About Coda Octopus Group
Coda Octopus Group, Inc., together with its subsidiaries, develops and sells underwater technologies and equipment for 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business. It sells technology solutions to the subsea and underwater markets. The company's solutions include geophysical systems, a geophysical data acquisition systems, processing, and analysis software that are used primarily by survey companies, offshore renewable companies, research institutions, and salvage companies; GNSS-aided navigation systems; Echoscope and Echoscope PIPE used for real time monitoring of cable installations for offshore wind projects; and diver augmented vision display system.
It offers CodaOctopus GeoSurvey products, such as hardware and software solutions for field acquisition of sidescan sonar and sub-bottom profiler; and CodaOctopus DA4G productivity suite of software that automates the tasks of analyzing, annotating, and mosaicing complex data sets. It markets its products under the CodaOctopus brand name. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.
CODA operates in the Manufacturing | Electronic Equipment | headquartered in Florida | approximately 80 employees | led by CEO Annmarie M. Gayle.
Updated February 16, 2026
Coda Octopus Group earns a Buy rating from our quantitative model with a composite score of 74/100, ranking #13 among 7,333 U.S. stocks. The model sees a stock with an above-average factor profile — not without risks, but with enough quantitative support to warrant a constructive outlook.
The strongest dimension is value at 90/100, which places CODA in the top 10 percent of all stocks on this measure. quality at 83/100 provides secondary support. Investors should note that investment efficiency scores a below-average 32/100, which tempers the overall profile.
Within the Manufacturing sector, CODA ranks 6th out of 50 peers, placing it in the 88th percentile. At $84 million, the company is a small-cap stock with higher potential but also higher risk.
Six-Factor Scorecard
Our model evaluates every U.S. stock across six independently measured dimensions. Each score represents a percentile rank — a score of 80 means the stock ranks higher than 80 percent of all companies on that factor.
Key Financial Metrics
Quality Analysis
Coda Octopus Group's quality score of 83/100 places it among the top profitability performers in the market. The quality factor evaluates margins, return on equity, return on assets, and earnings consistency — the fundamental building blocks of a durable business.
Return on equity of 7.0% exceeds the sector median of -2.0%. Gross margins of 68.0% reflect strong pricing power and competitive moats. Operating margins of 20.0% sit above the 3.0% sector average.
Net margins of 18.0% demonstrate that the company efficiently converts revenue into bottom-line profit.
Valuation Assessment
A value score of 90/100 puts CODA in the top 10 percent of all stocks on cheapness — suggesting the market is significantly underpricing the company's fundamentals. Key valuation metrics include a P/E ratio of 16.3x, an EV/EBITDA of 11.9x, a price-to-book of 1.5x, a price-to-sales of 3.0x. Deep value scores like this historically correlate with above-average forward returns, though they can also reflect legitimate concerns about business quality that the value factor does not capture.
Momentum & Timing
Coda Octopus Group's momentum score of 80/100 places it among the strongest trending stocks in the market. The stock has been outperforming roughly 80 percent of all other companies over the relevant measurement window. The academic literature, starting with Jegadeesh and Titman's seminal 1993 research, demonstrates that stocks with this kind of relative strength tend to continue outperforming for three to twelve months.
Revenue growth of 29.0% is fueling the price trend from the fundamental side. A beta of 1.07 means Coda Octopus Group moves roughly in line with the broader market.
Our entry timing model currently signals Favorable, which warrants caution despite the price trend.
Risk Factors
No investment comes without risks, and honest analysis requires flagging them clearly:
- Small-cap illiquidity. At $84 million, CODA has lower trading volume and wider bid-ask spreads than large-cap peers. This can amplify short-term price volatility and make it harder for larger investors to build or exit positions without moving the stock.
- Model limitations. Quantitative models measure what is measurable — financial ratios, price trends, leverage — but cannot capture qualitative factors like management quality, competitive positioning, or pending litigation. This analysis should be supplemented with fundamental due diligence.
- Market regime risk. Factor-based strategies perform differently across market regimes. The current factor exposures that support Coda Octopus Group's rating may become headwinds if the macro environment shifts — for example, if interest rates move sharply or if sector rotation accelerates.
Bottom Line
Coda Octopus Group earns a Buy rating with a composite score of 74/100 and 4 out of 5 stars, ranking #13 among 7,333 stocks. The factor profile is constructive — not without blemishes, but with enough quantitative support to position CODA above the majority of the market.
Explore the full CODA analysis page for interactive factor breakdowns, or view the complete stock rankings.
Disclaimer: This article is generated by Blank Capital Research's quantitative model and is provided for informational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance is not indicative of future results. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
