Company Valuation: Alignment Healthcare, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 2,633 2,202 1,628 1,800 - -
Change - -16.35% -26.07% 10.56% - -
Enterprise Value (EV) 1 2,317 1,954 1,587 1,728 1,688 1,648
Change - -15.67% -18.76% 8.9% -2.33% -2.39%
P/E ratio -12.3x -14.2x -10.9x -14x -18.3x -23.1x
PBR - 9.25x 10.2x 17.2x 19.5x 17.4x
PEG 0.1x 0.5x 2.26x 0.9x 0.8x 1.1x
Capitalization / Revenue 2.25x 1.54x 0.89x 0.68x 0.55x 0.45x
EV / Revenue 1.98x 1.36x 0.87x 0.66x 0.51x 0.42x
EV / EBITDA -70x -73.1x -44.9x -5,079x 41.7x 21.5x
EV / EBIT -47.1x -44.2x -27.8x -69.8x 167x 33.9x
EV / FCF - -28.2x -16.7x -61.8x 57.5x 31.2x
FCF Yield - -3.54% -6% -1.62% 1.74% 3.2%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.14 -0.83 -0.79 -0.6715 -0.5134 -0.4067
Distribution rate - - - - - -
Net sales 1 1,168 1,434 1,824 2,631 3,289 3,960
EBITDA 1 -33.12 -26.72 -35.32 -0.3403 40.45 76.6
EBIT 1 -49.15 -44.2 -56.99 -24.74 10.08 48.58
Net income 1 -195.3 -149.5 -148 -127.8 -96.57 -79.67
Net Debt 1 -316 -248.6 -41.09 -71.83 -112.1 -152.4
Reference price 2 14.060 11.760 8.610 9.410 9.410 9.410
Nbr of stocks (in thousands) 187,242 187,261 189,100 191,300 - -
Announcement Date 03/03/22 28/02/23 27/02/24 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

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P/E ratio EV / Sales EV / EBITDA Yield (Y) Capi. ($)
-14.01x0.66x-5078.9x-.--%1.8B
36.6x1.48x15.25x+1.34%549B
15.69x0.84x11.04x+1.16%126B
19.96x0.52x9.11x+1.56%99.97B
24.41x0.4x11.78x+1.05%41.39B
11.91x0.25x8.98x-.--%37.26B
15.08x0.39x7.8x-.--%18.97B
38.83x1.6x9.24x-.--%2.13B
-17.93x - - -.--%1.25B
Average 14.50x 0.77x -625.71x +0.57% 97.49B
Weighted average by Cap. 29.43x 1.15x 2.87x +1.23%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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