Altair Engineering [ALTR] vs Elastic N.V [ESTC] Detailed Stock Comparison
TLDR: Quick Comparison Summary
Based on 20 vital metrics comparison: Altair Engineering Inc. wins in 12 metrics, Elastic N.V. wins in 7 metrics, with 0 ties. Altair Engineering Inc. appears stronger overall.
View Metrics Details
Vital Metrics Comparison
| Metric | Altair Engineering Inc. | Elastic N.V. | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 699.06 | 168.80 | Elastic N.V. |
| Price-to-Book Ratio | 11.17 | 6.48 | Elastic N.V. |
| Debt-to-Equity Ratio | 30.23 | 74.80 | Altair Engineering Inc. |
| PEG Ratio | 78.77 | -1.17 | Altair Engineering Inc. |
| EV/EBITDA | 154.06 | -269.34 | Altair Engineering Inc. |
| Profit Margin (TTM) | 2.13% | -5.04% | Altair Engineering Inc. |
| Operating Margin (TTM) | 5.84% | 0.23% | Altair Engineering Inc. |
| EBITDA Margin (TTM) | 5.84% | 0.23% | Altair Engineering Inc. |
| Return on Equity | 1.81% | -10.24% | Altair Engineering Inc. |
| Return on Assets (TTM) | 0.81% | -0.72% | Altair Engineering Inc. |
| Free Cash Flow (TTM) | $140.00M | $261.82M | Elastic N.V. |
| 1-Year Return | 29.83% | -23.98% | Altair Engineering Inc. |
| Price-to-Sales Ratio (TTM) | 14.47 | 3.09 | Elastic N.V. |
| Enterprise Value | $9.29B | $4.44B | Altair Engineering Inc. |
| EV/Revenue Ratio | 13.96 | 2.65 | Elastic N.V. |
| Gross Profit Margin (TTM) | 82.67% | 76.34% | Altair Engineering Inc. |
| Revenue per Share (TTM) | $8 | $16 | Elastic N.V. |
| Earnings per Share (Diluted) | $0.16 | $-0.79 | Altair Engineering Inc. |
| Beta (Stock Volatility) | 1.45 | 1.03 | Elastic N.V. |
| Short % of Float | N/A | 5.16% | N/A |
Altair Engineering Inc. vs Elastic N.V. Stock Performance Analysis
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Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| Altair Engineering Inc. | 0.00% | N/A | N/A | N/A | N/A | N/A |
| Elastic N.V. | 3.23% | 0.26% | 23.12% | 16.58% | -15.49% | -14.14% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| Altair Engineering Inc. | 29.83% | 75.31% | 376.16% | 477.44% | 477.44% | 477.44% |
| Elastic N.V. | -23.98% | -9.10% | -58.08% | -13.79% | -13.79% | -13.79% |
Performance & Financial Health Analysis: Altair Engineering Inc. vs Elastic N.V.
| Metric | ALTR | ESTC |
|---|---|---|
| Market Information | ||
| Market Cap | $9.63B | $4.82B |
| Market Cap Category | Mid cap | Mid cap |
| 10 Day Avg. Volume | 771,131 | 1,870,411 |
| 90 Day Avg. Volume | 772,784 | 1,936,470 |
| Last Close | $111.85 | $62.30 |
| 52 Week Range | $75.71 - $113.12 | $42.05 - $96.07 |
| % from 52W High | -1.12% | -35.15% |
| All-Time High | $113.12 (Oct 28, 2024) | $189.84 (Nov 15, 2021) |
| % from All-Time High | -1.12% | -67.18% |
| Growth Metrics | ||
| Quarterly Revenue Growth | 0.12% | 0.18% |
| Quarterly Earnings Growth | -0.95% | 0.18% |
| Financial Health | ||
| Profit Margin (TTM) | 0.02% | -0.05% |
| Operating Margin (TTM) | 0.06% | 0.00% |
| Return on Equity (TTM) | 0.02% | -0.10% |
| Debt to Equity (MRQ) | 30.23 | 74.80 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $10.02 | $7.60 |
| Cash per Share (MRQ) | $6.55 | $12.06 |
| Operating Cash Flow (TTM) | $154.08M | $261.16M |
| Levered Free Cash Flow (TTM) | $132.50M | $387.17M |
| Dividends | ||
| Last 12-Month Dividend Yield | N/A | N/A |
| Last 12-Month Dividend | N/A | N/A |
Valuation & Enterprise Metrics Analysis: Altair Engineering Inc. vs Elastic N.V.
| Metric | ALTR (Apr 30, 2025) | ESTC (Apr 24, 2026) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 699.06 | 168.80 |
| Forward P/E | 78.77 | 17.40 |
| PEG Ratio | 78.77 | -1.17 |
| Price to Sales (TTM) | 14.47 | 3.09 |
| Price to Book (MRQ) | 11.17 | 6.48 |
| Market Capitalization | ||
| Market Capitalization | $9.63B | $4.82B |
| Enterprise Value | $9.29B | $4.44B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 13.96 | 2.65 |
| Enterprise to EBITDA | 154.06 | -269.34 |
| Risk & Other Metrics | ||
| Beta | 1.45 | 1.03 |
| Book Value per Share (MRQ) | $10.02 | $7.60 |
Financial Statements Comparison: Altair Engineering Inc. vs Elastic N.V.
Financial Metrics
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Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | ALTR (2024) | ESTC (2025) |
|---|---|---|
| Revenue/Sales | 665.79M | 1.48B |
| Cost of Goods Sold | 124.80M | 379.87M |
| COGS % of Revenue | 18.7% | 25.6% |
| Gross Profit | 540.99M | 1.10B |
| Gross Margin | 81.3% | 74.4% |
| Research & Development | 221.16M | 365.76M |
| Operating Income (EBIT) | 17.69M | -54.70M |
| Operating Margin | 2.7% | -3.7% |
| EBITDA | 82.84M | 6.28M |
| EBITDA Margin | 12.4% | 0.4% |
| Pre-Tax Income | 32.63M | -31.57M |
| Pre-Tax Income % of Revenue | 4.9% | -2.1% |
| Income Tax | 18.46M | 76.55M |
| Income Tax % of Revenue | 2.8% | 5.2% |
| Net Income (Profit) | 14.18M | -108.11M |
| Profit Margin | 2.1% | -7.3% |
Balance Sheet & Liquidity Metrics
| Metric | ALTR (2024) | ESTC (2025) |
|---|---|---|
| Cash & Equivalents | 561.90M | 727.54M |
| Total Current Assets | 784.98M | 1.93B |
| Total Current Assets % of Revenue | 117.9% | 130.2% |
| Total Current Liabilities | 487.77M | 1.01B |
| Total Current Liabilities % of Revenue | 73.3% | 68.0% |
| Long-Term Debt | 24.14M | 586.09M |
| Long-Term Debt % of Revenue | 3.6% | 39.5% |
| Total Shareholders Equity | 857.19M | 927.23M |
| Retained Earnings | -116.33M | -1.10B |
| Retained Earnings % of Revenue | -17.5% | -74.1% |
| Property, Plant & Equipment | 31.12M | 22.33M |
Cash Flow Statement Comparison
| Metric | ALTR (2024) | ESTC (2025) |
|---|---|---|
| Operating Cash Flow | 146.90M | 287.16M |
| Operating Cash Flow % of Revenue | 22.1% | 19.4% |
| Capital Expenditures | N/A | -4.35M |
| Free Cash Flow | 140.00M | 261.82M |
| FCF Margin | 21.0% | 17.7% |
| Debt Repayment | -81.73M | N/A |
| Common Stock Repurchase | 0 | N/A |
Short Interest & Institutional Ownership Analysis
| Metric | ALTR | ESTC |
|---|---|---|
| Shares Short | N/A | 4.67M |
| Short Ratio | N/A | 2.04 |
| Short % of Float | N/A | 5.16% |
| Shares Outstanding | 85.57M | 104.15M |
| Float Shares | 47.95M | 82.85M |
| % Held by Insiders | 2.00% | 12.40% |
| % Held by Institutions | 92.53% | 92.71% |
| % Held by Public | 5.47% | -5.11% |
Dividend Analysis & Yield Comparison: Altair Engineering Inc. vs Elastic N.V.
| Metric | ALTR | ESTC |
|---|---|---|
| Last 12-Month Dividend | N/A | N/A |
| Last 12-Month Dividend Yield | N/A | N/A |
| 3-Year Avg Annual Dividend | N/A | N/A |
| 3-Year Avg Dividend Yield | N/A | N/A |
| 3-Year Total Dividends | N/A | N/A |
| Ex-Dividend Date | N/A | N/A |