InterDigital, Inc. operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming. It designs and develops a range of innovations for use in digital cellular and wireless products and networks, including 2G, 3G, 4G, 5G, and IEEE 802-related products and networks. The company also develops cellular technologies, such as technologies related to CDMA, TDMA, OFDM/OFDMA, and MIMO for use in 2G, 3G, 4G, and 5G wireless networks, as well as mobile terminal devices; and 3GPP technology portfolio in 5G, 5G, advanced and 6G, as well as technologies for automobiles, wearables, smart homes, drones, and other connected consumer electronic products. In addition, it provides video coding and transmission technologies; and engages in the research and development of artificial intelligence and machine learning solutions. Further, the company’s patented technologies are used in various products that include smartphones, tablets, consumer electronics, and base stations; televisions, laptops, gaming consoles, set-top boxes, streaming devices, and connected automobiles. InterDigital, Inc. was incorporated in 1972 and is headquartered in Wilmington, Delaware.
Metrics to compare | IDCC | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipIDCCPeersSector | |
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P/E Ratio | 14.0x | 215.6x | 11.4x | |
PEG Ratio | 0.23 | 1.99 | 0.01 | |
Price/Book | 5.6x | 9.0x | 2.4x | |
Price / LTM Sales | 5.3x | 7.4x | 2.1x | |
Upside (Analyst Target) | −6.6% | 47.8% | 22.9% | |
Fair Value Upside | Unlock | 13.2% | 5.7% | Unlock |