Codan Financials

CDA Stock   34.22  1.18  3.33%   
Financial data analysis helps to double-check if markets are presently mispricing Codan. We were able to analyze twenty-eight available fundamental indicators for Codan, which can be compared to its peers. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Codan to be traded at 32.85 in 90 days.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Codan Balance Sheet Chart

At this time, Codan's Long Term Debt is comparatively stable compared to the past year. Net Receivables is likely to gain to about 140.8 M in 2026, whereas Common Stock is likely to drop slightly above 57.9 M in 2026.
Key indicators impacting Codan's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income151.3 M144.1 M
Sufficiently Up
Slightly volatile
  
Understanding current and past Codan Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Codan's financial statements are interrelated, with each one affecting the others. For example, an increase in Codan's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Codan's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Codan. Check Codan's Beneish M Score to see the likelihood of Codan's management manipulating its earnings.

Codan Stock Summary

Codan competes with FSA, Tamawood, Cochlear, Pro Medicus, and Macquarie. Codan is entity of Australia. It is traded as Stock on AU exchange.
Foreign Associate
  USA
Specialization
Information Technology, Scientific & Technical Instruments
InstrumentAustralia Stock View All
ExchangeAustralian Securities Exchange
ISINAU000000CDA3
Business AddressTechnology Park, Mawson
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.codan.com.au
Phone61 8 8305 0311
You should never invest in Codan without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Codan Stock, because this is throwing your money away. Analyzing the key information contained in Codan's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Codan Key Financial Ratios

Codan's financial ratios allow both analysts and investors to convert raw data from Codan's financial statements into concise, actionable information that can be used to evaluate the performance of Codan over time and compare it to other companies across industries.

Codan Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets590.9M693.3M768.7M904.8M1.0B1.1B
Other Current Liab62.3M78.0M90.5M125.2M144.0M151.2M
Other Liab6.5M8.3M23.1M29.2M33.6M35.3M
Retained Earnings234.8M259.1M304.2M421.7M485.0M509.3M
Accounts Payable41.7M46.9M49.6M61.3M70.5M74.0M
Cash22.6M23.7M19.7M39.7M45.7M48.0M
Other Assets92.3M600K1.2M1.8M2.1M2.0M
Long Term Debt52M75.4M95.1M118M135.7M142.5M
Net Receivables59.8M71.0M93.9M116.6M134.1M140.8M
Good Will240.4M263.6M291.9M323.5M372.0M390.6M
Inventory107.7M126.4M110.1M140.7M161.8M169.9M
Other Current Assets15.2M15.0M35.3M25.7M29.6M31.1M
Total Liab223.0M287.0M321.8M381.0M438.1M460.0M
Intangible Assets342.6M382.1M12.7M17.7M20.3M19.3M
Common Stock47.1M49.2M50.3M53.6M61.7M57.9M
Net Debt59.6M101.7M121.3M121.0M139.2M146.1M
Total Current Assets203.5M234.3M258.9M322.8M371.2M389.7M
Short Term Debt4.6M6.0M6.7M7.5M8.7M9.1M
Net Tangible Assets160.6M76.4M117.6M132.4M152.2M100.5M
Long Term Debt Total77.7M119.4M134.4M153.2M176.2M185.0M
Net Invested Capital420.0M481.7M542.1M641.8M738.1M394.2M

Codan Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense1.7M5.4M9.4M12.4M14.2M14.9M
Total Revenue506.1M456.5M550.5M674.2M775.4M814.1M
Operating Income138.0M91.8M95.9M125.3M144.1M151.3M
Research Development44.9M46.5M54.5M60.7M69.8M73.3M
Cost Of Revenue253.1M237.9M245.2M295.5M339.8M356.8M
Income Before Tax135.7M82.6M104.5M133.9M154.0M161.7M
Net Income100.7M67.8M81.4M103.5M119.0M125.0M
Income Tax Expense35.1M14.9M23.2M30.4M35.0M36.7M
Gross Profit253.1M218.6M305.2M378.8M435.6M457.3M
Ebit138.0M91.8M114.0M146.6M168.5M177.0M
Ebitda162.6M120.6M147.1M155.6M179.0M187.9M
Tax Provision35.1M14.9M23.2M30.4M35.0M22.2M
Minority Interest(114K)206K45K89K102.4K107.5K
Net Interest Income(2.4M)(10.3M)(10.9M)(12.7M)(11.4M)(10.9M)
Interest Income385K14K50K279K320.9K183.3K

Codan Key Cash Accounts

202120222023202420252026 (projected)
Dividends Paid53.4M43.5M36.3M44.5M51.2M53.7M
Capital Expenditures6.6M19.4M50.8M8.6M9.9M10.7M
Net Income100.7M67.8M81.4M103.5M119.0M125.0M
Change To Inventory(39.7M)(18.9M)16.0M(14.5M)(13.1M)(12.4M)
End Period Cash Flow22.6M23.7M19.7M39.7M45.7M48.0M
Change In Cash251K1.0M(4.0M)20.0M23.0M24.2M
Free Cash Flow45.1M60.5M55.7M138.0M158.7M166.7M
Depreciation12.6M12.6M33.1M37.7M43.4M45.6M
Other Non Cash Items(61.6M)(467K)2.2M24.5M28.2M29.6M
Net Borrowings20.7M18.0M19.7M22.9M26.3M27.6M
Change To Netincome8.1M5.1M(1.8M)3.9M4.5M3.1M
Investments(19.8M)(53.9M)(88.0M)(98.1M)(88.3M)(83.8M)

Codan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Codan's current stock value. Our valuation model uses many indicators to compare Codan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Codan competition to find correlations between indicators driving Codan's intrinsic value. More Info.
Codan is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.51  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Codan is roughly  1.95 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Codan's earnings, one of the primary drivers of an investment's value.

Codan Total Assets Over Time

Most indicators from Codan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Codan current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Codan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Selling General Administrative is likely to gain to about 74.4 M in 2026, whereas Tax Provision is likely to drop slightly above 22.2 M in 2026.
 2023 2024 2025 2026 (projected)
Operating Income95.9M125.3M144.1M151.3M
Total Revenue550.5M674.2M775.4M814.1M

Codan fundamental ratios Correlations

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Click cells to compare fundamentals

Codan Account Relationship Matchups

Codan fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets590.9M693.3M768.7M904.8M1.0B1.1B
Other Current Liab62.3M78.0M90.5M125.2M144.0M151.2M
Other Liab6.5M8.3M23.1M29.2M33.6M35.3M
Retained Earnings234.8M259.1M304.2M421.7M485.0M509.3M
Accounts Payable41.7M46.9M49.6M61.3M70.5M74.0M
Cash22.6M23.7M19.7M39.7M45.7M48.0M
Other Assets92.3M600K1.2M1.8M2.1M2.0M
Long Term Debt52M75.4M95.1M118M135.7M142.5M
Net Receivables59.8M71.0M93.9M116.6M134.1M140.8M
Good Will240.4M263.6M291.9M323.5M372.0M390.6M
Inventory107.7M126.4M110.1M140.7M161.8M169.9M
Other Current Assets15.2M15.0M35.3M25.7M29.6M31.1M
Total Liab223.0M287.0M321.8M381.0M438.1M460.0M
Intangible Assets342.6M382.1M12.7M17.7M20.3M19.3M
Common Stock47.1M49.2M50.3M53.6M61.7M57.9M
Net Debt59.6M101.7M121.3M121.0M139.2M146.1M
Total Current Assets203.5M234.3M258.9M322.8M371.2M389.7M
Short Term Debt4.6M6.0M6.7M7.5M8.7M9.1M
Net Tangible Assets160.6M76.4M117.6M132.4M152.2M100.5M
Long Term Debt Total77.7M119.4M134.4M153.2M176.2M185.0M
Net Invested Capital420.0M481.7M542.1M641.8M738.1M394.2M

Codan February 16, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Codan help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Codan. We use our internally-developed statistical techniques to arrive at the intrinsic value of Codan based on widely used predictive technical indicators. In general, we focus on analyzing Codan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Codan's daily price indicators and compare them against related drivers.

Additional Tools for Codan Stock Analysis

When running Codan's price analysis, check to measure Codan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Codan is operating at the current time. Most of Codan's value examination focuses on studying past and present price action to predict the probability of Codan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codan's price. Additionally, you may evaluate how the addition of Codan to your portfolios can decrease your overall portfolio volatility.