Codan Limited

Codan Limited

56.53
AUD
-4.97
(-8.08%)
0.96EPS
45.74P/E
8.03BMarket Cap
Feb 24Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
0.75
0.81
0.96
1.28
1.29
1.51
1.93
2.42
2.8
2.52
3.04
3.72
4.82
Basic EPS, GAAP
0.05
0.07
0.09
0.25
0.23
0.26
0.35
0.5
0.56
0.37
0.45
0.57
0.96
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.08
0.03
0.04
0.1
0.11
0.15
0.15
0.22
0.3
0.24
0.2
0.25
0.36
Book Value per Share
0.68
0.73
0.78
0.93
1.06
1.18
1.37
1.68
2.03
2.24
2.46
2.88
3.35
Tangible Book Value per Share
0.18
0.22
0.29
0.44
0.57
0.69
0.89
0.42
0.65
0.73
0.79
1.01
1.52
Basic Weighted Avg Shares
177
177
177
177
178
179
180
180
181
181
181
181
182
Sales/Revenue/Turnover
132
144
170
226
230
271
348
437
506
456
550
674
875
Operating Margin (%)
1.52
4.44
12.01
21.25
16.28
17.84
22.12
27.75
22.41
13.78
14.78
16.14
22.52
Depreciation Expense
9
11
5
14
17
15
21
19
25
29
33
38
45
Net Income, GAAP
9
13
15
44
42
46
64
90
101
68
81
103
175
Effective Tax Rate (%)
10.45
23.33
20.19
26.85
21.89
27.88
28.15
31.05
25.9
18.04
22.19
22.71
25.85
Profit Margin (%)
6.95
8.69
9.14
19.25
18.08
16.86
18.33
20.67
19.9
14.85
14.79
15.35
20.02
Working Capital
40
29
29
20
36
49
87
14
81
96
104
129
107
LT Debt
60
43
27
- -
- -
- -
27
49
78
119
134
153
50
Total Equity
120
128
139
165
188
211
247
304
368
406
447
524
608
Return on Invested Capital (%)
0.45
2.92
7.63
19.41
15.51
17.11
19.92
24.6
19.91
10.35
11.11
13.05
21.29
Return on Capital (%)
6.53
8.31
10.26
26.74
23.93
23.02
26.1
28.55
25.24
15.34
15.79
17.61
26.41
Return on Common Equity (%)
6.58
10.06
11.59
28.62
23.54
22.87
27.82
32.8
30
17.51
19.08
21.32
30.94

Capital Structure

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

AUD

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

AUD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.99%
14.99%
16.15%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
36.28%
19.06%
69.26%
Sales/Revenue/Turnover
18.58%
15.77%
29.77%
Total Cash Common Dividend
31.24%
14.04%
45.14%

Semi-annual Revenue

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
550
2025
- -
- -
674
2026
- -
- -
875

Semi-annual Earnings Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.45
2025
- -
- -
0.57
2026
- -
- -
0.96

Semi-annual Dividends Per Share

AUD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.2
2025
- -
- -
0.25
2026
- -
- -
0.36

Company Description

CEO
Alf Ianniello
Full Time Employees
1,100
Sector
Consumer durables
Industry
Tools & hardware
Address
Technology Park Mawson Lakes SA Australia 5095
IPO Date
Nov 27, 2003
Business
Codan Limited (ASX:CDA), founded in 1959 and headquartered in Mawson Lakes, South Australia, designs, develops, manufactures and markets rugged electronics solutions for communications, metal detection and mining technology, serving government, military, NGO, corporate, security, public safety and consumer markets in more than 150 countries. Core offerings encompass high-frequency (HF) radio transceivers, modems, amplifiers, antennas and accessories from Codan Communications for mission-critical voice, data, email and tracking applications; handheld and landmine metal detectors from Minelab for treasure hunting, gold prospecting and demining; fleet management, personnel tracking and productivity software from Minetec for surface mining operations; tactical radios, secure networking and command-control systems from Domo Tactical Communications; mission-critical dispatch and land mobile radio solutions from Zetron; and defence electronics products. The company maintains manufacturing facilities in Australia and Malaysia, with engineering and support operations in Canada, the US, UK, Ireland, UAE, Brazil, Denmark, Mexico and Singapore, generating the majority of revenue from North America. Recent developments include the December 2024 acquisition of Kägwerks for approximately A$33.6 million to bolster tactical communications capabilities, alongside strong FY25 financial performance with group revenue up 22% to A$674.2 million, driven by 26% growth in communications and 16% in metal detection; prior acquisitions encompass Minelab in 2008, Daniels Electronics in 2012, and Domo Tactical Communications with Zetron in 2021.