Codexis Enterprise Value Over E B I T D A from 2010 to 2024
| CDXS Stock | USD 3.61 0.16 4.24% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter (3.67) | Current Value (3.85) | Quarterly Volatility 29.30336882 |
Check Codexis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Codexis main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.4 M, Interest Expense of 1.9 M or Selling General Administrative of 34.8 M, as well as many exotic indicators such as Price To Sales Ratio of 4.5, Dividend Yield of 0.0 or PTB Ratio of 4.05. Codexis financial statements analysis is a perfect complement when working with Codexis Valuation or Volatility modules.
Codexis | Enterprise Value Over E B I T D A |
Latest Codexis' Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Codexis over the last few years. It is Codexis' Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Codexis' overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
|
Enterprise Value Over E B I T D A |
| Timeline |
Codexis Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | (25.96) | |
| Coefficient Of Variation | (112.89) | |
| Mean Deviation | 24.50 | |
| Median | (15.46) | |
| Standard Deviation | 29.30 | |
| Sample Variance | 858.69 | |
| Range | 85.4118 | |
| R-Value | (0.26) | |
| Mean Square Error | 864.26 | |
| R-Squared | 0.07 | |
| Significance | 0.36 | |
| Slope | (1.68) | |
| Total Sum of Squares | 12,022 |
Codexis Enterprise Value Over E B I T D A History
About Codexis Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Codexis income statement, its balance sheet, and the statement of cash flows. Codexis investors use historical funamental indicators, such as Codexis's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Codexis investors may use each financial statement separately, they are all related. The changes in Codexis's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Codexis's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Codexis Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Codexis. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (3.67) | (3.85) |
Pair Trading with Codexis
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Codexis position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Codexis will appreciate offsetting losses from the drop in the long position's value.Moving against Codexis Stock
| 0.55 | DOMH | Dominari Holdings | PairCorr |
The ability to find closely correlated positions to Codexis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Codexis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Codexis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Codexis to buy it.
The correlation of Codexis is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Codexis moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Codexis moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Codexis can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Codexis Correlation against competitors. For more information on how to buy Codexis Stock please use our How to Invest in Codexis guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Codexis Stock analysis
When running Codexis' price analysis, check to measure Codexis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Codexis is operating at the current time. Most of Codexis' value examination focuses on studying past and present price action to predict the probability of Codexis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Codexis' price. Additionally, you may evaluate how the addition of Codexis to your portfolios can decrease your overall portfolio volatility.
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Is Codexis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codexis. If investors know Codexis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codexis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.94) | Revenue Per Share 1.074 | Quarterly Revenue Growth 0.315 | Return On Assets (0.15) | Return On Equity (0.63) |
The market value of Codexis is measured differently than its book value, which is the value of Codexis that is recorded on the company's balance sheet. Investors also form their own opinion of Codexis' value that differs from its market value or its book value, called intrinsic value, which is Codexis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codexis' market value can be influenced by many factors that don't directly affect Codexis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Codexis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Codexis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codexis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.