Coda Octopus Group, Inc. CODA
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.
Quality score trend · recomputed for each fiscal year
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.
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.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
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.
How it ranks in Manufacturing · percentile among 1957 companies
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
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.688 |
| Retained earnings / assets | -0.051 |
| EBIT / assets | 0.07 |
| Equity / liabilities | 9.112 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| CODA | Coda Octopus Group, Inc. | 6/9 | 14.39 | 26.2 | +30.7% |
| MIND | MIND TECHNOLOGY, INC | 5/9 | 3.79 | 60.5 | -12.6% |
| NN | NEXTNAV INC. | 2/9 | -12.21 | — | — |
| AERG | APPLIED ENERGETICS, INC. | 4/9 | — | — | — |
| LUNR | Intuitive Machines, Inc. | 3/9 | -1.03 | — | -7.9% |
| TDY | TELEDYNE TECHNOLOGIES INC | 7/9 | 4.86 | 32.3 | +7.9% |
| GRMN | GARMIN LTD | 6/9 | 10.58 | 26.9 | +15.1% |
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.