Behind The Idea #98: Varian's Moat May Be Worth The Price

Behind The Idea

We continue our special November series. Mike shares his long thesis for Varian Medical Systems, an industry leader in oncology treatment devices that has a lot of attractive business aspects, though it's valuation is also challenging. Daniel tries to probe the thesis for any gaps, but the moat here seems quite strong.
Topics Covered

5:00 minute mark - Introduction to Varian Medical Systems and the business case

12:40 - How much does it matter that there are two revenue lines in the income statement? Oncology vs. Proton and Product vs. Service

19:30 - Any reason to think they are transforming more to a service business?

24:30 - Market and customer relationship strategy... moat around business.

31:00 - Is a throughput based model something to be concerned about?

36:00 - Valuation

53:30 - The under the radar aspect of VAR.


Learn more about your ad choices. Visit megaphone.fm/adchoices

للاستماع إلى حلقات ذات محتوى فاضح، قم بتسجيل الدخول.

اطلع على آخر مستجدات هذا البرنامج

قم بتسجيل الدخول أو التسجيل لمتابعة البرامج وحفظ الحلقات والحصول على آخر التحديثات.

تحديد بلد أو منطقة

أفريقيا والشرق الأوسط، والهند

آسيا والمحيط الهادئ

أوروبا

أمريكا اللاتينية والكاريبي

الولايات المتحدة وكندا