Co-Diagnostics, Inc. (CODX) vs Holdco Nuvo Group D.G Ltd. (NUVOQ)

Co-Diagnostics, Inc. and Holdco Nuvo Group D.G Ltd. are both Medical Devices companies. Co-Diagnostics, Inc. is the larger, with a market value of $2.4M against $2.1M — 1.1× the size. Holdco Nuvo Group D.G Ltd. has the higher net margin (0.00% vs −6,522.9%) and the higher return on invested capital (0.00% vs −337.7%). Across the 12 metrics below, Holdco Nuvo Group D.G Ltd. leads on 9 and Co-Diagnostics, Inc. on 3.

Valuation

Metric CODX NUVOQ Medical Devices median
P/E n/m n/m 24.94
P/S 1.49 n/m 2.66
P/B 0.08 n/m 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) n/m 2.76
Earnings yield (9,587.12%) 0.00% (12.66%)
Free cash flow yield (2,549.47%) 0.00% (7.18%)

Profitability

Metric CODX NUVOQ Medical Devices median
Gross margin 43.47% — 57.76%
Operating margin (6,787.47%) 0.00% (14.84%)
Net margin (6,522.91%) 0.00% (14.45%)
Free cash flow margin (3,807.94%) 0.00% (5.70%)
Return on equity (174.77%) 63.38% (10.56%)
Return on assets (149.25%) (930.47%) (17.26%)
Return on invested capital (337.68%) 0.00% (5.22%)

Growth

Metric CODX NUVOQ Medical Devices median
Revenue growth (TTM) (28.12%) — 10.41%
EPS growth (last fiscal year) 5.34% (53.51%) 28.17%
Revenue growth, 5-year CAGR (61.60%) — 15.74%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric CODX NUVOQ Medical Devices median
Debt to equity 0.00 (0.17) 0.04
Current ratio 1.81 0.05 2.67
Net debt to EBITDA 0.24 (0.67) 0.54

Dividend

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

Size

Metric CODX NUVOQ Medical Devices median
Market cap 2.36m 2.12m 221.84m

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