Codan Limited (FRA:UL4)

Codan Statistics

Total Valuation

Codan has a market cap or net worth of EUR 3.79 billion. The enterprise value is 3.86 billion.

Market Cap	3.79B
Enterprise Value	3.86B

Important Dates

The last earnings date was 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)	+0.37%
Shares Change (QoQ)	+0.01%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	103.47M

Valuation Ratios

The trailing PE ratio is 51.82 and the forward PE ratio is 38.49.

PE Ratio	51.82
Forward PE	38.49
PS Ratio	8.75
PB Ratio	11.95
P/TBV Ratio	29.64
P/FCF Ratio	44.20
P/OCF Ratio	41.56
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.79, with an EV/FCF ratio of 45.11.

EV / Earnings	52.88
EV / Sales	8.45
EV / EBITDA	32.79
EV / EBIT	35.74
EV / FCF	45.11

Financial Position

The company has a current ratio of 1.78, with a Debt / Equity ratio of 0.27.

Current Ratio	1.78
Quick Ratio	0.76
Debt / Equity	0.27
Debt / EBITDA	0.77
Debt / FCF	1.00
Interest Coverage	15.22

Financial Efficiency

Return on equity (ROE) is 24.35% and return on invested capital (ROIC) is 20.02%.

Return on Equity (ROE)	24.35%
Return on Assets (ROA)	12.49%
Return on Invested Capital (ROIC)	20.02%
Return on Capital Employed (ROCE)	24.86%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	962,137
Profits Per Employee	162,375
Employee Count	450
Asset Turnover	0.85
Inventory Turnover	2.38

Taxes

In the past 12 months, Codan has paid 22.64 million in taxes.

Income Tax	22.64M
Effective Tax Rate	23.65%

Stock Price Statistics

The stock price has increased by +98.06% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+98.06%
50-Day Moving Average	19.51
200-Day Moving Average	15.60
Relative Strength Index (RSI)	48.49
Average Volume (20 Days)	9

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 432.96 million and earned 73.07 million in profits. Earnings per share was 0.40.

Revenue	432.96M
Gross Profit	247.34M
Operating Income	102.34M
Pretax Income	95.69M
Net Income	73.07M
EBITDA	107.78M
EBIT	102.34M
Earnings Per Share (EPS)	0.40

Balance Sheet

The company has 12.37 million in cash and 85.68 million in debt, with a net cash position of -73.30 million.

Cash & Cash Equivalents	12.37M
Total Debt	85.68M
Net Cash	-73.30M
Net Cash Per Share	n/a
Equity (Book Value)	316.94M
Book Value Per Share	1.75
Working Capital	83.25M

Cash Flow

In the last 12 months, operating cash flow was 91.11 million and capital expenditures -5.44 million, giving a free cash flow of 85.66 million.

Operating Cash Flow	91.11M
Capital Expenditures	-5.44M
Free Cash Flow	85.66M
FCF Per Share	n/a

Margins

Gross margin is 57.13%, with operating and profit margins of 23.64% and 16.88%.

Gross Margin	57.13%
Operating Margin	23.64%
Pretax Margin	22.10%
Profit Margin	16.88%
EBITDA Margin	24.89%
EBIT Margin	23.64%
FCF Margin	19.79%

Dividends & Yields

This stock pays an annual dividend of 0.16, which amounts to a dividend yield of 0.81%.

Dividend Per Share	0.16
Dividend Yield	0.81%
Dividend Growth (YoY)	-7.78%
Years of Dividend Growth	n/a
Payout Ratio	40.29%
Buyback Yield	-0.37%
Shareholder Yield	0.44%
Earnings Yield	1.93%
FCF Yield	2.26%

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 9.35 and a Piotroski F-Score of 8.

Altman Z-Score	9.35
Piotroski F-Score	8