Co-Diagnostics (FRA:C970) Cash per Share: €3.40 (As of Mar. 2026)

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FRA:C970 Co-Diagnostics Inc FRA:C970
61 GF Score
Price €5.16
GF Value €7.47
! 6 Warning Signs
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What is Co-Diagnostics Cash per Share?

Co-Diagnostics FRA:C970 61 Cash per Share is €3.40 as of Mar. 2026. GuruFocus rates FRA:C970 with a GF Score™ of 61/100 and a GF Value™ of €7.47. The stock has 6 warning signs investors should review.

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Co-Diagnostics's Cash per Share for the quarter that ended in Mar. 2026 was €3.40.

Co-Diagnostics  (FRA:C970) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Co-Diagnostics Cash per Share Related Terms

Co-Diagnostics Cash per Share Historical Data

* Premium members only.

The historical data trend for Co-Diagnostics's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Co-Diagnostics Cash per Share Chart

Co-Diagnostics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.57 74.55 51.53 25.78 4.85

Co-Diagnostics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.76 9.61 6.08 4.85 3.40
FRA:C970
61GF Score
Co-Diagnostics Inc FRA:C970
Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Co-Diagnostics Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Co-Diagnostics's Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=10.15/2.10
=4.84

Co-Diagnostics's Cash per Share for the quarter that ended in Mar. 2026 is calculated as:

Cash per Share= Cash, Cash Equivalents, Marketable Securities /Shares Outstanding (EOP)
=7.12/2.10
=3.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash per Share →
What does a Cash per Share of €3.40 mean?
Co-Diagnostics (FRA:C970) has a Cash per Share of €3.40 as of Mar. 2026. Cash per share is the per-share value of a company's available cash. View historical data for Co-Diagnostics and its competitors.
Is Co-Diagnostics' Cash per Share too high?
Co-Diagnostics' current Cash per Share is €3.40. Overall, Co-Diagnostics has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Co-Diagnostics' Cash per Share compare to HSCS and NVNO?
Co-Diagnostics' Cash per Share of €3.40 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash per Share for a Medical Devices & Instruments company?
A good Cash per Share depends on the Medical Devices & Instruments industry context. However, Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash per Share mean?
A high Cash per Share can signal that a stock is expensive relative to its fundamentals. Cash per share is the per-share value of a company's available cash. View historical data for Co-Diagnostics and its competitors. Co-Diagnostics's current Cash per Share is €3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Diagnostics stock overvalued right now?
Co-Diagnostics (FRA:C970) has a current Cash per Share of €3.40. The stock's GF Value™ is €7.47, compared to a current price of €5.16 — trading 30.9% below its estimated fair value. The current Cash per Share is €3.40. Co-Diagnostics' overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash per Share calculated?
Cash per Share is calculated from a company's financial statements. For Co-Diagnostics (FRA:C970), the current Cash per Share is €3.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Co-Diagnostics (FRA:C970) Overvalued in 2026?

Based on GuruFocus' analysis, Co-Diagnostics stock appears to be undervalued. The current stock price of €5.16 is trading 30.9% below its estimated GF Value™ of €7.47.

Key valuation signals for FRA:C970:

  • Cash per Share: €3.40
  • GF Value™: €7.47 vs. price of €5.16 (30.9% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the FRA:C970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Co-Diagnostics Business Description

Other Exchanges CODX:USA0A50:UK
Address 2401 S. Foothill Drive, Suite D, Salt Lake City, UT, USA, 84109
Co-Diagnostics Inc is a molecular diagnostics company. The company develops, manufactures, licenses, and commercializes reagents used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules (DNA or RNA), including molecular tools for detection of infectious diseases. CDI's low-cost system uses its tests to diagnose tuberculosis, Zika, hepatitis B and C, Malaria, dengue and others. The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR platform and to locate genetic markers for use in applications other than infectious diseases.
61GF Score

Get the complete analysis for FRA:C970

Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.16
Price
€7.47
GF Value