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Altair Engineering Inc
NASDAQ:ALTR

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Altair Engineering Inc Logo
Altair Engineering Inc
NASDAQ:ALTR
Watchlist
Price: 80.77 USD 0.26%
Updated: Apr 19, 2024

Relative Value

The Relative Value of one ALTR stock under the Base Case scenario is 53.88 USD. Compared to the current market price of 80.77 USD, Altair Engineering Inc is Overvalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ALTR Relative Value
Base Case
53.88 USD
Overvaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
11
vs Industry
9
Median 3Y
10
Median 5Y
8.5
Industry
2.3
Forward
9.7
vs History
vs Industry
Median 3Y
-373.7
Median 5Y
-222.7
Industry
24.6
Forward
62.1
vs History
90
vs Industry
11
Median 3Y
97.2
Median 5Y
92.2
Industry
17.4
vs History
69
vs Industry
12
Median 3Y
80.4
Median 5Y
72.3
Industry
22
vs History
33
vs Industry
11
Median 3Y
9.3
Median 5Y
8.8
Industry
2.8
vs History
11
vs Industry
10
Median 3Y
9.4
Median 5Y
8.1
Industry
2.3
Forward
9.4
vs History
17
vs Industry
15
Median 3Y
12.2
Median 5Y
10.3
Industry
4.9
vs History
25
vs Industry
2
Median 3Y
132.9
Median 5Y
116
Industry
13.4
Forward
42.5
vs History
6
vs Industry
0
Median 3Y
251.5
Median 5Y
265.5
Industry
17
Forward
45
vs History
90
vs Industry
11
Median 3Y
92.4
Median 5Y
89.4
Industry
15.8
vs History
92
vs Industry
10
Median 3Y
114
Median 5Y
117.8
Industry
18.8
vs History
28
vs Industry
14
Median 3Y
7
Median 5Y
6.1
Industry
2.4

Multiples Across Competitors

ALTR Competitors Multiples
Altair Engineering Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Altair Engineering Inc
NASDAQ:ALTR
6.6B USD 10.8 -742.5 162.2 26 279.7
US
Ezenia! Inc
OTC:EZEN
789.1B USD 325 533 -251 383.2 -254 217.5 -246 745.2
US
Advant-e Corp
OTC:ADVC
670.7B USD 66 369.3 335 223.2 201 163.8 221 259.6
US
Salesforce Inc
NYSE:CRM
264B USD 7.6 63.8 25.9 43.1
US
Adobe Inc
NASDAQ:ADBE
214.4B USD 10.8 44.6 26.7 30.1
DE
SAP SE
XETRA:SAP
195.3B EUR 6.3 31.8 24.3 29.4
US
Intuit Inc
NASDAQ:INTU
170.4B USD 11.3 61.5 41.2 50.4
US
Synopsys Inc
NASDAQ:SNPS
79.3B USD 12.9 56.3 46.9 55.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
77.7B USD 19 74.6 54.6 60.9
US
Workday Inc
NASDAQ:WDAY
67.2B USD 9.3 48.7 134.2 341
CA
Constellation Software Inc
TSX:CSU
78.4B CAD 6.8 100.8 26.3 49
P/E Multiple
Earnings Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average P/E: 37 300.6
Negative Multiple: -742.5
N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -251 383.2 N/A
US
A
Advant-e Corp
OTC:ADVC
335 223.2
N/A
US
Salesforce Inc
NYSE:CRM
63.8
203%
US
Adobe Inc
NASDAQ:ADBE
44.6
99%
DE
SAP SE
XETRA:SAP
31.8
40%
US
Intuit Inc
NASDAQ:INTU
61.5
159%
US
Synopsys Inc
NASDAQ:SNPS
56.3
141%
US
Cadence Design Systems Inc
NASDAQ:CDNS
74.6
128%
US
Workday Inc
NASDAQ:WDAY
48.7
81%
CA
Constellation Software Inc
TSX:CSU
100.8
N/A
EV/EBITDA Multiple
EBITDA Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average EV/EBITDA: 20 170.6
162.2
506%
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -254 217.5 N/A
US
A
Advant-e Corp
OTC:ADVC
201 163.8
N/A
US
Salesforce Inc
NYSE:CRM
25.9
92%
US
Adobe Inc
NASDAQ:ADBE
26.7
72%
DE
SAP SE
XETRA:SAP
24.3
64%
US
Intuit Inc
NASDAQ:INTU
41.2
123%
US
Synopsys Inc
NASDAQ:SNPS
46.9
131%
US
Cadence Design Systems Inc
NASDAQ:CDNS
54.6
104%
US
Workday Inc
NASDAQ:WDAY
134.2
650%
CA
Constellation Software Inc
TSX:CSU
26.3
N/A
EV/EBIT Multiple
EBIT Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average EV/EBIT: 24 819.8
26 279.7
86 818%
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -246 745.2 N/A
US
A
Advant-e Corp
OTC:ADVC
221 259.6
N/A
US
Salesforce Inc
NYSE:CRM
43.1
169%
US
Adobe Inc
NASDAQ:ADBE
30.1
77%
DE
SAP SE
XETRA:SAP
29.4
78%
US
Intuit Inc
NASDAQ:INTU
50.4
166%
US
Synopsys Inc
NASDAQ:SNPS
55.4
143%
US
Cadence Design Systems Inc
NASDAQ:CDNS
60.9
122%
US
Workday Inc
NASDAQ:WDAY
341
1 549%
CA
Constellation Software Inc
TSX:CSU
49
N/A

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