Coda Octopus Group Inc. (CODA) vs Vertical Aerospace Ltd. (EVTL)

Coda Octopus Group Inc. and Vertical Aerospace Ltd. are both Aerospace & Defense companies. Coda Octopus Group Inc. is the larger, with a market value of $90.7M against $66.7M — 1.4× the size. Vertical Aerospace Ltd. trades at the lower P/E: 0.9× against 18.5×. Coda Octopus Group Inc. has the higher net margin (17.6% vs 0.00%) and the higher return on invested capital (11.6% vs 0.00%). Across the 16 metrics below, Coda Octopus Group Inc. leads on 10 and Vertical Aerospace Ltd. on 6.

Valuation

Metric CODA EVTL Aerospace & Defense median
P/E 18.55 0.91 28.48
P/S 3.22 n/m 2.95
P/B 1.47 n/m 2.68
Price to free cash flow 16.19 n/m 31.70
EV/EBITDA 8.50 0.06 16.85
EV/Sales 2.12 n/m 2.74
Earnings yield 5.39% 109.36% 0.89%
Free cash flow yield 6.18% (363.74%) 0.00%

Profitability

Metric CODA EVTL Aerospace & Defense median
Gross margin 66.11% 0.00% 26.41%
Operating margin 20.08% 0.00% 3.69%
Net margin 17.63% 0.00% 2.74%
Free cash flow margin 19.88% 0.00% 0.00%
Return on equity 8.41% (19.55%) 4.44%
Return on assets 7.71% 21.87% 1.90%
Return on invested capital 11.57% 0.00% 0.26%

Growth

Metric CODA EVTL Aerospace & Defense median
Revenue growth (TTM) 17.48% — 18.03%
EPS growth (last fiscal year) 15.62% 105.08% 24.80%
Revenue growth, 5-year CAGR 5.79% — 9.73%
Net income growth, 5-year CAGR 4.31% 0.00% 0.00%

Health

Metric CODA EVTL Aerospace & Defense median
Debt to equity 0.00 (0.06) 0.20
Current ratio 10.06 0.71 2.85
Net debt to EBITDA (4.84) 0.54 1.29

Dividend

Metric CODA EVTL Aerospace & Defense median
Dividend yield — — 0.91%
Payout ratio — — 0.30

Size

Metric CODA EVTL Aerospace & Defense median
Market cap 90.72m 66.66m 1.78b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack