PDF SOLUTIONS INC (PDFS) Stock Fundamental Analysis
NASDAQ:PDFS - Nasdaq - US6932821050 - Common Stock - Currency: USD
Overall PDFS gets a fundamental rating of 5 out of 10. We evaluated PDFS against 109 industry peers in the Semiconductors & Semiconductor Equipment industry. PDFS is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. PDFS is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year PDFS was profitable.
In the past year PDFS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: PDFS reported negative net income in multiple years.
Each year in the past 5 years PDFS had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.29%, PDFS perfoms like the industry average, outperforming 50.46% of the companies in the same industry.
Looking at the Return On Equity, with a value of 1.65%, PDFS is in line with its industry, outperforming 49.54% of the companies in the same industry.
With a Return On Invested Capital value of 0.23%, PDFS perfoms like the industry average, outperforming 45.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 1.65% | ||
| ROIC | 0.23% |
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 2.26%. This is comparable to the rest of the industry: PDFS outperforms 52.29% of its industry peers.
PDFS's Operating Margin of 0.52% is in line compared to the rest of the industry. PDFS outperforms 45.87% of its industry peers.
Looking at the Gross Margin, with a value of 69.83%, PDFS belongs to the top of the industry, outperforming 92.66% 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 | 0.52% | ||
| PM (TTM) | 2.26% | ||
| GM | 69.83% |
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.
PDFS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PDFS has been increased compared to 5 years ago.
PDFS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
PDFS has an Altman-Z score of 6.72. This indicates that PDFS is financially healthy and has little risk of bankruptcy at the moment.
PDFS has a better Altman-Z score (6.72) than 72.48% of its industry peers.
PDFS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 6.72 |
ROIC/WACC0.02
WACC11.06%
2.3 Liquidity
PDFS has a Current Ratio of 3.40. This indicates that PDFS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of PDFS (3.40) is comparable to the rest of the industry.
PDFS has a Quick Ratio of 3.40. This indicates that PDFS is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 3.40, PDFS is doing good in the industry, outperforming 69.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.4 | ||
| Quick Ratio | 3.4 |
3. Growth
3.1 Past
PDFS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.70%, which is quite good.
Measured over the past years, PDFS shows a very strong growth in Earnings Per Share. The EPS has been growing by 42.75% on average per year.
PDFS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.22%.
The Revenue has been growing by 15.96% on average over the past years. This is quite good.
EPS 1Y (TTM)13.7%
EPS 3Y128.03%
EPS 5Y42.75%
EPS Q2Q%66.67%
Revenue 1Y (TTM)8.22%
Revenue growth 3Y17.33%
Revenue growth 5Y15.96%
Sales Q2Q%21.79%
3.2 Future
Based on estimates for the next years, PDFS will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.05% on average per year.
Based on estimates for the next years, PDFS will show a quite strong growth in Revenue. The Revenue will grow by 17.64% on average per year.
EPS Next Y5.69%
EPS Next 2Y18.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year16.32%
Revenue Next 2Y17.64%
Revenue Next 3YN/A
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.36 indicates a rather expensive valuation of PDFS.
PDFS's Price/Earnings ratio is a bit cheaper when compared to the industry. PDFS is cheaper than 70.64% of the companies in the same industry.
PDFS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.92.
The Price/Forward Earnings ratio is 21.16, which indicates a rather expensive current valuation of PDFS.
Based on the Price/Forward Earnings ratio, PDFS is valued a bit cheaper than 66.97% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.65, PDFS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.36 | ||
| Fwd PE | 21.16 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as PDFS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 71.01 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as PDFS's earnings are expected to grow with 18.05% in the coming years.
PEG (NY)3.93
PEG (5Y)0.52
EPS Next 2Y18.05%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PDFS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
18.56
+0.85 (+4.8%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners74.48%
Inst Owner Change0.03%
Ins Owners11.04%
Ins Owner Change-0.67%
Market Cap725.88M
Analysts82
Price Target36.98 (99.25%)
Short Float %1.82%
Short Ratio2.4
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)2
Avg EPS beat(2)19.52%
Min EPS beat(2)14%
Max EPS beat(2)25.05%
EPS beat(4)4
Avg EPS beat(4)16.63%
Min EPS beat(4)1.42%
Max EPS beat(4)26.05%
EPS beat(8)7
Avg EPS beat(8)18.34%
EPS beat(12)11
Avg EPS beat(12)36.83%
EPS beat(16)14
Avg EPS beat(16)190.24%
Revenue beat(2)0
Avg Revenue beat(2)-0.92%
Min Revenue beat(2)-1.51%
Max Revenue beat(2)-0.32%
Revenue beat(4)0
Avg Revenue beat(4)-1.04%
Min Revenue beat(4)-1.51%
Max Revenue beat(4)-0.32%
Revenue beat(8)2
Avg Revenue beat(8)-0.69%
Revenue beat(12)6
Avg Revenue beat(12)1.61%
Revenue beat(16)9
Avg Revenue beat(16)1.53%
PT rev (1m)0%
PT rev (3m)-14.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-19.43%
EPS NY rev (1m)0.38%
EPS NY rev (3m)-14.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.04%
Revenue NY rev (1m)1.34%
Revenue NY rev (3m)-3.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.36 | ||
| Fwd PE | 21.16 | ||
| P/S | 4.04 | ||
| P/FCF | N/A | ||
| P/OCF | 74.81 | ||
| P/B | 2.95 | ||
| P/tB | 3.32 | ||
| EV/EBITDA | 71.01 |
EPS(TTM)0.83
EY4.47%
EPS(NY)0.88
Fwd EY4.73%
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)0.25
OCFY1.34%
SpS4.59
BVpS6.29
TBVpS5.59
PEG (NY)3.93
PEG (5Y)0.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.29% | ||
| ROE | 1.65% | ||
| ROCE | 0.37% | ||
| ROIC | 0.23% | ||
| ROICexc | 0.42% | ||
| ROICexgc | 0.52% | ||
| OM | 0.52% | ||
| PM (TTM) | 2.26% | ||
| GM | 69.83% | ||
| 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-Score7
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 259.29% | ||
| Cap/Sales | 9.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 124.49% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.4 | ||
| Quick Ratio | 3.4 | ||
| Altman-Z | 6.72 |
F-Score7
WACC11.06%
ROIC/WACC0.02
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)13.7%
EPS 3Y128.03%
EPS 5Y42.75%
EPS Q2Q%66.67%
EPS Next Y5.69%
EPS Next 2Y18.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)8.22%
Revenue growth 3Y17.33%
Revenue growth 5Y15.96%
Sales Q2Q%21.79%
Revenue Next Year16.32%
Revenue Next 2Y17.64%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y736.05%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-358.62%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-33.54%
OCF growth 3Y31.78%
OCF growth 5Y-16.97%