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Codan Limited
(Sydney:CDA)
Codan Limited (CDA) vs. iShares MSCI Australia ETF (EWA)
Codan Limited Business Overview & Revenue Model
Codan Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 674.23M | 674.23M | 550.46M | 456.47M | 506.14M | 437.05M |
| Gross Profit | 378.75M | 378.75M | 305.23M | 218.59M | 253.06M | 216.90M |
| EBITDA | 155.64M | 155.64M | 147.10M | 120.64M | 162.65M | 159.32M |
| Net Income | 103.49M | 103.49M | 81.39M | 67.77M | 100.74M | 90.35M |
Balance Sheet | ||||||
| Total Assets | 904.80M | 904.80M | 768.71M | 693.30M | 590.93M | 502.85M |
| Cash, Cash Equivalents and Short-Term Investments | 39.73M | 39.73M | 19.70M | 23.66M | 22.61M | 22.36M |
| Total Debt | 160.74M | 160.74M | 141.05M | 125.39M | 82.24M | 56.12M |
| Total Liabilities | 380.98M | 380.98M | 321.78M | 286.97M | 222.98M | 199.24M |
| Stockholders Equity | 523.83M | 523.83M | 447.39M | 406.70M | 368.28M | 303.72M |
Cash Flow | ||||||
| Free Cash Flow | 36.43M | 138.02M | 55.67M | 30.51M | 17.56M | 108.35M |
| Operating Cash Flow | 40.24M | 146.64M | 106.45M | 79.88M | 51.72M | 131.30M |
| Investing Cash Flow | -64.27M | -98.06M | -87.96M | -53.93M | -19.75M | -182.72M |
| Financing Cash Flow | 31.50M | -28.66M | -22.43M | -25.45M | -32.68M | -19.00M |
Codan Limited Technical Analysis
Codan Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | €1.89B | 22.86 | 33.65% | 4.16% | 8.70% | 3.11% | |
68 Neutral | $6.24B | 60.68 | 20.83% | 0.79% | 22.48% | 27.07% | |
68 Neutral | $4.19B | 577.78 | 2.19% | ― | 61.31% | -34.15% | |
66 Neutral | AU$1.80B | 50.66 | 35.71% | 1.12% | 5.11% | 12.91% | |
65 Neutral | AU$303.14M | 28.61 | 18.05% | 2.15% | -1.09% | 14.88% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
37 Underperform | AU$6.63M | ― | -283.40% | ― | -74.76% | 42.11% |
Codan Limited Corporate Events
Codan Limited announced that all resolutions at its 2025 Annual General Meeting were successfully passed, reflecting strong support from shareholders. The approval of key resolutions, including the adoption of the remuneration report and the re-election of a director, indicates continued confidence in the company’s strategic direction and leadership.
The most recent analyst rating on (AU:CDA) stock is a Buy with a A$33.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited reported a successful financial year in FY25, with a 22% growth in group revenues and significant increases in EBIT and NPAT. The Communications business, including Zetron and DTC, saw a 26% rise in revenues, while Minelab achieved a 16% increase in revenue, driven by high gold prices and expanded distribution channels. The company remains committed to its three-pillar strategy focusing on business development, core business strengthening, and capital allocation for growth, highlighted by the acquisition of Kägwerks, enhancing its position in the U.S. defense ecosystem.
The most recent analyst rating on (AU:CDA) stock is a Buy with a A$33.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced its upcoming Annual General Meeting (AGM) scheduled for October 22, 2025, where a business update will be provided. Shareholders are encouraged to participate online and submit questions in advance. The company also emphasizes the importance of registering for electronic communications to stay informed about Codan’s developments and manage shareholdings efficiently.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$27.15 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is now available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability. This announcement underscores Codan’s dedication to maintaining robust governance practices, potentially enhancing its reputation among stakeholders and reinforcing its industry position.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$27.15 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has released its FY25 annual report, highlighting its ongoing commitment to innovation in technology solutions. The report underscores the company’s focus on enhancing its market position by addressing critical problems in challenging environments, which is likely to impact its operations and stakeholder relations positively.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$27.15 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced its Annual General Meeting scheduled for October 22, 2025, at 11:00 am Adelaide time. The meeting will be held in a hybrid format, allowing shareholders to participate either in person in North Adelaide, South Australia, or virtually via an online platform. Shareholders are encouraged to vote either in advance or during the meeting, and they can submit questions beforehand or during the event. This approach aims to enhance shareholder engagement and ensure smooth participation in the company’s decision-making process.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$27.15 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced a change in the director’s interest, specifically involving Sarah Adam-Gedge, who has acquired 1,065 NED rights under the Codan Share Rights Plan Rules. This change reflects the company’s ongoing commitment to aligning its leadership’s interests with its strategic goals, potentially impacting its governance and stakeholder confidence positively.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited announced a change in the director’s interest, with Heith Mackay-Cruise acquiring 2,131 NED Rights under the Codan Share Rights Plan Rules. This change reflects the company’s ongoing commitment to aligning its leadership’s interests with its strategic goals, potentially impacting its governance and stakeholder confidence positively.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced a change in the director’s interest, with Kathryn Joy Gramp acquiring 1,004 NED Rights under the Codan Share Rights Plan Rules. This adjustment in director’s interest reflects the company’s ongoing governance and compensation strategies, potentially impacting stakeholder perceptions and aligning director incentives with company performance.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced a change in the director’s interest, specifically involving Graeme Rodger Crawford Barclay. The change involves the acquisition of 2,283 NED Rights under the Codan Share Rights Plan Rules, with no disposals reported. This update reflects adjustments in the director’s securities holdings, which may impact the company’s governance and stakeholder interests.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced the issuance of 6,483 unquoted equity securities, identified as NED Rights, with the issue date set for September 3, 2025. This move is part of the company’s strategic financial management, potentially impacting its capital structure and offering insights into its future growth plans.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited responded to a query from ASX regarding significant movements in its stock price and trading volume following the release of its FY25 results. The company confirmed that its Communications division exceeded its revenue growth expectations, achieving over 15% growth, partly due to the acquisition of Kägwerks. This performance was in line with market forecasts and analyst expectations, indicating strong operational execution and strategic alignment.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced a change in the director’s interest notice, specifically concerning Alfonzo Ianniello. The update reveals that Ianniello has acquired 31,613 ordinary shares while 40,714 performance rights have lapsed. This change in securities is part of the FY25 Short-Term Incentive (STI) plan, reflecting the company’s ongoing adjustments in executive compensation and aligning with its strategic goals. The announcement may impact stakeholders by indicating a shift in the company’s executive shareholding structure, potentially affecting investor confidence and market perception.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited announced the quotation of 118,411 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of an employee incentive scheme. This move is expected to enhance employee engagement and align their interests with the company’s growth, potentially strengthening Codan’s market position.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited has announced that its Annual General Meeting will take place on October 22, 2025, where the election of directors will be a key agenda item. The deadline for director nominations is set for September 8, 2025, which is a significant date for stakeholders interested in influencing the company’s governance and strategic direction.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited is a technology company specializing in communications, metal detection, and mining technology solutions, operating globally with a focus on innovation and sustainability. In its latest earnings report for the fiscal year ending June 2025, Codan Limited announced a significant financial performance with a 22% increase in revenue, reaching $674 million, and a 27% rise in net profit after tax to $104 million. The company also reported a 28% increase in earnings before interest and taxes (EBIT) to $146 million, and a notable 27% increase in dividends per share compared to the previous year. Codan’s strategic focus on its Communications and Metal Detection segments contributed to this robust growth, with the Communications segment achieving a 26% increase in sales and a 34% rise in profit, while the Metal Detection segment reported a 16% increase in sales and a 26% profit growth. Looking ahead, Codan’s management remains optimistic about sustaining superior returns for shareholders, driven by ongoing investments in product development and strategic acquisitions, alongside a competitive remuneration structure designed to align executive performance with shareholder interests.
Codan Limited has released its FY25 full-year investor presentation, highlighting its ongoing commitment to providing advanced technology solutions. This announcement underscores Codan’s strategic focus on enhancing its market position by solving critical problems for its customers, potentially impacting its operational efficiency and stakeholder interests positively.
The most recent analyst rating on (AU:CDA) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited reported a robust financial performance for FY25, with a 22% increase in group revenue to $674.2 million and a 27% rise in net profit after tax to $103.5 million. The company’s communications and metal detection segments both saw significant growth, contributing to improved earnings and cash generation. Codan’s strategic focus on innovation and expansion, coupled with reduced net debt and increased financial flexibility, positions it well for future growth opportunities, particularly in the communications market.
The most recent analyst rating on (AU:CDA) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
Codan Limited announced its financial results for the year ended 30 June 2025, reporting a 22% increase in revenue to $674.2 million and a 27% rise in profit after tax to $103.5 million. The company declared a final ordinary dividend of 16.0 cents per security, reflecting its strong financial performance and commitment to returning value to shareholders.
The most recent analyst rating on (AU:CDA) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.