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Altair Engineering Inc
NASDAQ:ALTR

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Altair Engineering Inc
NASDAQ:ALTR
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Price: 82.32 USD 1.92% Market Closed
Updated: Apr 20, 2024
Section:
 

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 82.32 USD, Altair Engineering Inc is Overvalued by 35%.

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 35%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

11
P/S
P/S
Price to Sales
11
vs History
11
vs Industry
9
Median 3Y
10
Median 5Y
8.5
Industry
2.2
Forward
9.9
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-373.7
Median 5Y
-222.7
Industry
24
Forward
63.3
More Details
53.1
P/OCF
P/OCF
Price to OCF
53.1
vs History
90
vs Industry
11
Median 3Y
97.2
Median 5Y
92.2
Industry
16.9
More Details
56.2
P/FCFE
P/FCFE
Price to FCFE
56.2
vs History
69
vs Industry
12
Median 3Y
80.4
Median 5Y
72.3
Industry
21.5
More Details
9.5
P/B
P/B
Price to Book Value
9.5
vs History
33
vs Industry
11
Median 3Y
9.3
Median 5Y
8.8
Industry
2.7
More Details
10.6
EV/S
EV/S
Enterprise Value to Sales
10.6
vs History
11
vs Industry
10
Median 3Y
9.4
Median 5Y
8.1
Industry
2.2
Forward
9.6
More Details
13.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
13.3
vs History
17
vs Industry
15
Median 3Y
12.2
Median 5Y
10.3
Industry
4.7
More Details
165.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
165.4
vs History
25
vs Industry
2
Median 3Y
132.9
Median 5Y
116
Industry
13
Forward
43.3
More Details
26 803.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
26 803.1
vs History
6
vs Industry
0
Median 3Y
251.5
Median 5Y
265.5
Industry
16.5
Forward
45.9
More Details
51.2
EV/OCF
EV/OCF
Enterprise Value to OCF
51.2
vs History
90
vs Industry
11
Median 3Y
92.4
Median 5Y
89.4
Industry
15.3
More Details
55.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
55.6
vs History
92
vs Industry
10
Median 3Y
114
Median 5Y
117.8
Industry
18.1
More Details
7.3
EV/IC
EV/IC
Enterprise Value to IC
7.3
vs History
28
vs Industry
13
Median 3Y
7
Median 5Y
6.1
Industry
2.3
More Details

Multiples Across Competitors

ALTR Competitors Multiples
Altair Engineering Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Altair Engineering Inc
NASDAQ:ALTR
6.8B USD 11 -756.7 165.4 26 803.1
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
262.5B USD 7.5 63.5 25.8 42.8
US
Adobe Inc
NASDAQ:ADBE
210.7B USD 10.6 43.9 26.3 29.5
DE
SAP SE
XETRA:SAP
193.5B EUR 6.2 31.5 24.1 29.1
US
Intuit Inc
NASDAQ:INTU
169.5B USD 11.2 61.2 41 50.1
US
Synopsys Inc
NASDAQ:SNPS
77.9B USD 12.7 55.3 46.1 54.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
76.1B USD 18.6 73.1 53.5 59.7
US
Workday Inc
NASDAQ:WDAY
66.3B USD 9.1 48 132.3 336.1
CA
Constellation Software Inc
TSX:CSU
77.6B CAD 6.7 99.9 26.1 48.5
P/E Multiple
Earnings Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average P/E: 37 300
Negative Multiple: -756.7 		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
63.5
203%
US
Adobe Inc
NASDAQ:ADBE
43.9
97%
DE
SAP SE
XETRA:SAP
31.5
40%
US
Intuit Inc
NASDAQ:INTU
61.2
159%
US
Synopsys Inc
NASDAQ:SNPS
55.3
141%
US
Cadence Design Systems Inc
NASDAQ:CDNS
73.1
128%
US
Workday Inc
NASDAQ:WDAY
48
81%
CA
Constellation Software Inc
TSX:CSU
99.9
N/A
EV/EBIT Multiple
EBIT Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average EV/EBIT: 24 871.3
26 803.1
84 443%
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
42.8
179%
US
Adobe Inc
NASDAQ:ADBE
29.5
79%
DE
SAP SE
XETRA:SAP
29.1
79%
US
Intuit Inc
NASDAQ:INTU
50.1
166%
US
Synopsys Inc
NASDAQ:SNPS
54.4
144%
US
Cadence Design Systems Inc
NASDAQ:CDNS
59.7
123%
US
Workday Inc
NASDAQ:WDAY
336.1
1 554%
CA
Constellation Software Inc
TSX:CSU
48.5
N/A

See Also

Summary
ALTR intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALTR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALTR stock valuation using valuation multiples.
Wall Street Estimates
ALTR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ALTR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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