Altium is a software - application business based in Australia. Altium shares (ALU) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Altium has a trailing 12-month revenue of around $282.3 million. If you're looking to buy shares, check out the steps below.
To buy shares listed in Australia such as Altium, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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| 52-week range | $34.4412 - $66.6917 |
|---|---|
| 50-day moving average | $63.6282 |
| 200-day moving average | $48.5928 |
| Target price | $61.26 |
| PE ratio | 80.7407 |
| Dividend yield | $0.394 (0.92%) |
| Earnings per share (TTM) | $0.81 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$65.4
| 1 week (2024-04-11) | -0.12% |
|---|---|
| 1 month (2024-03-19) | 0.46% |
| 3 months (2024-01-19) | 35.63% |
| 6 months (2023-10-19) | 58.28% |
| 1 year (2023-04-19) | 70.45% |
|---|---|
| 2 years (2022-04-19) | 95.28% |
| 3 years (2021-04-19) | 118.15% |
| 5 years (2019-04-18) | 102.48% |
Valuing Altium stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Altium's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Altium's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 81x. In other words, Altium shares trade at around 81x recent earnings.
That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Altium's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $93.4 million (£48 million).
The EBITDA is a measure of a Altium's overall financial performance and is widely used to measure stock profitability.
| Revenue TTM | $282.3 million |
|---|---|
| Operating margin TTM | 29.34% |
| Gross profit TTM | $138.9 million |
| Return on assets TTM | 13.51% |
| Return on equity TTM | 23.26% |
| Profit margin | 24.7% |
| Book value | 2.393 |
| Market capitalisation | $8.6 billion |
TTM: trailing 12 months
Dividend payout ratio: 68.21% of net profits
Recently Altium has paid out, on average, around 68.21% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.92% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Altium shareholders could enjoy a 0.92% return on their shares, in the form of dividend payments. In Altium's case, that would currently equate to about A$0.394 per share.
Altium's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 3 March 2024 (the "ex-dividend date").
Altium's shares were split on a 1.0465:1 basis on 26 October 2008. So if you had owned 1 share the day before the split, the next day you would own 1.0465 shares. This wouldn't directly have changed the overall worth of your Altium shares – just the quantity. However, indirectly, the new 4.4% lower share price could have impacted the market appetite for Altium shares which in turn could have impacted Altium's share price.
Over the last 12 months, Altium's shares have ranged in value from as little as $34.4412 up to $66.6917. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Altium's is 0.5. This would suggest that Altium's shares are less volatile than average (for this exchange).
Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Design Software; and Cloud Platform. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium 365 viewer, CircuitStudio, and CircuitMaker. It also provides Altium NEXUS; Altium Concord Pro, a solution for library management; and Octopart, search engine for electronic parts. The company serves automotive, semiconductors, military, aerospace, defense, robotics, bioscience and medical, communication, contract engineering, consumer electronics, education, entertainment, and industrial systems industries. Altium Limited was founded in 1985 and is headquartered in La Jolla, California.
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