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Co-Diagnostics Inc
NASDAQ:CODX

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Co-Diagnostics Inc Logo
Co-Diagnostics Inc
NASDAQ:CODX
Watchlist
Price: 1.21 USD 0.83% Market Closed
Updated: May 5, 2024
Section:
 

Relative Value

The Relative Value of one CODX stock under the Base Case scenario is 0.58 USD. Compared to the current market price of 1.21 USD, Co-Diagnostics Inc is Overvalued by 52%.

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
0.58 USD
Overvaluation 52%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.6
P/S
P/S
Price to Sales
5.6
vs History
42
vs Industry
25
Median 3Y
2.8
Median 5Y
5.3
Industry
2.4
Forward
6.4
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
46
Median 3Y
3.9
Median 5Y
-0.8
Industry
23.4
Forward
-1.2
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
45
Median 3Y
4.6
Median 5Y
-1.5
Industry
15.5
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
34
Median 3Y
4.7
Median 5Y
-1.5
Industry
23.2
More Details
0.4
P/B
P/B
Price to Book Value
0.4
vs History
79
vs Industry
79
Median 3Y
0.8
Median 5Y
2.4
Industry
2.3
More Details
Negative
EV/S
EV/S
Enterprise Value to Sales
N/A
vs History
vs Industry
Median 3Y
0.2
Median 5Y
1.7
Industry
2.5
Forward
-3.5
More Details
Negative
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0.3
Median 5Y
2.1
Industry
5.3
More Details
0.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
0.5
vs History
65
vs Industry
54
Median 3Y
1.1
Median 5Y
0.9
Industry
12.6
More Details
0.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
0.5
vs History
65
vs Industry
52
Median 3Y
1.2
Median 5Y
0.9
Industry
17.2
Forward
0.5
More Details
0.9
EV/OCF
EV/OCF
Enterprise Value to OCF
0.9
vs History
60
vs Industry
54
Median 3Y
2.4
Median 5Y
1.4
Industry
15.3
More Details
0.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
0.9
vs History
60
vs Industry
44
Median 3Y
2.4
Median 5Y
1.4
Industry
19.8
More Details
Negative
EV/IC
EV/IC
Enterprise Value to IC
N/A
vs History
vs Industry
Median 3Y
0.2
Median 5Y
7.8
Industry
2
More Details

Multiples Across Competitors

CODX Competitors Multiples
Co-Diagnostics Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Co-Diagnostics Inc
NASDAQ:CODX
37.8m USD 5.6 -1.1 0.5 0.5
US
Abbott Laboratories
NYSE:ABT
183.6B USD 4.6 32.6 19.2 28.6
US
Intuitive Surgical Inc
NASDAQ:ISRG
135.3B USD 18.5 68.1 55.8 70
US
Stryker Corp
NYSE:SYK
125.1B USD 6 37.2 24.2 29.7
IE
Medtronic PLC
NYSE:MDT
108.6B USD 3.4 25.9 13.8 19.5
US
Boston Scientific Corp
NYSE:BSX
106.8B USD 7.3 60.5 30.8 45.5
US
Becton Dickinson and Co
NYSE:BDX
67.8B USD 3.5 55.6 18.6 39.4
DE
Siemens Healthineers AG
XETRA:SHL
57.9B EUR 2.7 38.1 18.3 30.9
US
Edwards Lifesciences Corp
NYSE:EW
51.3B USD 8.4 36.3 26.4 28.5
US
Dexcom Inc
NASDAQ:DXCM
50.8B USD 13.4 79.5 59.5 77.4
CN
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
368.4B CNY 10.7 32.5 28.3 28.3

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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