Altair Engineering Inc. (ALTR)
Total Valuation
ALTR has a market cap or net worth of $7.12 billion. The enterprise value is $6.99 billion.
Market Cap | 7.12B |
Enterprise Value | 6.99B |
Important Dates
The next estimated earnings date is Thursday, May 2, 2024, after market close.
Earnings Date | May 2, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
ALTR has 82.49 million shares outstanding. The number of shares has increased by 1.41% in one year.
Shares Outstanding | 82.49M |
Shares Change (YoY) | +1.41% |
Shares Change (QoQ) | +1.67% |
Owned by Insiders (%) | 1.52% |
Owned by Institutions (%) | 105.21% |
Float | 25.27M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 66.63 |
PS Ratio | 11.61 |
Forward PS | 10.46 |
PB Ratio | 10.00 |
P/FCF Ratio | 60.76 |
PEG Ratio | 5.42 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 120.77, with an EV/FCF ratio of 59.67.
EV / Earnings | n/a |
EV / Sales | 11.40 |
EV / EBITDA | 120.77 |
EV / EBIT | 372.98 |
EV / FCF | 59.67 |
Financial Position
The company has a current ratio of 2.16, with a Debt / Equity ratio of 0.48.
Current Ratio | 2.16 |
Quick Ratio | 2.03 |
Debt / Equity | 0.48 |
Debt / EBITDA | 5.86 |
Debt / FCF | 2.89 |
Interest Coverage | 3.06 |
Financial Efficiency
Return on equity (ROE) is -1.40% and return on invested capital (ROIC) is -0.02%.
Return on Equity (ROE) | -1.40% |
Return on Assets (ROA) | -0.70% |
Return on Capital (ROIC) | -0.02% |
Revenue Per Employee | $180,206 |
Profits Per Employee | -$2,625 |
Employee Count | 3,400 |
Asset Turnover | 0.48 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, ALTR has paid $21.55 million in taxes.
Income Tax | 21.55M |
Effective Tax Rate | 170.73% |
Stock Price Statistics
The stock price has increased by +24.72% in the last 52 weeks. The beta is 1.43, so ALTR's price volatility has been higher than the market average.
Beta (1Y) | 1.43 |
52-Week Price Change | +24.72% |
50-Day Moving Average | 85.68 |
200-Day Moving Average | 73.79 |
Relative Strength Index (RSI) | 56.12 |
Average Volume (30 Days) | 429,322 |
Short Selling Information
The latest short interest is 3.41 million, so 4.13% of the outstanding shares have been sold short.
Short Interest | 3.41M |
Short Previous Month | 3.32M |
Short % of Shares Out | 4.13% |
Short % of Float | 13.48% |
Short Ratio (days to cover) | 7.09 |
Income Statement
In the last 12 months, ALTR had revenue of $612.70 million and -$8.93 million in losses. Loss per share was -$0.11.
Revenue | 612.70M |
Gross Profit | 490.91M |
Operating Income | 243,000 |
Pretax Income | 12.62M |
Net Income | -8.93M |
EBITDA | 57.86M |
EBIT | 18.74M |
Loss Per Share | -$0.11 |
Balance Sheet
The company has $467.46 million in cash and $338.83 million in debt, giving a net cash position of $128.63 million or $1.56 per share.
Cash & Cash Equivalents | 467.46M |
Total Debt | 338.83M |
Net Cash | 128.63M |
Net Cash Per Share | $1.56 |
Equity / Book Value | 711.33M |
Book Value Per Share | 8.62 |
Working Capital | 376.51M |
Cash Flow
In the last 12 months, operating cash flow was $127.31 million and capital expenditures -$10.19 million, giving a free cash flow of $117.11 million.
Operating Cash Flow | 127.31M |
Capital Expenditures | -10.19M |
Free Cash Flow | 117.11M |
FCF Per Share | $1.45 |
Margins
Gross margin is 80.12%, with operating and profit margins of 0.04% and -1.46%.
Gross Margin | 80.12% |
Operating Margin | 0.04% |
Pretax Margin | 2.06% |
Profit Margin | -1.46% |
EBITDA Margin | 9.44% |
EBIT Margin | 3.06% |
FCF Margin | 19.11% |
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 | -1.41% |
Shareholder Yield | -1.41% |
Earnings Yield | -0.13% |
FCF Yield | 1.65% |
Analyst Forecast
The average price target for ALTR is $88.71, which is 3.12% higher than the current price. The consensus rating is "Buy".
Price Target | $88.71 |
Price Target Difference | 3.12% |
Analyst Consensus | Buy |
Analyst Count | 7 |
Revenue Growth Forecast (5Y) | 11.25% |
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 7.24 and a Piotroski F-Score of 4.
Altman Z-Score | 7.24 |
Piotroski F-Score | 4 |