Overview
Codan Ltd brings together communications technology and metal-detection equipment, selling to customers ranging from government and security organisations to miners and recreational users. The company reported 30.60% revenue growth and a 20.02% profit margin, while its share price of A$67.45 sits near the top of its A$24.88–A$70.14 52-week range. That performance comes with a demanding valuation and a modest 0.72% dividend yield.
Codan is an Australian technology company with two main businesses: communications equipment and metal detection. Its communications products include DTC and Zetron solutions, while its metal-detection equipment serves recreational users, gold miners, demining operations and military customers. The company sells across Australia and international markets, serving organisations such as governments, security agencies and corporates as well as individual consumers and small-scale miners. Trailing revenue is A$875.0 million, and the reported profit margin is 20.02%, indicating the business combines meaningful scale with solid reported profitability.
Key facts
- Ticker
- CDA
- Exchange
- AU
- ISIN
- AU000000CDA3
- Sector
- Technology
- Industry
- Scientific & Technical Instruments
- Country
- Australia
- Currency
- AUD
- Price
- A$65.38
- Previous close
- A$64.57
- Day change
- +A$0.81 (+1.25%)
- Market cap
- 11.8B
- 52W low
- A$24.88
- 52W high
- A$70.14
Price and trend
Last price: A$65.38
- Price
- A$65.38
- 52W range
- A$24.88 – A$70.14
- 50-day SMA
- A$48.94
- 200-day SMA
- A$40.78
- Price vs 50D SMA
- 33.59%
- Price vs 200D SMA
- 60.31%
Valuation
- P/E
- 67.26
- PEG
- 1.18
- EPS
- 0.96
- Dividend yield
- 0.74%
- Beta
- 1.22
Codan’s market capitalisation is A$12.3 billion, and its P/E ratio of 70.26 places a high valuation on current earnings. The PEG ratio is 1.18, while revenue growth of 30.60% and a 20.02% profit margin provide important business context for that valuation. The share offers a 0.72% dividend yield, so the investment case is more closely tied to earnings and growth than to income. Whether the valuation is supported depends on the durability of growth and profitability across its end markets.
Profitability and growth
- Revenue growth
- 30.60%
- Revenue TTM
- 875.0M
- Profit margin
- 20.02%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$65.38
- Target price
- A$66.77
- Target vs last price
- 2.13% from last price
The supplied target price is A$66.77, which is 1.01% below the last price of A$67.45. This is secondary context rather than a forecast: target estimates are not guarantees, and the business outlook depends on how demand develops across Codan’s varied communications and metal-detection markets.
Risks
Codan’s exposure to government, security and military customers, miners and individual consumers spans varied end markets, but demand can differ across those markets. Its share price can also be sensitive to shifts in expectations: the P/E ratio is 70.26, and the beta of 1.4 indicates higher volatility relative to the broader market. The 52-week range, from A$24.88 to A$70.14, is wide. A 0.72% dividend yield is a relatively small part of the share’s overall return profile.
FAQ
What does Codan do?
Codan designs and sells communications equipment and metal-detection products. Its communications business includes DTC and Zetron, while its metal-detection products serve recreational, mining, demining and military markets.
How has Codan’s business been growing?
The supplied figures show revenue growth of 30.60% and trailing revenue of A$875.0 million. Its reported profit margin is 20.02%.
Does Codan pay a dividend?
Codan has a dividend yield of 0.72%. Dividend yields can change as share prices and company distributions change.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
