Company Valuation: CEVA, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 993.4 593.1 535.1 745.4 581.4 909.6 - -
Change - -40.29% -9.79% 39.31% -22% 56.45% - -
Enterprise Value (EV) 1 993.4 453.7 535.1 581.8 581.4 685.4 664 634.2
Change - -54.33% 17.95% 8.73% -0.06% 17.88% -3.11% -4.5%
P/E 2,162x -25.6x -44.5x -85.3x -48.9x -129x 862x 153x
PBR 3.59x 2.29x 2.01x 2.82x - 2.67x 2.55x 2.31x
PEG - 0x 0.9x 3.1x -2.6x 3x -7x 0x
Capitalization / Revenue 8.1x 4.41x 5.49x 6.97x 5.31x 7.4x 6.49x 5.78x
EV / Revenue 8.1x 3.37x 5.49x 5.44x 5.31x 5.57x 4.74x 4.03x
EV / EBITDA 94.7x 211x -62.3x 40.7x 41.2x 38.4x 23.8x 17x
EV / EBIT 43.7x 20.4x 147x 57.3x 59x 45.1x 26.5x 18.8x
EV / FCF - - - -2,455x -92.6x 51.3x 33.9x 24.5x
FCF Yield - - - -0.04% -1.08% 1.95% 2.95% 4.08%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.02 -1 -0.51 -0.37 -0.44 -0.2524 0.0379 0.2134
Distribution rate - - - - - - - -
Net sales 1 122.7 134.6 97.42 106.9 109.6 123 140.1 157.4
EBITDA 1 10.49 2.152 -8.584 14.29 14.13 17.84 27.9 37.35
EBIT 1 22.73 22.26 3.645 10.15 9.86 15.2 25.07 33.69
Net income 1 0.396 -23.18 -11.88 -8.786 -10.64 -7.112 2.192 6.499
Net Debt 1 - -139.5 - -163.6 - -224.2 -245.6 -275.4
Reference price 2 43.24 25.58 22.71 31.55 21.52 32.65 32.65 32.65
Nbr of stocks (in thousands) 22,974 23,188 23,561 23,627 27,018 27,859 - -
Announcement Date 2/15/22 2/15/23 2/14/24 2/13/25 2/17/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
-126.17x5.59x39.42x - 910M
21.23x11.94x17.68x0.38% 4,862B
22.7x11.12x15.1x1.11% 1,947B
43.23x17.7x26.05x0.67% 1,852B
11.34x6.83x8.26x0.06% 930B
4.97x3.02x3.62x0.23% 871B
88.32x15.33x56.67x-.--% 776B
-39.08x7.56x21.11x-.--% 455B
189.35x41.55x84.15x-.--% 256B
32.44x11.76x21.82x2.08% 252B
Average 24.83x 13.24x 29.39x 0.5% 1,220B
Weighted average by Cap. 28.66x 12.33x 20.91x 0.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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