TGM's two-stage DCF values Coda Octopus Group, Inc. (CODA) between $8.20 and $13.56 depending on assumptions, with a base case of $10.27. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth), fading to 2.5% long-run; the discount rate (7.5%) reflects its beta.
What would today's price require?
$10.82 is justified only if free cash flow grows about +5.8% a year (fading to 2.5% long-run) at a 7.5% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 1.2%/yr | 8.5% | $8.20 |
| Base case | 4.2%/yr | 7.5% | $10.27 |
| Optimistic | 7.2%/yr | 6.5% | $13.56 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $8.51 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$10.82
Market-Implied Growth
+5.8%/yr
vs +1.9% 5Y actual
Model Scenario Range
$8.20 – $13.56
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for CODA (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $4.0M · 0.01B shares · net cash $28.7M
Estimated Fair Value
$10.27
-5.2% vs $10.82
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 4.2%/yr FCF growth and 10-year horizon fixed. Green = above today's $10.82; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $12.56 | $13.80 | $15.46 | $17.78 | $21.26 |
| 6.5% | $10.53 | $11.28 | $12.21 | $13.41 | $15.01 |
| 7.5% | $9.18 | $9.68 | $10.27 | $10.99 | $11.89 |
| 8.5% | $8.22 | $8.57 | $8.97 | $9.44 | $10.01 |
| 9.5% | $7.50 | $7.75 | $8.04 | $8.37 | $8.76 |
