Financials Rambus Inc.

Equities

RMBS

US7509171069

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
59.23 USD +1.91% Intraday chart for Rambus Inc. +8.32% -13.22%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,536 1,989 3,214 3,850 7,338 6,390 - -
Enterprise Value (EV) 1 1,582 2,009 2,921 3,735 6,912 5,958 5,657 5,321
P/E ratio -17 x -44.8 x 184 x -276 x 22.7 x 32.6 x 27.4 x 24 x
Yield - - - - - - - -
Capitalization / Revenue 6.86 x 4.77 x 7.1 x 6.73 x 13.1 x 10.5 x 8.67 x 7.65 x
EV / Revenue 7.06 x 4.82 x 6.45 x 6.53 x 12.4 x 9.8 x 7.68 x 6.37 x
EV / EBITDA 9.7 x 9.12 x 12.3 x 12.9 x 22.8 x 20.3 x 14.9 x 13.4 x
EV / FCF 13.9 x 12.9 x 14.9 x 17.5 x 40.1 x 31.3 x 24.9 x 18.7 x
FCF Yield 7.19% 7.75% 6.69% 5.7% 2.5% 3.2% 4.02% 5.34%
Price to Book 1.57 x 2.18 x 3.91 x 5.03 x 7.11 x 5.69 x 4.67 x -
Nbr of stocks (in thousands) 111,493 113,923 109,365 107,482 107,509 107,888 - -
Reference price 2 13.78 17.46 29.39 35.82 68.25 59.23 59.23 59.23
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 1 224 416.8 453 571.7 558.6 608.1 737 835.4
EBITDA 1 163.2 220.4 237.3 288.8 303 294 379.7 397
EBIT 1 139.7 191.8 210.5 257.3 269.3 273.5 346 363.2
Operating Margin 62.36% 46.02% 46.47% 45% 48.21% 44.98% 46.95% 43.48%
Earnings before Tax (EBT) 1 -87.02 - 23.29 -7.825 187.2 163 213 -
Net income 1 -90.42 -43.61 18.33 -14.31 333.9 198.7 237.7 267
Net margin -40.36% -10.46% 4.05% -2.5% 59.78% 32.68% 32.25% 31.95%
EPS 2 -0.8100 -0.3900 0.1600 -0.1300 3.010 1.817 2.160 2.470
Free Cash Flow 1 113.7 155.7 195.4 212.9 172.5 190.5 227.2 284
FCF margin 50.75% 37.36% 43.14% 37.24% 30.88% 31.33% 30.83% 34%
FCF Conversion (EBITDA) 69.66% 70.66% 82.35% 73.73% 56.93% 64.8% 59.84% 71.55%
FCF Conversion (Net income) - - 1,065.92% - 51.66% 95.87% 95.59% 106.41%
Dividend per Share 2 - - - - - - - -
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 Q3 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
Net sales 1 114.3 125.5 132.7 139.2 144.5 155.3 149 139.3 134.3 136 135.1 140.9 157.4 171.4 172.8
EBITDA 1 58.37 67.29 68.68 74.73 78.81 78.25 75.52 73.36 93.21 71.18 73.29 77.45 83.66 94.56 99.2
EBIT 1 51.5 60.1 57.85 63.08 66.48 69.84 62.7 63.56 81.94 64.1 59.28 62.4 74.75 82.82 82.31
Operating Margin 45.06% 47.89% 43.59% 45.32% 46.01% 44.97% 42.08% 45.63% 61.01% 47.13% 43.89% 44.28% 47.48% 48.31% 47.63%
Earnings before Tax (EBT) 4.749 7.856 -65.7 37.95 3.44 16.49 3.482 13.56 - - - - - - -
Net income 1 3.676 6.105 -66.22 35.02 0.939 15.95 3.281 168.9 103.2 58.54 41.95 42.9 55.9 62.25 55.62
Net margin 3.22% 4.86% -49.9% 25.16% 0.65% 10.27% 2.2% 121.23% 76.84% 43.05% 31.05% 30.44% 35.51% 36.31% 32.18%
EPS 2 0.0300 0.0500 -0.6000 0.3100 0.0100 0.1400 0.0300 1.510 0.9500 0.5300 0.3800 0.3900 0.5050 0.5650 0.5032
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/1/21 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 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 46.6 19.9 - - - - - -
Net Cash position 1 - - 293 115 426 432 733 1,069
Leverage (Debt/EBITDA) 0.2856 x 0.0902 x - - - - - -
Free Cash Flow 1 114 156 195 213 172 191 227 284
ROE (net income / shareholders' equity) -9.12% -4.65% 2.07% -1.74% 36.7% 14.1% 18.2% -
ROA (Net income/ Total Assets) -6.7% -3.38% 1.48% -1.27% 29.4% 11.6% 15.3% -
Assets 1 1,350 1,291 1,242 1,123 1,134 1,715 1,550 -
Book Value Per Share 2 8.750 7.990 7.510 7.120 9.600 10.40 12.70 -
Cash Flow per Share 2 1.160 1.640 1.820 2.100 1.770 2.200 2.840 -
Capex 1 6.47 29.7 13.8 17.5 23.2 23.5 34.2 23.5
Capex / Sales 2.89% 7.13% 3.04% 3.06% 4.16% 3.86% 4.64% 2.81%
Announcement Date 1/27/20 2/1/21 2/7/22 2/6/23 2/5/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
59.23 USD
Average target price
77.93 USD
Spread / Average Target
+31.58%
Consensus
  1. Stock Market
  2. Equities
  3. RMBS Stock
  4. Financials Rambus Inc.