Co-Diagnostics, Inc. (CODX) vs Intelligent Bio Solutions Inc. (INBS)

Co-Diagnostics, Inc. and Intelligent Bio Solutions Inc. are both Medical Devices companies. Co-Diagnostics, Inc. is the larger, with a market value of $5.3M against $4.8M — 1.1× the size. Intelligent Bio Solutions Inc. grew revenue faster over the last twelve months: 38.1% against −28.1%. Intelligent Bio Solutions Inc. has the higher net margin (−294.9% vs −6,522.9%) and the lower return on invested capital (−606.9% vs −337.7%). Across the 17 metrics below, Intelligent Bio Solutions Inc. leads on 11 and Co-Diagnostics, Inc. on 6.

Valuation

Metric CODX INBS Medical Devices median
P/E n/m n/m 23.22
P/S 3.88 0.52 2.34
P/B 0.22 0.42 2.33
Price to free cash flow n/m n/m 23.72
EV/EBITDA 0.02 n/m 11.54
EV/Sales (1.18) 0.15 2.24
Earnings yield (4,132.02%) (601.33%) (10.09%)
Free cash flow yield (980.56%) (553.24%) (8.47%)

Profitability

Metric CODX INBS Medical Devices median
Gross margin 43.47% 48.64% 56.01%
Operating margin (6,787.47%) (299.11%) (15.03%)
Net margin (6,522.91%) (294.91%) (20.40%)
Free cash flow margin (3,807.94%) (289.93%) (7.24%)
Return on equity (174.77%) (306.76%) (15.32%)
Return on assets (149.25%) (123.13%) (19.72%)
Return on invested capital (337.68%) (606.86%) (10.33%)

Growth

Metric CODX INBS Medical Devices median
Revenue growth (TTM) (28.12%) 38.09% 8.80%
EPS growth (last fiscal year) 5.34% 57.80% 29.03%
Revenue growth, 5-year CAGR (61.60%) 16.31% 15.47%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CODX INBS Medical Devices median
Debt to equity 0.00 0.00 0.07
Current ratio 1.81 1.44 2.50
Net debt to EBITDA 0.24 0.35 0.49

Dividend

Metric CODX INBS Medical Devices median
Dividend yield — — 1.16%
Payout ratio — — 0.36

Size

Metric CODX INBS Medical Devices median
Market cap 5.32m 4.78m 167.06m

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