Company Valuation: Alignment Healthcare, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 2,633 2,202 1,628 2,157 4,080 4,080 -
Change - -16.35% -26.07% 32.46% 89.18% 0% -
Enterprise Value (EV) 1 2,317 1,954 1,587 2,045 3,817 3,775 3,642
Change - -15.67% -18.76% 28.86% 86.64% -1.11% -3.53%
P/E ratio -12.3x -14.2x -10.9x -16.8x -193x 209x 57.3x
PBR - 9.25x 10.2x 21.6x 28.2x 17.4x 10.2x
PEG 0.1x 0.5x 2.26x 1.1x 2.3x -1x 0x
Capitalization / Revenue 2.25x 1.54x 0.89x 0.8x 1.04x 0.78x 0.61x
EV / Revenue 1.98x 1.36x 0.87x 0.76x 0.97x 0.72x 0.55x
EV / EBITDA -70x -73.1x -44.9x 1,527x 39.7x 25.5x 16.9x
EV / EBIT -47.1x -44.2x -27.8x -79.5x 58.7x 33.5x 20x
EV / FCF - -28.2x -16.7x -308x 103x 40.8x 25.6x
FCF Yield - -3.54% -6% -0.33% 0.97% 2.45% 3.9%
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 -1.14 -0.83 -0.79 -0.67 -0.1038 0.096 0.3498
Distribution rate - - - - - - -
Net sales 1 1,168 1,434 1,824 2,704 3,939 5,214 6,677
EBITDA 1 -33.12 -26.72 -35.32 1.339 96.12 147.9 215.1
EBIT 1 -49.15 -44.2 -56.99 -25.72 65.05 112.7 181.7
Net income 1 -195.3 -149.5 -148 -128 -23.71 20.82 76.8
Net Debt 1 -316 -248.6 -41.09 -111.4 -262.7 -305.2 -438.3
Reference price 2 14.06 11.76 8.61 11.25 20.05 20.05 20.05
Nbr of stocks (in thousands) 187,242 187,261 189,100 191,696 200,092 200,092 -
Announcement Date 03/03/22 28/02/23 27/02/24 27/02/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-196.49x0.97x39.71x-.--% 4.08B
18.68x0.69x11.73x3.09% 253B
12.25x0.38x7.96x1.99% 78.73B
13.84x0.48x9.45x2.14% 72.89B
14.02x0.22x7.08x2.08% 21.15B
-4x0.12x23.12x-.--% 19.88B
28.23x0.12x8.11x-.--% 6.32B
32.72x1.35x7.86x-.--% 1.86B
-11.85x0.47x45.46x-.--% 1.06B
56.59x3.21x16.91x0.49% 344M
Average -3.60x 0.80x 17.74x 0.98% 45.9B
Weighted average by Cap. 13.84x 0.55x 11.27x 2.48%

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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