Sunday, December 18, 2016 4:40:59 PM
on the 13th.
$CDOC
Reviewing the Numbers for Coda Octopus Group, Inc. (OTCPK:CDOC)
December 14, 2016 Beacon Staff Writer
Market investors might be taking a second look at shares of Coda Octopus Group, Inc. (OTCPK:CDOC). The company currently has a Gross Margin (Marx) ratio of 0.480534. Robert Novy-Marx has provided investors with insights on finding high-quality value stocks. Marx pointed to a high gross income ratio defining the quality of a company. Coda Octopus Group, Inc. has a Gross Margin score of 24. The Gross Margin score lands between 1 and 100 where a score of 1 would be seen as good, and a score of 100 would be considered bad. This score is based on the Gross Margin stability and growth over the previous 8 years.
Focusing in further, Coda Octopus Group, Inc. (OTCPK:CDOC) has an EV (Enterprise Value) of 20564. EV represents the total economic value of a specific company. EV is considered to gauge the theoretical takeover price if a company was to be acquired. EV takes into account more than just the outstanding equity. Debt and cash can have a big impact on a firm’s Enterprise Value. Although two companies may have the same market cap, they may have highly different EV values.
Investors searching for value in the stock market may be checking on the Magic Formula Rank or MF Rank for Coda Octopus Group, Inc. (OTCPK:CDOC). Coda Octopus Group, Inc. currently has a MF Rank of 270. The Magic Formula was devised and made popular by Joel Greenblatt in his book “The Little Book That Beats the Market”. Greenblatt’s formula helps seek out stocks that are priced attractively with a high earnings yield, or solid reported profits in comparison to the market value of the company. To spot opportunities in the market, investors may be looking at stocks that have the lowest combined MF Rank.
Investors are always on the look-out for the next great trading opportunity. Spotting the next winner to pad the portfolio may involve diligent work and a touch of market magic. Analyzing the sea of information about public companies can be a scary task. Many sharp investors will approach the equity markets from many different angles. This may include keeping close tabs on fundamental and technical data. Coda Octopus Group, Inc. (OTCPK:CDOC) has a present Value Composite score of 14. This score falls on a scale from 0 to 100 where a lower score would indicate an undervalued company and a higher score would indicate an overvalued company. This ranking was created by James O’Shaughnessy using six different valuation ratios including price to book value, price to sales, EBITDA to EV, price to cash flow, price to earnings, and shareholder yield.
We can now shift the focus to some current ROIC (Return on Invested Capital) data for Coda Octopus Group, Inc. (OTCPK:CDOC). ROIC is a commonly used financial metric that measures how efficient a company is with earning cash flow through invested capital. A typical ROIC calculation divides operating income, adjusted for its tax rate, by total debt plus shareholder equity minus cash. The aim of the ROIC calculation is to show how much new cash is generated from capital investments. After a recent check, Coda Octopus Group, Inc.’s ROIC is 0.562789. The ROIC 5 year average is 1.048801 and the ROIC Quality ratio is at -0.416411.
http://wsbeacon.com/reviewing-the-numbers-for-coda-octopus-group-inc-otcpkcdoc/22233/
Just an observation. 1c
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Recent CODA News
- Coda Octopus Group Reports Sizable Sale of Echoscope PIPE® Sonars to Major Offshore Service Provider. • GlobeNewswire Inc. • 04/23/2024 12:00:00 PM
- Coda Octopus Group Appoints Gwenael Rouy Poirier to its Board of Directors • GlobeNewswire Inc. • 04/15/2024 10:45:00 AM
- Coda Octopus Group Reports that its Echoscope® Technology used as the Primary Survey Tool in the Francis Scott Key Bridge ongoing salvage operations. • GlobeNewswire Inc. • 04/02/2024 11:25:00 AM
- Coda Octopus Group Reports Fiscal First Quarter 2024 Financial Results • GlobeNewswire Inc. • 03/18/2024 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 09:05:34 PM
- Coda Octopus Group, Inc., Sets Fiscal First Quarter 2024 Earnings Conference Call for Monday, March 18, 2024, at 10 a.m. Eastern Time • GlobeNewswire Inc. • 03/08/2024 02:09:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:05:27 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 01/29/2024 11:04:31 AM
- Coda Octopus Group Reports Fiscal 2023 Financial Results • GlobeNewswire Inc. • 01/29/2024 11:00:00 AM
- Coda Octopus Group Sets Fiscal Year 2023 Earnings Conference Call for Monday, January 29, 2024 at 10 a.m. Eastern Time • GlobeNewswire Inc. • 01/18/2024 11:00:00 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/29/2023 05:01:39 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 10/24/2023 05:35:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 08:05:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2023 08:05:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/29/2023 08:05:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/29/2023 08:05:13 PM
- Coda Octopus Group Announces Increase in Scope of Supply Under Key Defense Program, Resulting in Increased Order Value • GlobeNewswire Inc. • 09/18/2023 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 08:05:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/13/2023 01:00:53 PM
- Coda Octopus Group Reports Fiscal Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 09/13/2023 10:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2023 08:05:17 PM
- Coda Octopus Group Announces the Appointment of New Chief Financial Officer, Mr. John Price • GlobeNewswire Inc. • 09/05/2023 08:05:00 PM
- Coda Octopus Group Sets Fiscal Year 2023 Third Quarter Earnings Conference Call for Wednesday, September 13, 2023 at 10 a.m. Eastern Time • GlobeNewswire Inc. • 08/30/2023 10:00:00 AM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/14/2023 08:05:38 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 08/03/2023 08:05:13 PM
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