VAR Varian Medical Systems Inc

Price (delayed)

$175.27

Market cap

$16.1B

P/E Ratio

57.47

Dividend/share

N/A

EPS

$3.05

Enterprise value

$15.63B

Sector: Healthcare
Industry: Medical Instruments & Supplies

Highlights

The debt has plunged by 51% YoY and by 32% from the previous quarter
VAR's equity is up by 21% year-on-year and by 8% since the previous quarter
The price to earnings (P/E) is 20% higher than the 5-year quarterly average of 47.7 and 18% higher than the last 4 quarters average of 48.9
The revenue has contracted by 6% YoY

Key stats

What are the main financial stats of VAR
Market
Shares outstanding
91.84M
Market cap
$16.1B
Enterprise value
$15.63B
Valuations
Price to earnings (P/E)
57.47
Price to book (P/B)
7.15
Price to sales (P/S)
5.14
EV/EBIT
41.06
EV/EBITDA
32.55
EV/Sales
5.01
Earnings
Revenue
$3.12B
EBIT
$380.8M
EBITDA
$480.3M
Free cash flow
$434.4M
Per share
EPS
$3.05
Free cash flow per share
$4.75
Book value per share
$24.5
Revenue per share
$34.11
TBVPS
$39.75
Balance sheet
Total assets
$4.53B
Total liabilities
$2.28B
Debt
$311.7M
Equity
$2.24B
Working capital
$896.4M
Liquidity
Debt to equity
0.14
Current ratio
1.51
Quick ratio
1.03
Net debt/EBITDA
-0.96
Margins
EBITDA margin
15.4%
Gross margin
43.9%
Net margin
8.9%
Operating margin
10.6%
Efficiency
Return on assets
6.2%
Return on equity
13.7%
Return on invested capital
26.3%
Return on capital employed
13.7%
Return on sales
12.2%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

VAR stock price

How has the Varian Medical Systems stock price performed over time
Intraday
-0.27%
1 week
-0.61%
1 month
-0.05%
1 year
34.65%
YTD
0.15%
QTD
0.15%

Financial performance

How have Varian Medical Systems's revenue and profit performed over time
Revenue
$3.12B
Gross profit
$1.37B
Operating income
$330.4M
Net income
$277.5M
Gross margin
43.9%
Net margin
8.9%
The operating income is down by 14% year-on-year but it is up by 2.2% since the previous quarter
The operating margin has decreased by 9% YoY but it has increased by 3.9% from the previous quarter
The net margin has grown by 6% YoY and by 4.7% from the previous quarter
The revenue has contracted by 6% YoY

Growth

What is Varian Medical Systems's growth rate over time

Valuation

What is Varian Medical Systems stock price valuation
P/E
57.47
P/B
7.15
P/S
5.14
EV/EBIT
41.06
EV/EBITDA
32.55
EV/Sales
5.01
The price to earnings (P/E) is 20% higher than the 5-year quarterly average of 47.7 and 18% higher than the last 4 quarters average of 48.9
The EPS has grown by 3% from the previous quarter
VAR's equity is up by 21% year-on-year and by 8% since the previous quarter
VAR's P/B is 13% above its 5-year quarterly average of 6.3 and 13% above its last 4 quarters average of 6.3
The stock's P/S is 39% more than its 5-year quarterly average of 3.7 and 29% more than its last 4 quarters average of 4.0
The revenue has contracted by 6% YoY

Efficiency

How efficient is Varian Medical Systems business performance
The company's return on invested capital fell by 21% YoY
The ROE has contracted by 12% YoY and by 2.1% from the previous quarter
Varian Medical Systems's ROA has decreased by 11% YoY
The ROS has grown by 4.3% from the previous quarter

Dividends

What is VAR's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for VAR.

Financial health

How did Varian Medical Systems financials performed over time
The total assets is 99% more than the total liabilities
The current ratio rose by 17% YoY and by 8% QoQ
VAR's quick ratio is up by 17% year-on-year and by 4% since the previous quarter
The debt is 86% less than the equity
VAR's debt to equity has dropped by 59% year-on-year and by 36% since the previous quarter
The debt has plunged by 51% YoY and by 32% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.