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Codan Limited

Codan Limited

CODAF
Codan LimitedUS flagOther OTC
23.61
USD
- -
- -
4.29BMarket Cap
Codan Limited
CODAF
(Other OTC)

Recent

price

23.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
1.15
1.04
0.98
1.34
0.75
0.81
0.96
1.28
1.29
1.51
1.93
2.42
2.8
2.52
3.04
3.72
Revenue per Share
0.09
0.13
0.14
0.26
0.05
0.07
0.09
0.25
0.23
0.26
0.35
0.5
0.56
0.37
0.45
0.57
Basic EPS, GAAP
-0.02
-0.04
-0.03
-0.06
-0.04
-0.03
-0.04
-0.04
-0.03
-0.03
-0.03
-0.02
-0.04
-0.11
-0.06
-0.07
Free Cash Flow per Basic Share
0.07
0.08
0.09
0.12
0.08
0.03
0.04
0.1
0.11
0.15
0.15
0.22
0.3
0.24
0.2
0.25
Dividend per Share
0.41
0.45
0.5
0.51
0.39
0.38
0.43
0.58
0.7
0.8
1
1.29
1.56
1.7
1.96
2.3
Book Value per Share
0.02
0.09
0.08
0.21
0.18
0.22
0.29
0.44
0.57
0.69
0.89
0.42
0.65
0.73
0.79
1.01
Tangible Book Value per Share
164
164
164
175
177
177
177
177
178
179
180
180
181
181
181
181
Basic Weighted Avg Shares
189
171
161
234
132
144
170
226
230
271
348
437
506
456
550
674
Sales/Revenue/Turnover
17.28
15.04
22.24
22.14
1.52
4.44
12.01
21.25
16.28
17.84
22.12
27.75
22.41
13.78
14.78
16.14
Operating Margin (%)
10
9
9
12
9
11
5
14
17
15
21
19
25
29
33
38
Depreciation Expense
14
22
23
45
9
13
15
44
42
46
64
90
101
68
81
103
Net Income, GAAP
43.19
26.37
32.43
27.94
10.45
23.33
20.19
26.85
21.89
27.88
28.15
31.05
25.9
18.04
22.19
22.71
Effective Tax Rate (%)
7.6
12.78
14.4
19.42
6.95
8.69
9.14
19.25
18.08
16.86
18.33
20.67
19.9
14.85
14.79
15.35
Profit Margin (%)
20
13
16
24
40
29
29
20
36
49
87
14
81
96
104
129
Working Capital
52
34
39
34
60
43
27
- -
- -
- -
27
49
78
119
134
153
LT Debt
65
72
79
125
120
128
139
165
188
211
247
304
368
406
447
524
Total Equity
14.2
16.1
20.76
25.48
1.03
2.79
9.59
20.13
15.58
17.13
22.01
25.17
20.22
10.35
11.15
13.05
Return on Invested Capital (%)
13.08
21.91
22.22
38.3
9.63
12.22
16.3
43.02
37.3
34.41
35.99
36.37
31.31
18.89
19.04
20.9
Return on Capital (%)
22.17
31.05
29.66
52.77
11.53
18.32
21.73
48.66
36.67
34.17
39.35
43.67
39.15
23
24.59
26.87
Return on Common Equity (%)

Capital Structure

FRC

•

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

Working Capital

FRC

•

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

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.2%
16.31%
17.21%
Free Cash Flow
19.54%
42.94%
19.74%
Net Income, GAAP
31.74%
13.53%
27.16%
Sales/Revenue/Turnover
17.38%
14.93%
22.48%
Total Cash Common Dividend
30.06%
13.76%
22.67%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
456
2024
- -
- -
- -
- -
550
2025
- -
- -
- -
- -
674

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.37
2024
- -
- -
- -
- -
0.45
2025
- -
- -
- -
- -
0.57

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.24
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.25
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Business
Codan Limited (ASX: CDA; OTC: CODAF) designs, manufactures, and markets advanced electronic equipment primarily for defense, mining, and communications markets worldwide. The company offers a diverse portfolio of products and services, including high-frequency (HF) and very high frequency (VHF) radio communications systems such as the L3Harris Falcon III series and Codan NGT tactical radios; vehicle-mounted and manpack transceivers; digital voice and data modems; antenna systems; and encrypted communication solutions for military and government applications. In the detection segment, Codan provides metal detectors under the Minelab brand, including the F3 Compact, GPZ 7000, and Equinox series for gold prospecting, landmine clearance, and recreational use; tracking locator devices like the Pro-Find series; and digital subsurface imaging tools. Its technology solutions encompass software-defined radios, satellite communication systems, and ruggedized computing platforms tailored for harsh environments; the company also delivers integrated communication networks, training services, and maintenance support for remote operations in mining, humanitarian, and security sectors. Founded in 1959 and headquartered in Mawson Lakes, South Australia, Codan operates globally with key facilities in Australia, the United States, the United Kingdom, and Asia-Pacific regions, serving customers in over 100 countries including government agencies, mining companies, and NGOs. Recent developments include the 2023 acquisition of the tracking business from Minelab USA to bolster its detection portfolio, strategic partnerships with L3Harris for next-generation HF radio enhancements announced in 2024, and expansion into unmanned systems integration amid growing demand for autonomous defense technologies; in late 2025, Codan launched updated software upgrades for its Sentry-H remote monitoring systems to improve real-time asset tracking in mining operations.

Company News

APIChatGPT

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    Codan Limited (CODAF) Q2 2026 Earnings Call Transcript

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    Short Interest in Codan Limited (OTCMKTS:CODAF) Drops By 25.2%

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    Contrasting Hexagon (OTCMKTS:HXGBY) & Codan (OTCMKTS:CODAF)