Stocktoria

Coda Octopus Group, Inc. CODA

Nasdaq · stock · Search, Detection, Navigation, Guidance, Aeronautical Sys · website · IPO 2001-07-12 · LEI

Coda Octopus Group, Inc. (CODA) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $26.6M at a 15.5% net margin.

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79/100
Stocktoria Quality Score · grade A
6/9
Piotroski F — financial health
14.39
Altman Z″ — distress risk · safe
Dividend yield · no dividend
-2.74
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
6 4 6 6 5 5 6 3 5 6 2016201720182019202020212022202320242025
Altman Z″
0.06 0.51 6.43 10.98 12.59 13.52 17.27 19.32 17.09 14.39 2016201720182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$10.27 as of 2026-08-12 · +28% 1y
$8.02$13.5652-wk

Beneish M-score: -2.74 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$108M
P / E26.2×
Net margin 5y avg18.4%
Return on equity 5y avg8.5%
Beta0.57
Employees100

Analyst price target

$14.00 +36.3% vs last
consensus: strong buy · 2 analysts
target range $14.00 – $14.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Smart money · insiders, last 12 months

Insiders net sold -$3.0M on the open market · 9 trades

Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.

Revenue trend · last 10y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 78%
Net marginstronger than 88%
Return on equitystronger than 69%
Revenue growthstronger than 87%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 6/9 tests passed

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.688
Retained earnings / assets-0.051
EBIT / assets0.07
Equity / liabilities9.112

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
CODACoda Octopus Group, Inc.6/914.3926.2+30.7%
MINDMIND TECHNOLOGY, INC5/93.7960.5-12.6%
NNNEXTNAV INC.2/9-12.21
AERGAPPLIED ENERGETICS, INC.4/9
LUNRIntuitive Machines, Inc.3/9-1.03-7.9%
TDYTELEDYNE TECHNOLOGIES INC7/94.8632.3+7.9%
GRMNGARMIN LTD6/910.5826.9+15.1%

All Manufacturing companies →

About Coda Octopus Group, Inc.

Coda Octopus Group, Inc., together with its subsidiaries, sells and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the United States, Europe, Australia, Asia, the Middle East, and Africa. It operates through three segments: Marine Technology Business, Acoustic Sensors and Materials Business, and Defense Engineering Services Business. The Marine Technology Business offers geophysical range of products, such as GeoSurvey, a software and hardware package for acquisition and processing of sidescan sonar and sub-bottom profiler data in oil and gas companies; DA4G, a geophysical hardware; and Survey Engine, a software product that provides post-processing solutions for sidescan sonar and sub-bottom profiler data; inertial positioning and attitude measurement systems; and real-time volumetric imaging sonar systems under the Echoscope, Echoscope PIPE, and Echoscope PIPE NANO Gen Series brands, as well as the Diver Augmented Vision Display (DAVD) system, digital audio communication systems, GNSS-aided inertial navigation systems, and geophysical hardware and software solutions. These products are used in underwater construction, offshore renewables, oil and gas, complex mapping, salvage operations, defense, robotics, autonomous underwater vehicles, marine sciences, and port security. The Acoustic Sensors and Materials Business provides acoustic sensors, hydrophones, innovative acoustic materials, and calibration services, such as the medical, subsea, defense, and research sectors, with a focus on medical imaging and non-destructive testing. The Defense Engineering Services Business designs, manufactures, and supplies embedded solutions and sub-assemblies for integration into mission-critical defense systems, supporting programs such as Raytheon's Close-In Weapon Support and Northrop Grumman's Mine Hunting System. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.

FAQ

Is CODA financially healthy?

Coda Octopus Group, Inc.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.

Does CODA pay a dividend?

No, Coda Octopus Group, Inc. does not currently pay a dividend.

How profitable is CODA?

In FY2025, Coda Octopus Group, Inc. had a net margin of 15.5% and a return on equity of 7.1%.

Is CODA overvalued or undervalued?

Coda Octopus Group, Inc. trades at about 27.8× trailing earnings — above its 10-year norm (10-year range 2.9×–29.6×, median 17.4×). Stocktoria reports the data, not buy/sell advice.

What is the analyst price target for CODA?

The average Wall-Street price target for Coda Octopus Group, Inc. is $14.00, about 36.3% above the recent price, from 2 analysts (consensus: strong buy).

Is CODA a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Coda Octopus Group, Inc.: a Piotroski F-score of 6/9, an Altman Z″ in the safe zone, a P/E of about 26.2×. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-10-31. Facts plus Stocktoria's own computed scores — not investment advice.