Codan Ltd
ASX:CDA
Prices of ASX stocks are not being updated. The latest CDA price on Alpha Spread is from Oct 15, 2026. Financials, forecasts and intrinsic value keep updating.
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Intrinsic Value
The intrinsic value of 
Codan Ltd (CDA) under the Base Case is 17.31 AUD per share.
Compared with the last price of 59.36 AUD on Oct 15, the stock appears
Overvalued by 71% .
The intrinsic value is calculated using the DCF method. The model assumes net margin rises from 20% last year to 25% by 2031, higher than in any of the last six years. If net margin stayed at its five-year average of 17%, the estimate would be about AU$11.
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Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Codan Does
Codan Ltd is an Australian industrial technology company that makes radio communications equipment, metal detection gear, and related electronic systems. Its products are used in places where reliable communication or detection matters, such as mining sites, emergency services, remote work sites, and security or recreational metal detecting. The company sells hardware, software, and accessories, and it also earns money from after-sales support, spare parts, and service.
- Headquarters
- Australia AU
- Employees
- 1 000
- IPO date
- Nov 27, 2003
Earnings Waterfall
Codan Ltd
What is the Intrinsic Value of one CDA stock?
The intrinsic value for Codan Ltd (CDA) under the Base Case is 17.31 AUD.
Is CDA stock undervalued or overvalued?
Compared with the last price of 59.36 AUD on Oct 15, the stock appears Overvalued by 71% .
