Company Valuation: MaxLinear, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,785 2,667 1,939 1,669 1,523 5,223 - -
Change - -53.89% -27.32% -13.93% -8.74% 242.96% - -
Enterprise Value (EV) 1 5,961 2,602 1,874 1,673 1,557 5,252 5,085 4,887
Change - -56.35% -27.98% -10.71% -6.91% 237.22% -3.18% -3.89%
P/E 142x 21.9x -26.1x -6.75x -11x -551x 48.8x 40.1x
PBR 11.8x 4.06x 2.8x 3.2x 3.33x 9.74x 7.7x 6.48x
PEG - 0x 0x -0x 0.2x 5.9x -0x 1.8x
Capitalization / Revenue 6.48x 2.38x 2.8x 4.63x 3.26x 7.08x 5.48x 4.69x
EV / Revenue 6.68x 2.32x 2.7x 4.64x 3.33x 7.12x 5.33x 4.38x
EV / EBITDA 22.3x 6.46x 13.3x -45.9x 22.9x 26x 16.6x 12.7x
EV / EBIT 24.7x 7.04x 17.4x -24.4x 35.8x 28.3x 17.6x 13x
EV / FCF 46.2x 7.49x 62.6x -26.6x 222x 141x 19.2x 14.8x
FCF Yield 2.17% 13.4% 1.6% -3.76% 0.45% 0.71% 5.2% 6.74%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.53 1.55 -0.91 -2.93 -1.58 -0.1044 1.18 1.438
Distribution rate - - - - - - - -
Net sales 1 892.4 1,120 693.3 360.5 467.6 738 953.7 1,115
EBITDA 1 267.7 402.8 141 -36.48 68.09 201.8 306.3 385.6
EBIT 1 241.8 369.8 107.5 -68.46 43.5 185.5 289.7 376.9
Net income 1 41.97 125 -73.15 -245.2 -136.7 -6.767 119.3 167.1
Net Debt 1 175.6 -65.6 -64.91 4.421 34.52 29 -137.8 -335.7
Reference price 2 75.39 33.95 23.77 19.78 17.43 57.59 57.59 57.59
Nbr of stocks (in thousands) 76,735 78,566 81,561 84,362 87,373 90,693 - -
Announcement Date 2/2/22 2/1/23 1/31/24 1/29/25 1/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.81x12.4x18.77x0.35% 5,251B
22.72x11.15x15.11x1.11% 1,997B
40.94x16.82x24.75x0.71% 1,759B
12.85x7.79x9.41x0.06% 1,054B
4.84x3.02x3.63x0.22% 899B
80.22x14.52x54.58x-.--% 750B
-38.57x7.78x21.64x-.--% 467B
186.85x40.73x83.04x-.--% 251B
Average 41.46x 14.28x 28.87x 0.3% 1,554B
Weighted average by Cap. 27.26x 12.28x 20.71x 0.45%

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