Codan Limited (ASX:CDA)
Australia · Delayed Price · Currency is AUD | Market Cap | 10.04B +60.9% |
| Revenue (ttm) | 874.97M +29.8% |
| Net Income | 175.18M +69.3% |
| EPS | 0.96 +68.8% |
| Shares Out | 181.88M |
| PE Ratio | 57.56 |
| Forward PE | 36.10 |
| Dividend | 0.58 (1.05%) |
| Ex-Dividend Date | Sep 1, 2026 |
| Volume | 1,027,091 |
| Open | 54.75 |
| Previous Close | 56.53 |
| Day's Range | 54.24 - 55.65 |
| 52-Week Range | 25.18 - 70.14 |
| Beta | 1.22 |
| Analysts | Buy |
| Price Target | 66.90 (+21.2%) |
| Est. Earnings | 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 10 analysts, the average rating for CDA stock is "Buy." The 12-month stock price target is $66.90, which is an increase of 21.20% from the latest price.
News
Codan Transcript: AGM 2026
FY 2026 revenue rose 30% to AUD 875 million, with EBIT up 67% and NPAT up 69%. FY 2027 H1 guidance reflected strong communications demand, while H2 visibility in conflict regions and supply-chain capacity remained key uncertainties.
ASX 200 Jumps Nearly 1% as Codan Soars, Northern Star Surges and Inflation Hits 4% Before RBA's Next Move
The ASX 200 climbed nearly 1% as property, technology, defence and gold stocks rallied, despite inflation rising to 4% and the RBA lifting rates to 4.6%.
Codan initiated with a Buy at Jefferies
Jefferies initiated coverage of Codan (CODAF) with a Buy rating and A$75 price target The market is underestimating the scale and duration of Codan’s exposure to the rapidly expanding unmanned…
Codan Shares Soar Nearly 24% to Record High as Drone Demand From Conflict Zones Doubles Profit Outlook
Codan shares reached a record high after the company raised its profit outlook, citing exceptionally strong communications demand from conflict regions and continued growth in gold detectors.
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 Annual report: H2 2026
Codan has published its H2 2026 annual report 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 Earnings Call Transcript: H2 2025
Group revenue rose 22% to $674M and NPAT grew 27% to $103.5M, driven by strong organic growth and acquisitions. Communications and Minelab segments delivered double-digit growth, with robust order books and margin expansion. FY 2026 guidance targets 15%-20% sales growth.
Codan Annual report: H2 2025
Codan has published its H2 2025 annual report on August 20, 2025.
Codan Slides: H2 2025
Codan has posted slides in relation to its H2 2025 quarterly earnings report, which was published on August 20, 2025.
Codan Earnings release: H2 2025
Codan released its H2 2025 earnings on August 20, 2025, summarizing the period's financial results.
Codan Earnings Call Transcript: H1 2025
Group revenue rose 15% to AUD 306 million, with EBIT and NPAT up over 20% year-over-year, driven by strong communications growth and successful integration of Kagwerks. The company maintains a robust order book and targets further margin expansion and strategic acquisitions.
Codan Quarterly report: H1 2025
Codan has published its H1 2025 quarterly earnings report on February 20, 2025.
Codan Slides: H1 2025
Codan has posted slides in relation to its H1 2025 quarterly earnings report, which was published on February 20, 2025.
Codan Earnings release: H1 2025
Codan released its H1 2025 earnings on February 20, 2025, summarizing the period's financial results.