Altair Profit Margin

ALTR
 Stock
  

USD 56.48  0.57  1.02%   

Altair Engineering fundamentals help investors to digest information that contributes to Altair Engineering's financial success or failures. It also enables traders to predict the movement of Altair Stock. The fundamental analysis module provides a way to measure Altair Engineering's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altair Engineering stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
As of 08/10/2022, Profit Margin is likely to drop to -0.02.

Altair Profit Margin Analysis

Altair Engineering's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Altair Engineering Profit Margin

(0.0183)

Profit Margin 
 = 
Net Income 
Revenue 
X
100 
More About Profit Margin | All Equity Analysis

Current Altair Engineering Profit Margin

    
  (2.15) %  
Most of Altair Engineering's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altair Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Altair Profit Margin Driver Correlations

Understanding the fundamental principles of building solid financial models for Altair Engineering is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Profit Margin. Since Altair Engineering's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altair Engineering's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altair Engineering's interrelated accounts and indicators.

Altair Profit Margin Historical Pattern

Today, most investors in Altair Engineering Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Altair Engineering's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's profit margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Altair Engineering profit margin as a starting point in their analysis.
   Altair Engineering Profit Margin   
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In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Compare to competition

Altair Operating Margin

Operating Margin

2.28

Altair Engineering Operating Margin is relatively stable at the moment as compared to the past year. Altair Engineering reported last year Operating Margin of 2.32
Based on the latest financial disclosure, Altair Engineering has a Profit Margin of -2.15%. This is 65.38% higher than that of the Technology sector and significantly lower than that of the Software—Infrastructure industry. The profit margin for all United States stocks is 69.29% higher than that of the company.

Altair Profit Margin Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altair Engineering's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altair Engineering could also be used in its relative valuation, which is a method of valuing Altair Engineering by comparing valuation metrics of similar companies.
Altair Engineering is currently under evaluation in profit margin category among related companies.

Altair Engineering Current Valuation Drivers

We derive many important indicators used in calculating different scores of Altair Engineering from analyzing Altair Engineering's financial statements. These drivers represent accounts that assess Altair Engineering's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Altair Engineering's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(41.42 K)4.81 K(3.02 K)(3.88 K)(3.14 K)(3.39 K)
Revenue Per Employee138.89 K139.08 K183.57 K173.57 K190.06 K171.64 K
Average Assets269.32 M415.95 M677.11 M770.28 M953.97 M822.73 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(22.5 M)41.96 M31.28 M37.44 M37.42 M34.09 M
Earnings Before Interest Taxes and Depreciation Amortization USD(22.5 M)41.96 M31.28 M37.44 M37.42 M34.09 M
Earnings before Tax(36.41 M)27.02 M3.39 M2.03 M(288 K)(295.58 K)
Average Equity12.96 M192.49 M339.9 M362.28 M503.46 M543.2 M
Free Cash Flow8.57 M29.57 M21.73 M26.79 M53.77 M58.02 M
Invested Capital(35.56 M)76 M274.39 M300.25 M35.51 M36.44 M
Invested Capital Average38.89 M(21.49 M)225.26 M282.01 M89.01 M116.44 M
Tangible Asset Value200.7 M206.83 M442.39 M489.31 M694.04 M565.39 M
Working Capital(53.58 M)26.8 M199.59 M186.18 M114.24 M90.34 M

Altair Fundamentals

About Altair Engineering Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altair Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altair Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altair Engineering based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Profit Margin(0.017) (0.0183) 
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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Altair Engineering without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Altair Engineering

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altair Engineering

0.71ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.
The correlation of Altair Engineering is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Altair Engineering Piotroski F Score and Altair Engineering Altman Z Score analysis. Note that the Altair Engineering information on this page should be used as a complementary analysis to other Altair Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Altair Engineering price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.
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Is Altair Engineering's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altair Engineering. If investors know Altair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altair Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Altair Engineering is measured differently than its book value, which is the value of Altair that is recorded on the company's balance sheet. Investors also form their own opinion of Altair Engineering's value that differs from its market value or its book value, called intrinsic value, which is Altair Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altair Engineering's market value can be influenced by many factors that don't directly affect Altair Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altair Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine Altair Engineering value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altair Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.