Adeia Statistics

Share Statistics

Adeia has 108.5M shares outstanding. The number of shares has increased by -0.37% in one year.

Shares Outstanding	108.5M
Shares Change (YoY)	-0.37%
Shares Change (QoQ)	0.05%
Owned by Institutions (%)	96.18%
Shares Floating	106.57M
Failed to Deliver (FTD) Shares	3,104
FTD / Avg. Volume	0.6%

Short Selling Information

The latest short interest is 3.03M, so 2.8% of the outstanding shares have been sold short.

Short Interest	3.03M
Short % of Shares Out	2.8%
Short % of Float	4.91%
Short Ratio (days to cover)	6.47

Valuation Ratios

The PE ratio is 23.5 and the forward PE ratio is 9.61. Adeia's PEG ratio is -3.7.

PE Ratio	23.5
Forward PE	9.61
PS Ratio	4.04
Forward PS	3.6
PB Ratio	3.83
P/FCF Ratio	7.21
PEG Ratio	-3.7

Financial Ratio History

Enterprise Valuation

Adeia has an Enterprise Value (EV) of 1.93B.

EV / Sales	5.12
EV / EBITDA	9.32
EV / EBIT	9.06
EV / FCF	9.14

Financial Position

The company has a current ratio of 3.53, with a Debt / Equity ratio of 1.22.

Current Ratio	3.53
Quick Ratio	3.53
Debt / Equity	1.22
Debt / EBITDA	2.35
Debt / FCF	2.3
Interest Coverage	2.45

Financial Efficiency

Return on Equity is 16.3% and Return on Invested Capital is 9.78%.

Return on Equity	16.3%
Return on Assets	5.89%
Return on Invested Capital	9.78%
Revenue Per Employee	$2.51M
Profits Per Employee	$430.82K
Employee Count	150
Asset Turnover	0.34
Inventory Turnover	n/a

Taxes

Income Tax	16.56M
Effective Tax Rate	20.4%

Stock Price Statistics

The stock price has increased by 30.4% in the last 52 weeks. The beta is 1.13, so Adeia's price volatility has been higher than the market average.

Beta	1.13
52-Week Price Change	30.4%
50-Day Moving Average	13.67
200-Day Moving Average	13.34
Relative Strength Index (RSI)	60.16
Average Volume (20 Days)	518,720

Income Statement

In the last 12 months, Adeia had revenue of 376.02M and earned 64.62M in profits. Earnings per share was 0.59.

Revenue	376.02M
Gross Profit	376.02M
Operating Income	128.61M
Net Income	64.62M
EBITDA	206.5M
EBIT	133.73M
Earnings Per Share (EPS)	0.59

Full Income Statement

Balance Sheet

The company has 78.83M in cash and 485.42M in debt, giving a net cash position of -406.59M.

Cash & Cash Equivalents	78.83M
Total Debt	485.42M
Net Cash	-406.59M
Retained Earnings	2.83M
Total Assets	1.08B
Working Capital	180.75M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 212.46M and capital expenditures -1.82M, giving a free cash flow of 210.64M.

Operating Cash Flow	212.46M
Capital Expenditures	-1.82M
Free Cash Flow	210.64M
FCF Per Share	1.94

Full Cash Flow Statement

Margins

Gross margin is 100%, with operating and profit margins of 34.2% and 17.19%.

Gross Margin	100%
Operating Margin	34.2%
Pretax Margin	21.59%
Profit Margin	17.19%
EBITDA Margin	54.92%
EBIT Margin	34.2%
FCF Margin	56.02%

Dividends & Yields

ADEA pays an annual dividend of $0.25, which amounts to a dividend yield of 1.54%.

Dividend Per Share	$0.25
Dividend Yield	1.54%
Dividend Growth (YoY)	0%
Payout Ratio	33.78%
Earnings Yield	4.25%
FCF Yield	13.87%

Dividend Details

Analyst Forecast

The average price target for ADEA is $17, which is 20.8% higher than the current price. The consensus rating is "Buy".

Price Target	$17
Price Target Difference	20.8%
Analyst Consensus	Buy
Analyst Count	4

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$2.95
Lynch Upside	-79.03%
Graham Number	6.99
Graham Upside	-50.32%

Stock Splits

The last stock split was on Oct 3, 2022. It was a forward split with a ratio of 189:50.

Last Split Date	Oct 3, 2022
Split Type	forward
Split Ratio	189:50

Scores

Altman Z-Score	2.34
Piotroski F-Score	8

Adeia Inc. (ADEA)