Codan Limited Financials

Codan Stock Summary

Codan competes with Nanalysis Scientific, Genasys, Kraken Robotics, Teledyne Technologies, and MKS Instruments. Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia. Codan operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange.

Codan Key Financial Ratios

There are many critical financial ratios that Codan's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Codan Limited reports annually and quarterly.

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 Limited 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  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Codan Limited is roughly  1.90 . 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 Market Pulse

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 Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Codan Limited based on widely used predictive technical indicators. In general, we focus on analyzing Codan Pink Sheet 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.

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

If you are still planning to invest in Codan Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Codan's history and understand the potential risks before investing.