Co-Diagnostics Inc is a molecular diagnostics company. It develops, licenses, and commercializes molecular technologies such as lab systems (MDx device) and manufacture and sell reagents used for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). CDI's low-cost system uses its tests to diagnose tuberculosis, Zika, hepatitis B and C, Malaria, dengue and HIV.The Company's technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR platform and to locate genetic markers for use in applications other than infectious diseases.

Financial Strength

7/10

Name	Current	Vs Industry	Vs History
Cash-To-Debt	19.58
Equity-to-Asset	0.9
Debt-to-Equity	0.04
Debt-to-EBITDA	-0.07
Interest Coverage	N/A	N/A	N/A
Piotroski F-Score	2/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	1.83	Distress Grey Safe
Beneish M-Score	-5.02	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

3/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	-55.7
	3-Year Book Growth Rate	5.6

Momentum Rank

5/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	20.15
	9-Day RSI	35.22
	14-Day RSI	41.51
	6-1 Month Momentum %	4.21
	12-1 Month Momentum %	-17.41

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	10.81
	Quick Ratio	10.52
	Cash Ratio	10.19
	Days Inventory	374.7
	Days Sales Outstanding	89.63
	Days Payable	111.5

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	3-Year Average Share Buyback Ratio	-3.1
	Shareholder Yield %	-2.05

Profitability Rank

3/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	38.56
	Operating Margin %	-626.92
	Net Margin %	-518.67
	FCF Margin %	-344.2
	ROE %	-34.36
	ROA %	-31.72
	ROIC %	-100.52
	ROC (Joel Greenblatt) %	-527.09
	ROCE %	-40.03
	Years of Profitability over Past 10-Year	2

GF Value Rank

	Name	Current	Vs Industry		Vs History
	PS Ratio	4.65
	PB Ratio	0.4
	Price-to-Tangible-Book	0.58
	EV-to-EBIT	0.47
	EV-to-EBITDA	0.48
	EV-to-Revenue	-2.92
	EV-to-Forward-Revenue	0.22
	EV-to-FCF	0.85
	Price-to-Projected-FCF	0.26
	Price-to-Net-Current-Asset-Value	0.66
	Price-to-Net-Cash	0.7
	Earnings Yield (Greenblatt) %	212.77
	FCF Yield %	-67.57

Financials (Next Earnings Date:2024-05-10 Est.)

Annual Quarterly TTM

CODX's 30-Y Financials

AAPL

Income Statement Breakdown

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

See Details

Insider Trades

See Details

Gurus Latest Trades with NAS:CODX

No Available Data

Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Co-Diagnostics Inc Executives

Details

GF Value: $0.57

CODX

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 6 Severe warning signs with CODX. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	6.812
	EPS (TTM) ($)	-1.21
	Beta	1.38
	Volatility %	58.61
	14-Day RSI	41.51
	14-Day ATR ($)	0.060747
	20-Day SMA ($)	1.166155
	12-1 Month Momentum %	-17.41
	52-Week Range ($)	0.975 - 1.89
	Shares Outstanding (Mil)	31.26

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	2
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Co-Diagnostics Inc Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Co-Diagnostics Inc Stock Events

Financials Calendars

	Event	Date	Price($)
No Event Data

Co-Diagnostics Inc Frequently Asked Questions

What is Co-Diagnostics Inc(CODX)'s stock price today?

The current price of CODX is $1.11. The 52 week high of CODX is $1.89 and 52 week low is $0.98.

When is next earnings date of Co-Diagnostics Inc(CODX)?

The next earnings date of Co-Diagnostics Inc(CODX) is 2024-05-10 Est..

Does Co-Diagnostics Inc(CODX) pay dividends? If so, how much?

Co-Diagnostics Inc(CODX) does not pay dividend.

Press Release

	Subject	Date
No Press Release

Headlines

No news.

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