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1 Comment
Codan Limited is currently in a long term uptrend where the price is trading 23.3% above its 200 day moving average.
From a valuation standpoint, the stock is 88.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 8.5.
Codan Limited's total revenue rose by 13.7% to $194M since the same quarter in the previous year.
Its net income has increased by 35.8% to $41M since the same quarter in the previous year.
Finally, its free cash flow grew by 211.5% to $24M since the same quarter in the previous year.
Based on the above factors, Codan Limited gets an overall score of 5/5.
ISIN | AU000000CDA3 |
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Sector | Technology |
Industry | Scientific & Technical Instruments |
Exchange | AU |
CurrencyCode | AUD |
Target Price | 18.1543 |
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Dividend Yield | 1.6% |
Beta | 0.82 |
Market Cap | 3B |
PE Ratio | 35.96 |
Codan Limited develops technology solutions for United Nations organizations, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions. 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 company sells its products through a network of dealers, distributors, and agents in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, India, Ireland, Mexico, Singapore, the United Arab Emirates, and internationally. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia.
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