ALGN Align Technology Inc

Price (delayed)

$302.31

Market cap

$23.15B

P/E Ratio

63.91

Dividend/share

N/A

EPS

$4.73

Enterprise value

$22.01B

Align Technology is a manufacturer of 3D digital scanners and clear aligners used in orthodontics. It is headquartered in San Jose, California; it manufactures the aligners in Juarez, Mexico and ...

Highlights
The debt has declined by 6% since the previous quarter
The company's equity rose by 4.5% QoQ and by 2.9% YoY
The net income has declined by 29% year-on-year but it has increased by 16% since the previous quarter
ALGN's P/E is 28% above its 5-year quarterly average of 49.8 but 9% below its last 4 quarters average of 69.9
The gross profit has declined by 3.8% year-on-year
Align Technology's gross margin has decreased by 2.4% YoY

Key stats

What are the main financial stats of ALGN
Market
Shares outstanding
76.59M
Market cap
$23.15B
Enterprise value
$22.01B
Valuations
Price to book (P/B)
6.09
Price to sales (P/S)
6.08
EV/EBIT
37.72
EV/EBITDA
29.05
EV/Sales
5.78
Earnings
Revenue
$3.81B
EBIT
$583.65M
EBITDA
$757.81M
Free cash flow
$686.08M
Per share
EPS
$4.73
Free cash flow per share
$8.96
Book value per share
$49.68
Revenue per share
$49.72
TBVPS
$76.16
Balance sheet
Total assets
$6.32B
Total liabilities
$2.52B
Debt
$98.52M
Equity
$3.8B
Working capital
$578.82M
Liquidity
Debt to equity
0.03
Current ratio
1.27
Quick ratio
1.03
Net debt/EBITDA
-1.5
Margins
EBITDA margin
19.9%
Gross margin
69.7%
Net margin
9.5%
Operating margin
15.4%
Efficiency
Return on assets
6%
Return on equity
10%
Return on invested capital
22.1%
Return on capital employed
13.9%
Return on sales
15.3%
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
Intraday
-0.03%
1 week
-4.5%
1 month
11.81%
1 year
-2.32%
YTD
10.33%
QTD
10.33%

Financial performance

How have Align Technology's revenue and profit performed over time
Revenue
$3.81B
Gross profit
$2.66B
Operating income
$584.45M
Net income
$362.81M
Gross margin
69.7%
Net margin
9.5%
The net income has declined by 29% year-on-year but it has increased by 16% since the previous quarter
The net margin has declined by 28% year-on-year but it has increased by 13% since the previous quarter
The operating income has decreased by 22% YoY but it has increased by 4% from the previous quarter
The company's operating margin fell by 21% YoY but it rose by 2.7% QoQ

Growth

What is Align Technology's growth rate over time

Valuation

What is Align Technology stock price valuation
P/E
63.91
P/B
6.09
P/S
6.08
EV/EBIT
37.72
EV/EBITDA
29.05
EV/Sales
5.78
ALGN's P/E is 28% above its 5-year quarterly average of 49.8 but 9% below its last 4 quarters average of 69.9
The EPS has contracted by 27% YoY but it has grown by 16% from the previous quarter
The stock's price to book (P/B) is 41% less than its 5-year quarterly average of 10.3 and 4.8% less than its last 4 quarters average of 6.4
The company's equity rose by 4.5% QoQ and by 2.9% YoY
ALGN's P/S is 35% below its 5-year quarterly average of 9.4

Efficiency

How efficient is Align Technology business performance
ALGN's return on assets is down by 31% year-on-year but it is up by 13% since the previous quarter
The company's return on equity fell by 29% YoY but it rose by 15% QoQ
Align Technology's ROIC has decreased by 16% YoY but it has increased by 9% from the previous quarter
The ROS has contracted by 16% YoY but it has grown by 4.8% 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
The total assets is 151% greater than the total liabilities
Align Technology's quick ratio has increased by 13% from the previous quarter but it has decreased by 4.6% YoY
The company's total liabilities rose by 13% YoY
The debt is 97% smaller than the equity
The debt has declined by 6% since the previous quarter
The company's equity rose by 4.5% QoQ and by 2.9% YoY

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