UL4 Stock Overview

Develops technology solutions for United Nations organizations, security and military groups, government departments, individuals, and small-scale miners. More details

UL4 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	4/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 44.9% below our estimate of its fair value

Earnings are forecast to grow 17.42% per year

Earnings grew by 20.1% over the past year

Risk Analysis

No risks detected for UL4 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Codan Limited Competitors

Jenoptik

XTRA:JEN

€1.3b

Stemmer Imaging

XTRA:S9I

€360.1m

Nynomic

XTRA:M7U

€114.7m

FORTEC Elektronik

XTRA:FEV

€59.2m

Price History & Performance

Summary of share price highs, lows and changes for Codan
Historical stock prices
Current Share Price	AU$9.55
52 Week High	AU$9.95
52 Week Low	AU$7.64
Beta	1.05
1 Month Change	-1.04%
3 Month Change	5.52%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	25.00%

Recent updates

Shareholder Returns

	UL4	DE Electronic	DE Market
7D	1.6%	0.9%	-2.6%
1Y	n/a	-19.0%	6.9%

Return vs Industry: Insufficient data to determine how UL4 performed against the German Electronic industry.

Return vs Market: Insufficient data to determine how UL4 performed against the German Market.

Price Volatility

Is UL4's price volatile compared to industry and market?
UL4 volatility
UL4 Average Weekly Movement	4.3%
Electronic Industry Average Movement	5.1%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.2%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: UL4 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine UL4's volatility change over the past year.

About the Company

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

Codan Limited develops technology solutions for United Nations organizations, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions.

Codan Limited Fundamentals Summary

How do Codan's earnings and revenue compare to its market cap?
UL4 fundamental statistics
Market cap	€1.76b
Earnings (TTM)	€48.78m
Revenue (TTM)	€329.95m

36.1x

P/E Ratio

5.3x

P/S Ratio

Is UL4 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UL4 income statement (TTM)
Revenue	AU$550.46m
Cost of Revenue	AU$245.23m
Gross Profit	AU$305.23m
Other Expenses	AU$223.84m
Earnings	AU$81.39m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.45
Gross Margin	55.45%
Net Profit Margin	14.79%
Debt/Equity Ratio	21.3%

How did UL4 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

50%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 20:12
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

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 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.

Analyst	Institution
Daniel Laing	Bell Potter
Cameron Bell	Canaccord Genuity
Tim Plumbe	CGS International