Codan Limited (CODAF)
Codan Limited operates in the Hardware, Equipment & Parts industry of the Technology sector, headquartered in Mawson Lakes, SA, AU. The stock last traded at $23.61, up 0.00% on the session, giving a market capitalisation of $4.29B. On trailing twelve-month figures it carries a trailing P/E of 62.73, a net margin of 16.9%. Its beta of 1.28 implies it has historically moved more than the broad market.
Codan Limited delivers specialized technological solutions to a diverse client base, encompassing United Nations organizations, various government departments, mining firms, security and military forces, as well as individual users and small-scale miners. The company operates through two primary divisions: Communications and Metal Detection. The Communications segment is engaged in the conception, development, manufacturing, and global distribution of communication apparatus. This portfolio includes MIMO MESH systems, DTC radio solutions for the wireless conveyance of video and other data, and Zetron communication products. Conversely, the Metal Detection segment focuses on innovating, producing, and marketing metal detection equipment. This largely comprises handheld technologies designed for recreational use, gold prospecting, demining operations, and military contexts. Codan's products are distributed internationally via a robust network of authorized dealers, distributors, and agents, reaching markets in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, India, Ireland, Mexico, Singapore, the United Arab Emirates, and beyond. Incorporated in 1959, Codan Limited is headquartered in Mawson Lakes, Australia.
Codan Limited is most often compared with the following Technology names: