Codan (ASX:CDA) Valuation Rank

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:CDA Codan Ltd ASX:CDA
82 GF Score
Price A$38.67
GF Value A$21.04
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Codan Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.


Codan Valuation Rank Related Terms

ASX:CDA
82GF Score
Codan Ltd ASX:CDA
Valuation Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Is Codan (ASX:CDA) Overvalued in 2026?

Based on GuruFocus' analysis, Codan stock appears to be overvalued. The current stock price of A$38.67 is trading 83.8% above its estimated GF Value™ of A$21.04. GuruFocus considers Codan to be Significantly Overvalued.

Key valuation signals for ASX:CDA:

  • Valuation Rank:
  • GF Value™: A$21.04 vs. price of A$38.67 (83.8% above fair value)
  • GF Score™: 82/100 with 6 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.
82GF Score

Get the complete analysis for ASX:CDA

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

A$38.67
Price
A$21.04
GF Value