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Upturn AI SWOT - About
CODA 
Coda Octopus Group Inc (CODA)
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Upturn Advisory Summary
04/01/2025: CODA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit -2.44% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 72.66M USD | Price to earnings Ratio 19.03 | 1Y Target Price 8 |
Price to earnings Ratio 19.03 | 1Y Target Price 8 | ||
Volume (30-day avg) 19467 | Beta 0.6 | 52 Weeks Range 5.86 - 9.89 | Updated Date 04/2/2025 |
52 Weeks Range 5.86 - 9.89 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.34 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-17 | When Before Market | Estimate 0.03 | Actual 0.08 |
Profitability
Profit Margin 18.65% | Operating Margin (TTM) 12.71% |
Management Effectiveness
Return on Assets (TTM) 4.2% | Return on Equity (TTM) 7.61% |
Valuation
Trailing PE 19.03 | Forward PE 19.61 | Enterprise Value 50510186 | Price to Sales(TTM) 3.45 |
Enterprise Value 50510186 | Price to Sales(TTM) 3.45 | ||
Enterprise Value to Revenue 2.4 | Enterprise Value to EBITDA 10.76 | Shares Outstanding 11230200 | Shares Floating 4015712 |
Shares Outstanding 11230200 | Shares Floating 4015712 | ||
Percent Insiders 50.58 | Percent Institutions 18.45 |
Analyst Ratings
Rating 5 | Target Price 11 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Coda Octopus Group Inc
Company Overview
History and Background
Coda Octopus Group Inc. was founded in 1994. It specializes in real-time 3D sonar technology and subsea imaging solutions. Over the years, it has evolved from a technology development company to a provider of integrated solutions for subsea markets.
Core Business Areas
- Underwater Imaging: Development and manufacturing of real-time 3D sonar systems for subsea visualization and mapping.
- Echoscopeu00ae Series: Flagship real-time 3D sonar technology used for a wide range of subsea applications.
- Geophysical Survey: Solutions for underwater surveying and inspection, including cable and pipeline inspection.
- Software Solutions: Software platforms for data acquisition, processing, and visualization related to sonar data.
Leadership and Structure
The leadership team includes Blair Cunningham (CEO). The organizational structure is centered around technology development, sales and marketing, and customer support.
Top Products and Market Share
Key Offerings
- Echoscopeu00ae: Real-time 3D sonar system used in offshore construction, subsea infrastructure inspection, and dredging operations. The Echoscopeu00ae has a competitive advantage due to its real-time 3D capabilities, making it efficient for many subsea applications. Competitors include Teledyne Marine and Kongsberg Maritime. Market Share is estimated at 25% based on overall 3D sonar market analysis.
- Underwater Survey Explorer (USE): Integrated platform for subsea survey data acquisition, processing, and visualization. It enables real-time monitoring and analysis of subsea environments. Competitors include Qinsy by Teledyne and Hypack by Xylem Inc.. Market share estimated to be lower, at around 10-15%.
Market Dynamics
Industry Overview
The underwater imaging and sonar technology market is driven by increasing demand for offshore energy, infrastructure inspection, and underwater exploration. Technological advancements in 3D imaging, coupled with the rising adoption of autonomous underwater vehicles (AUVs), are key growth drivers.
Positioning
Coda Octopus Group Inc. is positioned as a technology leader in real-time 3D sonar solutions. Its competitive advantage lies in its proprietary Echoscopeu00ae technology, which offers high-resolution imaging and real-time data processing.
Total Addressable Market (TAM)
The total addressable market for underwater imaging and sonar technology is estimated to be approximately $2-3 billion USD. Coda Octopus is positioning itself to capture a larger share of this expanding market, with potential opportunities in AUV integration and new applications.
Upturn SWOT Analysis
Strengths
- Proprietary Echoscopeu00ae technology
- Strong expertise in real-time 3D sonar
- Established presence in key subsea markets
- Experienced management team
Weaknesses
- Limited financial resources compared to larger competitors
- High dependence on a single technology (Echoscopeu00ae)
- Relatively small market capitalization
- Limited brand recognition compared to bigger players
Opportunities
- Expanding applications of AUVs and ROVs
- Growing demand for offshore renewable energy
- Increasing focus on underwater infrastructure inspection
- Potential acquisitions of smaller, complimentary companies
Threats
- Competition from larger, well-funded companies
- Technological obsolescence
- Economic downturns affecting the offshore industry
- Regulatory changes
Competitors and Market Share
Key Competitors
- TDY
- KON.OL
Competitive Landscape
Coda Octopus is competitive in the niche market of real-time 3D sonar but faces competition from larger players with broader product portfolios. Coda Octopus's strength is its Echoscope technology, while its weakness is its limited scale.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been moderate, driven by the adoption of Echoscopeu00ae technology in various subsea applications.
Future Projections: Future growth is expected to be driven by increasing demand for AUV integration, offshore wind farm development, and infrastructure inspection.
Recent Initiatives: Recent initiatives include developing new software and hardware upgrades for the Echoscopeu00ae and expanding into new geographic markets.
Summary
Coda Octopus Group Inc. is a technology-focused company with a strong product in the real-time 3D sonar market. While its proprietary technology is a significant advantage, its small size and limited resources pose challenges. The company must capitalize on growing demand for AUV integration and offshore wind projects to achieve sustained growth and it needs to improve on financial stability.
Similar Companies
TDY
Teledyne Technologies Incorporated
TDY
Teledyne Technologies Incorporated
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Market Analysis
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share and TAM estimates are based on available data and may not be exact.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Coda Octopus Group Inc
Exchange NASDAQ | Headquaters Orlando, FL, United States | ||
IPO Launch date 2008-10-22 | CEO & Chairman Ms. Annmarie Gayle LL.B, LLM | ||
Sector Industrials | Industry Aerospace & Defense | Full time employees 103 | Website https://www.codaoctopusgroup.com |
Full time employees 103 | Website https://www.codaoctopusgroup.com | ||
Coda Octopus Group, Inc., together with its subsidiaries, sells and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the United States, Europe, Australia, Asia, the Middle East, and Africa. It operates through two segments: Marine Engineering Business and Marine Technology Business. The company's solutions include geophysical systems; GNSS-aided navigation systems (attitude and positioning systems); real time volumetric imaging sonar products; and diver augmented vision display systems. It also provides GeoSurvey, a software and hardware package for acquisition and processing of sidescan sonar and sub-bottom profiler data in oil and gas companies; DA4G, a geophysical hardware; and Survey Engine, a software product that provides post-processing solutions for sidescan sonar and sub-bottom profiler data. In addition, the company offers 3D/4D/5D/6D imaging sonar technology under the Echoscope and Echoscope PIPE name; diving technology under the CodaOctopus DAVD; and operates as a sub-contractor for defense contractors, as well as supplies sub-assemblies for broader mission critical defense systems. It markets and sells its technology solutions for the subsea and underwater markets. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.
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