Altair Engineering Statistics
Total Valuation
ALTR has a market cap or net worth of $7.45 billion. The enterprise value is $7.23 billion.
| Market Cap | 7.45B |
| Enterprise Value | 7.23B |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, after market close.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ALTR has 83.03 million shares outstanding. The number of shares has increased by 11.99% in one year.
| Shares Outstanding | 83.03M |
| Shares Change (YoY) | +11.99% |
| Shares Change (QoQ) | +9.82% |
| Owned by Insiders (%) | 2.64% |
| Owned by Institutions (%) | 106.32% |
| Float | 26.25M |
Valuation Ratios
The trailing PE ratio is 747.75 and the forward PE ratio is 70.98. ALTR's PEG ratio is 5.22.
| PE Ratio | 747.75 |
| Forward PE | 70.98 |
| PS Ratio | 12.03 |
| Forward PS | 10.89 |
| PB Ratio | 9.77 |
| P/FCF Ratio | 57.17 |
| PEG Ratio | 5.22 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 97.96, with an EV/FCF ratio of 55.49.
| EV / Earnings | 754.86 |
| EV / Sales | 11.67 |
| EV / EBITDA | 97.96 |
| EV / EBIT | 207.64 |
| EV / FCF | 55.49 |
Financial Position
The company has a current ratio of 2.46, with a Debt / Equity ratio of 0.44.
| Current Ratio | 2.46 |
| Quick Ratio | 2.31 |
| Debt / Equity | 0.44 |
| Debt / EBITDA | 4.59 |
| Debt / FCF | 2.60 |
| Interest Coverage | 5.65 |
Financial Efficiency
Return on equity (ROE) is 1.40% and return on invested capital (ROIC) is 0.49%.
| Return on Equity (ROE) | 1.40% |
| Return on Assets (ROA) | 0.70% |
| Return on Capital (ROIC) | 0.49% |
| Revenue Per Employee | $182,229 |
| Profits Per Employee | $2,818 |
| Employee Count | 3,400 |
| Asset Turnover | 0.47 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ALTR has paid $19.08 million in taxes.
| Income Tax | 19.08M |
| Effective Tax Rate | 66.58% |
Stock Price Statistics
The stock price has increased by +20.90% in the last 52 weeks. The beta is 1.48, so ALTR's price volatility has been higher than the market average.
| Beta (5Y) | 1.48 |
| 52-Week Price Change | +20.90% |
| 50-Day Moving Average | 93.17 |
| 200-Day Moving Average | 82.00 |
| Relative Strength Index (RSI) | 36.16 |
| Average Volume (20 Days) | 861,348 |
Short Selling Information
The latest short interest is 4.37 million, so 5.27% of the outstanding shares have been sold short.
| Short Interest | 4.37M |
| Short Previous Month | 3.41M |
| Short % of Shares Out | 5.27% |
| Short % of Float | 16.66% |
| Short Ratio (days to cover) | 4.46 |
Income Statement
In the last 12 months, ALTR had revenue of $619.58 million and earned $9.58 million in profits. Earnings per share was $0.12.
| Revenue | 619.58M |
| Gross Profit | 499.63M |
| Operating Income | 15.99M |
| Pretax Income | 28.66M |
| Net Income | 9.58M |
| EBITDA | 73.82M |
| EBIT | 34.83M |
| Earnings Per Share (EPS) | $0.12 |
Balance Sheet
The company has $557.61 million in cash and $338.68 million in debt, giving a net cash position of $218.93 million or $2.64 per share.
| Cash & Cash Equivalents | 557.61M |
| Total Debt | 338.68M |
| Net Cash | 218.93M |
| Net Cash Per Share | $2.64 |
| Equity (Book Value) | 762.93M |
| Book Value Per Share | 9.19 |
| Working Capital | 433.65M |
Cash Flow
In the last 12 months, operating cash flow was $141.56 million and capital expenditures -$11.23 million, giving a free cash flow of $130.33 million.
| Operating Cash Flow | 141.56M |
| Capital Expenditures | -11.23M |
| Free Cash Flow | 130.33M |
| FCF Per Share | $1.58 |
Margins
Gross margin is 80.64%, with operating and profit margins of 2.58% and 1.55%.
| Gross Margin | 80.64% |
| Operating Margin | 2.58% |
| Pretax Margin | 4.63% |
| Profit Margin | 1.55% |
| EBITDA Margin | 11.91% |
| EBIT Margin | 5.62% |
| FCF Margin | 21.03% |
Dividends & Yields
ALTR does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -11.99% |
| Shareholder Yield | -11.99% |
| Earnings Yield | 0.13% |
| FCF Yield | 1.75% |
Analyst Forecast
The average price target for ALTR is $94.60, which is 5.43% higher than the current price. The consensus rating is "Buy".
| Price Target | $94.60 |
| Price Target Difference | 5.43% |
| Analyst Consensus | Buy |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ALTR has an Altman Z-Score of 8.04 and a Piotroski F-Score of 7.
| Altman Z-Score | 8.04 |
| Piotroski F-Score | 7 |