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Altair Engineering DB:8A2 Stock Report

Last Price

€104.00

Market Cap

€8.9b

7D

1.0%

1Y

36.8%

Updated

29 Dec, 2024

Data

Company Financials +

Altair Engineering Inc.

DB:8A2 Stock Report

Market Cap: €8.9b

8A2 Stock Overview

Provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. More details

8A2 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 28.09% per year

Became profitable this year

Risk Analysis

Shareholders have been diluted in the past year

Significant insider selling over the past 3 months


My Notes

Capture your thoughts, links and company narrative

Altair Engineering Inc. Competitors

Nemetschek

XTRA:NEM

€10.9b

Northern Data

DB:NB2

€2.8b

TeamViewer

XTRA:TMV

€1.5b

ATOSS Software

XTRA:AOF

€1.8b

Price History & Performance

Summary of share price highs, lows and changes for Altair Engineering
Historical stock prices
Current Share PriceUS$104.00
52 Week HighUS$105.00
52 Week LowUS$70.00
Beta1.44
1 Month Change4.52%
3 Month Change22.35%
1 Year Change36.84%
3 Year Change58.78%
5 Year Change217.07%
Change since IPO538.66%

Recent News & Updates

Recent updates

Shareholder Returns

8A2DE SoftwareDE Market
7D1.0%1.2%0.5%
1Y36.8%65.9%7.2%

Return vs Industry: 8A2 underperformed the German Software industry which returned 65.8% over the past year.

Return vs Market: 8A2 exceeded the German Market which returned 7.2% over the past year.

Price Volatility

Is 8A2's price volatile compared to industry and market?
8A2 volatility
8A2 Average Weekly Movement4.0%
Software Industry Average Movement5.2%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.7%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 8A2 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 8A2's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19853,400Jim Scapawww.altair.com

Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation and design, high-performance computing, data analytics, and artificial intelligence in the United States and internationally. It operates in two segments, Software and Client Engineering Services. The Software segment offers 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.

Altair Engineering Inc. Fundamentals Summary

How do Altair Engineering's earnings and revenue compare to its market cap?
8A2 fundamental statistics
Market cap€8.91b
Earnings (TTM)€31.51m
Revenue (TTM)€618.29m

282.6x

P/E Ratio

14.4x

P/S Ratio

Is 8A2 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8A2 income statement (TTM)
RevenueUS$644.66m
Cost of RevenueUS$120.60m
Gross ProfitUS$524.06m
Other ExpensesUS$491.21m
EarningsUS$32.85m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin81.29%
Net Profit Margin5.10%
Debt/Equity Ratio27.1%

How did 8A2 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 10:32
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Altair Engineering Inc. is covered by 20 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Mark SchappelBenchmark Company
Andrew DeGasperiBerenberg