(PDFS) PDF Solutions - NASDAQ
Sector: Technology | Industry: Software - Application | Exchange: NASDAQ (USA) | Market Cap: 2.673m USD | Total Return: 231% in 12m
Avg Turnover: 37.4M
EPS Trend: 84.7%
Qual. Beats: 0
Rev. Trend: 94.4%
Qual. Beats: 3
Warnings
P/E ratio 354.7
Extended 1w
Tailwinds
Rs Leader, Tailwind, Confidence
PDF Solutions, Inc. (PDFS) provides an integrated platform of software, hardware, and intellectual property designed to improve yield and efficiency throughout the semiconductor manufacturing lifecycle. Its core Exensio and Sapience platforms aggregate data from fabrication, testing, and assembly to identify defects and optimize process control. The company also offers the Cimetrix suite, which facilitates standardized communication between factory equipment and enterprise systems.
The business model relies on a mix of software-as-a-service (SaaS) subscriptions, hardware sales, and professional services focused on data integration. In the semiconductor sector, this type of yield management is critical as manufacturing complexity increases with smaller process nodes, where even minor variations can significantly impact profitability. PDF Solutions serves a global client base, including integrated device manufacturers, fabless companies, and foundries.
To evaluate how these operational segments impact long-term valuation, consider reviewing the detailed metrics available on ValueRay.
- Rising semiconductor manufacturing complexity increases demand for yield-enhancement software
- Semiconductor equipment manufacturers integrate Cimetrix connectivity software into new toolsets
- Shift toward high-margin recurring SaaS revenue improves long-term profitability profile
- Geopolitical trade restrictions on advanced chip technology impact China revenue streams
- Strategic partnerships with major foundries drive adoption of characterization vehicle systems
| Net Income: 7.18m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -3.23 > 1.0 |
| NWC/Revenue: 43.51% < 20% (prev 41.05%; Δ 2.46% < -1%) |
| CFO/TA 0.04 > 3% & CFO 17.1m > Net Income 7.18m |
| Net Debt (42.9m) to EBITDA (27.4m): 1.57 < 3 |
| Current Ratio: 2.34 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.4m) vs 12m ago 3.30% < -2% |
| Gross Margin: 72.05% > 18% (prev 71.19%; Δ 0.86% > 0.5%) |
| Asset Turnover: 56.40% > 50% (prev 47.68%; Δ 8.72% > 0%) |
| Interest Coverage Ratio: 3.41 > 6 (EBIT TTM 16.2m / Interest Expense TTM 4.73m) |
| A: 0.23 (Total Current Assets 175.6m - Total Current Liabilities 75.0m) / Total Assets 430.6m |
| B: -0.21 (Retained Earnings -89.8m / Total Assets 430.6m) |
| C: 0.04 (EBIT TTM 16.2m / Avg Total Assets 410.3m) |
| D: 1.87 (Book Value of Equity 280.5m / Total Liabilities 150.1m) |
| Altman-Z'' = 3.08 = A |
| DSRI: 1.05 (Receivables 96.0m/73.4m, Revenue 231.4m/185.9m) |
| GMI: 0.99 (GM 71.19% / 72.05%) |
| AQI: 0.77 (AQ_t 0.37 / AQ_t-1 0.48) |
| SGI: 1.24 (Revenue 231.4m / 185.9m) |
| TATA: -0.02 (NI 7.18m - CFO 17.1m) / TA 430.6m) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of June 15, 2026, the stock is trading at USD 64.14 with a total of 529,180 shares traded.
Over the past week, the price has changed by +24.66%,
over one month by +24.37%,
over three months by +101.89% and
over the past year by +230.96%.
PDF Solutions has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy PDFS.
- StrongBuy: 4
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 54.9 | -14.4% |
P/E Trailing = 354.7222
P/E Forward = 70.4225
P/S = 11.5537
P/B = 9.5345
P/EG = 4.1933
Revenue TTM = 231.4m USD
EBIT TTM = 16.2m USD
EBITDA TTM = 27.4m USD
Long Term Debt = 64.2m USD (from longTermDebt, last quarter)
Short Term Debt = 4.31m USD (from shortTermDebt, last quarter)
Debt = 74.1m USD (corrected: LT Debt 64.2m + ST Debt 4.31m) + Leases 5.55m
Net Debt = 42.9m USD (calculated: Debt 74.1m - CCE 31.2m)
Enterprise Value = 2.72b USD (2.67b + Debt 74.1m - CCE 31.2m)
Interest Coverage Ratio = 3.41 (Ebit TTM 16.2m / Interest Expense TTM 4.73m)
EV/FCF = -150.5x (Enterprise Value 2.72b / FCF TTM -18.0m)
FCF Yield = -0.66% (FCF TTM -18.0m / Enterprise Value 2.72b)
FCF Margin = -7.80% (FCF TTM -18.0m / Revenue TTM 231.4m)
Net Margin = 3.10% (Net Income TTM 7.18m / Revenue TTM 231.4m)
Gross Margin = 72.05% ((Revenue TTM 231.4m - Cost of Revenue TTM 64.7m) / Revenue TTM)
Gross Margin QoQ = 70.07% (prev 74.45%)
Tobins Q-Ratio = 6.31 (Enterprise Value 2.72b / Total Assets 430.6m)
Interest Expense / Debt = 6.39% (Interest Expense 4.73m / Debt 74.1m)
Taxrate = 40.21% (4.83m / 12.0m)
NOPAT = 9.66m (EBIT 16.2m * (1 - 40.21%))
Current Ratio = 2.34 (Total Current Assets 175.6m / Total Current Liabilities 75.0m)
Debt / Equity = 0.26 (Debt 74.1m / totalStockholderEquity, last quarter 280.5m)
Debt / EBITDA = 1.57 (Net Debt 42.9m / EBITDA 27.4m)
Debt / FCF = -2.38 (negative FCF - burning cash) (Net Debt 42.9m / FCF TTM -18.0m)
Total Stockholder Equity = 268.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.75% (Net Income 7.18m / Total Assets 430.6m)
RoE = 2.68% (Net Income TTM 7.18m / Total Stockholder Equity 268.3m)
RoCE = 4.86% (EBIT 16.2m / Capital Employed (Equity 268.3m + L.T.Debt 64.2m))
RoIC = 2.77% (NOPAT 9.66m / Invested Capital 348.3m)
WACC = 12.24% (E(2.67b)/V(2.75b) * Re(12.47%) + D(74.1m)/V(2.75b) * Rd(6.39%) * (1-Tc(0.40)))
Discount Rate = 12.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 64.44 | Cagr: 1.77%
[DCF] Fair Price = unknown (Cash Flow -18.0m)
EPS Correlation: 84.74 | EPS CAGR: 28.85% | SUE: 0.58 | # QB: 0
Revenue Correlation: 94.37 | Revenue CAGR: 13.65% | SUE: 1.81 | # QB: 3
EPS current Quarter (2026-06-30): EPS=0.26 | Chg30d=+4.00% | Revisions=+25% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.31 | Chg30d=+5.98% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=1.24 | Chg30d=+10.51% | Revisions=+50% | GrowthEPS=+31.4% | GrowthRev=+20.1%
EPS next Year (2027-12-31): EPS=1.55 | Chg30d=+12.93% | Revisions=+50% | GrowthEPS=+25.5% | GrowthRev=+20.0%
[Analyst] Revisions Ratio: +50%