EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Altair Engineering's enterprise value is $6,579.4 Mil.
Altair Engineering's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $57.9 Mil. Therefore, Altair Engineering's EV-to-EBITDA for today is 113.71.
The historical rank and industry rank for Altair Engineering's EV-to-EBITDA or its related term are showing as below:
ALTR'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -2648.21 Med: 118.17 Max: 1540.94
Current: 113.47
During the past 9 years, the highest EV-to-EBITDA of Altair Engineering was 1540.94. The lowest was -2648.21. And the median was 118.17.
ALTR's EV-to-EBITDA is ranked worse than 93.8% of 1838
companies
in the Software industry
Industry Median: 14.56
vs ALTR: 113.47
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-19), Altair Engineering's stock price is $81.405.
Altair Engineering's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.100. Therefore, Altair Engineering's PE Ratio for today is At Loss.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Altair Engineering EV-to-EBITDA Historical Data
The historical data trend for Altair Engineering's EV-to-EBITDA 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 Annual Data
Trend
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBITDA
82.63
115.83
158.86
313.89
117.12
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-EBITDA
313.89
1,486.07
268.73
119.53
117.12
Competitive Comparison
For the Software - Infrastructure subindustry, Altair Engineering's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution
For the Software industry and Technology sector, Altair Engineering's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Altair Engineering's EV-to-EBITDA falls into.
Altair Engineering EV-to-EBITDA Calculation
Altair Engineering's EV-to-EBITDA for today is calculated as:
Altair Engineering's current Enterprise Value is $6,579.4 Mil.
Altair Engineering's EBITDA 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 $57.9 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.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Altair Engineering's PE Ratio for today is calculated as:
Altair Engineering's share price for today is $81.405.
Altair Engineering's Earnings per Share (Diluted) 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 $-0.100.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Altair Engineering's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Altair Engineering (Altair Engineering) Business Description
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.
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