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Company Analysis

Varex Imaging Corporation VREX

A comprehensive view of key metrics, scores, and financial health for Varex Imaging Corporation

Overview of Varex Imaging Corporation

VREX NMS
Healthcare Medical Devices Small Cap
Varex Imaging Corporation (VREX), is a Small Cap company, in the Medical Devices industry, last closed at $10.81, about 240.6% undervalued vs fair value, -15.7% 1Y return, ranked 317/1111 in sector.
$10.81
-0.46%
As of March 13, 2026
Previous close • Vol 90d: 42.1%
52-Week Range
Market Cap
$483.10M
Enterprise Value
$759.10M
Overall Score
Scores locked

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Top Beats

Quick Facts

Website https://www.vareximaging.com
HQ Salt Lake City, UT
Employees 2,400
Fiscal year Sep 30

Next Events

Earnings May 7 Estimated

Fair Value Snapshot

Bear Base Bull
$32
$37
$42
Current: $10.81 +241% vs base

Engine Room Money Flow™

Small Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$844.6M
4.1%%
Gross Profit
$290.5M
13.1%%
Operating Income
$66.1M
105.9%%
Net Income
$-70.3M
-44.1%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio
-26.7%
Poor

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$80.0M
425.5% of FCF

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
7
Active Leaks
0/7
Improving
0
High Impact
4
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Varex Imaging Corporation's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
65
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Moderate
68
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 95% Coverage
Trade-Off Triangle Visualization A ternary plot showing VREX's balance between Growth (18.2%), Profitability (39.5%), and Safety (42.3%). Growth 18% Safety 42% Profitability 40%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

30th percentile vs peers
31
Key Signals
Rev Growth YoY 4.1% 42p Revenue CAGR 3Y -0.6% 24p TSR -24.8% 36p EPS Growth YoY -42.0% 17p
Strengths
  • D/E Ratio in top 20% of peers (83.8%, 83th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • Net Debt/Ebitda in top 20% of peers (358.43, 98th percentile)
Risks
  • Eps Growth Yoy in bottom 20% of peers (-42.0%)
  • Growth below peer median (percentile: 30)

Profitability

66th percentile vs peers
66
Key Signals
Strengths
Risks
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Safety

70th percentile vs peers
71
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Varex Imaging Corporation.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$36.82
- - -
+240.6% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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