Impinj, Inc. (PI) Valuation — DCF, Graham & Comparables

Impinj, Inc. (PI) — Price $180.01 (intraday price, October 30, 2026) — Technology — Semiconductors — NASDAQ

Latest reported results:

Valuation dashboard for Impinj, Inc. (PI) with P/E N/A, P/B 18.23, EV/EBITDA 673.4 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Impinj, Inc., established in 2000 and headquartered in Seattle, Washington, provides a sophisticated cloud connectivity platform across the Americas, Asia Pacific, Europe, the Middle East, and Africa. This comprehensive platform facilitates the wireless linking of individual physical items, subsequently transmitting vital data about these connected objects to a diverse range of business and consumer software applications.

Analysis Summary

Impinj, Inc. reported revenue of $361.1M in the most recent fiscal year, growing at a 5-year CAGR of 21.0%.

Trailing-twelve-month margins: gross margin 53.3%, operating margin -0.7%, net margin -2.5%.

At $180.01 (intraday price, October 30, 2026), PI has negative trailing earnings (P/E not meaningful) and an ROE of -4.01%. Market capitalisation stands at $5.5B.

Balance sheet quality for PI: debt-to-equity ratio of 0.70, current ratio of 9.42 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book18.23
EV / EBITDA673.4
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
PIImpinj, Inc.$5.5B18.23-4.0%
ZBRAZebra Technologies Corporation$17.1B33.985.3015.1%
DGIIDigi International Inc.$2.8B57.734.017.4%
UIUbiquiti Inc.$34.1B35.5723.6985.6%
NVDANVIDIA Corporation$4.9T25.8721.62110.1%
TSMTaiwan Semiconductor Manufacturing Company Limited$2.1T24.128.7841.2%
0YXG.LBroadcom Inc.$1.6T39.9115.3843.9%
AVGOBroadcom Inc.$1.6T41.6415.5943.9%

Price

Price$180.01 (intraday price, October 30, 2026)
Market Cap$5.5B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity-4.01%
Return on Invested Capital-0.54%
Return on Assets-1.73%
Gross Margin53.32%
Operating Margin-0.71%
Net Margin-2.45%

Related companies: ZBRA · DGII · UI · NVDA · TSM · 0YXG.L · AVGO · SKHY

Explore sector: Technology · Semiconductors

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