MetaCap

Coda Octopus Group (CODA) vs Merlin (MRLN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Coda Octopus Group (CODA) has outperformed Merlin (MRLN) over the past year, gaining 13.4% versus a loss of 86.8%. Merlin is the larger company by market cap ($137.5 million vs $115.7 million), about 1.2 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CODA+14.83%MRLN-86.82%
+90%-3%-95%
Oct 7, 20251 yearOct 7, 2026
CODA+14.14%MRLN-85.70%
+68%-13%-93%
Dec 2, 20245 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CODA versus MRLN key metrics
MetricCODAMRLN
Share price$10.25$1.36
Market cap$115.65M$137.45M
1-day change-3.39%-3.55%
YTD return+10.22%-86.85%
1-year return+13.38%-86.82%
5-year return+15.04%—
P/E ratio (TTM)22.78—
Forward P/E23.84—
EPS (TTM)$0.45$-5.85
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$17.28$17.00
52-week low$7.80$1.31
Distance from 52-week high-40.68%-92.00%
Analyst consensusnonestrong_buy
Avg. price target upside+36.59%+530.88%
Average volume90.27K2.19M
Shares outstanding11.28M101.07M
Employees100—
SectorIndustrialsTechnology
IndustryIndustrial Machinery/ComponentsEDP Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • CODA has outperformed MRLN by 100.2 percentage points over the past year.
  • The two companies sit in different sectors: Coda Octopus Group in Industrials and Merlin in Technology.

About Coda Octopus Group

CODA stock →

Coda Octopus Group, Inc., together with its subsidiaries, sells and rentals underwater technologies and equipment for real time 3D imaging, mapping, defense, and survey applications in the United States, Europe, Australia, Asia, the Middle East, and Africa. It operates through three segments: Marine Technology Business, Acoustic Sensors and Materials Business, and Defense Engineering Services Business.

Industrials · Industrial Machinery/Components · 100 employees

About Merlin

MRLN stock →

Merlin, Inc., an aerospace and defense technology company, develops AI-powered autonomous flight software and systems for aircraft in the United States and New Zealand. The company provides an aircraft-agnostic, AI-powered software platform that enables autonomous flight for both legacy and next-generation airborne systems.

Technology · EDP Services

CODA vs MRLN FAQ

Which is bigger, Coda Octopus Group or Merlin?

Merlin (MRLN) is larger, with a market capitalization of $137.45M compared with $115.65M for Coda Octopus Group (CODA).

Which stock has performed better over the past year, CODA or MRLN?

CODA returned +13.38% over the past 12 months, compared with -86.82% for MRLN (price return, excluding dividends). Past performance does not predict future results.

Are Coda Octopus Group and Merlin in the same industry?

No. Coda Octopus Group is in the Industrials sector, while Merlin is in Technology.

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