Codan Ltd
ASX:CDA

Watchlist Manager
Codan Ltd Logo
Codan Ltd
ASX:CDA
Watchlist
Price: 19.65 AUD -1.26% Market Closed
Market Cap: 3.6B 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 15.35 AUD. Compared to the current market price of 19.65 AUD, Codan Ltd is Overvalued by 22%.

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
15.35 AUD
Overvaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6
P/S
P/S
Price to Sales
6
vs History
9
vs Industry
18
Median 3Y
3.1
Median 5Y
3.8
Industry
1.7
Forward
5.5
More Details
39.9
P/E
P/E
Price to Earnings
39.9
vs History
3
vs Industry
22
Median 3Y
21.1
Median 5Y
23.6
Industry
22.1
Forward
36
More Details
33.9
P/OCF
P/OCF
Price to OCF
33.9
vs History
0
vs Industry
20
Median 3Y
19.5
Median 5Y
19
Industry
14.8
More Details
37.5
P/FCFE
P/FCFE
Price to FCFE
37.5
vs History
3
vs Industry
21
Median 3Y
26.5
Median 5Y
24
Industry
20.5
More Details
7.2
P/B
P/B
Price to Book Value
7.2
vs History
17
vs Industry
10
Median 3Y
4
Median 5Y
4.9
Industry
2
More Details
6.3
EV/S
EV/S
Enterprise Value to Sales
6.3
vs History
9
vs Industry
16
Median 3Y
3.4
Median 5Y
3.9
Industry
1.8
Forward
5.8
More Details
11.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.3
vs History
9
vs Industry
36
Median 3Y
6.1
Median 5Y
7.2
Industry
7.1
More Details
29.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
29.6
vs History
0
vs Industry
23
Median 3Y
16.6
Median 5Y
16.6
Industry
14.2
Forward
21
More Details
29.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
29.6
vs History
0
vs Industry
25
Median 3Y
16.6
Median 5Y
16.6
Industry
17.7
Forward
26.4
More Details
35.4
EV/OCF
EV/OCF
Enterprise Value to OCF
35.4
vs History
0
vs Industry
19
Median 3Y
20.7
Median 5Y
19.7
Industry
14.4
More Details
79
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
79
vs History
1
vs Industry
8
Median 3Y
49
Median 5Y
36.6
Industry
17.3
More Details
5.1
EV/IC
EV/IC
Enterprise Value to IC
5.1
vs History
25
vs Industry
13
Median 3Y
3.1
Median 5Y
3.9
Industry
1.6
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
3.6B AUD 6 39.9 29.6 29.6
JP
Keyence Corp
TSE:6861
14T JPY 13.3 35.2 22.7 23.3
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
254.7B CNY 2.7 21.1 16.4 16.4
US
Keysight Technologies Inc
NYSE:KEYS
27.9B USD 5.5 37.6 24.3 31.8
CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
193.2B CNY 117.8 1 890.2 2 354.3 2 354.3
SE
Hexagon AB
STO:HEXA B
250.8B SEK 4.2 23.6 12.7 18.3
US
Teledyne Technologies Inc
NYSE:TDY
22.9B USD 4 27.6 19.1 25
US
Trimble Inc
NASDAQ:TRMB
17.4B USD 4.9 11.5 27.2 40
UK
Halma PLC
LSE:HLMA
12B GBP 5.3 40.4 22.6 29
US
Zebra Technologies Corp
NASDAQ:ZBRA
15B USD 2.9 27.3 16.8 20.4
IL
Mobileye Global Inc
NASDAQ:MBLY
12.5B USD 6.8 -4.2 -4.2 -3.5

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
Back to Top
ALPHA SPREAD
Follow us
Join more than 262,100+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.