Valuation: Zynex Inc.

Market Cap 38.29L 33.56L 31.19L 28.64L 53.94L 37Cr 54.78L 3.71Cr 1.45Cr 18Cr 1.44Cr 1.41Cr 62Cr P/E 2023
40.3x
P/E 2024 89x
Enterprise Value 3.8Cr 3.33Cr 3.1Cr 2.84Cr 5.36Cr 367.12Cr 5.44Cr 37Cr 14Cr 179.42Cr 14Cr 14Cr 620.01Cr 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.($)
-.--%-.--% - - 16.93L
+0.57%-1.42%+30.01%-6.36% 19TCr
+0.07%-10.00%-4.75%-29.99% 13TCr
-2.68%-10.23%-33.99%+1.20% 12TCr
-0.51%+0.80%-58.60%-19.17% 6.42TCr
-0.21%-6.35%+10.20%-8.86% 4.87TCr
+0.17%+0.82%-24.52%-32.66% 4.38TCr
+0.45%-1.29%+19.12%+4.58% 3.75TCr
+0.89%-1.48%+31.66%+28.44% 3.61TCr
-0.86%-0.17%+101.35%+0.20% 2.91TCr
Average +0.12%-3.08%+7.83%-6.96% 7.82TCr
Weighted average by Cap. +0.30%-3.83%+2.13%-9.59%

Financials

2023 2024
Net sales 18Cr 16Cr 15Cr 14Cr 26Cr 1.78TCr 26Cr 178.57Cr 70Cr 869.78Cr 69Cr 68Cr 3.01TCr 19Cr 17Cr 16Cr 14Cr 27Cr 1.86TCr 28Cr 186.35Cr 73Cr 907.68Cr 72Cr 71Cr 3.14TCr
Net income 97.32L 85.3L 79.26L 72.79L 1.37Cr 94Cr 1.39Cr 9.43Cr 3.69Cr 46Cr 3.65Cr 3.57Cr 158.69Cr 29.94L 26.24L 24.38L 22.39L 42.17L 29Cr 42.83L 2.9Cr 1.13Cr 14Cr 1.12Cr 1.1Cr 49Cr
Net Debt 3.16Cr 2.77Cr 2.57Cr 2.36Cr 4.45Cr 305.01Cr 4.52Cr 31Cr 12Cr 149.06Cr 12Cr 12Cr 515.11Cr 3.42Cr 3Cr 2.78Cr 2.56Cr 4.82Cr 330.15Cr 4.89Cr 33Cr 13Cr 161.35Cr 13Cr 13Cr 557.57Cr
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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