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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Relative Value

The Relative Value of one ALTR stock under the Base Case scenario is 54.52 USD. Compared to the current market price of 109 USD, Altair Engineering Inc is Overvalued by 50%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ALTR Relative Value
Base Case
54.52 USD
Overvaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

14.4
P/S
P/S
Price to Sales
14.4
vs History
0
vs Industry
9
Median 3Y
10.1
Median 5Y
9.4
Industry
2.4
Forward
13.9
More Details
281.8
P/E
P/E
Price to Earnings
281.8
vs History
7
vs Industry
0
Median 3Y
-119.8
Median 5Y
-178.9
Industry
23.2
Forward
81.8
More Details
67
P/OCF
P/OCF
Price to OCF
67
vs History
63
vs Industry
10
Median 3Y
64.9
Median 5Y
89.6
Industry
17.4
More Details
222.5
P/FCFE
P/FCFE
Price to FCFE
222.5
vs History
14
vs Industry
11
Median 3Y
75.8
Median 5Y
80.4
Industry
21.3
More Details
11.1
P/B
P/B
Price to Book Value
11.1
vs History
14
vs Industry
10
Median 3Y
9.2
Median 5Y
9.1
Industry
2.9
More Details
13.9
EV/S
EV/S
Enterprise Value to Sales
13.9
vs History
0
vs Industry
9
Median 3Y
9.8
Median 5Y
9.2
Industry
2.4
Forward
13.4
More Details
17.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
17.1
vs History
0
vs Industry
14
Median 3Y
12.5
Median 5Y
12
Industry
4.9
More Details
127.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
127.7
vs History
36
vs Industry
3
Median 3Y
126.8
Median 5Y
121.7
Industry
12.9
Forward
61
More Details
306.1
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
306.1
vs History
42
vs Industry
0
Median 3Y
263.2
Median 5Y
291.7
Industry
16.5
Forward
64.3
More Details
64.9
EV/OCF
EV/OCF
Enterprise Value to OCF
64.9
vs History
63
vs Industry
11
Median 3Y
62.9
Median 5Y
85.3
Industry
16.3
More Details
71.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
71.1
vs History
65
vs Industry
10
Median 3Y
68.9
Median 5Y
107.5
Industry
19
More Details
10.4
EV/IC
EV/IC
Enterprise Value to IC
10.4
vs History
1
vs Industry
12
Median 3Y
7
Median 5Y
6.7
Industry
2.5
More Details

Multiples Across Competitors

ALTR Competitors Multiples
Altair Engineering Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Altair Engineering Inc
NASDAQ:ALTR
9.3B USD 14.4 281.8 127.7 306.1
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
US
Salesforce Inc
NYSE:CRM
328.5B USD 8.8 55.4 29.8 44.2
DE
SAP SE
XETRA:SAP
276.2B EUR 8.3 97.4 30.3 35.3
US
Adobe Inc
NASDAQ:ADBE
196.8B USD 9.2 35.4 24.3 24.9
US
NCR Corp
LSE:0K45
187.9B USD 27.5 396.5 375.7 1 133.9
US
Intuit Inc
NASDAQ:INTU
180.2B USD 10.9 61.7 39.5 47.7
US
Palantir Technologies Inc
NYSE:PLTR
182.8B USD 69.1 383.6 448.2 488.2
US
Applovin Corp
NASDAQ:APP
114.4B USD 26.7 99.5 59.4 76.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
82.7B USD 19 79.6 56.8 64.9
US
Synopsys Inc
NASDAQ:SNPS
75.6B USD 12.4 50.5 42.8 49.9
P/S Multiple
Revenue Growth P/S to Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average P/S: 21 283.4
14.4
30%
0.5
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Salesforce Inc
NYSE:CRM
8.8
31%
0.3
DE
SAP SE
XETRA:SAP
8.3
37%
0.2
US
Adobe Inc
NASDAQ:ADBE
9.2
35%
0.3
US
N
NCR Corp
LSE:0K45
27.5
-40%
N/A
US
Intuit Inc
NASDAQ:INTU
10.9
44%
0.2
US
Palantir Technologies Inc
NYSE:PLTR
69.1
93%
0.7
US
Applovin Corp
NASDAQ:APP
26.7
106%
0.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
19
47%
0.4
US
Synopsys Inc
NASDAQ:SNPS
12.4
34%
0.4
P/E Multiple
Earnings Growth P/E to Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average P/E: 154.1
281.8
N/A N/A
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Salesforce Inc
NYSE:CRM
55.4
197%
0.3
DE
SAP SE
XETRA:SAP
97.4
41%
2.4
US
Adobe Inc
NASDAQ:ADBE
35.4
109%
0.3
US
N
NCR Corp
LSE:0K45
396.5
N/A N/A
US
Intuit Inc
NASDAQ:INTU
61.7
145%
0.4
US
Palantir Technologies Inc
NYSE:PLTR
383.6
533%
0.7
US
Applovin Corp
NASDAQ:APP
99.5
645%
0.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
79.6
111%
0.7
US
Synopsys Inc
NASDAQ:SNPS
50.5
119%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average EV/EBITDA: 123.4
127.7
443%
0.3
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
US
Salesforce Inc
NYSE:CRM
29.8
90%
0.3
DE
SAP SE
XETRA:SAP
30.3
71%
0.4
US
Adobe Inc
NASDAQ:ADBE
24.3
82%
0.3
US
N
NCR Corp
LSE:0K45
375.7
-29%
N/A
US
Intuit Inc
NASDAQ:INTU
39.5
111%
0.4
US
Palantir Technologies Inc
NYSE:PLTR
448.2
1 004%
0.4
US
Applovin Corp
NASDAQ:APP
59.4
261%
0.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
56.8
102%
0.6
US
Synopsys Inc
NASDAQ:SNPS
42.8
114%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Altair Engineering Inc
NASDAQ:ALTR
Average EV/EBIT: 227.2
306.1
77 320%
0
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Salesforce Inc
NYSE:CRM
44.2
170%
0.3
DE
SAP SE
XETRA:SAP
35.3
86%
0.4
US
Adobe Inc
NASDAQ:ADBE
24.9
79%
0.3
US
N
NCR Corp
LSE:0K45
1 133.9
120%
9.5
US
Intuit Inc
NASDAQ:INTU
47.7
152%
0.3
US
Palantir Technologies Inc
NYSE:PLTR
488.2
1 184%
0.4
US
Applovin Corp
NASDAQ:APP
76.4
425%
0.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
64.9
112%
0.6
US
Synopsys Inc
NASDAQ:SNPS
49.9
131%
0.4

See Also

Summary
ALTR intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALTR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALTR stock valuation using valuation multiples.
Wall Street Estimates
ALTR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ALTR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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