Coda Octopus Group (CODA) vs Ultralife (ULBI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Coda Octopus Group (CODA) has outperformed Ultralife (ULBI) over the past year, gaining 13.4% versus a loss of 9.2%. Over five years, CODA leads with a +15.0% price change compared with -12.5% for ULBI. Coda Octopus Group is the larger company by market cap ($115.7 million vs $103.5 million), about 1.1 times the size.
On valuation, Ultralife trades at a lower forward P/E (6.9x vs 23.8x for Coda Octopus Group).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CODA | ULBI |
|---|---|---|
| Share price | $10.25 | $6.21 |
| Market cap | $115.65M | $103.48M |
| 1-day change | -3.39% | -2.36% |
| YTD return | +10.22% | +8.57% |
| 1-year return | +13.38% | -9.21% |
| 5-year return | +15.04% | -12.54% |
| P/E ratio (TTM) | 22.78 | — |
| Forward P/E | 23.84 | 6.90 |
| EPS (TTM) | $0.45 | $-0.38 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $17.28 | $8.25 |
| 52-week low | $7.80 | $4.90 |
| Distance from 52-week high | -40.68% | -24.73% |
| Analyst consensus | none | — |
| Avg. price target upside | +36.59% | — |
| Average volume | 89.80K | 40.51K |
| Shares outstanding | 11.28M | 16.66M |
| Employees | 100 | 678 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Electrical Equipment & Parts |
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 ULBI by 22.6 percentage points over the past year.
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 Ultralife
ULBI stock →Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems.
Industrials · Electrical Equipment & Parts · 678 employees
CODA vs ULBI FAQ
Which is bigger, Coda Octopus Group or Ultralife?
Coda Octopus Group (CODA) is larger, with a market capitalization of $115.65M compared with $103.48M for Ultralife (ULBI).
Which stock has performed better over the past year, CODA or ULBI?
CODA returned +13.38% over the past 12 months, compared with -9.21% for ULBI (price return, excluding dividends). Past performance does not predict future results.
Are Coda Octopus Group and Ultralife in the same industry?
Both are in the Industrials sector, but in different industries: Industrial Machinery/Components for Coda Octopus Group and Electrical Equipment & Parts for Ultralife.