ALGN Align Technology, Inc.

Price (delayed)

$469.56

Market cap

$37B

P/E Ratio

21.71

Dividend/share

N/A

EPS

$21.63

Enterprise value

$36.64B

Sector: Healthcare
Industry: Medical Devices
Align Technology, Inc. engages in the design, manufacture, and market of orthodontics, restorative, and aesthetic dentistry products. It operates through the Clear Aligner, and Scanner and Services segments. The Clear Aligner segment consists of invisalign full, teen, and assist products, and vivera retainers for treating malocclusion. The Scanner and Services segment comprises of intraoral scanning systems such as single hardware platforms and restorative or orthodontic software options, ancillary products, and other related additional services. The company was founded by Zia Chishti, Brian Freyburger and Kelsey Wirth in March 1997 and is headquartered in San Jose, CA.

Highlights

The company's equity has surged by 107% YoY
ALGN's P/E is 56% below its 5-year quarterly average of 49.9 and 17% below its last 4 quarters average of 26.1
Align Technology's quick ratio has decreased by 41% YoY and by 36% from the previous quarter
The gross profit has declined by 12% since the previous quarter and by 3.8% year-on-year

Key stats

What are the main financial stats of ALGN
Market
Shares outstanding
78.79M
Market cap
$37B
Enterprise value
$36.64B
Valuations
Price to earnings (P/E)
21.71
Price to book (P/B)
13
Price to sales (P/S)
17.12
EV/EBIT
138.75
EV/EBITDA
98.82
EV/Sales
16.96
Earnings
Revenue
$2.16B
EBIT
$264.08M
EBITDA
$370.81M
Free cash flow
$372.78M
Per share
EPS
$21.63
Free cash flow per share
$4.73
Book value per share
$36.12
Revenue per share
$27.43
TBVPS
$44.21
Balance sheet
Total assets
$4.03B
Total liabilities
$1.18B
Debt
$50.62M
Equity
$2.85B
Working capital
$207.65M
Liquidity
Debt to equity
0.02
Current ratio
1.22
Quick ratio
0.93
Net debt/EBITDA
-0.95
Margins
EBITDA margin
17.2%
Gross margin
70.7%
Net margin
78.7%
Operating margin
12.7%
Efficiency
Return on assets
53%
Return on equity
81.5%
Return on invested capital
16.7%
Return on capital employed
8.6%
Return on sales
12.2%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

ALGN stock price

How has the Align Technology stock price performed over time

Financial performance

How have Align Technology's revenue and profit performed over time
Revenue
$2.16B
Gross profit
$1.53B
Operating income
$275.22M
Net income
$1.7B
Gross margin
70.7%
Net margin
78.7%
The operating income has decreased by 48% from the previous quarter and by 46% YoY
The company's operating margin fell by 45% YoY and by 42% QoQ
The gross profit has declined by 12% since the previous quarter and by 3.8% year-on-year
Align Technology's revenue has decreased by 10% from the previous quarter

Growth

What is Align Technology's growth rate over time

Valuation

What is Align Technology stock price valuation
P/E
21.71
P/B
13
P/S
17.12
EV/EBIT
138.75
EV/EBITDA
98.82
EV/Sales
16.96
ALGN's P/E is 56% below its 5-year quarterly average of 49.9 and 17% below its last 4 quarters average of 26.1
The EPS has contracted by 10% from the previous quarter
The company's equity has surged by 107% YoY
The stock's price to book (P/B) is 30% more than its last 4 quarters average of 10.0 and 4% more than its 5-year quarterly average of 12.5
ALGN's P/S is 119% above its last 4 quarters average of 7.8 and 80% above its 5-year quarterly average of 9.5
Align Technology's revenue has decreased by 10% from the previous quarter

Efficiency

How efficient is Align Technology business performance
ALGN's return on assets has surged by 172% year-on-year but it is down by 22% since the previous quarter
The company's return on equity has surged by 148% YoY but it fell by 26% QoQ
Align Technology's ROIC has plunged by 72% YoY and by 58% from the previous quarter
The ROS has contracted by 48% YoY and by 44% from the previous quarter

Dividends

What is ALGN's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for ALGN.

Financial health

How did Align Technology financials performed over time
Align Technology's quick ratio has decreased by 41% YoY and by 36% from the previous quarter
Align Technology's current ratio has decreased by 34% YoY and by 29% QoQ
The debt is 98% smaller than the equity
The debt has declined by 14% year-on-year and by 6% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.