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Valuation: Zynex Inc.

Market Cap 3.83M 3.34M 3.09M 2.89M 5.42M 361M 5.46M 36.66M 14.2M 178M 14.37M 14.06M 618M P/E 2023
40.3x
P/E 2024 89x
Enterprise Value 38.02M 33.15M 30.66M 28.73M 53.8M 3.59B 54.23M 364M 141M 1.77B 143M 140M 6.13B 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.($)
-.--%-.--% - - 1.69M
+0.63%-2.32%+18.35%-13.53% 173B
+1.14%-1.48%-20.16%+23.51% 144B
-0.33%-2.00%-8.88%-26.73% 125B
+0.76%-3.99%-55.32%-16.62% 67.32B
+0.78%+1.87%+18.09%-4.98% 50.3B
-0.58%-0.49%-24.84%-35.17% 44.09B
+2.20%-1.92%+9.99%+4.90% 35.89B
-0.44%-1.20%+4.74%+32.04% 34.9B
+0.72%-4.53%-14.33%-21.69% 28.02B
Average +0.49%-2.12%-8.04%-6.48% 78.07B
Weighted average by Cap. +0.54%-2.00%-6.60%-6.45%

Financials

2023 2024
Net sales 184M 161M 149M 139M 261M 17.38B 263M 1.76B 684M 8.56B 692M 677M 29.73B 192M 168M 155M 145M 272M 18.14B 274M 1.84B 714M 8.93B 722M 706M 31.02B
Net income 9.73M 8.49M 7.85M 7.35M 13.77M 918M 13.88M 93.17M 36.1M 452M 36.53M 35.74M 1.57B 2.99M 2.61M 2.41M 2.26M 4.24M 282M 4.27M 28.66M 11.11M 139M 11.24M 11M 483M
Net Debt 31.59M 27.55M 25.47M 23.87M 44.7M 2.98B 45.06M 302M 117M 1.47B 119M 116M 5.09B 34.19M 29.82M 27.57M 25.84M 48.38M 3.22B 48.77M 327M 127M 1.59B 128M 126M 5.51B
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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