InterDigital, Inc. (IDCC)

NASDAQ: IDCC · IEX Real-Time Price · USD
106.46
+0.55 (0.52%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

InterDigital has a market cap or net worth of $2.73 billion. The enterprise value is $2.33 billion.

Market Cap 2.73B
Enterprise Value 2.33B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, before market open.

Earnings Date May 2, 2024
Ex-Dividend Date Apr 9, 2024

Share Statistics

InterDigital has 25.49 million shares outstanding. The number of shares has decreased by -7.82% in one year.

Shares Outstanding 25.49M
Shares Change (YoY) -7.82%
Shares Change (QoQ) -0.67%
Owned by Insiders (%) 1.53%
Owned by Institutions (%) 102.36%
Float 24.92M

Valuation Ratios

The trailing PE ratio is 13.97 and the forward PE ratio is 18.10. InterDigital's PEG ratio is 0.88.

PE Ratio 13.97
Forward PE 18.10
PS Ratio 4.97
Forward PS 4.26
PB Ratio 4.70
P/FCF Ratio 16.15
PEG Ratio 0.88
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.48, with an EV/FCF ratio of 13.80.

EV / Earnings 10.90
EV / Sales 4.24
EV / EBITDA 6.48
EV / EBIT 8.26
EV / FCF 13.80

Financial Position

The company has a current ratio of 1.33, with a Debt / Equity ratio of 1.05.

Current Ratio 1.33
Quick Ratio 1.28
Debt / Equity 1.05
Debt / EBITDA 1.69
Debt / FCF 3.59
Interest Coverage 6.30

Financial Efficiency

Return on equity (ROE) is 36.00% and return on invested capital (ROIC) is 16.79%.

Return on Equity (ROE) 36.00%
Return on Assets (ROA) 12.00%
Return on Capital (ROIC) 16.79%
Revenue Per Employee $1.22M
Profits Per Employee $475,709
Employee Count 450
Asset Turnover 0.31
Inventory Turnover n/a

Taxes

In the past 12 months, InterDigital has paid $23.56 million in taxes.

Income Tax 23.56M
Effective Tax Rate 9.91%

Stock Price Statistics

The stock price has increased by +47.82% in the last 52 weeks. The beta is 1.33, so InterDigital's price volatility has been higher than the market average.

Beta (1Y) 1.33
52-Week Price Change +47.82%
50-Day Moving Average 105.99
200-Day Moving Average 94.77
Relative Strength Index (RSI) 54.12
Average Volume (30 Days) 464,108

Short Selling Information

The latest short interest is 4.73 million, so 18.55% of the outstanding shares have been sold short.

Short Interest 4.73M
Short Previous Month 4.90M
Short % of Shares Out 18.55%
Short % of Float 18.97%
Short Ratio (days to cover) 6.66

Income Statement

In the last 12 months, InterDigital had revenue of $549.59 million and earned $214.07 million in profits. Earnings per share was $7.62.

Revenue 549.59M
Gross Profit 274.91M
Operating Income 221.62M
Pretax Income 237.63M
Net Income 214.07M
EBITDA 360.24M
EBIT 282.44M
Earnings Per Share (EPS) $7.62
Full Income Statement

Balance Sheet

The company has $1.01 billion in cash and $607.77 million in debt, giving a net cash position of $398.59 million or $15.64 per share.

Cash & Cash Equivalents 1.01B
Total Debt 607.77M
Net Cash 398.59M
Net Cash Per Share $15.64
Equity / Book Value 581.55M
Book Value Per Share 22.82
Working Capital 286.50M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $213.73 million and capital expenditures -$44.63 million, giving a free cash flow of $169.11 million.

Operating Cash Flow 213.73M
Capital Expenditures -44.63M
Free Cash Flow 169.11M
FCF Per Share $6.30
Full Cash Flow Statement

Margins

Gross margin is 50.02%, with operating and profit margins of 40.32% and 38.95%.

Gross Margin 50.02%
Operating Margin 40.32%
Pretax Margin 43.24%
Profit Margin 38.95%
EBITDA Margin 65.55%
EBIT Margin 51.39%
FCF Margin 30.77%

Dividends & Yields

This stock pays an annual dividend of $1.60, which amounts to a dividend yield of 1.50%.

Dividend Per Share $1.60
Dividend Yield 1.50%
Dividend Growth (YoY) 10.71%
Years of Dividend Growth 1
Payout Ratio 21.00%
Buyback Yield 7.82%
Shareholder Yield 9.32%
Earnings Yield 7.84%
FCF Yield 6.19%
Dividend Details

Analyst Forecast

The average price target for InterDigital is $105.00, which is -1.37% lower than the current price. The consensus rating is "Strong Buy".

Price Target $105.00
Price Target Difference -1.37%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

InterDigital has an Altman Z-Score of 3.56 and a Piotroski F-Score of 7.

Altman Z-Score 3.56
Piotroski F-Score 7