Pendrell Corp PCOA

FinancialsMedia & PublishingUnited States of America

Last close 150,000.00 USD on Nov 2, 2026, – year to date

Quant rating

Quant rating D Rank 798 of 799 in Financials

Growth D 609 of 799
Valuation D 735 of 799
Quality C 558 of 799
Revisions D 617 of 799
Momentum D 799 of 799

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 146M
Enterprise value: –
52-week range: – – –
3-year range: – – –
Dividend yield: –
Beta (5 years): –
Shares outstanding: 0M
Next earnings: –

About the company

Pendrell Corporation is engaged in the business of licensing and selling intellectual property (IP) rights to others. The Company invests in, acquires and monetizes IP rights. The Company's subsidiaries hold patents that support over four IP licensing programs that it owns and manages, such as memory and storage technologies, digital media, and digital cinema. The Company's subsidiaries focus on licensing the IP rights they hold to third parties and pursuing relevant product opportunities. The digital media program is supported by patents and patent applications designed to protect against unauthorized duplication and use of digital content that is transferred from a source to one or more electronic devices. The digital cinema program is supported by patents and patent applications designed to protect against unauthorized creation, duplication and use of digital cinema content that is authored and distributed to movie theaters globally.

Growth and profitability

Growth and profitability by fiscal year
	2017	2016	2015	2014	2013	5Y avg
Revenue (mil)	42.8	59.0	43.5	42.5	13.1	–
Revenue growth	−27.5%	35.6%	2.3%	224.0%	−61.1%	4.8%
EPS (basic, normalized)	–	–	–	–	–	–
EPS growth	–	–	–	–	–	–
Gross margin	99.0%	69.2%	76.5%	66.7%	–	77.9%
Net margin	44.6%	30.1%	−252.0%	−119.9%	−419.4%	−143.3%
ROE	–	–	–	–	–	–

Balance sheet, last quarter
Cash & short-term investments (mil)	184
Current ratio	22.73x
Long-term debt (mil)	0
Net debt (mil)	−189
Total equity (mil)	204
Net debt / equity	−0.93x
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2017 actual	42.8	−27.5%	–	–	–	–	–	–	–

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2018	–	–	–	–	–	–	–	–
2019	–	–	–	–	–	–	–	–
2020	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Media & Publishing

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
PCOA Pendrell Corp	146M	–	44.6%	–	–	–	–	–
DISH DISH Network Corp	3.1B	8.30x	−0.5%	–	–	–	–	–
SBET Sharplink Inc	1.4B	–	−2,618.1%	1.00x	−1.3x	129.8x	77.7x	50.6x
VIV Vivendi SE	1.8B	–	5.9%	0.35x	23.0x	15.2x	−86.1x	−394.0x
VANTI Vantiva SA	45M	–	−8.4%	−0.07x	−1.1x	−4.1x	5.0x	4.1x
VXT VIDINEXT AG	6M	–	−14.9%	0.63x	–	–	–	–
Mean		8.30x	−431.9%	0.48x	6.9x	47.0x	−1.1x	−113.1x
Median		8.30x	−4.4%	0.49x	−1.1x	15.2x	5.0x	4.1x

Technical analysis

1M–
3M–
1Y–
3Y–

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Pendrell Corp, fiscal years, most recent first
	2017	2016	2015	2014	2013	2012
Total revenue	42.8	59.0	43.5	42.5	13.1	33.8
Cost of revenue	0.4	18.2	10.2	14.2	–	–
Gross profit	42.4	40.9	33.3	28.4	13.1	33.8
Selling, general & administrative expenses	11.1	10.9	21.3	36.9	38.3	38.7
Research & development	–	–	–	–	–	–
Depreciation/amortization	2.3	9.5	13.9	15.9	15.9	13.5
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	12.8	5.2	119	27.3	16.8	−52.4
Other operating expenses	0	0	0	0	0	0
Operating income	16.2	15.2	−121	−51.7	−57.9	34.0
Net interest income (expense)	1.6	0.7	0.1	−0.1	−0.1	−2.2
Gain (loss) on sale of assets	0	2.0	6.1	0	0	5.6
Other non-operating income (expense)	0	0	0	0	−0.1	1.6
Net income before taxes	17.7	17.9	−115	−51.8	−58.0	39.0
Provision for taxes	−2.1	0	2.6	6.3	0	−1.0
Minority interest	−0.8	−0.2	7.9	7.1	2.9	0.1
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	19.1	17.8	−110	−51.0	−55.1	40.1
Extraordinary items	–	–	–	–	–	–
Net income	19.1	17.8	−110	−51.0	−55.1	40.1
EBIT, normalized	28.9	20.4	−1.9	−24.4	−41.0	−18.4
EBITDA, normalized	31.3	30.0	12.4	−8.0	−24.7	−4.7
Basic EPS, normalized	–	–	–	–	–	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Pendrell Corp, fiscal years, most recent first
	2017	2016	2015	2014	2013	2012
Assets
Cash & short-term investments	184	175	162	169	185	214
Receivables	19.6	16.1	1.4	0.2	0.4	9.3
Total inventory	–	–	–	–	–	–
Prepaid expenses	0.4	0.3	0.4	0.8	1.7	0.7
Other current assets	0	0	0	0	0	0
Total current assets	204	191	164	170	187	224
Property, plant & equipment	0	0.1	0.1	3.4	3.8	0.9
Goodwill	–	–	0	21.2	21.7	21.2
Intangibles	2.3	4.7	14.4	110	140	135
Long-term investments	–	–	–	–	–	–
Note receivable	1.3	16.6	–	–	–	–
Other long-term assets	0	0	2.1	0.1	0.1	0.1
Total assets	208	212	181	304	352	381
Liabilities
Accounts payable	0.1	0.1	0.1	0.3	0.2	0.3
Payable/accrued	–	–	–	–	–	–
Accrued expenses	8.8	6.3	4.3	5.8	5.7	2.4
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	0.1	0.1	0.1	6.9	2.7	0.6
Total current liabilities	9.0	6.5	4.6	13.0	8.5	3.3
Long-term debt	0	0	0	0	0	0
Minority interest	−4.8	−3.7	−3.9	5.2	12.3	7.7
Other liabilities	0	7.8	0	1.5	6.7	2.2
Total liabilities	4.2	10.6	0.7	19.7	27.5	13.2
Shareholders' equity
Preferred stock	0	–	–	–	–	–
Common stock	2.7	2.7	2.7	2.7	2.7	2.7
Additional paid-in capital	1,948	1,962	1,958	1,953	1,942	1,930
Retained earnings (accumulated deficit)	−1,747	−1,763	−1,781	−1,671	−1,620	−1,564
Treasury stock	–	–	–	–	–	–
Other equity	0	0	0	0	0	0
Total equity	204	202	180	284	324	368
Total liabilities & shareholders' equity	208	212	181	304	352	381

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Pendrell Corp, fiscal years, most recent first
	2017	2016	2015	2014	2013	2012
Operating activities
Net income	19.9	17.9	−118	−58.1	−58.0	40.0
Depreciation, depletion & amortization	2.4	9.5	14.3	16.5	16.3	13.7
Deferred taxes	–	–	–	–	0	0
Non-cash items	3.5	3.6	110	25.6	15.6	−43.1
Changes in working capital	6.2	−20.2	−6.9	2.8	10.9	−14.6
Cash from operations	31.9	10.9	0	−13.3	−15.2	−4.0
Investing activities
Capital expenditures	0	0	−2.1	−0.1	−2.4	−29.5
Other investing cash flows	0.7	1.3	0.1	0	−9.2	15.6
Cash from investing	0.6	1.3	−2.0	−0.1	−11.6	−13.9
Financing activities
Financing cash flow items	0	0	−4.5	−2.8	−2.7	−0.2
Cash dividends paid	−3.0	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−19.7	0	0.2	0.4	0.2	0.8
Cash from financing	−22.7	0	−4.3	−2.3	−2.5	0.6
Foreign exchange effects	–	–	–	0	0	0.7
Net change in cash	9.9	12.2	−6.3	−15.8	−29.2	−16.6
Free cash flow	31.9	10.9	−2.1	−13.4	−17.5	−33.5

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.