Altair Engineering Inc. (ALTR)
Company Info
| ISIN | US0213691035 |
|---|---|
| CUSIP | 021369103 |
| Sector | Technology |
| Industry | Software - Infrastructure |
| IPO Date | Nov 1, 2017 |
Highlights
| Market Cap | $8.86B |
|---|---|
| EPS (TTM) | $0.40 |
| PE Ratio | 260.00 |
| PEG Ratio | 6.19 |
| Total Revenue (TTM) | $644.66M |
| Gross Profit (TTM) | $516.43M |
| EBITDA (TTM) | $91.14M |
| Year Range | $68.87 - $113.12 |
| Target Price | $108.53 |
| Short % | 11.06% |
| Short Ratio | 5.70 |
Share Price Chart
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Compare to other instruments
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Popular comparisons: ALTR vs. SNPS, ALTR vs. ALGM, ALTR vs. KMI, ALTR vs. SPYG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Altair Engineering Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Altair Engineering Inc. had a return of 23.26% year-to-date (YTD) and 40.24% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 23.26% | 24.72% |
| 1 month | 10.08% | 2.30% |
| 6 months | 13.88% | 12.31% |
| 1 year | 40.24% | 32.12% |
| 5 years (annualized) | 29.22% | 13.81% |
| 10 years (annualized) | N/A | 11.31% |
Monthly Returns
The table below presents the monthly returns of ALTR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.03% | 0.07% | 1.26% | -6.62% | 8.55% | 12.31% | -9.91% | 2.26% | 5.70% | 8.88% | 23.26% | ||
| 2023 | 16.78% | 20.64% | 12.57% | -4.24% | 6.20% | 3.42% | -1.19% | -11.29% | -5.90% | -0.70% | 16.65% | 16.13% | 85.07% |
| 2022 | -18.62% | 5.56% | -3.04% | -15.65% | 1.18% | -4.48% | 12.21% | -11.71% | -14.98% | 10.92% | 0.04% | -7.34% | -41.19% |
| 2021 | -3.87% | 10.12% | 1.59% | 3.88% | 3.65% | 2.37% | 1.15% | 6.06% | -6.83% | 12.84% | -4.29% | 3.85% | 32.90% |
| 2020 | 2.90% | -5.82% | -23.85% | 24.49% | 18.49% | 1.69% | 1.38% | 4.27% | -0.10% | 2.50% | 25.26% | 7.94% | 62.02% |
| 2019 | 17.40% | 9.51% | 3.81% | 7.14% | -3.37% | 5.98% | 3.02% | -17.42% | 0.76% | 6.50% | -10.04% | 8.26% | 30.20% |
| 2018 | 11.20% | -1.05% | 19.15% | -7.59% | 21.43% | -2.87% | 2.69% | 19.00% | 4.02% | -12.22% | -15.29% | -14.64% | 15.30% |
| 2017 | 22.28% | 6.83% | 30.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ALTR is 76, placing it in the top 24% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Altair Engineering Inc. (ALTR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Altair Engineering Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Altair Engineering Inc. was 46.05%, occurring on Apr 2, 2020. Recovery took 126 trading sessions.
The current Altair Engineering Inc. drawdown is 6.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.05% | Oct 1, 2018 | 379 | Apr 2, 2020 | 126 | Oct 1, 2020 | 505 |
| -45.68% | Nov 5, 2021 | 288 | Dec 28, 2022 | 248 | Dec 22, 2023 | 536 |
| -18.64% | Jul 15, 2024 | 16 | Aug 5, 2024 | 55 | Oct 22, 2024 | 71 |
| -17.33% | Feb 16, 2021 | 15 | Mar 8, 2021 | 34 | Apr 26, 2021 | 49 |
| -15.66% | Nov 27, 2017 | 14 | Dec 14, 2017 | 12 | Jan 3, 2018 | 26 |
Volatility
Volatility Chart
The current Altair Engineering Inc. volatility is 13.32%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Altair Engineering Inc. compared to its peers in the Software - Infrastructure industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for ALTR in comparison to other companies of the Software - Infrastructure industry. Currently, ALTR has a PE value of 260.0. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for ALTR in comparison to other companies of the Software - Infrastructure industry. Currently, ALTR has a PEG value of 6.2. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Altair Engineering Inc..
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Income Statement
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