Align Technology Statistics
Total Valuation
ALGN has a market cap or net worth of $18.05 billion. The enterprise value is $17.24 billion.
| Market Cap | 18.05B |
| Enterprise Value | 17.24B |
Important Dates
The next estimated earnings date is Wednesday, July 24, 2024, after market close.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ALGN has 75.28 million shares outstanding. The number of shares has decreased by -2.32% in one year.
| Shares Outstanding | 75.28M |
| Shares Change (YoY) | -2.32% |
| Shares Change (QoQ) | -0.53% |
| Owned by Insiders (%) | 6.54% |
| Owned by Institutions (%) | 88.69% |
| Float | 70.20M |
Valuation Ratios
The trailing PE ratio is 39.56 and the forward PE ratio is 24.39. ALGN's PEG ratio is 1.96.
| PE Ratio | 39.56 |
| Forward PE | 24.39 |
| PS Ratio | 4.61 |
| Forward PS | 4.27 |
| PB Ratio | 4.80 |
| P/FCF Ratio | 36.71 |
| PEG Ratio | 1.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.54, with an EV/FCF ratio of 35.08.
| EV / Earnings | 37.30 |
| EV / Sales | 4.40 |
| EV / EBITDA | 20.54 |
| EV / EBIT | 25.93 |
| EV / FCF | 35.08 |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 0.03.
| Current Ratio | 1.23 |
| Quick Ratio | 0.91 |
| Debt / Equity | 0.03 |
| Debt / EBITDA | 0.11 |
| Debt / FCF | 0.19 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 12.50% and return on invested capital (ROIC) is 11.97%.
| Return on Equity (ROE) | 12.50% |
| Return on Assets (ROA) | 7.50% |
| Return on Capital (ROIC) | 11.97% |
| Revenue Per Employee | $181,238 |
| Profits Per Employee | $21,392 |
| Employee Count | 21,610 |
| Asset Turnover | 0.63 |
| Inventory Turnover | 3.96 |
Taxes
In the past 12 months, ALGN has paid $202.68 million in taxes.
| Income Tax | 202.68M |
| Effective Tax Rate | 30.48% |
Stock Price Statistics
The stock price has decreased by -30.43% in the last 52 weeks. The beta is 1.62, so ALGN's price volatility has been higher than the market average.
| Beta (5Y) | 1.62 |
| 52-Week Price Change | -30.43% |
| 50-Day Moving Average | 266.30 |
| 200-Day Moving Average | 271.22 |
| Relative Strength Index (RSI) | 38.08 |
| Average Volume (20 Days) | 908,349 |
Short Selling Information
The latest short interest is 1.84 million, so 2.45% of the outstanding shares have been sold short.
| Short Interest | 1.84M |
| Short Previous Month | 1.54M |
| Short % of Shares Out | 2.45% |
| Short % of Float | 2.62% |
| Short Ratio (days to cover) | 2.29 |
Income Statement
In the last 12 months, ALGN had revenue of $3.92 billion and earned $462.28 million in profits. Earnings per share was $6.06.
| Revenue | 3.92B |
| Gross Profit | 2.74B |
| Operating Income | 663.96M |
| Pretax Income | 664.97M |
| Net Income | 462.28M |
| EBITDA | 839.46M |
| EBIT | 664.97M |
| Earnings Per Share (EPS) | $6.06 |
Balance Sheet
The company has $898.91 million in cash and $95.09 million in debt, giving a net cash position of $803.81 million or $10.68 per share.
| Cash & Cash Equivalents | 898.91M |
| Total Debt | 95.09M |
| Net Cash | 803.81M |
| Net Cash Per Share | $10.68 |
| Equity (Book Value) | 3.76B |
| Book Value Per Share | 49.94 |
| Working Capital | 456.27M |
Cash Flow
In the last 12 months, operating cash flow was $614.55 million and capital expenditures -$122.97 million, giving a free cash flow of $491.58 million.
| Operating Cash Flow | 614.55M |
| Capital Expenditures | -122.97M |
| Free Cash Flow | 491.58M |
| FCF Per Share | $6.54 |
Margins
Gross margin is 70.06%, with operating and profit margins of 16.95% and 11.80%.
| Gross Margin | 70.06% |
| Operating Margin | 16.95% |
| Pretax Margin | 16.98% |
| Profit Margin | 11.80% |
| EBITDA Margin | 21.43% |
| EBIT Margin | 16.98% |
| FCF Margin | 12.55% |
Dividends & Yields
ALGN does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 2.32% |
| Shareholder Yield | 2.32% |
| Earnings Yield | 2.56% |
| FCF Yield | 2.72% |
Analyst Forecast
The average price target for ALGN is $340.56, which is 42.05% higher than the current price. The consensus rating is "Buy".
| Price Target | $340.56 |
| Price Target Difference | 42.05% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 10.78% |
| EPS Growth Forecast (5Y) | 24.92% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ALGN has an Altman Z-Score of 6.17 and a Piotroski F-Score of 9.
| Altman Z-Score | 6.17 |
| Piotroski F-Score | 9 |