Investors Could Be Concerned With Coda Octopus Group's (NASDAQ:CODA) Returns On Capital [Yahoo! Finance]
Coda Octopus Group, Inc. - Common stock (CODA)
US:NASDAQ Investor Relations:
codaoctopusgroup.com
Company Research
Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. In light of that, when we looked at Coda Octopus Group NASDAQ:CODA ) and its ROCE trend, we weren't exactly thrilled. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Coda Octopus Group: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.056 = US$3.0m ÷ (US$56m - US$3.0m) (Based on the trailing twelve months to July 2024) Therefore, Coda Octopus Group has an ROCE of 5.6%. In absolute terms, that's a low return and it also under-performs the Electronic industry average of 10.0%. View o
Show less
Read more
Impact Snapshot
Event Time:
CODA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CODA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CODA alerts
High impacting Coda Octopus Group, Inc. - Common stock news events
Weekly update
A roundup of the hottest topics
CODA
News
- With 45% ownership, Coda Octopus Group, Inc. (NASDAQ:CODA) insiders have a lot at stake [Yahoo! Finance]Yahoo! Finance
- Coda Octopus Group Announces that it has recently received an order for fifteen of its new generation F280® GNSS Aided Inertial Navigation Systems (“GNSS Aided INS”) for Contract Value of $576,000GlobeNewswire
- Coda Octopus Group, Inc. (NASDAQ: CODA) had its price target raised by analysts at Alliance Global Partners from $9.00 to $11.00. They now have a "buy" rating on the stock.MarketBeat
- Coda Octopus Group Announces Acquisition of Precision Acoustics LimitedGlobeNewswire
- Offshore AUV & ROV Market Analysis and Forecast Report, 2018-2030 - CAGR of 10.18% Projected for 2025-2030 - Growth Driven by Renewable Energy Opportunities in Offshore Wind Farm Maintenance and Inspection [Yahoo! Finance]Yahoo! Finance
CODA
Sec Filings
- 11/15/24 - Form 8-K
- 11/12/24 - Form SC
- 9/26/24 - Form SC
- CODA's page on the SEC website