Align Technology, Inc. Logo

Align Technology, Inc.

ALGN

(1.8)
Stock Price

253,01 USD

6.22% ROA

12.23% ROE

58.28x PER

Market Cap.

21.148.548.183,00 USD

5.65% DER

0% Yield

11.52% NPM

Align Technology, Inc. Stock Analysis

Align Technology, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Align Technology, Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (6%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 ROE

ROE in an average range (9.99%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (6.22%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (3.432) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (4.16x) suggests it's overvalued, potentially making it an expensive investment.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Align Technology, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Align Technology, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Align Technology, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Align Technology, Inc. Revenue
Year Revenue Growth
1999 411.000
2000 6.741.000 93.9%
2001 46.384.000 85.47%
2002 75.395.000 38.48%
2003 122.725.000 38.57%
2004 172.830.000 28.99%
2005 207.125.000 16.56%
2006 206.354.000 -0.37%
2007 284.332.000 27.42%
2008 303.976.000 6.46%
2009 312.333.000 2.68%
2010 387.126.000 19.32%
2011 479.741.000 19.31%
2012 560.041.000 14.34%
2013 660.206.000 15.17%
2014 761.653.000 13.32%
2015 845.486.000 9.92%
2016 1.079.874.000 21.71%
2017 1.473.413.000 26.71%
2018 1.966.492.000 25.07%
2019 2.406.796.000 18.29%
2020 2.471.941.000 2.64%
2021 3.952.584.000 37.46%
2022 3.734.635.000 -5.84%
2023 3.840.856.000 2.77%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Align Technology, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1999 4.200.000
2000 9.169.000 54.19%
2001 14.683.000 37.55%
2002 13.064.000 -12.39%
2003 13.112.000 0.37%
2004 15.756.000 16.78%
2005 18.585.000 15.22%
2006 18.474.000 -0.6%
2007 25.727.000 28.19%
2008 26.165.000 1.67%
2009 22.252.000 -17.58%
2010 25.997.000 14.41%
2011 37.154.000 30.03%
2012 42.869.000 13.33%
2013 44.083.000 2.75%
2014 52.799.000 16.51%
2015 61.237.000 13.78%
2016 75.720.000 19.13%
2017 97.559.000 22.39%
2018 128.899.000 24.31%
2019 157.361.000 18.09%
2020 175.307.000 10.24%
2021 250.315.000 29.97%
2022 305.258.000 18%
2023 354.952.000 14%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Align Technology, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 62.154.000 100%
2009 61.718.000 -0.71%
2010 64.790.000 4.74%
2011 89.152.000 27.33%
2012 95.840.000 6.98%
2013 112.752.000 15%
2014 114.806.000 1.79%
2015 0 0%
2016 0 0%
2017 0 0%
2018 852.404.000 100%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Align Technology, Inc. EBITDA
Year EBITDA Growth
1999 -14.060.000
2000 -78.470.000 82.08%
2001 -67.539.000 -16.18%
2002 -38.455.000 -75.63%
2003 2.246.000 1812.15%
2004 24.896.000 90.98%
2005 14.422.000 -72.63%
2006 -27.783.000 151.91%
2007 46.202.000 160.13%
2008 27.976.000 -65.15%
2009 -31.374.000 189.17%
2010 94.500.000 133.2%
2011 92.803.000 -1.83%
2012 162.229.000 42.8%
2013 245.063.000 33.8%
2014 211.432.000 -15.91%
2015 206.638.000 -2.32%
2016 272.923.000 24.29%
2017 353.611.000 22.82%
2018 466.564.000 24.21%
2019 486.473.000 4.09%
2020 387.171.000 -25.65%
2021 976.400.000 60.35%
2022 665.501.000 -46.72%
2023 665.384.000 -0.02%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Align Technology, Inc. Gross Profit
Year Gross Profit Growth
1999 -1.343.000
2000 -13.510.000 90.06%
2001 -447.000 -2922.37%
2002 29.405.000 101.52%
2003 71.160.000 58.68%
2004 115.304.000 38.28%
2005 143.341.000 19.56%
2006 141.579.000 -1.24%
2007 209.297.000 32.35%
2008 225.126.000 7.03%
2009 233.492.000 3.58%
2010 303.417.000 23.05%
2011 361.283.000 16.02%
2012 416.388.000 13.23%
2013 498.106.000 16.41%
2014 578.443.000 13.89%
2015 640.110.000 9.63%
2016 815.294.000 21.49%
2017 1.116.947.000 27.01%
2018 1.447.867.000 22.86%
2019 1.743.897.000 16.98%
2020 1.763.235.000 1.1%
2021 2.935.355.000 39.93%
2022 2.633.775.000 -11.45%
2023 2.652.304.000 0.7%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Align Technology, Inc. Net Profit
Year Net Profit Growth
1999 -15.415.000
2000 -88.748.000 82.63%
2001 -97.474.000 8.95%
2002 -68.121.000 -43.09%
2003 -20.122.000 -238.54%
2004 8.768.000 329.49%
2005 1.413.000 -520.52%
2006 -34.963.000 104.04%
2007 35.724.000 197.87%
2008 79.987.000 55.34%
2009 -31.269.000 355.8%
2010 74.253.000 142.11%
2011 66.716.000 -11.3%
2012 58.691.000 -13.67%
2013 64.295.000 8.72%
2014 145.832.000 55.91%
2015 144.020.000 -1.26%
2016 189.682.000 24.07%
2017 231.418.000 18.03%
2018 400.235.000 42.18%
2019 442.776.000 9.61%
2020 1.775.888.000 75.07%
2021 772.020.000 -130.03%
2022 361.573.000 -113.52%
2023 485.708.000 25.56%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Align Technology, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 -4
2000 -16 81.25%
2001 -2 -700%
2002 -1 -100%
2003 0 0%
2004 0 0%
2005 0 0%
2006 -1 0%
2007 1 0%
2008 1 100%
2009 0 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 2 100%
2015 2 0%
2016 2 50%
2017 3 0%
2018 5 60%
2019 6 0%
2020 23 77.27%
2021 10 -144.44%
2022 5 -125%
2023 6 33.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Align Technology, Inc. Free Cashflow
Year Free Cashflow Growth
1999 -14.096.000
2000 -72.371.000 80.52%
2001 -97.030.000 25.41%
2002 -48.511.000 -100.02%
2003 4.537.000 1169.23%
2004 15.501.000 70.73%
2005 2.287.000 -577.79%
2006 -38.058.000 106.01%
2007 45.348.000 183.92%
2008 25.412.000 -78.45%
2009 66.973.000 62.06%
2010 111.498.000 39.93%
2011 100.065.000 -11.43%
2012 95.445.000 -4.84%
2013 166.564.000 42.7%
2014 202.807.000 17.87%
2015 184.546.000 -9.9%
2016 177.078.000 -4.22%
2017 242.844.000 27.08%
2018 331.369.000 26.71%
2019 597.563.000 44.55%
2020 507.258.000 -17.8%
2021 771.446.000 34.25%
2022 276.832.000 -178.67%
2023 287.206.000 3.61%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Align Technology, Inc. Operating Cashflow
Year Operating Cashflow Growth
1999 -11.633.000
2000 -58.800.000 80.22%
2001 -77.855.000 24.47%
2002 -40.399.000 -92.72%
2003 12.122.000 433.27%
2004 24.562.000 50.65%
2005 16.088.000 -52.67%
2006 -14.030.000 214.67%
2007 52.777.000 126.58%
2008 39.746.000 -32.79%
2009 74.165.000 46.41%
2010 129.529.000 42.74%
2011 130.469.000 0.72%
2012 133.778.000 2.47%
2013 185.976.000 28.07%
2014 226.899.000 18.04%
2015 237.997.000 4.66%
2016 247.654.000 3.9%
2017 438.539.000 43.53%
2018 554.681.000 20.94%
2019 747.270.000 25.77%
2020 662.174.000 -12.85%
2021 1.172.544.000 43.53%
2022 568.732.000 -106.17%
2023 287.206.000 -98.02%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Align Technology, Inc. Capital Expenditure
Year Capital Expenditure Growth
1999 2.463.000
2000 13.571.000 81.85%
2001 19.175.000 29.23%
2002 8.112.000 -136.38%
2003 7.585.000 -6.95%
2004 9.061.000 16.29%
2005 13.801.000 34.35%
2006 24.028.000 42.56%
2007 7.429.000 -223.44%
2008 14.334.000 48.17%
2009 7.192.000 -99.3%
2010 18.031.000 60.11%
2011 30.404.000 40.7%
2012 38.333.000 20.68%
2013 19.412.000 -97.47%
2014 24.092.000 19.43%
2015 53.451.000 54.93%
2016 70.576.000 24.26%
2017 195.695.000 63.94%
2018 223.312.000 12.37%
2019 149.707.000 -49.17%
2020 154.916.000 3.36%
2021 401.098.000 61.38%
2022 291.900.000 -37.41%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Align Technology, Inc. Equity
Year Equity Growth
1999 -19.414.000
2000 -84.674.000 77.07%
2001 99.402.000 185.18%
2002 70.620.000 -40.76%
2003 62.976.000 -12.14%
2004 85.739.000 26.55%
2005 93.438.000 8.24%
2006 83.556.000 -11.83%
2007 161.154.000 48.15%
2008 218.540.000 26.26%
2009 273.036.000 19.96%
2010 377.747.000 27.72%
2011 490.781.000 23.03%
2012 581.317.000 15.57%
2013 633.970.000 8.31%
2014 752.771.000 15.78%
2015 847.926.000 11.22%
2016 995.389.000 14.81%
2017 1.150.370.000 13.47%
2018 1.252.891.000 8.18%
2019 1.346.169.000 6.93%
2020 3.233.865.000 58.37%
2021 3.622.714.000 10.73%
2022 3.601.358.000 -0.59%
2023 3.801.866.000 5.27%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Align Technology, Inc. Assets
Year Assets Growth
1999 17.091.000
2000 70.561.000 75.78%
2001 118.218.000 40.31%
2002 92.856.000 -27.31%
2003 102.202.000 9.14%
2004 130.712.000 21.81%
2005 142.110.000 8.02%
2006 151.558.000 6.23%
2007 222.761.000 31.96%
2008 279.341.000 20.25%
2009 355.240.000 21.37%
2010 476.943.000 25.52%
2011 649.264.000 26.54%
2012 756.312.000 14.15%
2013 832.147.000 9.11%
2014 987.997.000 15.77%
2015 1.158.633.000 14.73%
2016 1.396.151.000 17.01%
2017 1.777.856.000 21.47%
2018 2.052.458.000 13.38%
2019 2.500.702.000 17.92%
2020 4.829.683.000 48.22%
2021 5.942.110.000 18.72%
2022 5.947.947.000 0.1%
2023 6.318.551.000 5.87%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Align Technology, Inc. Liabilities
Year Liabilities Growth
1999 36.505.000
2000 155.235.000 76.48%
2001 18.816.000 -725.02%
2002 22.236.000 15.38%
2003 39.226.000 43.31%
2004 44.973.000 12.78%
2005 48.672.000 7.6%
2006 68.002.000 28.43%
2007 61.607.000 -10.38%
2008 60.801.000 -1.33%
2009 82.204.000 26.04%
2010 99.196.000 17.13%
2011 158.483.000 37.41%
2012 174.995.000 9.44%
2013 198.177.000 11.7%
2014 235.226.000 15.75%
2015 310.707.000 24.29%
2016 400.762.000 22.47%
2017 627.486.000 36.13%
2018 799.567.000 21.52%
2019 1.154.533.000 30.75%
2020 1.595.818.000 27.65%
2021 2.319.396.000 31.2%
2022 2.346.589.000 1.16%
2023 2.516.685.000 6.76%

Align Technology, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
49.72
Net Income per Share
4.74
Price to Earning Ratio
58.28x
Price To Sales Ratio
5.56x
POCF Ratio
23.93
PFCF Ratio
29.88
Price to Book Ratio
5.56
EV to Sales
5.26
EV Over EBITDA
32.94
EV to Operating CashFlow
22.64
EV to FreeCashFlow
28.27
Earnings Yield
0.02
FreeCashFlow Yield
0.03
Market Cap
21,15 Bil.
Enterprise Value
20,01 Bil.
Graham Number
72.76
Graham NetNet
-5.31

Income Statement Metrics

Net Income per Share
4.74
Income Quality
3.65
ROE
0.1
Return On Assets
0.07
Return On Capital Employed
0.15
Net Income per EBT
0.69
EBT Per Ebit
1.03
Ebit per Revenue
0.16
Effective Tax Rate
0.31

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.09
Stock Based Compensation to Revenue
0.03
Gross Profit Margin
0.7
Operating Profit Margin
0.16
Pretax Profit Margin
0.17
Net Profit Margin
0.12

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
11.54
Free CashFlow per Share
9.24
Capex to Operating CashFlow
-0.2
Capex to Revenue
-0.05
Capex to Depreciation
-2.4
Return on Invested Capital
0.08
Return on Tangible Assets
0.06
Days Sales Outstanding
86.69
Days Payables Outstanding
31.59
Days of Inventory on Hand
93.84
Receivables Turnover
4.21
Payables Turnover
11.56
Inventory Turnover
3.89
Capex per Share
-2.3

Balance Sheet

Cash per Share
16,77
Book Value per Share
49,65
Tangible Book Value per Share
43.29
Shareholders Equity per Share
49.65
Interest Debt per Share
2.8
Debt to Equity
0.06
Debt to Assets
0.03
Net Debt to EBITDA
-1.88
Current Ratio
1.27
Tangible Asset Value
3,31 Bil.
Net Current Asset Value
0,19 Bil.
Invested Capital
0.06
Working Capital
0,58 Bil.
Intangibles to Total Assets
0.08
Average Receivables
0,91 Bil.
Average Payables
0,10 Bil.
Average Inventory
304462500
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Align Technology, Inc. Dividends
Year Dividends Growth

Align Technology, Inc. Profile

About Align Technology, Inc.

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.

CEO
Mr. Joseph M. Hogan
Employee
21.610
Address
410 North Scottsdale Road
Tempe, 85281

Align Technology, Inc. Executives & BODs

Align Technology, Inc. Executives & BODs
# Name Age
1 Mr. Simon Beard
MD for Americas and EMEA Region & Executive Vice President
70
2 Mr. Joseph M. Hogan
President, Chief Executive Officer & Director
70
3 Mr. Zelko Relic
Executive Vice President & Chief Technology Officer
70
4 Ms. Jennifer Olson-Wilk
Executive Vice President of Customer Success
70
5 Mr. John F. Morici
Chief Financial Officer & Executive Vice President of Global Finance
70
6 Mr. Vamsi Mohan-Raj Pudipeddi
Executive Vice President, Chief Product & Marketing Officer and MD of Asia Pacific
70
7 Ms. Julie Ann Coletti
Executive Vice President and Chief Legal & Regulatory Officer
70
8 Ms. Shirley Stacy
Vice President of Corporate Communications & Investor Relations
70
9 Mr. Stuart Hockridge
Executive Vice President of Global Human Resources
70
10 Mr. Emory M. Wright
Executive Vice President of Global Operations
70

Align Technology, Inc. Competitors