Align Technology Statistics
Total Valuation
ALGN has a market cap or net worth of $23.37 billion. The enterprise value is $22.50 billion.
| Market Cap | 23.37B |
| Enterprise Value | 22.50B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ALGN has 75.28 million shares outstanding. The number of shares has decreased by -2.36% in one year.
| Shares Outstanding | 75.28M |
| Shares Change (YoY) | -2.36% |
| Shares Change (QoQ) | -1.43% |
| Owned by Insiders (%) | 6.54% |
| Owned by Institutions (%) | 87.93% |
| Float | 69.96M |
Valuation Ratios
The trailing PE ratio is 53.44 and the forward PE ratio is 32.55. ALGN's PEG ratio is 1.96.
| PE Ratio | 53.44 |
| Forward PE | 32.55 |
| PS Ratio | 6.05 |
| Forward PS | 5.66 |
| PB Ratio | 6.44 |
| P/FCF Ratio | 38.44 |
| PEG Ratio | 1.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.55, with an EV/FCF ratio of 37.00.
| EV / Earnings | 50.55 |
| EV / Sales | 5.83 |
| EV / EBITDA | 27.55 |
| EV / EBIT | 35.09 |
| EV / FCF | 37.00 |
Financial Position
The company has a current ratio of 1.18, with a Debt / Equity ratio of 0.03.
| Current Ratio | 1.18 |
| Quick Ratio | 0.91 |
| Debt / Equity | 0.03 |
| Debt / EBITDA | 0.12 |
| Debt / FCF | 0.16 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 12.20% and return on invested capital (ROIC) is 11.98%.
| Return on Equity (ROE) | 12.20% |
| Return on Assets (ROA) | 7.30% |
| Return on Capital (ROIC) | 11.98% |
| Revenue Per Employee | $178,726 |
| Profits Per Employee | $20,595 |
| Employee Count | 21,610 |
| Asset Turnover | 0.63 |
| Inventory Turnover | 3.64 |
Taxes
In the past 12 months, ALGN has paid $196.15 million in taxes.
| Income Tax | 196.15M |
| Effective Tax Rate | 30.59% |
Stock Price Statistics
The stock price has decreased by -11.67% in the last 52 weeks. The beta is 1.64, so ALGN's price volatility has been higher than the market average.
| Beta (1Y) | 1.64 |
| 52-Week Price Change | -11.67% |
| 50-Day Moving Average | 312.90 |
| 200-Day Moving Average | 292.52 |
| Relative Strength Index (RSI) | 49.30 |
| Average Volume (30 Days) | 743,672 |
Short Selling Information
The latest short interest is 1.38 million, so 1.84% of the outstanding shares have been sold short.
| Short Interest | 1.38M |
| Short Previous Month | 1.41M |
| Short % of Shares Out | 1.84% |
| Short % of Float | 1.98% |
| Short Ratio (days to cover) | 2.81 |
Income Statement
In the last 12 months, ALGN had revenue of $3.86 billion and earned $445.05 million in profits. Earnings per share was $5.81.
| Revenue | 3.86B |
| Gross Profit | 2.71B |
| Operating Income | 643.34M |
| Pretax Income | 641.20M |
| Net Income | 445.05M |
| EBITDA | 816.71M |
| EBIT | 641.20M |
| Earnings Per Share (EPS) | $5.81 |
Balance Sheet
The company has $972.74 million in cash and $96.97 million in debt, giving a net cash position of $875.77 million or $11.63 per share.
| Cash & Cash Equivalents | 972.74M |
| Total Debt | 96.97M |
| Net Cash | 875.77M |
| Net Cash Per Share | $11.63 |
| Equity / Book Value | 3.63B |
| Book Value Per Share | 48.23 |
| Working Capital | 380.01M |
Cash Flow
In the last 12 months, operating cash flow was $785.78 million and capital expenditures -$177.72 million, giving a free cash flow of $608.06 million.
| Operating Cash Flow | 785.78M |
| Capital Expenditures | -177.72M |
| Free Cash Flow | 608.06M |
| FCF Per Share | $7.96 |
Margins
Gross margin is 70.08%, with operating and profit margins of 16.66% and 11.52%.
| Gross Margin | 70.08% |
| Operating Margin | 16.66% |
| Pretax Margin | 16.60% |
| Profit Margin | 11.52% |
| EBITDA Margin | 21.15% |
| EBIT Margin | 16.60% |
| FCF Margin | 15.74% |
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 | 2.36% |
| Shareholder Yield | 2.36% |
| Earnings Yield | 1.90% |
| FCF Yield | 2.60% |
Analyst Forecast
The average price target for ALGN is $337.80, which is 8.79% higher than the current price. The consensus rating is "Hold".
| Price Target | $337.80 |
| Price Target Difference | 8.79% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 9.23% |
| EPS Growth Forecast (5Y) | 25.83% |
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 7.34 and a Piotroski F-Score of 6.
| Altman Z-Score | 7.34 |
| Piotroski F-Score | 6 |