Varex Imaging Corporation

Varex Imaging Corporation

16.40
EUR
-0.10
(-0.61%)
0.47EPS
19.59P/E
381.44MMarket Cap
Nov 24Next Earn

Total Valuation

EUR

As of June 30, 2026, Varex Imaging Corporation carries a market capitalization of 381.44M, placing it among publicly traded companies globally. Its enterprise value stands at 633.79M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap381.44M
Enterprise Value633.79M

Important Dates

Varex Imaging Corporation's next confirmed earnings release is scheduled for November 24, 2026.

Earnings Date11/24/2026

Share Statistics

As of June 30, 2026, Varex Imaging Corporation has 42.15M shares outstanding.

Shares Outstanding42.15M

Valuation Ratios

As of June 30, 2026, Varex Imaging Corporation trades at a trailing price-to-earnings ratio of 19.59. The price-to-sales ratio is 0.50, and the price-to-book ratio stands at 0.88.

PE Ratio19.59
PS Ratio0.50
PB Ratio0.88
P/TBV Ratio1.52
P/FCF Ratio-21.59
P/OCF Ratio38.31

Enterprise Valuation

As of June 30, 2026, Varex Imaging Corporation trades at an EV/EBITDA multiple of 7.28 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.84 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 10.03 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Varex Imaging Corporation trades at an EV/FCF ratio of 294.05, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 633.79M versus a market cap of 381.44M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.84
EV / EBITDA7.28
EV / EBIT10.03
EV / FCF294.05

Financial Position

As of June 30, 2026, Varex Imaging Corporation maintains a current ratio of 3.38, meaning it holds 3.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 73.18, indicating elevated leverage, while an interest coverage ratio of 3.57 demonstrates adequate ability to service its debt obligations.

Current Ratio3.38
Quick Ratio1.30
Debt / Equity73.18
Debt / EBITDA3.75
Interest Coverage3.57

Financial Efficiency

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Over the twelve months ended June 30, 2026, Varex Imaging Corporation posted a return on equity (ROE) of 4.64, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.73 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 2.03, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.09, useful for judging operating efficiency across full business cycles. The company generates approximately 315,472.71 in revenue per employee across its workforce of 2,400.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.76 indicates how many times Varex Imaging Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)4.64
Return on Assets (ROA)2.03
Return on Invested Capital (ROIC)6.73
Return on Capital Employed (ROCE)5.09
Revenue Per Employee315,472.71
Employee Count2,400.00
Inventory Turnover1.76

Taxes

EUR

Over the twelve months ended June 30, 2026, Varex Imaging Corporation recorded 4.55M in income tax expense. That works out to an effective tax rate of 18.77, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 24.25M, leaving 19.34M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax4.55M
Effective Tax Rate18.77

Stock Price Statistics

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As of the close on October 22, 2026, Varex Imaging Corporation's stock has gained approximately 62.38% over the past 52 weeks. The 50-day moving average sits at 16.18, while the 200-day moving average is 11.65.

52-Week Price Change62.38%
50-Day Moving Average16.18
200-Day Moving Average11.65

Income Statement

EUR

Over the twelve months ended June 30, 2026, Varex Imaging Corporation generated 757.13M in revenue and converted that into 19.34M in net income, yielding earnings per share of 0.47. EBITDA reached 87.09M, while operating income came in at 63.20M.

Revenue757.13M
Gross Profit259.88M
Operating Income63.20M
Pretax Income24.25M
Net Income19.34M
EBITDA87.09M
EBIT63.20M
Earnings Per Share (EPS)0.47

Balance Sheet

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As of June 30, 2026, Varex Imaging Corporation holds 86.83M in cash and equivalents against 327.01M in total debt, resulting in a net debt position of 216.99M. Total book value stands at 434.67M, with working capital of 390.12M providing operational flexibility.

Cash & Cash Equivalents86.83M
Total Debt327.01M
Net Debt216.99M
Equity (Book Value)434.67M
Book Value Per Share10.31
Working Capital390.12M

Cash Flow

EUR

Varex Imaging Corporation produced 9.89M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -27.57M in capital expenditures, free cash flow totaled -17.68M - equivalent to -0.42 per share.

Operating Cash Flow9.89M
Capital Expenditures-27.57M
Free Cash Flow-17.68M
FCF Per Share-0.42

Margins

Over the twelve months ended June 30, 2026, Varex Imaging Corporation posted a gross margin of 34.32, reflecting its pricing power and cost economics. The operating margin of 8.35 and net profit margin of 2.55 provide insight into operational efficiency.

Gross Margin34.32
Operating Margin8.35
Pretax Margin3.20
Profit Margin2.55
EBITDA Margin11.50

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -4.63: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield reaches 7.11, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Varex Imaging Corporation shareholders.

Shareholder Yield7.11
FCF Yield-4.63

Scores

As of June 30, 2026, Varex Imaging Corporation has an Altman Z-Score of 2.29, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.29