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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Varex Imaging's share price for the quarter that ended in Mar. 2026 was €9. Varex Imaging's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 42.1 Mil. Therefore, Varex Imaging's market cap for the quarter that ended in Mar. 2026 was €379.3 Mil.
Varex Imaging's quarterly market cap
declined
from Sep. 2025 (€425.2 Mil) to Dec. 2025 (€417.1 Mil) and
declined
from Dec. 2025 (€417.1 Mil) to Mar. 2026 (€379.3 Mil).
Varex Imaging's annual market cap
declined
from Sep. 2023 (€717.4 Mil) to Sep. 2024 (€431.5 Mil) and
declined
from Sep. 2024 (€431.5 Mil) to Sep. 2025 (€425.2 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Varex Imaging's Enterprise Value for Today is €657.6 Mil.
Varex Imaging (FRA:VI4) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Varex Imaging Market Cap Related Terms
Varex Imaging Market Cap Historical Data
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The historical data trend for Varex Imaging's Market Cap can be seen below:
* 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.
For the Medical Devices subindustry, Varex Imaging's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's Market Cap distribution charts can be found below:
* The bar in red indicates where Varex Imaging's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Varex Imaging's Market Cap for the fiscal year that ended in Sep. 2025 is calculated as
* 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 (FRA:VI4) has a Market Cap of €393.4 Mil as of Jul. 21, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Varex Imaging and its competitors. According to the industry distribution chart, Varex Imaging ranks #270 out of 865 companies in the Medical Devices & Instruments industry, placing it in the top 31.2%.
Is Varex Imaging's Market Cap too high?
Varex Imaging's current Market Cap is €393.4 Mil. Based on the distribution chart, Varex Imaging ranks #270 out of 865 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Varex Imaging has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Varex Imaging's Market Cap compare to VMD and DCTH?
According to the Medical Devices & Instruments industry distribution chart, Varex Imaging ranks #270 out of 865 companies for Market Cap. This puts Varex Imaging in the upper half of its industry. The industry median Market Cap is 111.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Medical Devices & Instruments company?
The median Market Cap among Medical Devices & Instruments companies is 111.74, based on 865 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Varex Imaging and its competitors. For the Medical Devices & Instruments industry, the median Market Cap is 111.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varex Imaging's current Market Cap is €393.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varex Imaging stock overvalued right now?
Varex Imaging (FRA:VI4) has a current Market Cap of €393.4 Mil. The stock's GF Value™ is €11.99, compared to a current price of €9.10 — trading 24.1% below its estimated fair value. The current Market Cap is €393.4 Mil. Varex Imaging's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Varex Imaging (FRA:VI4), the current Market Cap is €393.4 Mil as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Varex Imaging (FRA:VI4) Overvalued in 2026?
Based on GuruFocus' analysis, Varex Imaging stock appears to be undervalued.
The current stock price of €9.10 is trading 24.1% below its estimated GF Value™ of €11.99.
Key valuation signals for FRA:VI4:
Market Cap: €393.4 Mil
GF Value™: €11.99 vs. price of €9.10 (24.1% below fair value)
No single metric tells the full story. See the FRA:VI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varex Imaging Corp Designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, detectors, ionization chambers, high-voltage connectors, software, collimators, generators, exposure control devices, and heat exchangers.. The company operates through two segments: Medical, the key revenue driver, providing X-ray imaging components and accessories for healthcare applications, and Industrial, which provides Linatron X-ray accelerators, X-ray tubes, flat panel detectors, high-voltage connectors, and coolers for non-medical use. Geographically, it generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), with the rest coming from the Americas and Asia Pacific.
69GF Score
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