|Company name||Align Technology, Inc.|
|Live stock price||[stckqut]ALGN[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$268.51|
|Target stock price (averages with growth)||$296.76|
|Target stock price (averages with no growth)||$134.74|
|Target stock price (manual assumptions)||$269.77|
The following company description is from Google Finance: http://www.google.com/finance?q=algn
Align Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design/computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Teen and Assist (Comprehensive Products), Express/Lite (Non-Comprehensive Products) and Vivera Retainers, along with its training and ancillary products for treating malocclusion (Non-Case). The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Scanner segment includes its iTero scanner and OrthoCAD services.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Align Technology, Inc.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Align Technology, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $174.05
- Growth: 0.2
- Current EPS (TTM): $2.91
- P/E: 60
- Future EPS Calc: $7.24
- Future Stock Price Calc: $434.46
- Target stock price: $269.76
I hope that this makes you a Confident Investor.