Valuation: Zynex Inc.

Market Cap 38.29L 34.16L 31.82L 28.96L 54.54L 37Cr 54.94L 3.85Cr 1.5Cr 19Cr 1.44Cr 1.41Cr 60Cr P/E 2023
40.3x
P/E 2024 89x
Enterprise Value 3.8Cr 3.39Cr 3.16Cr 2.88Cr 5.42Cr 366.18Cr 5.46Cr 38Cr 15Cr 186.89Cr 14Cr 14Cr 600.74Cr 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
+3.35%-0.27%+24.56%+35.89% 25TCr
+3.34%-2.69%+2.89%+2.00% 16TCr
+3.71%-2.00%-10.14%+40.12% 14TCr
-0.47%-3.88%-56.43%-17.96% 6.14TCr
+2.44%+0.46%+13.18%+20.82% 5.03TCr
+1.19%-2.07%-21.67%-20.22% 4.67TCr
+2.09%-2.24%+20.93%+55.22% 4.83TCr
+3.70%+1.25%-4.33%+40.74% 4.59TCr
+3.51%-0.64%+34.02%+65.46% 4.32TCr
Average +2.29%-2.32%+0.34%+24.68% 9.39TCr
Weighted average by Cap. +2.91%-2.77%+4.27%+25.34%

Financials

2023 2024
Net sales 18Cr 16Cr 15Cr 14Cr 26Cr 1.78TCr 26Cr 185.11Cr 72Cr 906.01Cr 69Cr 68Cr 2.91TCr 19Cr 17Cr 16Cr 15Cr 27Cr 1.85TCr 28Cr 193.17Cr 75Cr 945.49Cr 72Cr 71Cr 3.04TCr
Net income 97.32L 86.82L 80.88L 73.61L 1.39Cr 94Cr 1.4Cr 9.77Cr 3.8Cr 48Cr 3.65Cr 3.57Cr 153.76Cr 29.94L 26.71L 24.88L 22.65L 42.65L 29Cr 42.96L 3.01Cr 1.17Cr 15Cr 1.12Cr 1.1Cr 47Cr
Net Debt 3.16Cr 2.82Cr 2.63Cr 2.39Cr 4.5Cr 304.22Cr 4.53Cr 32Cr 12Cr 155.27Cr 12Cr 12Cr 499.1Cr 3.42Cr 3.05Cr 2.84Cr 2.59Cr 4.87Cr 329.3Cr 4.91Cr 34Cr 13Cr 168.07Cr 13Cr 13Cr 540.24Cr
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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