(ALTR) Altair Engineering - Ratings and Ratios

Altair Engineering Inc. stands at the forefront of innovation, offering a comprehensive suite of software and cloud solutions tailored for simulation, design, high-performance computing, data analytics, and artificial intelligence. Their expertise spans multiple sectors, providing tools that optimize design performance across structures, motion, fluids, thermal management, electromagnetics, system modeling, and embedded systems.

The companys operations are divided into two main segments: Software and Client Engineering Services. The Software segment is a powerhouse, delivering solvers, optimization technology, HPC software, modeling tools, data analytics, IoT platforms, and complementary software. Additionally, they provide consulting, implementation, and training services, focusing on product design and development from component to complete product engineering. This segment serves a diverse range of industries including automotive, aerospace, chemical, architecture, and more.

Altair also excels in Client Engineering Services, offering bespoke engineering solutions that cater to specific client needs. Beyond their core offerings, they are innovators in solid-state lighting technology, developing LED solutions that replace fluorescent tubes, complete with proprietary communication protocols. This showcases their commitment to a sustainable future.

From a financial perspective, Altair Engineering Inc. boasts a market cap of approximately $9.45 billion, reflecting its significant market presence. The high P/E ratio of 276 indicates a valuation that anticipates substantial growth, supported by a forward P/E of 78. The P/B ratio of 11.29 and P/S ratio of 14.66 highlight the markets confidence in their asset value and revenue generation capabilities, making Altair an attractive yet pricey investment opportunity.