Altair Engineering Inc.

Jurisdiction

United States

LEI

549300FJ89HZ6GU9S994

ISIN

US0213691035

(ALTR)

Sectors

Scores

InsiderPie Expert Score: 56 / 100
Better than peer group:: 51 / 100
Fair value (Benjamin Graham formula): €30.93 229.7% overvalued
Financial strength (Piotroski F-Value): 7 / 9
Fundamental strength relative to industry (Mohanram G-Value): 6 / 7
Rule of 40: 18 / 40

Profile

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. Read full profile

Fundamentals

Net revenue: €567.88M
Gross margin: 80.1%
EBIT: €14.41M
EBIT margin: 2.5%
Net income: €12.09M
Net margin: 2.1%

Statement period: January 1, 2024 - December 31, 2024 (published March 25, 2025)

Estimates

Fiscal Year	Net revenue	Net income
2025	€610.06M +7.4%	€108.15M +794.5%
2026	€668.60M +9.6%	€126.75M +17.2%
2027	€732.17M +9.5%	€145.17M +14.5%

Products

Product	Revenue
Maintenance	€164.38M	28.9%
Perpetual Licenses	€46.54M	8.2%
Software Related Services	€25.37M	4.5%
Client Engineering Services	€25.03M	4.4%
Professional Software Services	€12.23M	2.2%
Other Product And Service	€3.49M	0.6%