Co-Diagnostics, Inc. (CODX)
NASDAQ: CODX · Real-Time Price · USD
1.870
-0.170 (-8.33%)
Jul 28, 2026, 10:58 AM EDT - Market open

Co-Diagnostics Statistics

Total Valuation

Co-Diagnostics has a market cap or net worth of $6.84 million. The enterprise value is $1.26 million.

Market Cap6.84M
Enterprise Value 1.26M

Important Dates

The next estimated earnings date is Thursday, August 13, 2026, after market close.

Earnings Date Aug 13, 2026
Ex-Dividend Date n/a

Share Statistics

Co-Diagnostics has 3.66 million shares outstanding. The number of shares has increased by 57.98% in one year.

Current Share Class 3.66M
Shares Outstanding 3.66M
Shares Change (YoY) +57.98%
Shares Change (QoQ) +19.63%
Owned by Insiders (%) 3.19%
Owned by Institutions (%) 11.15%
Float 3.54M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 10.39
Forward PS 17.51
PB Ratio 0.46
P/TBV Ratio 0.85
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.76
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.28, with a Debt / Equity ratio of 0.13.

Current Ratio 2.28
Quick Ratio 1.94
Debt / Equity 0.13
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -151.66% and return on invested capital (ROIC) is -322.26%.

Return on Equity (ROE) -151.66%
Return on Assets (ROA) -52.09%
Return on Invested Capital (ROIC) -322.26%
Return on Capital Employed (ROCE) -295.22%
Weighted Average Cost of Capital (WACC) 15.68%
Revenue Per Employee $6,245
Profits Per Employee -$421,763
Employee Count115
Asset Turnover 0.02
Inventory Turnover 0.41

Taxes

Income Tax -1.63M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -77.98% in the last 52 weeks. The beta is 2.85, so Co-Diagnostics's price volatility has been higher than the market average.

Beta (5Y) 2.85
52-Week Price Change -77.98%
50-Day Moving Average 3.76
200-Day Moving Average 5.22
Relative Strength Index (RSI) 30.07
Average Volume (20 Days) 570,521

Short Selling Information

The latest short interest is 342,796, so 9.37% of the outstanding shares have been sold short.

Short Interest 342,796
Short Previous Month 125,605
Short % of Shares Out 9.37%
Short % of Float 9.68%
Short Ratio (days to cover) 0.54

Income Statement

In the last 12 months, Co-Diagnostics had revenue of $718,166 and -$48.50 million in losses. Loss per share was -$29.82.

Revenue718,166
Gross Profit 323,611
Operating Income -31.94M
Pretax Income -50.13M
Net Income -48.50M
EBITDA -49.74M
EBIT -50.82M
Loss Per Share -$29.82
Full Income Statement

Balance Sheet

The company has $8.23 million in cash and $2.03 million in debt, with a net cash position of $6.20 million or $1.70 per share.

Cash & Cash Equivalents 8.23M
Total Debt 2.03M
Net Cash 6.20M
Net Cash Per Share $1.70
Equity (Book Value) 16.04M
Book Value Per Share 4.45
Working Capital 5.50M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$28.24 million and capital expenditures -$750,151, giving a free cash flow of -$28.99 million.

Operating Cash Flow -28.24M
Capital Expenditures -750,151
Depreciation & Amortization 1.08M
Net Borrowing n/a
Free Cash Flow -28.99M
FCF Per Share -$7.93
Full Cash Flow Statement

Margins

Gross Margin 45.06%
Operating Margin -4,447.41%
Pretax Margin -6,980.30%
Profit Margin n/a
EBITDA Margin -6,925.98%
EBIT Margin -7,076.61%
FCF Margin n/a

Dividends & Yields

Co-Diagnostics does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -57.98%
Shareholder Yield -57.98%
Earnings Yield -650.08%
FCF Yield -388.53%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (3Y) 356.88%
EPS Growth Forecast (3Y) n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on January 2, 2026. It was a reverse split with a ratio of 1:30.

Last Split Date Jan 2, 2026
Split Type Reverse
Split Ratio 1:30

Scores

Co-Diagnostics has an Altman Z-Score of -9.03 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -9.03
Piotroski F-Score 1