Altair Engineering Statistics
Total Valuation
ALTR has a market cap or net worth of $9.60 billion. The enterprise value is $9.29 billion.
| Market Cap | 9.60B |
| Enterprise Value | 9.29B |
Important Dates
The next estimated earnings date is Thursday, May 1, 2025, after market close.
| Earnings Date | May 1, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
ALTR has 85.79 million shares outstanding. The number of shares has increased by 9.88% in one year.
| Current Share Class | 60.40M |
| Shares Outstanding | 85.79M |
| Shares Change (YoY) | +9.88% |
| Shares Change (QoQ) | +1.04% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | 48.27% |
| Float | 47.95M |
Valuation Ratios
The trailing PE ratio is 676.98 and the forward PE ratio is 88.54.
| PE Ratio | 676.98 |
| Forward PE | 88.54 |
| PS Ratio | 14.13 |
| Forward PS | 13.15 |
| PB Ratio | 11.17 |
| P/TBV Ratio | 29.82 |
| P/FCF Ratio | 68.54 |
| P/OCF Ratio | 62.28 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 154.06, with an EV/FCF ratio of 66.38.
| EV / Earnings | 655.62 |
| EV / Sales | 13.96 |
| EV / EBITDA | 154.06 |
| EV / EBIT | 511.72 |
| EV / FCF | 66.38 |
Financial Position
The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.30.
| Current Ratio | 1.61 |
| Quick Ratio | 1.56 |
| Debt / Equity | 0.30 |
| Debt / EBITDA | 3.49 |
| Debt / FCF | 1.85 |
| Interest Coverage | 3.11 |
Financial Efficiency
Return on equity (ROE) is 1.81% and return on invested capital (ROIC) is 1.05%.
| Return on Equity (ROE) | 1.81% |
| Return on Assets (ROA) | 0.81% |
| Return on Invested Capital (ROIC) | 1.05% |
| Return on Capital Employed (ROCE) | 1.90% |
| Revenue Per Employee | $195,820 |
| Profits Per Employee | $4,169 |
| Employee Count | 3,400 |
| Asset Turnover | 0.47 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ALTR has paid $18.46 million in taxes.
| Income Tax | 18.46M |
| Effective Tax Rate | 56.56% |
Stock Price Statistics
The stock price has increased by +32.57% in the last 52 weeks. The beta is 1.45, so ALTR's price volatility has been higher than the market average.
| Beta (5Y) | 1.45 |
| 52-Week Price Change | +32.57% |
| 50-Day Moving Average | 110.99 |
| 200-Day Moving Average | 100.87 |
| Relative Strength Index (RSI) | 65.72 |
| Average Volume (20 Days) | 792,117 |
Short Selling Information
The latest short interest is 5.11 million, so 5.95% of the outstanding shares have been sold short.
| Short Interest | 5.11M |
| Short Previous Month | 4.06M |
| Short % of Shares Out | 5.95% |
| Short % of Float | 10.65% |
| Short Ratio (days to cover) | 7.47 |
Income Statement
In the last 12 months, ALTR had revenue of $665.79 million and earned $14.18 million in profits. Earnings per share was $0.16.
| Revenue | 665.79M |
| Gross Profit | 540.99M |
| Operating Income | 18.16M |
| Pretax Income | 36.51M |
| Net Income | 14.18M |
| EBITDA | 60.33M |
| EBIT | 18.16M |
| Earnings Per Share (EPS) | $0.16 |
Balance Sheet
The company has $561.90 million in cash and $259.12 million in debt, giving a net cash position of $302.78 million or $3.53 per share.
| Cash & Cash Equivalents | 561.90M |
| Total Debt | 259.12M |
| Net Cash | 302.78M |
| Net Cash Per Share | $3.53 |
| Equity (Book Value) | 857.19M |
| Book Value Per Share | 10.02 |
| Working Capital | 297.21M |
Cash Flow
In the last 12 months, operating cash flow was $154.08 million and capital expenditures -$14.09 million, giving a free cash flow of $140.00 million.
| Operating Cash Flow | 154.08M |
| Capital Expenditures | -14.09M |
| Free Cash Flow | 140.00M |
| FCF Per Share | $1.63 |
Margins
Gross margin is 81.25%, with operating and profit margins of 2.73% and 2.13%.
| Gross Margin | 81.25% |
| Operating Margin | 2.73% |
| Pretax Margin | 4.90% |
| Profit Margin | 2.13% |
| EBITDA Margin | 9.06% |
| EBIT Margin | 2.73% |
| 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 | -9.88% |
| Shareholder Yield | -9.88% |
| Earnings Yield | 0.15% |
| FCF Yield | 1.46% |
Analyst Forecast
The average price target for ALTR is $101.00, which is -9.70% lower than the current price. The consensus rating is "Hold".
| Price Target | $101.00 |
| Price Target Difference | -9.70% |
| Analyst Consensus | Hold |
| Analyst Count | 7 |
| 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 8.47 and a Piotroski F-Score of 5.
| Altman Z-Score | 8.47 |
| Piotroski F-Score | 5 |