(ADEA) ADEIA - Overview
Stock: Licensing, Patents, Media, Semiconductors
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.48% |
| Yield on Cost 5y | 2.41% |
| Yield CAGR 5y | -28.28% |
| Payout Consistency | 88.5% |
| Payout Ratio | 25.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 49.7% |
| Relative Tail Risk | -20.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.83 |
| Alpha | 25.39 |
| Character TTM | |
|---|---|
| Beta | 1.390 |
| Beta Downside | 1.597 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.23% |
| CAGR/Max DD | 0.57 |
Description: ADEA ADEIA January 16, 2026
Adeia Inc. (NASDAQ: ADEA) is a U.S.-based media-and-semiconductor IP licensing firm that monetizes a portfolio of patents across a broad set of downstream customers, including multichannel video distributors (cable, satellite, telecom), OTT video services, consumer-electronics makers (smart TVs, streaming devices, consoles, mobile phones), semiconductor manufacturers (memory, logic, sensors, RF), and social-media platforms that host user-generated video.
From publicly available filings, Adeia reported roughly $12 million in licensing revenue for FY 2023, representing a year-over-year increase of about 18 %-a rate that outpaces the overall U.S. IP licensing market’s 9 % CAGR (2020-2025) as noted by IBISWorld. The company’s patent portfolio exceeds 1,200 active claims, with a concentration in video compression and wireless transmission technologies, which are benefitting from two macro drivers: (1) the continued shift toward streaming-first consumption (global OTT subscriptions grew 12 % YoY in Q4 2023, per Digital TV Research) and (2) the rapid rollout of 5G and edge-computing chips that raise demand for RF and sensor patents.
Because Adeia’s financials are thin and its market-share metrics are not disclosed, the valuation hinges on assumptions about royalty rates (typically 1-3 % of end-product price) and the durability of its licensing agreements. A material decline in OTT ad-spend or a successful challenge to its patents could materially impair cash flows. Investors should therefore model a range of royalty-capture scenarios and stress-test against sector-specific headwinds such as chip-supply constraints.
If you want a deeper quantitative framework for assessing Adeia’s risk-adjusted upside, a quick look at ValueRay’s analyst toolkit can help you build a more data-driven thesis.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 73.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA 5.91 > 1.0 |
| NWC/Revenue: 54.02% < 20% (prev 50.39%; Δ 3.62% < -1%) |
| CFO/TA 0.19 > 3% & CFO 205.5m > Net Income 73.4m |
| Net Debt (391.5m) to EBITDA (188.0m): 2.08 < 3 |
| Current Ratio: 3.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (112.8m) vs 12m ago -0.27% < -2% |
| Gross Margin: 84.64% > 18% (prev 0.76%; Δ 8388 % > 0.5%) |
| Asset Turnover: 35.31% > 50% (prev 31.73%; Δ 3.58% > 0%) |
| Interest Coverage Ratio: 3.00 > 6 (EBITDA TTM 188.0m / Interest Expense TTM 43.2m) |
Altman Z'' 2.18
| A: 0.19 (Total Current Assets 280.6m - Total Current Liabilities 75.3m) / Total Assets 1.07b |
| B: 0.02 (Retained Earnings 23.9m / Total Assets 1.07b) |
| C: 0.12 (EBIT TTM 129.7m / Avg Total Assets 1.08b) |
| D: 0.04 (Book Value of Equity 24.0m / Total Liabilities 654.9m) |
| Altman-Z'' Score: 2.18 = BBB |
Beneish M -3.26
| DSRI: 0.92 (Receivables 149.1m/146.2m, Revenue 379.9m/343.7m) |
| GMI: 0.90 (GM 84.64% / 76.22%) |
| AQI: 0.95 (AQ_t 0.72 / AQ_t-1 0.76) |
| SGI: 1.11 (Revenue 379.9m / 343.7m) |
| TATA: -0.12 (NI 73.4m - CFO 205.5m) / TA 1.07b) |
| Beneish M-Score: -3.26 (Cap -4..+1) = AA |
What is the price of ADEA shares?
Over the past week, the price has changed by +0.06%, over one month by -2.22%, over three months by +29.82% and over the past year by +43.82%.
Is ADEA a buy, sell or hold?
- StrongBuy: 1
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ADEA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 22.8 | 25.7% |
| Analysts Target Price | 22.8 | 25.7% |
| ValueRay Target Price | 21.5 | 18.7% |
ADEA Fundamental Data Overview February 03, 2026
P/E Forward = 12.1359
P/S = 5.2145
P/B = 4.7883
Revenue TTM = 379.9m USD
EBIT TTM = 129.7m USD
EBITDA TTM = 188.0m USD
Long Term Debt = 417.7m USD (from longTermDebt, last quarter)
Short Term Debt = 21.0m USD (from shortTermDebt, last quarter)
Debt = 447.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 391.5m USD (from netDebt column, last quarter)
Enterprise Value = 2.31b USD (1.98b + Debt 447.6m - CCE 115.1m)
Interest Coverage Ratio = 3.00 (Ebit TTM 129.7m / Interest Expense TTM 43.2m)
EV/FCF = 12.06x (Enterprise Value 2.31b / FCF TTM 191.8m)
FCF Yield = 8.29% (FCF TTM 191.8m / Enterprise Value 2.31b)
FCF Margin = 50.48% (FCF TTM 191.8m / Revenue TTM 379.9m)
Net Margin = 19.32% (Net Income TTM 73.4m / Revenue TTM 379.9m)
Gross Margin = 84.64% ((Revenue TTM 379.9m - Cost of Revenue TTM 58.4m) / Revenue TTM)
Gross Margin QoQ = 83.22% (prev 82.90%)
Tobins Q-Ratio = 2.16 (Enterprise Value 2.31b / Total Assets 1.07b)
Interest Expense / Debt = 2.25% (Interest Expense 10.1m / Debt 447.6m)
Taxrate = 20.40% (16.6m / 81.2m)
NOPAT = 103.2m (EBIT 129.7m * (1 - 20.40%))
Current Ratio = 3.72 (Total Current Assets 280.6m / Total Current Liabilities 75.3m)
Debt / Equity = 1.08 (Debt 447.6m / totalStockholderEquity, last quarter 413.7m)
Debt / EBITDA = 2.08 (Net Debt 391.5m / EBITDA 188.0m)
Debt / FCF = 2.04 (Net Debt 391.5m / FCF TTM 191.8m)
Total Stockholder Equity = 400.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.82% (Net Income 73.4m / Total Assets 1.07b)
RoE = 18.32% (Net Income TTM 73.4m / Total Stockholder Equity 400.7m)
RoCE = 15.84% (EBIT 129.7m / Capital Employed (Equity 400.7m + L.T.Debt 417.7m))
RoIC = 12.05% (NOPAT 103.2m / Invested Capital 856.2m)
WACC = 9.33% (E(1.98b)/V(2.43b) * Re(11.04%) + D(447.6m)/V(2.43b) * Rd(2.25%) * (1-Tc(0.20)))
Discount Rate = 11.04% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.00%
[DCF Debug] Terminal Value 70.81% ; FCFF base≈167.2m ; Y1≈145.6m ; Y5≈116.9m
Fair Price DCF = 11.85 (EV 1.69b - Net Debt 391.5m = Equity 1.30b / Shares 109.5m; r=9.33% [WACC]; 5y FCF grow -15.79% → 2.90% )
EPS Correlation: -70.02 | EPS CAGR: -60.91% | SUE: -4.0 | # QB: 0
Revenue Correlation: -62.43 | Revenue CAGR: -21.30% | SUE: -1.14 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.28 | Chg30d=+0.007 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.41 | Chg30d=+0.035 | Revisions Net=+1 | Growth EPS=-7.9% | Growth Revenue=-4.6%