Codan (ASX:CDA) Beginning Cash Position: A$39.7 Mil (As of Dec. 2025)


ASX:CDA Codan Ltd ASX:CDA
85 GF Score
Price A$44.49
GF Value A$20.90
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Codan Beginning Cash Position?

Codan ASX:CDA +3.47% 85 Beginning Cash Position is A$39.7 Mil as of Dec. 2025. GuruFocus rates ASX:CDA with a GF Score™ of 85/100 and a GF Value™ of A$20.90 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Codan's Beginning Cash Position for the quarter that ended in Dec. 2025 was A$39.7 Mil.

Codan's quarterly Beginning Cash Position increased from Dec. 2024 (A$19.7 Mil) to Jun. 2025 (A$27.9 Mil) and increased from Jun. 2025 (A$27.9 Mil) to Dec. 2025 (A$39.7 Mil).

Codan's annual Beginning Cash Position increased from Jun. 2023 (A$22.6 Mil) to Jun. 2024 (A$23.7 Mil) but then declined from Jun. 2024 (A$23.7 Mil) to Jun. 2025 (A$19.7 Mil).

Codan Beginning Cash Position Related Terms

Codan Beginning Cash Position Historical Data

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The historical data trend for Codan's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Codan Beginning Cash Position Chart

Codan Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.83 22.36 22.61 23.66 19.70

Codan Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.66 23.59 19.70 27.87 39.73
ASX:CDA
85GF Score
Codan Ltd ASX:CDA
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Codan Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of A$39.7 Mil mean?
Codan (ASX:CDA) has a Beginning Cash Position of A$39.7 Mil as of Dec. 2025. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Codan and its competitors.
Is Codan's Beginning Cash Position too high?
Codan's current Beginning Cash Position is A$39.7 Mil. Overall, Codan has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Codan's Beginning Cash Position compare to COHR and KEYS?
Codan's Beginning Cash Position of A$39.7 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Hardware company?
A good Beginning Cash Position depends on the Hardware industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Codan and its competitors. Codan's current Beginning Cash Position is A$39.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codan stock overvalued right now?
Based on GuruFocus' analysis, Codan (ASX:CDA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$20.90, compared to a current price of A$44.49 — trading 112.9% above its estimated fair value. The current Beginning Cash Position is A$39.7 Mil. Codan's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Codan (ASX:CDA), the current Beginning Cash Position is A$39.7 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Codan (ASX:CDA) Overvalued in 2026?

Based on GuruFocus' analysis, Codan stock appears to be overvalued. The current stock price of A$44.49 is trading 112.9% above its estimated GF Value™ of A$20.90. GuruFocus considers Codan to be Significantly Overvalued.

Key valuation signals for ASX:CDA:

  • Beginning Cash Position: A$39.7 Mil
  • GF Value™: A$20.90 vs. price of A$44.49 (112.9% above fair value)
  • GF Score™: 85/100 with 7 warning signs

No single metric tells the full story. See the ASX:CDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Codan Business Description

Other Exchanges UL4:Germany
Address Technology Park, 2 Second Avenue, Mawson Lakes, Adelaide, SA, AUS, 5095
Codan designs and sells communications products and metal detection devices. Its global customer base includes military, security, emergency responders, broadcasters, government, humanitarian organizations, utilities, and mining. Earnings are skewed to its communications business. This business provides command center technology used to coordinate public transport, emergency services, utilities, and broadcasting. Codan also produces lightweight radios suitable for attaching to drones. In metal detection, it produces hand-held metal detection devices, sold to organizations and individuals such as gold prospectors and hobbyist treasure hunters. Customers also use this equipment for safety and security. About half of group revenue comes from North America, and one-fourth is from Europe.
85GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$44.49
Price
A$20.90
GF Value