Zynex, Inc. (ZYXI)

NASDAQ: ZYXI · IEX Real-Time Price · USD
12.37
-0.21 (-1.67%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

Zynex has a market cap or net worth of $397.95 million. The enterprise value is $429.13 million.

Market Cap 397.95M
Enterprise Value 429.13M

Important Dates

The last earnings date was Thursday, February 23, 2023, after market close.

Earnings Date Feb 23, 2023
Ex-Dividend Date n/a

Share Statistics

Zynex has 32.17 million shares outstanding. The number of shares has decreased by -7.63% in one year.

Shares Outstanding 32.17M
Shares Change (YoY) -7.63%
Shares Change (QoQ) -5.91%
Owned by Insiders (%) 50.63%
Owned by Institutions (%) 30.88%
Float 15.88M

Valuation Ratios

The trailing PE ratio is 45.81 and the forward PE ratio is 25.44.

PE Ratio 45.81
Forward PE 25.44
PS Ratio 2.16
Forward PS 1.72
PB Ratio 8.63
P/FCF Ratio 23.97
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.83, with an EV/FCF ratio of 25.85.

EV / Earnings 44.09
EV / Sales 2.33
EV / EBITDA 22.83
EV / EBIT 31.38
EV / FCF 25.85

Financial Position

The company has a current ratio of 4.74, with a Debt / Equity ratio of 1.65.

Current Ratio 4.74
Quick Ratio 3.88
Debt / Equity 1.65
Debt / EBITDA 4.05
Debt / FCF 4.59
Interest Coverage 12.50

Financial Efficiency

Return on equity (ROE) is 16.80% and return on invested capital (ROIC) is 6.82%.

Return on Equity (ROE) 16.80%
Return on Assets (ROA) 7.10%
Return on Capital (ROIC) 6.82%
Revenue Per Employee $167,565
Profits Per Employee $8,847
Employee Count 1,100
Asset Turnover 1.34
Inventory Turnover 2.89

Taxes

In the past 12 months, Zynex has paid $2.85 million in taxes.

Income Tax 2.85M
Effective Tax Rate 22.63%

Stock Price Statistics

The stock price has increased by +5.64% in the last 52 weeks. The beta is 0.49, so Zynex's price volatility has been lower than the market average.

Beta (1Y) 0.49
52-Week Price Change +5.64%
50-Day Moving Average 12.31
200-Day Moving Average 9.72
Relative Strength Index (RSI) 46.48
Average Volume (30 Days) 274,365

Short Selling Information

The latest short interest is 5.83 million, so 18.11% of the outstanding shares have been sold short.

Short Interest 5.83M
Short Previous Month 5.88M
Short % of Shares Out 18.11%
Short % of Float 36.67%
Short Ratio (days to cover) 22.64

Income Statement

In the last 12 months, Zynex had revenue of $184.32 million and earned $9.73 million in profits. Earnings per share was $0.27.

Revenue 184.32M
Gross Profit 145.96M
Operating Income 10.78M
Pretax Income 12.58M
Net Income 9.73M
EBITDA 18.80M
EBIT 13.67M
Earnings Per Share (EPS) $0.27
Full Income Statement

Balance Sheet

The company has $44.99 million in cash and $76.17 million in debt, giving a net cash position of -$31.18 million or -$0.97 per share.

Cash & Cash Equivalents 44.99M
Total Debt 76.17M
Net Cash -31.18M
Net Cash Per Share -$0.97
Equity / Book Value 46.13M
Book Value Per Share 1.43
Working Capital 69.32M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $17.76 million and capital expenditures -$1.16 million, giving a free cash flow of $16.60 million.

Operating Cash Flow 17.76M
Capital Expenditures -1.16M
Free Cash Flow 16.60M
FCF Per Share $0.47
Full Cash Flow Statement

Margins

Gross margin is 79.19%, with operating and profit margins of 5.85% and 5.28%.

Gross Margin 79.19%
Operating Margin 5.85%
Pretax Margin 6.82%
Profit Margin 5.28%
EBITDA Margin 10.20%
EBIT Margin 7.42%
FCF Margin 9.01%

Dividends & Yields

Zynex 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 1
Payout Ratio n/a
Buyback Yield 7.63%
Shareholder Yield 7.63%
Earnings Yield 2.45%
FCF Yield 4.17%
Dividend Details

Analyst Forecast

The average price target for Zynex is $21.33, which is 72.43% higher than the current price. The consensus rating is "Strong Buy".

Price Target $21.33
Price Target Difference 72.43%
Analyst Consensus Strong Buy
Analyst Count 3
Revenue Growth Forecast (5Y) 23.32%
EPS Growth Forecast (5Y) 58.88%
Stock Forecasts

Stock Splits

The last stock split was on January 5, 2022. It was a forward split with a ratio of 11:10.

Last Split Date Jan 5, 2022
Split Type Forward
Split Ratio 11:10

Scores

Zynex has an Altman Z-Score of 5.19 and a Piotroski F-Score of 7.

Altman Z-Score 5.19
Piotroski F-Score 7