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Stock Research: Codan

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Codan

ASX:CDA AU000000CDA3
38
  • Value
    24
  • Growth
    90
  • Safety
    Safety
    20
  • Combined
    40
  • Sentiment
    58
  • 360° View
    360° View
    38
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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.

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ANALYSIS: With an Obermatt 360° View of 38 (better than 38% 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 half of the metrics below and half above average for Codan. The consolidated Growth Rank has a good rank of 90, 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. This means that growth is higher than for 90% of competitors in the same industry. The consolidated Sentiment Rank also has a good rank of 58, which means that professional investors are more optimistic about the stock than for 58% of alternative investment opportunities. But the consolidated Value Rank has a less desirable rank of 24, which means that the share price of Codan is on the higher side compared with typical size in indicators such as revenues, profits, and invested capital. This means the stock price is higher than for 76% of alternative stocks in the same industry. Finally, the consolidated Safety Rank has a riskier rank of 20, which means that the company has a financing structure that is riskier than those of 80% comparable companies when looking at the amount of its debt, its refinancing requirements, and its ability to service debt. ...read more

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Strongest Rank Price vs. Book (P/B)
Weakest Rank Growth
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.
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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: 7-May-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
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Detailed and Historical Ranks

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Metrics Current 2025 2024 2023
Value
24 3 16 29
Growth
90 87 81 37
Safety
Safety
20 18 20 51
Sentiment
58 45 83 28
360° View
360° View
38 28 41 17
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Metrics Current 2025 2024 2023
Analyst Opinions
28 32 37 81
Opinions Change
82 50 93 50
Pro Holdings
n/a 71 100 8
Market Pulse
78 42 43 27
Sentiment
58 45 83 28
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Metrics Current 2025 2024 2023
Value
24 3 16 29
Growth
90 87 81 37
Safety Safety
20 18 20 51
Combined
40 20 28 21
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Metrics Current 2025 2024 2023
Price vs. Sales (P/S)
17 11 26 27
Price vs. Earnings (P/E)
44 9 40 44
Price vs. Book (P/B)
12 9 25 17
Dividend Yield
60 32 48 50
Value
24 3 16 29
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Metrics Current 2025 2024 2023
Revenue Growth
86 70 55 48
Profit Growth
66 60 78 31
Capital Growth
60 59 21 75
Stock Returns
78 93 97 11
Growth
90 87 81 37
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Metrics Current 2025 2024 2023
Leverage
36 43 51 68
Refinancing
22 12 14 3
Liquidity
48 33 34 81
Safety Safety
20 18 20 51

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Frequently Asked
Questions

This is a classic, high-risk growth play: high growth and positive sentiment outweigh low Value Rank (expensive) and risky financing. This is for aggressive growth investors who are comfortable with the high price and risk, believing the growth story justifies the expense.

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.

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