Codan (CDA) Stock Price, Fundamentals & Analysis

What CDA does

Codan (CDA) is an Australian stock listed on the ASX that designs, develops, manufactures, and sells communications equipment and metal detection equipment. It operates in two segments: Communications (such as DTC and Zetron) and Metal Detection (handheld metal detectors for recreational, gold mining, demining, and military markets). The company serves United Nations organizations, security and military agencies, government departments, major corporates, and individual consumers across Australia, Oceania, Europe, the Americas, Asia, Africa, and the Middle East. Codan was incorporated in 1959 and is headquartered in Mawson Lakes, Australia.

Key numbers explained

• Price: The current trading price of 52.25 AUD is what you would pay for one share right now.
• P/E ratio (trailing): 54.4 means you are paying 54.4 times the company's last 12 months of earnings per share (0.96 AUD). A higher P/E often reflects expectations of faster future growth.
• Forward P/E ratio: 37.8 uses expected future earnings, showing how the market values the company relative to what analysts anticipate.
• Dividend yield: 0.93% is the annual dividend income as a percentage of the current price. The ex-dividend date is 1 Sept. 2026, and 37% of earnings are paid out as dividends.
• Beta: 1.4 indicates the stock tends to move about 40% more than the overall market, both up and down.
• Market cap: 9.53 mld. AUD is the total value of all outstanding shares.
• Revenue growth: 30.6% year-over-year shows how quickly the company's top line has expanded in the last 12 months.
• Return on equity: 30.9% measures how efficiently the company generates profit from shareholders' equity.

What to watch

Codan operates in the Technology sector and the Scientific & Technical Instruments industry, which can be sensitive to government and defense spending cycles, commodity prices for metals, and global trade conditions. Because it trades on the ASX, it is part of the broader Australian market ecosystem alongside peers such as NextDC (NXT), Pexa Group (PXA), TechnologyOne (TNE), Netwealth Group (NWL), Life360 (360), Wisetech Global (WTC), and Xero (XRO). Investors often monitor upcoming earnings releases, with the next one scheduled for 20 Aug. 2026, and the 52-week price range of 25,18 – 53,62 as a reference for recent volatility.