Align Technology Inc. (ALGN)
Align Technology Statistics
Share Statistics
Align Technology has 73.6M shares outstanding. The number of shares has increased by -0.6% in one year.
| Shares Outstanding | 73.6M |
| Shares Change (YoY) | -0.6% |
| Shares Change (QoQ) | -0.06% |
| Owned by Institutions (%) | 87.85% |
| Shares Floating | 68.94M |
| Failed to Deliver (FTD) Shares | 300 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 2.34M, so 3.14% of the outstanding shares have been sold short.
| Short Interest | 2.34M |
| Short % of Shares Out | 3.14% |
| Short % of Float | 3.35% |
| Short Ratio (days to cover) | 3.49 |
Valuation Ratios
The PE ratio is 37.05 and the forward PE ratio is 22.12. Align Technology's PEG ratio is -11.35.
| PE Ratio | 37.05 |
| Forward PE | 22.12 |
| PS Ratio | 3.9 |
| Forward PS | 2.6 |
| PB Ratio | 4.05 |
| P/FCF Ratio | 25.07 |
| PEG Ratio | -11.35 |
Enterprise Valuation
Align Technology Inc. has an Enterprise Value (EV) of 20.1B.
| EV / Earnings | 47.7 |
| EV / Sales | 5.03 |
| EV / EBITDA | 24.61 |
| EV / EBIT | 33.08 |
| EV / FCF | 32.28 |
Financial Position
The company has a current ratio of 1.22, with a Debt / Equity ratio of 0.02.
| Current Ratio | 1.22 |
| Quick Ratio | 1.1 |
| Debt / Equity | 0.02 |
| Total Debt / Capitalization | 2.24 |
| Cash Flow / Debt | 8.37 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.11% and return on capital (ROIC) is 10.67%.
| Return on Equity (ROE) | 0.11% |
| Return on Assets (ROA) | 0.07% |
| Return on Capital (ROIC) | 10.67% |
| Revenue Per Employee | $190,929.2 |
| Profits Per Employee | $20,117.55 |
| Employee Count | 20,945 |
| Asset Turnover | 0.64 |
| Inventory Turnover | 4.72 |
Taxes
| Income Tax | 187.6M |
| Effective Tax Rate | 0.31 |
Stock Price Statistics
The stock price has increased by -47.26% in the last 52 weeks. The beta is 1.69, so Align Technology's price volatility has been higher than the market average.
| Beta | 1.69 |
| 52-Week Price Change | -47.26% |
| 50-Day Moving Average | 199.69 |
| 200-Day Moving Average | 223.83 |
| Relative Strength Index (RSI) | 37.88 |
| Average Volume (20 Days) | 964.88K |
Income Statement
In the last 12 months, Align Technology had revenue of 4B and earned 421.36M in profits. Earnings per share was 5.63.
| Revenue | 4B |
| Gross Profit | 2.8B |
| Operating Income | 607.63M |
| Net Income | 421.36M |
| EBITDA | 816.8M |
| EBIT | 607.63M |
| Earnings Per Share (EPS) | 5.63 |
Balance Sheet
The company has 1.04B in cash and 88.21M in debt, giving a net cash position of 955.67M.
| Cash & Cash Equivalents | 1.04B |
| Total Debt | 88.21M |
| Net Cash | 955.67M |
| Retained Earnings | 2.48B |
| Total Assets | 6.21B |
| Working Capital | 454.41M |
Cash Flow
In the last 12 months, operating cash flow was 738.23M and capital expenditures -115.58M, giving a free cash flow of 622.65M.
| Operating Cash Flow | 738.23M |
| Capital Expenditures | -115.58M |
| Free Cash Flow | 622.65M |
| FCF Per Share | 8.32 |
Margins
Gross margin is 70%, with operating and profit margins of 15.19% and 10.54%.
| Gross Margin | 70% |
| Operating Margin | 15.19% |
| Pretax Margin | 15.23% |
| Profit Margin | 10.54% |
| EBITDA Margin | 20.42% |
| EBIT Margin | 15.19% |
| FCF Margin | 15.57% |
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 | 3.34% |
| FCF Yield | 5.02% |
Analyst Forecast
The average price target for ALGN is $270, which is 60.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $270 |
| Price Target Difference | 60.3% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
Scores
| Altman Z-Score | 4.26 |
| Piotroski F-Score | 7 |