Discounted Cash Flow
Align Technology Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $1.1b | $189.7m | $177.1m | 17.6% | $2.38 |
| 2017 | $1.5b (36.4%) | $231.4m (22.0%) | $242.8m (37.1%) | 15.7% (-10.6%) | $2.89 (21.4%) |
| 2018 | $2.0b (33.5%) | $400.2m (72.9%) | $331.4m (36.5%) | 20.4% (29.6%) | $5.00 (73.0%) |
| 2019 | $2.4b (22.4%) | $442.8m (10.6%) | $597.6m (80.3%) | 18.4% (-9.6%) | $5.57 (11.4%) |
| 2020 | $2.5b (2.7%) | $1.8b (301.1%) | $507.3m (-15.1%) | 71.8% (290.5%) | $22.55 (304.8%) |
| 2021 | $4.0b (59.9%) | $772.0m (-56.5%) | $771.4m (52.1%) | 19.5% (-72.8%) | $9.78 (-56.6%) |
| 2022 | $3.7b (-5.5%) | $361.6m (-53.2%) | $276.8m (-64.1%) | 9.7% (-50.4%) | $4.62 (-52.8%) |
| 2023 | $3.9b (3.4%) | $445.1m (23.1%) | $608.1m (119.6%) | 11.5% (19.0%) | $5.82 (26.0%) |
| 2024 | $4.0b (3.5%) | $421.4m (-5.3%) | $622.7m (2.4%) | 10.5% (-8.6%) | $5.63 (-3.3%) |
| 2025 | $4.0b (0.9%) | $410.4m (-2.6%) | $490.8m (-21.2%) | 10.2% (-3.5%) | $5.66 (0.5%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.