codan ltd (CDA:ASX)
codan ltd (CDA) Snapshot
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Open
A$1.60
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Previous Close
A$1.59
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Day High
A$1.77
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Day Low
A$1.60
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52 Week High
03/15/13 - A$3.95
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52 Week Low
09/10/12 - A$1.35
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Market Cap
309.6M
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Average Volume 10 Days
2.1M
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EPS TTM
A$0.27
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Shares Outstanding
176.9M
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EX-Date
03/8/13
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P/E TM
6.5x
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Dividend
A$0.16
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Dividend Yield
9.39%
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Related News
codan ltd (CDA) Related Businessweek News
No Related Businessweek News Foundcodan ltd (CDA) Details
Codan Limited, together with its subsidiaries, designs, manufactures, and markets radio communication and metal detection equipment, printed circuit boards, and mining technologies. The company offers high frequency radio communication solutions, including portable, vehicular, and base station receivers; and associated accessories for voice communications, data, email, GPS tracking, security, and interoperability requirements. It also provides handheld metal detectors and all-terrain treasure detectors, as well as metal detecting technologies for detection of gold nuggets, coins, treasure, artefacts, countermine, and unexploded ordnance. In addition, the company offers mining communications and technology services, including enterprise-wide communications and technology solutions for the mining sector; specialized underground data and voice communications technologies; and collision detection technology for mine safety; and productivity enhancement scheduling software for the development phase of underground mines. It primarily serves humanitarian demining organizations; consumer, military, and government bodies; serious hobbyists; semiprofessional prospectors; archaeologists; and prospectors, as well as public safety, security, natural resource, transportation, and other commercial markets. The company sells its products through a network of dealers, distributors, and agents. It operates primarily in Australia, the United States, Ireland, the United Kingdom, China, and India. Codan Limited was founded in 1959 and is based in Newton, Australia.
codan ltd (CDA) Top Compensated Officers
codan ltd (CDA) Key Developments
Codan Limited(ASX:CDA) added to S&P/ASX 300 Index
Codan Limited(ASX:CDA) added to S&P/ASX Small Ordinaries Index
Codan Limited reported consolidated earnings results for the half year ended December 31, 2012. For the half year ended December 31, 2012, the company reported revenue of $128,061,000, compared to $63,708,000 for the last year. Profit before tax was $38,210,000, compared to $15,217,000 for the last year. Profit from continuing operations was $26,647,000 or 15.3 cents per diluted share, compared to $10,796,000 or 6.5 cents per diluted share for the last year. Profit for the period was $26,508,000 or 15.2 cents per diluted share, compared to $9,868,000 or 6.0 cents per diluted share for the last year. Net cash from operating activities was $22,801,000, compared to net cash used in operating activities of $775,000 for the last year. Acquisition of property, plant and equipment was $1,551,000, compared to $1,127,000 for the last year. Acquisition of intangibles (computer software and licences) was $828,000, compared to $129,000 for the last year. The directors have declared an interim fully franked dividend of 6.0 cents per share compared to 4.0 cents in the pervious interim period, payable on April 2, 2013. Record date for determining entitlement to dividends is March 15, 2013.

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| CDA:AU | A$1.75 AUD | +0.165 | |
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Industry Analysis
CDA
Industry Average
| Valuation | CDA | Industry Range |
| Price/Earnings | 5.5x |
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| Price/Sales | 1.1x |
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| Price/Book | 2.2x |
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| Price/Cash Flow | 6.4x |
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| TEV/Sales | 0.9x |
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To contact CODAN LTD, please visit www.codan.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.
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