Align Technology (XTER:AFW) FCF Yield %: 4.57 (As of Jun. 27, 2026) — 117% Above Median


XTER:AFW Align Technology Inc XTER:AFW
89 GF Score
Price €149.05
GF Value €200.25
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Align Technology FCF Yield %?

Align Technology XTER:AFW 89 FCF Yield % is 4.57 as of Jun. 27, 2026, which is 117% above its 10-year median of 2.11. GuruFocus rates XTER:AFW with a GF Score™ of 89/100 and a GF Value™ of €200.25 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Align Technology ranks better than 77.89% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Align Technology's Trailing 12-Month Free Cash Flow is €501 Mil, and Market Cap is €11,071 Mil. Therefore, Align Technology's FCF Yield % for today is 4.57%.

The historical rank and industry rank for Align Technology's FCF Yield % or its related term are showing as below:

XTER:AFW' s FCF Yield % Range Over the Past 10 Years
Min: 0.83   Med: 2.11   Max: 6.89
Current: 4.57


During the past 13 years, the highest FCF Yield % of Align Technology was 6.89%. The lowest was 0.83%. And the median was 2.11%.

XTER:AFW's FCF Yield % is ranked better than
77.89% of 855 companies
in the Medical Devices & Instruments industry
Industry Median: -0.38 vs XTER:AFW: 4.57

Align Technology's FCF Margin % for the quarter that ended in Mar. 2026 was 11.56%.


Align Technology FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Align Technology FCF Yield % Related Terms


Align Technology FCF Yield % Historical Data

* Premium members only.

The historical data trend for Align Technology's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Align Technology FCF Yield % Chart

Align Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.72 2.37 2.57 4.37

Align Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 1.64 2.55 6.67 4.01

XTER:AFW vs SOLV, COO, BAX: FCF Yield % Comparison

For the Medical Instruments & Supplies subindustry, Align Technology's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Align Technology FCF Yield % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Align Technology's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Align Technology's FCF Yield % falls into.


XTER:AFW
89GF Score
Align Technology Inc XTER:AFW
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Align Technology FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Align Technology's FCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=419.124 / 9591.3216
=4.37%

Align Technology's annualized FCF Yield % for the quarter that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=104.022 * 4 / 10388.04585
=4.01%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of 4.57 mean?
Align Technology (XTER:AFW) has a FCF Yield % of 4.57 as of Jun. 27, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Align Technology and its competitors. This is 117% above median its historical median of 2.11. Over the past decade, Align Technology's FCF Yield % has ranged from 0.83 to 6.89. According to the industry distribution chart, Align Technology ranks #189 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 22.1%.
Is Align Technology's FCF Yield % too high?
Align Technology's current FCF Yield % of 4.57 is 117% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 6.89. Based on the distribution chart, Align Technology ranks #189 out of 855 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Align Technology has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Align Technology's FCF Yield % compare to SOLV and COO?
According to the Medical Devices & Instruments industry distribution chart, Align Technology ranks #189 out of 855 companies for FCF Yield %. This places Align Technology in the top 22% of its industry — outperforming the majority of peers. Historically, Align Technology's own FCF Yield % has ranged from 0.83 to 6.89 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for a Medical Devices & Instruments company?
A good FCF Yield % depends on the Medical Devices & Instruments industry context. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on Align Technology and its competitors. Align Technology's current FCF Yield % is 4.57, which is 117% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Align Technology stock overvalued right now?
Based on GuruFocus' analysis, Align Technology (XTER:AFW) is currently considered Modestly Undervalued. The stock's GF Value™ is €200.25, compared to a current price of €149.05 — trading 25.6% below its estimated fair value. The current FCF Yield % is 4.57, which is 117% above median its 10-year median of 2.11. Align Technology's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For Align Technology (XTER:AFW), the current FCF Yield % is 4.57 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Align Technology (XTER:AFW) Overvalued in 2026?

Based on GuruFocus' analysis, Align Technology stock appears to be undervalued. The current stock price of €149.05 is trading 25.6% below its estimated GF Value™ of €200.25. GuruFocus considers Align Technology to be Modestly Undervalued.

Key valuation signals for XTER:AFW:

  • FCF Yield %: 4.57 (117% above median its 10-year median of 2.11)
  • GF Value™: €200.25 vs. price of €149.05 (25.6% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the XTER:AFW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Align Technology Business Description

Address 410 North Scottsdale Road, Suite 1300, Tempe, AZ, USA, 85288
Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the Food and Drug Administration in 1998 and has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients' teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans, and iTero scans make up over half of these scans.
89GF Score

Get the complete analysis for XTER:AFW

FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€149.05
Price
€200.25
GF Value