PDFS
PDF Solutions, Inc.Technology · $1.9B market cap
Is PDFS undervalued?
Share price
$38.97
as of Nov 3, 2026
Fair value
$35.41
Sticker Price
Payback Price
$14.16
buy price
Based on annual results to Dec 2025.
OverpricedPDFS is Overpriced: at $38.97 it trades 10% above its fair value of $35.41. Its buy price (Payback Price) is $14.16, 64% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.
How we valued it
Sales-Based (P/S). Its earnings are small compared with its price, so no reasonable earnings multiple can value it. We value it on its sales instead, at the price-to-sales ratio it has typically traded at.
Business quality
0 of 5 clear the 10% bar. What are the Big Five?
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What is PDFS's fair value?
$35.41 as of Nov 3, 2026, worked out with the Sales-Based (P/S). Its earnings are small compared with its price, so no reasonable earnings multiple can value it. We value it on its sales instead, at the price-to-sales ratio it has typically traded at.
At what price would PDFS be a buy?
At or below its buy price of $14.16, a 60% margin of safety below its fair value.
Is PDFS undervalued right now?
PDFS is Overpriced: at $38.97 it trades 10% above its fair value and 175% above its buy price.
How can I check PDFS's value myself?
Use the free Sticker Price calculator, already filled with PDFS's numbers. Change the growth, P/E or required return and see what you'd pay. Open the calculator →
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About PDF Solutions, Inc.
PDF Solutions, Inc. offers a comprehensive array of solutions to the semiconductor sector, encompassing proprietary software, physical intellectual property for integrated circuit designs, electrical measurement hardware, proven methodologies, and professional services. The company maintains a global presence, with significant operations in the United States, China, Japan, Taiwan, and other international regions. At the core of their software portfolio is the Exensio platform. This includes Manufacturing Analytics, which centralizes collected data, providing engineers with a consistent view to effectively identify and analyze production yield, performance, and reliability issues. Process Control delivers capabilities for failure detection, classification, and robust monitoring and management of manufacturing tool sets. Test Operations focuses on efficient data collection and analytical functionalities, while Assembly Operations is designed to seamlessly link assembly, packaging, fabrication, and characterization data throughout a product's entire lifespan. Beyond software, PDF Solutions provides advanced hardware and systems such as their design-for-inspection (DFI) Systems, featuring DFI on-chip instruments, and the eProbe, a non-contact E-beam tool. They also offer the Characterization Vehicle (CV) system, which comprises CV test chips, pdFasTest electrical testers, and specialized Exensio characterization software tailored to process measurements gathered from DFI on-chip instruments using the eProbe tool. Further enhancing their product suite are Cimetrix software products, which facilitate the implementation of industry-standard interfaces for equipment manufacturers. Their service offerings extend to software-as-a-service (SaaS) subscriptions, various software-related support, and dedicated characterization services. PDF Solutions engages a broad spectrum of clients—including integrated device manufacturers, fabless semiconductor companies, foundries, equipment manufacturers, electronics manufacturing suppliers, original device manufacturers, outsourced semiconductor assembly and test firms, and system houses—through a combination of direct sales, dedicated service teams, and strategic alliances. Established in 1991, the company's headquarters are located in Santa Clara, California.
Software - Application
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of Nov 3, 2026. How the Payback Price works