Codan Ltd
ASX:CDA

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Codan Ltd
ASX:CDA
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Price: 18.04 AUD 0.22% Market Closed
Market Cap: 3.3B AUD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CDA stock under the Base Case scenario is 15.29 AUD. Compared to the current market price of 18.04 AUD, Codan Ltd is Overvalued by 15%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CDA Relative Value
Base Case
15.29 AUD
Overvaluation 15%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.5
P/S
P/S
Price to Sales
5.5
vs History
12
vs Industry
18
Median 3Y
3.1
Median 5Y
3.8
Industry
1.7
Forward
5.1
More Details
36.6
P/E
P/E
Price to Earnings
36.6
vs History
3
vs Industry
22
Median 3Y
20.7
Median 5Y
22.1
Industry
21.6
Forward
33.1
More Details
31.1
P/OCF
P/OCF
Price to OCF
31.1
vs History
0
vs Industry
20
Median 3Y
19.5
Median 5Y
19
Industry
14.7
More Details
34.4
P/FCFE
P/FCFE
Price to FCFE
34.4
vs History
9
vs Industry
21
Median 3Y
26.5
Median 5Y
23.8
Industry
20.2
More Details
6.6
P/B
P/B
Price to Book Value
6.6
vs History
23
vs Industry
10
Median 3Y
3.8
Median 5Y
4.8
Industry
1.9
More Details
5.8
EV/S
EV/S
Enterprise Value to Sales
5.8
vs History
11
vs Industry
16
Median 3Y
3.3
Median 5Y
3.9
Industry
1.7
Forward
5.3
More Details
10.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.4
vs History
11
vs Industry
36
Median 3Y
6
Median 5Y
7
Industry
7.1
More Details
27.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
27.3
vs History
1
vs Industry
23
Median 3Y
16.3
Median 5Y
16.6
Industry
14.2
Forward
19.3
More Details
27.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
27.3
vs History
1
vs Industry
25
Median 3Y
16.3
Median 5Y
16.6
Industry
17.5
Forward
24.3
More Details
32.7
EV/OCF
EV/OCF
Enterprise Value to OCF
32.7
vs History
0
vs Industry
19
Median 3Y
20.6
Median 5Y
19.7
Industry
14.1
More Details
72.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
72.8
vs History
1
vs Industry
8
Median 3Y
47.7
Median 5Y
35.4
Industry
16.8
More Details
4.7
EV/IC
EV/IC
Enterprise Value to IC
4.7
vs History
33
vs Industry
13
Median 3Y
3
Median 5Y
3.9
Industry
1.5
More Details

Multiples Across Competitors

CDA Competitors Multiples
Codan Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Codan Ltd
ASX:CDA
3.3B AUD 5.5 36.6 27.3 27.3
JP
Keyence Corp
TSE:6861
14.4T JPY 13.6 36.2 23.4 24
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
259.7B CNY 2.8 21.5 16.8 16.8
SE
Hexagon AB
STO:HEXA B
256.6B SEK 4.3 24.1 13 18.8
US
Keysight Technologies Inc
NYSE:KEYS
27.1B USD 5.3 36.5 23.5 30.8
CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
193.2B CNY 117.8 1 890.2 2 354.3 2 354.3
US
Teledyne Technologies Inc
NYSE:TDY
23.2B USD 4 27.8 19.3 25.3
US
Trimble Inc
NASDAQ:TRMB
16.8B USD 4.7 11.1 26.3 38.7
US
Zebra Technologies Corp
NASDAQ:ZBRA
14.6B USD 2.9 26.6 16.5 20
UK
Halma PLC
LSE:HLMA
10.9B GBP 5.1 38.2 22.4 28.7
IL
Mobileye Global Inc
NASDAQ:MBLY
12.8B USD 6.9 -4.3 -4.4 -3.6

See Also

Summary
CDA intrinsic value, competitors valuation, and company profile.
DCF Valuation
CDA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CDA stock valuation using valuation multiples.
Wall Street Estimates
CDA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CDA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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