Codexis, Inc. (CDXS)

NASDAQ: CDXS · IEX Real-Time Price · USD
3.490
-0.020 (-0.57%)
At close: Mar 28, 2024, 4:00 PM
3.495
+0.005 (0.14%)
After-hours: Mar 28, 2024, 7:16 PM EDT

Total Valuation

Codexis has a market cap or net worth of $246.77 million. The enterprise value is $196.16 million.

Market Cap 246.77M
Enterprise Value 196.16M

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date n/a

Share Statistics

Codexis has 70.30 million shares outstanding. The number of shares has increased by 4.27% in one year.

Shares Outstanding 70.30M
Shares Change (YoY) +4.27%
Shares Change (QoQ) +0.07%
Owned by Insiders (%) 3.22%
Owned by Institutions (%) 82.73%
Float 63.61M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 3.52
Forward PS 3.73
PB Ratio 2.85
P/FCF Ratio n/a
PEG Ratio -1.16
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.80
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.61, with a Debt / Equity ratio of 0.19.

Current Ratio 2.61
Quick Ratio 2.39
Debt / Equity 0.19
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -71.20% and return on invested capital (ROIC) is -66.32%.

Return on Equity (ROE) -71.20%
Return on Assets (ROA) -42.60%
Return on Capital (ROIC) -66.32%
Revenue Per Employee $403,121
Profits Per Employee -$438,161
Employee Count 174
Asset Turnover 0.39
Inventory Turnover 5.43

Taxes

In the past 12 months, Codexis has paid $69,000 in taxes.

Income Tax 69,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -9.82% in the last 52 weeks. The beta is 2.04, so Codexis's price volatility has been higher than the market average.

Beta (1Y) 2.04
52-Week Price Change -9.82%
50-Day Moving Average 3.22
200-Day Moving Average 2.56
Relative Strength Index (RSI) 52.15
Average Volume (30 Days) 624,196

Short Selling Information

The latest short interest is 2.29 million, so 3.26% of the outstanding shares have been sold short.

Short Interest 2.29M
Short Previous Month 2.54M
Short % of Shares Out 3.26%
Short % of Float 3.60%
Short Ratio (days to cover) 2.64

Income Statement

In the last 12 months, Codexis had revenue of $70.14 million and -$76.24 million in losses. Loss per share was -$1.12.

Revenue 70.14M
Gross Profit 57.33M
Operating Income -68.07M
Pretax Income -76.17M
Net Income -76.24M
EBITDA -66.25M
EBIT -76.17M
Loss Per Share -$1.12
Full Income Statement

Balance Sheet

The company has $66.63 million in cash and $16.02 million in debt, giving a net cash position of $50.61 million or $0.72 per share.

Cash & Cash Equivalents 66.63M
Total Debt 16.02M
Net Cash 50.61M
Net Cash Per Share $0.72
Equity / Book Value 86.62M
Book Value Per Share 1.23
Working Capital 57.64M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$52.64 million and capital expenditures -$3.67 million, giving a free cash flow of -$56.31 million.

Operating Cash Flow -52.64M
Capital Expenditures -3.67M
Free Cash Flow -56.31M
FCF Per Share -$0.83
Full Cash Flow Statement

Margins

Gross margin is 81.74%, with operating and profit margins of -97.04% and -108.69%.

Gross Margin 81.74%
Operating Margin -97.04%
Pretax Margin -108.59%
Profit Margin -108.69%
EBITDA Margin -94.45%
EBIT Margin -108.59%
FCF Margin -80.27%

Dividends & Yields

Codexis 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 -4.27%
Shareholder Yield -4.27%
Earnings Yield -30.90%
FCF Yield -22.82%

Analyst Forecast

The average price target for Codexis is $7.50, which is 114.90% higher than the current price. The consensus rating is "Strong Buy".

Price Target $7.50
Price Target Difference 114.90%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 22.37%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Codexis has an Altman Z-Score of -2.96 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.96
Piotroski F-Score 3