Is Adeia, Inc. overvalued or undervalued?

As of 17 October 2025, Adeia, Inc. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued based on its current metrics. Key valuation ratios include a P/E ratio of 17, an EV to EBITDA of 8.99, and a PEG ratio of 0.17, indicating potential growth at a reasonable price relative to earnings.
In comparison to peers, Adeia, Inc. has a P/E ratio of 17.77, while ODDITY Tech Ltd., which is rated very attractive, has a significantly higher P/E of 32.28. Meanwhile, Compass, Inc. and Cellebrite DI Ltd. are both rated risky with negative P/E ratios, highlighting the relative stability of Adeia, Inc. Despite its fair valuation, Adeia has outperformed the S&P 500 in various timeframes, with a 1-year return of 32.80% compared to the S&P 500's 14.08%, suggesting that the market may still recognize its potential.