InterDigital, Inc. (IDCC) — Fundamental Analysis & Key Financial Ratios

Kaplio overview: InterDigital, Inc.

Market cap $8B · 52 weeks $251 – $397 (20 % below the high) · P/E under review · 2027 est. P/E 38.9× · Dividend 0.90 % · 5 years rising · Next earnings February 4, 2027 · expected EPS $1.88 · Closing price, Nov 2 · accounts published Oct 29.

• Valuation: P/E — (verdict under review).
• Business: ROIC 18 % (solid).
• Balance sheet: Net cash/EBITDA 0.4× (solid).
• Earnings: 7 of 8 (on track).

What would it be worth at its usual multiples?

Verdict under review: we are checking its data because the P/E we calculate differs from the one the data provider reports, and the verdict will return once they match.

What matters in technology: 7 of 8 pass

• EV/EBITDA vs own 5y 16.4×, fails.
• 3y revenue growth 28.6 %, passes.
• Rule of 40 (SaaS only) 92, passes.
• Gross margin 80.3 %, passes.
• FCF / Revenue 63.4 %, passes.
• ROIC 17.8 %, passes.
• SBC / Revenue 5.2 %, passes.
• Net debt / EBITDA −0.4×, passes.

Against its peers (reference peers) — InterDigital, Inc.: P/E —; EV/EBITDA 16.4×; ROIC 17.8 %; $8.1B. Qorvo, Inc. (P/E 26.5×; EV/EBITDA 13.2×; ROIC 7.8 %; $10.1B), Semtech Corporation (P/E 81.2×; EV/EBITDA 88.8×; ROIC 11.0 %; $11.4B), MACOM Technology Solutions Holdings, Inc. (P/E 71.4×; EV/EBITDA 48.3×; ROIC 8.9 %; $17.0B).

Expensive or cheap against its last 9 years?

P/E at each close: today 34.8× · median 27.3× · minimum 12.0× · maximum 57.3× · cheap below 22.8× · expensive above 36.1×. Earnings over the last 12 months are distorted: today's P/E compared with its history is not representative.

Dividend

solid · Yield 0.90 % ($2.35 per share in 2025) · Years raising it 5 · 5-year growth +11 % a year · Free cash flow coverage 6.8× · With $1,000 invested today you'd collect $9.00 a year ($0.75 a month).