Co-Diagnostics, Inc. (CODX) vs Flag Ship Acquisition Corp (PMI)
Co-Diagnostics, Inc. and Flag Ship Acquisition Corp are both Medical Devices companies. Flag Ship Acquisition Corp is the larger, with a market value of $11.1M against $8.3M — 1.3× the size. Co-Diagnostics, Inc. has negative trailing earnings, so its P/E is not meaningful; Flag Ship Acquisition Corp trades at 0.2×. Flag Ship Acquisition Corp grew revenue faster over the last twelve months: 45.5% against −28.1%. Flag Ship Acquisition Corp has the higher net margin (−419.8% vs −6,522.9%) and the lower return on invested capital (−410.8% vs −337.7%). Across the 17 metrics below, Flag Ship Acquisition Corp leads on 9 and Co-Diagnostics, Inc. on 8.
Valuation
Profitability
| Metric | CODX | PMI | Medical Devices median |
|---|---|---|---|
| Gross margin | 43.47% | 18.62% | 56.01% |
| Operating margin | (6,787.47%) | (248.37%) | (15.03%) |
| Net margin | (6,522.91%) | (419.78%) | (20.40%) |
| Free cash flow margin | (3,807.94%) | (254.93%) | (7.24%) |
| Return on equity | (174.77%) | 100.11% | (15.32%) |
| Return on assets | (149.25%) | (253.16%) | (19.72%) |
| Return on invested capital | (337.68%) | (410.80%) | (10.33%) |
Growth
Health
Dividend
Size
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