Co-Diagnostics

Co-Diagnostics EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Co-Diagnostics (CODX) as of Nov 1, 2026 is -0.18. In the previous year, EV/EBIT (Enterprise Value to EBIT) was -0.14 — a change of 28.12% (lower).

EV/EBIT

-0.18

YoY

28.12%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Co-Diagnostics is 2025 -0.18 . EV/EBIT (Enterprise Value to EBIT) of Co-Diagnostics was 2024 -0.14 . It decreases by 28.12% lower compared to the previous year.

The Co-Diagnostics EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
-0.91 USD
Jan 1, 2020
0.13 USD
Jan 1, 2021
0.12 USD
Jan 1, 2022
-0.21 USD
Jan 1, 2023
-0.13 USD
Jan 1, 2024
-0.14 USD
Jan 1, 2025
-0.18 USD
Jan 1, 2026 (e)
-1.68 USD
The Co-Diagnostics EV/EBIT history
YEAREV/EBITYoY
est-1.68+846.64%
-0.18+28.12%
-0.14+6.55%
-0.13-36.82%
-0.21-270.74%
0.12-9.49%
0.13-114.60%
-0.91+0.78%
-0.90+8.35%
-0.83-74.61%
-3.29+16.59%
-2.82-47.44%
-5.37—

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Co-Diagnostics Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Co-Diagnostics's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Co-Diagnostics's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Co-Diagnostics's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Co-Diagnostics grows earnings faster than its peers.

Co-Diagnostics Stock analysis

What does Co-Diagnostics do? Co-Diagnostics, Inc. develops and sells diagnostic tests using proprietary reagents and a test design system for diseases and pathogens including tuberculosis, drug-resistant tuberculosis, hepatitis B and C, malaria, dengue, HIV, and Zika virus. The company also markets self-contained lab systems (MDx devices) from other manufacturers. Its products are sold to laboratories and healthcare providers for molecular testing of organisms and genetic diseases, automating complex procedures in test development and administration. The firm generates revenue through the sale of diagnostic reagents, validated tests, and MDx devices. The company's diagnostic technology focuses on nucleic acid detection and analysis, enabling molecular testing for various pathogens and genetic conditions. Its proprietary system allows for the design and validation of tests in-house, which are then marketed to healthcare institutions. Revenue streams include reagent sales, test kits, and equipment from partner manufacturers. Co-Diagnostics, Inc. targets laboratories and healthcare providers as key customers for its diagnostic solutions. The firm's products are designed to streamline molecular testing processes, reducing the complexity of traditional methods. This approach supports the company's revenue model based on direct sales of its proprietary tests and complementary equipment. Co-Diagnostics is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Co-Diagnostics stock

EV/EBIT (Enterprise Value to EBIT) of Co-Diagnostics is -0.18 in 2025.

EV/EBIT (Enterprise Value to EBIT) of Co-Diagnostics changed from -0.14 to -0.18, representing a 28.12% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Co-Diagnostics since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Co-Diagnostics with sector peers and the industry average to assess whether it is attractive.

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Valuation — Co-Diagnostics

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