Co-Diagnostics Inc
NASDAQ:CODX

Watchlist Manager
Co-Diagnostics Inc Logo
Co-Diagnostics Inc
NASDAQ:CODX
Watchlist
Price: 1.67 USD -2.34% Market Closed
Market Cap: $6m

EV/FCFF

0.2
Current
44%
Cheaper
vs 3-y average of 0.4

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
0.2
=
Enterprise Value
$-8.9m
/
Free Cash Flow to Firm
$-29.8m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
0.2
=
Enterprise Value
$-8.9m
/
Free Cash Flow to Firm
$-29.8m

Valuation Scenarios

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

If EV/FCFF returns to its 3-Year Average (0.4), the stock would be worth $2.98 (78% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+11 699%
Average Upside
5 934%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 0.2 $1.67
0%
3-Year Average 0.4 $2.98
+78%
5-Year Average 0.9 $7.61
+355%
Industry Average 23 $195.44
+11 603%
Country Average 23.2 $197.04
+11 699%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
US
Co-Diagnostics Inc
NASDAQ:CODX
6m USD 0.2 -0.1
US
Intuitive Surgical Inc
NASDAQ:ISRG
171.2B USD 66.3 60
US
Abbott Laboratories
NYSE:ABT
158.3B USD 21.5 25.2
US
Stryker Corp
NYSE:SYK
125.3B USD 31.8 38.6
IE
Medtronic PLC
NYSE:MDT
106.9B USD 23.4 23.2
US
Boston Scientific Corp
NYSE:BSX
92B USD 27.7 31.8
DE
Siemens Healthineers AG
XETRA:SHL
40B EUR 21.2 18.9
US
Edwards Lifesciences Corp
NYSE:EW
48.9B USD 33.6 45.5
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.1B USD 43.6 42.6
US
Becton Dickinson and Co
NYSE:BDX
43.3B USD 22.6 24.7
US
Resmed Inc
NYSE:RMD
32B USD 17.4 21.6

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 8 393 companies
0th percentile
0.2
Low
0 — 15.4
Typical Range
15.4 — 35.1
High
35.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.4
Median 23.2
70th Percentile 35.1
Max 3 178 983.5

Co-Diagnostics Inc
Glance View

Market Cap
6m 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
7.13 USD
Undervaluation 77%
Intrinsic Value
Price $1.67
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett