Adeia Statistics
Total Valuation
Adeia has a market cap or net worth of $1.23 billion. The enterprise value is $1.70 billion.
| Market Cap | 1.23B |
| Enterprise Value | 1.70B |
Important Dates
The next confirmed earnings date is Tuesday, August 6, 2024, after market close.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | May 28, 2024 |
Share Statistics
Adeia has 108.51 million shares outstanding. The number of shares has decreased by -0.41% in one year.
| Shares Outstanding | 108.51M |
| Shares Change (YoY) | -0.41% |
| Shares Change (QoQ) | -0.11% |
| Owned by Insiders (%) | 1.18% |
| Owned by Institutions (%) | 99.58% |
| Float | 105.85M |
Valuation Ratios
The trailing PE ratio is 32.49 and the forward PE ratio is 8.08.
| PE Ratio | 32.49 |
| Forward PE | 8.08 |
| PS Ratio | 3.48 |
| Forward PS | 2.94 |
| PB Ratio | 3.53 |
| P/FCF Ratio | 8.09 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.44, with an EV/FCF ratio of 11.16.
| EV / Earnings | 43.33 |
| EV / Sales | 4.79 |
| EV / EBITDA | 8.44 |
| EV / EBIT | 15.96 |
| EV / FCF | 11.16 |
Financial Position
The company has a current ratio of 2.23, with a Debt / Equity ratio of 1.59.
| Current Ratio | 2.23 |
| Quick Ratio | 2.84 |
| Debt / Equity | 1.59 |
| Debt / EBITDA | 2.76 |
| Debt / FCF | 3.65 |
| Interest Coverage | 1.75 |
Financial Efficiency
Return on equity (ROE) is 11.40% and return on invested capital (ROIC) is 9.51%.
| Return on Equity (ROE) | 11.40% |
| Return on Assets (ROA) | 3.50% |
| Return on Capital (ROIC) | 9.51% |
| Revenue Per Employee | $2.73M |
| Profits Per Employee | $301,923 |
| Employee Count | 130 |
| Asset Turnover | 0.32 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Adeia has paid $6.51 million in taxes.
| Income Tax | 6.51M |
| Effective Tax Rate | 14.23% |
Stock Price Statistics
The stock price has decreased by -3.48% in the last 52 weeks. The beta is 1.16, so Adeia's price volatility has been higher than the market average.
| Beta (5Y) | 1.16 |
| 52-Week Price Change | -3.48% |
| 50-Day Moving Average | 11.38 |
| 200-Day Moving Average | 10.78 |
| Relative Strength Index (RSI) | 50.93 |
| Average Volume (20 Days) | 567,992 |
Short Selling Information
The latest short interest is 2.96 million, so 2.73% of the outstanding shares have been sold short.
| Short Interest | 2.96M |
| Short Previous Month | 2.79M |
| Short % of Shares Out | 2.73% |
| Short % of Float | 2.80% |
| Short Ratio (days to cover) | 5.16 |
Income Statement
In the last 12 months, Adeia had revenue of $354.89 million and earned $39.25 million in profits. Earnings per share was $0.35.
| Revenue | 354.89M |
| Gross Profit | 354.89M |
| Operating Income | 100.47M |
| Pretax Income | 45.76M |
| Net Income | 39.25M |
| EBITDA | 201.45M |
| EBIT | 106.57M |
| Earnings Per Share (EPS) | $0.35 |
Balance Sheet
The company has $88.99 million in cash and $556.03 million in debt, giving a net cash position of -$467.04 million or -$4.30 per share.
| Cash & Cash Equivalents | 88.99M |
| Total Debt | 556.03M |
| Net Cash | -467.04M |
| Net Cash Per Share | -$4.30 |
| Equity (Book Value) | 349.95M |
| Book Value Per Share | 3.23 |
| Working Capital | 113.52M |
Cash Flow
In the last 12 months, operating cash flow was $156.63 million and capital expenditures -$4.22 million, giving a free cash flow of $152.42 million.
| Operating Cash Flow | 156.63M |
| Capital Expenditures | -4.22M |
| Free Cash Flow | 152.42M |
| FCF Per Share | $1.41 |
Margins
Gross margin is 100.00%, with operating and profit margins of 28.31% and 11.06%.
| Gross Margin | 100.00% |
| Operating Margin | 28.31% |
| Pretax Margin | 12.89% |
| Profit Margin | 11.06% |
| EBITDA Margin | 56.76% |
| EBIT Margin | 30.03% |
| FCF Margin | 42.95% |
Dividends & Yields
This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 1.76%.
| Dividend Per Share | $0.20 |
| Dividend Yield | 1.76% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 57.14% |
| Buyback Yield | 0.41% |
| Shareholder Yield | 2.17% |
| Earnings Yield | 3.18% |
| FCF Yield | 12.35% |
Analyst Forecast
The average price target for Adeia is $15.67, which is 37.82% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $15.67 |
| Price Target Difference | 37.82% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| 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 1.72 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.72 |
| Piotroski F-Score | 7 |