Varex Imaging Statistics
Total Valuation
Varex Imaging has a market cap or net worth of $596.32 million. The enterprise value is $878.02 million.
| Market Cap | 596.32M |
| Enterprise Value | 878.02M |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, after market close.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Varex Imaging has 40.90 million shares outstanding. The number of shares has increased by 1.73% in one year.
| Shares Outstanding | 40.90M |
| Shares Change (YoY) | +1.73% |
| Shares Change (QoQ) | +1.48% |
| Owned by Insiders (%) | 4.88% |
| Owned by Institutions (%) | 107.52% |
| Float | 40.48M |
Valuation Ratios
The trailing PE ratio is 16.02 and the forward PE ratio is 17.08. Varex Imaging's PEG ratio is 3.08.
| PE Ratio | 16.02 |
| Forward PE | 17.08 |
| PS Ratio | 0.70 |
| Forward PS | 0.71 |
| PB Ratio | 1.04 |
| P/FCF Ratio | 8.24 |
| PEG Ratio | 3.08 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.29, with an EV/FCF ratio of 12.13.
| EV / Earnings | 20.96 |
| EV / Sales | 1.03 |
| EV / EBITDA | 9.29 |
| EV / EBIT | 14.66 |
| EV / FCF | 12.13 |
Financial Position
The company has a current ratio of 4.23, with a Debt / Equity ratio of 0.82.
| Current Ratio | 4.23 |
| Quick Ratio | 2.21 |
| Debt / Equity | 0.82 |
| Debt / EBITDA | 4.98 |
| Debt / FCF | 6.50 |
| Interest Coverage | 1.48 |
Financial Efficiency
Return on equity (ROE) is 7.50% and return on invested capital (ROIC) is 12.53%.
| Return on Equity (ROE) | 7.50% |
| Return on Assets (ROA) | 3.40% |
| Return on Capital (ROIC) | 12.53% |
| Revenue Per Employee | $372,087 |
| Profits Per Employee | $18,217 |
| Employee Count | 2,300 |
| Asset Turnover | 0.69 |
| Inventory Turnover | 1.72 |
Taxes
| Income Tax | -22.60M |
| Effective Tax Rate | -117.10% |
Stock Price Statistics
The stock price has decreased by -38.84% in the last 52 weeks. The beta is 0.65, so Varex Imaging's price volatility has been lower than the market average.
| Beta (5Y) | 0.65 |
| 52-Week Price Change | -38.84% |
| 50-Day Moving Average | 15.47 |
| 200-Day Moving Average | 17.83 |
| Relative Strength Index (RSI) | 42.20 |
| Average Volume (20 Days) | 686,571 |
Short Selling Information
The latest short interest is 4.36 million, so 10.66% of the outstanding shares have been sold short.
| Short Interest | 4.36M |
| Short Previous Month | 4.44M |
| Short % of Shares Out | 10.66% |
| Short % of Float | 10.77% |
| Short Ratio (days to cover) | 11.64 |
Income Statement
In the last 12 months, Varex Imaging had revenue of $855.80 million and earned $41.90 million in profits. Earnings per share was $0.91.
| Revenue | 855.80M |
| Gross Profit | 277.20M |
| Operating Income | 60.40M |
| Pretax Income | 19.30M |
| Net Income | 41.90M |
| EBITDA | 94.50M |
| EBIT | 59.90M |
| Earnings Per Share (EPS) | $0.91 |
Balance Sheet
The company has $188.90 million in cash and $470.60 million in debt, giving a net cash position of -$281.70 million or -$6.89 per share.
| Cash & Cash Equivalents | 188.90M |
| Total Debt | 470.60M |
| Net Cash | -281.70M |
| Net Cash Per Share | -$6.89 |
| Equity (Book Value) | 576.10M |
| Book Value Per Share | 14.09 |
| Working Capital | 497.80M |
Cash Flow
In the last 12 months, operating cash flow was $98.20 million and capital expenditures -$25.80 million, giving a free cash flow of $72.40 million.
| Operating Cash Flow | 98.20M |
| Capital Expenditures | -25.80M |
| Free Cash Flow | 72.40M |
| FCF Per Share | $1.78 |
Margins
Gross margin is 32.39%, with operating and profit margins of 7.06% and 4.90%.
| Gross Margin | 32.39% |
| Operating Margin | 7.06% |
| Pretax Margin | 2.26% |
| Profit Margin | 4.90% |
| EBITDA Margin | 11.04% |
| EBIT Margin | 7.00% |
| FCF Margin | 8.46% |
Dividends & Yields
Varex Imaging does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.73% |
| Shareholder Yield | -1.73% |
| Earnings Yield | 7.03% |
| FCF Yield | 12.14% |
Analyst Forecast
The average price target for Varex Imaging is $30.00, which is 105.76% higher than the current price. The consensus rating is "Buy".
| Price Target | $30.00 |
| Price Target Difference | 105.76% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Varex Imaging has an Altman Z-Score of 1.99 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.99 |
| Piotroski F-Score | 6 |