# Arteris Inc. (AIP) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Semiconductors & Semiconductor Equipment. Price $21.37, market value $1.1 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Arteris Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 12.4×**. Each dollar of revenue is priced at 12.4×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 15.5×**. The shares trade at 15.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 0.6%** (5-yr avg -2.7%). Free cash flow equals 0.6% of the market value, above its five-year average of -2.7%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 87.6%**. Arteris Inc. keeps 87.6% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: -47.7%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -49.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: 237.5%**. A 237.5% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on assets: -34.4%**. Each dollar of assets produces -34.4% of profit.

## Growth
- **Revenue growth (1 yr): 22.3%** (3-yr 11.9%/yr, 5-yr 17.3%/yr). Revenue grew 22.3% over the last year, against 17.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 4.7%**. Earnings per share rose 4.7%, slower than revenue, so margins compressed.

## Financial health
- **Current ratio: 1.13** (quick 1.13). Current assets cover the next year's liabilities 1.13 times.
- **Altman Z-score: 4.44**. A Z-score of 4.44 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Arteris Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 141.7%** (YTD 37.9%, 3-mo -37.7%). The shares are up 141.7% over twelve months including dividends.
- **From 52-week high: -57.5%** (153.8% above the low). Trading 57% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 33**. An RSI of 33 is neutral.
- **Beta (1 yr): 3.39** (volatility 83%). Beta of 3.39 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AIP · Page: https://foliofundamentals.com/stocks/aip

Not investment advice.