Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 1.59
ALTR's Cash to Debt is ranked higher than
64% of the 1231 Companies
in the Global Semiconductors industry.

( Industry Median: 1.90 vs. ALTR: 1.59 )
ALTR' s 10-Year Cash to Debt Range
Min: 0.1   Max: No Debt
Current: 1.59

Equity to Asset 0.57
ALTR's Equity to Asset is ranked higher than
59% of the 1194 Companies
in the Global Semiconductors industry.

( Industry Median: 0.62 vs. ALTR: 0.57 )
ALTR' s 10-Year Equity to Asset Range
Min: 0.36   Max: 0.84
Current: 0.57

0.36
0.84
Interest Coverage 12.48
ALTR's Interest Coverage is ranked higher than
50% of the 744 Companies
in the Global Semiconductors industry.

( Industry Median: 270.86 vs. ALTR: 12.48 )
ALTR' s 10-Year Interest Coverage Range
Min: 12.48   Max: 9999.99
Current: 12.48

12.48
9999.99
F-Score: 5
Z-Score: 5.15
M-Score: -2.56
WACC vs ROIC
7.13%
21.68%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 26.84
ALTR's Operating margin (%) is ranked higher than
96% of the 1211 Companies
in the Global Semiconductors industry.

( Industry Median: 5.20 vs. ALTR: 26.84 )
ALTR' s 10-Year Operating margin (%) Range
Min: -6.34   Max: 44.43
Current: 26.84

-6.34
44.43
Net-margin (%) 23.66
ALTR's Net-margin (%) is ranked higher than
96% of the 1211 Companies
in the Global Semiconductors industry.

( Industry Median: 4.26 vs. ALTR: 23.66 )
ALTR' s 10-Year Net-margin (%) Range
Min: -4.74   Max: 40.06
Current: 23.66

-4.74
40.06
ROE (%) 13.45
ALTR's ROE (%) is ranked higher than
84% of the 1210 Companies
in the Global Semiconductors industry.

( Industry Median: 5.26 vs. ALTR: 13.45 )
ALTR' s 10-Year ROE (%) Range
Min: -3.37   Max: 45.93
Current: 13.45

-3.37
45.93
ROA (%) 7.80
ALTR's ROA (%) is ranked higher than
83% of the 1229 Companies
in the Global Semiconductors industry.

( Industry Median: 3.12 vs. ALTR: 7.80 )
ALTR' s 10-Year ROA (%) Range
Min: -2.36   Max: 28.86
Current: 7.8

-2.36
28.86
ROC (Joel Greenblatt) (%) 146.34
ALTR's ROC (Joel Greenblatt) (%) is ranked higher than
99% of the 1225 Companies
in the Global Semiconductors industry.

( Industry Median: 9.22 vs. ALTR: 146.34 )
ALTR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -21.19   Max: 420.37
Current: 146.34

-21.19
420.37
Revenue Growth (3Y)(%) -0.60
ALTR's Revenue Growth (3Y)(%) is ranked higher than
72% of the 881 Companies
in the Global Semiconductors industry.

( Industry Median: -1.10 vs. ALTR: -0.60 )
ALTR' s 10-Year Revenue Growth (3Y)(%) Range
Min: -13.7   Max: 27
Current: -0.6

-13.7
27
EBITDA Growth (3Y)(%) -9.10
ALTR's EBITDA Growth (3Y)(%) is ranked higher than
65% of the 679 Companies
in the Global Semiconductors industry.

( Industry Median: -2.00 vs. ALTR: -9.10 )
ALTR' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -57.7   Max: 163
Current: -9.1

-57.7
163
EPS Growth (3Y)(%) -13.50
ALTR's EPS Growth (3Y)(%) is ranked higher than
69% of the 576 Companies
in the Global Semiconductors industry.

( Industry Median: -7.30 vs. ALTR: -13.50 )
ALTR' s 10-Year EPS Growth (3Y)(%) Range
Min: -30.5   Max: 47.6
Current: -13.5

-30.5
47.6
» ALTR's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

ALTR Guru Trades in Q2 2014

Paul Tudor Jones 11,329 sh (New)
Ray Dalio 280,349 sh (+155.65%)
PRIMECAP Management 10,754,589 sh (+7.67%)
George Soros Sold Out
Chris Davis 52,370 sh (-0.13%)
» More
Q3 2014

ALTR Guru Trades in Q3 2014

John Rogers 42,950 sh (New)
George Soros 240,000 sh (New)
PRIMECAP Management 11,878,421 sh (+10.45%)
Paul Tudor Jones Sold Out
Chris Davis 38,800 sh (-25.91%)
Ray Dalio 110,049 sh (-60.75%)
» More
Q4 2014

ALTR Guru Trades in Q4 2014

Joel Greenblatt 29,783 sh (New)
First Eagle Investment 1,461,334 sh (New)
Ray Dalio 303,149 sh (+175.47%)
John Rogers 94,030 sh (+118.93%)
PRIMECAP Management 12,060,589 sh (+1.53%)
Chris Davis 38,800 sh (unchged)
George Soros Sold Out
» More
Q1 2015

ALTR Guru Trades in Q1 2015

John Burbank 9,415 sh (New)
Paul Tudor Jones 9,031 sh (New)
Eric Mindich 328,000 sh (New)
Jim Simons 25,673 sh (New)
Joel Greenblatt 501,141 sh (+1582.64%)
First Eagle Investment 4,122,662 sh (+182.12%)
John Rogers 195,555 sh (+107.97%)
PRIMECAP Management 13,444,028 sh (+11.47%)
Chris Davis 38,800 sh (unchged)
Ray Dalio Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with ALTR

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Altera Corp

Weekly 52-Week Highs Highlight: ALTR, AIG, LUX, NVO, EXPE
According to GuruFocus list of 52-week highs, Altera Corp, American International Group Inc, Luxottica Group SpA, Novo Nordisk A/S, and Expedia Inc. have all reached their 52-week highs. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 32.40
ALTR's P/E(ttm) is ranked higher than
71% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 56.60 vs. ALTR: 32.40 )
ALTR' s 10-Year P/E(ttm) Range
Min: 11.81   Max: 44.27
Current: 32.4

11.81
44.27
Forward P/E 26.32
ALTR's Forward P/E is ranked higher than
81% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. ALTR: 26.32 )
N/A
PE(NRI) 32.40
ALTR's PE(NRI) is ranked higher than
72% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 56.20 vs. ALTR: 32.40 )
ALTR' s 10-Year PE(NRI) Range
Min: 11.82   Max: 43.97
Current: 32.4

11.82
43.97
P/B 4.35
ALTR's P/B is ranked lower than
54% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 2.21 vs. ALTR: 4.35 )
ALTR' s 10-Year P/B Range
Min: 2.79   Max: 10.33
Current: 4.35

2.79
10.33
P/S 7.65
ALTR's P/S is ranked lower than
68% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 1.92 vs. ALTR: 7.65 )
ALTR' s 10-Year P/S Range
Min: 3.11   Max: 10.49
Current: 7.65

3.11
10.49
PFCF 24.29
ALTR's PFCF is ranked higher than
77% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. ALTR: 24.29 )
ALTR' s 10-Year PFCF Range
Min: 10   Max: 35.8
Current: 24.29

10
35.8
POCF 21.73
ALTR's POCF is ranked higher than
69% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 26.17 vs. ALTR: 21.73 )
ALTR' s 10-Year POCF Range
Min: 9.55   Max: 33.12
Current: 21.73

9.55
33.12
EV-to-EBIT 26.14
ALTR's EV-to-EBIT is ranked higher than
71% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 39.08 vs. ALTR: 26.14 )
ALTR' s 10-Year EV-to-EBIT Range
Min: 8   Max: 30.9
Current: 26.14

8
30.9
PEG 11.57
ALTR's PEG is ranked higher than
92% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. ALTR: 11.57 )
ALTR' s 10-Year PEG Range
Min: 0.41   Max: 26.53
Current: 11.57

0.41
26.53
Shiller P/E 26.04
ALTR's Shiller P/E is ranked higher than
91% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. ALTR: 26.04 )
ALTR' s 10-Year Shiller P/E Range
Min: 16.81   Max: 50
Current: 26.04

16.81
50
Current Ratio 4.95
ALTR's Current Ratio is ranked higher than
87% of the 1218 Companies
in the Global Semiconductors industry.

( Industry Median: 2.59 vs. ALTR: 4.95 )
ALTR' s 10-Year Current Ratio Range
Min: 2.34   Max: 6.78
Current: 4.95

2.34
6.78
Quick Ratio 4.70
ALTR's Quick Ratio is ranked higher than
89% of the 1218 Companies
in the Global Semiconductors industry.

( Industry Median: 1.94 vs. ALTR: 4.70 )
ALTR' s 10-Year Quick Ratio Range
Min: 1.98   Max: 6.5
Current: 4.7

1.98
6.5
Days Inventory 92.80
ALTR's Days Inventory is ranked higher than
64% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 90.64 vs. ALTR: 92.80 )
ALTR' s 10-Year Days Inventory Range
Min: 57.43   Max: 151.89
Current: 92.8

57.43
151.89
Days Sales Outstanding 83.03
ALTR's Days Sales Outstanding is ranked higher than
59% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 66.58 vs. ALTR: 83.03 )
ALTR' s 10-Year Days Sales Outstanding Range
Min: 14.75   Max: 101.76
Current: 83.03

14.75
101.76

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.52
ALTR's Dividend Yield is ranked lower than
52% of the 606 Companies
in the Global Semiconductors industry.

( Industry Median: 1.62 vs. ALTR: 1.52 )
ALTR' s 10-Year Dividend Yield Range
Min: 0.16   Max: 2.02
Current: 1.52

0.16
2.02
Dividend Payout 0.47
ALTR's Dividend Payout is ranked higher than
82% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. ALTR: 0.47 )
ALTR' s 10-Year Dividend Payout Range
Min: 0.08   Max: 0.58
Current: 0.47

0.08
0.58
Dividend growth (3y) 33.10
ALTR's Dividend growth (3y) is ranked higher than
95% of the 264 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. ALTR: 33.10 )
ALTR' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 33.1
Current: 33.1

0
33.1
Yield on cost (5-Year) 5.19
ALTR's Yield on cost (5-Year) is ranked higher than
84% of the 641 Companies
in the Global Semiconductors industry.

( Industry Median: 1.86 vs. ALTR: 5.19 )
ALTR' s 10-Year Yield on cost (5-Year) Range
Min: 0.55   Max: 7
Current: 5.19

0.55
7
Share Buyback Rate 1.60
ALTR's Share Buyback Rate is ranked higher than
94% of the 777 Companies
in the Global Semiconductors industry.

( Industry Median: -2.20 vs. ALTR: 1.60 )
ALTR' s 10-Year Share Buyback Rate Range
Min: 6.8   Max: -3.3
Current: 1.6

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 20.78
ALTR's Price/Net Current Asset Value is ranked higher than
69% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. ALTR: 20.78 )
ALTR' s 10-Year Price/Net Current Asset Value Range
Min: 3.75   Max: 52.78
Current: 20.78

3.75
52.78
Price/Tangible Book 4.55
ALTR's Price/Tangible Book is ranked higher than
50% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 2.70 vs. ALTR: 4.55 )
ALTR' s 10-Year Price/Tangible Book Range
Min: 3.08   Max: 9.27
Current: 4.55

3.08
9.27
Price/DCF (Projected) 1.63
ALTR's Price/DCF (Projected) is ranked higher than
87% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 0.00 vs. ALTR: 1.63 )
ALTR' s 10-Year Price/DCF (Projected) Range
Min: 0.87   Max: 5.85
Current: 1.63

0.87
5.85
Price/Median PS Value 1.28
ALTR's Price/Median PS Value is ranked higher than
63% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 1.30 vs. ALTR: 1.28 )
ALTR' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 3.37
Current: 1.28

0.6
3.37
Price/Graham Number 2.54
ALTR's Price/Graham Number is ranked higher than
67% of the 1316 Companies
in the Global Semiconductors industry.

( Industry Median: 4.40 vs. ALTR: 2.54 )
ALTR' s 10-Year Price/Graham Number Range
Min: 1.37   Max: 7.12
Current: 2.54

1.37
7.12
Earnings Yield (Greenblatt) 3.80
ALTR's Earnings Yield (Greenblatt) is ranked higher than
68% of the 1205 Companies
in the Global Semiconductors industry.

( Industry Median: 3.30 vs. ALTR: 3.80 )
ALTR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.2   Max: 12.6
Current: 3.8

3.2
12.6
Forward Rate of Return (Yacktman) -4.20
ALTR's Forward Rate of Return (Yacktman) is ranked higher than
67% of the 455 Companies
in the Global Semiconductors industry.

( Industry Median: 3.69 vs. ALTR: -4.20 )
ALTR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.8   Max: 34.9
Current: -4.2

-12.8
34.9

Business Description

Industry: Semiconductors » Semiconductors
Compare:INTC, TSM, BRCM, ARMH, ADI » details
Traded in other countries:ALR.Germany,
Altera Corp was founded in 1983 and reincorporated in the State of Delaware in 1997. It designs and sells programmable logic devices, HardCopy application-specific integrated circuit devices, power system-on-chip devices, pre-defined design building blocks known as intellectual property cores, and associated development tools. Its PLDs, which consist of field-programmable gate arrays, including those referred to as systems-on-chip FPGAs which incorporate hard embedded processor cores, and complex programmable logic devices. FPGAs and CPLDs are standard semiconductor integrated circuits that are manufactured as standard chips that its customers program to perform desired logic and processing functions within their electronic systems. With its HardCopy devices it offers its customers a migration path from a PLD to a low-cost, high-volume, non-programmable implementation of their designs. Its customers can license IP cores for implementation of standard functions in their PLD designs. Customers develop, compile, and verify their PLD designs, and then program their designs into its PLDs using its proprietary development software, which operates on personal computers and engineering workstations. Its products serve a range of customers within the Telecom and Wireless, Industrial Automation, Military and Automotive, Networking, Computer and Storage and Other vertical markets. Its geographical segments include US, Japan, China, Europe and Other. Its customers design electronic systems that typically use three types of digital integrated circuits: Processors, which include microprocessors, microcontrollers, graphics processors, and digital signal processors, control central computing tasks and signal processing; Memory stores programming instructions and data; and Logic manages the interchange and manipulation of digital signals within a system. It classifies its products into three categories: New, Mainstream, and Mature and Other Products. New Products include the Stratix V, Stratix IV, Arria 10, Arria V, Arria II, Cyclone V, Cyclone IV, MAX 10 FPGAs, MAX V CPLDs, HardCopy IV devices and Enpirion PowerSoCs. Mainstream Products include the Stratix III, Cyclone III, MAX II and HardCopy III devices. Mature and Other Products include the Stratix II, Stratix, Arria GX, Cyclone II, Cyclone, Classic, MAX 3000A, MAX 7000, MAX 7000A, MAX 7000B, MAX 7000S, MAX 9000, HardCopy II, HardCopy, FLEXseries, APEX series, Mercury, Excalibur devices, configuration and other devices, intellectual property cores, and software and other tools. The Company competes with PLD vendors such as Lattice Semiconductor Corporation, Microsemi Corporation, and Xilinx Inc. Other semiconductor companies with whom it may compete includes Analog Devices Inc., Atmel Corporation, Avago Technologies, Broadcom Corporation, Cavium, Inc., Freescale Semiconductor Inc., GlobalFoundries Inc., HiSilicon Technologies Company, Intel Corporation ("Intel"), Linear Technology Corporati
» More Articles for ALTR

Headlines

Articles On GuruFocus.com
Intel And Altera Merger Is Possibly In The Cards May 19 2015 
Weekly 52-Week Highs Highlight: ALTR, AIG, LUX, NVO, EXPE May 03 2015 
Intel Set to Acquire Altera Corp Apr 08 2015 
Intel’s Acquistion Of Altera Is On The Move Apr 02 2015 
Xilinx Receives Mixed Ratings Following Rumors of Altera Acquisition Mar 31 2015 
This Chipmaker Can Deliver Strong Results in the Long Run Mar 11 2015 
John Rogers Has Busy Third Quarter Nov 12 2014 
Altera: A Good Investment After The Dip Oct 28 2014 
Altera Benefits from Favorable Industry Trends Oct 07 2014 
Reasons of Xilinx´s Bright Future Oct 06 2014 

More From Other Websites
New Strong Sell Stocks for May 22nd - Tale of the Tape May 22 2015
Analyst: Intel should buy Altera. Here’s why May 20 2015
Two Picks as Chip Physics Break Down May 19 2015
Xilinx, Altera: 'Dark Silicon' Makes Their Wares Essential, Says Pac Crest May 19 2015
Company News for May 19, 2015 - Corporate Summary May 19 2015
Altera FPGAs Help Enable Deployment of Harris Corporation’s Latest Falcon III Wideband Tactical... May 19 2015
Altera FPGAs Help Enable Deployment of Harris Corporation's Latest Falcon III Wideband Tactical... May 19 2015
Is Xilinx A Buy? Pacific Crest Thinks So May 19 2015
Altera’s Price of Refusing Intel May 18 2015
Ann and Endo big market movers May 18 2015
Altera Spikes on Renewed Intel Interest, Alibaba Sinks on Lawsuits May 18 2015
Dow, S&P 500 close at record highs May 18 2015
Altera Shares Jump on Potential Merger With Intel May 18 2015
Low volume, no major news, volatility at lows... May 18 2015
US STOCKS-Dow, S&P close at record highs as rate-hike angst abates May 18 2015
US STOCKS-Dow, S&P close at record highs as rate-hike angst abates May 18 2015
S&P 500, Dow Hit Records as Icahn Gives Apple Stock a Boost May 18 2015
[video]Stocks Extend Highs as Apple, Chipmakers Rally May 18 2015
US STOCKS-Dow, S&P hit record highs as rate-hike worries fade May 18 2015
US STOCKS-Dow, S&P hit record highs as rate-hike worries fade May 18 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK