Home Stock

Stock Research: Codan

Independent, rules-based stock research to judge this stock's true performance: Cut through market noise and find high-growth or high-value gems from 8,000+ stocks worldwide.

Codan

ASX:CDA AU000000CDA3
29
  • Value
    20
  • Growth
    82
  • Safety
    Safety
    16
  • Combined
    23
  • Sentiment
    46
  • 360° View
    360° View
    29
Unlock
What factors are driving this 360° View?
Subscribe to View
Company Description

Codan Limited is an Australia-based technology company developing robust solutions for communications, safety, security, and productivity. It operates in Communications (Domo Tactical Communications, Zetron), Metal Detection (Minelab), and tracking products for Caterpillar Inc. The company sells products in over 150 countries globally. In the last fiscal year, the company had 900 employees, a market cap of $2264 million, profits of $203 million, and revenue of $367 million.

more

ANALYSIS: With an Obermatt 360° View of 29 (better than 29% compared with alternatives), overall professional sentiment and financial characteristics for the stock Codan are below the industry average. The 360° View is based on consolidating four consolidated indicators, with three out of four indicators below average for Codan. The consolidated Growth Rank has a good rank of 82, which means that the company experiences above-average growth momentum when looking at financial metrics such as revenue, profit, and invested capital growth, as well as stock returns. It ranks higher than 82% of competitors in the same industry. The other indicators are below average, namely the Value, Safety, and Sentiment Ranks.The Value Rank at 20 means that the share price of Codan is on the high side compared with its peers regarding revenues, profits, and invested capital. The stock price is higher than for 80% of alternative stocks in the same industry. The consolidated Safety Rank has a riskier rank of 16, which means that the company has a riskier financing structure than 84% comparable companies when looking at the amount of its debt, its refinancing requirements, and its ability to service debt. The consolidated Sentiment Rank also has a low rank of 46, indicating professional investors are more pessimistic about the stock than for 54% of alternative investment opportunities. ...read more

more
Strongest Rank Price vs. Book (P/B)
Weakest Rank Opinions Change
Country Australia
Industry Electronic Equipment
Size Medium
Website codan.com.au
Index
ASX 200
ASX 300
Codan stock price by TradingView. Not sourced by Obermatt.
Similar Add to Watchlist Similar See Similar Stocks
The higher the 360° View, the better the stock performed against its peers, considering all metrics. The 360° View represents an average of the other 5 ranks and is then scaled to a rank from 1 to 100. The shaded values are illustrative only.
Last update: 13-Mar-2026.

Make Sense of the Ranks

The higher, the better. For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. These ranks are percentiles: a rank of 75 means the company outperforms 75% of its peers in that specific area. The higher the rank, the better the stock stacks up against its peers.

Value
Identifies how good a value the stock is.
Good Value Expensive
Combined
Consolidated view across Value, Growth, and Safety.
Good Tread Carefully
Growth
Shows a company's growth potential.
High Growth Tough Times
Sentiment
Shows what the market thinks of a stock.
Positive Sentiment Skepticism
Safety
Safety
Assesses how financially secure a company is.
Well-Financed High Leverage
360° View
360° View
Holistic stock analysis: all key non-/financial metrics
Good Watch Out

Detailed and Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history. Unlock the analysis.

Unlock Ranks

Unlock all 15 detailed ranks and historical data for 6,500+ stocks.

Subscribe to Unlock
Metrics Current 2025 2024 2023
Value
20 3 16 29
Growth
82 87 81 37
Safety
Safety
16 18 20 51
Sentiment
46 45 83 28
360° View
360° View
29 28 41 17
Unlock Similar Stocks

Unlock all 15 detailed ranks and historical data for 6,500+ stocks.

Subscribe to Unlock
Metrics Current 2025 2024 2023
Analyst Opinions
25 32 37 81
Opinions Change
90 50 93 50
Pro Holdings
n/a 71 100 8
Market Pulse
53 42 43 27
Sentiment
46 45 83 28
Unlock Similar Stocks

Unlock all 15 detailed ranks and historical data for 6,500+ stocks.

Subscribe to Unlock
Metrics Current 2025 2024 2023
Value
20 3 16 29
Growth
82 87 81 37
Safety Safety
16 18 20 51
Combined
23 20 28 21
Unlock Similar Stocks

Unlock all 15 detailed ranks and historical data for 6,500+ stocks.

Subscribe to Unlock
Metrics Current 2025 2024 2023
Price vs. Sales (P/S)
15 11 26 27
Price vs. Earnings (P/E)
35 9 40 44
Price vs. Book (P/B)
9 9 25 17
Dividend Yield
58 32 48 50
Value
20 3 16 29
Unlock Similar Stocks

Unlock all 15 detailed ranks and historical data for 6,500+ stocks.

Subscribe to Unlock
Metrics Current 2025 2024 2023
Revenue Growth
81 70 55 48
Profit Growth
66 60 78 31
Capital Growth
43 59 21 75
Stock Returns
84 93 97 11
Growth
82 87 81 37
Unlock Similar Stocks

Unlock all 15 detailed ranks and historical data for 6,500+ stocks.

Subscribe to Unlock
Metrics Current 2025 2024 2023
Leverage
36 43 51 68
Refinancing
18 12 14 3
Liquidity
45 33 34 81
Safety Safety
16 18 20 51

Similar Stocks

Discover high‑ranked alternatives to Codan and broaden your portfolio horizons.

Macnica Holdings

TYO:3132
Country: Japan
Industry: Technology Distributors
Size: Large
Full Stock Analysis

Daiwabo Holdings

TYO:3107
Country: Japan
Industry: Technology Distributors
Size: Large
Full Stock Analysis

Venture

SES:V03
Country: Singapore
Industry: Electr. Manufacturing Services
Size: Medium
Full Stock Analysis

Citizen Watch

TYO:7762
Country: Japan
Industry: Electronic Equipment
Size: Large
Full Stock Analysis

Frequently Asked
Questions

The only positive is high growth. The stock is expensive (low Value Rank), risky to finance, and carries critical professional sentiment. This is a risky proposition. Avoid unless you have exceptional conviction that the growth alone will overcome the price and financial risks.

Obermatt provides unbiased stock analysis as a completely independent third party. We have no conflicts of interest with individual stock titles. Our data-driven analysis is based on algorithms honed over twelve years, giving you analysis that is free from personal bias and conflicts of interest.

The 360° View Rank indicates a company's overall performance across all major financial and non-financial metrics tracked by Obermatt. A 360° View Rank of 75 means the company is more well-rounded than 75% of similar companies. A high score indicates that the company is strong across the board; it is attractively priced, growing sustainably, financially stable, and well-regarded by the market. Learn more.

Become an Obermatt subscriber and see all of the similar stocks here.

OTHER FEATURES

Use the Platform to its Fullest

The Obermatt Advantage

Ready to Elevate Your Investing?
Get Started Today

Choose the Obermatt subscription that best fits your needs.


30-day money back guarantee. Your subscription will renew until you cancel it, which you can do at any time.

What Our Customers Say

See how Obermatt improved their investing:

Review us See More Google Reviews