Coda Octopus GroupCODA +1.37%89 Gross Margin % is 66.31% as of Apr. 2026, which is 1% below its 10-year median of 66.92. GuruFocus rates CODA with a GF Score™ of 89/100 and a GF Value™ of $10.12 (Fairly Valued). The stock has 1 warning sign investors should review. Among 342 Aerospace & Defense companies, Coda Octopus Group ranks better than 92.69% on this metric.
The historical rank and industry rank for Coda Octopus Group's Gross Margin % or its related term are showing as below:
CODA'
s Gross Margin % Range Over the Past 10 Years
Min: 59.92 Med: 66.92 Max: 70.27
Current: 66.84
During the past 13 years, the highestGross Margin % of Coda Octopus Group was 70.27%. The lowest was 59.92%. And the median was 66.92%.
CODA's Gross Margin % is ranked better than 92.69% of 342
companies
in the Aerospace & Defense industry
Industry Median: 26.65
vs CODA: 66.84
Coda Octopus Group had a gross margin of 66.31% for the quarter that ended in Apr. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Coda Octopus Group was 0.70% per year.
Coda Octopus Group (NAS:CODA) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Coda Octopus Group had a gross margin of 66.31% for the quarter that ended in Apr. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Coda Octopus Group Gross Margin % Related Terms
Coda Octopus Group Gross Margin % Historical Data
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The historical data trend for Coda Octopus Group's Gross Margin % 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 vs BYRN, SPAI, SIF: Gross Margin % Comparison
For the Aerospace & Defense subindustry, Coda Octopus Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Coda Octopus Group (CODA) has a Gross Margin % of 66.31% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Coda Octopus Group and its competitors. This is near median its historical median of 66.92. Over the past decade, Coda Octopus Group's Gross Margin % has ranged from 59.92 to 70.27. According to the industry distribution chart, Coda Octopus Group ranks #25 out of 342 companies in the Aerospace & Defense industry, placing it in the top 7.3%.
Is Coda Octopus Group's Gross Margin % too high?
Coda Octopus Group's current Gross Margin % of 66.31% is near median its 10-year median of 66.92. Over the past 10 years, this metric has ranged from a low of 59.92 to a high of 70.27. The Aerospace & Defense industry median Gross Margin % is 26.65. Coda Octopus Group's value of 66.31% is 148.8% above this industry median. Based on the distribution chart, Coda Octopus Group ranks #25 out of 342 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 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coda Octopus Group's Gross Margin % compare to BYRN and SPAI?
According to the Aerospace & Defense industry distribution chart, Coda Octopus Group ranks #25 out of 342 companies for Gross Margin %. This places Coda Octopus Group in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.65. Coda Octopus Group's value of 66.31% is 148.8% above this benchmark. Historically, Coda Octopus Group's own Gross Margin % has ranged from 59.92 to 70.27 over the past decade. While the company's 10-year median is 66.92 vs. the industry median of 26.65, 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 Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coda Octopus Group's current Gross Margin % of 66.31% is 148.8% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Coda Octopus Group and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current Gross Margin % is 66.31%, which is near median its own 10-year median of 66.92. 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 $10.12, compared to a current price of $9.58 — trading 5.3% below its estimated fair value. The current Gross Margin % is 66.31%, which is near median its 10-year median of 66.92 and 148.8% above the Aerospace & Defense industry median of 26.65. Coda Octopus Group's overall GF Score™ is 89/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Coda Octopus Group (CODA), the current Gross Margin % is 66.31% 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 $9.58 is trading 5.3% below its estimated GF Value™ of $10.12.
GuruFocus considers Coda Octopus Group to be Fairly Valued.
Key valuation signals for CODA:
Gross Margin %: 66.31% (near median its 10-year median of 66.92)
GF Value™: $10.12 vs. price of $9.58 (5.3% below fair value)
Industry Position: 148.8% above the Aerospace & Defense median (#25 of 342)
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.
89GF Score
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