Company Valuation: Align Technology, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 51,821 16,474 20,985 15,566 11,204 12,419 - -
Change - -68.21% 27.39% -25.83% -28.02% 10.85% - -
Enterprise Value (EV) 1 50,649 15,474 20,013 14,522 10,109 11,211 10,637 10,023
Change - -69.45% 29.33% -27.44% -30.39% 10.9% -5.11% -5.78%
P/E 67.8x 45.7x 47.2x 37.1x 27.6x 23.7x 19.4x 16.5x
PBR 14.3x 4.52x 5.78x 4.06x 2.8x 2.74x 2.29x 1.98x
PEG - -0.9x 1.8x -11.34x 51.7x 0.9x 0.9x 1x
Capitalization / Revenue 13.1x 4.41x 5.43x 3.89x 2.78x 2.98x 2.86x 2.71x
EV / Revenue 12.8x 4.14x 5.18x 3.63x 2.51x 2.69x 2.45x 2.19x
EV / EBITDA 41.8x 16.6x 21x 14.5x 8.92x 9.66x 8.63x 7.53x
EV / EBIT 45.9x 19.3x 24.2x 16.6x 11.1x 11.3x 9.96x 8.7x
EV / FCF 65.7x 55.9x 32.9x 23.3x 20.6x 13.8x 12.1x 15.3x
FCF Yield 1.52% 1.79% 3.04% 4.29% 4.85% 7.26% 8.26% 6.54%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.69 4.61 5.81 5.62 5.65 7.141 8.733 10.24
Distribution rate - - - - - - - -
Net sales 1 3,953 3,735 3,862 3,999 4,035 4,169 4,337 4,576
EBITDA 1 1,213 929.6 953.8 1,000 1,133 1,161 1,232 1,330
EBIT 1 1,104 803.8 826 873.2 914.2 989.2 1,068 1,152
Net income 1 772 361.6 445.1 421.4 410.4 510 622.9 695.5
Net Debt 1 -1,171 -999.6 -972.7 -1,044 -1,095 -1,209 -1,782 -2,396
Reference price 2 657.18 210.90 274.00 208.51 156.15 169.16 169.16 169.16
Nbr of stocks (in thousands) 78,853 78,112 76,589 74,653 71,750 71,618 - -
Announcement Date 02/02/22 01/02/23 31/01/24 05/02/25 04/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.85x2.66x9.46x-.--% 12.42B
30.24x4.11x15.98x2.44% 183B
19.42x3.39x11.94x3.47% 110B
17.37x0.19x12.26x0.76% 60.75B
30.04x7.29x19x1.33% 50.01B
36.03x3.22x10.97x2.37% 45.59B
37.5x1.37x12.06x0.21% 33.08B
30.28x5.41x17.22x-.--% 28.76B
39.6x6.94x24.84x0.27% 23.9B
24.62x3.73x13.08x1.13% 22.53B
Average 28.89x 3.83x 14.68x 1.2% 56.95B
Weighted average by Cap. 27.68x 3.74x 14.62x 1.91%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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