ALGN Align Technology, Inc.

Price (delayed)

$312.22

Market cap

$24.59B

P/E Ratio

13.01

Dividend/share

N/A

EPS

$23.99

Enterprise value

$23.85B

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 127% YoY and by 112% QoQ
ALGN's P/E is 75% below its 5-year quarterly average of 51.0 and 64% below its last 4 quarters average of 36.1
The debt has dropped by 53% year-on-year but it has increased by 24% since the previous quarter
Align Technology's quick ratio has decreased by 7% YoY

Key stats

What are the main financial stats of ALGN
Market
Shares outstanding
78.76M
Market cap
$24.59B
Enterprise value
$23.85B
Valuations
Price to earnings (P/E)
13.01
Price to book (P/B)
8.62
Price to sales (P/S)
10.19
EV/EBIT
45.19
EV/EBITDA
37.93
EV/Sales
9.9
Earnings
Revenue
$2.41B
EBIT
$527.83M
EBITDA
$628.91M
Free cash flow
$479.32M
Per share
EPS
$23.99
Free cash flow per share
$6.1
Book value per share
$36.23
Revenue per share
$30.65
TBVPS
$49.51
Balance sheet
Total assets
$3.96B
Total liabilities
$1.11B
Debt
$53.75M
Equity
$2.85B
Working capital
$665.84M
Liquidity
Debt to equity
0.02
Current ratio
1.73
Quick ratio
1.45
Net debt/EBITDA
-1.17
Margins
EBITDA margin
26.1%
Gross margin
72.1%
Net margin
78.4%
Operating margin
21.8%
Efficiency
Return on assets
67.7%
Return on equity
109.9%
Return on invested capital
40.1%
Return on capital employed
17.3%
Return on sales
21.9%
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
$2.41B
Gross profit
$1.74B
Operating income
$524.71M
Net income
$1.89B
Gross margin
72.1%
Net margin
78.4%
Align Technology's revenue has increased by 16% YoY
The operating income has increased by 15% YoY but it has decreased by 3.3% from the previous quarter
The gross profit is up by 14% year-on-year
The company's operating margin fell by 3.1% QoQ

Valuation

What is Align Technology stock price valuation
P/E
13.01
P/B
8.62
P/S
10.19
EV/EBIT
45.19
EV/EBITDA
37.93
EV/Sales
9.9
ALGN's P/E is 75% below its 5-year quarterly average of 51.0 and 64% below its last 4 quarters average of 36.1
The company's equity has surged by 127% YoY and by 112% QoQ
The stock's price to book (P/B) is 31% less than its 5-year quarterly average of 12.4 and 28% less than its last 4 quarters average of 12.0
ALGN's P/S is 31% above its last 4 quarters average of 7.8 and 10% above its 5-year quarterly average of 9.3
Align Technology's revenue has increased by 16% YoY

Efficiency

How efficient is Align Technology business performance
Align Technology's ROIC has decreased by 31% YoY and by 30% from the previous quarter
The ROS has contracted by 5% from the previous quarter but it has grown by 3.3% YoY

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 has surged by 77% year-on-year and by 59% since the previous quarter
The company's total liabilities rose by 14% YoY but it fell by 3.7% QoQ
The debt is 98% smaller than the equity
The company's equity has surged by 127% YoY and by 112% QoQ
ALGN's debt to equity has shrunk by 78% YoY and by 33% QoQ

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