Varex Imaging Statistics
Total Valuation
Varex Imaging has a market cap or net worth of $701.16 million. The enterprise value is $1.04 billion.
| Market Cap | 701.16M |
| Enterprise Value | 1.04B |
Important Dates
The next estimated earnings date is Tuesday, April 30, 2024, after market close.
| Earnings Date | Apr 30, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Varex Imaging has 40.60 million shares outstanding.
| Shares Outstanding | 40.60M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -19.28% |
| Owned by Insiders (%) | 4.91% |
| Owned by Institutions (%) | 109.74% |
| Float | 40.18M |
Valuation Ratios
The trailing PE ratio is 17.77 and the forward PE ratio is 16.00. Varex Imaging's PEG ratio is 3.08.
| PE Ratio | 17.77 |
| Forward PE | 16.00 |
| PS Ratio | 0.81 |
| Forward PS | 0.81 |
| PB Ratio | 1.24 |
| P/FCF Ratio | 7.31 |
| PEG Ratio | 3.08 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.19, with an EV/FCF ratio of 10.70.
| EV / Earnings | 23.23 |
| EV / Sales | 1.18 |
| EV / EBITDA | 10.19 |
| EV / EBIT | 15.28 |
| EV / FCF | 10.70 |
Financial Position
The company has a current ratio of 4.30, with a Debt / Equity ratio of 0.83.
| Current Ratio | 4.30 |
| Quick Ratio | 1.87 |
| Debt / Equity | 0.83 |
| Debt / EBITDA | 4.62 |
| Debt / FCF | 4.85 |
| Interest Coverage | 1.58 |
Financial Efficiency
Return on equity (ROE) is 8.20% and return on invested capital (ROIC) is 11.83%.
| Return on Equity (ROE) | 8.20% |
| Return on Assets (ROA) | 3.60% |
| Return on Capital (ROIC) | 11.83% |
| Revenue Per Employee | $381,652 |
| Profits Per Employee | $19,391 |
| Employee Count | 2,300 |
| Asset Turnover | 0.72 |
| Inventory Turnover | 1.73 |
Taxes
| Income Tax | -19.80M |
| Effective Tax Rate | -79.84% |
Stock Price Statistics
The stock price has decreased by -5.85% in the last 52 weeks. The beta is 0.71, so Varex Imaging's price volatility has been lower than the market average.
| Beta (1Y) | 0.71 |
| 52-Week Price Change | -5.85% |
| 50-Day Moving Average | 17.41 |
| 200-Day Moving Average | 19.26 |
| Relative Strength Index (RSI) | 41.31 |
| Average Volume (30 Days) | 338,479 |
Short Selling Information
The latest short interest is 4.58 million, so 11.29% of the outstanding shares have been sold short.
| Short Interest | 4.58M |
| Short Previous Month | 4.39M |
| Short % of Shares Out | 11.29% |
| Short % of Float | 11.41% |
| Short Ratio (days to cover) | 13.57 |
Income Statement
In the last 12 months, Varex Imaging had revenue of $877.80 million and earned $44.60 million in profits. Earnings per share was $0.98.
| Revenue | 877.80M |
| Gross Profit | 284.10M |
| Operating Income | 68.30M |
| Pretax Income | 24.80M |
| Net Income | 44.60M |
| EBITDA | 101.70M |
| EBIT | 67.80M |
| Earnings Per Share (EPS) | $0.98 |
Balance Sheet
The company has $141.30 million in cash and $469.70 million in debt, giving a net cash position of -$328.40 million or -$8.09 per share.
| Cash & Cash Equivalents | 141.30M |
| Total Debt | 469.70M |
| Net Cash | -328.40M |
| Net Cash Per Share | -$8.09 |
| Equity / Book Value | 568.90M |
| Book Value Per Share | 14.01 |
| Working Capital | 495.60M |
Cash Flow
In the last 12 months, operating cash flow was $122.40 million and capital expenditures -$25.60 million, giving a free cash flow of $96.80 million.
| Operating Cash Flow | 122.40M |
| Capital Expenditures | -25.60M |
| Free Cash Flow | 96.80M |
| FCF Per Share | $2.38 |
Margins
Gross margin is 32.37%, with operating and profit margins of 7.78% and 5.08%.
| Gross Margin | 32.37% |
| Operating Margin | 7.78% |
| Pretax Margin | 2.83% |
| Profit Margin | 5.08% |
| EBITDA Margin | 11.59% |
| EBIT Margin | 7.72% |
| FCF Margin | 11.03% |
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 | -1.25% |
| Shareholder Yield | -1.25% |
| Earnings Yield | 6.30% |
| FCF Yield | 13.68% |
Analyst Forecast
The average price target for Varex Imaging is $27.00, which is 56.34% higher than the current price. The consensus rating is "Buy".
| Price Target | $27.00 |
| Price Target Difference | 56.34% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| 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 2.14 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.14 |
| Piotroski F-Score | 5 |