• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 520265 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414786932 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414786932 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Top 3 Companies in the Health Care Equipment Industry With the Lowest EV/EBITDA Ratio (ZYXI, TGX, OFIX)

Published on Thu, 06/20/2013 - 11:13
By Peter Chu

Below are the three companies in the Health Care Equipment industry with the lowest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Zynex (NASDAQ:ZYXI) is lowest with an EV/EBITDA ratio of 4.71. Zynex Inc., through its subsidiary, markets electro therapy products which help improve life of patients who have functional disabilities. The Company's products include muscle stimulation, inferential, and TENS devices. Zynex products are intended for home use for stroke rehabilitation, spinal cord injury rehabilitation, incontinence, and other applications. Thus far today, Zynex has traded 0 shares, vs. average volume of 18,000 shares per day. The stock has outperformed the Dow (15.6% to the Dow's -1.4%) and outperformed the S&P 500 (15.6% to the S&P's -1.4%) during today's trading.

Theragenics (NYSE:TGX) is next with an EV/EBITDA ratio of 5.09.

Finishing up the bottom three is Orthofix International (NASDAQ:OFIX), with an EV/EBITDA ratio of 5.85.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Dollar Tree: The Winning Streak Continue...

Shares of Dollar Tree (NASDAQ:DLTR) traded today at $61.00, breaking its 52-week high. ...

Watch for Continued Gains in Shares of W...

Shares of Walt Disney (NYSE:DIS) traded at a new 52-week high today of $91.98. So far ...

DineEquity Looks to Continue to Trade Ab...

Shares of DineEquity (NYSE:DIN) traded today at $91.11, breaking its 52-week high. Thi ...

Watch for Continued Gains in Shares of D...

Dice Holdings (NYSE:DHX) traded today at a new 52-week high of $9.81. So far today app ...

Depomed: 52-Week High Recently Eclipsed ...

Shares of Depomed (NASDAQ:DEPO) traded at a new 52-week high today of $16.00. So far t ...

Shares of DCT Industrial Trust Have Rise...

DCT Industrial Trust (NYSE:DCT) traded at a new 52-week high today of $8.62. So far to ...

Shares of California Water Service Rise ...

Shares of California Water Service (NYSE:CWT) traded at a new 52-week high today of $25 ...

Watch for Continued Gains in Shares of C...

CVS Caremark (NYSE:CVS) traded at a new 52-week high today of $87.16. This new high wa ...