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

ALU Stock Overview

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally.

About the company

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

Rewards

Earnings are forecast to grow 21.26% 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$5.2b

WiseTech Global

ASX:WTC

AU$29.5b

Objective

ASX:OCL

AU$1.1b

Hansen Technologies

ASX:HSN

AU$950.3m

Price History & Performance

Summary of all time highs, changes and price drops for Altium
Historical stock prices
Current Share Price	AU$65.34
52 Week High	AU$66.99
52 Week Low	AU$34.84
Beta	0.50
1 Month Change	0.28%
3 Month Change	33.75%
1 Year Change	67.57%
3 Year Change	128.44%
5 Year Change	91.99%
Change since IPO	2,897.02%

Recent updates

Shareholder Returns

	ALU	AU Software	AU Market
7D	-0.2%	-2.6%	-3.0%
1Y	67.6%	28.3%	3.9%

Return vs Industry: ALU exceeded the Australian Software industry which returned 28.3% over the past year.

Return vs Market: ALU exceeded the Australian Market which returned 3.9% over the past year.

Price Volatility

Is ALU's price volatile compared to industry and market?
ALU volatility
ALU Average Weekly Movement	8.4%
Software Industry Average Movement	8.9%
Market Average Movement	8.9%
10% most volatile stocks in AU Market	17.2%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: ALU's share price has been volatile over the past 3 months.

Volatility Over Time: ALU's weekly volatility (8%) has been stable 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$8.62b
Earnings (TTM)	AU$108.31m
Revenue (TTM)	AU$438.47m

79.6x

P/E Ratio

19.7x

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

0.9%

Current Dividend Yield

74%

Payout Ratio

ALU Stock Overview

Rewards

Risk Analysis

Altium Limited Competitors

ASX:TNE

AU$5.2b

ASX:WTC

AU$29.5b

ASX:OCL

AU$1.1b

ASX:HSN

AU$950.3m

Price History & Performance

Recent News & Updates

First half dividend of AU$0.30 announced

First half 2024 earnings released: EPS: US$0.25 (vs US$0.23 in 1H 2023)

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.

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

Now 40% overvalued after recent price rise

Recent updates

First half dividend of AU$0.30 announced

First half 2024 earnings released: EPS: US$0.25 (vs US$0.23 in 1H 2023)

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.

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

Now 40% overvalued after recent price rise

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.

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

Altium Limited Announces Company Secretary Changes

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

Investor sentiment improves as stock rises 30%

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

Full year 2023 earnings released: EPS: US$0.50 (vs US$0.42 in FY 2022)

Altium Limited, Annual General Meeting, Nov 16, 2023

Now 20% undervalued

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

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

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

First half 2023 earnings released: EPS: US$0.23 (vs US$0.17 in 1H 2022)

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

Upcoming dividend of AU$0.26 per share

Full year 2022 earnings released: EPS: US$0.42 (vs US$0.27 in FY 2021)

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: EPS in line with analyst expectations despite revenue beat

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

Altium Announces Release of Altium Designer 22

Insufficient new directors

Altium Limited Provides Earnings Guidance for the Year 2021

Autodesk, Inc. (NasdaqGS:ADSK) made a non-binding, indicative and unsolicited proposal to acquire Altium Limited (ASX:ALU) for AUD 5.1 billion.

New 90-day low: AU$27.65

Upcoming Dividend of AU$0.19 Per Share

First half 2021 earnings released: EPS US$0.13 (vs US$0.14 in 1H 2020)

New 90-day low: AU$33.11

FSN Capital Partners AS entered into an Definitive Agreement to acquire Non-Core TASKING Business of Altium Limited (ASX:ALU) for $110 million.

New 90-day high: AU$38.18

Altium Appoints Sergey Kostinsky to the Role of President

Altium Accelerates IoT Hardware Development with Modular Design and Toradex Collaboration

Altium Limited to Report First Half, 2021 Results on Feb 15, 2021

Non-Executive Director recently bought AU$80k worth of stock

Full year earnings released - EPS AU$0.24

Altium Limited to Report Fiscal Year 2020 Results on Aug 17, 2020

Shareholder Returns

Price Volatility

About the Company

Altium Limited Fundamentals Summary

79.6x

19.7x