Codan Limited (ASX:CDA)
| Market Cap | 9.11B +64.6% |
| Revenue (ttm) | 874.97M +29.8% |
| Net Income | 175.18M +69.3% |
| EPS | 0.96 +68.8% |
| Shares Out | 181.88M |
| PE Ratio | 52.24 |
| Forward PE | 41.89 |
| Dividend | 0.58 (1.16%) |
| Ex-Dividend Date | Sep 1, 2026 |
| Volume | 5,782,716 |
| Open | 49.00 |
| Previous Close | 48.59 |
| Day's Range | 48.68 - 50.36 |
| 52-Week Range | 25.18 - 50.90 |
| Beta | 1.40 |
| Analysts | Buy |
| Price Target | 49.96 (-0.28%) |
| Earnings Date | Nov 19, 2026 |
About Codan
Codan Limited engages in the design, development, manufacture, and sale of communications equipment and solutions, and metal detection equipment. It operates in two segments, Communications and Metal Detection. The Communications segment designs, develops, manufactures, and markets communication equipment, such as DTC and Zetron. The Metal Detection segment designs, develops, manufactures, and markets metal detection equipment, such as handheld metal detecting technologies for recreational, gold mining, demining, and military markets. The compa... [Read more]
Financial Performance
In fiscal year 2026, Codan's revenue was 874.97 million, an increase of 29.77% compared to the previous year's 674.23 million. Earnings were 175.18 million, an increase of 69.26%.
Financial StatementsAnalyst Summary
According to 9 analysts, the average rating for CDA stock is "Buy." The 12-month stock price target is $49.96, which is a decrease of -0.28% from the latest price.
News
Codan Shares Surge 7.51% to Fresh Record Highs as Defence and Gold Detection Businesses Fire on All Cylinders
Codan shares climbed 7.5% to $48.94, extending a year-long rally fuelled by record fiscal 2026 results, defence communications demand and renewed growth in Metal Detection.
ASX 200 LIVE: ASX rises; energy stocks fire, gold miners tumble
Shares up 0.3pc; James Hardie falls; Geoff Wilson exits PIA board; Codan boss gets pay boost; Infratil lifts full-year earnings guidance. Follow live.
Codan Earnings Call Transcript: H2 2026
FY 2026 saw 30% revenue growth, strong profit expansion, and robust cash generation, driven by high demand in unmanned systems and new gold detectors. Communications and Minelab segments delivered record results, with a positive outlook for FY 2027 and continued investment in innovation.
Codan Annual report: H2 2026
Codan has published its H2 2026 annual report on August 19, 2026.
Codan Earnings release: H2 2026
Codan released its H2 2026 earnings on August 19, 2026, summarizing the period's financial results.
Codan Slides: H2 2026
Codan has posted slides in relation to its H2 2026 quarterly earnings report, which was published on August 19, 2026.
Codan Slides: Investor presentation
Codan has posted slides in relation to its latest quarterly earnings report, which was published on August 11, 2026.
Codan Slides: Investor presentation
Codan has posted slides in relation to its latest quarterly earnings report, which was published on May 5, 2026.
Codan resumed with a Buy at Goldman Sachs
Goldman Sachs analyst Elijah Mayr resumed coverage of Codan (CODAF) with a Buy rating and A$38.50 price target The firm believes the company’s medium-term growth profile and the potential for…
Codan Earnings Call Transcript: H1 2026
Strong H1 FY26 results with 29% revenue growth, 55% NPAT increase, and robust performance in both communications and metal detection. Communications and Minelab segments delivered high growth, supported by favorable market conditions and new product launches.
Codan Quarterly report: H1 2026
Codan has published its H1 2026 quarterly earnings report on February 18, 2026.
Codan Slides: H1 2026
Codan has posted slides in relation to its H1 2026 quarterly earnings report, which was published on February 18, 2026.
Codan Earnings release: H1 2026
Codan released its H1 2026 earnings on February 18, 2026, summarizing the period's financial results.
Codan Transcript: AGM 2025
The AGM highlighted strong FY25 growth in revenue, profit, and dividends, with robust performance in both communications and Minelab segments. Strategic acquisitions, new product launches, and disciplined capital management were emphasized, while all resolutions passed with strong shareholder support.
Codan initiated with a Buy at Goldman Sachs
Goldman Sachs initiated coverage of Codan (CODAF) with a Buy rating and A$18 price target The firm views Codan as a “high-quality electronics company with multiple levers available” to grow…
Codan upgraded to Buy from Hold at Canaccord
Canaccord analyst Cameron Bell upgraded Codan to Buy from Hold with a price target of A$6.18, up from A$5.64. The analyst says communications "has now firmly taken over the mantle"…