CODA OCTOPUS GROUP INC (CODA) Stock Fundamental Analysis
NASDAQ:CODA - Nasdaq - US19188U2069 - Common Stock - Currency: USD
Overall CODA gets a fundamental rating of 6 out of 10. We evaluated CODA against 125 industry peers in the Electronic Equipment, Instruments & Components industry. While CODA has a great health rating, its profitability is only average at the moment. CODA has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CODA was profitable.
CODA had a positive operating cash flow in the past year.
CODA had positive earnings in each of the past 5 years.
In the past 5 years CODA always reported a positive cash flow from operatings.
1.2 Ratios
CODA has a Return On Assets of 5.65%. This is in the better half of the industry: CODA outperforms 77.60% of its industry peers.
The Return On Equity of CODA (6.12%) is better than 64.00% of its industry peers.
The Return On Invested Capital of CODA (5.18%) is better than 64.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CODA is below the industry average of 9.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.65% | ||
| ROE | 6.12% | ||
| ROIC | 5.18% |
ROA(3y)7.18%
ROA(5y)8.24%
ROE(3y)7.74%
ROE(5y)9%
ROIC(3y)6.77%
ROIC(5y)7.02%
1.3 Margins
The Profit Margin of CODA (15.04%) is better than 92.00% of its industry peers.
CODA's Profit Margin has declined in the last couple of years.
The Operating Margin of CODA (15.06%) is better than 89.60% of its industry peers.
In the last couple of years the Operating Margin of CODA has declined.
With an excellent Gross Margin value of 67.11%, CODA belongs to the best of the industry, outperforming 96.80% of the companies in the same industry.
In the last couple of years the Gross Margin of CODA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.06% | ||
| PM (TTM) | 15.04% | ||
| GM | 67.11% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CODA 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 12.67 indicates that CODA is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 12.67, CODA belongs to the top of the industry, outperforming 92.00% of the companies in the same industry.
There is no outstanding debt for CODA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 12.67 |
ROIC/WACC0.54
WACC9.59%
2.3 Liquidity
CODA has a Current Ratio of 10.91. This indicates that CODA is financially healthy and has no problem in meeting its short term obligations.
CODA has a Current ratio of 10.91. This is amongst the best in the industry. CODA outperforms 92.80% of its industry peers.
CODA has a Quick Ratio of 7.72. 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 7.72, CODA belongs to the top of the industry, outperforming 90.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.91 | ||
| Quick Ratio | 7.72 |
3. Growth
3.1 Past
CODA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.38%, which is quite good.
CODA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.60% yearly.
The Revenue has grown by 24.79% in the past year. This is a very strong growth!
The Revenue has been decreasing by -4.11% on average over the past years.
EPS 1Y (TTM)15.38%
EPS 3Y-9.14%
EPS 5Y-7.6%
EPS Q2Q%-38.46%
Revenue 1Y (TTM)24.79%
Revenue growth 3Y-1.61%
Revenue growth 5Y-4.11%
Sales Q2Q%31.83%
3.2 Future
CODA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.62% yearly.
Based on estimates for the next years, CODA will show a very strong growth in Revenue. The Revenue will grow by 23.85% on average per year.
EPS Next Y10.65%
EPS Next 2Y30.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year26.93%
Revenue Next 2Y23.85%
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 25.47, CODA can be considered very expensive at the moment.
Based on the Price/Earnings ratio, CODA is valued a bit cheaper than the industry average as 66.40% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.35, CODA is valued at the same level.
The Price/Forward Earnings ratio is 13.57, which indicates a correct valuation of CODA.
Based on the Price/Forward Earnings ratio, CODA is valued cheaply inside the industry as 88.80% of the companies are valued more expensively.
CODA is valuated cheaply when we compare the Price/Forward Earnings ratio to 37.54, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.47 | ||
| Fwd PE | 13.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CODA is valued a bit cheaper than the industry average as 73.60% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CODA is valued cheaply inside the industry as 86.40% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.98 | ||
| EV/EBITDA | 14.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of CODA may justify a higher PE ratio.
CODA's earnings are expected to grow with 30.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.39
PEG (5Y)N/A
EPS Next 2Y30.62%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CODA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.64
-0.32 (-4.02%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners18.37%
Inst Owner Change0%
Ins Owners21.64%
Ins Owner Change0.31%
Market Cap85.80M
Analysts82.86
Price Target10.2 (33.51%)
Short Float %1.57%
Short Ratio2.14
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)2
Avg EPS beat(2)161.44%
Min EPS beat(2)161.44%
Max EPS beat(2)161.44%
EPS beat(4)3
Avg EPS beat(4)67.62%
Min EPS beat(4)-60.25%
Max EPS beat(4)161.44%
EPS beat(8)5
Avg EPS beat(8)95.51%
EPS beat(12)7
Avg EPS beat(12)71.64%
EPS beat(16)8
Avg EPS beat(16)45.8%
Revenue beat(2)2
Avg Revenue beat(2)27.1%
Min Revenue beat(2)0.12%
Max Revenue beat(2)54.09%
Revenue beat(4)2
Avg Revenue beat(4)11.85%
Min Revenue beat(4)-5.9%
Max Revenue beat(4)54.09%
Revenue beat(8)4
Avg Revenue beat(8)1.62%
Revenue beat(12)5
Avg Revenue beat(12)-0.88%
Revenue beat(16)6
Avg Revenue beat(16)-1.39%
PT rev (1m)0%
PT rev (3m)25%
EPS NQ rev (1m)-12%
EPS NQ rev (3m)-12%
EPS NY rev (1m)0%
EPS NY rev (3m)8.48%
Revenue NQ rev (1m)9.89%
Revenue NQ rev (3m)9.89%
Revenue NY rev (1m)17.18%
Revenue NY rev (3m)17.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.47 | ||
| Fwd PE | 13.57 | ||
| P/S | 3.77 | ||
| P/FCF | 15.98 | ||
| P/OCF | 14.77 | ||
| P/B | 1.54 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 14.48 |
EPS(TTM)0.3
EY3.93%
EPS(NY)0.56
Fwd EY7.37%
FCF(TTM)0.48
FCFY6.26%
OCF(TTM)0.52
OCFY6.77%
SpS2.03
BVpS4.98
TBVpS4.35
PEG (NY)2.39
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.65% | ||
| ROE | 6.12% | ||
| ROCE | 6.08% | ||
| ROIC | 5.18% | ||
| ROICexc | 9.16% | ||
| ROICexgc | 11.77% | ||
| OM | 15.06% | ||
| PM (TTM) | 15.04% | ||
| GM | 67.11% | ||
| FCFM | 23.59% |
ROA(3y)7.18%
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 Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 41.7% | ||
| Cap/Sales | 1.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 129.59% | ||
| Profit Quality | 156.88% | ||
| Current Ratio | 10.91 | ||
| Quick Ratio | 7.72 | ||
| Altman-Z | 12.67 |
F-Score6
WACC9.59%
ROIC/WACC0.54
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)15.38%
EPS 3Y-9.14%
EPS 5Y-7.6%
EPS Q2Q%-38.46%
EPS Next Y10.65%
EPS Next 2Y30.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)24.79%
Revenue growth 3Y-1.61%
Revenue growth 5Y-4.11%
Sales Q2Q%31.83%
Revenue Next Year26.93%
Revenue Next 2Y23.85%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y40.41%
EBIT growth 3Y-2.27%
EBIT growth 5Y-10.53%
EBIT Next Year33.73%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y153.28%
FCF growth 3Y-6.97%
FCF growth 5Y-14.58%
OCF growth 1Y230.08%
OCF growth 3Y-9.15%
OCF growth 5Y-17.44%