Altair Engineering Inc
NASDAQ:ALTR

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Altair Engineering Inc
NASDAQ:ALTR
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Price: 109 USD 1.24% Market Closed
Market Cap: 9.3B USD
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Altair Engineering Inc
Cash Interest Paid

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Altair Engineering Inc
Cash Interest Paid Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Interest Paid CAGR 3Y CAGR 5Y CAGR 10Y
Altair Engineering Inc
NASDAQ:ALTR
Cash Interest Paid
$4.4m
CAGR 3-Years
85%
CAGR 5-Years
55%
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Cash Interest Paid
$236m
CAGR 3-Years
35%
CAGR 5-Years
15%
CAGR 10-Years
23%
Palantir Technologies Inc
NYSE:PLTR
Cash Interest Paid
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Cash Interest Paid
$248.8m
CAGR 3-Years
61%
CAGR 5-Years
130%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Cash Interest Paid
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Adobe Inc
NASDAQ:ADBE
Cash Interest Paid
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Altair Engineering Inc
Glance View

Market Cap
9.3B USD
Industry
Technology
Economic Moat
None

Altair Engineering Inc. is a company that thrives at the intersection of technology and creativity, with its roots grounded in the world of product design and engineering simulation. Founded in 1985 by James Scapa, who remains a pivotal force in the company, Altair has consistently pushed the boundaries of innovation, helping businesses transform their design and decision-making processes. With an ethos centered on the “art of the possible,” Altair leverages its diverse suite of software solutions to provide comprehensive computer-aided engineering (CAE), data analytics, and high-performance computing (HPC) tools. This toolkit empowers engineers and designers across industries—be it aerospace, automotive, or electronics—to create digital models, simulate real-world performance, and derive insights that enhance product development and reduce time-to-market. The company’s platform democratizes advanced engineering by making sophisticated simulation tools accessible and practical for professionals at every level. Altair's business model hinges on a blend of software licensing and consulting services. Its unique licensing model, the Altair Units, allows clients flexible access to its full suite of software offerings, enabling organizations to use the tools they need without restrictive commitments. This flexibility places Altair in a strategic position to cater to a wide array of industries and clients, from startups to Fortune 500 companies. In addition to licensing, Altair generates revenue through its comprehensive consulting services, helping clients optimize their product designs and operational efficiency. By providing holistic solutions that address both technological and strategic needs, Altair not only underscores its role as a leader in the CAE space but also reinforces its commitment to fueling innovation and operational excellence across the globe.

ALTR Intrinsic Value
40.97 USD
Overvaluation 62%
Intrinsic Value
Price

See Also

What is Altair Engineering Inc's Cash Interest Paid?
Cash Interest Paid
4.4m USD

Based on the financial report for Sep 30, 2024, Altair Engineering Inc's Cash Interest Paid amounts to 4.4m USD.

What is Altair Engineering Inc's Cash Interest Paid growth rate?
Cash Interest Paid CAGR 5Y
55%

Over the last year, the Cash Interest Paid growth was 6%. The average annual Cash Interest Paid growth rates for Altair Engineering Inc have been 85% over the past three years , 55% over the past five years .

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