` Comparison: CALZF, ALGN - Alpha Spread

CALZF
vs
ALGN

Over the past 12 months, CALZF has underperformed ALGN, delivering a return of -43% compared to the ALGN's 34% drop.

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CALZF
ALGN
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Valuation Comparison

CALZF Intrinsic Value
0.6502 USD
Overvaluation 19%
Intrinsic Value
Price
ALGN Intrinsic Value
205.08 USD
Undervaluation 23%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Polynovo Ltd
OTC:CALZF
0.7986 USD
Align Technology Inc
NASDAQ:ALGN
157.21 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CALZF, ALGN

CALZF
ALGN
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Polynovo Ltd
Revenue
Align Technology Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
CALZF, ALGN

CALZF
ALGN
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Polynovo Ltd
OTC:CALZF
Align Technology Inc
NASDAQ:ALGN
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What is Free Cash Flow?

Gross Margin

CALZF
95.9%
ALGN
69.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

Operating Margin

CALZF
3.9%
ALGN
16.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

Net Margin

CALZF
10.4%
ALGN
9.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

FCF Margin

CALZF
-8.4%
ALGN
14.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

ROE

CALZF
17%
ALGN
9.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

ROA

CALZF
11.2%
ALGN
6%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

ROIC

CALZF
12.2%
ALGN
8%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

ROCE

CALZF
5.4%
ALGN
15.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Polynovo Ltd
Align Technology Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CALZF, ALGN

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Performance Gap
CALZF, ALGN

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CALZF
ALGN
Difference
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Performance By Year
CALZF, ALGN

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CALZF
ALGN
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