Contrasting Coda Octopus Group (CODA) & Its Rivals

Coda Octopus Group (NASDAQ:CODA) is one of 229 publicly-traded companies in the “Aerospace & Defense” industry, but how does it compare to its competitors? We will compare Coda Octopus Group to related companies based on the strength of its analyst recommendations, dividends, profitability, institutional ownership, valuation, risk and earnings.

Profitability

This table compares Coda Octopus Group and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Coda Octopus Group	17.64%	8.32%	7.58%
Coda Octopus Group Competitors	-347.37%	-49.14%	-4.39%

Insider and Institutional Ownership

20.1% of Coda Octopus Group shares are owned by institutional investors. Comparatively, 49.5% of shares of all “Aerospace & Defense” companies are owned by institutional investors. 19.5% of Coda Octopus Group shares are owned by insiders. Comparatively, 11.8% of shares of all “Aerospace & Defense” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Risk & Volatility

Coda Octopus Group has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500. Comparatively, Coda Octopus Group’s competitors have a beta of 1.39, indicating that their average share price is 39% more volatile than the S&P 500.

Earnings & Valuation

This table compares Coda Octopus Group and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Coda Octopus Group	$26.56 million	$4.13 million	19.59
Coda Octopus Group Competitors	$8.35 billion	$569.54 million	21.35

Coda Octopus Group’s competitors have higher revenue and earnings than Coda Octopus Group. Coda Octopus Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current recommendations for Coda Octopus Group and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Coda Octopus Group	0	1	2	0	2.67
Coda Octopus Group Competitors	2164	8283	12825	582	2.50

Coda Octopus Group currently has a consensus target price of $14.00, indicating a potential upside of 62.41%. As a group, “Aerospace & Defense” companies have a potential upside of 30.00%. Given Coda Octopus Group’s stronger consensus rating and higher possible upside, research analysts plainly believe Coda Octopus Group is more favorable than its competitors.

Summary

Coda Octopus Group beats its competitors on 7 of the 13 factors compared.

Coda Octopus Group Company Profile

Coda Octopus Group develops underwater technology and provides marine engineering services. Its products include the Echoscope, a real-time 3D sonar system designed to capture underwater images and data, along with related sonar and subsea equipment. The company serves customers in defense, commercial marine, offshore energy and hydrographic survey markets. Its technologies are used for applications such as underwater inspection, surveying, navigation and subsea operations. Coda Octopus also provides specialized underwater engineering and diving services.