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Alcon Inc. researches, develops, manufactures, distributes, and sells eye care products for eye care professionals and their patients worldwide. The company’s Surgical segment 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. Its cataract products include Centurion vision system, LenSx laser system, ARGOS biometer, LuxOR surgical ophthalmic microscope, SMARTCATARACT health platform, NGENUITY 3D visualization system, Verion reference unit and Verion digital marker, and ORA system for intra-operative measurements; custom pak surgical procedure packs; vitreoretinal products comprising constellation vision systems, procedure packs, lasers and hand-held microsurgical instruments, and grieshaber and MIVS instruments, as well as scissors, forceps and micro-instruments, medical grade vitreous tamponades, and Hypervit vitrectomy probes; refractive surgery products, including WaveLight lasers and Contoura Vision used for LASIK treatment; EX-PRESS glaucoma filtration device; and implantable products, including AcrySof IQ products, such as monofocal IOLs and advanced technology IOLs for the correction of presbyopia and astigmatism at the time of cataract surgery. Its Vision Care segment provides daily disposable, reusable, and color-enhancing contact lenses; ocular health products, such as dry eye, glaucoma, contact lens care, and ocular allergies; and ocular vitamins and redness relievers. The company was formerly known as Alcon Universal S.A. and changed its name to Alcon Inc. in December 2001. Alcon Inc. was founded in 1945 and is headquartered in Geneva, Switzerland.
Growth on the Horizon | Discover Alcon's multi-year upgrade cycle, including new surgical systems, glaucoma treatments, and expansion in China, with price targets ranging from $95 to $110. |
Competitive Dynamics | Explore how Alcon faces pressure from established players and innovative newcomers, potentially impacting its dominant position in the U.S. PC-IOL market. |
Financial Resilience | Despite mixed Q2 2024 results, Alcon demonstrates strong operational efficiency with margins exceeding expectations. EPS projections indicate steady growth. |
Eye Care Evolution | Alcon navigates a competitive landscape while leveraging its robust product pipeline, balancing challenges and opportunities in the global eye care market. |
Metrics to compare | ALC | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipALCPeersSector | |
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P/E Ratio | 41.2x | 29.4x | −0.6x | |
PEG Ratio | 0.20 | 1.02 | 0.00 | |
Price / Book | 2.2x | 3.0x | 2.6x | |
Price / LTM Sales | 4.7x | 4.4x | 3.2x | |
Upside (Analyst Target) | 14.4% | 23.6% | 47.5% | |
Fair Value Upside | Unlock | −6.2% | 6.7% | Unlock |