Company Valuation: Rambus Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,214 3,850 7,338 5,634 9,892 9,896 - -
Change - 19.78% 90.58% -23.22% 75.59% 0.04% - -
Enterprise Value (EV) 2,921 3,735 6,912 5,634 9,892 9,896 9,896 9,896
Change - 27.85% 85.05% -18.49% 75.59% 0.04% 0% 0%
P/E 184x -276x 22.7x 32x 43.5x 36.5x 28.5x 20.5x
PBR 3.91x 5.03x 7.11x - 7.24x 5.82x 4.78x -
PEG - 2x -0x -0.7x 1.6x 2x 1x 0.5x
Capitalization / Revenue 7.1x 6.73x 13.1x 9.64x 14x 12x 10x 8.77x
EV / Revenue 0x 0x 0x 0x 0x 12x 10x 8.77x
EV / EBITDA 0x 0x 0x 0x 0x 24.6x 20.9x 17.7x
EV / EBIT 0x 0x 0x 0x 0x 26.8x 22x 16.7x
EV / FCF 0x 0x 0x 0x 0x 37.7x 27.3x 21.6x
FCF Yield 6.08% 5.53% 2.35% 3.55% 3.37% 2.65% 3.66% 4.63%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.16 -0.13 3.01 1.65 2.11 2.502 3.205 4.46
Distribution rate - - - - - - - -
Net sales 1 453 571.7 558.6 584.1 705.6 825 987.8 1,129
EBITDA 1 237.3 288.8 303 294.2 354.5 401.8 474.4 560.4
EBIT 1 210.5 257.3 269.3 263.2 319.4 369.8 450.6 593.5
Net income 1 18.33 -14.31 333.9 179.8 230.5 276.5 351.8 509.1
Net Debt -292.8 -115 -425.8 - - - - -
Reference price 2 29.39 35.82 68.25 52.86 91.89 91.24 91.24 91.24
Nbr of stocks (in thousands) 109,365 107,482 107,509 106,575 107,650 108,462 - -
Announcement Date 2/7/22 A 2/6/23 A 2/5/24 A 2/3/25 A 2/2/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.6x9.74x28.51x0.81% 42.81B
65.41x30.32x64.83x0.46% 36.46B
8.96x3.05x6.56x1.05% 24.33B
5.11x1.38x3.74x6.02% 14.41B
32.42x - - - 9.96B
36.47x - - - 9.9B
3.5x - - - 4.23B
29.56x1.73x12.25x - 2.7B
Average 25.13x 9.24x 23.18x 2.08% 18.1B
Weighted average by Cap. 29.66x 13.43x 31.74x 1.39%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA