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Coda Octopus GroupCODA +0.35%87 Earnings Yield (Joel Greenblatt) % is 6.33% as of Apr. 2026, which is 8% below its 10-year median of 6.88. GuruFocus rates CODA with a GF Score™ of 87/100 and a GF Value™ of $10.21 (Fairly Valued). The stock has 1 warning sign investors should review. Among 360 Aerospace & Defense companies, Coda Octopus Group ranks better than 86.67% on this metric.
Coda Octopus Group's Enterprise Value for the quarter that ended in Apr. 2026 was $97.29 Mil.
Coda Octopus Group's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $6.15 Mil. Coda Octopus Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2026 was 6.33%.
The historical rank and industry rank for Coda Octopus Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CODA'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.34 Med: 6.88 Max: 32.1
Current: 7.41
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Coda Octopus Group was 32.10%. The lowest was 1.34%. And the median was 6.88%.
CODA's Earnings Yield (Joel Greenblatt) % is ranked better than 86.67% of 360
companies
in the Aerospace & Defense industry
Industry Median: 2.295
vs CODA: 7.41
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Coda Octopus Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Apr. 2026 was 0.39%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Coda Octopus Group (NAS:CODA) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Coda Octopus Group Earnings Yield (Joel Greenblatt) % Related Terms
Coda Octopus Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Coda Octopus Group's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Coda Octopus Group Earnings Yield (Joel Greenblatt) % Chart
For the Aerospace & Defense subindustry, Coda Octopus Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coda Octopus Group Earnings Yield (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group's Earnings Yield (Joel Greenblatt) % falls into.
Coda Octopus Group Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Coda Octopus Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Oct. 2025 is calculated as
Coda Octopus Group's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.15 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.33% mean?
Coda Octopus Group (CODA) has a Earnings Yield (Joel Greenblatt) % of 6.33% as of Apr. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Coda Octopus Group and its competitors. This is near median its historical median of 6.88. Over the past decade, Coda Octopus Group's Earnings Yield (Joel Greenblatt) % has ranged from 1.34 to 32.10. According to the industry distribution chart, Coda Octopus Group ranks #48 out of 360 companies in the Aerospace & Defense industry, placing it in the top 13.3%.
Is Coda Octopus Group's Earnings Yield (Joel Greenblatt) % too high?
Coda Octopus Group's current Earnings Yield (Joel Greenblatt) % of 6.33% is near median its 10-year median of 6.88. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 32.10. The Aerospace & Defense industry median Earnings Yield (Joel Greenblatt) % is 2.30. Coda Octopus Group's value of 6.33% is 175.8% above this industry median. Based on the distribution chart, Coda Octopus Group ranks #48 out of 360 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Coda Octopus Group has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's Earnings Yield (Joel Greenblatt) % compare to HOVR and MNTS?
According to the Aerospace & Defense industry distribution chart, Coda Octopus Group ranks #48 out of 360 companies for Earnings Yield (Joel Greenblatt) %. This places Coda Octopus Group in the top 13% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 2.30. Coda Octopus Group's value of 6.33% is 175.8% above this benchmark. Historically, Coda Octopus Group's own Earnings Yield (Joel Greenblatt) % has ranged from 1.34 to 32.10 over the past decade. While the company's 10-year median is 6.88 vs. the industry median of 2.30, Coda Octopus Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Aerospace & Defense company?
The median Earnings Yield (Joel Greenblatt) % among Aerospace & Defense companies is 2.30, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coda Octopus Group's current Earnings Yield (Joel Greenblatt) % of 6.33% is 175.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Coda Octopus Group and its competitors. For the Aerospace & Defense industry, the median Earnings Yield (Joel Greenblatt) % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current Earnings Yield (Joel Greenblatt) % is 6.33%, which is near median its own 10-year median of 6.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coda Octopus Group stock overvalued right now?
Based on GuruFocus' analysis, Coda Octopus Group (CODA) is currently considered Fairly Valued. The stock's GF Value™ is $10.21, compared to a current price of $10.03 — trading 1.8% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.33%, which is near median its 10-year median of 6.88 and 175.8% above the Aerospace & Defense industry median of 2.30. Coda Octopus Group's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Coda Octopus Group (CODA), the current Earnings Yield (Joel Greenblatt) % is 6.33% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coda Octopus Group (CODA) Overvalued in 2026?
Based on GuruFocus' analysis, Coda Octopus Group stock appears to be undervalued.
The current stock price of $10.03 is trading 1.8% below its estimated GF Value™ of $10.21.
GuruFocus considers Coda Octopus Group to be Fairly Valued.
Key valuation signals for CODA:
Earnings Yield (Joel Greenblatt) %: 6.33% (near median its 10-year median of 6.88)
GF Value™: $10.21 vs. price of $10.03 (1.8% below fair value)
Industry Position: 175.8% above the Aerospace & Defense median (#48 of 360)
No single metric tells the full story. See the CODA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. The company operates in three distinct business segments: the Marine Technology business, Acoustic Sensors and Material Business and the Defense Engineering Services Business. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Products segment.
87GF Score
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