Varex Imaging Corporation (VREX)
NASDAQ: VREX · Real-Time Price · USD
18.48
-0.02 (-0.11%)
Aug 26, 2026, 4:00 PM EDT - Market closed

Varex Imaging Statistics

Total Valuation

Varex Imaging has a market cap or net worth of $778.89 million. The enterprise value is $1.06 billion.

Market Cap778.89M
Enterprise Value 1.06B

Important Dates

The last earnings date was Monday, August 10, 2026, before market open.

Earnings Date Aug 10, 2026
Ex-Dividend Date n/a

Share Statistics

Varex Imaging has 42.15 million shares outstanding. The number of shares has increased by 2.55% in one year.

Current Share Class 42.15M
Shares Outstanding 42.15M
Shares Change (YoY) +2.55%
Shares Change (QoQ) +1.43%
Owned by Insiders (%) 1.67%
Owned by Institutions (%) 98.92%
Float 41.45M

Valuation Ratios

The trailing PE ratio is 35.54 and the forward PE ratio is 18.11. Varex Imaging's PEG ratio is 1.51.

PE Ratio 35.54
Forward PE 18.11
PS Ratio 0.90
Forward PS 0.87
PB Ratio 1.57
P/TBV Ratio 2.72
P/FCF Ratio n/a
P/OCF Ratio 68.93
PEG Ratio 1.51
Financial Ratio History

Enterprise Valuation

EV / Earnings 47.88
EV / Sales 1.22
EV / EBITDA 10.63
EV / EBIT 14.66
EV / FCF n/a

Financial Position

The company has a current ratio of 3.38, with a Debt / Equity ratio of 0.74.

Current Ratio 3.38
Quick Ratio 1.31
Debt / Equity 0.74
Debt / EBITDA 3.58
Debt / FCF n/a
Interest Coverage 1.86

Financial Efficiency

Return on equity (ROE) is 4.59% and return on invested capital (ROIC) is 7.47%.

Return on Equity (ROE) 4.59%
Return on Assets (ROA) 4.15%
Return on Invested Capital (ROIC) 7.47%
Return on Capital Employed (ROCE) 7.91%
Weighted Average Cost of Capital (WACC) 8.82%
Revenue Per Employee $346,000
Profits Per Employee $8,840
Employee Count2,500
Asset Turnover 0.80
Inventory Turnover 1.76

Taxes

In the past 12 months, Varex Imaging has paid $5.20 million in taxes.

Income Tax 5.20M
Effective Tax Rate 18.77%

Stock Price Statistics

The stock price has increased by +62.11% in the last 52 weeks. The beta is 0.88, so Varex Imaging's price volatility has been lower than the market average.

Beta (5Y) 0.88
52-Week Price Change +62.11%
50-Day Moving Average 12.86
200-Day Moving Average 12.10
Relative Strength Index (RSI) 89.46
Average Volume (20 Days) 1,469,909

Short Selling Information

The latest short interest is 1.24 million, so 2.93% of the outstanding shares have been sold short.

Short Interest 1.24M
Short Previous Month 1.21M
Short % of Shares Out 2.93%
Short % of Float 2.98%
Short Ratio (days to cover) 1.35

Income Statement

In the last 12 months, Varex Imaging had revenue of $865.00 million and earned $22.10 million in profits. Earnings per share was $0.52.

Revenue865.00M
Gross Profit 296.90M
Operating Income 72.20M
Pretax Income 27.70M
Net Income 22.10M
EBITDA 99.50M
EBIT 72.20M
Earnings Per Share (EPS) $0.52
Full Income Statement

Balance Sheet

The company has $100.10 million in cash and $379.30 million in debt, with a net cash position of -$279.20 million or -$6.62 per share.

Cash & Cash Equivalents 100.10M
Total Debt 379.30M
Net Cash -279.20M
Net Cash Per Share -$6.62
Equity (Book Value) 510.50M
Book Value Per Share 11.78
Working Capital 445.70M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $11.30 million and capital expenditures -$31.50 million, giving a free cash flow of -$20.20 million.

Operating Cash Flow 11.30M
Capital Expenditures -31.50M
Depreciation & Amortization 27.30M
Net Borrowing -24.00M
Free Cash Flow -20.20M
FCF Per Share -$0.48
Full Cash Flow Statement

Margins

Gross margin is 34.32%, with operating and profit margins of 8.35% and 2.55%.

Gross Margin 34.32%
Operating Margin 8.35%
Pretax Margin 3.20%
Profit Margin 2.55%
EBITDA Margin 11.50%
EBIT Margin 8.35%
FCF Margin n/a

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 -2.55%
Shareholder Yield -2.55%
Earnings Yield 2.84%
FCF Yield -2.59%

Analyst Forecast

The average price target for Varex Imaging is $18.93, which is 2.44% higher than the current price. The consensus rating is "Hold".

Price Target $18.93
Price Target Difference 2.44%
Analyst Consensus Hold
Analyst Count 5
Revenue Growth Forecast (3Y) 3.11%
EPS Growth Forecast (3Y) 10.06%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 1.98 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.98
Piotroski F-Score 6