A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
Adeia Inc.
ADEA
$2.9B
Mkt Cap
$25.95
-3.60%
Adeia Inc. (ADEA) has a current P/E ratio of 26.2, compared to its historical median P/E of 18.7. The stock is currently considered Expensive based on its historical valuation range.
Adeia Inc. (ADEA) has a 5-year average return on invested capital (ROIC) of 11.9%. This indicates solid capital allocation.
Adeia Inc. (ADEA) has a market capitalization of $2.9B. It is classified as a mid-cap stock.
Yes, Adeia Inc. (ADEA) pays a dividend with a trailing twelve-month yield of 0.76%. The company also returns capital through share buybacks, with a buyback yield of 0.70%.
Based on historical P/E analysis, Adeia Inc. (ADEA) appears expensive. The current P/E of 26.2 is 40% above its historical median of 18.7. The estimated fair value CAGR (P/E method) is -6.0%.
Adeia Inc. (ADEA) operates in the Cable & Other Pay Television Services industry, within the Communication Services sector.
Adeia Inc. (ADEA) reported annual revenue of $443 million in its most recent fiscal year, based on SEC EDGAR filings.
Corporate Information Our principal executive offices are located at 3025 Orchard Parkway, San Jose, California. Our telephone number is 408-473-2500. We maintain a corporate website at www.adeia.com. The reference to our website does not constitute incorporation by reference of the information contained on this website. Adeia and the Adeia logo are trademarks or registered trademarks of Adeia Inc. or its affiliated companies in the U.S. All other company, brand and product names may be trademarks or registered trademarks of their respective companies. We (the “Company,” “Adeia,” “we,” “our,” and “us”) are a technology company and an innovation incubator. We have spent decades investing in advanced research and development to create market-leading technologies for the entertainment, media, consumer electronics, and semiconductor industries.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 460M | 443M | 376M | 389M | 439M | 391M |
| Net Income | 122M | 111M | 65M | 67M | -296M | -55M |
| EPS | $1.12 | $0.99 | $0.57 | $0.60 | $-2.75 | $-0.52 |
| Free Cash Flow | 157M | 156M | 211M | 149M | 170M | 221M |
| ROIC | 19.8% | 18.0% | 12.6% | 12.9% | 10.7% | 5.5% |
| Gross Margin | - | - | - | - | 89.6% | 67.6% |
| Debt/Equity | 0.84 | 0.89 | 1.22 | 1.67 | 2.44 | 0.57 |
| Dividends/Share | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 |
| Operating Income | 187M | 175M | 129M | 136M | 153M | 119M |
| Operating Margin | 40.6% | 39.5% | 34.2% | 35.0% | 34.9% | 30.4% |
| ROE | 26.2% | 25.3% | 17.2% | 20.5% | -35.8% | -4.0% |
| Shares Outstanding | 110M | 112M | 113M | 112M | 108M | 107M |
| Metric | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 406M | 280M | 516M | 391M | 439M | 389M | 376M | 443M | 460M |
| Gross Margin | 96.6% | 97.0% | 84.8% | 67.6% | 89.6% | N/A | N/A | N/A | N/A |
| R&D | 105M | 111M | 35M | 40M | 45M | 54M | 60M | 68M | 69M |
| SG&A | 123M | 118M | 137M | 129M | 136M | 95M | 103M | 120M | 121M |
| EBIT | 24M | -69M | 267M | 119M | 153M | 136M | 129M | 175M | 187M |
| Op. Margin | 5.9% | -24.5% | 51.8% | 30.4% | 34.9% | 35.0% | 34.2% | 39.5% | 40.6% |
| Net Income | -289K | -63M | 147M | -55M | -296M | 67M | 65M | 111M | 122M |
| Net Margin | -0.1% | -22.3% | 28.4% | -14.2% | -67.4% | 17.3% | 17.2% | 25.1% | 26.5% |
| Non-Recurring | 0 | 0 | 14M | 0 | 354M | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||
| ROIC | 13.3% | -8.3% | 18.4% | 5.5% | 10.7% | 12.9% | 12.6% | 18.0% | 19.8% |
| ROE | N/A | -10.7% | 14.6% | -4.0% | -35.8% | 20.5% | 17.2% | 25.3% | 26.2% |
| ROA | -0.3% | -10.8% | 7.8% | -2.1% | -16.1% | 5.8% | 5.9% | 10.4% | 12.2% |
| Cash Flow | |||||||||
| Op. Cash Flow | 135M | 169M | 428M | 235M | 183M | 153M | 212M | 158M | 159M |
| Free Cash Flow | 132M | 160M | 420M | 221M | 170M | 149M | 211M | 156M | 157M |
| Owner Earnings | -11M | 31M | 310M | 50M | 116M | 39M | 113M | 65M | 103M |
| CapEx | 3.3M | 8.8M | 7.4M | 14M | 13M | 3.8M | 1.8M | 1.8M | 2.0M |
| Maint. CapEx | 115M | 107M | 78M | 127M | 15M | 95M | 73M | 59M | 21M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 115M | 107M | 78M | 127M | 15M | 95M | 73M | 59M | 21M |
| CapEx/OCF | N/A | 5.2% | 1.7% | 5.9% | 6.9% | 2.5% | 0.9% | 1.1% | 1.3% |
| Capital Allocation | |||||||||
| Dividends Paid | 39M | 40M | 31M | 21M | 21M | 21M | 22M | 22M | 22M |
| Dividend Yield | N/A | 10.9% | 6.4% | 2.4% | 2.7% | 2.0% | 1.7% | 1.4% | 0.8% |
| Share Buybacks | 45M | 4.5M | 81M | 85M | 17M | 0 | 19M | 21M | 20M |
| Buyback Yield | 0.0% | 0.6% | 11.8% | 12.3% | 1.8% | N/A | 1.2% | 1.1% | 0.7% |
| Stock-Based Comp | 31M | 32M | 39M | 58M | 53M | 18M | 27M | 35M | 35M |
| Debt Repayment | 100M | 150M | 520M | 84M | 41M | 148M | 114M | 60M | 60M |
| Balance Sheet | |||||||||
| Net Debt | N/A | 239M | 676M | 625M | 593M | 512M | 375M | 291M | 276M |
| Cash & Equiv. | 114M | 75M | 170M | 80M | 115M | 55M | 79M | 73M | 116M |
| Long-Term Debt | N/A | 335M | 796M | 729M | 620M | 520M | 454M | 397M | 370M |
| Debt/Equity | N/A | 0.65 | 0.63 | 0.57 | 2.44 | 1.67 | 1.22 | 0.89 | 0.84 |
| Interest Coverage | 0.9 | -2.9 | 7.1 | 3.1 | 3.4 | 2.2 | 2.4 | 4.3 | 4.3 |
| Equity | N/A | 548M | 1.5B | 1.3B | 301M | 357M | 397M | 481M | 467M |
| Total Assets | 108M | 1.0B | 2.7B | 2.5B | 1.2B | 1.1B | 1.1B | 1.0B | 1.0B |
| Total Liabilities | N/A | 503M | 1.3B | 1.1B | 909M | 749M | 701M | 559M | 536M |
| Intangibles | N/A | 232M | 1.0B | 547M | 432M | 347M | 301M | 303M | 294M |
| Retained Earnings | N/A | 148M | 264M | 188M | -124M | -56M | 2.8M | 92M | 109M |
| Working Capital | N/A | 233M | 322M | 330M | 92M | 104M | 185M | 224M | 200M |
| Current Assets | N/A | 281M | 546M | 519M | 259M | 206M | 258M | 304M | 281M |
| Current Liabilities | N/A | 48M | 225M | 190M | 167M | 102M | 73M | 80M | 82M |
| Per Share Data | |||||||||
| EPS | -0.01 | -1.27 | 1.75 | -0.52 | -2.75 | 0.60 | 0.57 | 0.99 | 1.12 |
| Owner EPS | -0.38 | 0.63 | 3.70 | 0.47 | 1.08 | 0.35 | 1.00 | 0.58 | 0.94 |
| Book Value | N/A | 11.13 | 17.37 | 12.66 | 2.80 | 3.18 | 3.50 | 4.28 | 4.23 |
| Cash Flow/Share | 4.68 | 3.44 | 5.10 | 2.20 | 1.70 | 1.36 | 1.87 | 1.41 | 1.30 |
| Dividends/Share | 1.36 | 0.80 | 0.50 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 | 0.20 |
| Shares Out. | 28.9M | 49.2M | 83.9M | 106.6M | 107.6M | 112.3M | 113.4M | 112.2M | 110.3M |
| Valuation | |||||||||
| P/E Ratio | N/A | N/A | 4.6 | N/A | N/A | 20.3 | 23.9 | 17.1 | 23.2 |
| P/FCF | N/A | 2.1 | 1.6 | 3.7 | 5.6 | 9.2 | 7.3 | 12.2 | 18.2 |
| EV/EBIT | N/A | N/A | 7.4 | 12.4 | 10.2 | 14.2 | 15.0 | 12.6 | 16.8 |
| Price/Book | N/A | 1.3 | 0.5 | 0.6 | 3.1 | 3.8 | 3.9 | 4.0 | 6.1 |
| Price/Sales | N/A | 2.8 | 0.5 | 2.2 | 1.8 | 2.7 | 3.4 | 3.5 | 6.2 |
| FCF Yield | N/A | 22.8% | 61.6% | 27.0% | 18.0% | 10.9% | 13.7% | 8.2% | 5.5% |
| Market Cap | 0 | 703M | 682M | 817M | 948M | 1.4B | 1.5B | 1.9B | 2.9B |
| Avg. Price | 0.00 | 7.39 | 5.78 | 8.17 | 7.32 | 9.43 | 11.42 | 13.99 | 25.95 |
| Year-End Price | 0.00 | 6.71 | 8.13 | 7.66 | 8.81 | 12.16 | 13.60 | 16.94 | 25.95 |
Adeia Inc. passes 3 of 9 quality checks, indicating weak fundamentals.
Adeia Inc. trades at 26.2x trailing earnings, compared to its 15-year median P/E of 18.7x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 18.1x vs a median of 5.6x. The company's 5-year average ROIC is 11.9% with a gross margin of 78.6%. Total shareholder yield (dividends + buybacks) is 1.5%. At current prices, the estimated annualized return to fair value is -7.6%.
Adeia Inc. (ADEA) has a net profit margin of 25.1%. This is a strong margin indicating high profitability.
Adeia Inc. (ADEA) generated $156 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Adeia Inc. (ADEA) has a debt-to-equity ratio of 0.89. This indicates moderate leverage.
Adeia Inc. (ADEA) reported earnings per share (EPS) of $0.99 in its most recent fiscal year.
Adeia Inc. (ADEA) has a return on equity (ROE) of 25.3%. This indicates the company generates strong returns for shareholders.
Adeia Inc. (ADEA) has a 5-year average gross margin of 78.6%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 8 years of financial data for Adeia Inc. (ADEA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Adeia Inc. (ADEA) has a book value per share of $4.28, based on its most recent annual SEC filing.