CODA (Coda Octopus Group) ROCE %: 11.85% (As of Apr. 2026)

What is Coda Octopus Group ROCE %?

Coda Octopus Group CODA +2.23% 89 ROCE % is 11.85% as of Apr. 2026. GuruFocus rates CODA with a GF Score™ of 89/100 and a GF Value™ of $10.11 (Fairly Valued). The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Coda Octopus Group's annualized ROCE % for the quarter that ended in Apr. 2026 was 11.85%.

Coda Octopus Group (NAS:CODA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Coda Octopus Group ROCE % Related Terms

Coda Octopus Group ROCE % Historical Data

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The historical data trend for Coda Octopus Group's ROCE % 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 ROCE % Chart

Coda Octopus Group Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

ROCE %

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13.90

12.15

6.04

7.19

8.92

Coda Octopus Group Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
ROCE %	Get a 7-Day Free Trial															8.12	10.85	12.13	6.78	11.85

89GF Score

Coda Octopus Group Inc CODA

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Coda Octopus Group ROCE % Calculation

Coda Octopus Group's annualized ROCE % for the fiscal year that ended in Oct. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2025 )		(A: Oct. 2024 )		(A: Oct. 2025 )
	=	5.017	/	( ( (57.545 - 3.897)	+	(64.494 - 5.641) )	/ 2 )
	=	5.017	/	( (53.648	+	58.853)	/ 2 )
	=	5.017	/	56.2505
	=	8.92 %

Coda Octopus Group's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2026 )		(Q: Jan. 2026 )		(Q: Apr. 2026 )
	=	7.292	/	( ( (65.622 - 4.693)	+	(67.339 - 5.215) )	/ 2 )
	=	7.292	/	( ( 60.929	+	62.124 )	/ 2 )
	=	7.292	/	61.5265
	=	11.85 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 11.85% mean?

Coda Octopus Group (CODA) has a ROCE % of 11.85% as of Apr. 2026.

Is Coda Octopus Group's ROCE % too high?

Coda Octopus Group's current ROCE % is 11.85%. The Aerospace & Defense industry median ROCE % is 6.29. Coda Octopus Group's value of 11.85% is 88.4% above this industry median. 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 ROCE % compare to BYRN and SPAI?

Coda Octopus Group's ROCE % of 11.85% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. Coda Octopus Group's value of 11.85% is 88.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Aerospace & Defense company?

The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coda Octopus Group's current ROCE % of 11.85% is 88.4% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coda Octopus Group's current ROCE % is 11.85%. 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 $10.11, compared to a current price of $9.61 — trading 4.9% below its estimated fair value. The current ROCE % is 11.85% and 88.4% above the Aerospace & Defense industry median of 6.29. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Coda Octopus Group (CODA), the current ROCE % is 11.85% 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 $9.61 is trading 4.9% below its estimated GF Value™ of $10.11. GuruFocus considers Coda Octopus Group to be Fairly Valued.

Key valuation signals for CODA:

ROCE %: 11.85%
GF Value™: $10.11 vs. price of $9.61 (4.9% below fair value)
GF Score™: 89/100 with 1 warning sign
Industry Position: 88.4% above the Aerospace & Defense median

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 Business Description

Industry Industrials Aerospace & Defense

Comparable Companies BYRN SPAI SIF VWAV HOVR MNTS GPUS HLEO MOB PEW GE RTX BA XPAR:AIR LSE:RR.XPAR:SAF LMT HWM GD RKLB

Address 3300 S Hiawassee Road, Suite 104-105, Orlando, FL, USA, 32835

Website https://www.codaoctopusgroup.com

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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$9.61

Price

$10.11

GF Value

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