PDF SOLUTIONS INC (PDFS) Stock Fundamental Analysis
USA - NASDAQ:PDFS - US6932821050 - Common Stock
26.12 USD
+0.59 (+2.31%)
26.12 USD
0 (0%)
Taking everything into account, PDFS scores 4 out of 10 in our fundamental rating. PDFS was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. PDFS has only an average score on both its financial health and profitability. PDFS is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
PDFS had positive earnings in the past year.
PDFS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PDFS reported negative net income in multiple years.
PDFS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PDFS has a Return On Assets of 0.22%. This is comparable to the rest of the industry: PDFS outperforms 51.79% of its industry peers.
With a Return On Equity value of 0.33%, PDFS perfoms like the industry average, outperforming 51.79% of the companies in the same industry.
PDFS has a Return On Invested Capital of 0.84%. This is comparable to the rest of the industry: PDFS outperforms 48.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.22% | ||
| ROE | 0.33% | ||
| ROIC | 0.84% |
ROA(3y)0.38%
ROA(5y)-4.15%
ROE(3y)0.46%
ROE(5y)-5.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PDFS has a Profit Margin of 0.44%. This is comparable to the rest of the industry: PDFS outperforms 52.68% of its industry peers.
PDFS has a Operating Margin of 2.29%. This is comparable to the rest of the industry: PDFS outperforms 48.21% of its industry peers.
Looking at the Gross Margin, with a value of 71.31%, PDFS belongs to the top of the industry, outperforming 94.64% of the companies in the same industry.
In the last couple of years the Gross Margin of PDFS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.29% | ||
| PM (TTM) | 0.44% | ||
| GM | 71.31% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.06%
GM growth 5Y2.79%
2. Health
2.1 Basic Checks
PDFS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PDFS has been increased compared to 1 year ago.
The number of shares outstanding for PDFS has been increased compared to 5 years ago.
There is no outstanding debt for PDFS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
PDFS has an Altman-Z score of 5.07. This indicates that PDFS is financially healthy and has little risk of bankruptcy at the moment.
PDFS's Altman-Z score of 5.07 is in line compared to the rest of the industry. PDFS outperforms 59.82% of its industry peers.
A Debt/Equity ratio of 0.26 indicates that PDFS is not too dependend on debt financing.
The Debt to Equity ratio of PDFS (0.26) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.07 |
ROIC/WACC0.07
WACC11.55%
2.3 Liquidity
A Current Ratio of 2.37 indicates that PDFS has no problem at all paying its short term obligations.
PDFS has a worse Current ratio (2.37) than 64.29% of its industry peers.
PDFS has a Quick Ratio of 2.37. This indicates that PDFS is financially healthy and has no problem in meeting its short term obligations.
With a Quick ratio value of 2.37, PDFS perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.37 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 32.35% over the past year.
The Earnings Per Share has been growing by 42.75% on average over the past years. This is a very strong growth
Looking at the last year, PDFS shows a quite strong growth in Revenue. The Revenue has grown by 17.76% in the last year.
The Revenue has been growing by 15.96% on average over the past years. This is quite good.
EPS 1Y (TTM)32.35%
EPS 3Y128.03%
EPS 5Y42.75%
EPS Q2Q%5.56%
Revenue 1Y (TTM)17.76%
Revenue growth 3Y17.33%
Revenue growth 5Y15.96%
Sales Q2Q%24.16%
3.2 Future
PDFS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.38% yearly.
The Revenue is expected to grow by 19.65% on average over the next years. This is quite good.
EPS Next Y3.23%
EPS Next 2Y16.09%
EPS Next 3Y15.38%
EPS Next 5YN/A
Revenue Next Year21.87%
Revenue Next 2Y20.14%
Revenue Next 3Y19.65%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 29.02, which means the current valuation is very expensive for PDFS.
Compared to the rest of the industry, the Price/Earnings ratio of PDFS indicates a somewhat cheap valuation: PDFS is cheaper than 76.79% of the companies listed in the same industry.
PDFS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 23.35 indicates a rather expensive valuation of PDFS.
71.43% of the companies in the same industry are more expensive than PDFS, based on the Price/Forward Earnings ratio.
PDFS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.02 | ||
| Fwd PE | 23.35 |
4.2 Price Multiples
PDFS's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 86.94 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PDFS does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as PDFS's earnings are expected to grow with 15.38% in the coming years.
PEG (NY)8.99
PEG (5Y)0.68
EPS Next 2Y16.09%
EPS Next 3Y15.38%
5. Dividend
5.1 Amount
PDFS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.12
+0.59 (+2.31%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners75.33%
Inst Owner Change6.07%
Ins Owners11.14%
Ins Owner Change3.74%
Market Cap1.03B
Analysts80
Price Target30.6 (17.15%)
Short Float %4%
Short Ratio4.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.47%
Min EPS beat(2)-0.65%
Max EPS beat(2)11.59%
EPS beat(4)3
Avg EPS beat(4)12.5%
Min EPS beat(4)-0.65%
Max EPS beat(4)25.05%
EPS beat(8)6
Avg EPS beat(8)13.22%
EPS beat(12)10
Avg EPS beat(12)28.84%
EPS beat(16)14
Avg EPS beat(16)192.52%
Revenue beat(2)0
Avg Revenue beat(2)-1.78%
Min Revenue beat(2)-1.89%
Max Revenue beat(2)-1.67%
Revenue beat(4)0
Avg Revenue beat(4)-1.35%
Min Revenue beat(4)-1.89%
Max Revenue beat(4)-0.32%
Revenue beat(8)1
Avg Revenue beat(8)-0.97%
Revenue beat(12)4
Avg Revenue beat(12)0.93%
Revenue beat(16)8
Avg Revenue beat(16)1.25%
PT rev (1m)0%
PT rev (3m)-5.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.26%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.02 | ||
| Fwd PE | 23.35 | ||
| P/S | 5.26 | ||
| P/FCF | N/A | ||
| P/OCF | 72.1 | ||
| P/B | 4.01 | ||
| P/tB | 9.88 | ||
| EV/EBITDA | 86.94 |
EPS(TTM)0.9
EY3.45%
EPS(NY)1.12
Fwd EY4.28%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0.36
OCFY1.39%
SpS4.96
BVpS6.52
TBVpS2.64
PEG (NY)8.99
PEG (5Y)0.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.22% | ||
| ROE | 0.33% | ||
| ROCE | 1.34% | ||
| ROIC | 0.84% | ||
| ROICexc | 0.96% | ||
| ROICexgc | 2% | ||
| OM | 2.29% | ||
| PM (TTM) | 0.44% | ||
| GM | 71.31% | ||
| FCFM | N/A |
ROA(3y)0.38%
ROA(5y)-4.15%
ROE(3y)0.46%
ROE(5y)-5.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.06%
GM growth 5Y2.79%
F-Score5
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.42 | ||
| Cap/Depr | 354.94% | ||
| Cap/Sales | 13.86% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 117.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.37 | ||
| Quick Ratio | 2.37 | ||
| Altman-Z | 5.07 |
F-Score5
WACC11.55%
ROIC/WACC0.07
Cap/Depr(3y)162.98%
Cap/Depr(5y)123.31%
Cap/Sales(3y)7.54%
Cap/Sales(5y)6.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.35%
EPS 3Y128.03%
EPS 5Y42.75%
EPS Q2Q%5.56%
EPS Next Y3.23%
EPS Next 2Y16.09%
EPS Next 3Y15.38%
EPS Next 5YN/A
Revenue 1Y (TTM)17.76%
Revenue growth 3Y17.33%
Revenue growth 5Y15.96%
Sales Q2Q%24.16%
Revenue Next Year21.87%
Revenue Next 2Y20.14%
Revenue Next 3Y19.65%
Revenue Next 5YN/A
EBIT growth 1Y226.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-241.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-24.94%
OCF growth 3Y31.78%
OCF growth 5Y-16.97%