PDF Solutions, Inc. (PDFS) Financial Ratios
26 years of historical data (2000–2025) · Technology · Software - Application
EV/EBITDA
↓
153.82
↓-22% vs avg
5yr avg: 196.91
30Y Low11.4·High69.2
P/FCF
↓
N/A
—
5yr avg: 2219.70
30Y Low6.1·High90.9
P/B Ratio
↓
9.48
↑+95% vs avg
5yr avg: 4.87
30Y Low0.7·High6.0
ROE
↑
-0.2%
↓+85% vs avg
5yr avg: -1.6%
30Y Low-89%·High25%
Debt/EBITDA
↑
4.46
↑+100% vs avg
5yr avg: 2.23
30Y Low0.0·High4.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PDFS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
PDF Solutions, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.6B | $1.1B | $1.1B | $1.3B | $1.1B | $1.2B | $744M | $547M | $271M | $503M | $731M |
| Enterprise Value | $2.6B | $1.2B | $972M | $1.2B | $952M | $1.2B | $722M | $459M | $175M | $402M | $615M |
| P/E Ratio → | -4009.82 | — | 270.80 | 403.26 | — | — | — | — | — | — | 80.54 |
| P/S Ratio | 11.91 | 5.12 | 5.89 | 7.55 | 7.16 | 10.63 | 8.45 | 6.40 | 3.16 | 4.94 | 6.81 |
| P/B Ratio | 9.48 | 4.14 | 4.30 | 5.47 | 5.07 | 5.38 | 3.17 | 2.79 | 1.36 | 2.54 | 3.68 |
| P/FCF | — | — | — | 400.46 | 44.86 | 6213.77 | 50.24 | 39.00 | 1221.55 | 1734.47 | — |
| P/OCF | 108.48 | 46.64 | 108.98 | 85.71 | 32.94 | 278.25 | 34.17 | 22.26 | 20.33 | 47.70 | 365.66 |
P/E links to full P/E history page with 30-year chart
PDFS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
PDF Solutions, Inc.'s enterprise value stands at 153.8x EBITDA, 22% below its 5-year average of 196.9x. The Technology sector median is 16.7x, placing the stock at a 819% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.28 | 5.42 | 6.99 | 6.41 | 10.44 | 8.21 | 5.37 | 2.04 | 3.94 | 5.72 |
| EV / EBITDA | 153.82 | 67.27 | 241.79 | 225.46 | 253.13 | — | — | — | — | 68.70 | 35.41 |
| EV / EBIT | 452.14 | 161.56 | 1039.55 | — | — | — | — | — | — | 2114.37 | 47.43 |
| EV / FCF | — | — | — | 370.77 | 40.13 | 6104.99 | 48.76 | 32.72 | 788.72 | 1385.27 | — |
PDFS Profitability
Margins and return-on-capital ratios measuring operating efficiency
PDF Solutions, Inc. earns an operating margin of 2.7%. Operating margins have expanded from -0.7% to 2.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -0.2% indicates the company is currently destroying shareholder equity. ROIC of 1.9% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 74.0% | 74.0% | 69.8% | 68.8% | 67.8% | 60.2% | 58.2% | 60.9% | 50.1% | 53.4% | 58.6% |
| Operating Margin | 2.7% | 2.7% | -0.3% | -0.7% | -2.0% | -15.0% | -19.0% | -8.7% | -11.6% | 0.2% | 12.1% |
| Net Profit Margin | -0.3% | -0.3% | 2.3% | 1.9% | -2.3% | -19.3% | -45.8% | -6.3% | -9.0% | -1.3% | 8.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.2% | -0.2% | 1.7% | 1.4% | -1.6% | -9.5% | -18.7% | -2.7% | -3.9% | -0.7% | 4.9% |
| ROA | -0.2% | -0.2% | 1.3% | 1.1% | -1.2% | -7.7% | -15.3% | -2.3% | -3.4% | -0.6% | 4.4% |
| ROIC | 1.9% | 1.9% | -0.3% | -0.7% | -1.5% | -6.1% | -7.8% | -5.3% | -7.4% | 0.2% | 14.9% |
| ROCE | 1.9% | 1.9% | -0.2% | -0.5% | -1.3% | -7.0% | -7.3% | -3.6% | -4.8% | 0.1% | 6.8% |
PDFS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
PDF Solutions, Inc. carries a Debt/EBITDA ratio of 4.5x, which is highly leveraged (52% above the sector average of 2.9x). Net debt stands at $34M ($77M total debt minus $42M cash). Interest coverage of just 1.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.28 | 0.28 | 0.02 | 0.03 | 0.03 | 0.03 | 0.04 | 0.05 | — | — | — |
| Debt / EBITDA | 4.46 | 4.46 | 1.29 | 1.20 | 1.95 | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.13 | -0.35 | -0.41 | -0.53 | -0.09 | -0.09 | -0.45 | -0.48 | -0.51 | -0.59 |
| Net Debt / EBITDA | 2.00 | 2.00 | -21.25 | -18.06 | -29.86 | — | — | — | — | -17.32 | -6.73 |
| Debt / FCF | — | — | — | -29.69 | -4.73 | -108.78 | -1.48 | -6.27 | -432.83 | -349.20 | — |
| Interest Coverage | 1.81 | 1.81 | 0.17 | — | — | — | -13.23 | — | -19.02 | — | 1295.60 |
PDFS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
PDF Solutions, Inc.'s current ratio of 2.28x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 3.89x to 2.28x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.28 | 2.28 | 3.40 | 3.89 | 3.32 | 4.30 | 4.58 | 5.27 | 8.05 | 8.29 | 9.19 |
| Quick Ratio | 2.28 | 2.28 | 3.40 | 3.89 | 3.32 | 4.30 | 4.58 | 5.27 | 8.05 | 8.29 | 9.19 |
| Cash Ratio | 0.59 | 0.59 | 1.90 | 2.67 | 2.39 | 3.20 | 3.44 | 3.49 | 4.92 | 5.12 | 6.31 |
| Asset Turnover | — | 0.52 | 0.57 | 0.57 | 0.53 | 0.41 | 0.31 | 0.36 | 0.38 | 0.45 | 0.48 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 138.21 | 149.79 | 98.83 | 103.60 | 131.75 | 141.53 | 173.37 | 219.40 | 206.25 | 163.57 |
PDFS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
PDF Solutions, Inc. returns 0.0% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 0.4% | 0.2% | — | — | — | — | — | — | 1.2% |
| FCF Yield | — | — | — | 0.2% | 2.2% | 0.0% | 2.0% | 2.6% | 0.1% | 0.1% | — |
| Buyback Yield | 0.0% | 0.0% | 0.7% | 0.1% | 2.1% | 0.4% | 0.0% | 1.8% | 1.9% | 2.7% | 0.3% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.7% | 0.1% | 2.1% | 0.4% | 0.0% | 1.8% | 1.9% | 2.7% | 0.3% |
| Shares Outstanding | — | $39M | $39M | $39M | $37M | $37M | $34M | $32M | $32M | $32M | $32M |
Peer Comparison
Compare PDFS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PDFSYou | $3B | -4009.8 | 153.8 | — | 74.0% | 2.7% | -0.2% | 1.9% | 4.5 |
 ONTO | $17B | 120.1 | 84.2 | 55.4 | 49.7% | 13.2% | 6.8% | 5.7% | 0.1 |
 COHU | $3B | -43.6 | — | 303.8 | 34.5% | -13.3% | -9.0% | -5.7% | — |
 ACLS | $6B | 49.4 | 41.3 | 53.9 | 44.9% | 14.2% | 11.7% | 9.6% | 0.3 |
 PRGS | $1B | 17.9 | 12.6 | 5.5 | 80.8% | 15.7% | 15.9% | 7.4% | 5.3 |
 KLAC | $34B | 8.5 | 6.8 | 9.1 | 62.3% | 43.1% | 100.8% | 46.5% | 1.1 |
 MKSI | $27B | 93.0 | 34.5 | 55.0 | 40.4% | 14.4% | 11.7% | 6.5% | 5.2 |
 AZTA | $1B | -19.1 | 18.1 | 28.0 | 45.5% | -1.9% | -3.2% | -0.5% | 2.2 |
 CAMT | $9B | 187.7 | 72.4 | 70.2 | 50.5% | 25.8% | 8.7% | 12.1% | 4.1 |
 INTC | $673B | -2274.9 | 60.4 | — | 34.8% | -0.0% | -0.2% | -0.0% | 4.0 |
 TSM | $2.4T | 43.7 | 27.9 | 69.1 | 59.9% | 50.8% | 35.7% | 42.7% | 0.4 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 26 years · Updated daily
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PDFS — Frequently Asked Questions
Quick answers to the most common questions about buying PDFS stock.
What is PDF Solutions, Inc.'s P/E ratio?
PDF Solutions, Inc.'s current P/E ratio is -4009.8x. The historical average is 50.1x.
What is PDF Solutions, Inc.'s EV/EBITDA?
PDF Solutions, Inc.'s current EV/EBITDA is 153.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 37.0x.
What is PDF Solutions, Inc.'s ROE?
PDF Solutions, Inc.'s return on equity (ROE) is -0.2%. The historical average is -3.8%.
Is PDFS stock overvalued?
Based on historical data, PDF Solutions, Inc. is trading at a P/E of -4009.8x. Compare with industry peers and growth rates for a complete picture.
What are PDF Solutions, Inc.'s profit margins?
PDF Solutions, Inc. has 74.0% gross margin and 2.7% operating margin.
How much debt does PDF Solutions, Inc. have?
PDF Solutions, Inc.'s Debt/EBITDA ratio is 4.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.