EN DE

Angelalign Technology Inc (6699) Fair Value & Analysis

Healthcare · HK · Market cap HK$12.2B

AT Angelalign Technology Inc 6699 · HK
PriceHK$94.40
Fair ValueHK$20.78
Upside-78.0%
Quality75/100
Watch Angelalign Technology Inc for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 7.7% net margin
Low debt · generates free cash flow
0.09% dividend yield
Mixed vs. peers (6/14)
Narrow moat 43/100
Evidence: High Range HK$16.72 – HK$24.84 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 3 days ago

Share price +25.7% over the past month.

A strong business, but screening 78% overvalued on our models.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • A high-quality business (quality 75/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (HK$24.84). The favourable scenario is already priced in.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

HK$435.70 HK$43.55 Fair Value HK$20.78 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range HK$43.55 – HK$435.70 · fair‑value band HK$16.72 – HK$24.84 · the HK$94.40 price screens above the HK$20.78 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Angelalign Technology Inc (6699) currently trades at HK$94.40, while our model-based Fair Value estimate is HK$20.78, implying the stock looks roughly 78.0% overvalued today. The Quality Score stands at 75/100 (high quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Angelalign Technology Inc generated revenue of HK$370M at a net margin of 7.7%. Revenue grew 41.6% year over year. It earns a return on equity of 5.4%. The balance sheet holds a net cash position of HK$775M. Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$16.72 (bear case) to HK$24.84 (bull case); at HK$94.40, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades near its 52-week high and 85% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -46% fair-value upside, at -78%, 6699 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF HK$53.68 HK$95.38 HK$179.67 80
Residual Income HK$16.10 HK$16.63 HK$16.69 76
Rev-Margin DCF HK$27.09 HK$40.59 HK$66.98 74
All 26 models by family
DCF Models
FCF DCF HK$56.75 HK$86.31 HK$180.45 38
Owner Earnings HK$18.01 HK$34.36 HK$68.67 31
5Y Revenue Exit HK$26.35 HK$36.05 HK$55.89 39
5Y EBITDA Exit HK$32.87 HK$49.25 HK$81.19 41
5Y P/E Exit HK$33.83 HK$61.80 HK$98.67 38
10Y Revenue Exit HK$35.14 HK$57.59 HK$67.69 36
10Y EBITDA Exit HK$40.30 HK$71.65 HK$122.56 37
10Y P/E Exit HK$40.99 HK$73.71 HK$124.56 35
Earnings-Based
Graham-Dodd HK$7.92 HK$55.26 HK$77.54 54
Lynch FV HK$23.16 HK$33.09 HK$43.02 50
PEG = 1.0 HK$23.16 HK$33.09 HK$43.02 46
EPV HK$12.21 HK$13.37 HK$14.40 59
Dividend Discount
Gordon GGM HK$6.90 HK$14.35 HK$22.76 70
DDM Multi-Stage HK$6.90 HK$12.10 HK$15.06 61
Multiples
P/E Multiple HK$19.23 HK$25.63 HK$32.04 63
P/S Multiple HK$14.86 HK$19.81 HK$24.76 58
P/B Multiple HK$14.86 HK$19.81 HK$24.76 55
EV/EBIT HK$17.38 HK$21.44 HK$25.50 53
EV/EBITDA HK$23.16 HK$29.15 HK$35.13 54
EV/Revenue HK$13.90 HK$17.62 HK$21.35 43
Asset-Based
NCAV (Graham) HK$10.22 HK$13.69 HK$20.43 50
Growth DCF
Growth DCF HK$53.68 HK$95.38 HK$179.67 80
Rev-Margin DCF HK$27.09 HK$40.59 HK$66.98 74
Economic Profit
Residual Income HK$16.10 HK$16.63 HK$16.69 76
ROIC Compounder HK$12.21 HK$13.37 HK$14.40 72
Growth Earnings
Growth-Adj P/E HK$29.32 HK$41.89 HK$54.46 68

Widest divergence: DCF Models (HK$57.59) versus Dividend Discount (HK$12.10). Highest evidence: Growth DCF (80).

Notify me when 6699 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) HK$370M
Revenue growth (YoY) +41.6%
Net margin 7.7%
Return on equity 5.4%
Free cash flow HK$523M FY2025
P/E ratio 53.7 as of Jul 2, 2026
More key figures
Operating margin 9.6%
EPS (TTM) HK$0.0900
Dividend yield 0.1%
EPS growth (YoY) +60.2%
Net cash HK$775M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 75/100

Of which business quality 75 · Market factors (momentum, volatility) 73

Profitability 38
Margins and returns on capital today
Quality Growth 81
Are margins and returns improving?
Cashflow 85
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Angelalign Technology Inc., an investment holding company, researches and designs, manufactures, sells, and markets clear aligner treatment solutions in the People's Republic of China and internationally.

Full company description

Angelalign Technology Inc., an investment holding company, researches and designs, manufactures, sells, and markets clear aligner treatment solutions in the People's Republic of China and internationally. The company's products include Angel Aligner Pro and Angel Aligner Select, a custom made removable clear orthodontic aligners that move the patient's teeth into the proper position over time; Angel Aligner KiD, a early orthodontic solution from prevention to treatment; and Angel Aligner Retainer. It also provides orthodontics and cosmetic dentistry services, and other dental services through its dental clinics. In addition, it sells intraoral scanners, brackets, and other products to hospitals, dental clinics and distributors; and engages in investing activities. Angelalign Technology Inc. was founded in 2003 and is headquartered in Shanghai, China. Angelalign Technology Inc. is a subsidiary of CareCapital Orthotech Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Angelalign Technology Inc reported revenue of HK$2.6B in FY2025 versus HK$1.3B in FY2021, a compound +19.5%/yr. Reported net income was HK$199M in FY2025, compounding −8.6%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
HK$2.6B
Latest YoY
+32.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.0%
Avg. growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.9%
Revenue +19.5%/yr
FY21 HK$1.3B
FY22 HK$1.3B
FY23 HK$1.5B
FY24 HK$2.0B
FY25 HK$2.6B
Net income −8.6%/yr
FY21 HK$286M
FY22 HK$214M
FY23 HK$53.5M
FY24 HK$88.4M
FY25 HK$199M

6699 screens 78% overvalued. Compare with Intuitive Surgical, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Angelalign Technology Inc Fair Value". https://www.fairvalue-calculator.com/stock/6699

Peer Group

Medical Instruments & Supplies · 202 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 75 · Top 25%
Fair Value upside −78% · Bottom 25%
Return on equity (TTM) 5% · Below median
Return on assets 3% · Below median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 10% · Below median
Revenue growth 42% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/E (TTM) 53.7× · Pricier than 75% of peers
P/B 0.45× · Cheaper than 75% of peers
P/S (TTM) 4.20× · Pricier than median
P/FCF 3.0× · Cheaper than median
EV/EBITDA 15.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 100 · sector 26
PAST 21 · sector 25
HEALTH 100 · sector 96
DIVIDEND 2 · sector 36

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $401.27 $150.04 -63%
EssilorLuxottica Société anonyme 1EL €164.40 €68.55 -58%
Medline Inc MDLN $35.50 $30.15 -15%
Becton, Dickinson and Company BDX $181.41 $100.46 -45%
Alcon Inc ALC $73.58 $39.78 -46%
ResMed Inc RMD $226.00 $187.89 -17%
West Pharmaceutical Services, Inc WST $352.29 $141.58 -60%
Sartorius Stedim Biotech S.A DIM €180.30 €48.88 -73%
Coloplast A/S COLOB kr 429.70 kr 382.22 -11%
Gan & Lee Pharmaceuticals., a biopharmaceutical company, 603087 ¥77.48 ¥27.22 -65%

Compare Angelalign Technology Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Angelalign Technology Inc (6699) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$20.78 versus a price of HK$94.40, about −78% (overvalued).
What is the fair value of 6699?
Our model-based fair value for Angelalign Technology Inc is HK$20.78 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$94.40.
What is the quality score of 6699?
Angelalign Technology Inc has a Quality Score of 75/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Angelalign Technology Inc (6699)?
Angelalign Technology Inc reported trailing-twelve-month revenue of about HK$370M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 6699?
The net profit margin of Angelalign Technology Inc is about 7.7%, meaning it keeps roughly 7.7% of revenue as net income. Based on the latest reported figures.
Does Angelalign Technology Inc pay a dividend?
Angelalign Technology Inc currently shows a dividend yield of about 0.09% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Angelalign Technology Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.