Codan (CDA) Stock Overview

Engages in the design, development, manufacture, and sale of communications equipment and solutions, and metal detection equipment. More details

CDA fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	6/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 13.67% per year

Earnings grew by 69.3% over the past year

Risk Analysis

CDA passed our risk checks.

CDA Community Fair Values

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Codan Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Codan
Historical stock prices
Current Share Price	AU$50.03
52 Week High	AU$51.76
52 Week Low	AU$25.83
Beta	1.4
1 Month Change	2.08%
3 Month Change	19.20%
1 Year Change	66.10%
3 Year Change	523.82%
5 Year Change	286.63%
Change since IPO	7,423.31%

Recent updates

Shareholder Returns

	CDA	AU Electronic	AU Market
7D	11.5%	9.2%	0.003%
1Y	66.1%	54.5%	-2.0%

Return vs Industry: CDA exceeded the Australian Electronic industry which returned 54.5% over the past year.

Return vs Market: CDA exceeded the Australian Market which returned -2% over the past year.

Price Volatility

Is CDA's price volatile compared to industry and market?
CDA volatility
CDA Average Weekly Movement	6.1%
Electronic Industry Average Movement	9.8%
Market Average Movement	9.5%
10% most volatile stocks in AU Market	16.6%
10% least volatile stocks in AU Market	3.9%

Stable Share Price: CDA has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: CDA's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1959	n/a	Alf Ianniello	codan.com.au

Codan Limited engages in the design, development, manufacture, and sale of communications equipment and solutions, and metal detection equipment. It operates in two segments, Communications and Metal Detection. The Communications segment designs, develops, manufactures, and markets communication equipment, such as DTC and Zetron.

Codan Limited Fundamentals Summary

How do Codan's earnings and revenue compare to its market cap?
CDA fundamental statistics
Market cap	AU$9.10b
Earnings (TTM)	AU$175.18m
Revenue (TTM)	AU$874.97m

51.9x

P/E Ratio

10.4x

P/S Ratio

Is CDA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CDA income statement (TTM)
Revenue	AU$874.97m
Cost of Revenue	AU$356.37m
Gross Profit	AU$518.60m
Other Expenses	AU$343.42m
Earnings	AU$175.18m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	0.96
Gross Margin	59.27%
Net Profit Margin	20.02%
Debt/Equity Ratio	2.5%

How did CDA perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

50%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/21 01:17
End of Day Share Price	2026/09/21 00:00
Earnings	2026/06/30
Annual Earnings	2026/06/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 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 Github.

Analyst Sources

Codan Limited is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Josh Kannourakis	Barrenjoey Markets Pty Limited
Baxter Kirk	Bell Potter
Daniel Laing	Bell Potter

Codan (CDA) Stock Overview

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Risk Analysis

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Codan Limited Competitors

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Dicker Data

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Price History & Performance

Recent News & Updates

Codan Limited, Annual General Meeting, Oct 20, 2026

Final dividend of AU$0.29 announced

Full year 2026 earnings released: EPS: AU$0.96 (vs AU$0.57 in FY 2025)

Insufficient new directors

Investor sentiment improves as stock rises 22%

Codan Limited to Report Fiscal Year 2026 Results on Aug 20, 2026

Recent updates

Codan Limited, Annual General Meeting, Oct 20, 2026

Final dividend of AU$0.29 announced

Full year 2026 earnings released: EPS: AU$0.96 (vs AU$0.57 in FY 2025)

Insufficient new directors

Investor sentiment improves as stock rises 22%

Codan Limited to Report Fiscal Year 2026 Results on Aug 20, 2026

Investor sentiment improves as stock rises 27%

Codan Limited to Report First Half, 2026 Results on Feb 19, 2026

Codan Limited, Annual General Meeting, Oct 22, 2025

Investor sentiment improves as stock rises 26%

Final dividend increased to AU$0.16

Full year 2025 earnings released: EPS: AU$0.57 (vs AU$0.45 in FY 2024)

Codan Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2025, Payable September 17, 2025

Codan Limited to Report Fiscal Year 2025 Results on Aug 21, 2025

Now 21% undervalued

MD, CEO & Director recently bought AU$341k worth of stock

Codan Limited, Annual General Meeting, Oct 23, 2024

Investor sentiment improves as stock rises 16%

Final dividend increased to AU$0.12

Codan Limited Announces Ordinary Fully Franked Dividend for the Six Months Ended June 30, 2024, Payable on September 18, 2024

Full year 2024 earnings released

Codan Limited to Report Fiscal Year 2024 Results on Aug 22, 2024

Now 20% undervalued

Now 20% undervalued

First half dividend of AU$0.10 announced

First half 2024 earnings released: EPS: AU$0.21 (vs AU$0.17 in 1H 2023)

Investor sentiment improves as stock rises 16%

Codan Limited to Report First Half, 2024 Results on Feb 21, 2024

Now 21% undervalued

Codan Limited, Annual General Meeting, Oct 25, 2023

Full year 2023 earnings released

Codan Limited Announces Ordinary Fully Paid Dividend for Six Months Ended June 30, 2023, Payable on September 20, 2023

Codan Limited to Report Fiscal Year 2023 Results on Aug 17, 2023

Less than half of directors are independent

Codan Limited Announces Ordinary Fully Paid Dividend for Six Months Ended December 31, 2022, Payable on March 10, 2023

First half 2023 earnings released: EPS: AU$0.17 (vs AU$0.28 in 1H 2022)

Codan Limited Announces Management Changes

Codan Limited to Report First Half, 2023 Results on Feb 16, 2023

Investor sentiment improves as stock rises 19%

Codan Limited Revises Earnings Guidance for the First Half Year Ended 31 December 2022

Insider recently bought AU$11m worth of stock

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Independent Non-Executive Director recently bought AU$230k worth of stock

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Full year 2022 earnings released: EPS: AU$0.56 (vs AU$0.50 in FY 2021)

Independent Non-Executive Director recently bought AU$108k worth of stock

MD, CEO & Director recently bought AU$106k worth of stock

Investor sentiment improved over the past week

MD, CEO & Director recently bought AU$182k worth of stock

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Independent Non-Executive Director recently bought AU$50k worth of stock

Independent Chairman recently bought AU$80k worth of stock

Investor sentiment deteriorated over the past week

Full year 2021 earnings released: EPS AU$0.50 (vs AU$0.35 in FY 2020)

Caterpillar Holdings Australia Pty. Ltd. competed the acquisition of Minetec Pty. Ltd. from Codan Limited (ASX:CDA).

MD, CEO & Executive Director recently sold AU$2.5m worth of stock

Caterpillar Holdings Australia Pty. Ltd. agreed to acquire Minetec Pty. Ltd. from Codan Limited (ASX:CDA) for approximately $14 million.

Codan Limited (ASX:CDA) completed the acquisition of Domo Tactical Communications, Inc from Marlin Equity Partners, LLC.

First half 2021 earnings released: EPS AU$0.23 (vs AU$0.17 in 1H 2020)

Revenue beats expectations