Co-Diagnostics Inc
NASDAQ:CODX

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Co-Diagnostics Inc
NASDAQ:CODX
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Price: 1.37 USD -4.86% Market Closed
Market Cap: $2.9m

EV/EBITDA

0.3
Current
6%
More Expensive
vs 3-y median of 0.3

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
0.3
=
Enterprise Value
$-8.9m
/
EBITDA
$-30.2m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
0.3
=
Enterprise Value
$-8.9m
/
EBITDA
$-30.2m

Valuation Scenarios

Co-Diagnostics Inc is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (0.3), the stock would be worth $1.29 (6% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-6%
Maximum Upside
+4 706%
Average Upside
2 245%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 0.3 $1.37
0%
3-Year Average 0.3 $1.29
-6%
5-Year Average 0.5 $2.29
+67%
Industry Average 12.9 $59.09
+4 213%
Country Average 14.4 $65.84
+4 706%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
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Market Distribution

Lower than 99% of companies in the United States of America
Percentile
1st
Based on 9 875 companies
1st percentile
0.3
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Co-Diagnostics Inc
Glance View

Market Cap
2.9m USD
Industry
Health Care

Co-Diagnostics, Inc. engages in the development and innovation of molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. The company is headquartered in Salt Lake City, Utah and currently employs 101 full-time employees. The company went IPO on 2017-07-12. The firm is engaged in developing, manufacturing and marketing diagnostics technology. Its reagents are used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules, such as deoxyribonucleic acid and ribonucleic acid. The company also sells diagnostic equipment from other manufacturers as self-contained lab systems (MDx device). The firm uses its proprietary test design system and proprietary reagents to design and sell polymerase chain reaction diagnostic tests for diseases and pathogens starting with tests for tuberculosis, a drug resistant tuberculosis test, hepatitis B and C, Malaria, dengue, human immunodeficiency virus and Zika virus, all of which tests have been designed and validated in its laboratory. Its diagnostics systems enable molecular testing for organisms and genetic diseases by automating historically complex procedures in both the development and administration of tests.

CODX Intrinsic Value
LOCKED
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