Is Coda Octopus Group, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Coda Octopus Group, Inc. has moved from attractive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 19, an EV to EBITDA of 11.08, and a PEG ratio of 0.28, indicating a potentially undervalued growth opportunity.
When compared to peers, Coda Octopus Group's P/E ratio of 26.29 is lower than TAT Technologies Ltd. at 33.36, but higher than Innovative Solutions & Support, Inc. at 19.21. The EV to EBITDA ratio of 14.61 for Coda is also more favorable than Park Aerospace Corp. at 27.82, suggesting a more attractive valuation relative to its earnings potential. Despite a recent underperformance over the long term, with a 10-year return of 60.17% compared to the S&P 500's 227.77%, the company has outperformed the index in the short term, with a year-to-date return of 21.71% against the S&P 500's 13.30%.