The Altium Limited (ASX: ALU) share price grew by 5.02% to $20.92 today to reach an all-time high.
Altium provides electronic PCB design software for engineers to use.
The company has grown extensively over the past few years and delivered a strong result in its half-year report for the six months to 31 December 2017. Revenue grew by 30%, earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 51% and earnings per share (EPS) grew by 50%.
Altium management are predicting that revenue will grow to US$200 million by 2020 and that the company will also reach an EBITDA margin of 35%.
It's currently trading at 56x FY18's estimated earnings with an unfranked dividend yield of 1.2%.
