Why is Co-Diagnostics, Inc. ?
Unrated Stock - No Analysis Available
Quality key factors
Factor
Value
Sales Growth (5y)
-53.33%
EBIT Growth (5y)
-230.51%
EBIT to Interest (avg)
-3.42
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.43
Sales to Capital Employed (avg)
0.06
Tax Ratio
0.13%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
20.03%
ROCE (avg)
83.78%
ROE (avg)
18.99%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.21
EV to EBIT
0.25
EV to EBITDA
0.26
EV to Capital Employed
-0.38
EV to Sales
-10.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
-74.83%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Sideways
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
Bullish
Technical Movement
6What is working for the Company
NET PROFIT(HY)
Higher at USD -15.26 MM
RAW MATERIAL COST(Y)
Fallen by -58.97% (YoY
OPERATING PROFIT(Q)
Highest at USD -7.77 MM
EPS(Q)
Highest at USD -0.23
-15What is not working for the Company
NET SALES(HY)
At USD 0.21 MM has Grown at -48.49%
OPERATING CASH FLOW(Y)
Lowest at USD -32.5 MM
ROCE(HY)
Lowest at -63.4%
CASH AND EQV(HY)
Lowest at USD 34.84 MM
DEBT-EQUITY RATIO
(HY)
Highest at -28.34 %
Here's what is working for Co-Diagnostics, Inc.
Net Profit
Higher at USD -15.26 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (USD MM)
Operating Profit
Highest at USD -7.77 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (USD MM)
EPS
Highest at USD -0.23
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (USD)
Raw Material Cost
Fallen by -58.97% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Co-Diagnostics, Inc.
Net Sales
At USD 0.21 MM has Grown at -48.49%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (USD MM)
Operating Cash Flow
Lowest at USD -32.5 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
Cash and Eqv
Lowest at USD 34.84 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debt-Equity Ratio
Highest at -28.34 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio






