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 TPC: inconclusive — current versus $9.35 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at TPC's multiple
Implied fair value · at ALTR's multiple
Needs ALTR P/E.
Snapshot Sep 4, 4:00 PM ET
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) · TPC 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 92% equity / 8% debt · EV / Revenue 0.78x · EV / EBITDA 17.86x
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.
Tutor Perini Corporation · implied price per share
Bear
$109.28
Base
$127.45
Bull
$151.11
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
0.35x
Net debt / EBITDA
Leverage against operating earnings
-3.81x
-1.29x
Cash and equivalents
Liquid reserves on the balance sheet
$561.90M
$734.55M
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.
ANSYS INC
ALTR vs ANSS
PTC INC.
ALTR vs PTC
BENTLEY SYSTEMS INC
ALTR vs BSY
Autodesk, Inc.
ALTR vs ADSK
ORACLE CORP
ALTR vs ORCL
EMCOR Group, Inc.
ALTR vs EME
AECOM
ALTR vs ACM
MASTEC INC
ALTR vs MTZ
MYR GROUP INC.
ALTR vs MYRG
GRANITE CONSTRUCTION INC
ALTR vs GVA
Primoris Services Corp
ALTR vs PRIM
$237.99M
$421.96M
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 can convert its 81.3% gross margin into materially better operating leverage, then the stock looks more attractive on quality than the current DCF range implies, because ALTR’s balance sheet is strong and the implied price of $8.96 is above the $5.08-$6.88 DCF range.
The valuation picture is incomplete because ALTR has no current P/E, P/S, or EV-based multiples provided, while TPC trades at 56.0x P/E and 0.8x P/S. ALTR’s implied price of $8.96 sits above the DCF range of $5.08-$6.88, but below TPC-implied range of $6.35-$20.18 only in the lower half of that interval.
Supporting Metrics