25 years of historical data (2000–2024) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
PDF Solutions, Inc. trades at 337.8x earnings, roughly in line with its 5-year average of 337.0x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a premium of 1239%.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.3B | $1.1B | $1.3B | $1.1B | $1.2B | $744M | $547M | $271M | $503M | $731M | $349M |
| Enterprise Value | $1.2B | $972M | $1.2B | $952M | $1.2B | $722M | $459M | $175M | $402M | $615M | $222M |
| P/E Ratio → | 337.80 | 270.80 | 403.26 | — | — | — | — | — | — | 80.54 | 27.79 |
| P/S Ratio | 7.44 | 5.89 | 7.55 | 7.16 | 10.63 | 8.45 | 6.40 | 3.16 | 4.94 | 6.81 | 3.56 |
| P/B Ratio | 5.36 | 4.30 | 5.47 | 5.07 | 5.38 | 3.17 | 2.79 | 1.36 | 2.54 | 3.68 | 2.00 |
| P/FCF | — | — | 400.46 | 44.86 | 6213.77 | 50.24 | 39.00 | 1221.55 | 1734.47 | — | 14.94 |
| P/OCF | 137.54 | 108.98 | 85.71 | 32.94 | 278.25 | 34.17 | 22.26 | 20.33 | 47.70 | 365.66 | 12.22 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
PDF Solutions, Inc.'s enterprise value stands at 310.7x EBITDA, 29% above its 5-year average of 240.1x. The Technology sector median is 15.7x, placing the stock at a 1874% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.42 | 6.99 | 6.41 | 10.44 | 8.21 | 5.37 | 2.04 | 3.94 | 5.72 | 2.27 |
| EV / EBITDA | 310.73 | 241.79 | 225.46 | 253.13 | — | — | — | — | 68.70 | 35.41 | 11.45 |
| EV / EBIT | — | 1039.55 | — | — | — | — | — | — | 2114.37 | 47.43 | 11.56 |
| EV / FCF | — | — | 370.77 | 40.13 | 6104.99 | 48.76 | 32.72 | 788.72 | 1385.27 | — | 9.53 |
Margins and return-on-capital ratios measuring operating efficiency
PDF Solutions, Inc. earns an operating margin of -0.3%. Operating margins have expanded from -2.0% to -0.3% over the past 3 years, signaling improving operational efficiency. ROE of 1.7% is modest.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 69.8% | 69.8% | 68.8% | 67.8% | 60.2% | 58.2% | 60.9% | 50.1% | 53.4% | 58.6% | 60.2% |
| Operating Margin | -0.3% | -0.3% | -0.7% | -2.0% | -15.0% | -19.0% | -8.7% | -11.6% | 0.2% | 12.1% | 19.6% |
| Net Profit Margin | 2.3% | 2.3% | 1.9% | -2.3% | -19.3% | -45.8% | -6.3% | -9.0% | -1.3% | 8.5% | 12.7% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.7% | 1.7% | 1.4% | -1.6% | -9.5% | -18.7% | -2.7% | -3.9% | -0.7% | 4.9% | 7.4% |
| ROA | 1.3% | 1.3% | 1.1% | -1.2% | -7.7% | -15.3% | -2.3% | -3.4% | -0.6% | 4.4% | 6.7% |
| ROIC | -0.3% | -0.3% | -0.7% | -1.5% | -6.1% | -7.8% | -5.3% | -7.4% | 0.2% | 14.9% | 30.5% |
| ROCE | -0.2% | -0.2% | -0.5% | -1.3% | -7.0% | -7.3% | -3.6% | -4.8% | 0.1% | 6.8% | 11.2% |
Solvency and debt-coverage ratios — lower is generally safer
PDF Solutions, Inc. carries a Debt/EBITDA ratio of 1.3x, which is manageable (57% below the sector average of 3.0x). The company holds a net cash position — cash of $91M exceeds total debt of $5M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | — | — | — | — |
| Debt / EBITDA | 1.29 | 1.29 | 1.20 | 1.95 | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.35 | -0.41 | -0.53 | -0.09 | -0.09 | -0.45 | -0.48 | -0.51 | -0.59 | -0.72 |
| Net Debt / EBITDA | -21.25 | -21.25 | -18.06 | -29.86 | — | — | — | — | -17.32 | -6.73 | -6.49 |
| Debt / FCF | — | — | -29.69 | -4.73 | -108.78 | -1.48 | -6.27 | -432.83 | -349.20 | — | -5.40 |
| Interest Coverage | — | — | — | — | — | -13.20 | — | -20.19 | — | 1296.60 | 106.30 |
Net cash position: cash ($91M) exceeds total debt ($5M)
Short-term solvency ratios and asset-utilisation metrics
PDF Solutions, Inc.'s current ratio of 3.40x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 3.32x to 3.40x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.40 | 3.40 | 3.89 | 3.32 | 4.30 | 4.58 | 5.27 | 8.05 | 8.29 | 9.19 | 11.29 |
| Quick Ratio | 3.40 | 3.40 | 3.89 | 3.32 | 4.30 | 4.58 | 5.27 | 8.05 | 8.29 | 9.19 | 11.29 |
| Cash Ratio | 1.90 | 1.90 | 2.67 | 2.39 | 3.20 | 3.44 | 3.49 | 4.92 | 5.12 | 6.31 | 8.73 |
| Asset Turnover | — | 0.57 | 0.57 | 0.53 | 0.41 | 0.31 | 0.36 | 0.38 | 0.45 | 0.48 | 0.51 |
| Inventory Turnover | 11.88 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 149.79 | 98.83 | 103.60 | 131.75 | 141.53 | 173.37 | 219.40 | 206.25 | 163.57 | 124.57 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
PDF Solutions, Inc. returns 0.5% to shareholders annually primarily through share buybacks. The earnings yield of 0.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.3% | 0.4% | 0.2% | — | — | — | — | — | — | 1.2% | 3.6% |
| FCF Yield | — | — | 0.2% | 2.2% | 0.0% | 2.0% | 2.6% | 0.1% | 0.1% | — | 6.7% |
| Buyback Yield | 0.5% | 0.7% | 0.1% | 2.1% | 0.4% | 0.0% | 1.8% | 1.9% | 2.7% | 0.3% | 4.2% |
| Total Shareholder Yield | 0.5% | 0.7% | 0.1% | 2.1% | 0.4% | 0.0% | 1.8% | 1.9% | 2.7% | 0.3% | 4.2% |
| Shares Outstanding | — | $39M | $39M | $37M | $37M | $34M | $32M | $32M | $32M | $32M | $32M |
Compare PDFS with 7 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| PDFSYou | $1B | 337.8 | 310.7 | — | 69.8% | -0.3% | 1.7% | -0.3% | 1.3 |
| CDNS | $82B | 74.2 | 43.4 | 51.6 | 85.6% | 31.1% | 21.9% | 25.9% | 1.3 |
| ADSK | $53B | 47.0 | 33.7 | 21.8 | 96.8% | 23.3% | 39.7% | 33.3% | 1.7 |
| PTC | $19B | 25.8 | 17.8 | 21.8 | 83.8% | 35.9% | 20.9% | 14.9% | 1.2 |
| BSY | $11B | 43.0 | 33.7 | 21.2 | 81.5% | 24.1% | 24.9% | 11.4% | 3.5 |
| FIG | $2B | -7.9 | — | 9.7 | 82.4% | -122.2% | -88.2% | -95.3% | — |
| MTLS | $305M | 19.1 | 6.3 | 51.0 | 56.5% | 3.5% | 5.5% | 3.9% | 1.3 |
| SVCO | $103M | -2.2 | — | — | 79.8% | -67.5% | -72.0% | -66.3% | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 25 years · Updated daily
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Start ComparisonPDF Solutions, Inc.'s current P/E ratio is 337.8x. The historical average is 50.1x. This places it at the 100th percentile of its historical range.
PDF Solutions, Inc.'s current EV/EBITDA is 310.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 34.5x.
PDF Solutions, Inc.'s return on equity (ROE) is 1.7%. The historical average is -3.9%.
Based on historical data, PDF Solutions, Inc. is trading at a P/E of 337.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
PDF Solutions, Inc. has 69.8% gross margin and -0.3% operating margin.
PDF Solutions, Inc.'s Debt/EBITDA ratio is 1.3x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.