Codan (ASX:CDA) Short Ratio

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
83 GF Score
Price A$39.65
GF Value A$21.02
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Codan Short Ratio?

Short Ratio is a metric signaling prevailing investors' sentiment with a company. It represents the number of days it takes short sellers on average to repurchase all the shares short.

Due to the license agreement change with our data vendor, Short Interest related data on GuruFocus will no longer be updated. Existing data will remain as-is, while new data will not be available, except for certain Australian and Canadian stocks.

ASX:CDA
83GF Score
Codan Ltd ASX:CDA
Short Ratio 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$39.65 is trading 88.6% above its estimated GF Value™ of A$21.02. GuruFocus considers Codan to be Significantly Overvalued.

Key valuation signals for ASX:CDA:

  • Short Ratio:
  • GF Value™: A$21.02 vs. price of A$39.65 (88.6% above fair value)
  • GF Score™: 83/100 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.
83GF Score

Get the complete analysis for ASX:CDA

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

A$39.65
Price
A$21.02
GF Value