Analyzing Coda Octopus Group (NASDAQ:CODA) & SkyWater Technology (NASDAQ:SKYT)

Coda Octopus Group (NASDAQ:CODAGet Free Report) and SkyWater Technology (NASDAQ:SKYTGet Free Report) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, risk, earnings, valuation and analyst recommendations.

Earnings and Valuation

This table compares Coda Octopus Group and SkyWater Technology”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Coda Octopus Group $26.56 million 6.11 $4.13 million $0.36 40.00
SkyWater Technology $442.14 million 3.17 $118.92 million $2.43 11.90

SkyWater Technology has higher revenue and earnings than Coda Octopus Group. SkyWater Technology is trading at a lower price-to-earnings ratio than Coda Octopus Group, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

20.1% of Coda Octopus Group shares are held by institutional investors. Comparatively, 70.0% of SkyWater Technology shares are held by institutional investors. 21.8% of Coda Octopus Group shares are held by insiders. Comparatively, 37.9% of SkyWater Technology shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Risk and Volatility

Coda Octopus Group has a beta of 0.51, indicating that its share price is 49% less volatile than the S&P 500. Comparatively, SkyWater Technology has a beta of 3.52, indicating that its share price is 252% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations for Coda Octopus Group and SkyWater Technology, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coda Octopus Group 0 1 1 0 2.50
SkyWater Technology 2 5 1 0 1.88

SkyWater Technology has a consensus price target of $32.00, indicating a potential upside of 10.65%. Given SkyWater Technology’s higher probable upside, analysts plainly believe SkyWater Technology is more favorable than Coda Octopus Group.

Profitability

This table compares Coda Octopus Group and SkyWater Technology’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Coda Octopus Group 15.55% 7.36% 6.77%
SkyWater Technology 26.90% -8.42% -1.81%

Summary

SkyWater Technology beats Coda Octopus Group on 8 of the 13 factors compared between the two stocks.

About Coda Octopus Group

(Get Free Report)

Coda Octopus Group, Inc., together with its subsidiaries, develops, sells, and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company operates through two segments, Marine Engineering Business and Marine Technology Business. The company's solutions include geophysical systems; GNSS-aided navigation systems (attitude and positioning systems); real time volumetric imaging sonar products; and diver augmented vision display systems. It also offers GeoSurvey, a software and hardware package for acquisition and processing of sidescan sonar and sub-bottom profiler data in oil and gas companies; DA4G, a geophysical hardware; and Survey Engine, a software product that provides post-processing solutions for sidescan sonar and sub-bottom profiler data. In addition, the company offers 3D/4D/5D/6D imaging sonar technology under the Echoscope and Echoscope PIPE name; diving technology under the CodaOctopus DAVD; and operates as a sub-contractor for defense contractors, as well as supplies sub-assemblies for broader mission critical defense systems. It markets and sells its technology solutions for the subsea and underwater markets. Coda Octopus Group, Inc. was founded in 1994 and is headquartered in Orlando, Florida.

About SkyWater Technology

(Get Free Report)

SkyWater Technology, Inc., together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits. It serves customers operating in the computation, aerospace and defense, automotive, bio-health, consumer, and industrial sectors. The company was incorporated in 2016 and is headquartered in Bloomington, Minnesota.

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