CodanASX:CDA -1.14%84 OCF Yield % is 2.04 as of Jun. 26, 2026, which is 63% below its 10-year median of 5.52. GuruFocus rates ASX:CDA with a GF Score™ of 84/100 and a GF Value™ of A$20.78 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,492 Hardware companies, Codan ranks better than 50.04% on this metric.
OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Codan OCF Yield % Related Terms
Codan OCF Yield % Historical Data
* Premium members only.
The historical data trend for Codan's OCF Yield % 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: OCF Yield % Comparison
For the Scientific & Technical Instruments subindustry, Codan's OCF Yield %, along with its competitors' market caps and OCF Yield % 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 OCF Yield % vs Hardware Industry
For the Hardware industry and Technology sector, Codan's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Codan's OCF Yield % falls into.
* 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 (ASX:CDA) has a OCF Yield % of 2.04 as of Jun. 26, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Codan and its competitors. This is 63% below median its historical median of 5.52. Over the past decade, Codan's OCF Yield % has ranged from 1.84 to 24.46. According to the industry distribution chart, Codan ranks #1245 out of 2492 companies in the Hardware industry, placing it in the top 50%.
Is Codan's OCF Yield % too high?
Codan's current OCF Yield % of 2.04 is 63% below median its 10-year median of 5.52. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 24.46. The Hardware industry median OCF Yield % is 2.04. Codan's value of 2.04 is 0.2% above this industry median. Based on the distribution chart, Codan ranks #1245 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Codan has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Codan's OCF Yield % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Codan ranks #1245 out of 2492 companies for OCF Yield %. This puts Codan in the upper half of its industry. The industry median OCF Yield % is 2.04. Codan's value of 2.04 is 0.2% above this benchmark. Historically, Codan's own OCF Yield % has ranged from 1.84 to 24.46 over the past decade. While the company's 10-year median is 5.52 vs. the industry median of 2.04, Codan has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for a Hardware company?
The median OCF Yield % among Hardware companies is 2.04, based on 2,492 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Codan's current OCF Yield % of 2.04 is 0.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Codan and its competitors. For the Hardware industry, the median OCF Yield % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Codan's current OCF Yield % is 2.04, which is 63% below median its own 10-year median of 5.52. 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$20.78, compared to a current price of A$43.49 — trading 109.3% above its estimated fair value. The current OCF Yield % is 2.04, which is 63% below median its 10-year median of 5.52 and 0.2% above the Hardware industry median of 2.04. Codan's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Codan (ASX:CDA), the current OCF Yield % is 2.04 as of Jun. 26, 2026. 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$43.49 is trading 109.3% above its estimated GF Value™ of A$20.78.
GuruFocus considers Codan to be Significantly Overvalued.
Key valuation signals for ASX:CDA:
OCF Yield %: 2.04 (63% below median its 10-year median of 5.52)
GF Value™: A$20.78 vs. price of A$43.49 (109.3% above fair value)
Industry Position: 0.2% above the Hardware median (#1245 of 2492)
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.
84GF Score
Get the complete analysis for ASX:CDA
OCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:CDA has been successfully added to your 
