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 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.
In comparison with peers, Adeia's P/E ratio of 17.77 is notably lower than ODDITY Tech Ltd.'s P/E of 32.28, which is classified as very attractive, while Compass, Inc. shows a risky valuation with a negative P/E. Despite Adeia's fair valuation, it has outperformed the S&P 500 over the past year with a return of 32.80% compared to the index's 14.08%, suggesting it may still hold value in the market.