Altair Engineering Statistics
Total Valuation
ALTR has a market cap or net worth of $9.39 billion. The enterprise value is $9.14 billion.
| Market Cap | 9.39B |
| Enterprise Value | 9.14B |
Important Dates
The next estimated earnings date is Thursday, February 20, 2025, after market close.
| Earnings Date | Feb 20, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
ALTR has 85.18 million shares outstanding. The number of shares has increased by 7.62% in one year.
| Current Share Class | 59.78M |
| Shares Outstanding | 85.18M |
| Shares Change (YoY) | +7.62% |
| Shares Change (QoQ) | +5.76% |
| Owned by Insiders (%) | 30.99% |
| Owned by Institutions (%) | 57.43% |
| Float | 46.32M |
Valuation Ratios
The trailing PE ratio is 287.29 and the forward PE ratio is 79.24. ALTR's PEG ratio is 6.60.
| PE Ratio | 287.29 |
| Forward PE | 79.24 |
| PS Ratio | 14.23 |
| Forward PS | 13.31 |
| PB Ratio | 11.19 |
| P/TBV Ratio | 34.05 |
| P/FCF Ratio | 74.43 |
| P/OCF Ratio | 67.94 |
| PEG Ratio | 6.60 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 127.45, with an EV/FCF ratio of 72.42.
| EV / Earnings | 278.08 |
| EV / Sales | 14.17 |
| EV / EBITDA | 127.45 |
| EV / EBIT | 297.48 |
| EV / FCF | 72.42 |
Financial Position
The company has a current ratio of 3.27, with a Debt / Equity ratio of 0.31.
| Current Ratio | 3.27 |
| Quick Ratio | 3.14 |
| Debt / Equity | 0.31 |
| Debt / EBITDA | 3.07 |
| Debt / FCF | 2.06 |
| Interest Coverage | 5.09 |
Financial Efficiency
Return on equity (ROE) is 4.47% and return on invested capital (ROIC) is 1.85%.
| Return on Equity (ROE) | 4.47% |
| Return on Assets (ROA) | 1.46% |
| Return on Capital (ROIC) | 1.85% |
| Revenue Per Employee | $189,606 |
| Profits Per Employee | $9,663 |
| Employee Count | 3,400 |
| Asset Turnover | 0.49 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, ALTR has paid $19.69 million in taxes.
| Income Tax | 19.69M |
| Effective Tax Rate | 37.47% |
Stock Price Statistics
The stock price has increased by +37.79% in the last 52 weeks. The beta is 1.42, so ALTR's price volatility has been higher than the market average.
| Beta (5Y) | 1.42 |
| 52-Week Price Change | +37.79% |
| 50-Day Moving Average | 106.25 |
| 200-Day Moving Average | 94.24 |
| Relative Strength Index (RSI) | 72.99 |
| Average Volume (20 Days) | 797,541 |
Short Selling Information
The latest short interest is 3.35 million, so 3.93% of the outstanding shares have been sold short.
| Short Interest | 3.35M |
| Short Previous Month | 3.32M |
| Short % of Shares Out | 3.93% |
| Short % of Float | 7.23% |
| Short Ratio (days to cover) | 4.26 |
Income Statement
In the last 12 months, ALTR had revenue of $644.66 million and earned $32.85 million in profits. Earnings per share was $0.38.
| Revenue | 644.66M |
| Gross Profit | 524.06M |
| Operating Income | 30.71M |
| Pretax Income | 36.51M |
| Net Income | 32.85M |
| EBITDA | 71.68M |
| EBIT | 30.71M |
| Earnings Per Share (EPS) | $0.38 |
Balance Sheet
The company has $513.37 million in cash and $259.51 million in debt, giving a net cash position of $253.86 million or $2.98 per share.
| Cash & Cash Equivalents | 513.37M |
| Total Debt | 259.51M |
| Net Cash | 253.86M |
| Net Cash Per Share | $2.98 |
| Equity (Book Value) | 836.90M |
| Book Value Per Share | 9.85 |
| Working Capital | 476.89M |
Cash Flow
In the last 12 months, operating cash flow was $138.21 million and capital expenditures -$12.05 million, giving a free cash flow of $126.16 million.
| Operating Cash Flow | 138.21M |
| Capital Expenditures | -12.05M |
| Free Cash Flow | 126.16M |
| FCF Per Share | $1.48 |
Margins
Gross margin is 81.29%, with operating and profit margins of 4.76% and 5.10%.
| Gross Margin | 81.29% |
| Operating Margin | 4.76% |
| Pretax Margin | 8.15% |
| Profit Margin | 5.10% |
| EBITDA Margin | 11.12% |
| EBIT Margin | 4.76% |
| FCF Margin | 19.57% |
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 | -7.62% |
| Shareholder Yield | -7.62% |
| Earnings Yield | 0.35% |
| FCF Yield | 1.34% |
Analyst Forecast
The average price target for ALTR is $100.71, which is -8.64% lower than the current price. The consensus rating is "Hold".
| Price Target | $100.71 |
| Price Target Difference | -8.64% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 9.03% |
| 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 8.49 and a Piotroski F-Score of 6.
| Altman Z-Score | 8.49 |
| Piotroski F-Score | 6 |