Is Coda Octopus Group, Inc. overvalued or undervalued?

As of 16 June 2025, the valuation grade for Coda Octopus Group, Inc. has moved from very attractive to fair. This indicates that the company is currently fairly valued. The P/E ratio stands at 19, while the EV to EBITDA ratio is 11.08, and the ROE is 7.40%. These figures suggest a moderate valuation relative to its earnings and operational efficiency.
In comparison to peers, Coda Octopus Group's P/E ratio of 19 is lower than that of TAT Technologies Ltd., which has a P/E of 25.25, indicating that Coda may be undervalued relative to this competitor. However, it is also worth noting that Innovative Solutions & Support, Inc. has a higher P/E of 22.95, suggesting that Coda is not the most attractive option in its sector. Overall, given the current ratios and peer comparisons, Coda Octopus Group appears to be fairly valued in the market. The company's recent stock performance has outpaced the S&P 500, with a 1-year return of 29.62% compared to the index's 10.26%, reinforcing its competitive position.