Varex Imaging Statistics
Total Valuation
Varex Imaging has a market cap or net worth of $512.40 million. The enterprise value is $806.80 million.
Important Dates
The next estimated earnings date is Tuesday, November 12, 2024, after market close.
| Earnings Date | Nov 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Varex Imaging has 40.86 million shares outstanding. The number of shares has increased by 24.92% in one year.
| Shares Outstanding | 40.86M |
| Shares Change (YoY) | +24.92% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 1.07% |
| Owned by Institutions (%) | 98.54% |
| Float | 40.41M |
Valuation Ratios
The trailing PE ratio is 15.66 and the forward PE ratio is 22.90. Varex Imaging's PEG ratio is 1.91.
| PE Ratio | 15.66 |
| Forward PE | 22.90 |
| PS Ratio | 0.61 |
| Forward PS | 0.60 |
| PB Ratio | 0.88 |
| P/FCF Ratio | 12.14 |
| PEG Ratio | 1.91 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 10.24, with an EV/FCF ratio of 19.12.
| EV / Earnings | 23.59 |
| EV / Sales | 0.97 |
| EV / EBITDA | 10.24 |
| EV / EBIT | 17.73 |
| EV / FCF | 19.12 |
Financial Position
The company has a current ratio of 3.34, with a Debt / Equity ratio of 0.79.
| Current Ratio | 3.34 |
| Quick Ratio | 1.76 |
| Debt / Equity | 0.79 |
| Debt / EBITDA | 5.53 |
| Debt / FCF | 11.14 |
| Interest Coverage | 1.53 |
Financial Efficiency
Return on equity (ROE) is 6.09% and return on invested capital (ROIC) is 2.73%.
| Return on Equity (ROE) | 6.09% |
| Return on Assets (ROA) | 2.31% |
| Return on Capital (ROIC) | 2.73% |
| Revenue Per Employee | $346,958 |
| Profits Per Employee | $14,250 |
| Employee Count | 2,400 |
| Asset Turnover | 0.68 |
| Inventory Turnover | 1.95 |
Taxes
| Income Tax | -31.20M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -29.55% in the last 52 weeks. The beta is 0.55, so Varex Imaging's price volatility has been lower than the market average.
| Beta (5Y) | 0.55 |
| 52-Week Price Change | -29.55% |
| 50-Day Moving Average | 11.75 |
| 200-Day Moving Average | 15.25 |
| Relative Strength Index (RSI) | 61.62 |
| Average Volume (20 Days) | 406,813 |
Short Selling Information
The latest short interest is 1.50 million, so 3.67% of the outstanding shares have been sold short.
| Short Interest | 1.50M |
| Short Previous Month | 2.47M |
| Short % of Shares Out | 3.67% |
| Short % of Float | 3.71% |
| Short Ratio (days to cover) | 1.30 |
Income Statement
In the last 12 months, Varex Imaging had revenue of $832.70 million and earned $34.20 million in profits. Earnings per share was $0.80.
| Revenue | 832.70M |
| Gross Profit | 267.80M |
| Operating Income | 45.50M |
| Pretax Income | 3.00M |
| Net Income | 34.20M |
| EBITDA | 78.80M |
| EBIT | 45.50M |
| Earnings Per Share (EPS) | $0.80 |
Full Income StatementBalance Sheet
The company has $190.00 million in cash and $470.30 million in debt, giving a net cash position of -$280.30 million or -$6.86 per share.
| Cash & Cash Equivalents | 190.00M |
| Total Debt | 470.30M |
| Net Cash | -280.30M |
| Net Cash Per Share | -$6.86 |
| Equity (Book Value) | 595.30M |
| Book Value Per Share | 14.22 |
| Working Capital | 454.70M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $68.50 million and capital expenditures -$26.30 million, giving a free cash flow of $42.20 million.
| Operating Cash Flow | 68.50M |
| Capital Expenditures | -26.30M |
| Free Cash Flow | 42.20M |
| FCF Per Share | $1.03 |
Full Cash Flow StatementMargins
Gross margin is 32.16%, with operating and profit margins of 5.46% and 4.11%.
| Gross Margin | 32.16% |
| Operating Margin | 5.46% |
| Pretax Margin | 0.42% |
| Profit Margin | 4.11% |
| EBITDA Margin | 9.46% |
| EBIT Margin | 5.46% |
| FCF Margin | 5.07% |
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 | -24.92% |
| Shareholder Yield | -24.92% |
| Earnings Yield | 6.67% |
| FCF Yield | 8.24% |
Analyst Forecast
The average price target for Varex Imaging is $25.50, which is 103.35% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $25.50 |
| Price Target Difference | 103.35% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 2.04 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.04 |
| Piotroski F-Score | 6 |