Coda Octopus Group, Inc. (CODA) is a Technology stock trading at $10.87 (as of 2026-09-18), with a market capitalization of $122.82M and a trailing P/E of 24.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Coda Octopus Group, Inc. designs and sells underwater technologies and equipment used for 3D imaging, mapping, defense, and survey applications. Operating through Marine Engineering Business and Marine Technology Business, it offers systems and software for geophysical data acquisition and processing, navigation and real-time monitoring for offshore operations, and related solutions for subsea customers such as survey companies, offshore renewable operators, research institutions, and salvage companies.
Coda Octopus designs and sells underwater sonar, 3D imaging, and mapping systems to survey companies, offshore energy operators, and defense agencies worldwide. Its two segments, Marine Engineering and Marine Technology, split between custom hardware builds and software/IP, with defense contracts now shaping the revenue mix.
The profit engine pairs proprietary sensor and software IP with custom marine hardware, yielding 66% gross margins, but revenue arrives in project and contract bursts rather than subscriptions, making quarter-to-quarter swings the normal state.
Business quality (Unprofitable): Niche but high-quality: 66% gross and 26% operating margins show the IP-driven model works, but the small, project-based revenue base means a single lost contract or geopolitical shock can swing results violently quarter to quarter.
| Price | $10.87 |
| Market Cap | $122.82M |
| P/E Ratio | 24.4 |
| Price / Book | 1.96 |
| Price / Sales | 4.29 |
| FCF Yield | 4.6% |
| DCF Value (model) | $6.54 |
| DCF Upside vs Price | -39.8% |
| Revenue (TTM) | $26.56M |
| Net Margin | 15.5% |
| Return on Equity | 8.0% |
| Current Ratio | 10.06 |
| Revenue Growth (YoY) | 9.2% |
| EPS Growth (YoY) | 9.1% |
| FCF Growth (YoY) | -23.5% |
| Altman Z-Score | 12.88 (safe) |
| Stock P/E | 24.4 |
| Sector P/E (Technology) | 30.2 |
| Industry P/E (Electronic Equipment) | 38.0 |
| vs Sector | -19.3% |
| vs Industry | -35.9% |
| Top Institutional Holder | ESSEX INVESTMENT MANAGEMENT CO LLC ($3.15M) |
| Institutional Holders Tracked | 10 |
| Sector | Technology |
| Industry | Electronic Equipment |
| CEO | Annmarie Gayle |
| Employees | 103 |
| Country | US |
| IPO Date | 2001-07-12 |
Data as of 2026-09-18.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.