Market cap
$174 Mln
Revenue (TTM)
$78 Mln
P/E Ratio
--
P/B Ratio
5.5
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -2.18 | -2.69 | 35.89 | -7.81 | -1.29 |
| EBIT | -38.38 | 9.55 | 50.30 | 13.65 | -5.71 |
| Net Profit | -37.93 | 9.55 | 52.72 | 13.44 | -7.31 |
| EPS | -37.49 | 15.17 | 58.63 | 17.07 | 1.84 |
| Book Value | -- | -- | -32.48 | -36.86 | -27.69 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -77.34 | -55.32 | -37.80 | -55.57 | -98.33 |
| Net Margin
| -- | -20.01 | -39.55 | -- | -- |
| Return on equity
| -75.27 | -52.05 | -73.60 | -74.88 | -85.03 |
| Return on Capital
| -48.13 | -34.32 | -- | -35.10 | -56.90 |
| Return on Assets
| -38.25 | -27.47 | -17.79 | -29.63 | -45.72 |
| Debt to Equity (x)
| -- | -- | 0.00 | 1.45 | 0.89 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
-35.10
|
-56.90
|
-52.39
|
-16.78
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-73.60
Lower than Peers by 33.20
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
-73.60
|
-74.88
|
-85.03
|
-65.89
|
-21.73
|
|
Peer Median
|
-40.40
|
--
|
--
|
--
|
--
|
ROA
-17.79
Higher than Peers by 13.19
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
-17.79
|
-29.63
|
-45.72
|
-39.41
|
-13.52
|
|
Peer Median
|
-30.98
|
--
|
--
|
--
|
--
|
EBIT Margin
-37.80
Higher than Peers by 45.82
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
-37.80
|
-55.57
|
-98.33
|
-78.13
|
-22.88
|
|
Peer Median
|
-83.62
|
--
|
--
|
--
|
--
|
Net Margin
-39.55
Higher than Peers by 53.12
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
-39.55
|
-62.47
|
-109.99
|
-108.69
|
-24.24
|
|
Peer Median
|
-92.67
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
Lower than Peers by 0.00
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
35.89
Lower than Peers by 18.07
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
35.89
|
0.19
|
-0.15
|
-0.49
|
0.32
|
|
Peer Median
|
53.95
|
--
|
--
|
--
|
--
|
EBIT Growth
50.30
Higher than Peers by 51.10
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
50.30
|
32.97
|
-6.48
|
-72.80
|
-39.73
|
|
Peer Median
|
-0.80
|
--
|
--
|
--
|
--
|
Net Profit Growth
52.72
Higher than Peers by 60.02
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
52.72
|
32.63
|
14.38
|
-126.96
|
-57.86
|
|
Peer Median
|
-7.30
|
--
|
--
|
--
|
--
|
EPS Growth
58.63
Higher than Peers by 43.98
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
58.63
|
0.40
|
0.27
|
-1.14
|
-0.56
|
|
Peer Median
|
14.65
|
--
|
--
|
--
|
--
|
Book Value Growth
-44.44
Lower than Peers by 34.26
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
-44.44
|
--
|
--
|
--
|
--
|
|
Peer Median
|
-10.18
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
1.45
|
0.89
|
0.19
|
0.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.31
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
0.31
|
0.06
|
0.04
|
0.04
|
0.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.06
Lower than Peers by 2.75
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
3.06
|
3.82
|
4.18
|
2.61
|
3.32
|
|
Peer Median
|
5.81
|
--
|
--
|
--
|
--
|
Quick Ratio
2.99
Lower than Peers by 2.71
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
2.99
|
3.75
|
4.10
|
2.53
|
3.28
|
|
Peer Median
|
5.70
|
--
|
--
|
--
|
--
|
Interest Coverage
-6.34
Lower than Peers by 4.25
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
-6.34
|
-8.13
|
-5.61
|
-4.46
|
-22.01
|
|
Peer Median
|
-2.09
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
9.46
Lower than Peers by 9.68
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
9.46
|
15.24
|
31.82
|
28.41
|
29.49
|
|
Peer Median
|
19.14
|
--
|
--
|
--
|
--
|
Asset Turnover
0.45
Higher than Peers by 0.38
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
0.45
|
0.47
|
0.42
|
0.36
|
0.56
|
|
Peer Median
|
0.06
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
76.83
|
119.44
|
158.30
|
103.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
70.72
|
50.28
|
67.21
|
15.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
85.90
|
98.50
|
131.07
|
29.97
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
61.66
|
71.21
|
94.44
|
88.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
-3.37
|
-5.94
|
-2.78
|
-9.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Price / Book Value
5.52
Higher than Peers by 0.33
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
5.52
|
2.93
|
5.79
|
2.45
|
2.11
|
|
Peer Median
|
5.18
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
-10.67
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
-10.67
|
-4.23
|
-7.01
|
-3.31
|
-8.94
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
174
Higher than Peers by 28
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Codexis (CDXS)
|
174
|
--
|
--
|
--
|
--
|
|
Peer Median
|
146
|
--
|
--
|
--
|
--
|