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Codan's gross profit for the
six
months ended in Dec. 2025 was A$229.0 Mil. Codan's gross profit for the trailing twelve months (TTM) ended in Dec. 2025 was A$435.4 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Codan's gross profit for the
six
months ended in Dec. 2025 was A$229.0 Mil. Codan's Revenue for the
six
months ended in Dec. 2025 was A$393.5 Mil. Therefore, Codan's Gross Margin % for the quarter that ended in Dec. 2025 was 58.20%.
Codan had a gross margin of 58.20% for the quarter that ended in Dec. 2025 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Codan was 60.25%. The lowest was 54.65%. And the median was 56.33%.
Codan (ASX:CDA) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Codan had a gross margin of 58.20% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Codan Gross Profit Related Terms
Codan Gross Profit Historical Data
* Premium members only.
The historical data trend for Codan's Gross Profit 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.
ASX:CDA vs COHR, KEYS, GRMN: Gross Profit Comparison
For the Scientific & Technical Instruments subindustry, Codan's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Hardware Industry
For the Hardware industry and Technology sector, Codan's Gross Profit distribution charts can be found below:
* The bar in red indicates where Codan's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$435.4 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Codan's Gross Margin % for the quarter that ended in Dec. 2025 is calculated as
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Codan (ASX:CDA) has a Gross Profit of A$435.4 Mil as of Dec. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on Codan and its competitors.
Is Codan's Gross Profit too high?
Codan's current Gross Profit is A$435.4 Mil. Overall, Codan has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Codan's Gross Profit compare to COHR and KEYS?
Codan's Gross Profit of A$435.4 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 Gross Profit for a Hardware company?
A good Gross Profit depends on the Hardware industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Codan and its competitors. Codan's current Gross Profit is A$435.4 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$21.05, compared to a current price of A$38.52 — trading 83% above its estimated fair value. The current Gross Profit is A$435.4 Mil. Codan's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Codan (ASX:CDA), the current Gross Profit is A$435.4 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$38.52 is trading 83% above its estimated GF Value™ of A$21.05.
GuruFocus considers Codan to be Significantly Overvalued.
Key valuation signals for ASX:CDA:
Gross Profit: A$435.4 Mil
GF Value™: A$21.05 vs. price of A$38.52 (83% above fair value)
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 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.
82GF Score
Get the complete analysis for ASX:CDA
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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