Alignment Healthcare, Inc.
$2.53B- Market cap
- $2.81B
- Debt
- +$323.18M
- Cash
- −$604.23M
Capital structure 90% equity / 10% debt · EV / Revenue 0.64x · EV / EBITDA 53.89x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ALHC stock price near parity vs JLL $13.54 current versus $12.15 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at JLL's multiple
Implied fair value · at ALHC's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ALHC FY 2025 (ended Dec 31, 2025) · JLL FY 2025 (ended Dec 31, 2025).
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 90% equity / 10% debt · EV / Revenue 0.64x · EV / EBITDA 53.89x
Capital structure 100% equity / -0% debt · EV / Revenue 0.62x · EV / EBITDA 10.93x
JLL carries the larger enterprise value at $16.07B against $2.53B; JLL trades on the lower EV / Revenue multiple (0.62x vs 0.64x); JLL on the lower EV / EBITDA (10.93x vs 53.89x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ALIGNMENT HEALTHCARE, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Jones Lang LaSalle Incorporated · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.80x
-0.00x
Net debt / EBITDA
Leverage against operating earnings
-5.99x
-0.41x
Cash and equivalents
Liquid reserves on the balance sheet
$604.23M
$599.10M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Cigna Group
ALHC vs CI
MOLINA HEALTHCARE, INC.
ALHC vs MOH
Elevance Health, Inc.
ALHC vs ELV
CENTENE CORP
ALHC vs CNC
UNITEDHEALTH GROUP INC
ALHC vs UNH
CLOVER HEALTH INVESTMENTS, CORP. /DE
ALHC vs CLOV
CBRE GROUP, INC.
ALHC vs CBRE
NEWMARK GROUP, INC.
ALHC vs NMRK
Kennedy-Wilson Holdings, Inc.
ALHC vs KW
Marcus & Millichap, Inc.
ALHC vs MMI
$323.18M
-$200.00K
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
The deterministic comparison remains available. Sign in when you want an on-demand narrative synthesis of the same data.