Varex Imaging Corporation is a leading innovator, designer and manufacturer of X-ray imaging components including X-ray tubes, flat panel and photon counting detectors and accessories, linear accelerators, image software processing solutions, and stand-alone X-ray based systems in select application areas. Our components are used in medical diagnostic imaging, security inspection systems, and i…
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$865M
▲ +4.1% YoY
Net Income (TTM)
$22M
▼ -44.1% YoY
Op. Margin
8.35%
▼ -7.2pp YoY
ROIC
7.69%
▼ -4.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$20M
▼ -7.8% YoY
Op. Cash Flow (TTM)
$11M
▼ -11.8% YoY
Net Debt
$280M
Cash & Equiv.
$99M
5Y CAGR: +2.7%
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Peers
Electronic Components, NEC · Pick stocks to compare with VREX
Held by ETFs
VREX is in 31 US ETFs. The largest of them, with VREX's weight in each:
Varex Imaging (VREX) in four numbers
Questions about Varex Imaging
Is Varex Imaging (VREX) overvalued?
At $18.51, Varex Imaging's price is 108% above the $8.91 a share fair value that Intrinsiqq's calculator gets from its earnings. It trades at 35.60 times earnings. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.
What is Varex Imaging's fair value?
Intrinsiqq's calculator puts Varex Imaging's fair value at $8.91 a share. It grows earnings per share 0% a year for 5 years, applies an exit P/E of 27.6, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of $6.68. Every input can be changed on the Intrinsic Value tab.
Is Varex Imaging a high-quality business?
Varex Imaging scores 10 out of 100 on Intrinsiqq's quality score, which makes it a lower-quality business on these measures. The score blends 7 checks computed from SEC filings. Its best check is share count change at 2.4%, and its weakest is return on capital at 7.7%. The Quality tab shows every check against its target.
Does Varex Imaging (VREX) pay a dividend?
No. Varex Imaging (VREX) does not currently pay a dividend. The last payment in our data was in 2017, and nothing has been paid since. Nor has its share count fallen meaningfully over the last twelve months, so cash is kept in the business. The Dividends tab shows its cash returns.
Source: 10-Q filed 3 Aug 2026 (period ending 3 Jul 2026), SEC. Price: last close 4 Nov 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.
Spot a number that looks wrong? Check it in VREX's SEC filings or
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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