PRE vs QDEL vs VREX Stock Comparison

Prenetics Global, QuidelOrtho and Varex Imaging Prices as of Oct 28, 2026 Peers: Industry group
PRE Prenetics Global Ltd
$18.52 -18.6% 1M +51.4% 1Y
Market cap
$312.51M
P/E
–
Revenue (TTM)
$185.92M
Div. yield
–
Diagnostic Equipment Healthcare
3 wins
QDEL QuidelOrtho Corp
$14.01 +29.4% 1M -50.3% 1Y
Market cap
$956.88M
P/E
–
Revenue (TTM)
-$211.90M
Div. yield
–
Diagnostic Equipment Healthcare
2 wins
VREX Varex Imaging Corp
$18.45 -0.1% 1M +48.1% 1Y
Market cap
$777.63M
P/E
35.1x
Revenue (TTM)
$865.00M
Div. yield
–
Diagnostic Equipment Healthcare
3 wins

Head to Head

8 decided of 12

Prenetics Global leads on 3 of the 12 questions below (Prenetics Global 3, Varex Imaging 3, QuidelOrtho 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPREQDELVREXLeader
Larger companyMarket capitalisation $312.51M $956.88M $777.63M QDEL
Cheaper on earningsLower P/E, profitable companies only -3.7x -0.9x 35.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.7x 21.2x QDEL
Faster revenue growthRevenue growth, trailing twelve months +513.0% -30.8% +5.3% PRE
More profitableNet margin, trailing twelve months -38.2% — 2.6% VREX
Better return on capitalReturn on invested capital — — 6.9% –
Less leveragedLower net debt / EBITDA — — 2.5x –
Higher dividend yieldTrailing dividend yield 0.00% — — –
Better 1-year returnPrice return, last 12 months +51.4% -50.3% +48.1% PRE
Better 5-year returnAnnualised price return, 5 years -30.6%/yr -36.2%/yr -7.2%/yr VREX
Less volatileAnnualised volatility, 1 year 80.7% 92.9% 57.4% VREX
Higher overall scoreMean of the five percentile scores vs peers 51/100 22/100 51/100 PRE

Percentile Scorecard

PREQDELVREX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisPREQDELVREX
Valuation 35 #147 of 227 46 #124 of 227 86 #32 of 227
Growth 68 #70 of 219 1 #217 of 219 24 #167 of 219
Profitability 43 #117 of 205 – 67 #69 of 205
Financial Health 58 #101 of 237 10 #213 of 237 42 #138 of 237
Shareholder Returns – 31 #94 of 135 34 #89 of 135
Overall 51 22 51
  • PRE ranked among 247 companies in Medical Devices and Diagnostics
  • QDEL ranked among 247 companies in Medical Devices and Diagnostics
  • VREX ranked among 247 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPREQDELVREXSPY
1 month -18.6%+29.4%-0.1% +0.9%
3 months +2.8%-15.1%+68.5% +5.9%
6 months +6.4%+21.9%+67.3% +8.5%
Year to date +17.6%-50.9%+58.4% +13.3%
1 year +51.4%-50.3%+48.1% +12.4%
3 years +230.5%-77.0%+6.6% +88.1%
3 years, per year +49.0%-38.8%+2.2% +23.5%
5 years -83.8%-89.4%-31.3% +68.2%
5 years, per year -30.6%-36.2%-7.2% +11.0%
10 years —-28.0%— +263.4%
10 years, per year —-3.2%— +13.8%

Risk

MeasurePREQDELVREXSPY
Volatility, 1Y 80.7%92.9%57.4% 12.7%
Downside volatility, 1Y 73.9%100.7%49.8% 12.7%
Beta vs S&P 500, 1Y 1.532.621.10 1.00
Return / volatility, 1Y 0.64-0.540.84 0.98
Max drawdown, 5Y -97.6%-94.3%-78.8% -25.4%
From 52-week high -29.4%-60.4%-0.7% -0.9%
52-week high $26.25$35.38$18.58 $779.14
52-week low $11.79$9.96$9.32 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultiplePREQDELVREX
P/E now vs peer median -3.7xmedian 28.8x -0.9xmedian 28.8x 35.1xmedian 28.8x
P/S now vs peer median 1.7xmedian 3.0x -4.5xmedian 3.0x 0.9xmedian 3.0x
EV/EBITDA now vs peer median -4.2xmedian 17.4x —median 17.4x 10.2xmedian 17.4x
P/FCF now vs peer median -6.1xmedian 25.7x -4.5xmedian 25.7x -38.5xmedian 25.7x
P/B now vs peer median 3.4xmedian 2.4x 0.5xmedian 2.4x 1.5xmedian 2.4x
PEG now vs peer median -0.07median 1.03 0.01median 1.03 -9.17median 1.03

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsPREQDELVREX
Revenue $185.92M -$211.90M $865.00M
Gross profit $88.89M – $296.90M
Operating income -$61.83M – $72.20M
Net income -$71.99M -$1.05B $22.40M
Free cash flow -$51.49M -$211.20M -$20.20M
R&D $4.11M – $91.40M
EPS (diluted) $-5.06 $-15.35 $0.52
Cash & equivalents $59.05M $123.40M $99.20M
Total debt – $2.89B $347.10M
Shares (diluted) 14.05M 68.30M 42.60M
Enterprise value $176.24M $425.18M $323.33M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricPREQDELVREX
P/E -3.7x -0.9x 35.1x
P/FCF -6.1x -4.5x -38.5x
P/Operating cash flow -6.1x -16.7x 68.8x
P/S 1.7x -4.5x 0.9x
P/B 3.4x 0.5x 1.5x
P/Tangible book 3.4x -1.1x 1.6x
EV/EBITDA -4.2x – 10.2x
EV/EBIT -4.1x – 14.2x
EV/Revenue 1.4x -17.6x 1.2x
EV/FCF -4.9x -17.6x -50.8x
EV/Operating cash flow -4.9x -65.1x 90.8x
PEG (3Y EPS CAGR) -0.07 0.01 -9.17

Growth

14 metrics
MetricPREQDELVREX
Revenue growth (1Y) 513.0% -30.8% 5.3%
Revenue CAGR (3Y) 115.5% -27.0% -1.2%
Gross profit growth (1Y) 413.6% – 6.1%
Gross profit CAGR (3Y) 127.9% – 1.2%
Operating income growth (1Y) -49.2% – 297.8%
Operating income CAGR (3Y) -1.9% – -2.3%
Net income growth (1Y) -60.1% -124.8% 116.7%
Net income CAGR (3Y) -16.5% -107.7% -9.2%
EPS growth (1Y) -28.5% -122.8% 116.1%
EPS CAGR (3Y) 52.8% -106.5% -3.8%
Operating cash flow growth (1Y) – -128.5% -81.1%
Operating cash flow CAGR (3Y) – -27.1% -47.6%
Free cash flow growth (1Y) – -1,725% -155.5%
Free cash flow CAGR (3Y) – -30.1% -33.5%

Profitability

14 metrics
MetricPREQDELVREX
Gross margin 47.8% – 34.3%
EBITDA margin -32.6% – 11.7%
Operating margin -33.3% – 8.3%
Pretax margin -24.2% – 3.2%
Net margin -38.2% – 2.6%
FCF margin -27.7% – -2.3%
Operating cash flow margin -27.7% 27.0% 1.3%
Return on equity -67.3% – 4.5%
Return on assets -43.8% – 2.1%
Return on invested capital – – 6.9%
Return on capital employed -48.3% – 8.0%
Asset turnover 1.1x 0.0x 0.8x
Cash conversion (OCF / net income) 0.7x 0.1x 0.5x
Stock comp / revenue 3.4% -20.9% 1.7%

Financial Health

11 metrics
MetricPREQDELVREX
Debt / assets – 50.6% 31.6%
Debt / equity – 1.6x 0.7x
Net debt / EBITDA – – 2.5x
Debt / FCF – -13.7x -17.2x
Liabilities / assets 39.5% 68.9% 53.6%
Equity / assets 60.5% 31.1% 46.4%
Interest coverage – – 1.9x
Current ratio 4.0x 1.4x 3.4x
Quick ratio 1.8x 0.5x 1.3x
Cash ratio 1.6x 0.1x 0.5x
Altman Z-score – – 2.29

Shareholder Returns

7 metrics
MetricPREQDELVREX
Dividend yield – – –
Net buyback yield – -0.5% -0.4%
Shareholder yield 0.0% -0.5% -0.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusPREQDELVREX
Forward P/E – 18.7xFY2026 21.2xFY2026
EPS, next fiscal year $-3.42FY2026 $0.75FY2026 $0.87FY2026
EPS growth, next FY – -64.6%FY2026 -3.3%FY2026
EPS growth, the year after – +101.3% +14.9%
Revenue, next fiscal year $234.43MFY2026 $2.67BFY2026 $829.68MFY2026
Revenue growth, next FY +153.7%FY2026 -2.0%FY2026 -1.8%FY2026
Revenue growth, the year after +65.3% +0.2% +2.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPREQDELVREX
Held by institutions 0.9% 100.0% 95.2%
Institutions holding 1 243 186
Change in shares held, QoQ – +2.9% -2.7%
Institutions buying 0 143 98
Institutions selling 0 65 58
Buyers to sellers – 2.20 1.69

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

PREQDELVREX
PRE 1.00 0.14 0.09
QDEL 0.14 1.00 0.23
VREX 0.09 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PRE, QDEL and VREX?

QuidelOrtho (QDEL) is the largest by market capitalisation: Prenetics Global (PRE) $312.51M, QuidelOrtho (QDEL) $956.88M, Varex Imaging (VREX) $777.63M.

Which company is growing faster?

Prenetics Global (PRE) grew revenue fastest over the trailing twelve months: Prenetics Global (PRE) +513.0%, QuidelOrtho (QDEL) -30.8%, Varex Imaging (VREX) +5.3%.

Which company is more profitable?

Varex Imaging (VREX) has the highest net margin (Prenetics Global (PRE) -38.2%, Varex Imaging (VREX) 2.6%).

Which stock has performed better?

Over the past year Prenetics Global (PRE) returned the most: Prenetics Global (PRE) +51.4%, QuidelOrtho (QDEL) -50.3%, Varex Imaging (VREX) +48.1%. Over five years, Varex Imaging (VREX) compounded fastest (Prenetics Global (PRE) -30.6%/yr, QuidelOrtho (QDEL) -36.2%/yr, Varex Imaging (VREX) -7.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Varex Imaging (VREX) has been the steadiest (Prenetics Global (PRE) 80.7%, QuidelOrtho (QDEL) 92.9%, Varex Imaging (VREX) 57.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PRE, QDEL and VREX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Prenetics Global (PRE) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.