Co-Diagnostics Inc
NASDAQ:CODX

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Co-Diagnostics Inc
NASDAQ:CODX
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Price: 0.2572 USD -2.54% Market Closed
Market Cap: 15.7m USD

Relative Value

The Relative Value of one CODX stock under the Base Case scenario is 0.4377 USD. Compared to the current market price of 0.2572 USD, Co-Diagnostics Inc is Undervalued by 41%.

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
0.4377 USD
Undervaluation 41%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
47
Median 3Y
10
Median 5Y
7.4
Industry
2.3
Forward
31.7
vs History
vs Industry
46
Median 3Y
-1.7
Median 5Y
-0.6
Industry
22.4
Forward
-0.4
vs History
vs Industry
45
Median 3Y
-2.6
Median 5Y
-0.5
Industry
14.4
vs History
vs Industry
34
Median 3Y
-2.4
Median 5Y
-0.5
Industry
21.7
vs History
85
vs Industry
82
Median 3Y
0.8
Median 5Y
1.2
Industry
2.2
vs History
1
vs Industry
92
Median 3Y
2.5
Median 5Y
3.3
Industry
2.5
Forward
8.5
vs History
1
vs Industry
89
Median 3Y
4.6
Median 5Y
5.1
Industry
5.1
vs History
vs Industry
55
Median 3Y
-0.3
Median 5Y
-0
Industry
12
vs History
vs Industry
51
Median 3Y
-0.3
Median 5Y
-0
Industry
16.9
Forward
-0.1
vs History
vs Industry
56
Median 3Y
-0.3
Median 5Y
0.1
Industry
14.5
vs History
vs Industry
45
Median 3Y
-0.3
Median 5Y
0.1
Industry
18.6
vs History
74
vs Industry
88
Median 3Y
0.4
Median 5Y
1.1
Industry
1.8

Multiples Across Competitors

CODX Competitors Multiples
Co-Diagnostics Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Co-Diagnostics Inc
NASDAQ:CODX
15.7m USD 30.8 -0.5 -0.1 -0.1
US
Abbott Laboratories
NYSE:ABT
217.7B USD 5 15.6 19.9 27.6
US
Intuitive Surgical Inc
NASDAQ:ISRG
207.9B USD 21.6 75.7 58.1 70.8
US
Boston Scientific Corp
NYSE:BSX
142.9B USD 7.4 51.2 29.9 40.7
US
Stryker Corp
NYSE:SYK
136.3B USD 5.6 46.3 22.6 27.4
IE
Medtronic PLC
NYSE:MDT
125.3B USD 3.6 26.3 14.8 21.4
DE
Siemens Healthineers AG
XETRA:SHL
50B EUR 2.1 23.3 13.2 18.6
US
IDEXX Laboratories Inc
NASDAQ:IDXX
56.2B USD 13.5 54.7 39.3 43.5
US
Becton Dickinson and Co
NYSE:BDX
56.2B USD 2.6 33.5 12.4 21.1
US
Edwards Lifesciences Corp
NYSE:EW
50.2B USD 8.5 36.7 26.3 28.8
US
GE Healthcare Technologies Inc
NASDAQ:GEHC
38.2B USD 1.9 17.2 12.9 15.5