# Rambus Inc. (RMBS) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Semiconductors & Chip Equipment. Price $88.18, market value $9.4 billion.

## Valuation
- **P/E (trailing): 36.4×** (5-yr avg 70.5×, 3-yr avg 32.8×). Rambus Inc. trades at 36.4× trailing earnings, well below its own five-year average of 70.5×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 22.7×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.81**. A PEG of 0.81 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 11.9×**. Each dollar of revenue is priced at 11.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 6.7×**. The shares trade at 6.7× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 3.3%** (5-yr avg 4.1%). Free cash flow equals 3.3% of the market value, in line with its five-year average of 4.1%.
- **Earnings yield: 2.7%**. The inverse of the P/E: 2.7% of the price is earned each year.

## Profitability
- **Gross margin: 79.1%**. Rambus Inc. keeps 79.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 36.3%**. 36.3% of revenue is left after running the business, an exceptional level.
- **Net margin: 32.6%**. 32.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.9%**. 16.9% on shareholders' equity is solid.
- **Return on assets: 17.4%**. Each dollar of assets produces 17.4% of profit.

## Growth
- **Revenue growth (1 yr): 27.1%** (3-yr 15.9%/yr, 5-yr 23.5%/yr). Revenue grew 27.1% over the last year, against 23.5% a year compounded over five years.
- **EPS growth (1 yr): 27.9%**. Earnings per share rose 27.9%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 16.1%/yr**. Free cash flow has compounded at 16.1% a year over three years.

## Financial health
- **Current ratio: 8.20** (quick 8.20). Current assets cover the next year's liabilities 8.20 times.
- **Altman Z-score: 37.27**. A Z-score of 37.27 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

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

## Analyst view
- **Analyst consensus: strong_buy** (7 analysts). 7 analysts cover Rambus Inc.; the consensus is strong_buy, with an average price target of $140.57 (+59% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -18.3%** (YTD -8.6%, 3-mo -8.9%). The shares are down 18.3% over twelve months including dividends.
- **From 52-week high: -49.4%** (13.2% above the low). Trading 49% 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): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 3.55** (volatility 78%). Beta of 3.55 against the S&P 500: the shares move much more than the market.

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

Not investment advice.