InterDigital, Inc. (IDCC)

Patent Owners & Lessors

Latest Price

$326.07

TTM P/E

38.18

Normalized P/E

37.95

Div Yield

0.86%

Book Value

46.51

P/B Ratio

7.01

Valuation metrics

EPS: $11.80

Book value / share: $42.87

Formula: √(22.5 × EPS × BVPS)

Graham Number

$106.69

67% downside

Norm. op. income: $151M (median of 7yr)

Tax rate: 19%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$95.18

71% downside

Base FCF: $266M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$817.57

+151% upside

EPS: $11.80

Target P/E: 38×

Formula: EPS × P/E

P/E Fair Value

$448.40

+38% upside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	3.91M	$1.11B	15.14%	+297.1K	2026-06-30
Price T Rowe Associates Inc	2.61M	$740.0M	10.13%	+341.9K	2026-06-30
Vanguard Portfolio Management LLC	1.62M	$459.0M	6.29%	+32.0K	2026-06-30
Vanguard Capital Management LLC	1.16M	$329.0M	4.51%	+16.9K	2026-06-30
Boston Partners	1.14M	$323.0M	4.43%	+165.4K	2026-06-30
UBS Group AG	1.13M	$320.0M	4.38%	+99.1K	2026-06-30
State Street Corp	1.01M	$285.0M	3.90%	+49.7K	2026-06-30
Geode Capital Management, LLC	920.5K	$260.0M	3.57%	+68.0K	2026-06-30
T. Rowe Price Investment Management, Inc.	746.2K	$211.0M	2.89%	+211.4K	2026-06-30
Dimensional Fund Advisors LP	668.4K	$189.0M	2.59%	-207	2026-06-30