CODEXIS, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.38 USD | -0.59% |
|
+6.62% | +10.82% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 935.7 | 1,388 | 2,029 | 306.1 | 213 | 238.5 | - | - |
| Enterprise Value (EV) 1 | 935.7 | 1,388 | 2,029 | 306.1 | 213 | 238.5 | 238.5 | 238.5 |
| P/E ratio | -76.1 x | -54.6 x | -94.8 x | -9.14 x | -2.72 x | -5.07 x | -5 x | -12.1 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 13.7 x | 20.1 x | 19.4 x | 2.21 x | 3.04 x | 3.67 x | 3.72 x | 2.74 x |
| EV / Revenue | 13.7 x | 20.1 x | 19.4 x | 2.21 x | 3.04 x | 3.67 x | 3.72 x | 2.74 x |
| EV / EBITDA | -232 x | -97.4 x | -254 x | -10.4 x | -3.4 x | -6.11 x | -5.22 x | - |
| EV / FCF | -57.4 x | -60.8 x | -56.8 x | -133 x | -3.73 x | -3.98 x | -5.78 x | -13.9 x |
| FCF Yield | -1.74% | -1.64% | -1.76% | -0.75% | -26.8% | -25.1% | -17.3% | -7.2% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 58,518 | 63,568 | 64,875 | 65,687 | 69,830 | 70,558 | - | - |
| Reference price 2 | 15.99 | 21.83 | 31.27 | 4.660 | 3.050 | 3.380 | 3.380 | 3.380 |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 68.46 | 69.06 | 104.8 | 138.6 | 70.14 | 64.96 | 64.05 | 87.03 |
| EBITDA 1 | -4.036 | -14.24 | -7.991 | -29.48 | -62.55 | -39.05 | -45.71 | - |
| EBIT 1 | -12.55 | -23.92 | -22.7 | -34.88 | -68.07 | -46.62 | -45.45 | -16.29 |
| Operating Margin | -18.33% | -34.64% | -21.67% | -25.17% | -97.04% | -71.76% | -70.95% | -18.71% |
| Earnings before Tax (EBT) 1 | -11.92 | -23.67 | -21.09 | -33.32 | -76.17 | -47.98 | -47.2 | -22.2 |
| Net income 1 | -11.94 | -24.01 | -21.28 | -33.59 | -76.24 | -47.05 | -47.88 | -22.2 |
| Net margin | -17.43% | -34.77% | -20.31% | -24.24% | -108.69% | -72.43% | -74.75% | -25.51% |
| EPS 2 | -0.2100 | -0.4000 | -0.3300 | -0.5100 | -1.120 | -0.6662 | -0.6757 | -0.2800 |
| Free Cash Flow 1 | -16.29 | -22.82 | -35.69 | -2.294 | -57.06 | -59.86 | -41.27 | -17.16 |
| FCF margin | -23.8% | -33.04% | -34.07% | -1.66% | -81.34% | -92.15% | -64.43% | -19.72% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 24.5 | 35.34 | 38.41 | 34.47 | 30.38 | 12.98 | 21.32 | 9.277 | 26.56 | 17.07 | 8.275 | 15.49 | 24.86 | 13 | 13.78 |
| EBITDA 1 | -6.369 | -3.333 | 1.963 | -4.7 | -8.879 | -19.39 | -8.358 | -27.29 | 1.498 | - | -16.04 | -11.54 | -1.198 | -16.8 | -16.61 |
| EBIT 1 | -10.38 | -8.386 | -2.609 | -10.64 | -13.25 | -23.66 | -12.55 | -32.06 | 0.282 | -11.89 | -17.78 | -12.64 | -4.014 | -12.01 | -11.65 |
| Operating Margin | -42.39% | -23.73% | -6.79% | -30.86% | -43.62% | -182.29% | -58.88% | -345.59% | 1.06% | -69.63% | -214.82% | -81.56% | -16.15% | -92.34% | -84.56% |
| Earnings before Tax (EBT) 1 | -10.12 | -8.347 | -2.532 | -9.984 | -12.45 | -22.6 | -11.51 | -34.9 | -7.157 | -11.5 | -18 | -13.11 | -5.062 | -12.12 | -11.95 |
| Net income 1 | -10.19 | -8.356 | -2.64 | -9.992 | -12.6 | -22.62 | -11.52 | -34.91 | -7.192 | -11.5 | -18.02 | -12.86 | -4.237 | -12.14 | -11.97 |
| Net margin | -41.59% | -23.64% | -6.87% | -28.99% | -41.5% | -174.22% | -54.04% | -376.29% | -27.08% | -67.39% | -217.78% | -82.99% | -17.05% | -93.33% | -86.87% |
| EPS 2 | -0.1600 | -0.1300 | -0.0400 | -0.1500 | -0.1900 | -0.3400 | -0.1700 | -0.5000 | -0.1000 | -0.1600 | -0.2600 | -0.1843 | -0.0514 | -0.1720 | -0.1720 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/24/22 | 5/5/22 | 8/4/22 | 11/3/22 | 2/23/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/28/24 | 5/2/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | -16.3 | -22.8 | -35.7 | -2.29 | -57.1 | -59.9 | -41.3 | -17.2 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | - | -0.2800 | -0.1000 | 0.1700 | -0.7700 | -0.5100 | - | - |
| Capex 1 | 3.73 | 3.75 | 13.8 | 8.31 | 4.42 | 10 | 2.75 | 8.28 |
| Capex / Sales | 5.45% | 5.43% | 13.17% | 5.99% | 6.3% | 15.39% | 4.29% | 9.52% |
| Announcement Date | 2/27/20 | 2/25/21 | 2/24/22 | 2/23/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
3.38
USD
Average target price
7.125
USD
Spread / Average Target
+110.80%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +10.82% | 238M | |
| +43.36% | 54.64B | |
| -5.31% | 39.92B | |
| +37.52% | 38.82B | |
| +14.75% | 26.86B | |
| -12.56% | 26.22B | |
| -22.45% | 18.78B | |
| +0.04% | 12.16B | |
| +25.12% | 12.21B | |
| +26.04% | 11.94B |
- Stock Market
- Equities
- CDXS Stock
- Financials Codexis, Inc.
