As of 2025-05-16, the Fair Value of Co-Diagnostics Inc (CODX) is -28.03 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.31 USD, the upside of Co-Diagnostics Inc is -9,284.22%.
With the market price of 0.31 USD and our fair value calculation, Co-Diagnostics Inc (CODX) is not a good investment. Investing in CODX stocks now will result in a potential loss of 9,284.22%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 5Y Avg | |
| Net income | 42.48 | 36.66 | -14.24 | -35.33 | -37.64 | -1.61 |
| YoY growth | 785.16% | -13.70% | -138.84% | -148.12% | -6.53% | 95.59% |
| Market Cap (mil) | 10.25 |
| P/E | |
| Forward P/E |
| EPS | -1.12 |
| Avg earnings growth rate | 95.59% |
| TTM earnings | -37.64 |