Co-Diagnostics, Inc.

CODX Healthcare Medical Devices

Co-Diagnostics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $622,500.00, down 84.1% from fiscal 2024.

Revenue
+1.96%
EPS
+78.9%
Free cash flow
+17.5%

Quarter to June 2026, against a year earlier

0.25 0.02 −7.41%
Market cap
$2.4M
P/E
0.0×
Fwd P/E
−0.1×
Dividend yield
—
F-score
2/9
Altman Z
−9.74
Beneish M
2.24
Dividend safety
n/a

Co-Diagnostics, Inc. (CODX) EV/Sales

Alert me on EV/Sales

As of 6 November 2026, Co-Diagnostics, Inc. (CODX) trades at a EV/Sales of −3.6×. Over the past ten years it has ranged from −15.5× (March 2026) to 3,588× (June 2018); the current reading is higher than 14% of that period. That is below the Medical Devices industry median of 2.8× and below the Healthcare sector median of 3.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 −8.3× —
FY2024 −1.8× —
FY2023 −2.5× —
FY2022 0.0× —
FY2021 1.7× (36.43%)
FY2020 2.7× (95.89%)
FY2019 65.5× (85.17%)
FY2018 442× —
FY2017 0.0× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 13.5× —
Mar 2026 −5.6× —
Dec 2025 −8.3× —
Sep 2025 3.1× —
33 more quarters

Against its own ten years

Low −15.5× High 3,588×
Ten-year median 0.9×
Current reading's percentile 14

EV/Sales against peers

Company EV/Sales
ICCM IceCure Medical Ltd. compare −3.8×
CODX Co-Diagnostics, Inc. −3.6×
AIDX 20/20 Biolabs Inc. compare −0.7×
NUVOQ Holdco Nuvo Group D.G Ltd. compare n/m
BJDX Bluejay Diagnostics, Inc. compare n/m
AMIX Autonomix Medical, Inc. compare n/m
NUWE Nuwellis, Inc. compare 0.0×
IVF INVO Fertility, Inc compare 0.2×
ADGM Adagio Medical Holdings, Inc. compare 30.6×
Medical Devices industry median 2.8×
Healthcare sector median 3.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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