
Codan Ltd
ASX:CDA

Operating Margin
Codan Ltd
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
AU |
![]() |
Codan Ltd
ASX:CDA
|
3.7B AUD |
21%
|
|
JP |
![]() |
Keyence Corp
TSE:6861
|
13.6T JPY |
52%
|
|
CN |
![]() |
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
|
251.7B CNY |
15%
|
|
US |
![]() |
Keysight Technologies Inc
NYSE:KEYS
|
27.4B USD |
17%
|
|
CN |
![]() |
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
|
193.2B CNY |
5%
|
|
SE |
![]() |
Hexagon AB
STO:HEXA B
|
243.6B SEK |
25%
|
|
US |
![]() |
Teledyne Technologies Inc
NYSE:TDY
|
22.8B USD |
18%
|
|
US |
![]() |
Trimble Inc
NASDAQ:TRMB
|
17.1B USD |
13%
|
|
UK |
![]() |
Halma PLC
LSE:HLMA
|
11.7B GBP |
19%
|
|
US |
![]() |
Zebra Technologies Corp
NASDAQ:ZBRA
|
15B USD |
16%
|
|
IL |
M
|
Mobileye Global Inc
NASDAQ:MBLY
|
12B USD |
-168%
|
Codan Ltd
Glance View
Codan Ltd., an Australian-based company, has carved out a high-tech niche that's grounded in robust engineering and a deft understanding of niche markets. Established in 1959, Codan initially cut its teeth in the world of communication technologies. Over time, however, it expanded into metal detection and mining technology, leveraging its prowess in sophisticated electronics to meet the evolving demands of diverse industries. The company's operations can be characterized as a blend of innovation and practical application, where its products are not just technological marvels but also solutions to real-world problems. The metal detection division, for example, serves treasure hunters and security professionals worldwide, with advanced detectors that find applications ranging from leisure activities to critical security checkpoints. Codan's revenue mechanism hinges on its ability to remain at the cutting edge of technological advancement while tapping into niche markets with high demand for precision and reliability. The communications sector remains integral to Codan's portfolio, providing secure and reliable communications equipment for military, humanitarian, and government usages across the globe. This dual service paradigm allows Codan to maintain financial resilience and adapt to market shifts. Its focus on building a sustainable pipeline of innovative products that address specific industry needs has positioned Codan as a trusted name in a field where reliability and performance aren't just desired—they're expected. Through its commitment to quality and innovation, Codan continues to thrive, delivering steady growth even in a competitive and volatile market landscape.

See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Codan Ltd's most recent financial statements, the company has Operating Margin of 21.4%.