CODA OCTOPUS GROUP INC (CODA) Stock Fundamental Analysis
NASDAQ:CODA - Nasdaq - US19188U2069 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to CODA. CODA was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. CODA has an excellent financial health rating, but there are some minor concerns on its profitability. CODA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CODA was profitable.
CODA had a positive operating cash flow in the past year.
In the past 5 years CODA has always been profitable.
In the past 5 years CODA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.34%, CODA is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
CODA's Return On Equity of 6.86% is fine compared to the rest of the industry. CODA outperforms 64.17% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.69%, CODA is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
CODA had an Average Return On Invested Capital over the past 3 years of 6.77%. This is below the industry average of 8.95%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.34% | ||
| ROE | 6.86% | ||
| ROIC | 5.69% |
ROA(3y)7.17%
ROA(5y)8.24%
ROE(3y)7.74%
ROE(5y)9%
ROIC(3y)6.77%
ROIC(5y)7.02%
1.3 Margins
Looking at the Profit Margin, with a value of 17.95%, CODA belongs to the top of the industry, outperforming 95.00% of the companies in the same industry.
In the last couple of years the Profit Margin of CODA has declined.
CODA has a better Operating Margin (17.64%) than 93.33% of its industry peers.
CODA's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 69.76%, CODA belongs to the top of the industry, outperforming 99.17% of the companies in the same industry.
CODA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.64% | ||
| PM (TTM) | 17.95% | ||
| GM | 69.76% |
OM growth 3Y-0.67%
OM growth 5Y-6.69%
PM growth 3Y-8.21%
PM growth 5Y-2.97%
GM growth 3Y0.25%
GM growth 5Y1.25%
2. Health
2.1 Basic Checks
CODA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CODA has more shares outstanding
CODA has more shares outstanding than it did 5 years ago.
CODA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 13.21 indicates that CODA is not in any danger for bankruptcy at the moment.
The Altman-Z score of CODA (13.21) is better than 91.67% of its industry peers.
CODA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 13.21 |
ROIC/WACC0.63
WACC9.06%
2.3 Liquidity
A Current Ratio of 11.03 indicates that CODA has no problem at all paying its short term obligations.
CODA's Current ratio of 11.03 is amongst the best of the industry. CODA outperforms 94.17% of its industry peers.
CODA has a Quick Ratio of 7.44. This indicates that CODA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 7.44, CODA belongs to the top of the industry, outperforming 92.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.03 | ||
| Quick Ratio | 7.44 |
3. Growth
3.1 Past
CODA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.86%, which is quite good.
The Earnings Per Share has been decreasing by -7.60% on average over the past years.
Looking at the last year, CODA shows a small growth in Revenue. The Revenue has grown by 4.97% in the last year.
Measured over the past years, CODA shows a decrease in Revenue. The Revenue has been decreasing by -4.11% on average per year.
EPS 1Y (TTM)17.86%
EPS 3Y-9.14%
EPS 5Y-7.6%
EPS Q2Q%250%
Revenue 1Y (TTM)4.97%
Revenue growth 3Y-1.61%
Revenue growth 5Y-4.11%
Sales Q2Q%41.84%
3.2 Future
The Earnings Per Share is expected to grow by 24.32% on average over the next years. This is a very strong growth
CODA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.76% yearly.
EPS Next Y17.45%
EPS Next 2Y24.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year27.8%
Revenue Next 2Y19.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 23.55, CODA is valued on the expensive side.
Based on the Price/Earnings ratio, CODA is valued a bit cheaper than the industry average as 69.17% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of CODA to the average of the S&P500 Index (29.63), we can say CODA is valued slightly cheaper.
The Price/Forward Earnings ratio is 20.05, which indicates a rather expensive current valuation of CODA.
69.17% of the companies in the same industry are more expensive than CODA, based on the Price/Forward Earnings ratio.
CODA's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.55 | ||
| Fwd PE | 20.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CODA is valued a bit cheaper than 67.50% of the companies in the same industry.
CODA's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.87 | ||
| EV/EBITDA | 15.14 |
4.3 Compensation for Growth
CODA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CODA has a very decent profitability rating, which may justify a higher PE ratio.
CODA's earnings are expected to grow with 24.32% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.35
PEG (5Y)N/A
EPS Next 2Y24.32%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CODA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:CODA (2/21/2025, 8:10:30 PM)
7.77
-0.11 (-1.4%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners18.59%
Inst Owner Change-1.99%
Ins Owners29.66%
Ins Owner Change0.25%
Market Cap87.18M
Analysts82.86
Price Target11.22 (44.4%)
Short Float %1.71%
Short Ratio2.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-26.21%
Min EPS beat(2)-60.25%
Max EPS beat(2)7.84%
EPS beat(4)3
Avg EPS beat(4)147.68%
Min EPS beat(4)-60.25%
Max EPS beat(4)488.24%
EPS beat(8)4
Avg EPS beat(8)56.74%
EPS beat(12)5
Avg EPS beat(12)41.34%
EPS beat(16)8
Avg EPS beat(16)58.05%
Revenue beat(2)0
Avg Revenue beat(2)-3.41%
Min Revenue beat(2)-5.9%
Max Revenue beat(2)-0.92%
Revenue beat(4)2
Avg Revenue beat(4)4.42%
Min Revenue beat(4)-5.9%
Max Revenue beat(4)14.9%
Revenue beat(8)2
Avg Revenue beat(8)-6.64%
Revenue beat(12)4
Avg Revenue beat(12)-4.95%
Revenue beat(16)6
Avg Revenue beat(16)-2.59%
PT rev (1m)0%
PT rev (3m)22.22%
EPS NQ rev (1m)-70%
EPS NQ rev (3m)-65.91%
EPS NY rev (1m)-11.63%
EPS NY rev (3m)-11.63%
Revenue NQ rev (1m)-11.1%
Revenue NQ rev (3m)-11.53%
Revenue NY rev (1m)7.69%
Revenue NY rev (3m)7.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.55 | ||
| Fwd PE | 20.05 | ||
| P/S | 4.29 | ||
| P/FCF | 46.87 | ||
| P/OCF | 35.56 | ||
| P/B | 1.64 | ||
| P/tB | 1.9 | ||
| EV/EBITDA | 15.14 |
EPS(TTM)0.33
EY4.25%
EPS(NY)0.39
Fwd EY4.99%
FCF(TTM)0.17
FCFY2.13%
OCF(TTM)0.22
OCFY2.81%
SpS1.81
BVpS4.74
TBVpS4.08
PEG (NY)1.35
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.34% | ||
| ROE | 6.86% | ||
| ROCE | 6.68% | ||
| ROIC | 5.69% | ||
| ROICexc | 9.8% | ||
| ROICexgc | 12.81% | ||
| OM | 17.64% | ||
| PM (TTM) | 17.95% | ||
| GM | 69.76% | ||
| FCFM | 9.16% |
ROA(3y)7.17%
ROA(5y)8.24%
ROE(3y)7.74%
ROE(5y)9%
ROIC(3y)6.77%
ROIC(5y)7.02%
ROICexc(3y)13.41%
ROICexc(5y)21.95%
ROICexgc(3y)16.61%
ROICexgc(5y)47.06%
ROCE(3y)7.94%
ROCE(5y)8.24%
ROICexcg growth 3Y-57.8%
ROICexcg growth 5Y-17.38%
ROICexc growth 3Y-44.5%
ROICexc growth 5Y-18.44%
OM growth 3Y-0.67%
OM growth 5Y-6.69%
PM growth 3Y-8.21%
PM growth 5Y-2.97%
GM growth 3Y0.25%
GM growth 5Y1.25%
F-Score6
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 76.78% | ||
| Cap/Sales | 2.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 56.3% | ||
| Profit Quality | 51.02% | ||
| Current Ratio | 11.03 | ||
| Quick Ratio | 7.44 | ||
| Altman-Z | 13.21 |
F-Score6
WACC9.06%
ROIC/WACC0.63
Cap/Depr(3y)157.2%
Cap/Depr(5y)139.88%
Cap/Sales(3y)5.48%
Cap/Sales(5y)5.19%
Profit Quality(3y)67.6%
Profit Quality(5y)70.43%
High Growth Momentum
Growth
EPS 1Y (TTM)17.86%
EPS 3Y-9.14%
EPS 5Y-7.6%
EPS Q2Q%250%
EPS Next Y17.45%
EPS Next 2Y24.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.97%
Revenue growth 3Y-1.61%
Revenue growth 5Y-4.11%
Sales Q2Q%41.84%
Revenue Next Year27.8%
Revenue Next 2Y19.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y30.53%
EBIT growth 3Y-2.27%
EBIT growth 5Y-10.53%
EBIT Next Year33.73%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y616.67%
FCF growth 3Y-6.97%
FCF growth 5Y-14.58%
OCF growth 1Y2.59%
OCF growth 3Y-9.15%
OCF growth 5Y-17.44%