Co-Diagnostics, Inc. (CODX)
NASDAQ: CODX · Real-Time Price · USD
1.230
+0.010 (0.82%)
At close: Aug 25, 2026, 4:00 PM EDT
1.230
0.00 (0.00%)
Pre-market: Aug 26, 2026, 6:45 AM EDT

Co-Diagnostics Statistics

Total Valuation

Co-Diagnostics has a market cap or net worth of $7.69 million. The enterprise value is $5.84 million.

Market Cap7.69M
Enterprise Value 5.84M

Important Dates

The last earnings date was Thursday, August 13, 2026, after market close.

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

Share Statistics

Co-Diagnostics has 6.25 million shares outstanding. The number of shares has increased by 130.53% in one year.

Current Share Class 6.25M
Shares Outstanding 6.25M
Shares Change (YoY) +130.53%
Shares Change (QoQ) +91.26%
Owned by Insiders (%) 1.86%
Owned by Institutions (%) 10.55%
Float 6.14M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 10.66
Forward PS 22.49
PB Ratio 0.47
P/TBV Ratio 1.40
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 8.10
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.81, with a Debt / Equity ratio of 0.14.

Current Ratio 1.81
Quick Ratio 1.29
Debt / Equity 0.14
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -174.77% and return on invested capital (ROIC) is -290.60%.

Return on Equity (ROE) -174.77%
Return on Assets (ROA) -59.63%
Return on Invested Capital (ROIC) -290.60%
Return on Capital Employed (ROCE) -219.15%
Weighted Average Cost of Capital (WACC) 16.28%
Revenue Per Employee $6,273
Profits Per Employee -$409,186
Employee Count115
Asset Turnover 0.02
Inventory Turnover 0.42

Taxes

Income Tax -1.62M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -87.14% in the last 52 weeks. The beta is 2.88, so Co-Diagnostics's price volatility has been higher than the market average.

Beta (5Y) 2.88
52-Week Price Change -87.14%
50-Day Moving Average 2.22
200-Day Moving Average 4.04
Relative Strength Index (RSI) 31.37
Average Volume (20 Days) 446,297

Short Selling Information

The latest short interest is 348,657, so 5.58% of the outstanding shares have been sold short.

Short Interest 348,657
Short Previous Month 342,796
Short % of Shares Out 5.58%
Short % of Float 5.68%
Short Ratio (days to cover) 0.56

Income Statement

In the last 12 months, Co-Diagnostics had revenue of $721,386 and -$47.06 million in losses. Loss per share was -$19.36.

Revenue721,386
Gross Profit 313,634
Operating Income -30.08M
Pretax Income -48.68M
Net Income -47.06M
EBITDA -29.09M
EBIT -30.08M
Loss Per Share -$19.36
Full Income Statement

Balance Sheet

The company has $3.65 million in cash and $1.80 million in debt, with a net cash position of $1.85 million or $0.30 per share.

Cash & Cash Equivalents 3.65M
Total Debt 1.80M
Net Cash 1.85M
Net Cash Per Share $0.30
Equity (Book Value) 12.71M
Book Value Per Share 2.61
Working Capital 2.33M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$27.10 million and capital expenditures -$367,372, giving a free cash flow of -$27.47 million.

Operating Cash Flow -27.10M
Capital Expenditures -367,372
Depreciation & Amortization 992,234
Net Borrowing n/a
Free Cash Flow -27.47M
FCF Per Share -$4.39
Full Cash Flow Statement

Margins

Gross Margin 43.48%
Operating Margin -4,170.14%
Pretax Margin -6,747.70%
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 -130.53%
Shareholder Yield -130.53%
Earnings Yield -611.89%
FCF Yield -357.21%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (3Y) 357.25%
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 -11.91 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -11.91
Piotroski F-Score 3