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PDF Solutions (PDF Solutions) Cyclically Adjusted Price-to-FCF : 91.29 (As of Apr. 28, 2024)


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What is PDF Solutions Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), PDF Solutions's current share price is $31.04. PDF Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.34. PDF Solutions's Cyclically Adjusted Price-to-FCF for today is 91.29.

The historical rank and industry rank for PDF Solutions's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PDFS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.94   Med: 58.73   Max: 235.63
Current: 90.38

During the past years, PDF Solutions's highest Cyclically Adjusted Price-to-FCF was 235.63. The lowest was 26.94. And the median was 58.73.

PDFS's Cyclically Adjusted Price-to-FCF is ranked worse than
80.15% of 670 companies
in the Software industry
Industry Median: 28.305 vs PDFS: 90.38

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

PDF Solutions's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.010. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PDF Solutions Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PDF Solutions's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PDF Solutions Cyclically Adjusted Price-to-FCF Chart

PDF Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.09 56.74 85.13 69.92 93.59

PDF Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.92 103.80 133.55 90.27 93.59

Competitive Comparison of PDF Solutions's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, PDF Solutions's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PDF Solutions's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, PDF Solutions's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where PDF Solutions's Cyclically Adjusted Price-to-FCF falls into.



PDF Solutions Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

PDF Solutions's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.04/0.34
=91.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PDF Solutions's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PDF Solutions's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Dec. 2023) = 129.4194.

PDF Solutions Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.349 99.695 0.453
201406 0.165 100.560 0.212
201409 0.254 100.428 0.327
201412 0.005 99.070 0.007
201503 0.448 99.621 0.582
201506 -0.002 100.684 -0.003
201509 0.113 100.392 0.146
201512 0.223 99.792 0.289
201603 0.070 100.470 0.090
201606 -0.140 101.688 -0.178
201609 -0.146 101.861 -0.186
201612 -0.068 101.863 -0.086
201703 -0.081 102.862 -0.102
201706 -0.038 103.349 -0.048
201709 0.100 104.136 0.124
201712 0.030 104.011 0.037
201803 0.025 105.290 0.031
201806 0.128 106.317 0.156
201809 -0.143 106.507 -0.174
201812 -0.002 105.998 -0.002
201903 -0.077 107.251 -0.093
201906 0.107 108.070 0.128
201909 0.469 108.329 0.560
201912 -0.066 108.420 -0.079
202003 0.101 108.902 0.120
202006 0.103 108.767 0.123
202009 -0.033 109.815 -0.039
202012 0.253 109.897 0.298
202103 -0.241 111.754 -0.279
202106 0.205 114.631 0.231
202109 0.065 115.734 0.073
202112 -0.025 117.630 -0.028
202203 0.033 121.301 0.035
202206 0.022 125.017 0.023
202209 -0.023 125.227 -0.024
202212 0.603 125.222 0.623
202303 -0.100 127.348 -0.102
202306 -0.223 128.729 -0.224
202309 0.422 129.860 0.421
202312 -0.010 129.419 -0.010

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


PDF Solutions  (NAS:PDFS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


PDF Solutions Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of PDF Solutions's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


PDF Solutions (PDF Solutions) Business Description

Industry
Traded in Other Exchanges
Address
2858 De La Cruz Boulevard, Santa Clara, CA, USA, 95050
PDF Solutions Inc offers products and services designed to empower engineers and data scientists across the semiconductor ecosystem to improve the yield, quality, and profitability of their products. The solutions combine proprietary software, physical intellectual property (or IP) for integrated circuit (or IC) designs, electrical measurement hardware tools, proven methodologies, and professional services. The company's products and services are sold to integrated device manufacturers (or IDMs), fabless semiconductor companies, foundries, outsourced semiconductor assembly and test (or OSATs), and system houses.
Executives
Michael B Gustafson director 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Nancy Erba director C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Shuo Zhang director PDF SOLUTIONS, INC., 2858 DE LA CRUZ BOULEVARD, SANTA CLARA CA 95050
Andrzej Strojwas officer: CTO 2858 DE LA CRUZ BLVD., SANTA CLARA CA 95050
Adnan Raza officer: EVP, Finance and CFO PDF SOLUTIONS, 2858 DE LA CRUZ BOULEVARD, SANTA CLARA CA 95050
Joseph R Bronson director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Ye Jane Li director 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Kimon Michaels director, officer: EVP of Products and Solutions 333 WEST SAN CARLOS STREET, SUITE 700, SAN JOSE CA 95110
Marco Iansiti director 92 HAVEN ST., DOVER MA 02038
Gerald Zheyao Yin director 2-10 WEIFANG XI ROAD, PUDONG NEW DISTRICT, SHANGHAI F4 200122
Russell Christine officer: VP, Finance and CFO 17165 PINE STREET, LOS GATOS CA 95032
Lucio Lanza director 141 CASPIAN COURT, SUNNYVALE CA 94089
Kwangh Kim officer: VP of Business Development 333 WEST SAN CARLOS STREET, SUITE 1000, SAN JOSE CA 95110
Gregory C Walker officer: CFO, VP Finance 2 RESULTS WAY, CUPERTINO CA 95014
Hartgring Cornelis officer: VP- Client Services & Sales 333 WEST SAN CARLOS STREET, SUITE 700, SAN JOSE CA 95110