Codan Limited (CODAF) Stock

About Codan Limited

Codan Limited delivers specialized technological solutions to a diverse client base, encompassing United Nations organizations, various government departments, mining firms, security and military forces, as well as individual users and small-scale miners. The company operates through two primary divisions: Communications and Metal Detection. The Communications segment is engaged in the conception, development, manufacturing, and global distribution of communication apparatus. This portfolio includes MIMO MESH systems, DTC radio solutions for the wireless conveyance of video and other data, and Zetron communication products. Conversely, the Metal Detection segment focuses on innovating, producing, and marketing metal detection equipment. This largely comprises handheld technologies designed for recreational use, gold prospecting, demining operations, and military contexts. Codan's products are distributed internationally via a robust network of authorized dealers, distributors, and agents, reaching markets in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, India, Ireland, Mexico, Singapore, the United Arab Emirates, and beyond. Incorporated in 1959, Codan Limited is headquartered in Mawson Lakes, Australia.

Codan Limited is headquartered in AU.

Codan Limited (CODAF) stock trades at $23.61 with a market capitalization of $4.29B. The stock is valued at a price-to-earnings (P/E) ratio of 57.39, price-to-book of 13.28, price-to-sales of 9.72. Over the past 52 weeks the stock has ranged between $10.59 and $27.69, and currently trades 14.7% below its 52-week high. It pays a dividend yielding 1.19%.

On profitability, Codan Limited generates a return on equity (ROE) of 23.78% — well above the market average, a sign of a high-quality business, return on capital employed of 21.96%, an operating margin of 20.88%, a net profit margin of 16.88%.

Official website: www.codan.com.au