Codan Ltd. engages in the development of electronics solutions for government, corporate, NGO, and consumer markets. It operates through the following segments: Communications Equipment, Metal Detection, Tracking Solution, and Other. The Communications Equipment segment includes the design, development, manufacture, and marketing of communications equipment. The Metal Detection segment includes the design, development, manufacture, and marketing of metal detection equipment. The Tracking Solutions segment includes the design, manufacture, maintenance, and support of electronic products and associated software for the mining sector. The Other segment includes the manufacture and marketing of printed circuit boards. The company was founded by Alastair Wood, Ian Baker Wall and Jim Irvine Bettison on July 1, 1959 and is headquartered in Mawson Lakes, Australia.
|Market Price at 19-01-2018
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Codan:
Thursday, December 18, 2014
In February 2012 Skaffold graced the cover of Money magazine with our Top 5 and Top 50 stocks for 2012. Money readers loved it, and we have been privileged enough to share our Top 5 share tips each year since.
In 2012 we hypothetically invested $50,000 across the Top 5 stocks. In early 2013 we sold the 2012 stocks and reinvested the gains, including the $2,000-odd we received in dividends, into the 2013 stocks. We did the same thing in early 2014.
Had you followed this process, which by the way is methodical and not influenced by human opinion or bias, you’d be sitting on a portfolio worth just under $84,000.
Since inception the process has returned 75 per cent, or 77 per cent if you include franking. Annually, that’s a return of 22 per cent. Mr Warren Buffett would be proud.
Monday, July 07, 2014
In 2012 and again in 2013 we picked a portfolio of five top Aussie stocks for Money magazine.
Looking over the portfolios today, there have been hits and misses. But that’s part of investing. Real estate is the same. Not every house/apartment/commercial property goes up in ‘value’.
That’s why we think that 7 out of 10 stock picks, with portfolio returns of 23 per cent and 38 per cent ain’t too bad.
Thursday, February 06, 2014
Investing in top stocks – businesses with solid balance sheets, good cash flow, impressive profitability and the capacity to drive future growth – will build a portfolio with an impressive mix of businesses and, over the long run, deliver returns that should outperform the market.
Skaffold interprets a company’s key fundamentals and economic indicators into image-rich visuals, making it easy to spot the best stocks and avoid those with a track record of disappointing shareholders
Tuesday, January 21, 2014
Buying top-notch stocks at below their true value is the hallmark of successful value investors.
For the past two years Money magazine has asked Skaffold.com to name the Top 50 undervalued stocks, including five standouts.
Skaffold’s 2013 top stocks produced exceptional results and outperformed the All Ords Accumulation Index, as our 2012 portfolio had done the previous year. Assuming you invested $50,000 equally across the 2012 Top 5 stocks on 10 January 2012, sold on 11 January 2013, then purchased the 2013 Top 5 stocks, and sold on 10 January 2014, your 2 year return, including capital gains and income, would be 21.3% p.a.. Over the same period the All Ords Accumulation Index returned 17.5% p.a.. Skaffold’s Top Stocks outperformed the Index by 3.8% p.a.. That equates to $4,560 more profit in your pocket.
On 6 February 2014 Money magazine will hit the newsstands, unveiling Skaffold’s top stocks for 2014, which for the first time includes global shares.
Until then, here is a rundown on Skaffold’s 2012 and 2013 Money portfolios, and how the stocks stack up in Skaffold today.
Thursday, December 19, 2013
Since the start of November 2013 the stock market has fallen 345 points to 5096. We have also had negative announcements from Forge (FGE), Codan (CDA), QBE Insurance (QBE) and now Wotif (WTF).
Are we headed for a market crash? Is the “bubble” about to burst? Roger Montgomery shared his thoughts on what the coming year holds for investors at Skaffold's recent webinar.
Friday, November 22, 2013
Chris Batchelor, general manager of stock research application provider Skaffold, reckons you can find quality outside Australia's blue-chip companies.
"The focus for us is not on blue chips but on top-quality businesses," Batchelor says.
Batchelor uses a range of measures in order to determine what makes a good company. The obvious measures include cash flow, return on equity, debt-to-equity ratios and earnings per share (EPS).
Cash flow is also another important metric that should not be used in isolation.
"The cash flow ratio compares the amount of cash a business generates to its profit. You would expect the two to relate, but sometimes they diverge and it is important to understand why," Batchelor says.
Monday, November 18, 2013
In January 2013, for the second consecutive year, Skaffold identified five top stocks for the year for Money magazine.
Chosen because of their Skaffold Scores for balance-sheet quality and business performance, value for money, future growth opportunities and attractive yield, the 2013 stocks were property developer Cedar Woods Properties (CWP), oil and gas sector services provider Clough (CLO), mining services business Decmil Group (DCG), travel retailer Flight Centre (FLT) and coal industry services provider Mastermyne Group (MYE).
Including capital growth and dividends, $50,000 invested equally across the five stocks returned 28.6% in the period January 11, 2013 to close of trade on September 30, 2013. Add franking credits and the return is 30.2%. Over the same period the All Ordinaries Accumulation Index returned 14.7%. The 2013 Top 5 outperformed the index by 15.5%.
$50,000 invested equally across the 2012 Top 5 stocks – ARB Corp (ARP), Codan (CDA), M2 Telecommunications (MTU), Seymour Whyte (SWL) and ThinkSmart (TSM) – returned 47.5% from January 10, 2012 to September 30, 2013, including franking benefits. Over the same period the All Ordinaries Accumulation Index returned 15.8%.
Wednesday, November 13, 2013
At 11am (Sydney time) on Thursday 14 November Roger Montgomery will share his Skaffold secrets.
This is a once a year opportunity to hear how Roger Montgomery uses Skaffold to produce market-beating returns.
Watch the live webcast and discover the signals from Skaffold that prompted Roger Montgomery to buy McMillan Shakespeare and why, despite a sea of green, he avoided the contracting mining services sector.
The webcast was recorded. The highlights will be available shortly at Skaffold's blog.
Thursday, November 07, 2013
In January 2013 for the second consecutive year, Skaffold identified five top stocks for Money magazine.
Chosen because of their premium Skaffold Scores for balance-sheet quality and business performance (high return on equity), value for money, future growth opportunities and attractive dividend yield, the 2013 stocks were property developer Cedar Woods Properties (CWP), oil and gas sector services provider Clough (CLO), mining services business Decmil Group (DCG), travel retailer Flight Centre (FLT) and coal industry services provider Mastermyne Group (MYE).
Including capital growth and dividends, $50,000 invested equally across the five stocks returned 28.6% in the period January 11, 2013 to close of trade on September 30, 2013. Add franking credits and the return is 30.2%. Over the same period the All Ordinaries Accumulation Index returned 14.7%. To date the 2013 Top 5 has outperformed the index by 15.5%.
Saturday, November 02, 2013
Top stocks have five things in common: great management, impressive return on equity, low debt, strong earnings per share growth and positive intrinsic value growth.
Right now in Skaffold there are a handful of stocks that exhibit these characteristics. We first wrote about them at our blog on 22 October. Click here to read about these businesses and see their key performance ratios.
At our webinar, How to identify investment opportunities in an overpriced market, Skaffold’s General Manager Chris Batchelor CFA shared his insights on the opportunities and potential challenges for a handful of these businesses. Here are Chris’s insights.