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Valuation: Zynex Inc.

Market Cap 3.83M 3.31M 3.05M 2.86M 5.36M 364M 5.44M 36.13M 14.04M 177M 14.37M 14.06M 613M P/E Ratio 2023
40.3x
P/E Ratio 2024 89x
Enterprise Value 38.02M 32.87M 30.28M 28.36M 53.18M 3.62B 53.99M 359M 139M 1.76B 143M 140M 6.09B EV / Sales 2023
2.17x
EV / Sales 2024 1.5x
Free-Float
38.37%
Yield 2023 *
-
Yield 2024 -
Manager TitleAgeSince
Chief Executive Officer 53 2025-08-17
Director of Finance/CFO 50 2025-08-17
General Counsel 53 2025-08-17
Director TitleAgeSince
Director/Board Member 50 2026-03-25
Director/Board Member 53 2026-03-25
Change 5-day change 1-year change 3-year change Capi.($)
+1.63%+29.33% - - 1.69M
-1.33%-2.63%+13.05%-9.43% 177B
-0.45%-1.85%-21.31%+31.43% 146B
-0.38%-3.50%-12.03%-23.48% 128B
-0.55%-3.97%-52.81%-8.52% 70.11B
-0.76%-2.68%+12.77%+1.20% 49.38B
+0.67%-0.06%-25.59%-33.84% 44.23B
+0.22%-6.16%+8.45%+12.13% 36.59B
-1.17%-5.56%+2.74%+42.62% 35.32B
+1.04%+2.15%-11.20%-15.46% 29.35B
Average -0.11%-2.17%-9.55%-0.37% 79.55B
Weighted average by Cap. -0.56%-2.08%-9.04%-0.86%

Financials

2023 2024
Net sales 184M 159M 147M 137M 258M 17.53B 262M 1.74B 676M 8.53B 692M 677M 29.53B 192M 166M 153M 143M 269M 18.29B 273M 1.82B 705M 8.9B 722M 706M 30.81B
Net income 9.73M 8.41M 7.75M 7.26M 13.61M 926M 13.82M 91.84M 35.68M 450M 36.52M 35.74M 1.56B 2.99M 2.59M 2.38M 2.23M 4.19M 285M 4.25M 28.25M 10.98M 139M 11.24M 11M 480M
Net Debt 31.59M 27.31M 25.16M 23.56M 44.18M 3B 44.85M 298M 116M 1.46B 119M 116M 5.06B 34.19M 29.56M 27.23M 25.51M 47.83M 3.25B 48.55M 323M 125M 1.58B 128M 126M 5.48B
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.
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