Varex Imaging Corp Stock Gross Profit
| VREX Stock | USD 15.59 0.84 5.11% |
Varex Imaging Corp fundamentals help investors to digest information that contributes to Varex Imaging's financial success or failures. It also enables traders to predict the movement of Varex Stock. The fundamental analysis module provides a way to measure Varex Imaging's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Varex Imaging stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 333.8 M | 284.5 M | |
| Gross Profit Margin | 0.33 | 0.39 |
Varex | Gross Profit |
Varex Imaging Corp Company Gross Profit Analysis
Varex Imaging's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Varex Imaging Gross Profit | 283.5 M |
Most of Varex Imaging's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Varex Imaging Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Varex Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Varex Imaging is extremely important. It helps to project a fair market value of Varex Stock properly, considering its historical fundamentals such as Gross Profit. Since Varex Imaging's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Varex Imaging's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Varex Imaging's interrelated accounts and indicators.
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Varex Gross Profit Historical Pattern
Today, most investors in Varex Imaging Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Varex Imaging's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Varex Imaging gross profit as a starting point in their analysis.
Varex Imaging Gross Profit |
| Timeline |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Varex Imaging Corp reported 283.5 M of gross profit. This is 87.36% lower than that of the Health Care Equipment & Supplies sector and 82.42% lower than that of the Health Care industry. The gross profit for all United States stocks is 98.96% higher than that of the company.
Varex Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Varex Imaging's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Varex Imaging could also be used in its relative valuation, which is a method of valuing Varex Imaging by comparing valuation metrics of similar companies.Varex Imaging is currently under evaluation in gross profit category among related companies.
Varex Fundamentals
| Return On Equity | 0.0755 | ||||
| Return On Asset | 0.0309 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 932.74 M | ||||
| Shares Outstanding | 40.86 M | ||||
| Shares Owned By Insiders | 4.87 % | ||||
| Shares Owned By Institutions | 95.13 % | ||||
| Number Of Shares Shorted | 4.53 M | ||||
| Price To Earning | 33.13 X | ||||
| Price To Book | 1.23 X | ||||
| Price To Sales | 0.80 X | ||||
| Revenue | 893.4 M | ||||
| Gross Profit | 283.5 M | ||||
| EBITDA | 60.6 M | ||||
| Net Income | 48.7 M | ||||
| Cash And Equivalents | 99.6 M | ||||
| Cash Per Share | 2.50 X | ||||
| Total Debt | 469.5 M | ||||
| Debt To Equity | 0.83 % | ||||
| Current Ratio | 3.44 X | ||||
| Book Value Per Share | 14.10 X | ||||
| Cash Flow From Operations | 108.4 M | ||||
| Short Ratio | 12.62 X | ||||
| Earnings Per Share | 0.92 X | ||||
| Price To Earnings To Growth | 3.08 X | ||||
| Target Price | 27.88 | ||||
| Number Of Employees | 2.4 K | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 636.95 M | ||||
| Total Asset | 1.25 B | ||||
| Retained Earnings | 118.1 M | ||||
| Working Capital | 495.5 M | ||||
| Current Asset | 388.51 M | ||||
| Current Liabilities | 120.44 M | ||||
| Net Asset | 1.25 B |
About Varex Imaging Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Varex Imaging Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Varex Imaging using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Varex Imaging Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Varex Imaging in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Varex Imaging's short interest history, or implied volatility extrapolated from Varex Imaging options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Varex Imaging Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Varex Imaging's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Varex Imaging Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Varex Imaging Corp Stock:Check out Varex Imaging Piotroski F Score and Varex Imaging Altman Z Score analysis. Note that the Varex Imaging Corp information on this page should be used as a complementary analysis to other Varex Imaging's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Varex Stock analysis
When running Varex Imaging's price analysis, check to measure Varex Imaging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Varex Imaging is operating at the current time. Most of Varex Imaging's value examination focuses on studying past and present price action to predict the probability of Varex Imaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Varex Imaging's price. Additionally, you may evaluate how the addition of Varex Imaging to your portfolios can decrease your overall portfolio volatility.
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Is Varex Imaging's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Varex Imaging. If investors know Varex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Varex Imaging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Earnings Share 0.92 | Revenue Per Share 21.131 | Quarterly Revenue Growth (0.1) | Return On Assets 0.0309 |
The market value of Varex Imaging Corp is measured differently than its book value, which is the value of Varex that is recorded on the company's balance sheet. Investors also form their own opinion of Varex Imaging's value that differs from its market value or its book value, called intrinsic value, which is Varex Imaging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Varex Imaging's market value can be influenced by many factors that don't directly affect Varex Imaging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Varex Imaging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Varex Imaging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Varex Imaging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.