Altair Engineering Inc.
—- Market cap
- —
- Debt
- +$188.65M
- Cash
- −$561.90M
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · View financials
Decision snapshot: ALTR stock price vs ADSK: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ADSK's multiple
Needs ADSK P/E.
Implied fair value · at ALTR's multiple
Needs ALTR P/E.
Live quote
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ALTR FY 2024 (ended Dec 31, 2024) · ADSK FY 2026 (ended Jan 31, 2026). Fiscal years are not aligned.
Trendline
Seven fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
ALTAIR ENGINEERING INC. · implied price per share
Bear
$8.85
Base
$10.42
Bull
$11.98
AUTODESK, INC. · implied price per share
Bear
$58.20
Base
$68.47
Bull
$78.74
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.22x
0.92x
Net debt / EBITDA
Leverage against operating earnings
-4.39x
0.11x
Cash and equivalents
Liquid reserves on the balance sheet
$561.90M
$2.60B
Total debt
Interest-bearing obligations outstanding
$188.65M
$2.80B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe ALTR can close the profitability and return-gap versus ADSK over time, then a selective long view is reasonable because ALTR already looks modestly cheap versus ADSK-implied range and sits within its DCF range; otherwise, the current valuation does not justify a strong bullish stance given ALTR’s much weaker margins and ROIC.
The provided valuation framework implies ALTR at $7.08, which sits below ADSK-implied range of $7.46 to $53.63 and also within the DCF range of $5.08 to $6.88, suggesting the market is discounting ALTR versus ADSK. The gap appears driven more by ADSK’s stronger profitability and growth profile than by balance-sheet stress at ALTR.
Supporting Metrics