Invisalign Makers Share Value Plunges Amid Macroeconomic Uncertainty

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Align Technology Intrinsic Value – ALIGN TECHNOLOGY ($NASDAQ:ALGN) is a publicly traded company that manufactures Invisalign, a clear alternative to metal braces. The company’s share value has taken a hit this year amid macroeconomic uncertainty. Rising interest rates and a stronger dollar have been headwinds for many industries this year, and ALIGN TECHNOLOGY has been no exception. The company’s shares have tracked the volatility in the S& P 500 index pretty closely this year.

Despite the challenges, ALIGN TECHNOLOGY remains a leader in its industry. Invisalign is the most popular clear aligner brand in the world and has helped millions of people achieve straighter teeth. Looking ahead, it remains to be seen how long macroeconomic uncertainty will continue to weigh on ALIGN TECHNOLOGY’s share value. In the meantime, the company is focused on innovating its product offerings and expanding its reach to more patients.

Stock Price

In recent months, there has been increased uncertainty in the global economy. This has led to many companies’ stock prices fluctuating. Align Technology is no exception. On Thursday, Align’s stock opened at $187.0 and closed at $196.5, up 12.5% from the previous day’s close of $174.6. While the current macroeconomic conditions are uncertain, Align Technology’s stock price has remained relatively stable.

VI Analysis – Align Technology Intrinsic Value Calculator

The company’s fundamentals reflect its long-term potential, and the fair value of Align Technology‘s stock is around $511.5, calculated by the VI Line. However, the stock is currently traded at $196.5, undervalued by 62%.

VI Peers

Headquartered in San Jose, California, Align Technology was founded in 1997 and received FDA clearance for Invisalign in 1998. Align Technology went public in 2001 and today has a market capitalization of over $13 billion. The company’s competitors include QT Vascular Ltd, ViewRay Inc, and GN Store Nord A/S.

– QT Vascular Ltd ($SGX:5I0)

Ray Inc is a publicly traded company that engages in the business of providing technology solutions. Its solutions include software development, web design, and online marketing. The company’s primary focus is on small businesses. Ray Inc has a market cap of 704.13M as of 2022 and a Return on Equity of -75.17%. Ray Inc’s market cap is 704.13M, which means it has a market value of 704.13M. Ray Inc’s ROE of -75.17% means that it has a negative net income. This is likely due to the company’s expenses exceeding its revenue.

– ViewRay Inc ($NASDAQ:VRAY)

A.P. Moller – Maersk is an integrated logistics company. It operates in areas including container shipping and terminals, oil and gas, shipping and logistics, and other activities. The company has a market cap of 19.32B as of March 2021 and a return on equity of 13.56%. A.P. Moller – Maersk operates in more than 130 countries and employs around 89,000 people. The company was founded in 1904 and is headquartered in Copenhagen, Denmark.

Summary

The current macroeconomic climate is one of uncertainty, which has led to many investors fleeing to safe haven assets.

However, this has also created opportunities for those who are willing to take on more risk. One company that has been caught in the crosshairs of this volatility is Align Technology, Inc. Align Technology is a medical device company that specializes in orthodontics. The company’s flagship product is Invisalign, a clear aligner that is used to straighten teeth. Despite the current market conditions, Align Technology’s stock has held up relatively well. For investors looking for exposure to the healthcare sector, Align Technology could be an interesting option. The company’s products are in high demand and its business is relatively recession-proof. Moreover, with the recent sell-off in the stock, it may be an attractive time to initiate a position.