Lumexa Imaging Holdings, Inc. (LMRI) vs VAREX IMAGING (VREX)

Lumexa Imaging Holdings, Inc. and VAREX IMAGING are both Medical Devices companies. Lumexa Imaging Holdings, Inc. is the larger, with a market value of $949.2M against $784.3M — 1.2× the size. Lumexa Imaging Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; VAREX IMAGING trades at 34.8×. VAREX IMAGING has the higher net margin (2.55% vs −2.78%) and the lower return on invested capital (5.95% vs 48.1%). Across the 17 metrics below, Lumexa Imaging Holdings, Inc. leads on 9 and VAREX IMAGING on 8.

Valuation

Metric LMRI VREX Medical Devices median
P/E n/m 34.81 22.18
P/S 0.55 0.90 2.70
P/B 1.59 1.52 2.46
Price to free cash flow 65.63 n/m 22.53
EV/EBITDA 1.57 10.15 11.78
EV/Sales 1.00 1.18 2.38
Earnings yield (6.99%) 2.87% (8.22%)
Free cash flow yield 1.52% (2.60%) (7.80%)

Profitability

Metric LMRI VREX Medical Devices median
Gross margin 63.41% 34.32% 56.01%
Operating margin 61.03% 8.35% (15.03%)
Net margin (2.78%) 2.55% (20.40%)
Free cash flow margin 0.83% (2.34%) (7.24%)
Return on equity 0.00% 4.51% (15.32%)
Return on assets (5.51%) 2.03% (19.72%)
Return on invested capital 48.10% 5.95% (10.33%)

Growth

Metric LMRI VREX Medical Devices median
Revenue growth (TTM) — 5.31% 8.80%
EPS growth (last fiscal year) 51.01% (45.30%) —
Revenue growth, 5-year CAGR — 2.73% 15.23%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric LMRI VREX Medical Devices median
Debt to equity 1.42 0.68 0.07
Current ratio 1.44 3.38 2.50
Net debt to EBITDA 5.06 2.21 0.49

Dividend

Metric LMRI VREX Medical Devices median
Dividend yield — — 0.94%
Payout ratio — 0.00 0.00

Size

Metric LMRI VREX Medical Devices median
Market cap 949.22m 784.30m 172.91m

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