Adeia Statistics
Total Valuation
Adeia has a market cap or net worth of $1.13 billion. The enterprise value is $1.64 billion.
| Market Cap | 1.13B |
| Enterprise Value | 1.64B |
Important Dates
The next confirmed earnings date is Monday, May 6, 2024, after market close.
| Earnings Date | May 6, 2024 |
| Ex-Dividend Date | Mar 11, 2024 |
Share Statistics
Adeia has 108.45 million shares outstanding. The number of shares has increased by 4.90% in one year.
| Shares Outstanding | 108.45M |
| Shares Change (YoY) | +4.90% |
| Shares Change (QoQ) | +0.15% |
| Owned by Insiders (%) | 0.73% |
| Owned by Institutions (%) | 98.42% |
| Float | 105.76M |
Valuation Ratios
The trailing PE ratio is 17.30 and the forward PE ratio is 7.78.
| PE Ratio | 17.30 |
| Forward PE | 7.78 |
| PS Ratio | 2.90 |
| Forward PS | 2.76 |
| PB Ratio | 3.16 |
| P/FCF Ratio | 7.56 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 6.89, with an EV/FCF ratio of 10.99.
| EV / Earnings | 24.31 |
| EV / Sales | 4.21 |
| EV / EBITDA | 6.89 |
| EV / EBIT | 11.49 |
| EV / FCF | 10.99 |
Financial Position
The company has a current ratio of 2.02, with a Debt / Equity ratio of 1.67.
| Current Ratio | 2.02 |
| Quick Ratio | 2.67 |
| Debt / Equity | 1.67 |
| Debt / EBITDA | 2.50 |
| Debt / FCF | 4.00 |
| Interest Coverage | 2.28 |
Financial Efficiency
Return on equity (ROE) is 20.00% and return on invested capital (ROIC) is 12.05%.
| Return on Equity (ROE) | 20.00% |
| Return on Assets (ROA) | 6.00% |
| Return on Capital (ROIC) | 12.05% |
| Revenue Per Employee | $2.99M |
| Profits Per Employee | $518,246 |
| Employee Count | 130 |
| Asset Turnover | 0.35 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Adeia has paid $12.60 million in taxes.
| Income Tax | 12.60M |
| Effective Tax Rate | 15.76% |
Stock Price Statistics
The stock price has increased by +23.70% in the last 52 weeks. The beta is 1.13, so Adeia's price volatility has been higher than the market average.
| Beta (1Y) | 1.13 |
| 52-Week Price Change | +23.70% |
| 50-Day Moving Average | 11.04 |
| 200-Day Moving Average | 10.61 |
| Relative Strength Index (RSI) | 34.57 |
| Average Volume (30 Days) | 538,936 |
Short Selling Information
The latest short interest is 3.49 million, so 3.22% of the outstanding shares have been sold short.
| Short Interest | 3.49M |
| Short Previous Month | 3.48M |
| Short % of Shares Out | 3.22% |
| Short % of Float | 3.30% |
| Short Ratio (days to cover) | 5.76 |
Income Statement
In the last 12 months, Adeia had revenue of $388.79 million and earned $67.37 million in profits. Earnings per share was $0.60.
| Revenue | 388.79M |
| Gross Profit | 388.79M |
| Operating Income | 136.23M |
| Pretax Income | 79.98M |
| Net Income | 67.37M |
| EBITDA | 237.82M |
| EBIT | 142.55M |
| Earnings Per Share (EPS) | $0.60 |
Balance Sheet
The company has $83.57 million in cash and $595.43 million in debt, giving a net cash position of -$511.85 million or -$4.72 per share.
| Cash & Cash Equivalents | 83.57M |
| Total Debt | 595.43M |
| Net Cash | -511.85M |
| Net Cash Per Share | -$4.72 |
| Equity / Book Value | 356.62M |
| Book Value Per Share | 3.29 |
| Working Capital | 103.80M |
Cash Flow
In the last 12 months, operating cash flow was $152.76 million and capital expenditures -$3.81 million, giving a free cash flow of $148.94 million.
| Operating Cash Flow | 152.76M |
| Capital Expenditures | -3.81M |
| Free Cash Flow | 148.94M |
| FCF Per Share | $1.40 |
Margins
Gross margin is 100.00%, with operating and profit margins of 35.04% and 17.33%.
| Gross Margin | 100.00% |
| Operating Margin | 35.04% |
| Pretax Margin | 20.57% |
| Profit Margin | 17.33% |
| EBITDA Margin | 61.17% |
| EBIT Margin | 36.67% |
| FCF Margin | 38.31% |
Dividends & Yields
This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 1.93%.
| Dividend Per Share | $0.20 |
| Dividend Yield | 1.93% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 33.33% |
| Buyback Yield | -4.90% |
| Shareholder Yield | -2.97% |
| Earnings Yield | 5.98% |
| FCF Yield | 13.23% |
Analyst Forecast
The average price target for Adeia is $15.67, which is 50.96% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $15.67 |
| Price Target Difference | 50.96% |
| 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 |