Valuation: Zynex Inc.

Market Cap 38.29L 33.48L 30.88L 28.39L 53.79L 37Cr 54.71L 3.69Cr 1.45Cr 18Cr 1.44Cr 1.41Cr 62Cr P/E 2023
40.3x
P/E 2024 89x
Enterprise Value 3.8Cr 3.32Cr 3.07Cr 2.82Cr 5.34Cr 365.85Cr 5.43Cr 37Cr 14Cr 178.82Cr 14Cr 14Cr 616.34Cr EV / Sales 2023
2.17x
EV / Sales 2024 1.5x
Free-Float
38.37%
Yield 2023 *
-
Yield 2024 -
Manager TitleAgeSince
Chief Executive Officer 53 18/08/2025
Director of Finance/CFO 50 18/08/2025
General Counsel 53 18/08/2025
Director TitleAgeSince
Director/Board Member 50 26/03/2026
Director/Board Member 53 26/03/2026
Change 5-day change 1-year change 3-year change Capi.($)
+1.63%+29.33% - - 16.93L
+0.69%+5.51%+28.77%+2.47% 20TCr
+2.83%-6.03%-23.85%+10.24% 13TCr
+1.16%+5.63%+4.49%-15.24% 14TCr
+1.34%-3.29%-58.12%-17.63% 6.34TCr
-2.34%-6.03%+14.56%-5.03% 5.19TCr
+1.34%+1.46%-24.75%-32.52% 4.38TCr
-0.10%+4.76%+19.73%+14.35% 3.82TCr
+0.19%+2.72%+30.59%+40.14% 3.7TCr
+2.62%-1.91%-14.71%-21.86% 2.8TCr
Average +0.92%-2.41%-2.59%-2.79% 8.18TCr
Weighted average by Cap. +1.05%-2.03%+0.81%-2.26%

Financials

2023 2024
Net sales 18Cr 16Cr 15Cr 14Cr 26Cr 1.77TCr 26Cr 177.48Cr 70Cr 866.88Cr 69Cr 68Cr 2.99TCr 19Cr 17Cr 16Cr 14Cr 27Cr 1.85TCr 27Cr 185.21Cr 73Cr 904.65Cr 72Cr 71Cr 3.12TCr
Net income 97.32L 85.09L 78.49L 72.15L 1.37Cr 94Cr 1.39Cr 9.37Cr 3.68Cr 46Cr 3.65Cr 3.57Cr 157.76Cr 29.94L 26.18L 24.15L 22.2L 42.06L 29Cr 42.78L 2.88Cr 1.13Cr 14Cr 1.12Cr 1.1Cr 49Cr
Net Debt 3.16Cr 2.76Cr 2.55Cr 2.34Cr 4.44Cr 303.95Cr 4.51Cr 30Cr 12Cr 148.57Cr 12Cr 12Cr 512.06Cr 3.42Cr 2.99Cr 2.76Cr 2.54Cr 4.8Cr 329.01Cr 4.89Cr 33Cr 13Cr 160.81Cr 13Cr 13Cr 554.28Cr
Logo Zynex Inc.
Zynex, Inc. is a medical technology company specialized in the manufacturing and sale of non-invasive medical devices for pain management, rehabilitation, and patient monitoring. The Company’s devices are intended for pain management to reduce reliance on medications and provide rehabilitation and increased mobility through the utilization of non-invasive muscle stimulation, electromyography technology, interferential current, neuromuscular electrical stimulation and transcutaneous electrical nerve stimulation. The Company’s products include Zynex Medical Products, which includes NexWave, NeuroMove, InWave, E-Wave, M-Wave; Private Labeled Supplies, which includes Electrodes and Batteries; Private Labeled Rehabilitation Products, which include Comfortrac/Saunders, JetStream/Pain Management Technologies, LSO Back Braces, Bracing (Knee and Wrist), and Dynacomp, and Zynex Monitoring Solutions Products, which includes CM-1500, CM-1600, NiCO CO-Oximeter, and HemeOx tHb Oximeter.
Employees
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