Varex Imaging Corporation designs and manufactures X-ray imaging components. The company operates in two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, 3D reconstruction and computer-aided diagnostic software, collimators, automatic exposure control devices, generators, heat exchangers, ionization chambers, and buckys. This segment's products are used in a range of applications, including radiographic and fluoroscopic imaging, mammography, computed tomography, radiation therapy, oncology, CT, cardiac, surgery, dental, computer-aided detection, and other diagnostic radiography uses. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital detectors, and high voltage connectors for use in security and industrial inspection applications, such as airport security, cargo screening at ports and borders, and nondestructive testing and examination in various applications. Varex Imaging Corporation sells its products through imaging system original equipment manufacturers, independent service companies, and distributors, as well as directly to end-users. The company has operations in North America, South America, Europe, Russia, the Middle East, India, Africa, Asia, and Australia. Varex Imaging Corporation was founded in 2016 and is based in Salt Lake City, Utah.

Varex Imaging Corporation

QuidelOrtho provides diagnostic solutions and products aimed at enhancing healthcare through testing capabilities in both at-home and clinical settings. Self-described as offering solutions across the healthcare continuum.

QuidelOrtho

Varex Imaging is described as an independent supplier of medical X-ray tubes and image processing solutions, providing components used by X-ray imaging system manufacturers.

Metric
Company Name	Varex Imaging Corporation	QuidelOrtho
Symbol	VREX
MSH ID	COM:VAREXIMAGING	COM:QUIDEL
Market	STOCKS	PRIVATE
Sector	Healthcare	Healthcare & Health Services
Industry	Medical - Devices	Medical Devices and Diagnostics
Country	US	US
Stage
Employee Count	2.30K
Website	vareximaging.com	quidel.com
LinkedIn
Founders

Metric
Market Cap	574.64M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	811M
Revenue (LTM)
Revenue (NTM)
Gross Profit	256.90M
EBITDA	67.20M
Operating Income	32.10M
Net Income	-47.70M
EPS	-1.17
Diluted EPS	-1.17
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.32
Operating Profit Margin	0.08
EBITDA Margin	0.08
Net Profit Margin	0.05
Return on Equity	0.08
Return on Assets	0.04
Return on Capital Employed	0.06

COM:VAREXIMAGING

Varex Imaging

Last Close

16.51

22/11 21:00

Market Cap

574.64M

Beta: -

Volume Today

1.22M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	16.24
P/B Ratio	1.38
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.81
EV Multiple	5.40

Metric
Days Sales Outstanding	66.84
Days Payables Outstanding	39.16
Days Inventory Outstanding	182.02
Operating Cycle	248.95
Cash Conversion Cycle	203.98
Asset Turnover	0.71

Metric
Operating Cash Flow	108.40M
Free Cash Flow	87.70M
Cash Flow to Debt	0.26
Operating Cash Flow/Sales	0.14
Free Cash Flow Yield	0.07

Metric
Cash & Equivalents	168.70M
Accounts Receivable	9.80M
Inventory	264.80M
Goodwill	291M
Debt to Capitalization	0.45
Debt to Assets	0.38
Current Ratio	4.04
Quick Ratio	2.37

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.02
R&D to Revenue	0.09
SG&A to Revenue