NasdaqGS:PDFS

Stock Analysis Report

Executive Summary

PDF Solutions, Inc. provides hardware, software, and intellectual property products to integrated circuit (IC) vendors in the United States, China, Taiwan, Germany, and internationally.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has PDF Solutions's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

7.4%

NasdaqGS:PDFS

0.8%

US Semiconductor

1.1%

US Market


1 Year Return

51.2%

NasdaqGS:PDFS

11.3%

US Semiconductor

2.1%

US Market

PDFS outperformed the Semiconductor industry which returned 11.1% over the past year.

PDFS outperformed the Market in United States of America which returned 2% over the past year.


Share holder returns

PDFSIndustryMarket
7 Day7.4%0.8%1.1%
30 Day17.8%7.7%3.7%
90 Day6.3%12.3%2.3%
1 Year51.2%51.2%13.3%11.3%4.4%2.1%
3 Year-18.6%-18.6%83.6%72.9%47.0%37.4%
5 Year-26.1%-26.1%123.2%100.4%61.6%43.8%

Price Volatility Vs. Market

How volatile is PDF Solutions's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is PDF Solutions undervalued based on future cash flows and its price relative to the stock market?

2.25x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for PDF Solutions to establish if it is available at moderate discount.

Unable to calculate intrinsic value for PDF Solutions to establish if it is available at substantial discount.


Price Based on Earnings

PDF Solutions is loss making, we can't compare its value to the US Semiconductor industry average.

PDF Solutions is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for PDF Solutions, we can't assess if its growth is good value.


Price Based on Value of Assets

PDF Solutions is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is PDF Solutions expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

113.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

PDF Solutions's revenue is expected to grow by 19.7% yearly, however this is not considered high growth (20% yearly).

PDF Solutions's earnings are expected to grow significantly at over 20% yearly.

PDF Solutions's revenue growth is expected to exceed the United States of America market average.

PDF Solutions's earnings growth is expected to exceed the United States of America market average.

PDF Solutions's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if PDF Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has PDF Solutions performed over the past 5 years?

-63.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

PDF Solutions does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare PDF Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare PDF Solutions's 1-year growth to the US Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if PDF Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if PDF Solutions has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if PDF Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is PDF Solutions's financial position?


Financial Position Analysis

PDF Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

PDF Solutions's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

PDF Solutions has no debt.

PDF Solutions has not taken on any debt in the past 5 years.

PDF Solutions has no debt, it does not need to be covered by operating cash flow.

PDF Solutions has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

PDF Solutions has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is PDF Solutions's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate PDF Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate PDF Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as PDF Solutions has not reported any payouts.

Unable to verify if PDF Solutions's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as PDF Solutions has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of PDF Solutions's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average management tenure


CEO

John Kibarian (55yo)

19.2yrs

Tenure

US$400,405

Compensation

Dr. John K. Kibarian, Ph.D., is a Co-Founder of PDF Solutions Inc. and has been its President since November 1991 and Chief Executive Officer since July 2000. Dr. Kibarian served as Co-Chair of Electronic  ...


CEO Compensation Analysis

John's remuneration is lower than average for companies of similar size in United States of America.

John's compensation has increased whilst company is loss making.


Management Age and Tenure

1.1yrs

Average Tenure

60yo

Average Age

The average tenure for the PDF Solutions management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

54.5yo

Average Age

The average tenure for the PDF Solutions board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$12,94914 Jun 19
Michael Gustafson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$12.95
SellUS$2,154,69419 Apr 19
Viex Capital Advisors, LLC
EntityCompany
Shares165,931
Max PriceUS$13.51
BuyUS$2,754,43903 Dec 18
Viex Capital Advisors, LLC
EntityCompany
Shares317,761
Max PriceUS$9.01
BuyUS$5,232,61920 Nov 18
Viex Capital Advisors, LLC
EntityCompany
Shares623,042
Max PriceUS$8.89

Ownership Breakdown


Management Team

  • Christine Russell (69yo)

    CFO & Executive VP of Finance

    • Tenure: 1.1yrs
    • Compensation: US$1.38m
  • Greg Walker (65yo)

    Executive Officer

    • Tenure: 1.1yrs
    • Compensation: US$330.34k
  • Kimon Michaels (53yo)

    Co-Founder

    • Tenure: 23.8yrs
    • Compensation: US$350.41k
  • John Kibarian (55yo)

    Co-Founder

    • Tenure: 19.2yrs
    • Compensation: US$400.41k
  • Peter Cohn

    Secretary

    • Tenure: 0yrs
  • Andrzej Strojwas

    Chief Technologist

    • Tenure: 0yrs
  • David Park

    Vice President of Marketing

    • Tenure: 0yrs

Board Members

  • Joe Bronson (71yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$95.15k
  • Mike Gustafson (52yo)

    Director

    • Tenure: 1.1yrs
    • Compensation: US$183.37k
  • Marco Iansiti (58yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$93.38k
  • Kimon Michaels (53yo)

    Co-Founder

    • Tenure: 23.8yrs
    • Compensation: US$350.41k
  • John Kibarian (55yo)

    Co-Founder

    • Tenure: 19.2yrs
    • Compensation: US$400.41k
  • Zheyao Yin (75yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$140.09k
  • Shuo Zhang (54yo)

    Independent Director

    • Tenure: 0.2yrs
  • Nancy Erba (52yo)

    Director

    • Tenure: 0.3yrs

Company Information

PDF Solutions, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PDF Solutions, Inc.
  • Ticker: PDFS
  • Exchange: NasdaqGS
  • Founded: 1992
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$439.598m
  • Shares outstanding: 32.44m
  • Website: https://www.pdf.com

Number of Employees


Location

  • PDF Solutions, Inc.
  • 2858 De La Cruz Boulevard
  • Santa Clara
  • California
  • 95050
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PDFSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 2001
PD9DB (Deutsche Boerse AG)YesCommon StockDEEURJul 2001

Biography

PDF Solutions, Inc. provides hardware, software, and intellectual property products to integrated circuit (IC) vendors in the United States, China, Taiwan, Germany, and internationally. It offers Exensio p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 23:39
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.