Adeia Inc. (ADEA)
Total Valuation
Adeia has a market cap or net worth of $1.29 billion. The enterprise value is $1.83 billion.
Market Cap | 1.29B |
Enterprise Value | 1.83B |
Important Dates
The next estimated earnings date is Wednesday, February 21, 2024, after market close.
Earnings Date | Feb 21, 2024 |
Ex-Dividend Date | Nov 24, 2023 |
Share Statistics
Adeia has 104.27 million shares outstanding. The number of shares has increased by 8.06% in one year.
Shares Outstanding | 104.27M |
Shares Change (YoY) | +8.06% |
Shares Change (QoQ) | +0.14% |
Owned by Insiders (%) | 1.75% |
Owned by Institutions (%) | 97.25% |
Float | n/a |
Valuation Ratios
The trailing PE ratio is 10.96 and the forward PE ratio is 9.60.
PE Ratio | 10.96 |
Forward PE | 9.60 |
PS Ratio | 3.19 |
Forward PS | 3.25 |
PB Ratio | 3.76 |
P/FCF Ratio | 8.48 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.38, with an EV/FCF ratio of 11.99.
EV / Earnings | 14.23 |
EV / Sales | 4.51 |
EV / EBITDA | 7.38 |
EV / EBIT | 12.07 |
EV / FCF | 11.99 |
Financial Position
The company has a current ratio of 2.68, with a Debt / Equity ratio of 1.79.
Current Ratio | 2.68 |
Quick Ratio | 3.36 |
Debt / Equity | 1.79 |
Debt / EBITDA | 2.49 |
Debt / FCF | 4.05 |
Interest Coverage | 2.43 |
Financial Efficiency
Return on equity (ROE) is 39.80% and return on invested capital (ROIC) is 21.91%.
Return on Equity (ROE) | 39.80% |
Return on Assets (ROA) | 11.10% |
Return on Capital (ROIC) | 21.91% |
Revenue Per Employee | $3.12M |
Profits Per Employee | $987,708 |
Employee Count | 130 |
Asset Turnover | 0.35 |
Inventory Turnover | n/a |
Taxes
Income Tax | -39.21M |
Effective Tax Rate | -43.97% |
Stock Price Statistics
The stock price has increased by +30.28% in the last 52 weeks. The beta is 0.91, so Adeia's price volatility has been similar to the market average.
Beta (1Y) | 0.91 |
52-Week Price Change | +30.28% |
50-Day Moving Average | 9.85 |
200-Day Moving Average | 9.72 |
Relative Strength Index (RSI) | 79.91 |
Average Volume (30 Days) | 560,415 |
Short Selling Information
The latest short interest is 4.11 million, so 3.95% of the outstanding shares have been sold short.
Short Interest | 4.11M |
Short Previous Month | 2.99M |
Short % of Shares Out | 3.95% |
Short % of Float | n/a |
Short Ratio (days to cover) | 6.47 |
Income Statement
In the last 12 months, Adeia had revenue of $405.21 million and earned $128.40 million in profits. Earnings per share was $1.13.
Revenue | 405.21M |
Gross Profit | 405.21M |
Operating Income | 146.21M |
Pretax Income | 89.19M |
Net Income | 128.40M |
EBITDA | 247.56M |
EBIT | 151.35M |
Earnings Per Share (EPS) | $1.13 |
Balance Sheet
The company has $82.10 million in cash and $616.84 million in debt, giving a net cash position of -$534.74 million or -$5.13 per share.
Cash & Cash Equivalents | 82.10M |
Total Debt | 616.84M |
Net Cash | -534.74M |
Net Cash Per Share | -$5.13 |
Equity / Book Value | 343.83M |
Book Value Per Share | 3.30 |
Working Capital | 137.87M |
Cash Flow
In the last 12 months, operating cash flow was $154.30 million and capital expenditures -$1.94 million, giving a free cash flow of $152.36 million.
Operating Cash Flow | 154.30M |
Capital Expenditures | -1.94M |
Free Cash Flow | 152.36M |
FCF Per Share | $1.43 |
Margins
Gross margin is 100.00%, with operating and profit margins of 36.08% and 31.69%.
Gross Margin | 100.00% |
Operating Margin | 36.08% |
Pretax Margin | 22.01% |
Profit Margin | 31.69% |
EBITDA Margin | 61.09% |
EBIT Margin | 37.35% |
FCF Margin | 37.60% |
Dividends & Yields
This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 1.61%.
Dividend Per Share | $0.20 |
Dividend Yield | 1.61% |
Earnings Yield | 9.94% |
FCF Yield | 11.79% |
Dividend Growth (YoY) | n/a |
Payout Ratio | 17.70% |
Buyback Yield | -8.06% |
Shareholder Yield | -6.44% |
Analyst Forecast
The average price target for Adeia is $16.00, which is 29.14% higher than the current price. The consensus rating is "Buy".
Price Target | $16.00 |
Price Target Difference | 29.14% |
Analyst Consensus | Buy |
Analyst Count | 1 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on October 3, 2022. It was a forward split with a ratio of 378:100.
Last Split Date | Oct 3, 2022 |
Split Type | Forward |
Split Ratio | 378:100 |
Scores
Adeia has an Altman Z-Score of 1.86 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.86 |
Piotroski F-Score | 7 |