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Codan (STU:UL4) EV-to-EBIT : 24.67 (As of May. 22, 2025)


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What is Codan EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Codan's Enterprise Value is €1,868.8 Mil. Codan's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was €75.8 Mil. Therefore, Codan's EV-to-EBIT for today is 24.67.

The historical rank and industry rank for Codan's EV-to-EBIT or its related term are showing as below:

STU:UL4' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.45   Med: 13.23   Max: 38.43
Current: 26.47

During the past 13 years, the highest EV-to-EBIT of Codan was 38.43. The lowest was 5.45. And the median was 13.23.

STU:UL4's EV-to-EBIT is ranked worse than
67.77% of 1722 companies
in the Hardware industry
Industry Median: 14.955 vs STU:UL4: 26.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Codan's Enterprise Value for the quarter that ended in Dec. 2024 was €1,828.1 Mil. Codan's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was €75.8 Mil. Codan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 4.14%.


Codan EV-to-EBIT Historical Data

The historical data trend for Codan's EV-to-EBIT 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.

* Premium members only.

Codan EV-to-EBIT Chart

Codan Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.59 25.00 9.60 16.96 20.31

Codan Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EV-to-EBIT 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 - 16.96 - 20.31 -

Competitive Comparison of Codan's EV-to-EBIT

For the Scientific & Technical Instruments subindustry, Codan's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Codan's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Codan's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Codan's EV-to-EBIT falls into.


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Codan EV-to-EBIT Calculation

Codan's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1868.783/75.762
=24.67

Codan's current Enterprise Value is €1,868.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Codan's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was €75.8 Mil.

* 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  (STU:UL4) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Codan's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2024 ) =EBIT / Enterprise Value (Q: Dec. 2024 )
=75.762/1828.1335
=4.14 %

Codan's Enterprise Value for the quarter that ended in Dec. 2024 was €1,828.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Codan's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was €75.8 Mil.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Codan's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Codan Business Description

Traded in Other Exchanges
Address
Technology Park, 2 Second Avenue, Mawson Lakes, SA, AUS, 5095
Codan designs and sells communication 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 communication 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.

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