Codan Limited (ASX:CDA)

Codan Statistics

Total Valuation

Codan has a market cap or net worth of AUD 5.15 billion. The enterprise value is 5.27 billion.

Market Cap	5.15B
Enterprise Value	5.27B

Important Dates

The last earnings date was Thursday, August 21, 2025.

Earnings Date	Aug 21, 2025
Ex-Dividend Date	Sep 2, 2025

Share Statistics

Codan has 181.57 million shares outstanding. The number of shares has increased by 0.23% in one year.

Current Share Class	181.57M
Shares Outstanding	181.57M
Shares Change (YoY)	+0.23%
Shares Change (QoQ)	+0.27%
Owned by Insiders (%)	43.57%
Owned by Institutions (%)	11.31%
Float	100.25M

Valuation Ratios

The trailing PE ratio is 49.89 and the forward PE ratio is 39.59. Codan's PEG ratio is 1.55.

PE Ratio	49.89
Forward PE	39.59
PS Ratio	7.63
PB Ratio	9.82
P/TBV Ratio	28.17
P/FCF Ratio	37.28
P/OCF Ratio	35.09
PEG Ratio	1.55

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.46, with an EV/FCF ratio of 38.16.

EV / Earnings	50.89
EV / Sales	7.81
EV / EBITDA	32.46
EV / EBIT	35.93
EV / FCF	38.16

Financial Position

The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.31.

Current Ratio	1.66
Quick Ratio	0.83
Debt / Equity	0.31
Debt / EBITDA	0.99
Debt / FCF	1.16
Interest Coverage	11.86

Financial Efficiency

Return on equity (ROE) is 21.32% and return on invested capital (ROIC) is 14.40%.

Return on Equity (ROE)	21.32%
Return on Assets (ROA)	10.95%
Return on Invested Capital (ROIC)	14.40%
Return on Capital Employed (ROCE)	20.62%
Revenue Per Employee	1.50M
Profits Per Employee	229,984
Employee Count	450
Asset Turnover	0.81
Inventory Turnover	2.36

Taxes

In the past 12 months, Codan has paid 30.41 million in taxes.

Income Tax	30.41M
Effective Tax Rate	22.71%

Stock Price Statistics

The stock price has increased by +119.18% in the last 52 weeks. The beta is 0.83, so Codan's price volatility has been lower than the market average.

Beta (5Y)	0.83
52-Week Price Change	+119.18%
50-Day Moving Average	21.16
200-Day Moving Average	17.34
Relative Strength Index (RSI)	86.47
Average Volume (20 Days)	432,785

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Codan had revenue of AUD 674.23 million and earned 103.49 million in profits. Earnings per share was 0.57.

Revenue	674.23M
Gross Profit	378.76M
Operating Income	146.57M
Pretax Income	133.90M
Net Income	103.49M
EBITDA	155.64M
EBIT	146.57M
Earnings Per Share (EPS)	0.57

Balance Sheet

The company has 39.73 million in cash and 160.74 million in debt, giving a net cash position of -121.01 million or -0.67 per share.

Cash & Cash Equivalents	39.73M
Total Debt	160.74M
Net Cash	-121.01M
Net Cash Per Share	-0.67
Equity (Book Value)	523.83M
Book Value Per Share	2.88
Working Capital	128.73M

Cash Flow

In the last 12 months, operating cash flow was 146.64 million and capital expenditures -8.62 million, giving a free cash flow of 138.02 million.

Operating Cash Flow	146.64M
Capital Expenditures	-8.62M
Free Cash Flow	138.02M
FCF Per Share	0.76

Margins

Gross margin is 56.18%, with operating and profit margins of 21.74% and 15.35%.

Gross Margin	56.18%
Operating Margin	21.74%
Pretax Margin	19.86%
Profit Margin	15.35%
EBITDA Margin	23.08%
EBIT Margin	21.74%
FCF Margin	20.47%

Dividends & Yields

This stock pays an annual dividend of 0.32, which amounts to a dividend yield of 1.13%.

Dividend Per Share	0.32
Dividend Yield	1.13%
Dividend Growth (YoY)	22.50%
Years of Dividend Growth	1
Payout Ratio	42.98%
Buyback Yield	-0.23%
Shareholder Yield	0.90%
Earnings Yield	2.01%
FCF Yield	2.68%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Codan has an Altman Z-Score of 6.55 and a Piotroski F-Score of 6.

Altman Z-Score	6.55
Piotroski F-Score	6