CODA
Coda Octopus Group, Inc.
CODA's fundamentals are strong: revenue grew 23% and its operating margin rose 5 points to 20%. At 19x earnings, it's trading in line with its usual 21x. Analysts expect that strong growth to continue.
CODA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Unavailable | |
| Strong |
CODA's profitability and balance sheet are currently strong, and its revenue is stable. There isn't enough data to rate its cash flow.
CODA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $7.02 | -19% |
| Forward | 16x | $8.65 | — |
| Current | 19x | $8.65 | — |
| Fair | 20x | $9.22 | +6.5% |
| Expensive | 29x | $13.13 | +52% |
Historical ranges are pointers, not guarantees.
CODA's PE is in its fair range at 19x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its cheap range.
CODA Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for CODA, with profitability improving.
CODA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.54 | +19% |
| Q3 2026 | $0.45 | +55% |
| Q2 2026 | $0.44 | +52% |
| Q1 2026 | $0.37 | +8.8% |
| Q4 2025 | $0.37 | +16% |
| Q3 2025 | $0.29 | +3.6% |
| Q2 2025 | $0.29 | +12% |
| Q1 2025 | $0.34 | +55% |
| Q4 2024 | $0.32 | +14% |
CODA's earnings per share have climbed steadily: $0.45 over the past year, up 55% from the year before, and higher year over year for eight quarters in a row.
CODA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $6.9M | -1.6% |
| Q1 2026 | $6.7M | +29% |
| Q4 2025 | $7.3M | +44% |
| Q3 2025 | $7.1M | +29% |
| Q2 2025 | $7M | +32% |
| Q1 2025 | $5.2M | +17% |
| Q4 2024 | $5.1M | +42% |
| Q3 2024 | $5.5M | +12% |
CODA's revenue is growing: $7M last quarter, down 1.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 26% | +11 points |
| Q1 2026 | 15% | +2.3 points |
| Q4 2025 | 19% | +14 points |
| Q3 2025 | 20% | -5.9 points |
| Q2 2025 | 16% | -9.9 points |
| Q1 2025 | 13% | +0.3 points |
| Q4 2024 | 5.7% | +15 points |
| Q3 2024 | 25% | +7.8 points |
CODA's operating margin was 26% last quarter, up 10 points from the same quarter a year ago, near the top of its range since 2019.
CODA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2M | -23% |
| Q2 2026 | $449.1K | -68% |
| Q1 2026 | $1.4M | +172% |
| Q4 2025 | $2.5M | +30% |
| Q3 2025 | $1.6M | +3.1% |
| Q2 2025 | $1.4M | +$2.5M |
| Q1 2025 | $513.4K | +$947K |
| Q4 2024 | $1.9M | +$2.5M |
CODA generated $6M in free cash flow over the past year, up 2.8% from the year before.
CODA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +13.1K shares |
| 1 year | 0% | -5.6K shares |
| 3 years | +0.1% | +14.8K shares |
| 5 years | -0.4% | -43.7K shares |
| Available history | +5.8% | +619K shares |
CODA has 11M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
CODA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.8x | Net Cash |
| Q2 2026 | -4.8x | Net Cash |
| Q1 2026 | -5.3x | Net Cash |
| Q4 2025 | -5.3x | Net Cash |
| Q3 2025 | -6.2x | Net Cash |
| Q2 2025 | -5.8x | Net Cash |
| Q1 2025 | -5.1x | Net Cash |
| Q4 2024 | -5.2x | Net Cash |
CODA has more cash than debt.
CODA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.0 | Neutral |
| Stochastic | 11.4 | Oversold |
CODA's weekly RSI is 37 (neutral) and its Stochastic is 11 (oversold).
CODA PE vs Industrials Sector
| Metric | CODA | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 20% below |
| PE % | 42 | 58 | 16 pts below |
CODA is trading at 19x earnings, a 20% discount to the Industrials sector's median of 24x.
CODA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.66 | 10% below |
| 20 week MA | $9.96 | 13% below |
| 50 week MA | $10.9 | 20% below |
| 100 week MA | $9.32 | 7.2% below |
| 200 week MA | $8.26 | 4.7% above |
CODA has fallen below most of its moving averages, though it's still 4.7% above its 200-week average.
CODA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.68 | $5.97 | -31% |
| 2021 | $5.97 | $7.96 | +33% |
| 2022 | $7.96 | $7.09 | -11% |
| 2023 | $7.09 | $6.02 | -15% |
| 2024 | $6.02 | $8.01 | +33% |
| 2025 | $8.01 | $9.36 | +17% |
| 2026 YTD | $9.36 | $8.65 | -7.6% |
CODA has finished lower in three of the last six years. It's down 7.6% so far in 2026.