Pdf Solutions Inc

Technology
Computer Software: Prepackaged Software
www.pdf.com

Earnings Score
Moat Score

Market Cap $1.16B
PE 264
Debt $NaN
Cash $96.43M
EV $NaN
FCF -$4.11M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$4.41M
EBIT	$5.25M
ROE	2%
ROA	2%
FCF	-$4.11M
Equity	$240.46M
Growth Stability	-33K%
PE	264.41
PEG	228.96
PB	4.84
P/FCF	-283.46
P/S	6.83
Price/Cash	0.08
Net Margins	3%
Gross Margins	70%
Op. Margins	3%
Earnings CAGR	-3%
Sales Growth YoY	10%
Sales Growth QoQ	11%
Sales CAGR	7%
FCF CAGR	7%
Equity CAGR	3%
Earnings Stability	0.1
Earnings Growth YoY	-144%

Earnings Growth QoQ	29%
Earnings CAGR 5Y	1%
Sales CAGR 5Y	20%
FCF CAGR 5Y	-11%
Equity CAGR 5Y	2%
Earnings CAGR 3Y	16%
Sales CAGR 3Y	16%
FCF CAGR 3Y	63%
Equity CAGR 3Y	5%
Market Cap	$1.16B
Revenue	$170.51M
Assets	$307.35M
Cash	$96.43M
Shares Outstanding	38.54M
Earnings Score	5%
Moat Score	35%
Working Capital	133.67M
Current Ratio	3.32
Gross Profit	$119.07M
Shares Growth 3y	1%
Equity Growth QoQ	4%
Equity Growth YoY	9%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

PDF Solutions Inc offers products and services designed to empower engineers and data scientists across the semiconductor ecosystem to improve the yield, quality, and profitability of their products. The solutions combine proprietary software, physical intellectual property (or IP) for integrated circuit (or IC) designs, electrical measurement hardware tools, proven methodologies, and professional services. The company's products and services are sold to integrated device manufacturers (or IDMs), fabless semiconductor companies, foundries, out-sourced semiconductor assembly and test (or OSATs), and system houses.

SEC Filings

Direct access to Pdf Solutions Inc (PDFS) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Pdf Solutions Inc compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Pdf Solutions Inc compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR -3%

Stability 10%

loading chart...

Pdf Solutions Inc Discounted Cash Flow

Fully customizable DCF calculator online for Pdf Solutions Inc.

Years

Calculation mode

= -$66M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	-$4.1M	-$4.4M	-$4.7M	-$5M	-$5.4M	-$5.7M	-$6.1M	-$6.5M	-$7M	-$7.5M	-$8M	-$80M
DCF		-$4M	-$3.9M	-$3.8M	-$3.7M	-$3.6M	-$3.5M	-$3.4M	-$3.3M	-$3.2M	-$3.1M	-$31M
Value	-$66M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	18%	13%	8%	-1%	-9%	-6%	-46%	-19%	-2%	2%	3%
ROA	-	10%	6%	0%	-4%	-3%	-6%	-7%	0%	2%	2%
ROE	-	7%	5%	-1%	-4%	-3%	-17%	-10%	-2%	1%	2%

Bad Net Margins (2.72%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-	-	-	-	-	-	-
Debt over Equity	-	-	-	-	-	-	-	-	-	-	-
Growth Stability	-	-	-	-10%	-115%	-33K%	-	-	-	-	-33K%

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Neutral Debt/Equity ratio (-)

The company has a balance between equity and debt that is not too good nor too bad.

Bad Graham’s Stability (-33K%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-2%	10%	-5%	-16%	-0%	3%	26%	34%	12%	20%
Earnings YoY growth	-	-33%	-27%	-115%	477%	-30%	645%	-47%	-84%	-191%	1%
Equity YoY growth	-	8%	14%	-0%	1%	-2%	20%	-6%	-4%	9%	2%
FCF YoY growth	-	10%	-136%	-103%	-23%	6K%	12%	-96%	4K%	-86%	-11%