Want to see CODX full AI Analyst Report?
Total Valuation
Co-Diagnostics has a market cap or net worth of $7.57M. The enterprise value is $11.51.
Market Cap$7.57M
Enterprise Value$11.51
Share Statistics
Co-Diagnostics has 6,252,319 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding6,252,319
Owned by Insiders1.55%
Owned by Institutions4.40%
Financial Efficiency
Co-Diagnostics’s return on equity (ROE) is -2.27 and return on invested capital (ROIC) is -138.31%.
Return on Equity (ROE)-2.27
Return on Assets (ROA)-1.90
Return on Invested Capital (ROIC)-138.31%
Return on Capital Employed (ROCE)-1.48
Revenue Per Employee5.41K
Profits Per Employee-407.79K
Employee Count115
Asset Turnover0.03
Inventory Turnover0.22
Valuation Ratios
The current PE Ratio of Co-Diagnostics is ―. Co-Diagnostics’s PEG ratio is 0.03.
PE Ratio―
PS Ratio10.83
PB Ratio0.33
Price to Fair Value0.33
Price to FCF-0.23
Price to Operating Cash Flow-0.19
PEG Ratio0.03
Income Statement
In the last 12 months, Co-Diagnostics had revenue of 622.49K and earned -46.90M in profits. Earnings per share was -35.25.
Revenue622.49K
Gross Profit400.11K
Operating Income-31.28M
Pretax Income-48.51M
Net Income-46.90M
EBITDA-47.41M
Earnings Per Share (EPS)-35.25
Cash Flow
In the last 12 months, operating cash flow was -27.10M and capital expenditures -367.37K, giving a free cash flow of -27.47M billion.
Operating Cash Flow-27.10M
Free Cash Flow-27.47M
Free Cash Flow per Share-4.39
Dividends & Yields
Co-Diagnostics pays an annual dividend of ―, resulting in a dividend yield of ―
Dividend Per Share―
Dividend Yield―
Payout RatioN/A
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta2.29
52-Week Price Change-87.26%
50-Day Moving Average2.35
200-Day Moving Average4.15
Relative Strength Index (RSI)30.26
Average Volume (3m)10.09M
Important Dates
Co-Diagnostics upcoming earnings date is Nov 5, 2026, Before Open (Confirmed).
Last Earnings DateAug 13, 2026
Next Earnings DateNov 5, 2026
Ex-Dividend Date―
Financial Position
Co-Diagnostics as a current ratio of 3.87, with Debt / Equity ratio of 14.15%
Current Ratio3.87
Quick Ratio3.59
Debt to Market Cap0.09
Net Debt to EBITDA0.22
Interest Coverage Ratio0.00
Taxes
In the past 12 months, Co-Diagnostics has paid -1.62M in taxes.
Income Tax-1.62M
Effective Tax Rate0.03
Enterprise Valuation
Co-Diagnostics EV to EBITDA ratio is 0.08, with an EV/FCF ratio of 0.13.
EV to Sales-6.27
EV to EBITDA0.08
EV to Free Cash Flow0.13
EV to Operating Cash Flow0.13
Balance Sheet
Co-Diagnostics has $3.65M in cash and marketable securities with $1.80M in debt, giving a net cash position of $1.85M billion.
Cash & Marketable Securities$3.65M
Total Debt$1.80M
Net Cash$1.85M
Net Cash Per Share$0.30
Tangible Book Value Per Share$10.08
Margins
Gross margin is 8.07%, with operating margin of -5025.53%, and net profit margin of -7533.62%.
Gross Margin8.07%
Operating Margin-5025.53%
Pretax Margin-7793.22%
Net Profit Margin-7533.62%
EBITDA Margin-7615.41%
EBIT Margin-7793.22%
Analyst Forecast
The average price target for Co-Diagnostics is $4.00, which is 11.43% higher than the current price. The consensus rating is Moderate Buy
Price Target$4.00
Price Target Upside90.48% Upside
Analyst ConsensusModerate Buy
Analyst Count1
Revenue Growth Forecast-9.18%
EPS Growth Forecast33.16%