Altair Engineering Inc
NASDAQ:ALTR
Intrinsic Value
Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. [ Read More ]
The intrinsic value of one ALTR stock under the Base Case scenario is 39.91 USD. Compared to the current market price of 82.85 USD, Altair Engineering Inc is Overvalued by 52%.
Valuation Backtest
Altair Engineering Inc
Run backtest to discover the historical profit from buying and selling ALTR stocks based on their intrinsic value.
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Fundamental Analysis
Balance Sheet Decomposition
Altair Engineering Inc
Current Assets | 700.6m |
Cash & Short-Term Investments | 467.5m |
Receivables | 212.3m |
Other Current Assets | 20.9m |
Non-Current Assets | 662.9m |
PP&E | 70.6m |
Intangibles | 541.7m |
Other Non-Current Assets | 50.6m |
Current Liabilities | 324.1m |
Accounts Payable | 9m |
Accrued Liabilities | 78.1m |
Other Current Liabilities | 237m |
Non-Current Liabilities | 328.1m |
Long-Term Debt | 225.9m |
Other Non-Current Liabilities | 102.1m |
Earnings Waterfall
Altair Engineering Inc
Revenue
|
612.7m
USD
|
Cost of Revenue
|
-121.8m
USD
|
Gross Profit
|
490.9m
USD
|
Operating Expenses
|
-490.7m
USD
|
Operating Income
|
243k
USD
|
Other Expenses
|
-9.2m
USD
|
Net Income
|
-8.9m
USD
|
Free Cash Flow Analysis
Altair Engineering Inc
ALTR Profitability Score
Profitability Due Diligence
Altair Engineering Inc's profitability score is 47/100. The higher the profitability score, the more profitable the company is.
Score
Altair Engineering Inc's profitability score is 47/100. The higher the profitability score, the more profitable the company is.
ALTR Solvency Score
Solvency Due Diligence
Altair Engineering Inc's solvency score is 61/100. The higher the solvency score, the more solvent the company is.
Score
Altair Engineering Inc's solvency score is 61/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ALTR Price Targets Summary
Altair Engineering Inc
According to Wall Street analysts, the average 1-year price target for ALTR is 95.88 USD with a low forecast of 85.85 USD and a high forecast of 105 USD.
Ownership
ALTR Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
ALTR Price
Altair Engineering Inc
Average Annual Return | 10.2% |
Standard Deviation of Annual Returns | 39.97% |
Max Drawdown | -45% |
Market Capitalization | 6.8B USD |
Shares Outstanding | 82 490 000 |
Percentage of Shares Shorted | 9.11% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Altair Engineering, Inc. engages in the provision of software and cloud solutions for product design & development, high performance cloud computing, and data intelligence. The company is headquartered in Troy, Michigan and currently employs 2,800 full-time employees. The company went IPO on 2017-11-01. The firm operates through two segments: Software and Client Engineering Services. Its Software segment includes software and software related services, such as solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, Internet of things (IoT) platform and analytics tools as well as support and the complementary software products that offer through its Altair Partner Alliance (APA). Its software-related services include consulting, implementation services, and training focused on product design and development and analysis from the component level up to complete product engineering. Its Client Engineering Services segment provides client engineering services to support its customers.
Contact
IPO
Employees
Officers
The intrinsic value of one ALTR stock under the Base Case scenario is 39.91 USD.
Compared to the current market price of 82.85 USD, Altair Engineering Inc is Overvalued by 52%.