bullish
Align Technology (ALGN US) Vs. Angelalign Technology (6699 HK): Which One Is Better Investment
297 Views02 Mar 2022 18:03
SUMMARY
- Align Technology (ALGN US) is better investment idea than its Chinese competitor Angelalign Technology (6699 HK), due to its larger global scale of operation, early mover advantage, and cheaper valuation.
- Align Technology is well-positioned for 20%+ revenue and earnings growth through 2024, driven by large and underpenetrated TAM of 19 million annual ortho starts.
- Align Technology shares are trading at a steep discount to Angelalign Technology shares. Price erosion due to the increasing competition remains the key risks for both the companies.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Rising
Tina Banerjee
Global Healthcare Analyst
- Align Technology - Very Well Positioned when Demand Returns15 Jan 2023
- Align Technology (ALGN US): Q3 Result Not Aligned with Consensus; Outlook Remains Cloudy27 Oct 2022
- Align Technology (ALGN US) Q1 Results: Both Revenue and Earnings Miss, First Time in Last Two Years28 Apr 2022
- Align Technology (ALGN US) Vs. Angelalign Technology (6699 HK): Which One Is Better Investment02 Mar 2022
- Angelalign Technology (6699 HK): Pricey Valuation Is Clouding the Upside Potential25 Oct 2021
- Angelalign (时代天使) IPO Trading: Concentrated Allocation Despite No Cornerstone15 Jun 2021
x