Altium (ASX:ALU) - Stock Price, News & Analysis

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

ALU Stock Overview

Develops and sells computer software for the design of electronic products in the United States and internationally. More details

ALU fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 9.2% below our estimate of its fair value

Earnings are forecast to grow 20.11% per year

Earnings grew by 12% over the past year

Risk Analysis

High level of non-cash earnings

Altium Limited Competitors

Technology One

ASX:TNE

AU$9.9b

Xero

ASX:XRO

AU$26.4b

WiseTech Global

ASX:WTC

AU$40.4b

Objective

ASX:OCL

AU$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Altium
Historical stock prices
Current Share Price	AU$68.33
52 Week High	AU$68.33
52 Week Low	AU$36.04
Beta	0.45
11 Month Change	0.28%
3 Month Change	3.53%
1 Year Change	80.62%
33 Year Change	95.17%
5 Year Change	110.83%
Change since IPO	2,264.36%

Recent updates

Estimating The Fair Value Of Altium Limited (ASX:ALU)

Dec 13

Altium (ASX:ALU) Ticks All The Boxes When It Comes To Earnings Growth

Nov 28

It May Be Possible That Altium Limited's (ASX:ALU) CEO Compensation Could Get Bumped Up

Nov 09

Capital Investment Trends At Altium (ASX:ALU) Look Strong

Nov 04

Industry Analysts Just Made A Captivating Upgrade To Their Altium Limited (ASX:ALU) Revenue Forecasts

Aug 26

We Ran A Stock Scan For Earnings Growth And Altium (ASX:ALU) Passed With Ease

Aug 11

Many Would Be Envious Of Altium's (ASX:ALU) Excellent Returns On Capital

Jul 09

Something To Consider Before Buying Altium Limited (ASX:ALU) For The 1.4% Dividend

Mar 31

What Is The Ownership Structure Like For Altium Limited (ASX:ALU)?

Mar 16

A Look At Altium's (ASX:ALU) CEO Remuneration

Mar 01

Earnings Update: Altium Limited (ASX:ALU) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Feb 16

Here's Why Altium's (ASX:ALU) Statutory Earnings Are Arguably Too Conservative

Feb 12

Shareholders of Altium (ASX:ALU) Must Be Delighted With Their 510% Total Return

Jan 30

Should Weakness in Altium Limited's (ASX:ALU) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Jan 17

Shareholder Returns

	ALU	AU Software	AU Market
7D	0%	3.7%	0.9%
1Y	80.6%	87.8%	17.7%

Return vs Industry: ALU exceeded the Australian Software industry which returned 4.7% over the past year.

Return vs Market: ALU exceeded the Australian Market which returned 4% over the past year.

Price Volatility

Is ALU's price volatile compared to industry and market?
ALU volatility
ALU Average Weekly Movement	0.4%
Software Industry Average Movement	9.3%
Market Average Movement	8.5%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.3%

Stable Share Price: ALU has not had significant price volatility in the past 3 months.

Volatility Over Time: ALU's weekly volatility has decreased from 6% to 0% over the past year.

About the Company

Founded	Employees	CEO	Website
1985	n/a	Aram Mirkazemi	www.altium.com

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Design Software; and Cloud Platform. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium 365 viewer, CircuitStudio, and CircuitMaker.

Altium Limited Fundamentals Summary

How do Altium's earnings and revenue compare to its market cap?
ALU fundamental statistics
Market cap	AU$9.01b
Earnings (TTM)	AU$106.81m
Revenue (TTM)	AU$432.40m

84.4x

P/E Ratio

20.8x

P/S Ratio

Is ALU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALU income statement (TTM)
Revenue	US$282.30m
Cost of Revenue	US$139.77m
Gross Profit	US$142.53m
Other Expenses	US$72.80m
Earnings	US$69.73m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.53
Gross Margin	50.49%
Net Profit Margin	24.70%
Debt/Equity Ratio	0%

How did ALU perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

74%

Payout Ratio

This company listing is no longer active

ALU Stock Overview

Rewards

Risk Analysis

Altium Limited Competitors

ASX:TNE

AU$9.9b

ASX:XRO

AU$26.4b

ASX:WTC

AU$40.4b

ASX:OCL

AU$1.6b

Price History & Performance

Recent News & Updates

Renesas Electronics Corporation (TSE:6723) completed the acquisition of Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others.

Renesas Electronics Corporation (TSE:6723) completed the acquisition of Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others.

Altium Limited(ASX:ALU) dropped from FTSE All-World Index (USD)

First half dividend of AU$0.30 announced

First half 2024 earnings: EPS and revenues miss analyst expectations

New major risk - Earnings quality

Recent updates

Renesas Electronics Corporation (TSE:6723) completed the acquisition of Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others.

Renesas Electronics Corporation (TSE:6723) completed the acquisition of Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others.

Altium Limited(ASX:ALU) dropped from FTSE All-World Index (USD)

First half dividend of AU$0.30 announced

First half 2024 earnings: EPS and revenues miss analyst expectations

New major risk - Earnings quality

Renesas Electronics Corporation (TSE:6723) entered into a Scheme Implementation Agreement to acquire Altium Limited (ASX:ALU) from Hsbc Custody Nominees (Australia) Limited, J.P. Morgan Nominees Australia Limited, Citicorp Nominees Pty. Ltd., National Nominees Limited and others for AUD 9 billion.

Price target increased by 18% to AU$56.02

Altium Limited to Report First Half, 2024 Results on Feb 27, 2024

Altium Launches Altium 365 Bom Portal: Bridging the Gap Between Engineering and Procurement Teams

Estimating The Fair Value Of Altium Limited (ASX:ALU)

Altium (ASX:ALU) Ticks All The Boxes When It Comes To Earnings Growth

Altium Limited Announces Company Secretary Changes

It May Be Possible That Altium Limited's (ASX:ALU) CEO Compensation Could Get Bumped Up

Capital Investment Trends At Altium (ASX:ALU) Look Strong

Altium Limited Appoints Michael Hawker as Director, Effective 1 November 2023

High number of new directors

Altium Limited Provides Revenue Guidance for the Financial Year 2026

Upcoming dividend of AU$0.29 per share at 1.1% yield

Industry Analysts Just Made A Captivating Upgrade To Their Altium Limited (ASX:ALU) Revenue Forecasts

Price target increased by 7.9% to AU$41.48

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus revenue estimates increase by 11%

Altium Limited, Annual General Meeting, Nov 16, 2023

Now 20% undervalued

We Ran A Stock Scan For Earnings Growth And Altium (ASX:ALU) Passed With Ease

Altium Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

Altium Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

Many Would Be Envious Of Altium's (ASX:ALU) Excellent Returns On Capital

Upcoming dividend of AU$0.25 per share at 1.3% yield

Price target increased by 7.0% to AU$39.65

Price target increased by 7.8% to AU$39.62

First half 2023 earnings: EPS and revenues miss analyst expectations

Altium Limited Declares Interim Dividend for the Half-Year Ended 31 December 2022, Payable on 21 March 2023

Altium Limited to Report First Half, 2023 Results on Feb 20, 2023

Investor sentiment improved over the past week

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Altium Limited Declares Fully Franked Final Dividend for the Year Ended 30 June 2022, Payable on September 27, 2022

Altium Limited Announces Resignation of Alison Raffin as Company Secretary

Nexar, Business Unit of Altium LLC Announces Massive Cad Model Marketplace

Altium Limited, Annual General Meeting, Nov 17, 2022

Independent Non-Executive Director recently bought AU$59k worth of stock

Independent Non-Executive Director recently bought AU$71k worth of stock

Nexar, Business Unit of Altium LLC Unveils Spectra Data Intelligence Product Suite

Altium Announces Completion of SOC 2 Type 1 Certification for Altium 365

Upcoming dividend of AU$0.21 per share

Independent Non-Executive Chairman recently bought AU$129k worth of stock

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Altium Limited Announces Ordinary Fully Paid Dividend for the Period of Six Months Ended December 31, 2021, Payable on March 22, 2022

Price target decreased to AU$35.50

Altium Announces Release of Altium Designer 22

Price target increased to AU$38.49

Price target increased to AU$35.23

Insufficient new directors

Price target decreased to AU$31.62

Altium Limited Provides Earnings Guidance for the Year 2021

Autodesk, Inc. (NasdaqGS:ADSK) cancelled the acquisition of Altium Limited (ASX:ALU).

Something To Consider Before Buying Altium Limited (ASX:ALU) For The 1.4% Dividend