Altair Engineering Inc.
—- Market cap
- —
- Debt
- +$237.99M
- Cash
- −$561.90M
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: ALTR stock price vs BAX: inconclusive — current versus $9.41 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BAX's multiple
Implied fair value · at ALTR's multiple
Needs ALTR P/S.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
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) · BAX FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 59% equity / 41% debt · EV / Revenue 1.85x · EV / EBITDA 20.59x
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ALTAIR ENGINEERING INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
BAXTER INTERNATIONAL INC. · implied price per share
Bear
-$0.03
Base
$2.03
Bull
$5.72
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.
Debt / equity
Total debt against shareholders' equity
0.28x
1.54x
Net debt / EBITDA
Leverage against operating earnings
-3.81x
7.38x
Cash and equivalents
Liquid reserves on the balance sheet
$561.90M
$1.97B
Total debt
Interest-bearing obligations outstanding
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.
$237.99M
$9.44B
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe ALTR’s higher margin structure and positive growth can sustain a P/S-based valuation closer to BAX-implied range, then the stock looks attractive versus the DCF range because ALTR is more profitable, faster growing, and less levered than BAX.
The valuation setup is favorable for ALTR because BAX-implied range of $10.07 to $23.15 sits above the DCF range of $5.08 to $6.88. The data suggest the market is implicitly rewarding ALTR with a higher sales multiple framework than the more distressed BAX comparison, though the exact current price is unavailable.
Supporting Metrics