Varex Imaging Corporation (VREX)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | - | 818 | 859 | 893 | 811 | 845 | 865 | 866 |
| Operating profit | $m | -28 | 72 | ||||||
| Net profit | $m | - | 17 | 30 | 48 | -48 | -70 | 22 | 35 |
| EPS reported | $ | -1.70 | 0.52 | ||||||
| Operating cashflow per share | $ | 1.01 | -0.05 | ||||||
| Capex per share | $ | 0.55 | 0.68 | ||||||
| FCF per share | $ | 0.45 | -0.73 | ||||||
| Free cash flow | $m | 19 | -20 | ||||||
| Net debt | $m | 217 | 274 | ||||||
| Book value equity | $m | 473 | 497 | ||||||
| Book value per share | $ | 11.42 | 11.66 | ||||||
| Number of shares | m | 41.4 | 42.6 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | 35.18 | ||||||
| P/B LTM | x | 1.05 | 1.00 | ||||||
| P/S LTM | x | 0.59 | 0.57 | ||||||
| P/FCF LTM | x | 26.29 | -24.47 | ||||||
| EV/EBITDA LTM | x | 214.63 | 8.64 | ||||||
| EV/Sales LTM | x | 0.89 | 1.19 | ||||||
| Earnings Yield LTM | % | -14.22% | +2.84% | ||||||
| FCF Yield | % | +3.80% | -4.09% | ||||||
| Quality | |||||||||
| ROE | % | -14.88% | +4.60% | ||||||
| ROIC | % | -3.00% | +6.41% | ||||||
| Operating margin | % | -3.29% | +8.35% | ||||||
| Gross margin | % | +34.39% | +34.32% | ||||||
| FCF/Sales | % | +2.23% | -3.56% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +4.14% | +6.66% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | -7.84% | - | ||||||
| Operating Profit Growth | % | - | +124.92% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 0.05 | -0.05 | ||||||
| Net Debt/EBITDA | x | 73.40 | 2.93 | ||||||
| EBIT/Net interest | x | -0.78 | 1.86 | ||||||
| Net debt/market cap | % | +75.32% | +44.67% | ||||||
| Net debt/Equity | x | 0.46 | 0.55 | ||||||
| Gross debt/equity | x | 0.85 | 0.75 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Varex Imaging Corporation (VREX) specializes in the development and production of X-ray imaging components. Its operations are divided into two primary divisions: Medical and Industrial. Within the Medical segment, Varex provides a comprehensive range of X-ray imaging components. These include essential hardware like X-ray tubes, digital detectors, and high-voltage connectors, alongside sophisticated software solutions for image processing, 3D reconstruction, and computer-aided diagnostics. The segment also supplies critical ancillary devices such as collimators, generators, and automatic exposure control mechanisms. These medical products serve a wide spectrum of applications, from general diagnostic imaging like radiography and fluoroscopy, to specialized areas such as mammography, computed tomography (CT), cardiac procedures, dental imaging, and surgical applications. They are also vital for radiation therapy, oncology, and advanced computer-aided detection systems. The Industrial segment focuses on providing X-ray technology for security and industrial inspection. Its offerings include Linatron X-ray accelerators, X-ray tubes, digital detectors, and high-voltage connectors. These components are crucial for diverse applications such as airport security scanning, cargo screening at border crossings, and nondestructive testing across various industries. Varex distributes its products through multiple channels, including direct sales to end-users, partnerships with imaging system Original Equipment Manufacturers (OEMs), independent service providers, and a network of distributors. With a significant global footprint, the company maintains operations across North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Established in 2016, Varex Imaging Corporation is headquartered in Salt Lake City, Utah.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Varex Imaging Corporation (VREX)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Varex Imaging Corporation (VREX) specializes in the development and production of X-ray imaging components. Its operations are divided into two primary divisions: Medical and Industrial. Within the Medical segment, Varex provides a comprehensive range of X-ray imaging components. These include essential hardware like X-ray tubes, digital detectors, and high-voltage connectors, alongside sophisticated software solutions for image processing, 3D reconstruction, and computer-aided diagnostics. The segment also supplies critical ancillary devices such as collimators, generators, and automatic exposure control mechanisms. These medical products serve a wide spectrum of applications, from general diagnostic imaging like radiography and fluoroscopy, to specialized areas such as mammography, computed tomography (CT), cardiac procedures, dental imaging, and surgical applications. They are also vital for radiation therapy, oncology, and advanced computer-aided detection systems. The Industrial segment focuses on providing X-ray technology for security and industrial inspection. Its offerings include Linatron X-ray accelerators, X-ray tubes, digital detectors, and high-voltage connectors. These components are crucial for diverse applications such as airport security scanning, cargo screening at border crossings, and nondestructive testing across various industries. Varex distributes its products through multiple channels, including direct sales to end-users, partnerships with imaging system Original Equipment Manufacturers (OEMs), independent service providers, and a network of distributors. With a significant global footprint, the company maintains operations across North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Established in 2016, Varex Imaging Corporation is headquartered in Salt Lake City, Utah.
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