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ALIGN TECHNOLOGY INC (ALGN)

Orthopedic, Prosthetic & Surgical Appliances & Supplies

Latest Price
$169.16
TTM P/E
28.43
Normalized P/E
28.77
Div Yield
--
Book Value
58.09
P/B Ratio
2.91

Valuation metrics

adjust assumptions →
EPS: $5.65
Book value / share: $56.74
Formula: √(22.5 × EPS × BVPS)
Graham Number
$84.93
50% downside
Norm. op. income: $608M (median of 7yr)
Tax rate: 30%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$79.20
53% downside
Base FCF: $608M (median of recent 5yr)
Growth: -6%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$84.15
50% downside
EPS: $5.65
Target P/E: 29×
Formula: EPS × P/E
P/E Fair Value
$163.85
3% downside

Institutional Ownership

90.0% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
VANGUARD CAPITAL MANAGEMENT LLC4.39M$752.0M6.13%--2026-03-31
BlackRock, Inc.4.29M$735.0M5.99%-70.6K2026-03-31
Capital World Investors4.07M$698.0M5.69%+2.58M2026-03-31
Capital International Investors3.81M$653.0M5.32%-834.0K2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC3.15M$540.0M4.40%--2026-03-31
FMR LLC2.70M$462.0M3.77%+700.8K2026-03-31
STATE STREET CORP2.52M$431.0M3.51%-12.0K2026-03-31
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC1.90M$326.0M2.66%+1.14M2026-03-31
GOLDMAN SACHS GROUP INC1.81M$309.0M2.52%+1.03M2026-03-31
GEODE CAPITAL MANAGEMENT, LLC1.79M$306.0M2.50%+30.8K2026-03-31
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