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Varex Imaging Corp VREX

Morningstar Rating
$17.08 −0.19 (1.10%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VREX is trading at a 23% discount.
Price
$17.17
Fair Value
$51.24
Uncertainty
High
1-Star Price
$65.24
5-Star Price
$42.17
Economic Moat
Xyxc
Capital Allocation
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News

Trading Information

Previous Close Price
$17.27
Day Range
$16.9917.46
52-Week Range
$16.6223.90
Bid/Ask
$16.73 / $17.08
Market Cap
$693.77 Mil
Volume/Avg
292,308 / 354,406

Key Statistics

Price/Earnings (Normalized)
14.99
Price/Sales
0.98
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys among others. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors and high voltage connectors among others. It has manufacturing, research, and development operation in the United States, Europe, Philippines and China, and sales and service operations throughout the world.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Core
Total Number of Employees
2,300

Comparables

Valuation

Metric
VREX
688607
GBT
Price/Earnings (Normalized)
14.9920.09
Price/Book Value
1.221.321.17
Price/Sales
0.984.630.56
Price/Cash Flow
10.8392.035.48
Price/Earnings
VREX
688607
GBT

Financial Strength

Metric
VREX
688607
GBT
Quick Ratio
1.878.761.06
Current Ratio
4.3010.332.54
Interest Coverage
1.77−12.853.89
Quick Ratio
VREX
688607
GBT

Profitability

Metric
VREX
688607
GBT
Return on Assets (Normalized)
4.25%−1.66%2.26%
Return on Equity (Normalized)
9.56%−1.79%5.91%
Return on Invested Capital (Normalized)
6.70%−1.92%4.06%
Return on Assets
VREX
688607
GBT
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