Adeia Inc.

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $188.57M TTM free cash flow base; 8% annual FCF growth for years 1-5, 4% for years 6-10; 10% discount rate; 3% terminal growth; approximately $258.18M net debt; 112.5M shares outstanding (derived from TTM net income of $122.68M and EPS of $1.09).

Reasoning: Adeia is a patent-licensing company with high-margin, contractually recurring royalty revenue but renewal-cycle lumpiness, so FCF growth was set below its 24% TTM figure to reflect a more normalized, sustainable licensing-renewal cadence.