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Altair Engineering (Altair Engineering) EV-to-Revenue : 11.06 (As of Apr. 28, 2024)


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What is Altair Engineering EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Altair Engineering's enterprise value is $6,777.4 Mil. Altair Engineering's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $612.7 Mil. Therefore, Altair Engineering's EV-to-Revenue for today is 11.06.

The historical rank and industry rank for Altair Engineering's EV-to-Revenue or its related term are showing as below:

ALTR' s EV-to-Revenue Range Over the Past 10 Years
Min: 3.82   Med: 7.19   Max: 12.1
Current: 11.06

During the past 9 years, the highest EV-to-Revenue of Altair Engineering was 12.10. The lowest was 3.82. And the median was 7.19.

ALTR's EV-to-Revenue is ranked worse than
88.19% of 2778 companies
in the Software industry
Industry Median: 2.145 vs ALTR: 11.06

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-04-28), Altair Engineering's stock price is $83.58. Altair Engineering's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $7.60. Therefore, Altair Engineering's PS Ratio for today is 11.00.


Altair Engineering EV-to-Revenue Historical Data

The historical data trend for Altair Engineering's EV-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altair Engineering EV-to-Revenue Chart

Altair Engineering Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-Revenue
Get a 7-Day Free Trial Premium Member Only 5.63 9.23 11.17 6.40 11.06

Altair Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.40 9.99 10.34 8.31 11.06

Competitive Comparison of Altair Engineering's EV-to-Revenue

For the Software - Infrastructure subindustry, Altair Engineering's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altair Engineering's EV-to-Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Altair Engineering's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Altair Engineering's EV-to-Revenue falls into.



Altair Engineering EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Altair Engineering's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6777.392/612.701
=11.06

Altair Engineering's current Enterprise Value is $6,777.4 Mil.
Altair Engineering's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $612.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altair Engineering  (NAS:ALTR) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Altair Engineering's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=83.58/7.598
=11.00

Altair Engineering's share price for today is $83.58.
Altair Engineering's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.60.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altair Engineering EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Altair Engineering's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Altair Engineering (Altair Engineering) Business Description

Traded in Other Exchanges
Address
1820 East Big Beaver Road, Troy, MI, USA, 48083
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Executives
James Ralph Scapa director, 10 percent owner, officer: Chief Executive Officer 1820 E BIG BEAVER RD, TROY MI 48083
James R. Scapa Declaration Of Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Jrs Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Gc Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
George J Christ 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Christ Revocable Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Ravi Kunju officer: Chief Product Strategy Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Raoul Maitra officer: Chief Legal Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Jeffrey Marraccini officer: See Remarks C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Amy Messano officer: Chief Marketing Officer 1820 E. BIG BEAVER ROAD, TROY MI 48083
Mahalingam Srikanth officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083
Gilma Saravia officer: Chief People Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Nelson Dias officer: Executive Vice President 1820 E BIG BEAVER RD, TROY MI 48083
Uwe Schramm officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083