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CODX vs FLGT
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
CODX vs FLGT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Devices | Medical - Diagnostics & Research |
| Market Cap | $3M | $475M |
| Revenue (TTM) | $622K | $323M |
| Net Income (TTM) | $-47M | $-61M |
| Gross Margin | 64.3% | 40.6% |
| Operating Margin | -50.3% | -28.2% |
| Total Debt | $1M | $476K |
| Cash & Equiv. | $12M | $50M |
CODX vs FLGT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Co-Diagnostics, Inc. (CODX) | 100 | 14.1 | -85.9% |
| Fulgent Genetics, I… (FLGT) | 100 | 91.6 | -8.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CODX vs FLGT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CODX is the clearest fit if your priority is momentum.
- +6.1% vs FLGT's -14.0%
FLGT carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 0.76
- Rev growth 13.8%, EPS growth -39.7%, 3Y rev CAGR -19.5%
- 73.9% 10Y total return vs CODX's -56.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.8% revenue growth vs CODX's -84.1% | |
| Quality / Margins | -18.8% margin vs CODX's -75.3% | |
| Stability / Safety | Beta 0.76 vs CODX's 1.17, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +6.1% vs FLGT's -14.0% | |
| Efficiency (ROA) | -5.0% ROA vs CODX's -109.6%, ROIC -6.4% vs -73.9% |
CODX vs FLGT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
CODX vs FLGT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — CODX and FLGT each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FLGT is the larger business by revenue, generating $323M annually — 518.4x CODX's $622,489. FLGT is the more profitable business, keeping -18.8% of every revenue dollar as net income compared to CODX's -75.3%. On growth, CODX holds the edge at +76.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $622,489 | $323M |
| EBITDAEarnings before interest/tax | -$30M | -$67M |
| Net IncomeAfter-tax profit | -$47M | -$61M |
| Free Cash FlowCash after capex | -$30M | -$124M |
| Gross MarginGross profit ÷ Revenue | +64.3% | +40.6% |
| Operating MarginEBIT ÷ Revenue | -50.3% | -28.2% |
| Net MarginNet income ÷ Revenue | -75.3% | -18.8% |
| FCF MarginFCF ÷ Revenue | -47.9% | -38.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +76.7% | +9.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -65.2% | -3.0% |
Valuation Metrics
FLGT leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $3M | $475M |
| Enterprise ValueMkt cap + debt − cash | -$8M | $425M |
| Trailing P/EPrice ÷ TTM EPS | -0.07x | -8.10x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 4.54x | 1.47x |
| Price / BookPrice ÷ Book value/share | 0.16x | 0.44x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
FLGT leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
FLGT delivers a -5.4% return on equity — every $100 of shareholder capital generates $-5 in annual profit, vs $-125 for CODX. FLGT carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to CODX's 0.06x. On the Piotroski fundamental quality scale (0–9), FLGT scores 4/9 vs CODX's 1/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -125.5% | -5.4% |
| ROA (TTM)Return on assets | -109.6% | -5.0% |
| ROICReturn on invested capital | -73.9% | -6.4% |
| ROCEReturn on capital employed | -80.3% | -8.0% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 4 |
| Debt / EquityFinancial leverage | 0.06x | 0.00x |
| Net DebtTotal debt minus cash | -$11M | -$50M |
| Cash & Equiv.Liquid assets | $12M | $50M |
| Total DebtShort + long-term debt | $1M | $476,000 |
| Interest CoverageEBIT ÷ Interest expense | — | -354.75x |
Total Returns (Dividends Reinvested)
CODX leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CODX five years ago would be worth $3,320 today (with dividends reinvested), compared to $2,331 for FLGT. Over the past 12 months, CODX leads with a +612.3% total return vs FLGT's -14.0%. The 3-year compound annual growth rate (CAGR) favors CODX at 22.4% vs FLGT's -21.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -54.5% | -37.6% |
| 1-Year ReturnPast 12 months | +612.3% | -14.0% |
| 3-Year ReturnCumulative with dividends | +83.3% | -51.8% |
| 5-Year ReturnCumulative with dividends | -66.8% | -76.7% |
| 10-Year ReturnCumulative with dividends | -56.5% | +73.9% |
| CAGR (3Y)Annualised 3-year return | +22.4% | -21.6% |
Risk & Volatility
FLGT leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
FLGT is the less volatile stock with a 0.76 beta — it tends to amplify market swings less than CODX's 1.17 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FLGT currently trades 51.4% from its 52-week high vs CODX's 39.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.17x | 0.76x |
| 52-Week HighHighest price in past year | $6.35 | $31.04 |
| 52-Week LowLowest price in past year | $0.18 | $13.46 |
| % of 52W HighCurrent price vs 52-week peak | +39.8% | +51.4% |
| RSI (14)Momentum oscillator 0–100 | 51.3 | 44.8 |
| Avg Volume (50D)Average daily shares traded | 1.7M | 699K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates CODX as "Hold" and FLGT as "Buy". Consensus price targets imply 137.2% upside for CODX (target: $6) vs 59.8% for FLGT (target: $26).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $6.00 | $25.50 |
| # AnalystsCovering analysts | 5 | 9 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 1 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +2.3% |
FLGT leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). CODX leads in 1 (Total Returns). 1 tied.
CODX vs FLGT: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is CODX or FLGT a better buy right now?
For growth investors, Fulgent Genetics, Inc.
(FLGT) is the stronger pick with 13. 8% revenue growth year-over-year, versus -84. 1% for Co-Diagnostics, Inc. (CODX). Analysts rate Fulgent Genetics, Inc. (FLGT) a "Buy" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — CODX or FLGT?
Over the past 5 years, Co-Diagnostics, Inc.
(CODX) delivered a total return of -66. 8%, compared to -76. 7% for Fulgent Genetics, Inc. (FLGT). Over 10 years, the gap is even starker: FLGT returned +73. 9% versus CODX's -56. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — CODX or FLGT?
By beta (market sensitivity over 5 years), Fulgent Genetics, Inc.
(FLGT) is the lower-risk stock at 0. 76β versus Co-Diagnostics, Inc. 's 1. 17β — meaning CODX is approximately 52% more volatile than FLGT relative to the S&P 500. On balance sheet safety, Fulgent Genetics, Inc. (FLGT) carries a lower debt/equity ratio of 0% versus 6% for Co-Diagnostics, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — CODX or FLGT?
By revenue growth (latest reported year), Fulgent Genetics, Inc.
(FLGT) is pulling ahead at 13. 8% versus -84. 1% for Co-Diagnostics, Inc. (CODX). On earnings-per-share growth, the picture is similar: Co-Diagnostics, Inc. grew EPS 5. 2% year-over-year, compared to -39. 7% for Fulgent Genetics, Inc.. Over a 3-year CAGR, FLGT leads at -19. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — CODX or FLGT?
Fulgent Genetics, Inc.
(FLGT) is the more profitable company, earning -18. 8% net margin versus -75. 3% for Co-Diagnostics, Inc. — meaning it keeps -18. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FLGT leads at -28. 2% versus -50. 3% for CODX. At the gross margin level — before operating expenses — CODX leads at 64. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — CODX or FLGT?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
07Is CODX or FLGT better for a retirement portfolio?
For long-horizon retirement investors, Fulgent Genetics, Inc.
(FLGT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 76)). Both have compounded well over 10 years (FLGT: +73. 9%, CODX: -56. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between CODX and FLGT?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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