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Stock Comparison

SMTK vs CODA vs MVIS vs CBAT

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
SMTK
SmartKem, Inc.

Semiconductors

TechnologyNASDAQ • GB
Market Cap$2M
5Y Perf.-99.7%
CODA
Coda Octopus Group, Inc.

Aerospace & Defense

IndustrialsNASDAQ • US
Market Cap$134M
5Y Perf.+101.0%
MVIS
MicroVision, Inc.

Hardware, Equipment & Parts

TechnologyNASDAQ • US
Market Cap$189M
5Y Perf.-84.6%
CBAT
CBAK Energy Technology, Inc.

Electrical Equipment & Parts

IndustrialsNASDAQ • CN
Market Cap$70M
5Y Perf.-39.1%

SMTK vs CODA vs MVIS vs CBAT — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
SMTK logoSMTK
CODA logoCODA
MVIS logoMVIS
CBAT logoCBAT
IndustrySemiconductorsAerospace & DefenseHardware, Equipment & PartsElectrical Equipment & Parts
Market Cap$2M$134M$189M$70M
Revenue (TTM)$178K$28M$1M$162M
Net Income (TTM)$-11M$4M$-95M$-7M
Gross Margin-62.4%66.3%-14.4%10.8%
Operating Margin-58.2%17.4%-57.4%-10.5%
Forward P/E22.5x6.0x
Total Debt$72K$395K$37M$30M
Cash & Equiv.$7M$29M$32M$7M

SMTK vs CODA vs MVIS vs CBATLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

SMTK
CODA
MVIS
CBAT
StockFeb 22May 26Return
SmartKem, Inc. (SMTK)1000.3-99.7%
Coda Octopus Group,… (CODA)100201.0+101.0%
MicroVision, Inc. (MVIS)10015.4-84.6%
CBAK Energy Technol… (CBAT)10060.9-39.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: SMTK vs CODA vs MVIS vs CBAT

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: CODA leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. SmartKem, Inc. is the stronger pick specifically for growth and revenue expansion. CBAT also leads in specific categories worth noting. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
SMTK
SmartKem, Inc.
The Growth Play

SMTK is the #2 pick in this set and the best alternative if growth exposure is your priority.

  • Rev growth 203.7%, EPS growth 49.8%, 3Y rev CAGR 65.8%
  • 203.7% revenue growth vs MVIS's -74.3%
Best for: growth exposure
CODA
Coda Octopus Group, Inc.
The Long-Run Compounder

CODA carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.

  • 8.4% 10Y total return vs MVIS's -66.2%
  • Lower volatility, beta 1.00, Low D/E 0.7%, current ratio 8.86x
  • Beta 1.00, current ratio 8.86x
  • 14.8% margin vs MVIS's -78.6%
Best for: long-term compounding and sleep-well-at-night
MVIS
MicroVision, Inc.
The Secondary Option

MVIS lags the leaders in this set but could rank higher in a more targeted comparison.

Best for: technology exposure
CBAT
CBAK Energy Technology, Inc.
The Income Pick

CBAT is the clearest fit if your priority is income & stability.

  • Dividend streak 1 yrs, beta 1.05
  • Better valuation composite
Best for: income & stability
See the full category breakdown
CategoryWinnerWhy
GrowthSMTK logoSMTK203.7% revenue growth vs MVIS's -74.3%
ValueCBAT logoCBATBetter valuation composite
Quality / MarginsCODA logoCODA14.8% margin vs MVIS's -78.6%
Stability / SafetyCODA logoCODABeta 1.00 vs MVIS's 2.61, lower leverage
DividendsTieNone of these 4 stocks pay a meaningful dividend
Momentum (1Y)CODA logoCODA+78.9% vs SMTK's -85.0%
Efficiency (ROA)CODA logoCODA6.6% ROA vs SMTK's -343.2%

SMTK vs CODA vs MVIS vs CBAT — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

SMTKSmartKem, Inc.

Segment breakdown not available.

CODACoda Octopus Group, Inc.
FY 2025
Equipment Sales
71.3%$14M
Service
17.3%$4M
Equipment Rentals
7.3%$1M
Software Sales
4.0%$811,912
MVISMicroVision, Inc.
FY 2025
Product Revenue
50.5%$610,000
License and Royalty Revenue
45.5%$550,000
Contract Revenue
4.0%$48,000
CBATCBAK Energy Technology, Inc.
FY 2021
TotalHighPowerLithiumBatteriesUsedMember
39.8%$35M
UninterruptableSuppliesMember
38.1%$33M
PrecursorMember
10.4%$9M
CathodeMember
10.0%$9M
LightElectricVehiclesMember
0.8%$733,382
TradingOfRawMaterialsUsedInLithiumBatteriesMember
0.6%$519,796
ElectricVehiclesMember
0.3%$243,837

SMTK vs CODA vs MVIS vs CBAT — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLCODALAGGINGMVIS

Income & Cash Flow (Last 12 Months)

CODA leads this category, winning 4 of 6 comparable metrics.

CBAT is the larger business by revenue, generating $162M annually — 908.8x SMTK's $178,000. CODA is the more profitable business, keeping 14.8% of every revenue dollar as net income compared to MVIS's -78.6%. On growth, CBAT holds the edge at +36.5% YoY revenue growth, suggesting stronger near-term business momentum.

MetricSMTK logoSMTKSmartKem, Inc.CODA logoCODACoda Octopus Grou…MVIS logoMVISMicroVision, Inc.CBAT logoCBATCBAK Energy Techn…
RevenueTrailing 12 months$178,000$28M$1M$162M
EBITDAEarnings before interest/tax-$10M$6M-$64M-$8M
Net IncomeAfter-tax profit-$11M$4M-$95M-$7M
Free Cash FlowCash after capex-$7M$7M-$59M-$8M
Gross MarginGross profit ÷ Revenue-62.4%+66.3%-14.4%+10.8%
Operating MarginEBIT ÷ Revenue-58.2%+17.4%-57.4%-10.5%
Net MarginNet income ÷ Revenue-62.6%+14.8%-78.6%-4.0%
FCF MarginFCF ÷ Revenue-42.1%+24.6%-49.2%-5.1%
Rev. Growth (YoY)Latest quarter vs prior year+28.8%-86.5%+36.5%
EPS Growth (YoY)Latest quarter vs prior year+47.7%+3.0%+14.3%
CODA leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

CBAT leads this category, winning 3 of 5 comparable metrics.

At 6.0x trailing earnings, CBAT trades at a 81% valuation discount to CODA's 32.2x P/E. On an enterprise value basis, CBAT's 5.2x EV/EBITDA is more attractive than CODA's 17.9x.

MetricSMTK logoSMTKSmartKem, Inc.CODA logoCODACoda Octopus Grou…MVIS logoMVISMicroVision, Inc.CBAT logoCBATCBAK Energy Techn…
Market CapShares × price$2M$134M$189M$70M
Enterprise ValueMkt cap + debt − cash-$5M$106M$193M$94M
Trailing P/EPrice ÷ TTM EPS-0.10x32.16x-1.76x6.04x
Forward P/EPrice ÷ next-FY EPS est.22.45x
PEG RatioP/E ÷ EPS growth rate7.51x
EV / EBITDAEnterprise value multiple17.85x5.22x
Price / SalesMarket cap ÷ Revenue22.49x5.05x156.30x0.40x
Price / BookPrice ÷ Book value/share0.16x2.30x3.03x0.59x
Price / FCFMarket cap ÷ FCF22.20x3.13x
CBAT leads this category, winning 3 of 5 comparable metrics.

Profitability & Efficiency

CODA leads this category, winning 7 of 9 comparable metrics.

CODA delivers a 7.2% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $-141 for SMTK. CODA carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to MVIS's 0.66x. On the Piotroski fundamental quality scale (0–9), CODA scores 7/9 vs MVIS's 3/9, reflecting strong financial health.

MetricSMTK logoSMTKSmartKem, Inc.CODA logoCODACoda Octopus Grou…MVIS logoMVISMicroVision, Inc.CBAT logoCBATCBAK Energy Techn…
ROE (TTM)Return on equity-140.5%+7.2%-137.4%-5.5%
ROA (TTM)Return on assets-3.4%+6.6%-74.3%-2.0%
ROICReturn on invested capital+11.2%-98.3%+4.6%
ROCEReturn on capital employed-129.8%+8.1%-93.6%+7.0%
Piotroski ScoreFundamental quality 0–94737
Debt / EquityFinancial leverage0.01x0.01x0.66x0.25x
Net DebtTotal debt minus cash-$7M-$28M$4M$23M
Cash & Equiv.Liquid assets$7M$29M$32M$7M
Total DebtShort + long-term debt$72,000$394,932$37M$30M
Interest CoverageEBIT ÷ Interest expense-13274.00x-3.54x-24.86x
CODA leads this category, winning 7 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

CODA leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in CODA five years ago would be worth $14,969 today (with dividends reinvested), compared to $38 for SMTK. Over the past 12 months, CODA leads with a +78.9% total return vs SMTK's -85.0%. The 3-year compound annual growth rate (CAGR) favors CODA at 10.4% vs SMTK's -60.3% — a key indicator of consistent wealth creation.

MetricSMTK logoSMTKSmartKem, Inc.CODA logoCODACoda Octopus Grou…MVIS logoMVISMicroVision, Inc.CBAT logoCBATCBAK Energy Techn…
YTD ReturnYear-to-date-72.4%+25.1%-30.8%-8.7%
1-Year ReturnPast 12 months-85.0%+78.9%-45.5%-6.9%
3-Year ReturnCumulative with dividends-93.7%+34.5%-73.6%+2.0%
5-Year ReturnCumulative with dividends-99.6%+49.7%-95.6%-81.0%
10-Year ReturnCumulative with dividends-99.6%+844.4%-66.2%-69.9%
CAGR (3Y)Annualised 3-year return-60.3%+10.4%-35.8%+0.7%
CODA leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

CODA leads this category, winning 2 of 2 comparable metrics.

CODA is the less volatile stock with a 1.00 beta — it tends to amplify market swings less than MVIS's 2.61 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CODA currently trades 68.9% from its 52-week high vs SMTK's 8.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricSMTK logoSMTKSmartKem, Inc.CODA logoCODACoda Octopus Grou…MVIS logoMVISMicroVision, Inc.CBAT logoCBATCBAK Energy Techn…
Beta (5Y)Sensitivity to S&P 5001.84x1.00x2.61x1.05x
52-Week HighHighest price in past year$3.80$17.28$1.73$1.25
52-Week LowLowest price in past year$0.15$5.98$0.51$0.77
% of 52W HighCurrent price vs 52-week peak+8.7%+68.9%+35.6%+62.8%
RSI (14)Momentum oscillator 0–10062.048.650.339.6
Avg Volume (50D)Average daily shares traded682K256K5.3M111K
CODA leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

CBAT leads this category, winning 1 of 1 comparable metric.

Analyst consensus: CODA as "Buy", MVIS as "Buy". Consensus price targets imply 711.7% upside for MVIS (target: $5) vs 17.6% for CODA (target: $14).

MetricSMTK logoSMTKSmartKem, Inc.CODA logoCODACoda Octopus Grou…MVIS logoMVISMicroVision, Inc.CBAT logoCBATCBAK Energy Techn…
Analyst RatingConsensus buy/hold/sellBuyBuy
Price TargetConsensus 12-month target$14.00$5.00
# AnalystsCovering analysts17
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises001
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%0.0%
CBAT leads this category, winning 1 of 1 comparable metric.
Key Takeaway

CODA leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CBAT leads in 2 (Valuation Metrics, Analyst Outlook).

Best OverallCoda Octopus Group, Inc. (CODA)Leads 4 of 6 categories
Loading custom metrics...

SMTK vs CODA vs MVIS vs CBAT: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is SMTK or CODA or MVIS or CBAT a better buy right now?

For growth investors, SmartKem, Inc.

(SMTK) is the stronger pick with 203. 7% revenue growth year-over-year, versus -74. 3% for MicroVision, Inc. (MVIS). CBAK Energy Technology, Inc. (CBAT) offers the better valuation at 6. 0x trailing P/E, making it the more compelling value choice. Analysts rate Coda Octopus Group, Inc. (CODA) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — SMTK or CODA or MVIS or CBAT?

On trailing P/E, CBAK Energy Technology, Inc.

(CBAT) is the cheapest at 6. 0x versus Coda Octopus Group, Inc. at 32. 2x.

03

Which is the better long-term investment — SMTK or CODA or MVIS or CBAT?

Over the past 5 years, Coda Octopus Group, Inc.

(CODA) delivered a total return of +49. 7%, compared to -99. 6% for SmartKem, Inc. (SMTK). Over 10 years, the gap is even starker: CODA returned +844. 4% versus SMTK's -99. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — SMTK or CODA or MVIS or CBAT?

By beta (market sensitivity over 5 years), Coda Octopus Group, Inc.

(CODA) is the lower-risk stock at 1. 00β versus MicroVision, Inc. 's 2. 61β — meaning MVIS is approximately 160% more volatile than CODA relative to the S&P 500. On balance sheet safety, Coda Octopus Group, Inc. (CODA) carries a lower debt/equity ratio of 1% versus 66% for MicroVision, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — SMTK or CODA or MVIS or CBAT?

By revenue growth (latest reported year), SmartKem, Inc.

(SMTK) is pulling ahead at 203. 7% versus -74. 3% for MicroVision, Inc. (MVIS). On earnings-per-share growth, the picture is similar: CBAK Energy Technology, Inc. grew EPS 574. 5% year-over-year, compared to 15. 6% for Coda Octopus Group, Inc.. Over a 3-year CAGR, SMTK leads at 65. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — SMTK or CODA or MVIS or CBAT?

Coda Octopus Group, Inc.

(CODA) is the more profitable company, earning 15. 5% net margin versus -126. 0% for SmartKem, Inc. — meaning it keeps 15. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CODA leads at 17. 1% versus -127. 6% for SMTK. At the gross margin level — before operating expenses — CODA leads at 66. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is SMTK or CODA or MVIS or CBAT more undervalued right now?

Analyst consensus price targets imply the most upside for MVIS: 711.

7% to $5. 00.

08

Which pays a better dividend — SMTK or CODA or MVIS or CBAT?

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

09

Is SMTK or CODA or MVIS or CBAT better for a retirement portfolio?

For long-horizon retirement investors, Coda Octopus Group, Inc.

(CODA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 00), +844. 4% 10Y return). MicroVision, Inc. (MVIS) carries a higher beta of 2. 61 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CODA: +844. 4%, MVIS: -66. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between SMTK and CODA and MVIS and CBAT?

These companies operate in different sectors (SMTK (Technology) and CODA (Industrials) and MVIS (Technology) and CBAT (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: SMTK is a small-cap high-growth stock; CODA is a small-cap high-growth stock; MVIS is a small-cap quality compounder stock; CBAT is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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SMTK

High-Growth Disruptor

  • Sector: Technology
  • Market Cap > $100B
  • Revenue Growth > 101%
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CODA

High-Growth Compounder

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  • Market Cap > $100B
  • Revenue Growth > 14%
  • Net Margin > 8%
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MVIS

Quality Business

  • Sector: Technology
  • Market Cap > $100B
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  • Market Cap > $100B
  • Revenue Growth > 18%
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(SMTK: 203.7% · CODA: 28.8%)

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