Codan Financials

Codan Stock Summary

Codan competes with CCL Industries, Clinuvel Pharmaceuticals, Contact Energy, Genasys, and Kraken Robotics. Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia. Codan operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange.

Codan Key Financial Ratios

There are many critical financial ratios that Codan's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Codan Limited reports annually and quarterly.

Codan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Codan's current stock value. Our valuation model uses many indicators to compare Codan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Codan competition to find correlations between indicators driving Codan's intrinsic value. More Info.Codan Limited is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Codan Limited is roughly  1.90 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Codan's earnings, one of the primary drivers of an investment's value.

Codan Limited Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Codan help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Codan Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Codan Limited based on widely used predictive technical indicators. In general, we focus on analyzing Codan Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Codan's daily price indicators and compare them against related drivers.

When running Codan's price analysis, check to measure Codan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Codan is operating at the current time. Most of Codan's value examination focuses on studying past and present price action to predict the probability of Codan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codan's price. Additionally, you may evaluate how the addition of Codan to your portfolios can decrease your overall portfolio volatility.