Co-Diagnostics Inc
NASDAQ:CODX

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Co-Diagnostics Inc Logo
Co-Diagnostics Inc
NASDAQ:CODX
Watchlist
Price: 0.2817 USD 0.54%
Market Cap: 9.5m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CODX stock under the Base Case scenario is 4.0123 USD. Compared to the current market price of 0.2817 USD, Co-Diagnostics Inc is Undervalued by 93%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CODX Relative Value
Base Case
4.0123 USD
Undervaluation 93%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.7
P/S
P/S
Price to Sales
2.7
vs History
69
vs Industry
47
Median 3Y
3.9
Median 5Y
3.6
Industry
2.3
Forward
19.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
46
Median 3Y
-0.9
Median 5Y
-0.3
Industry
22
Forward
-0.3
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
45
Median 3Y
-1.3
Median 5Y
-0.3
Industry
14.2
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
34
Median 3Y
-1.2
Median 5Y
-0.3
Industry
19.9
More Details
0.2
P/B
P/B
Price to Book Value
0.2
vs History
96
vs Industry
82
Median 3Y
0.5
Median 5Y
0.7
Industry
2.2
More Details
Negative
EV/S
EV/S
Enterprise Value to Sales
N/A
vs History
vs Industry
92
Median 3Y
-2.3
Median 5Y
0.2
Industry
2.4
Forward
-24.8
More Details
Negative
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
89
Median 3Y
-3.4
Median 5Y
0.3
Industry
4.9
More Details
0.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
0.3
vs History
74
vs Industry
55
Median 3Y
0.4
Median 5Y
0.9
Industry
11.6
More Details
0.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
0.3
vs History
73
vs Industry
51
Median 3Y
0.4
Median 5Y
0.9
Industry
15.9
Forward
0.4
More Details
0.4
EV/OCF
EV/OCF
Enterprise Value to OCF
0.4
vs History
73
vs Industry
56
Median 3Y
0.7
Median 5Y
1.4
Industry
14.2
More Details
0.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
0.4
vs History
73
vs Industry
45
Median 3Y
0.6
Median 5Y
1.4
Industry
17.8
More Details
Negative
EV/IC
EV/IC
Enterprise Value to IC
N/A
vs History
vs Industry
88
Median 3Y
-0.3
Median 5Y
0.2
Industry
1.8
More Details

Multiples Across Competitors

CODX Competitors Multiples
Co-Diagnostics Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Co-Diagnostics Inc
NASDAQ:CODX
9.5m USD 2.7 -0.3 0.3 0.3
US
Abbott Laboratories
NYSE:ABT
233.2B USD 5.4 17.1 22.2 31.8
US
Intuitive Surgical Inc
NASDAQ:ISRG
188B USD 21.7 76.4 61.6 74.9
US
Boston Scientific Corp
NYSE:BSX
152B USD 8.7 74.9 35.3 49.2
US
Stryker Corp
NYSE:SYK
151.3B USD 6.5 52.4 25.9 31.2
IE
Medtronic PLC
NYSE:MDT
115.4B USD 3.4 24.5 13.7 19.5
DE
Siemens Healthineers AG
XETRA:SHL
53.7B EUR 2.3 25.6 14.3 19.9
US
Becton Dickinson and Co
NYSE:BDX
51.2B USD 2.4 33.1 13.2 24.7
US
Edwards Lifesciences Corp
NYSE:EW
45.9B USD 8.2 10.9 24.9 27.4
US
IDEXX Laboratories Inc
NASDAQ:IDXX
44B USD 11.1 48.8 34.6 38.6
US
Resmed Inc
NYSE:RMD
38.1B USD 7.5 28.6 20.4 23.2

See Also

Summary
CODX intrinsic value, competitors valuation, and company profile.
DCF Valuation
CODX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CODX stock valuation using valuation multiples.
Wall Street Estimates
CODX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CODX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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