# PDF Solutions Inc. (PDFS) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $45.65, market value $1.9 billion.

## Valuation
- **P/E (trailing): 182.6×** (5-yr avg 336.3×, 3-yr avg 336.3×). PDF Solutions Inc. trades at 182.6× trailing earnings, well below its own five-year average of 336.3×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 28.0×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 8.0×**. Each dollar of revenue is priced at 8.0×.
- **Price / book: 5.1×**. The shares trade at 5.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 75.2×**. Enterprise value is 75.2× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -0.1%** (5-yr avg 0.2%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 0.5%**. The inverse of the P/E: 0.5% of the price is earned each year.

## Profitability
- **Operating margin: 8.2%**. 8.2% of revenue is left after running the business.
- **Net margin: -0.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -0.2%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 5.3%**. Return on all capital, debt included, is 5.3%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.5%**. Each dollar of assets produces 2.5% of profit.

## Growth
- **Revenue growth (1 yr): 22.0%** (3-yr 13.8%/yr, 5-yr 20.0%/yr). Revenue grew 22.0% over the last year, against 20.0% a year compounded over five years.
- **EPS growth (1 yr): -120.0%**. Earnings per share fell 120.0%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.25**. Debt is 0.25 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.0×**. It would take 1.0 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 9.31**. A Z-score of 9.31 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. PDF Solutions Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (6 analysts). 6 analysts cover PDF Solutions Inc.; the consensus is strong_buy, with an average price target of $61.67 (+35% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 131.8%** (YTD 60.0%, 3-mo -11.3%). The shares are up 131.8% over twelve months including dividends.
- **From 52-week high: -36.3%** (138.1% above the low). Trading 36% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 48**. An RSI of 48 is neutral.
- **Beta (1 yr): 2.77** (volatility 66%). Beta of 2.77 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PDFS · Page: https://foliofundamentals.com/stocks/pdfs

Not investment advice.