Altair Engineering Inc.
Altair Engineering provides software and cloud solutions for simulation, design, high-performance computing, data analytics, and AI. The company operates in two segments: Software and Client Engineering Services. The Software segment offers various products and services, including solvers, optimization technology, and modeling tools. The Client Engineering Services segment provides client engineering services.
Overview
Sector
Software Application
Strengths
- No significant strengths identified based on the analyzed metrics.
Weaknesses
- With a depreciation Potential of -82.91%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Current Price to Earnings Ratio (675.24) is significantly higher than the sector mean (108.99).
- The company have lower returns than the sector in which it operates. ROIC (9.80%) is significantly lower than the sector mean (14.68%).
- EV/EBITDA (117.38) is significantly higher than the sector mean (57.99).
- EV/EBIT (252.81) is significantly higher than the sector mean.
- The Price to Free Cash Flow ratio (68.37) is significantly higher than the sector mean.
Key Financial Data
| Indicator | Value |
|---|
| PER | 675.2 |
| EV/EBITDA | 117.4 |
| Price/Free Cash Flow' | 68.4 |
| ROIC | 9.8% |
| Net Debt/EBITDA | 1.8 |