Altair Engineering Valuation
| ALTRDelisted Stock | USD 111.85 0.05 0.04% |
At this time, the firm appears to be overvalued. Altair Engineering shows a prevailing Real Value of $94.47 per share. The current price of the firm is $111.85. Our model approximates the value of Altair Engineering from analyzing the firm fundamentals such as Profit Margin of 0.02 %, return on equity of 0.0181, and Current Valuation of 9.33 B as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Altair Engineering's price fluctuation is very steady at this time. Calculation of the real value of Altair Engineering is based on 3 months time horizon. Increasing Altair Engineering's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Altair stock is determined by what a typical buyer is willing to pay for full or partial control of Altair Engineering. Since Altair Engineering is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Altair Stock. However, Altair Engineering's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 111.85 | Real 94.47 | Hype 111.85 |
The intrinsic value of Altair Engineering's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Altair Engineering's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Altair Engineering helps investors to forecast how Altair stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Altair Engineering more accurately as focusing exclusively on Altair Engineering's fundamentals will not take into account other important factors: Altair Engineering Total Value Analysis
Altair Engineering is presently anticipated to have valuation of 9.33 B with market capitalization of 9.63 B, debt of 259.12 M, and cash on hands of 416.14 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Altair Engineering fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
9.33 B | 9.63 B | 259.12 M | 416.14 M |
Altair Engineering Investor Information
About 93.0% of the company shares are held by institutions such as insurance companies. The company last dividend was issued on the November 6, 2015. Altair Engineering had 2:1 split on the August 11, 2000. Altair Engineering is not in a good financial situation at the moment. It has a very high risk of going through financial straits in February.Altair Engineering Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of Altair connotes not a very effective usage of assets in January.Altair Engineering Ownership Allocation
Altair Engineering holds a total of 60.73 Million outstanding shares. The majority of Altair Engineering outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Altair Engineering to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Altair Engineering. Please pay attention to any change in the institutional holdings of Altair Engineering as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Altair Engineering Profitability Analysis
The company reported the previous year's revenue of 665.79 M. Net Income was 14.18 M with profit before overhead, payroll, taxes, and interest of 540.99 M.About Altair Engineering Valuation
The delisted stock valuation mechanism determines Altair Engineering's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Altair Engineering based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Altair Engineering. We calculate exposure to Altair Engineering's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Altair Engineering's related companies.Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. Altair Engineering operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 3050 people.
Altair Engineering Growth Indicators
Investing in growth stocks can be very risky. If the company such as Altair Engineering does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 84.1 M | |
| Quarterly Earnings Growth Y O Y | -0.951 | |
| Forward Price Earnings | 82.6446 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Altair Stock
If you are still planning to invest in Altair Engineering check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altair Engineering's history and understand the potential risks before investing.
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