Altair Engineering Inc.

$ 111.85 0.00 %

Altair Engineering Inc., along with its affiliates, delivers cutting-edge software and cloud-based solutions globally, spanning critical domains such as simulation, high-performance computing (HPC), data analytics, and artificial intelligence. The company operates through two primary divisions: Software Segment: This segment encompasses a wide array of products, including advanced solvers and optimization technologies, HPC software applications complemented by hardware, intuitive modeling and visualization tools, comprehensive data analytics platforms, and an Internet of Things (IoT) platform with integrated analytics capabilities. It also features specialized software for computational fluid dynamics (CFD), fatigue analysis, manufacturing process simulation, and cost estimation, catering to diverse sectors like marine, motorcycle, aerospace, chemical, and architecture. Beyond products, it offers expert software-related services such as consulting, implementation, and training, applying deep product design and development expertise from component-level analysis to complete product engineering across the entire lifecycle. Client Engineering Services Segment: This division focuses on providing direct engineering support to clients. Furthermore, Altair develops and markets solid-state lighting technology, specifically LED lamps designed to directly replace fluorescent tubes, utilizing its proprietary communication and control protocols. Its sophisticated, integrated software suite empowers users to optimize design performance across multiple engineering disciplines, including structural integrity, motion dynamics, fluid dynamics, thermal management, electromagnetics, system modeling, and embedded systems. Altair serves a broad and varied customer base, which includes academic institutions, governmental bodies, manufacturing enterprises, pharmaceutical companies, financial services firms (banking, finance, insurance), meteorological agencies, and electronics design companies. Founded in 1985, Altair Engineering Inc. maintains its corporate headquarters in Troy, Michigan.

CEO: James R. Scapa - https://www.altair.com

Price objectif

$106.5 -4.78 %

Recommandation

Hold

DCF

$ 7.09

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ALTR vs S&P500

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Quick ratio

1.61

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

699.06

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.16

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

1.81 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

0.64 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

-

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.30

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

1.66

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
5 indicates moderate financial health
Altman score
10.50 indicates good financial health and low risk of bankruptcy
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Cash / Debt

Cash Ratio
1.15 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.18 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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