Accuray Incorporated (ARAY) Stock

Accuray Incorporated (ARAY) is a Healthcare stock, with a market capitalization of $34.50M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Understand Accuray Incorporated: how it makes money

Accuray Incorporated is a healthcare medical equipment company, generating revenue from the sale of medical equipment.

With gross margin at 24% but operating margin at -9%, the profit model depends more on controlling operating expenses than on product gross profitability.

Business quality (Weak): Business quality grade: Weak

Bull case

  • Gross margin remains positive: The company reports gross margin at 24%, which indicates it can generate product-level gross profit even though profitability at the operating line is currently negative.
  • Meaningful quarterly revenue base: Quarterly revenue is reported at $100M (-7% YoY), suggesting there is an established revenue base that could support improvement if operating losses narrow.

Bear case

  • Operating expenses are too high: Operating margin is -9%, meaning the company is not converting gross profit into operating profit, which is a direct headwind to equity value if not addressed.
  • Revenue is shrinking: Quarterly revenue is $100M (-7% YoY), indicating demand or order momentum is currently weakening, which can make it harder to restore operating profitability.
Valuation — source: SEC EDGAR (first-party)
Market Cap$34.50M
EV / EBITDA-7.0
Price / Book0.83
Price / Sales0.08
FCF Yield-74.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$458.50M
Net Margin-0.3%
Return on Equity-110.6%
Debt / Equity3.48
Current Ratio1.42
Revenue Growth (YoY)-7.4%
EPS Growth (YoY)800.0%
FCF Growth (YoY)-254.0%
Financial Health — source: SEC EDGAR
Altman Z-Score-0.14 (distress)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Healthcare)21.6
Industry P/E (Medical Equipment)32.9
Company
SectorHealthcare
IndustryMedical Equipment

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ARAY earnings history · ARAY institutional & insider holders · ARAY KPIs & operating metrics · ARAY financials · ARAY investor presentations & press releases · ARAY SEC filings · ARAY peers · Congress trades · Insider trades · Short interest · Stock screener

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.