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Codan Ltd
Buy, Hold or Sell?

Let's analyse Codan together

PenkeI guess you are interested in Codan Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Codan Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Codan (30 sec.)










What can you expect buying and holding a share of Codan? (30 sec.)

How much money do you get?

How much money do you get?
A$0.63
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
A$2.24
Expected worth in 1 year
A$3.09
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
A$1.81
Return On Investment
18.4%

For what price can you sell your share?

Current Price per Share
A$9.79
Expected price per share
A$8.52 - A$
How sure are you?
50%
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1. Valuation of Codan (5 min.)




Live pricePrice per Share (EOD)

A$9.79

Intrinsic Value Per Share

A$-0.63 - A$5.38

Total Value Per Share

A$1.61 - A$7.62

2. Growth of Codan (5 min.)




Is Codan growing?

Current yearPrevious yearGrowGrow %
How rich?$265.7m$240.6m$25m9.4%

How much money is Codan making?

Current yearPrevious yearGrowGrow %
Making money$44.3m$65.8m-$21.5m-48.6%
Net Profit Margin14.8%19.9%--

How much money comes from the company's main activities?

3. Financial Health of Codan (5 min.)




4. Comparing to competitors in the Scientific & Technical Instruments industry (5 min.)




  Industry Rankings (Scientific & Technical Instruments)  


Richest
#47 / 157

Most Revenue
#16 / 157

Most Profit
#13 / 157
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What can you expect buying and holding a share of Codan? (5 min.)

Welcome investor! Codan's management wants to use your money to grow the business. In return you get a share of Codan.

What can you expect buying and holding a share of Codan?

First you should know what it really means to hold a share of Codan. And how you can make/lose money.

Speculation

The Price per Share of Codan is A$9.79. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Codan.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Codan, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$2.24. Based on the TTM, the Book Value Change Per Share is A$0.21 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.36 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.24 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Codan.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.242.5%0.242.5%0.363.7%0.272.7%0.181.8%
Usd Book Value Change Per Share0.141.4%0.141.4%0.232.4%0.161.6%0.101.0%
Usd Dividend Per Share0.161.6%0.161.6%0.192.0%0.141.4%0.090.9%
Usd Total Gains Per Share0.303.0%0.303.0%0.434.3%0.293.0%0.192.0%
Usd Price Per Share5.25-5.25-4.55-5.70-3.40-
Price to Earnings Ratio21.48-21.48-12.53-20.83-17.21-
Price-to-Total Gains Ratio17.79-17.79-10.70-19.18-15.88-
Price to Book Ratio3.58-3.58-3.43-5.19-3.57-
Price-to-Total Gains Ratio17.79-17.79-10.70-19.18-15.88-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.40266
Number of shares156
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.160.14
Usd Book Value Change Per Share0.140.16
Usd Total Gains Per Share0.300.29
Gains per Quarter (156 shares)46.0645.89
Gains per Year (156 shares)184.24183.56
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
198861748598174
2196173358171197358
3294259542256295542
4391346726341393726
5489432910427491910
658751810945125901094
768560512785976881278
878369114626827861462
988177716467688841646
1097986418308539831830

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%24.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%22.02.00.091.7%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%24.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%24.00.00.0100.0%
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Fundamentals of Codan

About Codan Ltd

Codan Limited develops technology solutions for United Nations organizations, mining companies, 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. The Metal Detection segment designs, develops, manufactures, and markets metal detection equipment, such as handheld metal detecting technologies for recreational, gold mining, demining, and military markets. The company sells its products through a network of dealers, distributors, and agents in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, India, Ireland, Mexico, Singapore, the United Arab Emirates, and internationally. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia.

Fundamental data was last updated by Penke on 2024-02-04 09:48:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is underpriced.
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1.1. Profitability of Codan Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Codan earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Codan to the Scientific & Technical Instruments industry mean.
  • A Net Profit Margin of 14.8% means that $0.15 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Codan Ltd:

  • The MRQ is 14.8%. The company is making a huge profit. +2
  • The TTM is 14.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.8%TTM14.8%0.0%
TTM14.8%YOY19.9%-5.1%
TTM14.8%5Y18.1%-3.3%
5Y18.1%10Y15.3%+2.9%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ14.8%5.1%+9.7%
TTM14.8%4.1%+10.7%
YOY19.9%4.6%+15.3%
5Y18.1%5.1%+13.0%
10Y15.3%5.9%+9.4%
1.1.2. Return on Assets

Shows how efficient Codan is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Codan to the Scientific & Technical Instruments industry mean.
  • 9.8% Return on Assets means that Codan generated $0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Codan Ltd:

  • The MRQ is 9.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 9.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.8%TTM9.8%0.0%
TTM9.8%YOY17.0%-7.3%
TTM9.8%5Y15.9%-6.1%
5Y15.9%10Y13.2%+2.7%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ9.8%0.8%+9.0%
TTM9.8%0.6%+9.2%
YOY17.0%0.9%+16.1%
5Y15.9%1.2%+14.7%
10Y13.2%1.4%+11.8%
1.1.3. Return on Equity

Shows how efficient Codan is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Codan to the Scientific & Technical Instruments industry mean.
  • 16.7% Return on Equity means Codan generated $0.17 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Codan Ltd:

  • The MRQ is 16.7%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 16.7%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.7%TTM16.7%0.0%
TTM16.7%YOY27.4%-10.7%
TTM16.7%5Y24.2%-7.6%
5Y24.2%10Y19.8%+4.4%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ16.7%1.6%+15.1%
TTM16.7%1.1%+15.6%
YOY27.4%1.7%+25.7%
5Y24.2%1.9%+22.3%
10Y19.8%2.0%+17.8%
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1.2. Operating Efficiency of Codan Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Codan is operating .

  • Measures how much profit Codan makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Codan to the Scientific & Technical Instruments industry mean.
  • An Operating Margin of 20.1% means the company generated $0.20  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Codan Ltd:

  • The MRQ is 20.1%. The company is operating efficient. +1
  • The TTM is 20.1%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ20.1%TTM20.1%0.0%
TTM20.1%YOY27.5%-7.4%
TTM20.1%5Y25.9%-5.8%
5Y25.9%10Y21.6%+4.3%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ20.1%5.3%+14.8%
TTM20.1%3.6%+16.5%
YOY27.5%5.2%+22.3%
5Y25.9%5.9%+20.0%
10Y21.6%4.6%+17.0%
1.2.2. Operating Ratio

Measures how efficient Codan is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are $0.86 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Codan Ltd:

  • The MRQ is 0.862. The company is less efficient in keeping operating costs low.
  • The TTM is 0.862. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.862TTM0.8620.000
TTM0.862YOY0.776+0.086
TTM0.8625Y0.792+0.070
5Y0.79210Y0.841-0.048
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8621.379-0.517
TTM0.8621.402-0.540
YOY0.7761.443-0.667
5Y0.7921.358-0.566
10Y0.8411.115-0.274
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1.3. Liquidity of Codan Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Codan is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A Current Ratio of 1.69 means the company has $1.69 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Codan Ltd:

  • The MRQ is 1.693. The company is able to pay all its short-term debts. +1
  • The TTM is 1.693. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.693TTM1.6930.000
TTM1.693YOY1.665+0.028
TTM1.6935Y1.717-0.024
5Y1.71710Y1.750-0.033
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6932.419-0.726
TTM1.6932.565-0.872
YOY1.6652.486-0.821
5Y1.7172.834-1.117
10Y1.7502.569-0.819
1.3.2. Quick Ratio

Measures if Codan is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Codan to the Scientific & Technical Instruments industry mean.
  • A Quick Ratio of 0.68 means the company can pay off $0.68 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Codan Ltd:

  • The MRQ is 0.684. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.684. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.684TTM0.6840.000
TTM0.684YOY0.674+0.010
TTM0.6845Y0.895-0.211
5Y0.89510Y0.903-0.008
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6841.190-0.506
TTM0.6841.124-0.440
YOY0.6741.255-0.581
5Y0.8951.336-0.441
10Y0.9031.367-0.464
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1.4. Solvency of Codan Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Codan assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Codan to Scientific & Technical Instruments industry mean.
  • A Debt to Asset Ratio of 0.41 means that Codan assets are financed with 41.4% credit (debt) and the remaining percentage (100% - 41.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Codan Ltd:

  • The MRQ is 0.414. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.414. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.414TTM0.4140.000
TTM0.414YOY0.377+0.037
TTM0.4145Y0.343+0.071
5Y0.34310Y0.3430.000
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4140.350+0.064
TTM0.4140.352+0.062
YOY0.3770.357+0.020
5Y0.3430.337+0.006
10Y0.3430.342+0.001
1.4.2. Debt to Equity Ratio

Measures if Codan is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Codan to the Scientific & Technical Instruments industry mean.
  • A Debt to Equity ratio of 70.6% means that company has $0.71 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Codan Ltd:

  • The MRQ is 0.706. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.706. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.706TTM0.7060.000
TTM0.706YOY0.606+0.100
TTM0.7065Y0.538+0.168
5Y0.53810Y0.537+0.001
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7060.529+0.177
TTM0.7060.532+0.174
YOY0.6060.544+0.062
5Y0.5380.518+0.020
10Y0.5370.524+0.013
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2. Market Valuation of Codan Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Codan generates.

  • Above 15 is considered overpriced but always compare Codan to the Scientific & Technical Instruments industry mean.
  • A PE ratio of 21.48 means the investor is paying $21.48 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Codan Ltd:

  • The EOD is 26.191. Based on the earnings, the company is overpriced. -1
  • The MRQ is 21.483. Based on the earnings, the company is fair priced.
  • The TTM is 21.483. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD26.191MRQ21.483+4.709
MRQ21.483TTM21.4830.000
TTM21.483YOY12.527+8.955
TTM21.4835Y20.829+0.654
5Y20.82910Y17.214+3.614
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD26.19117.105+9.086
MRQ21.48317.272+4.211
TTM21.48314.077+7.406
YOY12.52715.915-3.388
5Y20.82914.752+6.077
10Y17.21425.758-8.544
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Codan Ltd:

  • The EOD is 29.337. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 24.063. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 24.063. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD29.337MRQ24.063+5.274
MRQ24.063TTM24.0630.000
TTM24.063YOY27.961-3.898
TTM24.0635Y20.350+3.714
5Y20.35010Y13.767+6.583
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD29.3373.879+25.458
MRQ24.0633.821+20.242
TTM24.063-2.058+26.121
YOY27.9610.222+27.739
5Y20.350-1.567+21.917
10Y13.767-1.491+15.258
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Codan is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A PB ratio of 3.58 means the investor is paying $3.58 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Codan Ltd:

  • The EOD is 4.369. Based on the equity, the company is fair priced.
  • The MRQ is 3.583. Based on the equity, the company is fair priced.
  • The TTM is 3.583. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.369MRQ3.583+0.785
MRQ3.583TTM3.5830.000
TTM3.583YOY3.430+0.154
TTM3.5835Y5.193-1.609
5Y5.19310Y3.571+1.621
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD4.3692.373+1.996
MRQ3.5832.746+0.837
TTM3.5832.852+0.731
YOY3.4302.926+0.504
5Y5.1933.129+2.064
10Y3.5713.944-0.373
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Codan Ltd.

3.1. Funds holding Codan Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2020-10-31Vanguard International Stock Index-Total Intl Stock Indx0.69999998-1263283--
2020-12-31Vanguard Tax Managed Fund-Vanguard Developed Markets Index Fund0.43-777658--
2021-01-31DFA Asia Pacific Small Company Series0.37-670501--
2021-01-31DFA International Core Equity Portfolio0.33000002-587540--
2021-02-28iShares Core MSCI EAFE ETF0.27-479789--
2021-02-28iShares MSCI EAFE Small Cap ETF0.23999999-431764--
2020-12-31Oberweis International Opportunities Institutional Fund0.23-409999--
2021-01-31Goldman Sachs International Small Cap Insights Fund0.22-403510--
2020-10-31Vanguard Intl Equity Index Fds-FTSE All World ex U.S.Small Cap Index0.18000001-333396--
2021-02-28WisdomTree Tr-WisdomTree International Small Cap Dividend Fd0.14-256600--
Total 3.110561404000.0%
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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Codan Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2120.2120%0.356-41%0.241-12%0.155+36%
Book Value Per Share--2.2412.2410%2.029+10%1.695+32%1.256+78%
Current Ratio--1.6931.6930%1.665+2%1.717-1%1.750-3%
Debt To Asset Ratio--0.4140.4140%0.377+10%0.343+21%0.343+21%
Debt To Equity Ratio--0.7060.7060%0.606+17%0.538+31%0.537+31%
Dividend Per Share--0.2400.2400%0.294-19%0.209+15%0.140+71%
Eps--0.3740.3740%0.556-33%0.406-8%0.271+38%
Free Cash Flow Per Share--0.3340.3340%0.249+34%0.429-22%0.276+21%
Free Cash Flow To Equity Per Share--0.1930.1930%0.069+181%0.281-31%0.148+31%
Gross Profit Margin---0.323-0.3230%0.217-249%0.107-402%-0.443+37%
Intrinsic Value_10Y_max--5.380--------
Intrinsic Value_10Y_min---0.635--------
Intrinsic Value_1Y_max--0.454--------
Intrinsic Value_1Y_min--0.192--------
Intrinsic Value_3Y_max--1.429--------
Intrinsic Value_3Y_min--0.360--------
Intrinsic Value_5Y_max--2.482--------
Intrinsic Value_5Y_min--0.287--------
Market Cap1775083640.000+18%1455967480.0001455967480.0000%1261959360.000+15%1580753085.866-8%942953956.933+54%
Net Profit Margin--0.1480.1480%0.199-25%0.181-18%0.153-3%
Operating Margin--0.2010.2010%0.275-27%0.259-22%0.216-7%
Operating Ratio--0.8620.8620%0.776+11%0.792+9%0.841+3%
Pb Ratio4.369+18%3.5833.5830%3.430+4%5.193-31%3.571+0%
Pe Ratio26.191+18%21.48321.4830%12.527+71%20.829+3%17.214+25%
Price Per Share9.790+18%8.0308.0300%6.960+15%8.716-8%5.200+54%
Price To Free Cash Flow Ratio29.337+18%24.06324.0630%27.961-14%20.350+18%13.767+75%
Price To Total Gains Ratio21.685+18%17.78617.7860%10.704+66%19.179-7%15.879+12%
Quick Ratio--0.6840.6840%0.674+1%0.895-24%0.903-24%
Return On Assets--0.0980.0980%0.170-43%0.159-39%0.132-26%
Return On Equity--0.1670.1670%0.274-39%0.242-31%0.198-16%
Total Gains Per Share--0.4510.4510%0.650-31%0.450+0%0.296+53%
Usd Book Value--265743090.000265743090.0000%240643224.000+10%200968706.400+32%148921359.000+78%
Usd Book Value Change Per Share--0.1380.1380%0.233-41%0.157-12%0.102+36%
Usd Book Value Per Share--1.4661.4660%1.327+10%1.108+32%0.821+78%
Usd Dividend Per Share--0.1570.1570%0.192-19%0.137+15%0.092+71%
Usd Eps--0.2440.2440%0.363-33%0.266-8%0.177+38%
Usd Free Cash Flow--39570924.00039570924.0000%29516982.000+34%50905267.200-22%32751535.200+21%
Usd Free Cash Flow Per Share--0.2180.2180%0.163+34%0.281-22%0.181+21%
Usd Free Cash Flow To Equity Per Share--0.1260.1260%0.045+181%0.184-31%0.097+31%
Usd Market Cap1160904700.560+18%952202731.920952202731.9200%825321421.440+15%1033812518.156-8%616691887.834+54%
Usd Price Per Share6.403+18%5.2525.2520%4.552+15%5.700-8%3.400+54%
Usd Profit--44324196.00044324196.0000%65881344.000-33%48176386.800-8%32085959.400+38%
Usd Revenue--298530072.000298530072.0000%331018830.000-10%264018492.000+13%190979118.000+56%
Usd Total Gains Per Share--0.2950.2950%0.425-31%0.294+0%0.193+53%
 EOD+4 -4MRQTTM+0 -0YOY+15 -215Y+10 -2610Y+23 -13

4.2. Fundamental Score

Let's check the fundamental score of Codan Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1526.191
Price to Book Ratio (EOD)Between0-14.369
Net Profit Margin (MRQ)Greater than00.148
Operating Margin (MRQ)Greater than00.201
Quick Ratio (MRQ)Greater than10.684
Current Ratio (MRQ)Greater than11.693
Debt to Asset Ratio (MRQ)Less than10.414
Debt to Equity Ratio (MRQ)Less than10.706
Return on Equity (MRQ)Greater than0.150.167
Return on Assets (MRQ)Greater than0.050.098
Total7/10 (70.0%)

4.3. Technical Score

Let's check the technical score of Codan Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5079.029
Ma 20Greater thanMa 508.265
Ma 50Greater thanMa 1008.358
Ma 100Greater thanMa 2008.247
OpenGreater thanClose8.700
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets693,301
Total Liabilities286,966
Total Stockholder Equity406,335
 As reported
Total Liabilities 286,966
Total Stockholder Equity+ 406,335
Total Assets = 693,301

Assets

Total Assets693,301
Total Current Assets234,291
Long-term Assets459,010
Total Current Assets
Cash And Cash Equivalents 23,661
Net Receivables 71,019
Inventory 121,401
Other Current Assets 7,698
Total Current Assets  (as reported)234,291
Total Current Assets  (calculated)223,779
+/- 10,512
Long-term Assets
Property Plant Equipment 184,436
Goodwill 263,576
Intangible Assets 10,398
Other Assets 600
Long-term Assets  (as reported)459,010
Long-term Assets  (calculated)459,010
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities138,361
Long-term Liabilities148,605
Total Stockholder Equity406,335
Total Current Liabilities
Short-term Debt 5,988
Accounts payable 46,913
Other Current Liabilities 91,448
Total Current Liabilities  (as reported)138,361
Total Current Liabilities  (calculated)144,349
+/- 5,988
Long-term Liabilities
Long term Debt Total 119,403
Capital Lease Obligations Min Short Term Debt44,023
Other Liabilities 29,202
Long-term Liabilities  (as reported)148,605
Long-term Liabilities  (calculated)192,628
+/- 44,023
Total Stockholder Equity
Common Stock49,196
Retained Earnings 258,715
Accumulated Other Comprehensive Income 98,424
Total Stockholder Equity (as reported)406,335
Total Stockholder Equity (calculated)406,335
+/-0
Other
Capital Stock49,196
Cash and Short Term Investments 23,661
Common Stock Shares Outstanding 181,214
Current Deferred Revenue-5,988
Liabilities and Stockholders Equity 693,301
Net Debt 101,730
Net Invested Capital 481,715
Net Tangible Assets 132,361
Net Working Capital 95,930
Property Plant and Equipment Gross 252,259
Short Long Term Debt Total 125,391



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-30
> Total Assets 
76,335
85,963
80,994
90,100
95,106
105,730
104,580
94,906
156,813
162,564
163,238
147,426
170,283
211,538
212,429
208,668
212,466
232,675
254,302
274,317
351,566
503,559
590,932
693,301
693,301590,932503,559351,566274,317254,302232,675212,466208,668212,429211,538170,283147,426163,238162,564156,81394,906104,580105,73095,10690,10080,99485,96376,335
   > Total Current Assets 
0
0
0
37,800
42,626
41,449
42,585
37,574
46,013
46,893
61,201
48,519
61,873
75,581
69,429
60,967
68,692
80,295
95,398
102,507
157,500
156,911
203,495
234,291
234,291203,495156,911157,500102,50795,39880,29568,69260,96769,42975,58161,87348,51961,20146,89346,01337,57442,58541,44942,62637,800000
       Cash And Cash Equivalents 
2,088
3,923
6,445
1,900
11,140
1,522
1,336
5,862
5,417
13,895
21,745
8,643
23,081
8,638
13,031
7,156
14,333
21,421
27,711
37,521
92,830
22,362
22,613
23,661
23,66122,61322,36292,83037,52127,71121,42114,3337,15613,0318,63823,0818,64321,74513,8955,4175,8621,3361,52211,1401,9006,4453,9232,088
       Net Receivables 
15,629
15,967
15,074
14,700
14,391
22,849
22,045
15,724
18,304
16,094
12,474
14,594
22,785
21,137
22,141
20,437
19,099
20,557
29,784
19,007
25,307
34,959
59,775
71,019
71,01959,77534,95925,30719,00729,78420,55719,09920,43722,14121,13722,78514,59412,47416,09418,30415,72422,04522,84914,39114,70015,07415,96715,629
       Other Current Assets 
873
1,607
915
10,300
4,864
1,667
1,931
1,866
3,865
2,674
1,868
1,962
4,028
2,470
2,959
2,065
6,782
7,290
6,315
1,378
3,088
7,939
7,594
7,698
7,6987,5947,9393,0881,3786,3157,2906,7822,0652,9592,4704,0281,9621,8682,6743,8651,8661,9311,6674,86410,3009151,607873
   > Long-term Assets 
0
0
0
52,300
52,480
64,281
61,995
57,332
110,800
115,671
102,037
98,907
108,410
135,957
143,000
147,701
143,774
152,380
158,904
171,810
194,066
346,648
387,437
459,010
459,010387,437346,648194,066171,810158,904152,380143,774147,701143,000135,957108,41098,907102,037115,671110,80057,33261,99564,28152,48052,300000
       Property Plant Equipment 
17,909
18,733
18,108
27,800
29,495
41,730
36,031
32,215
37,552
38,427
40,090
41,031
41,524
47,438
55,007
58,448
56,135
66,174
72,319
83,983
107,320
119,321
137,060
184,436
184,436137,060119,321107,32083,98372,31966,17456,13558,44855,00747,43841,52441,03140,09038,42737,55232,21536,03141,73029,49527,80018,10818,73317,909
       Goodwill 
19,710
18,475
17,388
21,300
19,457
19,226
20,913
20,913
69,378
73,504
58,457
53,957
62,748
83,130
82,396
83,525
83,274
82,529
82,978
84,280
83,816
216,678
240,423
263,576
263,576240,423216,67883,81684,28082,97882,52983,27483,52582,39683,13062,74853,95758,45773,50469,37820,91320,91319,22619,45721,30017,38818,47519,710
       Intangible Assets 
19,710
18,475
17,388
21,339
19,457
19,226
4,975
4,126
3,778
3,664
3,440
3,919
4,138
5,389
5,597
5,729
4,365
3,677
3,607
3,547
2,930
10,649
9,954
10,398
10,3989,95410,6492,9303,5473,6073,6774,3655,7295,5975,3894,1383,9193,4403,6643,7784,1264,97519,22619,45721,33917,38818,47519,710
       Long-term Assets Other 
0
0
0
3,000
72
0
0
0
0
0
0
0
0
0
0
-1
143,774
152,380
158,904
171,810
0
0
0
600
600000171,810158,904152,380143,774-10000000000723,000000
> Total Liabilities 
57,022
64,607
55,827
43,100
33,820
37,152
35,346
24,383
94,769
98,592
98,192
75,547
90,874
86,806
92,138
80,314
73,544
67,680
66,237
63,103
104,223
199,949
222,976
286,966
286,966222,976199,949104,22363,10366,23767,68073,54480,31492,13886,80690,87475,54798,19298,59294,76924,38335,34637,15233,82043,10055,82764,60757,022
   > Total Current Liabilities 
28,855
27,835
29,976
31,800
27,329
29,145
31,413
20,409
23,877
21,566
41,090
35,732
45,974
51,376
29,907
31,969
39,205
59,922
59,702
53,829
70,936
142,507
122,197
138,361
138,361122,197142,50770,93653,82959,70259,92239,20531,96929,90751,37645,97435,73241,09021,56623,87720,40931,41329,14527,32931,80029,97627,83528,855
       Short-term Debt 
0
0
0
1,400
343
3,395
12,927
2,363
6
10
0
0
113
201
33
36
13
0
0
3,775
3,775
6,950
4,592
5,988
5,9884,5926,9503,7753,77500133633201113001062,36312,9273,3953431,400000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,980
42,541
26,935
0
0
0
0
0
0
0
000000026,93542,54159,98000000000000000
       Accounts payable 
4,541
5,005
7,145
8,027
7,001
12,017
9,508
12,750
10,004
7,938
14,555
12,191
14,884
13,909
11,670
11,935
9,655
18,918
25,693
22,634
21,548
42,423
41,705
46,913
46,91341,70542,42321,54822,63425,69318,9189,65511,93511,67013,90914,88412,19114,5557,93810,00412,7509,50812,0177,0018,0277,1455,0054,541
       Other Current Liabilities 
8,721
11,343
14,588
15,300
19,985
13,733
8,978
10,618
13,867
13,618
26,535
23,541
30,977
37,266
18,204
19,998
29,537
41,004
34,009
31,195
49,388
1,043
80,492
91,448
91,44880,4921,04349,38831,19534,00941,00429,53719,99818,20437,26630,97723,54126,53513,61813,86710,6188,97813,73319,98515,30014,58811,3438,721
   > Long-term Liabilities 
0
0
0
11,300
6,491
8,007
3,933
3,974
70,892
77,026
57,102
39,815
44,900
35,430
62,231
48,345
34,339
7,758
6,535
9,274
33,287
57,442
100,779
148,605
148,605100,77957,44233,2879,2746,5357,75834,33948,34562,23135,43044,90039,81557,10277,02670,8923,9743,9338,0076,49111,300000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
42,505
26,922
0
0
0
26,779
49,170
77,651
119,403
119,40377,65149,17026,77900026,92242,505000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
-1,400
-343
-3,395
-12,927
-2,363
-6
-10
0
0
-113
-201
-33
-36
0
0
0
-3,775
26,779
25,170
25,651
44,023
44,02325,65125,17026,779-3,775000-36-33-201-11300-10-6-2,363-12,927-3,395-343-1,400000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
34,879
42,429
45,336
54,189
59,830
69,857
67,777
74,569
92,261
108,174
108,17492,26174,56967,77769,85759,83054,18945,33642,42934,87900000000000000
> Total Stockholder Equity
19,314
21,356
25,168
47,000
61,286
68,578
69,234
70,523
62,044
63,972
65,046
71,879
79,409
124,732
120,291
128,453
139,012
165,087
188,184
211,214
247,343
303,610
367,956
406,335
406,335367,956303,610247,343211,214188,184165,087139,012128,453120,291124,73279,40971,87965,04663,97262,04470,52369,23468,57861,28647,00025,16821,35619,314
   Common Stock
3,469
3,469
3,469
21,400
23,046
23,046
23,685
23,685
23,685
24,849
25,328
24,609
24,839
41,873
41,560
41,856
42,605
43,928
42,721
43,761
44,746
45,842
47,059
49,196
49,19647,05945,84244,74643,76142,72143,92842,60541,85641,56041,87324,83924,60925,32824,84923,68523,68523,68523,04623,04621,4003,4693,4693,469
   Retained Earnings 
15,756
17,746
21,562
25,500
38,223
45,621
45,733
46,439
36,915
38,388
41,292
49,132
57,505
47,906
28,256
24,853
33,274
59,063
81,018
99,801
135,909
187,297
234,466
258,715
258,715234,466187,297135,90999,80181,01859,06333,27424,85328,25647,90657,50549,13241,29238,38836,91546,43945,73345,62138,22325,50021,56217,74615,756
   Capital Surplus 000000000000000000000000
   Treasury Stock000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,994
2,664
4,062
3,023
3,158
6,566
-239,596
-292,120
-340,506
-366,892
-366,892-340,506-292,120-239,5966,5663,1583,0234,0622,6641,99400000000000000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.