Co-Diagnostics, Inc. (CODX) vs INVO Fertility, Inc (IVF)

Co-Diagnostics, Inc. and INVO Fertility, Inc are both Medical Devices companies. Co-Diagnostics, Inc. and INVO Fertility, Inc are of similar size ($2.4M and $2.4M). INVO Fertility, Inc grew revenue faster over the last twelve months: 13.8% against −28.1%. INVO Fertility, Inc has the higher net margin (−116.3% vs −6,522.9%) and the higher return on invested capital (−27.9% vs −337.7%). Across the 18 metrics below, INVO Fertility, Inc leads on 11 and Co-Diagnostics, Inc. on 7.

Valuation

Metric CODX IVF Medical Devices median
P/E n/m n/m 24.94
P/S 1.49 0.59 2.66
P/B 0.08 0.27 2.36
Price to free cash flow n/m n/m 28.12
EV/EBITDA 0.05 n/m 11.42
EV/Sales (3.57) 0.18 2.76
Earnings yield (9,587.12%) (2,109.52%) (12.66%)
Free cash flow yield (2,549.47%) (108.97%) (7.18%)

Profitability

Metric CODX IVF Medical Devices median
Gross margin 43.47% 35.28% 57.76%
Operating margin (6,787.47%) (78.72%) (14.84%)
Net margin (6,522.91%) (116.30%) (14.45%)
Free cash flow margin (3,807.94%) (63.97%) (5.70%)
Return on equity (174.77%) (203.65%) (10.56%)
Return on assets (149.25%) (38.79%) (17.26%)
Return on invested capital (337.68%) (27.92%) (5.22%)

Growth

Metric CODX IVF Medical Devices median
Revenue growth (TTM) (28.12%) 13.76% 10.41%
EPS growth (last fiscal year) 5.34% 94.33% 28.17%
Revenue growth, 5-year CAGR (61.60%) 45.83% 15.74%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CODX IVF Medical Devices median
Debt to equity 0.00 0.03 0.04
Current ratio 1.81 0.71 2.67
Net debt to EBITDA 0.24 0.25 0.54

Dividend

Metric CODX IVF Medical Devices median
Dividend yield — — 1.02%
Payout ratio — — 0.38

Size

Metric CODX IVF Medical Devices median
Market cap 2.36m 2.43m 221.84m

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