Valuation: Zynex Inc.

Market Cap 38.29L 33.46L 30.93L 28.58L 53.82L 37Cr 54.79L 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 2.84Cr 5.34Cr 365.21Cr 5.44Cr 37Cr 14Cr 178.83Cr 14Cr 14Cr 615.77Cr 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
+0.62%+5.26%+28.46%+2.23% 20TCr
+2.93%-5.83%-23.69%+10.47% 13TCr
+0.80%+5.00%+3.86%-15.76% 14TCr
+2.16%-2.81%-57.91%-17.22% 6.34TCr
-1.84%-5.77%+14.88%-4.76% 5.19TCr
+1.56%+1.75%-24.53%-32.33% 4.38TCr
+0.68%+5.39%+20.44%+15.04% 3.82TCr
+0.75%+2.91%+30.84%+40.40% 3.7TCr
+2.68%-1.72%-14.54%-21.70% 2.8TCr
Average +1.22%-2.41%-2.47%-2.63% 8.18TCr
Weighted average by Cap. +1.20%-2.03%+0.75%-2.26%

Financials

2023 2024
Net sales 18Cr 16Cr 15Cr 14Cr 26Cr 1.77TCr 26Cr 177.58Cr 70Cr 866.95Cr 69Cr 68Cr 2.99TCr 19Cr 17Cr 16Cr 14Cr 27Cr 1.85TCr 28Cr 185.31Cr 73Cr 904.73Cr 72Cr 71Cr 3.12TCr
Net income 97.32L 85.05L 78.62L 72.64L 1.37Cr 93Cr 1.39Cr 9.38Cr 3.68Cr 46Cr 3.66Cr 3.57Cr 157.61Cr 29.94L 26.16L 24.19L 22.35L 42.08L 29Cr 42.84L 2.88Cr 1.13Cr 14Cr 1.12Cr 1.1Cr 48Cr
Net Debt 3.16Cr 2.76Cr 2.55Cr 2.36Cr 4.44Cr 303.42Cr 4.52Cr 30Cr 12Cr 148.58Cr 12Cr 12Cr 511.59Cr 3.42Cr 2.99Cr 2.76Cr 2.55Cr 4.81Cr 328.44Cr 4.89Cr 33Cr 13Cr 160.82Cr 13Cr 13Cr 553.76Cr
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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