Coda Octopus EBITDA vs. Current Valuation
| CODA Stock | USD 8.53 0.34 3.83% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 3.2 M | Current Value 3.3 M | Quarterly Volatility 3.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.47 | 0.61 |
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For Coda Octopus profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coda Octopus to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coda Octopus Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coda Octopus's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coda Octopus Group over time as well as its relative position and ranking within its peers.
Coda |
Coda Octopus' Revenue Breakdown by Earning Segment
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coda Octopus. If investors know Coda will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coda Octopus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.222 | Earnings Share 0.26 | Revenue Per Share 1.678 | Quarterly Revenue Growth 0.12 | Return On Assets 0.0344 |
The market value of Coda Octopus Group is measured differently than its book value, which is the value of Coda that is recorded on the company's balance sheet. Investors also form their own opinion of Coda Octopus' value that differs from its market value or its book value, called intrinsic value, which is Coda Octopus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coda Octopus' market value can be influenced by many factors that don't directly affect Coda Octopus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coda Octopus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Coda Octopus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coda Octopus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Coda Octopus Group Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Coda Octopus's current stock value. Our valuation model uses many indicators to compare Coda Octopus value to that of its competitors to determine the firm's financial worth. Coda Octopus Group is rated second in ebitda category among its peers. It is rated below average in current valuation category among its peers reporting about 25.65 of Current Valuation per EBITDA. At present, Coda Octopus' EBITDA is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Coda Octopus' earnings, one of the primary drivers of an investment's value.Coda Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Coda Octopus |
| = | 2.74 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Coda Octopus |
| = | 70.28 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Coda Current Valuation vs Competition
Coda Octopus Group is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 30.13 Billion. Coda Octopus adds roughly 70.28 Million in current valuation claiming only tiny portion of equities under Information Technology industry.
Coda Octopus Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Coda Octopus, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coda Octopus will eventually generate negative long term returns. The profitability progress is the general direction of Coda Octopus' change in net profit over the period of time. It can combine multiple indicators of Coda Octopus, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3.1 M | -2.9 M | |
| Operating Income | 3.2 M | 3.3 M | |
| Income Before Tax | 3.9 M | 4.1 M | |
| Total Other Income Expense Net | 613.5 K | 447 K | |
| Net Income | 3.6 M | 3.8 M | |
| Income Tax Expense | -341.6 K | -324.6 K | |
| Net Income From Continuing Ops | 3.6 M | 3.5 M | |
| Non Operating Income Net Other | 124.2 K | 118 K | |
| Net Income Applicable To Common Shares | 4.9 M | 3.7 M | |
| Interest Income | 578.3 K | 398.2 K | |
| Net Interest Income | 738.9 K | 775.9 K | |
| Change To Netincome | 1.1 M | 1.1 M | |
| Net Income Per Share | 0.25 | 0.27 | |
| Income Quality | 0.69 | 0.62 | |
| Net Income Per E B T | 1.05 | 1.12 |
Coda Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Coda Octopus. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Coda Octopus position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Coda Octopus' important profitability drivers and their relationship over time.
Use Coda Octopus in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coda Octopus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coda Octopus will appreciate offsetting losses from the drop in the long position's value.Coda Octopus Pair Trading
Coda Octopus Group Pair Trading Analysis
The ability to find closely correlated positions to Coda Octopus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coda Octopus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coda Octopus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coda Octopus Group to buy it.
The correlation of Coda Octopus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coda Octopus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coda Octopus Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coda Octopus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Coda Octopus position
In addition to having Coda Octopus in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Coda Octopus' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Coda Octopus Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Coda Octopus' income statement, its balance sheet, and the statement of cash flows.