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 12,659 - -
Change - -68.21% 27.39% -25.83% -28.02% 12.99% - -
Enterprise Value (EV) 1 50,649 15,474 20,013 14,522 10,109 11,177 10,624 10,029
Change - -69.45% 29.33% -27.44% -30.39% 10.57% -4.95% -5.6%
P/E 67.8x 45.7x 47.2x 37.1x 27.6x 21.8x 19.1x 17.4x
PBR 14.3x 4.52x 5.78x 4.06x 2.8x 2.74x 2.35x 2.04x
PEG - -0.9x 1.8x -11.34x 51.7x 0.5x 1.4x 1.74x
Capitalization / Revenue 13.1x 4.41x 5.43x 3.89x 2.78x 3.03x 2.9x 2.74x
EV / Revenue 12.8x 4.14x 5.18x 3.63x 2.51x 2.67x 2.43x 2.17x
EV / EBITDA 41.8x 16.6x 21x 14.5x 8.92x 9.47x 8.61x 7.53x
EV / EBIT 45.9x 19.3x 24.2x 16.6x 11.1x 11.3x 10.1x 8.87x
EV / FCF 65.7x 55.9x 32.9x 23.3x 20.6x 12.3x 11.4x 16x
FCF Yield 1.52% 1.79% 3.04% 4.29% 4.85% 8.14% 8.8% 6.26%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 9.69 4.61 5.81 5.62 5.65 8.102 9.231 10.15
Distribution rate - - - - - - - -
Net sales 1 3,953 3,735 3,862 3,999 4,035 4,184 4,368 4,621
EBITDA 1 1,213 929.6 953.8 1,000 1,133 1,180 1,234 1,332
EBIT 1 1,104 803.8 826 873.2 914.2 991.9 1,053 1,130
Net income 1 772 361.6 445.1 421.4 410.4 574.8 648.7 700.2
Net Debt 1 -1,171 -999.6 -972.7 -1,044 -1,095 -1,482 -2,035 -2,630
Reference price 2 657.18 210.90 274.00 208.51 156.15 176.76 176.76 176.76
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.82x2.67x9.47x-.--% 12.66B
27.38x3.95x15.2x2.57% 175B
18.88x3.31x11.62x3.57% 106B
17.13x0.19x12.1x0.77% 59.91B
31.81x7.73x20.21x1.26% 51.95B
39.41x3.13x10.67x2.43% 43.58B
38.15x1.39x12.22x0.26% 33.65B
31.31x5.58x17.8x-.--% 29.58B
42.57x7.44x26.86x0.24% 25.31B
23.96x3.5x12.59x1.21% 21.23B
Average 29.24x 3.89x 14.87x 1.23% 55.97B
Weighted average by Cap. 27.30x 3.76x 14.56x 1.95%

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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