Altair Engineering Inc.

    Altair Engineering Inc.

    NNASDAQ:ALTR
    111.85
    USD
    0.00
    (0.00%)
    647.19P/E

    Share Statistics

    As of December 31, 2024, Altair Engineering Inc. has 85.57M shares outstanding.

    Shares Outstanding85.57M

    Valuation Ratios

    As of December 31, 2024, Altair Engineering Inc. trades at a trailing price-to-earnings ratio of 647.19. The price-to-sales ratio is 13.78, and the price-to-book ratio stands at -78.87.

    PE Ratio647.19
    PS Ratio13.78
    PB Ratio-78.87
    P/TBV Ratio28.51
    P/FCF Ratio62.17
    P/OCF Ratio59.54

    Enterprise Valuation

    As of December 31, 2024, Altair Engineering Inc. trades at an EV/EBITDA multiple of 148.23 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 13.32 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 501.62 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Altair Engineering Inc. trades at an EV/FCF ratio of 56.64, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales13.32
    EV / EBITDA148.23
    EV / EBIT501.62
    EV / FCF56.64

    Financial Position

    As of December 31, 2024, Altair Engineering Inc. maintains a current ratio of 1.61, meaning it holds 1.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 30.23, indicating elevated leverage, while an interest coverage ratio of 10.26 demonstrates strong ability to service its debt obligations.

    Current Ratio1.61
    Quick Ratio1.55
    Debt / Equity30.23
    Debt / EBITDA4.33
    Interest Coverage10.26

    Financial Efficiency

    These figures cover the twelve months ended December 31, 2024. Return on invested capital (ROIC) comes in at 0.69 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.01, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 9.52, useful for judging operating efficiency across full business cycles.

    Return on Assets (ROA)1.01
    Return on Invested Capital (ROIC)0.69
    Return on Capital Employed (ROCE)9.52

    Taxes

    These figures cover the twelve months ended December 31, 2024. That works out to an effective tax rate of 56.56, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate56.56

    Stock Price Statistics

    USD

    As of the close on March 26, 2025, Altair Engineering Inc.'s stock has gained approximately 31.39% over the past 52 weeks. The 50-day moving average sits at 110.99, while the 200-day moving average is 100.87.

    52-Week Price Change31.39%
    50-Day Moving Average110.99
    200-Day Moving Average100.87

    Margins

    Over the twelve months ended December 31, 2024, Altair Engineering Inc. posted a gross margin of 81.25, reflecting its pricing power and cost economics. The operating margin of 2.66 and net profit margin of 2.13 provide insight into operational efficiency.

    Gross Margin81.25
    Operating Margin2.66
    Pretax Margin4.90
    Profit Margin2.13
    EBITDA Margin8.99

    Dividends & Yields

    These figures cover the twelve months ended December 31, 2024. Free cash flow yield stands at 1.61, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.08, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Altair Engineering Inc. shareholders.

    Shareholder Yield0.08
    FCF Yield1.61

    Scores

    As of December 31, 2024, Altair Engineering Inc. has an Altman Z-Score of 10.36, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score10.36