US stock · Technology sector · Software—Infrastructure
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Altair Engineering Inc.

ALTRNASDAQ

74.52

USD
+2.26
(+3.13%)
Market Closed
-104.99P/E
62Forward P/E
-4.35P/E to S&P500
6.014BMarket CAP
- -Div Yield
Upcoming Earnings
2 Aug-7 Aug
Shares Short
5/15/23
3.04M
Short % of Float
7.21%
Short % of Shares Outs.
3.77%
% Held by Insiders
1.53%
% Held by Institutions
95.53%
Beta
1.50
PEG Ratio
1.35
52w. high/low
75.00/43.17
Avg. Daily Volume
0.32M
Return %
Stock
S&P 500
1 year
37.41
2.11
3 years
95.95
38.05
5 years
112.43
54.53
Scale: |
High
Low
- -
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- -
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- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
25.59
16.55
43.99
23.77
43.28
25.54
60.00
23.04
82.96
54.64
78.38
43.17
75.00
45.05
Currency: USD
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- -
- -
- -
- -
- -
- -
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
- -
- -
- -
- -
- -
- -
- -
- -
5.85
6.41
6.35
5.88
6.41
6.42
7.27
7.20
7.26
Earnings per share
- -
- -
- -
- -
- -
- -
- -
- -
0.22
0.21
(1.89)
0.20
(0.11)
(0.14)
(0.12)
(0.55)
(0.72)
FCF per share
- -
- -
- -
- -
- -
- -
- -
- -
0.11
0.24
0.12
0.40
0.30
0.34
0.73
0.38
1.07
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
- -
- -
- -
- -
- -
- -
- -
- -
0.10
0.19
0.18
0.14
0.14
0.11
0.11
0.12
0.09
Book Value per sh.
- -
- -
- -
- -
- -
- -
- -
- -
(0.84)
(0.71)
1.20
4.29
4.99
5.18
8.38
7.17
7.13
Comm.Shares outs.
- -
- -
- -
- -
- -
- -
- -
- -
50
49
52
67
72
73
73
79
80
Avg. annual P/E ratio
- -
- -
- -
- -
- -
- -
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- -
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(11.5)
162.6
(336.9)
(275.7)
(564.9)
(100.2)
(105.0)
P/E to S&P500
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
(0.5)
6.5
(13.9)
(7.3)
(18.8)
(4.7)
(4.4)
Avg. annual div. yield
- -
- -
- -
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- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
- -
- -
- -
- -
- -
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- -
- -
294
313
333
396
459
470
532
572
578
Operating margin
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- -
- -
- -
- -
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- -
- -
5.1%
4.9%
(10.0)%
6.2%
1.8%
2.5%
2.3%
(1.2)%
(3.0)%
Depreciation (m)
- -
- -
- -
- -
- -
- -
- -
- -
8
10
12
15
22
24
26
36
23
Net profit (m)
- -
- -
- -
- -
- -
- -
- -
- -
11
10
(99)
14
(8)
(11)
(9)
(43)
(57)
Income tax rate
- -
- -
- -
- -
- -
- -
- -
- -
7.0%
25.8%
(173.0)%
49.2%
322.6%
616.7%
(2,953.5)%
(53.9)%
24.9%
Net profit margin
- -
- -
- -
- -
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3.7%
3.2%
(29.8)%
3.5%
(1.6)%
(2.2)%
(1.7)%
(7.6)%
(11.7)%
Working capital (m)
- -
- -
- -
- -
- -
- -
- -
- -
(55)
(53)
(54)
26
200
186
114
294
248
Long-term debt (m)
- -
- -
- -
- -
- -
- -
- -
- -
69
75
0
31
198
213
20
330
330
Equity (m)
- -
- -
- -
- -
- -
- -
- -
- -
(42)
(35)
63
289
357
379
614
570
607
ROIC
- -
- -
- -
- -
- -
- -
- -
- -
18.6%
12.8%
(103.4)%
3.9%
(3.7)%
(11.2)%
52.2%
(3.8)%
(0.7)%
Return on capital
- -
- -
- -
- -
- -
- -
- -
- -
6.4%
6.4%
(11.9)%
5.6%
1.3%
1.6%
1.0%
(2.0)%
(0.8)%
Return on equity
- -
- -
- -
- -
- -
- -
- -
- -
(26.0)%
(29.3)%
(157.9)%
4.7%
(2.1)%
(2.8)%
(1.4)%
(7.6)%
(9.4)%
Plowback ratio
- -
- -
- -
- -
- -
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100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Div.&Repurch./FCF
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- -
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25.9%
21.7%
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(510.3)%
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- -
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- -
- -
Capital Structure
4 May · 2023 | Q1
All numbers in millions
Total liabilities
$ 619
Total assets
$ 1,226
Long-term debt
$ 330
Cash and equiv.
$ 378
Goodwill
$ 451
Retained earnings
$ (124)
Common stock
80
Enterprise Value
$ 5,966
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
241
414
316
Receivables
125
147
170
Inventory
- -
- -
- -
Other
21
200
115
Current assets
387
588
527
Acc. Payable
9
7
10
Debt due
41
210
10
Other
151
258
212
Current liabilities
201
474
233
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
7.52%
9.74%
- -
Cash flow
(44.00)%
16.97%
- -
Earnings
393.85%
65.46%
- -
Dividends
- -
- -
- -
Book value
(7.21)%
21.09%
- -
Insider Trading
Type
Shares
Date
Maitra Raoul
Sale
847
05/26/23
Scapa James Ralph
Conversion
5,000
05/16/23
Scapa James Ralph
Sale
5,000
05/16/23
Scapa James Ralph
Conversion
5,000
05/16/23
Scapa James Ralph
Conversion
5,000
05/16/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
150
120
121
141
532
2022
160
133
119
160
572
2023
166
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- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.20
(0.19)
(0.11)
(0.02)
(0.12)
2022
0.15
(0.42)
(0.42)
0.15
(0.55)
2023
(0.02)
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- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Company Description
Sector:
Technology
Industry:
Software—Infrastructure
CEO:
Mr. James R. Scapa
Full-time employees:
3,200
City:
Troy
Address:
1820 East Big Beaver Road
IPO:
Nov 1, 2017
Website:
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 in two segments, Software and Client Engineering Services. The 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 Internet of Things platform and analytics tools, as well as support and the complementary software products. This segment also offers 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 that focuses on the 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 provides client engineering services. In addition, the company is involved in the development and sale of solid state lighting technology along with communication and control protocols based on its intellectual property for the direct replacement of fluorescent light tubes with LED lamps. Its integrated suite of software optimizes design performance across various disciplines, including structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems. The company's customers include universities, government agencies, manufacturers, pharmaceutical firms, banking, financial services, and insurance, weather prediction agencies, and electronics design companies. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan.