CEVA vs ADI vs ADEA Stock Comparison

Ceva, Analog Devices and Adeia Prices as of Oct 28, 2026 Peers: Industry group
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CEVA Ceva Inc
$32.37 -6.7% 1M +14.3% 1Y
Market cap
$901.75M
P/E
–
Revenue (TTM)
—
Div. yield
–
Semiconductor EDA Software Technology
ADI Analog Devices Inc
$428.27 +8.3% 1M +78.9% 1Y
Market cap
$209.38B
P/E
50.6x
Revenue (TTM)
$13.88B
Div. yield
0.01%
Semiconductor Manufacturing Technology
5 wins
ADEA Adeia Inc.
$22.75 -8.7% 1M +28.3% 1Y
Market cap
$2.49B
P/E
20.3x
Revenue (TTM)
$470.87M
Div. yield
–
Semiconductor EDA Software Technology
6 wins

Head to Head

11 decided of 12

Adeia leads on 6 of the 12 questions below (Adeia 6, Analog Devices 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCEVAADIADEALeader
Larger companyMarket capitalisation $901.75M $209.38B $2.49B ADI
Cheaper on earningsLower P/E, profitable companies only -82.2x 50.6x 20.3x ADEA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 62.2x 34.7x 16.9x ADEA
Faster revenue growthRevenue growth, trailing twelve months — +33.6% +24.3% ADI
More profitableNet margin, trailing twelve months — 29.8% 26.1% ADI
Better return on capitalReturn on invested capital — 10.2% 16.8% ADEA
Less leveragedLower net debt / EBITDA — 1.0x 0.7x ADEA
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +14.3% +78.9% +28.3% ADI
Better 5-year returnAnnualised price return, 5 years -6.6%/yr +19.8%/yr +24.0%/yr ADEA
Less volatileAnnualised volatility, 1 year 74.8% 36.6% 67.0% ADI
Higher overall scoreMean of the five percentile scores vs peers 45/100 63/100 70/100 ADEA

Percentile Scorecard

CEVAADIADEA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCEVAADIADEA
Valuation 32 #64 of 94 48 #49 of 94 85 #15 of 94
Growth 71 #27 of 92 78 #21 of 92 67 #31 of 92
Profitability 26 #67 of 90 82 #17 of 90 90 #10 of 90
Financial Health 88 #13 of 99 31 #69 of 99 27 #73 of 99
Shareholder Returns 10 #66 of 73 75 #19 of 73 79 #16 of 73
Overall 45 63 70
  • CEVA ranked among 103 companies in Semiconductors
  • ADI ranked among 103 companies in Semiconductors
  • ADEA ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCEVAADIADEASPY
1 month -6.7%+8.3%-8.7% +0.9%
3 months +8.5%+21.2%-1.8% +5.9%
6 months +18.3%+10.0%-25.9% +8.5%
Year to date +50.4%+57.9%+31.9% +13.3%
1 year +14.3%+78.9%+28.3% +12.4%
3 years +89.9%+166.7%+175.1% +88.1%
3 years, per year +23.8%+38.7%+40.1% +23.5%
5 years -29.0%+146.9%+192.4% +68.2%
5 years, per year -6.6%+19.8%+24.0% +11.0%
10 years +8.6%+574.1%+41.2% +263.4%
10 years, per year +0.8%+21.0%+3.5% +13.8%

Risk

MeasureCEVAADIADEASPY
Volatility, 1Y 74.8%36.6%67.0% 12.7%
Downside volatility, 1Y 75.9%36.6%65.3% 12.7%
Beta vs S&P 500, 1Y 3.441.742.54 1.00
Return / volatility, 1Y 0.192.160.42 0.98
Max drawdown, 5Y -68.0%-32.5%-39.3% -25.4%
From 52-week high -35.3%-3.9%-32.4% -0.9%
52-week high $50.06$445.48$33.63 $779.14
52-week low $17.21$225.20$11.74 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCEVAADIADEA
P/E now vs peer median -82.6xmedian 46.0x 50.3xmedian 46.0x 20.4xmedian 46.0x
P/S now vs peer median —median 7.9x 14.9xmedian 7.9x 5.3xmedian 7.9x
EV/EBITDA now vs peer median -18,791xmedian 28.3x 31.0xmedian 28.3x 10.3xmedian 28.3x
P/FCF now vs peer median -856.8xmedian 41.4x 42.0xmedian 41.4x 13.3xmedian 41.4x
P/B now vs peer median 2.7xmedian 4.6x 6.2xmedian 4.6x 5.3xmedian 4.6x
PEG now vs peer median -2.74median 2.30 11.67median 2.30 0.60median 2.30

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCEVAADIADEA
Revenue – $13.88B $470.87M
Gross profit – $9.13B –
Operating income – $4.93B $195.97M
Net income -$10.98M $4.14B $122.68M
Free cash flow -$1.06M $4.94B $188.57M
R&D – $1.98B $71.74M
EPS (diluted) $-0.45 $8.46 $1.07
Cash & equivalents $44.30M $2.17B $137.10M
Total debt – $9.12B $386.02M
Shares (diluted) 24.30M 488.84M 114.40M
Enterprise value $106.48M $195.91B $1.74B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCEVAADIADEA
P/E -82.6x 50.3x 20.4x
P/FCF -856.8x 42.0x 13.3x
P/Operating cash flow 239.4x 37.4x 13.1x
P/S – 14.9x 5.3x
P/B 2.7x 6.2x 5.3x
P/Tangible book 2.7x 8.0x 13.3x
EV/EBITDA -18,791x 31.0x 10.3x
EV/EBIT -173.7x 43.4x 13.7x
EV/Revenue – 15.4x 5.7x
EV/FCF -654.0x 43.4x 14.3x
EV/Operating cash flow 182.7x 38.6x 14.1x
PEG (3Y EPS CAGR) -2.74 11.67 0.60

Growth

14 metrics
MetricCEVAADIADEA
Revenue growth (1Y) – 33.6% 24.3%
Revenue CAGR (3Y) – 2.6% 6.2%
Gross profit growth (1Y) – 46.2% –
Gross profit CAGR (3Y) – 2.9% –
Operating income growth (1Y) – 93.0% 57.0%
Operating income CAGR (3Y) – 4.8% 17.2%
Net income growth (1Y) -8.9% 111.2% 46.3%
Net income CAGR (3Y) 29.3% 3.3% 34.4%
EPS growth (1Y) -5.9% 114.6% 43.4%
EPS CAGR (3Y) 30.1% 4.3% 34.3%
Operating cash flow growth (1Y) 71.4% 33.2% -5.5%
Operating cash flow CAGR (3Y) 41.3% 5.1% 0.5%
Free cash flow growth (1Y) -372.4% 34.2% -6.2%
Free cash flow CAGR (3Y) 47.3% 10.2% 1.0%

Profitability

14 metrics
MetricCEVAADIADEA
Gross margin – 65.8% –
EBITDA margin – 49.8% 55.6%
Operating margin – 35.5% 41.6%
Pretax margin – 33.9% 35.3%
Net margin – 29.8% 26.1%
FCF margin – 35.6% 40.0%
Operating cash flow margin – 39.9% 40.6%
Return on equity -3.2% 12.3% 26.0%
Return on assets -2.8% 8.6% 12.2%
Return on invested capital – 10.2% 16.8%
Return on capital employed -1.1% 11.6% 21.4%
Asset turnover – 0.3x 0.5x
Cash conversion (OCF / net income) -0.3x 1.3x 1.6x
Stock comp / revenue – 2.5% 7.8%

Financial Health

11 metrics
MetricCEVAADIADEA
Debt / assets – 18.8% 38.1%
Debt / equity – 0.3x 0.8x
Net debt / EBITDA – 1.0x 0.7x
Debt / FCF – 1.8x 2.0x
Liabilities / assets 13.2% 30.7% 52.9%
Equity / assets 86.8% 69.3% 47.1%
Interest coverage – 14.1x 5.4x
Current ratio 10.1x 1.3x 3.2x
Quick ratio 10.2x 0.8x 3.8x
Cash ratio 7.7x 0.4x 2.2x
Altman Z-score – 9.39 4.32

Shareholder Returns

7 metrics
MetricCEVAADIADEA
Dividend yield – 1.0% 0.9%
Net buyback yield -7.2% 1.4% 1.1%
Shareholder yield -7.2% 2.4% 2.0%
Payout ratio (earnings) – 49.4% –
Payout ratio (FCF) – 41.4% –
Dividend growth (1Y) – 7.8% –
Dividend CAGR (3Y) – 7.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCEVAADIADEA
Forward P/E 62.2xFY2026 34.7xFY2026 16.9xFY2026
EPS, next fiscal year $0.52FY2026 $12.33FY2026 $1.35FY2026
EPS growth, next FY +23.8%FY2026 +58.3%FY2026 -18.2%FY2026
EPS growth, the year after +46.2% +27.0% +11.9%
Revenue, next fiscal year $117.61MFY2026 $15.85BFY2026 $427.36MFY2026
Revenue growth, next FY +7.3%FY2026 +43.8%FY2026 -3.6%FY2026
Revenue growth, the year after +26.4% +19.8% +10.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCEVAADIADEA
Held by institutions 88.9% 90.9% 100.0%
Institutions holding 209 2,288 304
Change in shares held, QoQ +0.3% +4.5% +5.6%
Institutions buying 139 1,182 186
Institutions selling 49 820 86
Buyers to sellers 2.84 1.44 2.16

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CEVAADIADEA
CEVA 1.00 0.57 0.49
ADI 0.57 1.00 0.44
ADEA 0.49 0.44 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CEVA, ADI and ADEA?

Analog Devices (ADI) is the largest by market capitalisation: Ceva (CEVA) $901.75M, Analog Devices (ADI) $209.38B, Adeia (ADEA) $2.49B.

Which stock is cheaper, CEVA, ADI and ADEA?

Adeia (ADEA) trades on the lowest price-to-earnings ratio (Ceva (CEVA) -82.2x, Analog Devices (ADI) 50.6x, Adeia (ADEA) 20.3x). On next year's consensus earnings, Adeia (ADEA) is cheapest (Ceva (CEVA) 62.2x, Analog Devices (ADI) 34.7x, Adeia (ADEA) 16.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Analog Devices (ADI) grew revenue fastest over the trailing twelve months: Analog Devices (ADI) +33.6%, Adeia (ADEA) +24.3%.

Which company is more profitable?

Analog Devices (ADI) has the highest net margin (Analog Devices (ADI) 29.8%, Adeia (ADEA) 26.1%). On return on invested capital, Adeia (ADEA) leads (Analog Devices (ADI) 10.2%, Adeia (ADEA) 16.8%).

Which stock has performed better?

Over the past year Analog Devices (ADI) returned the most: Ceva (CEVA) +14.3%, Analog Devices (ADI) +78.9%, Adeia (ADEA) +28.3%. Over five years, Adeia (ADEA) compounded fastest (Ceva (CEVA) -6.6%/yr, Analog Devices (ADI) +19.8%/yr, Adeia (ADEA) +24.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Ceva (CEVA) 0.00%, Analog Devices (ADI) 0.01%, Adeia (ADEA) 0.00%. Ceva (CEVA) and Adeia (ADEA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Analog Devices (ADI) has been the steadiest (Ceva (CEVA) 74.8%, Analog Devices (ADI) 36.6%, Adeia (ADEA) 67.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CEVA, ADI and ADEA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Adeia (ADEA) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.