Varex Imaging Statistics

Total Valuation

Varex Imaging has a market cap or net worth of $474.98 million. The enterprise value is $866.04 million.

Market Cap	474.98M
Enterprise Value	866.04M

Important Dates

The next estimated earnings date is Thursday, May 1, 2025, after market close.

Earnings Date	May 1, 2025
Ex-Dividend Date	n/a

Share Statistics

Varex Imaging has 41.23 million shares outstanding. The number of shares has decreased by -18.64% in one year.

Current Share Class	41.23M
Shares Outstanding	41.23M
Shares Change (YoY)	-18.64%
Shares Change (QoQ)	+0.49%
Owned by Insiders (%)	1.31%
Owned by Institutions (%)	97.21%
Float	40.69M

Valuation Ratios

PE Ratio	n/a
Forward PE	17.20
PS Ratio	0.60
Forward PS	0.57
PB Ratio	0.92
P/TBV Ratio	2.01
P/FCF Ratio	18.62
P/OCF Ratio	10.33
PEG Ratio	1.48

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.62, with an EV/FCF ratio of 33.57.

EV / Earnings	n/a
EV / Sales	1.06
EV / EBITDA	12.62
EV / EBIT	22.15
EV / FCF	33.57

Financial Position

The company has a current ratio of 4.36, with a Debt / Equity ratio of 1.08.

Current Ratio	4.36
Quick Ratio	2.33
Debt / Equity	1.08
Debt / EBITDA	7.98
Debt / FCF	23.19
Interest Coverage	1.27

Financial Efficiency

Return on equity (ROE) is -8.25% and return on invested capital (ROIC) is 2.22%.

Return on Equity (ROE)	-8.25%
Return on Assets (ROA)	1.90%
Return on Invested Capital (ROIC)	2.22%
Return on Capital Employed (ROCE)	3.31%
Revenue Per Employee	$356,870
Profits Per Employee	-$20,652
Employee Count	2,300
Asset Turnover	0.64
Inventory Turnover	1.94

Taxes

In the past 12 months, Varex Imaging has paid $55.00 million in taxes.

Income Tax	55.00M
Effective Tax Rate	679.01%

Stock Price Statistics

The stock price has decreased by -30.52% in the last 52 weeks. The beta is 0.57, so Varex Imaging's price volatility has been lower than the market average.

Beta (5Y)	0.57
52-Week Price Change	-30.52%
50-Day Moving Average	13.18
200-Day Moving Average	13.45
Relative Strength Index (RSI)	35.90
Average Volume (20 Days)	334,655

Short Selling Information

The latest short interest is 1.17 million, so 2.83% of the outstanding shares have been sold short.

Short Interest	1.17M
Short Previous Month	852,993
Short % of Shares Out	2.83%
Short % of Float	2.86%
Short Ratio (days to cover)	2.46

Income Statement

In the last 12 months, Varex Imaging had revenue of $820.80 million and -$47.50 million in losses. Loss per share was -$1.17.

Revenue	820.80M
Gross Profit	268.30M
Operating Income	39.10M
Pretax Income	3.00M
Net Income	-47.50M
EBITDA	68.60M
EBIT	39.10M
Loss Per Share	-$1.17

Full Income Statement

Balance Sheet

The company has $212.60 million in cash and $598.30 million in debt, giving a net cash position of -$385.70 million or -$9.35 per share.

Cash & Cash Equivalents	212.60M
Total Debt	598.30M
Net Cash	-385.70M
Net Cash Per Share	-$9.35
Equity (Book Value)	554.20M
Book Value Per Share	13.10
Working Capital	506.40M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $46.50 million and capital expenditures -$20.70 million, giving a free cash flow of $25.80 million.

Operating Cash Flow	46.50M
Capital Expenditures	-20.70M
Free Cash Flow	25.80M
FCF Per Share	$0.63

Full Cash Flow Statement

Margins

Gross margin is 32.69%, with operating and profit margins of 4.76% and -5.79%.

Gross Margin	32.69%
Operating Margin	4.76%
Pretax Margin	0.99%
Profit Margin	-5.79%
EBITDA Margin	8.36%
EBIT Margin	4.76%
FCF Margin	3.14%

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	18.64%
Shareholder Yield	18.64%
Earnings Yield	-9.89%
FCF Yield	5.37%

Analyst Forecast

The average price target for Varex Imaging is $22.50, which is 95.31% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$22.50
Price Target Difference	95.31%
Analyst Consensus	Strong Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

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 1.72 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.72
Piotroski F-Score	5