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NASDAQ: VREX
Varex Imaging Corp Stock

$16.90-0.18 (-1.05%)
Updated Apr 25, 2024
VREX Price
$16.90
Fair Value Price
$17.38
Market Cap
$676.00M
52 Week Low
$16.62
52 Week High
$23.90
P/E
15.23x
P/B
1.19x
P/S
0.95x
PEG
1.21x
Dividend Yield
N/A
Revenue
$877.80M
Earnings
$44.60M
Gross Margin
32.4%
Operating Margin
7.72%
Profit Margin
5.1%
Debt to Equity
1.16
Operating Cash Flow
$122M
Beta
0.92
Next Earnings
May 2, 2024
Ex-Dividend
N/A
Next Dividend
N/A

VREX Overview

Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, radiation therapy, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and industrial inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. Varex Imaging Corporation sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. The company has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was founded in 2016 and is based in Salt Lake City, Utah.

Zen Score

Industry Average (27)
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Due Diligence Checks

VREX ($16.90) is undervalued by 2.76% relative to our estimate of its Fair Value price of $17.38 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
VREX ($16.90) is not significantly undervalued (2.76%) relative to our estimate of its Fair Value price of $17.38 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
VREX ($16.90) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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VREX News

Valuation

VREX fair value

Fair Value of VREX stock based on Discounted Cash Flow (DCF)
Price
$16.90
Fair Value
$17.38
Undervalued by
2.76%
VREX ($16.90) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
VREX ($16.90) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
VREX ($16.90) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

VREX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
15.23x
Industry
29.73x
Market
40.97x
VREX is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
VREX is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

VREX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.19x
Industry
3.71x
VREX is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

VREX price to earnings growth (PEG)

For valuing profitable companies with growth potential
VREX is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

VREX's financial health

Profit margin

Revenue
$190.0M
Net Income
-$500.0k
Profit Margin
-0.3%
VREX's Earnings (EBIT) of $67.80M... subscribe to Premium to read more.
Interest Coverage Financials
VREX's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.2B
Liabilities
$659.3M
Debt to equity
1.16
VREX's short-term assets ($645.70M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
VREX's short-term assets ($645.70M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
VREX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
VREX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$10.3M
Investing
-$19.9M
Financing
-$1.7M
VREX's operating cash flow ($122.40M)... subscribe to Premium to read more.
Debt Coverage Financials

VREX vs Medical Device Stocks

TickerMarket Cap1d %P/EP/B
VREX$676.00M-1.05%15.23x1.19x
SILK$691.43M+0.46%-12.26x4.57x
KIDS$705.07M-4.04%-32.54x1.87x
TMCI$636.08M-3.47%-12.72x4.61x
CTKB$736.54M-0.53%-62.56x1.87x

Varex Imaging Stock FAQ

What is Varex Imaging's quote symbol?

(NASDAQ: VREX) Varex Imaging trades on the NASDAQ under the ticker symbol VREX. Varex Imaging stock quotes can also be displayed as NASDAQ: VREX.

If you're new to stock investing, here's how to buy Varex Imaging stock.

What is the 52 week high and low for Varex Imaging (NASDAQ: VREX)?

(NASDAQ: VREX) Varex Imaging's 52-week high was $23.90, and its 52-week low was $16.62. It is currently -29.27% from its 52-week high and 1.68% from its 52-week low.

How much is Varex Imaging stock worth today?

(NASDAQ: VREX) Varex Imaging currently has 40,000,000 outstanding shares. With Varex Imaging stock trading at $16.90 per share, the total value of Varex Imaging stock (market capitalization) is $676.00M.

Varex Imaging stock was originally listed at a price of $27.27 in Jan 30, 2017. If you had invested in Varex Imaging stock at $27.27, your return over the last 7 years would have been -38.03%, for an annualized return of -6.61% (not including any dividends or dividend reinvestments).

How much is Varex Imaging's stock price per share?

(NASDAQ: VREX) Varex Imaging stock price per share is $16.90 today (as of Apr 25, 2024).

What is Varex Imaging's Market Cap?

(NASDAQ: VREX) Varex Imaging's market cap is $676.00M, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Varex Imaging's market cap is calculated by multiplying VREX's current stock price of $16.90 by VREX's total outstanding shares of 40,000,000.
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