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NASDAQ: ALGN
Align Technology Inc Stock

$251.60+0.94 (+0.38%)
Updated Jul 19, 2024
ALGN Price
$251.60
Fair Value Price
$194.21
Market Cap
$18.94B
52 Week Low
$176.34
52 Week High
$413.20
P/E
41.38x
P/B
5.04x
P/S
6.29x
PEG
2.02x
Dividend Yield
N/A
Revenue
$3.92B
Earnings
$462.28M
Gross Margin
70.1%
Operating Margin
16.98%
Profit Margin
11.8%
Debt to Equity
0.64
Operating Cash Flow
$615M
Beta
1.52
Next Earnings
Jul 24, 2024
Ex-Dividend
N/A
Next Dividend
N/A

ALGN Overview

Align Technology, Inc., a medical device company, designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for orthodontists and general practitioner dentists, and restorative and aesthetic dentistry. It operates in two segments, Clear Aligner; and Scanners and Services. The Clear Aligner segment consists of comprehensive products, including Invisalign comprehensive treatment that addresses the orthodontic needs of teenage patients, such as mandibular advancement, compliance indicators, and compensation for tooth eruption; and Invisalign First Phase I and Invisalign First Comprehensive Phase 2 package for younger patients generally between the ages of seven and ten years, which is a mixture of primary/baby and permanent teeth. This segment's non-comprehensive products comprise Invisalign moderate, lite and express packages, and Invisalign go; and non-case products include retention products, Invisalign training fees, and sales of ancillary products, such as cleaning material, and adjusting tools used by dental professionals during the course of treatment. The Scanners and Services segment offers iTero scanner, a single hardware platform with software options for restorative or orthodontic procedures; restorative software for general practitioner dentists, prosthodontists, periodontists, and oral surgeons; and software for orthodontists for digital records storage, orthodontic diagnosis, and for the fabrication of printed models and retainers. This segment also provides computer-aided design and computer-aided manufacturing services; ancillary products, such as disposable sleeves for the wand; iTero model and dies; third party scanners and digital scans; Invisalign outcome simulator, a chair-side and cloud-based application for the iTero scanner; Invisalign progress assessment tool; and TimeLapse technology, which allows doctors or practitioners to compare a patient's historic 3D scans to the present-day scan. The company sells its products in the United States, Switzerland, China, and internationally. Align Technology, Inc. was incorporated in 1997 and is headquartered in Tempe, Arizona.

Zen Score

Industry Average (27)
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Due Diligence Checks

ALGN ($251.60) is overvalued by 29.55% relative to our estimate of its Fair Value price of $194.21 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
ALGN ($251.60) is not significantly undervalued (29.55%) relative to our estimate of its Fair Value price of $194.21 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
ALGN ($251.60) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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ALGN News

Valuation

ALGN fair value

Fair Value of ALGN stock based on Discounted Cash Flow (DCF)
Price
$251.60
Fair Value
$194.21
Overvalued by
29.55%
ALGN ($251.60) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
ALGN ($251.60) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
ALGN ($251.60) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

ALGN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
41.38x
Industry
30.13x
Market
29.62x
ALGN is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ALGN is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

ALGN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
5.04x
Industry
3.87x
ALGN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ALGN price to earnings growth (PEG)

For valuing profitable companies with growth potential
ALGN is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

ALGN's financial health

Profit margin

Revenue
$997.4M
Net Income
$105.0M
Profit Margin
10.5%
ALGN's Earnings (EBIT) of $664.97M... subscribe to Premium to read more.
Interest Coverage Financials
ALGN's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.2B
Liabilities
$2.4B
Debt to equity
0.64
ALGN's short-term assets ($2.48B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ALGN's short-term assets ($2.48B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ALGN's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ALGN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$28.7M
Investing
-$79.6M
Financing
-$11.7M
ALGN's operating cash flow ($614.55M)... subscribe to Premium to read more.
Debt Coverage Financials

ALGN vs Medical Device Stocks

TickerMarket Cap1d %P/EP/B
ALGN$18.94B+0.38%41.38x5.04x
STE$22.18B-0.51%58.56x3.52x
ZBH$22.73B-0.80%23.81x1.80x
PHG$23.45B-0.39%-47.21x1.81x
PODD$13.66B+0.04%58.22x17.28x

Align Technology Stock FAQ

What is Align Technology's quote symbol?

(NASDAQ: ALGN) Align Technology trades on the NASDAQ under the ticker symbol ALGN. Align Technology stock quotes can also be displayed as NASDAQ: ALGN.

If you're new to stock investing, here's how to buy Align Technology stock.

What is the 52 week high and low for Align Technology (NASDAQ: ALGN)?

(NASDAQ: ALGN) Align Technology's 52-week high was $413.20, and its 52-week low was $176.34. It is currently -39.11% from its 52-week high and 42.68% from its 52-week low.

How much is Align Technology stock worth today?

(NASDAQ: ALGN) Align Technology currently has 75,281,687 outstanding shares. With Align Technology stock trading at $251.60 per share, the total value of Align Technology stock (market capitalization) is $18.94B.

Align Technology stock was originally listed at a price of $16.88 in Jan 30, 2001. If you had invested in Align Technology stock at $16.88, your return over the last 23 years would have been 1,390.96%, for an annualized return of 12.47% (not including any dividends or dividend reinvestments).

How much is Align Technology's stock price per share?

(NASDAQ: ALGN) Align Technology stock price per share is $251.60 today (as of Jul 19, 2024).

What is Align Technology's Market Cap?

(NASDAQ: ALGN) Align Technology's market cap is $18.94B, as of Jul 22, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Align Technology's market cap is calculated by multiplying ALGN's current stock price of $251.60 by ALGN's total outstanding shares of 75,281,687.
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