Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
10.58 AUD | -1.21% | -3.82% | +23.74% |
Feb. 21 | Codan Shares Rise Nearly 11% as H1 FY24 Revenue Grows 26%, Profit Jumps | MT |
Feb. 21 | Transcript : Codan Limited, H1 2024 Earnings Call, Feb 21, 2024 |
Summary
- The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
- The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths
- The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
- The company returns high margins, thereby supporting business profitability.
- Over the past year, analysts have regularly revised upwards their sales forecast for the company.
- Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
- Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
- Over the past four months, analysts' average price target has been revised upwards significantly.
- Considering the small differences between the analysts' various estimates, the group's business visibility is good.
- Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
Weaknesses
- The firm trades with high earnings multiples: 24.61 times its 2024 earnings per share.
- The company's enterprise value to sales, at 3.69 times its current sales, is high.
- The company appears highly valued given the size of its balance sheet.
- The company is highly valued given the cash flows generated by its activity.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Electronic Equipment & Parts
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+23.74% | 1.28B | C | ||
+11.65% | 110B | C | ||
-1.86% | 28.8B | B- | ||
+15.90% | 22.19B | B+ | ||
-12.51% | 18.27B | C | ||
-7.70% | 17.5B | C+ | ||
+15.53% | 15.92B | C+ | ||
-4.17% | 11.75B | A | ||
-1.88% | 10.61B | B | ||
-4.52% | 9.65B | B |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
- Stock Market
- Equities
- CDA Stock
- Ratings Codan Limited