Altair Engineering Stock Return On Equity
| 8A2 Stock | EUR 98.50 0.50 0.51% |
Altair Engineering fundamentals help investors to digest information that contributes to Altair Engineering's financial success or failures. It also enables traders to predict the movement of Altair Stock. The fundamental analysis module provides a way to measure Altair Engineering's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altair Engineering stock.
Altair |
Altair Engineering Company Return On Equity Analysis
Altair Engineering's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Altair Engineering Return On Equity | -0.0734 |
Most of Altair Engineering's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altair Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Altair Engineering has a Return On Equity of -0.0734. This is 99.39% lower than that of the Technology sector and significantly lower than that of the Software—Infrastructure industry. The return on equity for all Germany stocks is 76.32% lower than that of the firm.
Altair Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altair Engineering's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altair Engineering could also be used in its relative valuation, which is a method of valuing Altair Engineering by comparing valuation metrics of similar companies.Altair Engineering is currently under evaluation in return on equity category among its peers.
Altair Fundamentals
| Return On Equity | -0.0734 | |||
| Return On Asset | -0.0037 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.01) % | |||
| Current Valuation | 3.68 B | |||
| Shares Outstanding | 52.39 M | |||
| Shares Owned By Insiders | 1.65 % | |||
| Shares Owned By Institutions | 97.74 % | |||
| Price To Book | 7.10 X | |||
| Price To Sales | 6.26 X | |||
| Revenue | 572.22 M | |||
| Gross Profit | 449.33 M | |||
| EBITDA | 11.67 M | |||
| Net Income | (43.43 M) | |||
| Cash And Equivalents | 260.1 M | |||
| Cash Per Share | 3.44 X | |||
| Total Debt | 305.6 M | |||
| Debt To Equity | 0.57 % | |||
| Current Ratio | 1.07 X | |||
| Book Value Per Share | 7.12 X | |||
| Cash Flow From Operations | 39.57 M | |||
| Earnings Per Share | (0.79) X | |||
| Price To Earnings To Growth | 4.30 X | |||
| Target Price | 79.57 | |||
| Number Of Employees | 3.2 K | |||
| Beta | 1.49 | |||
| Market Capitalization | 4.76 B | |||
| Total Asset | 1.2 B | |||
| Z Score | 9.0 | |||
| Net Asset | 1.2 B |
About Altair Engineering Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altair Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altair Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altair Engineering based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Altair Stock
When determining whether Altair Engineering is a strong investment it is important to analyze Altair Engineering's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Altair Engineering's future performance. For an informed investment choice regarding Altair Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Engineering. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Altair Stock please use our How to Invest in Altair Engineering guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.