PDFSPDF Solutions, Inc.
Is it safe?
Mixed picture: clean books and comfortable debt (AA), but quality weak and big price swings.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Weak, deteriorating fundamentals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Insiders were net sellers (-$228K, 90 days to Oct 8, 2026), selling is often routine.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -68% · now 21% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can PDFS take a bad year?
PDF Solutions, Inc. holds $48M more cash than debt, and is burning $451K a quarter, about 63.6 years of cover.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Cash runway
- 5+ years
Cash runway · burning $451K a quarter at the current rate
- Annualised volatility
- 59%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $67M
- Cash and short-term investments
- $115M
- Net cash
- $48M
- EBITDA, trailing twelve months
- $26M
- Operating profit, trailing twelve months
- $20M
- Debt / equity
- 0.18×
- Total debt / EBITDA
- 2.57×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −68%
- Below its 52-week high
- 21%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.