ALU 0.00% $68.33 altium limited

I picked up 1000 shares of Altium recently, an average of $25.91...

  1. 4 Posts.
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    I picked up 1000 shares of Altium recently, an average of $25.91 in the dip a few weeks back. I've started picking up more this week.. thinking I'll hold this long term, here some reasons why I like this company..

    - 22.3% forecasted annual earnings growth
    - return on equity is forecast to be 32.2% in 3 years time.
    - current return on equity is 27.3%
    - no debt for the past 5 years.
    - the management team is seasoned and experienced (5.7 years average tenure).
    - 53% of total revenue is subscription-based, with over 31,000 subscribers globally.
    - Altium grew employee count by 12% in the last year; the biggest contributors being sales representatives, which grew by 19%
    - Glassdoor ratings are 3.3 out of 5 stars for overall employee satisfaction. However, almost all ratings less than 4 out of 5 come from Westwood, MA office. Adjusting for this the average sits closer to 4.2 stars out of 5 for overall employee satisfaction.



 
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