Company Valuation: CEVA, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 993.4 593.1 535.1 745.4 581.4 761.6 - -
Change - -40.29% -9.79% 39.31% -22% 30.98% - -
Enterprise Value (EV) 1 993.4 453.7 535.1 581.8 581.4 531.8 509.4 478.7
Change - -54.33% 17.95% 8.73% -0.06% -8.53% -4.22% -6.03%
P/E 2,162x -25.6x -44.5x -85.3x -48.9x -128x 466x 75.1x
PBR 3.59x 2.29x 2.01x 2.82x - 2.23x 2.11x 1.93x
PEG - 0x 0.9x 3.1x -2.6x 2.5x -4x 0x
Capitalization / Revenue 8.1x 4.41x 5.49x 6.97x 5.31x 6.09x 5.39x 4.78x
EV / Revenue 8.1x 3.37x 5.49x 5.44x 5.31x 4.26x 3.61x 3.01x
EV / EBITDA 94.7x 211x -62.3x 40.7x 41.2x 26.5x 17.8x 12.2x
EV / EBIT 43.7x 20.4x 147x 57.3x 59x 31.4x 20.5x 13.3x
EV / FCF - - - -2,455x -92.6x 37.7x 24.3x 16.4x
FCF Yield - - - -0.04% -1.08% 2.65% 4.11% 6.09%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.02 -1 -0.51 -0.37 -0.44 -0.2113 0.0581 0.3604
Distribution rate - - - - - - - -
Net sales 1 122.7 134.6 97.42 106.9 109.6 125 141.2 159.3
EBITDA 1 10.49 2.152 -8.584 14.29 14.13 20.1 28.55 39.22
EBIT 1 22.73 22.26 3.645 10.15 9.86 16.93 24.91 36
Net income 1 0.396 -23.18 -11.88 -8.786 -10.64 -6.007 1.735 10.45
Net Debt 1 - -139.5 - -163.6 - -229.7 -252.2 -282.9
Reference price 2 43.24 25.58 22.71 31.55 21.52 27.05 27.05 27.05
Nbr of stocks (in thousands) 22,974 23,188 23,561 23,627 27,018 28,154 - -
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.($)
-128.02x4.26x26.46x - 762M
22.14x12.59x19.07x0.34% 5,331B
22.4x10.99x14.89x1.13% 1,967B
41.02x16.85x24.79x0.71% 1,762B
13.19x8.01x9.68x0.06% 1,083B
4.79x2.98x3.58x0.22% 891B
82.16x14.88x55.92x-.--% 768B
-38.8x7.83x21.77x-.--% 470B
192.49x41.98x85.59x-.--% 258B
Average 23.48x 13.37x 29.08x 0.31% 1,392B
Weighted average by Cap. 27.72x 12.43x 21.04x 0.44%

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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  4. Valuation CEVA, Inc.