Industrial AutomationRFID (Radio Frequency Identification)SensorsDetectors, Sensors and MemsDefenseTechMining TechnologyCommunications InfrastructureWireless
Description
Codan Limited (Codan) develops technology solutions for United Nations organizations, security and military groups, government departments, individuals, and small-scale miners that is specialized in advanced communications and metal detection equipme…
Analysis
Beloved champion
Codan Limited is a beloved champion: its quality is genuine, and the market already prices it as exceptional. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is expensive. You pay 63.8× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 22% yearly growth; analysts expect 33%. The price, in other words, assumes less than the experts do.
The trajectory is solid and the balance sheet is sturdy. The company scores 20/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.
What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202317
43
2023202420252026
All-time high
50
Sep 2023
All-time low
17
Jan 2023
Average rank
33
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
23
11
26
27
Price/Earnings
35
9
40
44
Price/Book
9
9
25
17
Dividend Yield
64
32
48
44
Value (overall)
23
3
16
18
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.