← BackVarex Imaging Corp · Electronic Components, NECVREX
Low riskNext report: Around Nov 17 (est.)
The short versionA company still losing money with steady sales.
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 2% from their holdings in the quarter ending June 2026 (97 bought, 79 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$18.43+0.1% that day
- Company value
- $776M
- Share price times all shares
- Price vs profit (P/E)
- 34.8x
- You pay about $35 for each $1 of yearly profit
- Price vs sales
- 0.90x
- Company value is 0.90 times a year of sales
- Cash vs value
- 13%
- Cash as a share of company value
- Debt vs value
- 47%
- Debt as a share of company value
From VREX's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jul '26$210.5M+3.7% vs a year earlier
Sep '23Tap a barJul '26
Last 12 months: $865.0M, up 5.3% from the 12 months before. Over 5 years, sales grew about 2.7% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-13.8%
- MissDebt under half of equityNot relying on borrowed money.0.77x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-8.3%
- MissProfitable every yearSteady profits, not one good year.7 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$18.8M
- PassShare count not growingNot diluting owners. Falling means buybacks.-0.5% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.34.4%
- Revenue
- $844.6M
- +4.1% vs prior year
- 5-year growth
- +2.7%/yr
- revenue, per year
- Total debt
- $367.6M
- 0.77x equity
- Current ratio
- 3.89x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 3, 2026- Revenue
- $210.5M
- +3.7% YoY
- EPS
- $0.37
- vs -$2.15
- Op. margin
- 10.8%
- +50.6 pts
- Gross margin
- 36.4%
- +3.1 pts
- Free cash flow
- $12.0M
- Share count
- +2.7%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
58/ 100
- This week
- 2
- Normal week
- 1.4
- vs normal
- 1.4x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-2.0%Institutions cut 2.0% from their holdings. 97 bought, 79 sold.
Shares held by institutions40.5M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+1.4%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.7x · $347.1M debtShares outstandingLatest reported
42MNext reportAround Nov 17 (est.)Estimated from the same quarter last year
- Results filedAug 10
- Results filedMay 7
- Results filedFeb 10
- Results filedNov 18, 2025
- Results filedAug 7, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.