limited (ASX:CDA)

Codan's (ASX:CDA) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 31
Codan's (ASX:CDA) Shareholders Will Receive A Smaller Dividend Than Last Year

Codan (ASX:CDA) Has A Pretty Healthy Balance Sheet

Jun 23
Codan (ASX:CDA) Has A Pretty Healthy Balance Sheet

Some Investors May Be Worried About Codan's (ASX:CDA) Returns On Capital

Apr 13
Some Investors May Be Worried About Codan's (ASX:CDA) Returns On Capital

Time To Worry? Analysts Are Downgrading Their Codan Limited (ASX:CDA) Outlook

Oct 28
Time To Worry? Analysts Are Downgrading Their Codan Limited (ASX:CDA) Outlook

Codan (ASX:CDA) Is Aiming To Keep Up Its Impressive Returns

Oct 27
Codan (ASX:CDA) Is Aiming To Keep Up Its Impressive Returns

Is Codan (ASX:CDA) Using Too Much Debt?

Oct 11
Is Codan (ASX:CDA) Using Too Much Debt?

Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Sep 26
Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Should You Investigate Codan Limited (ASX:CDA) At AU$7.67?

Aug 19
Should You Investigate Codan Limited (ASX:CDA) At AU$7.67?

Is There An Opportunity With Codan Limited's (ASX:CDA) 50% Undervaluation?

Jul 18
Is There An Opportunity With Codan Limited's (ASX:CDA) 50% Undervaluation?

Capital Investment Trends At Codan (ASX:CDA) Look Strong

Jun 28
Capital Investment Trends At Codan (ASX:CDA) Look Strong

These 4 Measures Indicate That Codan (ASX:CDA) Is Using Debt Safely

May 31
These 4 Measures Indicate That Codan (ASX:CDA) Is Using Debt Safely

Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Apr 04
Here's Why We Think Codan (ASX:CDA) Is Well Worth Watching

Capital Investment Trends At Codan (ASX:CDA) Look Strong

Mar 07
Capital Investment Trends At Codan (ASX:CDA) Look Strong

Analysts Just Made A Major Revision To Their Codan Limited (ASX:CDA) Revenue Forecasts

Feb 21
Analysts Just Made A Major Revision To Their Codan Limited (ASX:CDA) Revenue Forecasts

Codan (ASX:CDA) Could Easily Take On More Debt

Feb 17
Codan (ASX:CDA) Could Easily Take On More Debt

Is Codan Limited (ASX:CDA) Trading At A 45% Discount?

Jan 19
Is Codan Limited (ASX:CDA) Trading At A 45% Discount?

Does Codan (ASX:CDA) Deserve A Spot On Your Watchlist?

Dec 20
Does Codan (ASX:CDA) Deserve A Spot On Your Watchlist?

Investors Should Be Encouraged By Codan's (ASX:CDA) Returns On Capital

Dec 06
Investors Should Be Encouraged By Codan's (ASX:CDA) Returns On Capital

An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 33% Undervalued

Oct 05
An Intrinsic Calculation For Codan Limited (ASX:CDA) Suggests It's 33% Undervalued

Codan's (ASX:CDA) Upcoming Dividend Will Be Larger Than Last Year's

Aug 21
Codan's (ASX:CDA) Upcoming Dividend Will Be Larger Than Last Year's

Returns On Capital Are A Standout For Codan (ASX:CDA)

Aug 13
Returns On Capital Are A Standout For Codan (ASX:CDA)

Calculating The Fair Value Of Codan Limited (ASX:CDA)

Jul 06
Calculating The Fair Value Of Codan Limited (ASX:CDA)

CEO Compensation Analysis

How has Alf Ianniello's remuneration changed compared to Codan's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024AU$1mAU$973k

AU$81m

Mar 31 2024n/an/a

AU$78m

Dec 31 2023n/an/a

AU$75m

Sep 30 2023n/an/a

AU$71m

Jun 30 2023AU$1mAU$987k

AU$68m

Mar 31 2023n/an/a

AU$75m

Dec 31 2022n/an/a

AU$82m

Sep 30 2022n/an/a

AU$91m

Jun 30 2022AU$1mAU$519k

AU$101m

Compensation vs Market: Alf's total compensation ($USD927.98K) is below average for companies of similar size in the Australian market ($USD1.38M).

Compensation vs Earnings: Alf's compensation has increased by more than 20% in the past year.

CEO

Alf Ianniello (51 yo)

2.9yrs

Tenure

AU$1,492,838

Compensation

Mr. Alfonso Ianniello, also known as Alf, Wharton GCP, GradCertMgmt, BEng(Electronics), serves as Managing Director, Director and Chief Executive Officer at Codan Limited since January 4, 2022. He began as...

Leadership Team

NamePositionTenureCompensationOwnership
Alfonso Ianniello
MD, CEO & Director2.9yrsAU$1.49m0.056%
A$ 1.6m
S. Sangster
President & Executive GM of Tactical Communicationsno dataAU$1.28m0.057%
A$ 1.7m
Ben Harvey
President & Executive GM of Minelab1.2yrsAU$1.05m0.00077%
A$ 22.5k
Scott French
President & Executive General Manager of Zetron5.8yrsAU$1.34m0.033%
A$ 973.7k
Michael Barton
CFO & Company Secretary16.6yrsAU$524.16k0.073%
A$ 2.1m
Kayi Li
Manager of Investor Relationsno datano datano data
Daniel Widera
General Counsel & Joint Company Secretary2.3yrsno datano data
Daniel Hutchinson
Executive General Manager of Strategy1.4yrsno datano data
Marjolijn Woods
Chief Human Resource Officer1.9yrsno datano data

2.3yrs

Average Tenure

Experienced Management: CDA's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alfonso Ianniello
MD, CEO & Director2.9yrsAU$1.49m0.056%
A$ 1.6m
Kathryn Gramp
Independent Non-Executive Director9.1yrsAU$116.42k0.015%
A$ 450.7k
Graeme Rodger Barclay
Independent Non-Executive Chairman9.8yrsAU$150.50k0.069%
A$ 2.0m
Heith MacKay-Cruise
Independent Non-Executive Director1.8yrsAU$106.72k0.011%
A$ 313.9k
Sarah Adam-Gedge
Independent Non-Executive Director1.8yrsAU$106.72k0.010%
A$ 299.3k

2.9yrs

Average Tenure

Experienced Board: CDA's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 06:39
End of Day Share Price 2024/12/31 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Codan Limited is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel LaingBell Potter
Cameron BellCanaccord Genuity
Tim PlumbeCGS International