Codan Limited (FRA:UL4)

Codan Statistics

Total Valuation

Codan has a market cap or net worth of EUR 2.91 billion. The enterprise value is 2.98 billion.

Market Cap	2.91B
Enterprise Value	2.98B

Important Dates

The next estimated earnings date is Thursday, February 19, 2026.

Earnings Date	Feb 19, 2026
Ex-Dividend Date	Sep 2, 2025

Share Statistics

Current Share Class	181.87M
Shares Outstanding	n/a
Shares Change (YoY)	+0.23%
Shares Change (QoQ)	+0.27%
Owned by Insiders (%)	40.05%
Owned by Institutions (%)	12.31%
Float	103.47M

Valuation Ratios

The trailing PE ratio is 50.39 and the forward PE ratio is 38.42.

PE Ratio	50.39
Forward PE	38.42
PS Ratio	7.74
PB Ratio	9.96
P/TBV Ratio	28.55
P/FCF Ratio	37.79
P/OCF Ratio	35.57
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.52, with an EV/FCF ratio of 38.67.

EV / Earnings	51.58
EV / Sales	7.83
EV / EBITDA	32.52
EV / EBIT	36.00
EV / FCF	38.67

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	836,416
Profits Per Employee	128,389
Employee Count	450
Asset Turnover	0.81
Inventory Turnover	2.36

Taxes

In the past 12 months, Codan has paid 16.97 million in taxes.

Income Tax	16.97M
Effective Tax Rate	22.71%

Stock Price Statistics

The stock price has increased by +67.02% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+67.02%
50-Day Moving Average	17.82
200-Day Moving Average	13.25
Relative Strength Index (RSI)	36.68
Average Volume (20 Days)	29

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 EUR 376.39 million and earned 57.78 million in profits. Earnings per share was 0.32.

Revenue	376.39M
Gross Profit	211.44M
Operating Income	81.82M
Pretax Income	74.75M
Net Income	57.78M
EBITDA	86.89M
EBIT	81.82M
Earnings Per Share (EPS)	0.32

Balance Sheet

The company has 22.18 million in cash and 89.73 million in debt, giving a net cash position of -67.55 million.

Cash & Cash Equivalents	22.18M
Total Debt	89.73M
Net Cash	-67.55M
Net Cash Per Share	n/a
Equity (Book Value)	292.43M
Book Value Per Share	1.61
Working Capital	71.86M

Cash Flow

In the last 12 months, operating cash flow was 81.86 million and capital expenditures -4.81 million, giving a free cash flow of 77.05 million.

Operating Cash Flow	81.86M
Capital Expenditures	-4.81M
Free Cash Flow	77.05M
FCF Per Share	n/a

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 0.16, which amounts to a dividend yield of 1.07%.

Dividend Per Share	0.16
Dividend Yield	1.07%
Dividend Growth (YoY)	-7.78%
Years of Dividend Growth	3
Payout Ratio	42.98%
Buyback Yield	-0.23%
Shareholder Yield	0.84%
Earnings Yield	1.98%
FCF Yield	2.65%

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