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Valuation: Zynex Inc.

Market Cap 3.83M 3.31M 3.05M 2.85M 5.35M 364M 5.43M 35.98M 14.03M 177M 14.37M 14.06M 613M P/E Ratio 2023
40.3x
P/E Ratio 2024 89x
Enterprise Value 38.02M 32.84M 30.26M 28.33M 53.09M 3.61B 53.91M 357M 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 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% - - 1.69M
-1.33%-0.73%+13.00%-10.38% 177B
-0.45%-2.61%-19.87%+31.06% 146B
-0.38%-2.28%-12.19%-24.34% 128B
-0.55%-3.38%-52.40%-8.38% 70.11B
-0.76%-0.99%+12.15%-0.54% 49.38B
+0.67%-0.06%-25.59%-33.84% 44.23B
+0.22%-4.13%+9.19%+9.53% 36.59B
-1.17%-2.69%+1.70%+38.38% 35.32B
+1.04%+0.79%-10.85%-16.72% 29.35B
Average -0.04%-2.17%-9.43%-1.69% 79.55B
Weighted average by Cap. -0.51%-2.08%-8.79%-1.82%

Financials

2023 2024
Net sales 184M 159M 147M 137M 257M 17.52B 261M 1.73B 675M 8.53B 692M 677M 29.53B 192M 166M 153M 143M 269M 18.28B 273M 1.81B 705M 8.9B 722M 707M 30.81B
Net income 9.73M 8.41M 7.75M 7.25M 13.59M 925M 13.8M 91.46M 35.66M 450M 36.52M 35.75M 1.56B 2.99M 2.59M 2.38M 2.23M 4.18M 285M 4.24M 28.14M 10.97M 139M 11.24M 11M 480M
Net Debt 31.59M 27.28M 25.14M 23.53M 44.1M 3B 44.79M 297M 116M 1.46B 119M 116M 5.06B 34.19M 29.53M 27.21M 25.47M 47.74M 3.25B 48.48M 321M 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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