Align Technology Statistics
Share Statistics
Align Technology has 74.65M shares outstanding. The number of shares has increased by -2.4% in one year.
| Shares Outstanding | 74.65M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.78% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 69.71M |
| Failed to Deliver (FTD) Shares | 2.41K |
| FTD / Avg. Volume | 0.31% |
Short Selling Information
The latest short interest is 2.90M, so 3.89% of the outstanding shares have been sold short.
| Short Interest | 2.90M |
| Short % of Shares Out | 3.89% |
| Short % of Float | 4.16% |
| Short Ratio (days to cover) | 3.32 |
Valuation Ratios
The PE ratio is 47.05 and the forward PE ratio is 21.35. Align Technology 's PEG ratio is 0.65.
| PE Ratio | 47.05 |
| Forward PE | 21.35 |
| PS Ratio | 5.42 |
| Forward PS | 4 |
| PB Ratio | 5.77 |
| P/FCF Ratio | 34.44 |
| PEG Ratio | 0.65 |
Enterprise Valuation
Align Technology Inc. has an Enterprise Value (EV) of 20.10B.
| EV / Earnings | 45.16 |
| EV / Sales | 5.2 |
| EV / EBITDA | 25.16 |
| EV / EBIT | 31.24 |
| EV / FCF | 33.06 |
Financial Position
The company has a current ratio of 1.18, with a Debt / Equity ratio of 0.
| Current Ratio | 1.18 |
| Quick Ratio | 1.04 |
| Debt / Equity | 0 |
| Total Debt / Capitalization | 0 |
| Cash Flow / Debt | 0 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.12% and return on capital (ROIC) is 11.89%.
| Return on Equity (ROE) | 0.12% |
| Return on Assets (ROA) | 0.07% |
| Return on Capital (ROIC) | 11.89% |
| Revenue Per Employee | 178.07K |
| Profits Per Employee | 20.52K |
| Employee Count | 21.69K |
| Asset Turnover | 0.63 |
| Inventory Turnover | 3.89 |
Taxes
| Income Tax | 196.15M |
| Effective Tax Rate | 0.31 |
Stock Price Statistics
The stock price has increased by -7.75% in the last 52 weeks. The beta is 1.65, so Align Technology 's price volatility has been higher than the market average.
| Beta | 1.65 |
| 52-Week Price Change | -7.75% |
| 50-Day Moving Average | 224.38 |
| 200-Day Moving Average | 254.74 |
| Relative Strength Index (RSI) | 55.48 |
| Average Volume (20 Days) | 786.98K |
Income Statement
In the last 12 months, Align Technology had revenue of $3.86B and earned $445.05M in profits. Earnings per share was $5.82.
| Revenue | 3.86B |
| Gross Profit | 2.71B |
| Operating Income | 643.34M |
| Net Income | 445.05M |
| EBITDA | 799.04M |
| EBIT | 643.34M |
| Earnings Per Share (EPS) | 5.82 |
Balance Sheet
The company has $937.44M in cash and $126.62M in debt, giving a net cash position of $810.82M.
| Cash & Cash Equivalents | 937.44M |
| Total Debt | 126.62M |
| Net Cash | 810.82M |
| Retained Earnings | 2.45B |
| Total Assets | 6.37B |
| Working Capital | 533.77M |
Cash Flow
In the last 12 months, operating cash flow was $785.78M and capital expenditures -$177.72M, giving a free cash flow of $608.06M.
| 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 | 16.6% |
| Profit Margin | 11.52% |
| EBITDA Margin | 20.69% |
| EBIT Margin | 16.66% |
| 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 |
| Payout Ratio | n/a |
| Earnings Yield | 2.47% |
| FCF Yield | 3.46% |
Analyst Forecast
The average price target for ALGN is $275, which is 16.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $275 |
| Price Target Difference | 16.9% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 6.03 |
| Piotroski F-Score | 7 |