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Codan Ltd CDA

Morningstar Rating
A$10.89 −0.05 (0.46%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CDA is trading at a 20% premium.
Price
A$10.73
Fair Value
A$3.57
Uncertainty
Medium
1-Star Price
A$49.56
5-Star Price
A$6.90
Economic Moat
Tpzvz
Capital Allocation
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Trading Information

Previous Close Price
A$10.94
Day Range
A$10.7211.01
52-Week Range
A$6.7511.28
Bid/Ask
A$10.88 / A$10.89
Market Cap
A$1.97 Bil
Volume/Avg
58,632 / 253,055

Key Statistics

Price/Earnings (Normalized)
29.29
Price/Sales
3.89
Dividend Yield (Trailing)
1.86%
Dividend Yield (Forward)
1.95%
Total Yield
1.83%

Company Profile

Codan Ltd develops electronics solutions for government, corporate, non-governmental organizations (NGO) and consumer markets across the globe. It operates through the following business segments: The communications segment includes the design, development, manufacture and marketing of communications equipment. The Metal detection segment includes the design, development, manufacture and marketing of metal detection equipment; The tracking solutions segment includes the design, manufacture, maintenance and support of a range of electronic products. The firm generates the majority of revenue from the Communications segment.
Sector
Technology
Industry
Scientific & Technical Instruments
Stock Style Box
Small Core
Total Number of Employees
730

Comparables

Valuation

Metric
CDA
OTH
300762
Price/Earnings (Normalized)
29.29512.47
Price/Book Value
4.752.91
Price/Sales
3.8932.25
Price/Cash Flow
19.58
Price/Earnings
CDA
OTH
300762

Financial Strength

Metric
CDA
OTH
300762
Quick Ratio
0.731.163.02
Current Ratio
1.811.873.51
Interest Coverage
8.864.08−10.04
Quick Ratio
CDA
OTH
300762

Profitability

Metric
CDA
OTH
300762
Return on Assets (Normalized)
10.79%2.08%−2.17%
Return on Equity (Normalized)
18.58%4.40%−2.79%
Return on Invested Capital (Normalized)
15.73%3.60%−2.62%
Return on Assets
CDA
OTH
300762
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