Stocktoria
Varex Imaging Corp VREX
Varex Imaging Corp (VREX) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $844.6M at a -8.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.411 |
| Retained earnings / assets | -0.005 |
| EBIT / assets | -0.025 |
| Equity / liabilities | 0.784 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| VREX | Varex Imaging Corp | 6/9 | 3.33 | — | +4.1% |
| VICR | VICOR CORP | 7/9 | 16.9 | 123.2 | +26.1% |
| PI | IMPINJ INC | 5/9 | 0.81 | — | -1.4% |
| NSYS | NORTECH SYSTEMS INC | 4/9 | 4.24 | — | -7.6% |
| MPTI | M-tron Industries, Inc. | 4/9 | — | 50.7 | +11% |
| ESP | ESPEY MFG & ELECTRONICS CORP | 5/9 | 7.67 | 24.5 | +13.5% |
| OST | Ostin Technology Group Co., Ltd. | 3/9 | -5.25 | — | +22.2% |
About Varex Imaging Corp
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. It operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers. This segment's products are used in a range of applications, including CT, mammography, oncology, cardiac, surgery, dental, and other diagnostic radiography uses. The Industrial segment designs, develops, manufactures, sells, and services Linatron X-ray linear accelerators, non-intrusive cargo inspection systems, X-ray tubes, digital detectors, high voltage connectors, and coolers for use in security and inspection applications, such as baggage screening at airports, cargo screening at ports and borders, and nondestructive testing, irradiation, and inspection in various applications. It 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, Latin America, Europe, the Middle East, India, Africa, Asia, and Australia. The company was incorporated in 2016 and is headquartered in Salt Lake City, Utah.
FAQ
Is VREX financially healthy?
Varex Imaging Corp's Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does VREX pay a dividend?
No, Varex Imaging Corp does not currently pay a dividend.
How profitable is VREX?
In FY2025, Varex Imaging Corp had a net margin of -8.3% and a return on equity of -14.4%.
Is VREX overvalued or undervalued?
Varex Imaging Corp trades at about 17.2× trailing earnings — below its 10-year norm (10-year range 16.9×–75.0×, median 36.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for VREX?
The average Wall-Street price target for Varex Imaging Corp is $18.00, about 2.4% below the recent price, from 5 analysts.
Is VREX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Varex Imaging Corp: a Piotroski F-score of 6/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-10-03. Facts plus Stocktoria's own computed scores — not investment advice.