Alcon Inc. (ALC) Valuation — DCF, Graham & Comparables

Alcon Inc. (ALC) — Price $71.45 (closing price, October 30, 2026) — Healthcare — Medical - Specialties — NYSE

Latest reported results:

Valuation dashboard for Alcon Inc. (ALC) with P/E 54.96, P/B 1.61, EV/EBITDA 13.90 and dividend yield 0.50%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Healthcare companies.

Alcon Inc. researches, develops, manufactures, distributes, and sells eye care products worldwide. The company operates through two segments, Surgical and Vision Care. It offers equipment, instrumentation and diagnostics, intraocular lenses (IOLs), and other implantables; and consumables, including viscoelastics, surgical solutions, incisional instruments, surgical custom packs, and other products for surgical procedures.

Analysis Summary

Alcon Inc. reported revenue of $10.40B in the most recent fiscal year, growing at a 5-year CAGR of 8.8%.

Trailing-twelve-month margins: gross margin 56.5%, operating margin 9.9%, net margin 5.9%.

At $71.45 (closing price, October 30, 2026), ALC trades at a P/E of 54.96 and an ROE of 2.91%. Market capitalisation stands at $34.5B, placing it among large-cap names.

Balance sheet quality for ALC: current ratio of 2.1. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio54.96
Price / Book1.61
EV / EBITDA13.90
Dividend Yield0.50%

Valuation Models

DCF Fair Value$69.96
vs Current Price-2.1%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ALCAlcon Inc.$34.5B54.961.612.9%
COOThe Cooper Companies, Inc.$11.3B20.321.386.9%
GKOSGlaukos Corporation$14.1B19.58-24.9%
BLCOBausch + Lomb Corporation$7.1B1.11-1.7%
0A0D.LAlcon Inc.CHF 28.3B53.981.582.9%
STESTERIS plc$22.1B27.773.0811.3%
0JZ2.LMasimo Corporation$9.5B122.4211.919.0%
0QLQ.LYpsomed Holding AGCHF 4.8B23.767.0228.5%

Price

Price$71.45 (closing price, October 30, 2026)
Market Cap$34.5B
ExchangeNYSE
CountryCH

Profitability

Return on Equity2.91%
Return on Invested Capital3.24%
Return on Assets2.06%
Gross Margin56.45%
Operating Margin9.87%
Net Margin5.92%

Related companies: COO · GKOS · BLCO · 0A0D.L · STE · 0JZ2.L · 0QLQ.L · 0A05.L

Explore sector: Healthcare · Medical - Specialties

More sections of ALC: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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