Coda Octopus Group, Inc.

NasdaqCM:CODA Stock Report

Market Cap: US$101.0m

Coda Octopus Group Valuation

Is CODA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CODA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CODA ($9.73) is trading above our estimate of fair value ($0.35)

Significantly Below Fair Value: CODA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CODA?

Key metric: As CODA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CODA. This is calculated by dividing CODA's market cap by their current earnings.
What is CODA's PE Ratio?
PE Ratio36.3x
EarningsUS$3.00m
Market CapUS$100.98m

Price to Earnings Ratio vs Peers

How does CODA's PE Ratio compare to its peers?

The above table shows the PE ratio for CODA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.4x
RSKI.A George Risk Industries
10.6xn/aUS$83.2m
FEIM Frequency Electronics
21xn/aUS$124.3m
SOTK Sono-Tek
47.3x-3.4%US$70.7m
CRAW.A Crawford United
10.7x-6.3%US$139.8m
CODA Coda Octopus Group
36.3x26.3%US$101.0m

Price-To-Earnings vs Peers: CODA is expensive based on its Price-To-Earnings Ratio (36.3x) compared to the peer average (22.4x).

Price to Earnings Ratio vs Industry

How does CODA's PE Ratio compare vs other companies in the US Electronic Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SHMD SCHMID Group
2.6xn/aUS$107.87m
SGE Strong Global Entertainment
3.8xn/aUS$12.27m
SPEC Spectaire Holdings
0.03xn/aUS$797.53k
SMX SMX (Security Matters)
0.5xn/aUS$714.91k
No more companies available in this PE range
CODA 36.3xIndustry Avg. 23.4xNo. of Companies9PE01632486480+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CODA is expensive based on its Price-To-Earnings Ratio (36.3x) compared to the US Electronic industry average (23.4x).

Price to Earnings Ratio vs Fair Ratio

What is CODA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CODA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.3x
Fair PE Ratio20.7x

Price-To-Earnings vs Fair Ratio: CODA is expensive based on its Price-To-Earnings Ratio (36.3x) compared to the estimated Fair Price-To-Earnings Ratio (20.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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