Varex Imaging (VREX) Financials

$18.47

$0.02 (0.11%)

As on 24-Sep-2026 16:00EDT

Market cap

$779 Mln

Revenue (TTM)

$865 Mln

P/E Ratio

34.9

P/B Ratio

1.6

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Operating Revenue	865.00	844.60	811.00	893.40	859.40	818.10
Cost of Revenue	568.10	554.10	554.10	603.10	575.90	546.60
Gross Profit	296.90	290.50	256.90	290.30	283.50	271.50
Operating Expenses	224.70	318.30	224.80	213.20	195.30	197.40
Operating Profit (EBIT)	72.20	-27.80	32.10	77.10	88.20	74.10
Other Income	--	--	--	--	-3.90	-3.40
Profit before Tax	27.70	-59.20	5.00	31.30	44.50	28.60
Provision for Tax	5.20	10.70	52.20	-16.60	13.70	10.70
Profit after Tax (Net Income)	22.10	-70.30	-47.70	47.40	30.30	17.40
Minority Interest	-0.40	-0.40	-0.50	-0.50	-0.50	-0.50
Consolidated Profit	--	--	--	--	30.30	17.40

Liabilities ($ Mln)	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Shareholder's Funds	496.60	472.60	535.10	567.70	533.40	483.30
Minority Interest	-0.40	--	--	--	13.30	13.20
Non-Current Liabilities	402.10	433.60	471.90	505.80	464.60	484.40
Current Liabilities	187.40	187.20	195.90	162.80	173.10	166.60
Total Liabilities	1,287.40	1,107.40	1,217.00	1,249.60	1,184.40	1,147.50

Assets ($ Mln)	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Non-Current Assets	446.80	465.60	567.10	591.30	574.50	593.30
Current Assets	633.10	641.80	649.90	658.30	609.90	554.20
Total Assets	1,287.40	1,107.40	1,217.00	1,249.60	1,184.40	1,147.50
Total Debt*	373.60	401.90	470.40	469.80	436.40	459.40
Net Current Assets	445.70	454.60	454.00	495.50	436.80	387.60

Cashflow ($ Mln)	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Cash From Operating Activities	--	41.70	47.30	108.40	16.90	92.60
Cash Flow from Investing Activities	--	10.30	-27.50	-44.90	-48.40	-16.20
Cash from Financing Activities	--	-75.90	-3.30	-0.20	-23.80	-32.30
Net Cash Inflow / Outflow	--	--	--	--	-55.30	44.10

Financials Ratios	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Adjusted EPS ($)	0.52	-1.68	-1.17	0.94	0.74	0.40
Cash EPS ($)	--	-1.03	-0.41	1.58	1.56	1.26
Adjusted Book Value ($)	--	11.31	13.12	11.24	13.04	11.11
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	1.00	1.16	2.15	0.41	2.13
Free Cash Flow per Share ($)	--	0.45	0.50	1.74	-0.11	1.78

Profitability Ratios	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
ROCE (%)	--	-7.48	-4.67	4.72	3.17	1.85
ROE (%)	4.46	-13.95	-8.65	8.61	5.96	3.72
ROA (%)	1.74	-6.05	-3.87	3.89	2.60	1.52
EBIT Margin (%)	5.16	-2.81	3.92	6.88	9.41	8.21
Net Margin (%)	2.55	-8.32	-5.88	5.31	3.54	2.14
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Revenue Growth (%)	5.31	0.04	-0.09	0.04	0.05	0.11
EBIT Growth (%)	224.93	-174.53	-48.29	-23.98	20.39	239.42
Net Profit Growth (%)	116.32	-47.38	-200.63	56.44	74.14	130.05
EPS Growth (%)	116.07	-0.44	-2.25	0.27	0.85	1.27
Book Value Growth (%)	6.25	--	--	--	--	--

Valuation Ratios	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Price / Earnings	34.89	-7.37	-10.20	20.02	28.54	70.50
Price / Book Value	1.57	1.10	0.91	1.67	1.62	2.54
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	12.71	218.61	12.02	12.93	10.46	14.75
Close Price ($)	10.43	12.40	11.92	18.79	21.14	28.20
High Price ($)	14.57	16.93	21.50	23.90	32.65	29.95
Low Price ($)	6.76	6.76	10.19	17.11	18.90	11.96
Market Cap ($ Cr)	779.32	--	--	--	--	--

Solvency Ratios	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Debt to Equity	0.66	0.85	0.88	0.83	0.82	0.95
Short term debt to equity ratio	0.05	0.01	0.09	0.01	0.01	0.02
Current Ratio	3.38	3.43	3.32	4.04	3.52	3.33
Quick Ratio	1.53	1.83	1.97	2.34	1.77	1.98
Interest Coverage	1.71	-0.67	1.02	2.10	1.97	1.55

Operating Efficiency Ratios	TTM	Sep-25	Sep-24	Sep-23	Sep-22	Sep-21	Sep-20	Sep-19	Sep-18	Sep-17	Sep-16
Debtors to sales (%)	16.73	18.64	19.45	18.39	20.17	18.98
Asset Turnover	0.68	0.73	0.66	0.73	0.74	0.72
Receivable days	--	68.13	72.51	69.01	69.83	62.30
Inventory Days	--	185.95	178.74	175.84	167.44	165.95
Payable days	--	42.52	40.80	43.27	43.44	44.00
Cash Conversion Cycle	--	211.57	210.44	201.58	193.82	184.25

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.