Morningstar

Altair Engineering Inc Class A ALTR

Morningstar Rating
Unlock
Stock XNAS Rating as of
—
View Full Chart
As of Delayed Price

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

View History
ALTR is trading at a 168% premium.
Price
$94.06
Fair Value
$28.22
Uncertainty
High
1-Star Price
$62.36
5-Star Price
$82.25
Economic Moat
Lgkxj
Capital Allocation
—

News

View All

Trading Information

Previous Close Price
—
Day Range
—–—
52-Week Range
—–—
Bid/Ask
— / —
Market Cap
—
Volume/Avg
— / —

Key Statistics

Price/Earnings (Normalized)
77.74
Price/Sales
12.62
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
—

Company Profile

Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Sector
Technology
Industry
Software - Infrastructure
Stock Style Box
Small Growth
Total Number of Employees
3,200
Website
https://www.altair.com

Comparables

Valuation

View More
Metric
ALTR
VMEO
ANSS
Price/Earnings (Normalized)
 77.7422.6133.88
Price/Book Value
 10.052.034.90
Price/Sales
 12.621.9311.80
Price/Cash Flow
 59.1011.6233.85
Price/Earnings
ALTR
VMEO
ANSS

Financial Strength

Metric
ALTR
VMEO
ANSS
Quick Ratio
 3.001.502.86
Current Ratio
 3.141.622.95
Interest Coverage
 3.39—12.12
Quick Ratio
ALTR
VMEO
ANSS

Profitability

Metric
ALTR
VMEO
ANSS
Return on Assets (Normalized)
 7.95%10.71%11.54%
Return on Equity (Normalized)
 14.88%17.44%15.38%
Return on Invested Capital (Normalized)
 9.11%13.98%13.43%
Return on Assets
ALTR
VMEO
ANSS

Software - Infrastructure Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Microsoft Corp
MSFT
WwgtgjjzmtHctms$3.1 Tril
 Oracle Corp
ORCL
KnkbdBxvyf$462.4 Bil
 Adobe Inc
ADBE
DmjwnvwtgkLfw$221.8 Bil
 Palo Alto Networks Inc
PANW
JlnsjszgfnSxph$109.4 Bil
 Palantir Technologies Inc Ordinary Shares - Class A
PLTR
SjkrgqwDgqlvj$87.9 Bil
 Synopsys Inc
SNPS
ZbyxhgzbzXvzngzn$76.1 Bil
 CrowdStrike Holdings Inc Class A
CRWD
GkcvzpmzFryfncb$69.6 Bil
 Fortinet Inc
FTNT
ScrzrpjqPwwxg$58.9 Bil
 Block Inc Class A
SQ
MgkwwkvmxFkpdtkh$40.4 Bil
 Cloudflare Inc
NET
LlctcxhsxZnfdwy$27.1 Bil

Sponsor Center