Varex Imaging (Varex Imaging) EV-to-EBIT : 19.74 (As of Jun. 01, 2024)

Varex Imaging EV-to-EBIT Chart

Varex Imaging Annual Data
	Trend	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
EV-to-EBIT		Get a 7-Day Free Trial					34.60	-18.56	21.43	14.93	18.82

Varex Imaging Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial															15.38	17.94	18.82	22.73	22.36

Competitive Comparison of Varex Imaging's EV-to-EBIT

For the Medical Devices subindustry, Varex Imaging's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Varex Imaging's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Varex Imaging's EV-to-EBIT falls into.

Varex Imaging EV-to-EBIT Calculation

Varex Imaging's EV-to-EBIT for today is calculated as:

Varex Imaging's current Enterprise Value is $913.7 Mil.
Varex Imaging's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $46.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Varex Imaging  (NAS:VREX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Varex Imaging's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Varex Imaging's Enterprise Value for the quarter that ended in Mar. 2024 was $1,035.3 Mil.
Varex Imaging's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $46.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Varex Imaging EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Varex Imaging's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Varex Imaging (Varex Imaging) Business Description