CODA vs DFNS

Coda Octopus Group, Inc. vs T3 Defense Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — CODA scores higher on quality with 9.2/10 vs DFNS's 4.0/10. CODA trades at $12.93 while DFNS trades at $0.33. Both analyzed daily using SEC EDGAR data across 13 institutional models.

CODA

Aerospace & Defense
Coda Octopus Group, Inc.
Quality
9.2
out of 10
Value Trap
6
SAFE
Price
$12.93
Last close
Models
12/13
Active
VS

DFNS

Aerospace & Defense
T3 Defense Inc.
Quality
4.0
out of 10
Value Trap
30
LOW
Price
$0.33
Last close
Models
2/13
Active
CODA
Quality Score 9.2/10 — top tier
Limited to 2/13 visible models
DFNS
PWERM sees +175.4% upside
Quality 4.0/10 — below average

CODA vs DFNS — Fair Value Comparison

CODA
$0$5$10$15 Price$12.93 Bayesian …$6.72 (-48.0%) Earnings …$4.44 (-65.7%)
DFNS
$0$0$1$1 Price$0.33 EROIC Spr…$0.42 (-10.5%) PWERM$1.02 (+175.4%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType CODA Fair ValueCODA Upside DFNS Fair ValueDFNS Upside
Bayesian DCF Intrinsic $6.72 -48.0% — —
Earnings Power Value Intrinsic $4.44 -65.7% — —
EROIC Spread Intrinsic $5.51 -57.4% $0.42 -10.5%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $12.72 -1.6% $1.02 +175.4%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

CODA vs DFNS — Which Stock Is More Undervalued in 2026?

CODA scores higher with a 9.2/10 quality rating vs DFNS's 4.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do CODA and DFNS Valuations Compare?

CODA currently trades at $12.93 while DFNS trades at $0.33. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily for both companies.

Quality of Company: CODA vs DFNS

CODA earns a Quality of Company score of 9.2/10 compared to DFNS's 4.0/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: CODA vs DFNS

CODA carries a SAFE value trap risk (6/100) while DFNS shows LOW risk (30/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Aerospace & Defense

Both CODA and DFNS operate in Aerospace & Defense, which has 77 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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CODA
View Full Coda Octopus Group, Inc. Analysis →
DFNS
View Full T3 Defense Inc. Analysis →
See all Aerospace & Defense stocks →