Align Technology Stock Price To Earning
AFW Stock | EUR 215.80 1.50 0.69% |
Align Technology fundamentals help investors to digest information that contributes to Align Technology's financial success or failures. It also enables traders to predict the movement of Align Stock. The fundamental analysis module provides a way to measure Align Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Align Technology stock.
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Align Technology Company Price To Earning Analysis
Align Technology's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Align Technology Price To Earning | 36.83 X |
Most of Align Technology's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Align Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Based on the latest financial disclosure, Align Technology has a Price To Earning of 36.83 times. This is 42.53% higher than that of the Healthcare sector and 47.29% lower than that of the Medical Devices industry. The price to earning for all Germany stocks is 28.24% lower than that of the firm.
Align Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Align Technology's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Align Technology could also be used in its relative valuation, which is a method of valuing Align Technology by comparing valuation metrics of similar companies.Align Technology is rated fourth in price to earning category among its peers.
Align Fundamentals
Return On Equity | 0.1 | |||
Return On Asset | 0.0691 | |||
Profit Margin | 0.1 % | |||
Operating Margin | 0.18 % | |||
Current Valuation | 13.59 B | |||
Shares Outstanding | 76.61 M | |||
Shares Owned By Insiders | 6.49 % | |||
Shares Owned By Institutions | 90.97 % | |||
Price To Earning | 36.83 X | |||
Price To Book | 4.09 X | |||
Price To Sales | 3.76 X | |||
Revenue | 3.73 B | |||
Gross Profit | 2.64 B | |||
EBITDA | 779.84 M | |||
Net Income | 361.57 M | |||
Cash And Equivalents | 720.92 M | |||
Cash Per Share | 9.02 X | |||
Total Debt | 59.14 M | |||
Debt To Equity | 4.30 % | |||
Current Ratio | 1.85 X | |||
Book Value Per Share | 46.45 X | |||
Cash Flow From Operations | 568.73 M | |||
Earnings Per Share | 4.42 X | |||
Price To Earnings To Growth | 10.68 X | |||
Target Price | 743.46 | |||
Number Of Employees | 10 | |||
Beta | 1.62 | |||
Market Capitalization | 22.27 B | |||
Total Asset | 5.95 B | |||
Net Asset | 5.95 B |
About Align Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Align Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Align Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Align Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Align Stock
When determining whether Align Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Align Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Align Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Align Technology Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Align Stock please use our How to Invest in Align Technology guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.