Codexis Inc risk profile
67 Stretched several inputs deteriorating together
Measured 21 October 2026 from CDXS's filed statements. Recomputed nightly.
67 (Stretched), driven by Cash conversion at 100, over 7 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 81 | Acute | Volatile | One-year price volatility — 85.8% |
| Operating pressure | 36 | Normal | Easing | Operating-margin drift — -34.1 percentage points |
| Cash conversion | 100 | Acute | Stable | Capital spending against operating cash — -0.23x |
| Leverage and coverage | 37 | Normal | Easing | Interest cover — -7.58x |
| Competitive position | 80 | Acute | Stable | Operating-margin gap against peers — -47.4 percentage points |
| Concentration | 74 | Stretched | Worsening | Customer concentration — 2,601 HHI |
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.