Altair Engineering Revenue vs. Gross Profit
| ALTR Stock | USD 105.20 0.85 0.81% |
Total Revenue | First Reported 2015-12-31 | Previous Quarter 148.8 M | Current Value 151.4 M | Quarterly Volatility 41.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.58 | 0.8012 |
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For Altair Engineering profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altair Engineering to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altair Engineering utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altair Engineering's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altair Engineering over time as well as its relative position and ranking within its peers.
Altair |
Altair Engineering's Revenue Breakdown by Earning Segment
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altair Engineering. If investors know Altair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altair Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.633 | Earnings Share 0.4 | Revenue Per Share 7.748 | Quarterly Revenue Growth 0.13 | Return On Assets 0.0146 |
The market value of Altair Engineering is measured differently than its book value, which is the value of Altair that is recorded on the company's balance sheet. Investors also form their own opinion of Altair Engineering's value that differs from its market value or its book value, called intrinsic value, which is Altair Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altair Engineering's market value can be influenced by many factors that don't directly affect Altair Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altair Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altair Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altair Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Altair Engineering Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altair Engineering's current stock value. Our valuation model uses many indicators to compare Altair Engineering value to that of its competitors to determine the firm's financial worth. Altair Engineering is rated below average in revenue category among its peers. It is rated second in gross profit category among its peers fabricating about 0.73 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Altair Engineering is roughly 1.36 . At this time, Altair Engineering's Total Revenue is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Altair Engineering by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Altair Revenue vs. Competition
Altair Engineering is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 9.76 Billion. Altair Engineering holds roughly 612.7 Million in revenue claiming about 6% of equities under Information Technology industry.
Altair Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Altair Engineering |
| = | 612.7 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Altair Engineering |
| = | 449.33 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Altair Gross Profit Comparison
Altair Engineering is currently under evaluation in gross profit category among its peers.
Altair Engineering Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Altair Engineering, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Altair Engineering will eventually generate negative long term returns. The profitability progress is the general direction of Altair Engineering's change in net profit over the period of time. It can combine multiple indicators of Altair Engineering, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -22.3 M | -21.2 M | |
| Interest Income | 16.9 M | 17.7 M | |
| Operating Income | 243 K | 230.8 K | |
| Net Loss | -8.9 M | -9.4 M | |
| Income Before Tax | 12.6 M | 13.2 M | |
| Total Other Income Expense Net | 12.4 M | 13 M | |
| Net Loss | -39.1 M | -37.1 M | |
| Net Loss | -8.9 M | -9.4 M | |
| Income Tax Expense | 21.5 M | 18.3 M | |
| Net Interest Income | 10.7 M | 11.3 M | |
| Non Operating Income Net Other | -15.2 M | -14.4 M | |
| Change To Netincome | 93.2 M | 97.8 M | |
| Net Loss | (0.11) | (0.12) | |
| Income Quality | (14.26) | (13.55) | |
| Net Loss | (0.71) | (0.67) |
Altair Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altair Engineering. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Altair Engineering position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Altair Engineering's important profitability drivers and their relationship over time.
Use Altair Engineering in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.Altair Engineering Pair Trading
Altair Engineering Pair Trading Analysis
The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.
The correlation of Altair Engineering is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Altair Engineering position
In addition to having Altair Engineering in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Altair Stock Analysis
When running Altair Engineering's price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.