Varex Imaging Corp.

  • Market Cap: Micro Cap
  • Industry: Pharmaceuticals & Biotechnology
  • ISIN: US92214X1063
USD
11.54
0.21 (1.85%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

215.44 k

Shareholding (Mar 2025)

FII

7.54%

Held by 97 FIIs

DII

33.66%

Held by 64 DIIs

Promoter

0.17%

How big is Varex Imaging Corp.?

22-Jun-2025

As of Jun 18, Varex Imaging Corp. has a market capitalization of 322.45 million and reported net sales of 827.50 million with a net profit of -41.40 million over the last four quarters. As of Sep 24, shareholder's funds are 535.10 million, and total assets are 1,217.00 million.

As of Jun 18, Varex Imaging Corp. has a market capitalization of 322.45 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the sum of net sales for the latest four quarters is 827.50 million, while the sum of net profit for the same period is -41.40 million.<BR><BR>As of Sep 24, the shareholder's funds are reported at 535.10 million, and the total assets amount to 1,217.00 million.

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What does Varex Imaging Corp. do?

22-Jun-2025

Varex Imaging Corporation supplies medical X-ray tubes and image processing solutions, operating as a micro-cap company with a market cap of $322.45 million. As of March 2025, it reported net sales of $213 million and a net profit of $7 million.

Overview:<BR>Varex Imaging Corporation is a supplier of medical X-ray tubes and image processing solutions, operating within the Pharmaceuticals & Biotechnology industry and classified as a micro-cap company.<BR><BR>Financial Snapshot:<BR>- Most recent Net Sales: 213 Million (Quarterly Results - Mar 2025)<BR>- Most recent Net Profit: 7 Million (Quarterly Results - Mar 2025)<BR>- Market-cap: USD 322.45 Million (Micro Cap)<BR><BR>Key Metrics:<BR>- Debt Equity: 0.63<BR>- Return on Equity: -7.66%<BR>- Price to Book: 0.59<BR><BR>Contact Details:<BR>- Address: 1678 S Pioneer Rd, SALT LAKE CITY UT: 84104-4205<BR>- Tel: 1 801 9725000, 1 801 9785274<BR>- Fax: 1 302 6365454<BR>- Website: https://www.vareximaging.com/

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Should I buy, sell or hold Varex Imaging Corp.?

22-Jun-2025

Who are in the management team of Varex Imaging Corp.?

22-Jun-2025

As of March 2022, Varex Imaging Corp.'s management team includes Dr. Ruediger Naumann-Etienne as Independent Chairman and Mr. Sunny Sanyal as President and CEO, along with independent directors such as Dr. Jocelyn Chertoff and Mr. Timothy Guertin.

As of March 2022, the management team of Varex Imaging Corp. includes the following individuals:<BR><BR>- Dr. Ruediger Naumann-Etienne, Independent Chairman of the Board<BR>- Mr. Sunny Sanyal, President, Chief Executive Officer, and Director<BR><BR>Additionally, the Board of Directors features several independent directors: Dr. Jocelyn Chertoff, Mr. Timothy Guertin, Mr. Jay Kunkel, Mr. Walter Rosebrough, and Ms. Christine Tsingos.

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Is Varex Imaging Corp. overvalued or undervalued?

20-Sep-2025

As of November 19, 2024, Varex Imaging Corp. is considered overvalued and risky, with concerning financial metrics including a negative P/E ratio of -12.47 and a negative ROE of -7.66%, indicating struggles in generating returns compared to its peers and the S&P 500.

As of 19 November 2024, Varex Imaging Corp. has moved from a fair to a risky valuation grade. The company appears to be overvalued, particularly given its key ratios: a Price to Book Value of 0.64, an EV to EBITDA of 8.64, and an EV to Sales of 0.84. In comparison to its peers, Varex Imaging Corp. has a P/E ratio of -12.47, while Avanos Medical, Inc. has a P/E of 9.80, indicating a stark difference in valuation metrics.<BR><BR>The company's financial performance is concerning, with a negative ROE of -7.66% and a modest ROCE of 5.96%. This suggests that Varex is struggling to generate returns on equity, which could further justify its risky valuation status. Although specific return data is not available, the lack of positive returns relative to the S&P 500 reinforces the notion that the stock may not be a favorable investment at this time.

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Is Varex Imaging Corp. technically bullish or bearish?

07-Oct-2025

As of October 3, 2025, Varex Imaging Corp. shows a mildly bullish trend with positive momentum from MACD indicators, but mixed signals from the RSI and underperformance compared to the S&P 500, including a year-to-date return of -18.71%.

As of 3 October 2025, the technical trend for Varex Imaging Corp. has changed from sideways to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish, indicating positive momentum. However, the weekly RSI is bearish, suggesting some weakness in the short term. The daily moving averages are bullish, supporting the overall positive trend. <BR><BR>In terms of returns, Varex has underperformed the S&P 500 across multiple periods, with a year-to-date return of -18.71% compared to the S&P's 14.18%, and a 3-year return of -46.07% versus the S&P's 82.57%. Overall, the current technical stance is mildly bullish, but the strength is tempered by mixed signals from the RSI and Bollinger Bands.

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Dashboard
1

Company has a low Debt to Equity ratio (avg) at times

 
2

Poor long term growth as Net Sales has grown by an annual rate of 1.28% and Operating profit at 81.68% over the last 5 years

 
3

Positive results in Jun 25

4

Risky -

5

High Institutional Holdings at 100%

6

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Pharmaceuticals & Biotechnology

stock-summary
Market cap

USD 484 Million (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.48

stock-summary
Return on Equity

-8.53%

stock-summary
Price to Book

1.06

Revenue and Profits:
Net Sales:
203 Million
(Quarterly Results - Jun 2025)
Net Profit:
-89 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
4.72%
0%
4.72%
6 Months
45.89%
0%
45.89%
1 Year
-29.51%
0%
-29.51%
2 Years
-38.62%
0%
-38.62%
3 Years
-44.63%
0%
-44.63%
4 Years
-59.29%
0%
-59.29%
5 Years
-27.56%
0%
-27.56%

Varex Imaging Corp. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
1.28%
EBIT Growth (5y)
81.68%
EBIT to Interest (avg)
1.63
Debt to EBITDA (avg)
4.58
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
0.85
Tax Ratio
100.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
6.87%
ROE (avg)
4.51%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.64
EV to EBIT
13.05
EV to EBITDA
8.64
EV to Capital Employed
0.78
EV to Sales
0.84
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.96%
ROE (Latest)
-7.66%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 63 Schemes (58.56%)

Foreign Institutions

Held by 97 Foreign Institutions (7.54%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -4.65% vs 6.56% in Mar 2025",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -1,354.93% vs 7,200.00% in Mar 2025",
        "dir": -1
      }
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        "Jun'25",
        "Mar'25",
        "Change(%)"
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          "val2": "212.90",
          "chgp": "-4.65%",
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          "val1": "20.00",
          "val2": "28.70",
          "chgp": "-30.31%",
          "chgp_class": "negative"
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        {
          "field": "Interest",
          "val1": "9.60",
          "val2": "10.40",
          "chgp": "-7.69%",
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          "val2": "0.20",
          "chgp": "-46,950.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-89.10",
          "val2": "7.10",
          "chgp": "-1,354.93%",
          "chgp_class": "negative"
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          "field": "Operating Profit Margin (Excl OI)",
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        "Sep'24",
        "Sep'23",
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          "chgp": "2.98%",
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          "field": "Exceptional Items",
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
203.00
212.90
-4.65%
Operating Profit (PBDIT) excl Other Income
20.00
28.70
-30.31%
Interest
9.60
10.40
-7.69%
Exceptional Items
-93.70
0.20
-46,950.00%
Consolidate Net Profit
-89.10
7.10
-1,354.93%
Operating Profit Margin (Excl OI)
65.00%
103.80%
-3.88%
USD in Million.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is -4.65% vs 6.56% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -1,354.93% vs 7,200.00% in Mar 2025

Annual Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
811.00
893.40
-9.22%
Operating Profit (PBDIT) excl Other Income
63.20
110.30
-42.70%
Interest
31.10
30.20
2.98%
Exceptional Items
0.90
-16.40
105.49%
Consolidate Net Profit
-47.20
48.70
-196.92%
Operating Profit Margin (Excl OI)
39.60%
86.30%
-4.67%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Sep 2024 is -9.22% vs 3.96% in Sep 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Sep 2024 is -196.92% vs 58.12% in Sep 2023

stock-summaryCompany CV
About Varex Imaging Corp. stock-summary
stock-summary
Varex Imaging Corp.
Pharmaceuticals & Biotechnology
Varex Imaging Corporation is a supplier of medical X-ray tubes and image processing solutions. The Company’s segments include Medical and Industrial. The X-ray imaging system manufacturers use the Company’s components for medical imaging, cargo screening and border security, to detect, diagnose and protect. The Medical business segment designs, manufactures, sells and services X-ray imaging components for use in a range of applications, including radiographic or fluoroscopic imaging, mammography, special procedures, computed tomography, radiation therapy and computer-aided detection. The Industrial business segment designs, manufactures, sells and services products for use in security and industrial inspection applications, such as cargo screening at ports and borders and non-destructive examination in a range of applications.
Company Coordinates stock-summary
Company Details
1678 S Pioneer Rd , SALT LAKE CITY UT : 84104-4205
stock-summary
Tel: 1 801 97250001 801 9785274
stock-summary
Registrar Details