RAMBUS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 55.26 USD | +0.11% |
|
-0.79% | -19.03% |
| May. 13 | Jefferies Adjusts Price Target on Rambus to $75 From $72, Assumes Buy Rating | MT |
| May. 08 | Rambus Insider Sold Shares Worth $643,086, According to a Recent SEC Filing | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,536 | 1,989 | 3,214 | 3,850 | 7,338 | 5,956 | - | - |
| Enterprise Value (EV) 1 | 1,582 | 2,009 | 2,921 | 3,735 | 6,912 | 5,956 | 6,225 | 5,956 |
| P/E ratio | -17 x | -44.8 x | 184 x | -276 x | 22.7 x | 37.7 x | 27.7 x | 22.6 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 6.86 x | 4.77 x | 7.1 x | 6.73 x | 13.1 x | 9.94 x | 8.41 x | 7.36 x |
| EV / Revenue | 6.86 x | 4.77 x | 7.1 x | 6.73 x | 13.1 x | 9.94 x | 8.41 x | 7.36 x |
| EV / EBITDA | 9.41 x | 9.03 x | 13.5 x | 13.3 x | 24.2 x | 20.3 x | 16.8 x | 14.5 x |
| EV / FCF | 13.5 x | 12.8 x | 16.4 x | 18.1 x | 42.5 x | 34.2 x | 27.2 x | 21.5 x |
| FCF Yield | 7.4% | 7.83% | 6.08% | 5.53% | 2.35% | 2.92% | 3.68% | 4.64% |
| Price to Book | 1.57 x | 2.18 x | 3.91 x | 5.03 x | 7.11 x | - | - | - |
| Nbr of stocks (in thousands) | 111,493 | 113,923 | 109,365 | 107,482 | 107,509 | 107,781 | - | - |
| Reference price 2 | 13.78 | 17.46 | 29.39 | 35.82 | 68.25 | 55.26 | 55.26 | 55.26 |
| Announcement Date | 1/27/20 | 2/1/21 | 2/7/22 | 2/6/23 | 2/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 224 | 416.8 | 453 | 571.7 | 558.6 | 599.2 | 708.6 | 809.5 |
| EBITDA 1 | 163.2 | 220.4 | 237.3 | 288.8 | 303 | 293.5 | 354.5 | 412 |
| EBIT 1 | 139.7 | 191.8 | 210.5 | 257.3 | 269.3 | 263 | 329.9 | 379.4 |
| Operating Margin | 62.36% | 46.02% | 46.47% | 45% | 48.21% | 43.9% | 46.55% | 46.87% |
| Earnings before Tax (EBT) | -87.02 | - | 23.29 | -7.825 | 187.2 | - | - | - |
| Net income 1 | -90.42 | -43.61 | 18.33 | -14.31 | 333.9 | 159.7 | 208.7 | 248.5 |
| Net margin | -40.36% | -10.46% | 4.05% | -2.5% | 59.78% | 26.65% | 29.46% | 30.7% |
| EPS 2 | -0.8100 | -0.3900 | 0.1600 | -0.1300 | 3.010 | 1.467 | 1.993 | 2.440 |
| Free Cash Flow 1 | 113.7 | 155.7 | 195.4 | 212.9 | 172.5 | 174 | 219 | 276.6 |
| FCF margin | 50.75% | 37.36% | 43.14% | 37.24% | 30.88% | 29.05% | 30.91% | 34.17% |
| FCF Conversion (EBITDA) | 69.66% | 70.66% | 82.35% | 73.73% | 56.93% | 59.3% | 61.78% | 67.14% |
| FCF Conversion (Net income) | - | - | 1,065.92% | - | 51.66% | 109.01% | 104.92% | 111.31% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 1/27/20 | 2/1/21 | 2/7/22 | 2/6/23 | 2/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 125.5 | 132.7 | 139.2 | 144.5 | 155.3 | 149 | 139.3 | 134.3 | 136 | 133.6 | 139 | 153.3 | 166.4 | 169 | 175.5 |
| EBITDA | 67.29 | 68.68 | 74.73 | 78.81 | 78.25 | 75.52 | 73.36 | 93.21 | 71.18 | 70.37 | - | - | - | - | - |
| EBIT 1 | 60.1 | 57.85 | 63.08 | 66.48 | 69.84 | 62.7 | 63.56 | 81.94 | 64.1 | 59.4 | 59.5 | 68.99 | 77.78 | 76.4 | 80.13 |
| Operating Margin | 47.89% | 43.59% | 45.32% | 46.01% | 44.97% | 42.08% | 45.63% | 61.01% | 47.13% | 44.46% | 42.81% | 45.01% | 46.75% | 45.21% | 45.65% |
| Earnings before Tax (EBT) | 7.856 | -65.7 | 37.95 | 3.44 | 16.49 | 3.482 | 13.56 | - | - | - | - | - | - | - | - |
| Net income 1 | 6.105 | -66.22 | 35.02 | 0.939 | 15.95 | 3.281 | 168.9 | 103.2 | 58.54 | 32.9 | 34.2 | 42.4 | 50.13 | 47.93 | 50.97 |
| Net margin | 4.86% | -49.9% | 25.16% | 0.65% | 10.27% | 2.2% | 121.23% | 76.84% | 43.05% | 24.62% | 24.6% | 27.66% | 30.13% | 28.36% | 29.04% |
| EPS 2 | 0.0500 | -0.6000 | 0.3100 | 0.0100 | 0.1400 | 0.0300 | 1.510 | 0.9500 | 0.5300 | 0.3000 | 0.3167 | 0.3867 | 0.4633 | 0.4433 | 0.4733 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/7/22 | 5/2/22 | 8/1/22 | 10/31/22 | 2/6/23 | 5/1/23 | 7/31/23 | 10/30/23 | 2/5/24 | 4/29/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | 46.6 | 19.9 | - | - | - | - | 269 | - |
| Net Cash position | - | - | 293 | 115 | 426 | - | - | - |
| Leverage (Debt/EBITDA) | 0.2856 x | 0.0902 x | - | - | - | - | 0.7588 x | - |
| Free Cash Flow 1 | 114 | 156 | 195 | 213 | 172 | 174 | 219 | 277 |
| ROE (net income / shareholders' equity) | -9.12% | -4.65% | 2.07% | -1.74% | 36.7% | - | - | - |
| ROA (Net income/ Total Assets) | -6.7% | -3.38% | 1.48% | -1.27% | 29.4% | - | - | - |
| Assets 1 | 1,350 | 1,291 | 1,242 | 1,123 | 1,134 | - | - | - |
| Book Value Per Share | 8.750 | 7.990 | 7.510 | 7.120 | 9.600 | - | - | - |
| Cash Flow per Share | 1.160 | 1.640 | 1.820 | 2.100 | 1.770 | - | - | - |
| Capex 1 | 6.47 | 29.7 | 13.8 | 17.5 | 23.2 | 21 | 21 | 21 |
| Capex / Sales | 2.89% | 7.13% | 3.04% | 3.06% | 4.16% | 3.5% | 2.96% | 2.59% |
| Announcement Date | 1/27/20 | 2/1/21 | 2/7/22 | 2/6/23 | 2/5/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
55.26
USD
Average target price
76.2
USD
Spread / Average Target
+37.89%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -19.03% | 5.96B | |
| -9.80% | 8.27B | |
| -5.71% | 4.95B | |
| +14.42% | 3.75B | |
| +45.78% | 1.55B | |
| +15.92% | 1.18B | |
| +1.77% | 1.12B | |
| -2.15% | 1.05B | |
| +8.72% | 1.08B | |
| -35.58% | 703M |
- Stock Market
- Equities
- RMBS Stock
- Financials Rambus Inc.
