Co-Diagnostics, Inc. (CODX)
NASDAQ: CODX · Real-Time Price · USD
0.3800
-0.0039 (-1.02%)
At close: Oct 6, 2025, 4:00 PM EDT
0.3998
+0.0198 (5.21%)
After-hours: Oct 6, 2025, 7:22 PM EDT

Co-Diagnostics Statistics

Total Valuation

Co-Diagnostics has a market cap or net worth of $18.29 million. The enterprise value is $6.97 million.

Market Cap18.29M
Enterprise Value 6.97M

Important Dates

The next estimated earnings date is Thursday, November 6, 2025, after market close.

Earnings Date Nov 6, 2025
Ex-Dividend Date n/a

Share Statistics

Co-Diagnostics has 48.14 million shares outstanding. The number of shares has increased by 6.53% in one year.

Current Share Class 48.14M
Shares Outstanding 48.14M
Shares Change (YoY) +6.53%
Shares Change (QoQ) +3.31%
Owned by Insiders (%) 5.47%
Owned by Institutions (%) 15.26%
Float 45.51M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 12.10
Forward PS 20.29
PB Ratio 0.34
P/TBV Ratio 1.24
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 6.94
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.12, with a Debt / Equity ratio of 0.04.

Current Ratio 4.12
Quick Ratio 3.66
Debt / Equity 0.04
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -63.40% and return on invested capital (ROIC) is -41.11%.

Return on Equity (ROE) -63.40%
Return on Assets (ROA) -38.09%
Return on Invested Capital (ROIC) -41.11%
Return on Capital Employed (ROCE) -90.64%
Revenue Per Employee $7,603
Profits Per Employee -$272,659
Employee Count132
Asset Turnover 0.02
Inventory Turnover 0.48

Taxes

In the past 12 months, Co-Diagnostics has paid $38,345 in taxes.

Income Tax 38,345
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -70.31% in the last 52 weeks. The beta is 0.94, so Co-Diagnostics's price volatility has been similar to the market average.

Beta (5Y) 0.94
52-Week Price Change -70.31%
50-Day Moving Average 0.33
200-Day Moving Average 0.43
Relative Strength Index (RSI) 52.07
Average Volume (20 Days) 14,492,355

Short Selling Information

The latest short interest is 795,088, so 1.65% of the outstanding shares have been sold short.

Short Interest 795,088
Short Previous Month 1.36M
Short % of Shares Out 1.65%
Short % of Float 1.75%
Short Ratio (days to cover) 0.16

Income Statement

In the last 12 months, Co-Diagnostics had revenue of $1.00 million and -$35.99 million in losses. Loss per share was -$1.14.

Revenue1.00M
Gross Profit 397,486
Operating Income -38.75M
Pretax Income -35.95M
Net Income -35.99M
EBITDA -37.47M
EBIT -38.75M
Loss Per Share -$1.14
Full Income Statement

Balance Sheet

The company has $13.36 million in cash and $1.70 million in debt, giving a net cash position of $11.66 million or $0.24 per share.

Cash & Cash Equivalents 13.36M
Total Debt 1.70M
Net Cash 11.66M
Net Cash Per Share $0.24
Equity (Book Value) 41.14M
Book Value Per Share 1.14
Working Capital 11.60M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$32.49 million and capital expenditures -$740,403, giving a free cash flow of -$33.23 million.

Operating Cash Flow -32.49M
Capital Expenditures -740,403
Free Cash Flow -33.23M
FCF Per Share -$0.69
Full Cash Flow Statement

Margins

Gross Margin 39.60%
Operating Margin -3,861.06%
Pretax Margin -3,582.18%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
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 -6.53%
Shareholder Yield -6.53%
Earnings Yield -193.23%
FCF Yield -178.42%

Analyst Forecast

The average price target for Co-Diagnostics is $2.00, which is 426.32% higher than the current price. The consensus rating is "Buy".

Price Target $2.00
Price Target Difference 426.32%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 175.27%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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

This stock does not have any record of stock splits.

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

Scores

Co-Diagnostics has an Altman Z-Score of -0.9 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.9
Piotroski F-Score 1