ALTR:NSD-Altair Engineering Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 65.52

Change

-0.33 (-0.50)%

Market Cap

USD 4.94B

Volume

0.57M

Average Target Price

USD 59.40 (-9.34%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates through two segments, Software and Client Engineering Services. Its software segment includes solvers and optimization technology products, high-performance computing software applications and hardware products, modeling and visualization tools, data analytics and analysis products, and IoT platform and analytics tools, as well as support and complementary software products. This segment also provides software technologies in the areas of computational fluid dynamics and fatigue, manufacturing process simulation, and cost estimation for the applications in marine, motorcycle, aerospace, chemical, and architecture industries; and software-related services, such as consulting, implementation, and training services focused on product design and development expertise and analysis from the component level up to complete product engineering at various stage of the lifecycle. The Client Engineering Services segment offers client engineering services. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-10 )

Largest Industry Peers for Software-Infrastructure

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
MSFT Microsoft Corporation

-5.28 (-2.09%)

USD1,901.42B 34.40 23.20
ADBE Adobe Inc

-9.35 (-1.91%)

USD233.61B 42.55 41.47
CRWD CrowdStrike Holdings, Inc

-1.60 (-0.85%)

USD42.35B N/A N/A
SNPS Synopsys, Inc

-9.45 (-3.91%)

USD36.85B 52.29 38.58
OKTA Okta, Inc

-6.52 (-2.75%)

USD35.97B N/A N/A
FTNT Fortinet, Inc

-7.48 (-3.53%)

USD34.59B 71.64 54.33
VRSN VeriSign, Inc

-1.00 (-0.45%)

USD25.10B 40.36 29.17
ZS Zscaler, Inc

-3.55 (-2.10%)

USD23.02B N/A N/A
SPLK Splunk Inc

-4.08 (-3.46%)

USD19.31B N/A N/A
AKAM Akamai Technologies, Inc

+0.42 (+0.38%)

USD18.09B 31.14 16.22

ETFs Containing ALTR

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.66% 78% C+ 58% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 10.66% 78% C+ 58% F
Trailing 12 Months  
Capital Gain 97.65% 83% B 76% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 97.65% 83% B 75% C
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 18.06% 42% F 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.06% 42% F 66% D
Risk Return Profile  
Volatility (Standard Deviation) 34.10% 62% D- 51% F
Risk Adjusted Return 52.98% 49% F 72% C-
Market Capitalization 4.94B 62% D- 85% B
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 1,679.60 8% F 1% F
Price/Book Ratio 13.02 35% F 12% F
Price / Cash Flow Ratio 150.24 9% F 4% F
EV/EBITDA 132.30 12% F 8% F
Management Effectiveness  
Return on Equity -0.58% 65% D 51% F
Return on Invested Capital -0.14% 56% F 50% F
Return on Assets 1.35% 70% C- 62% D-
Debt to Equity Ratio 49.83% 54% F 40% F
Technical Ratios  
Short Ratio 17.81 3% F 1% F
Short Percent 12.15% 8% F 17% F
Beta 1.50 27% F 29% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector