Palladyne AI Corp. (PDYN) Key Metrics
PDYN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $187.0M
- Enterprise value
- $235.5M
- P/E (TTM)
- —
- Forward P/E
- 4.6
- PEG ratio
- —
- Price / sales
- 15.8 10-yr median 34.2
- Price / book
- 3.8 10-yr median 1.5
- EV / EBITDA
- 0.4
- Dividend yield
- —
- Beta
- 3.65
PDYN key metrics, 2019–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPDYN valuation Price multiples at each fiscal year-end price.
PDYN returns How much profit the business earns on the capital it uses.
PDYN per-share figures Results divided by the shares outstanding at year-end.
PDYN financial health Debt, liquidity and how easily interest is covered.
PDYN efficiency & capital use Working capital cycle and where the cash goes.
PDYN valuation history
PDYN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PDYN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PDYN cash returned to shareholders
PDYN price vs earnings per share
PDYN key metrics
2019–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Valuation | |||||||
| Market capitalization | $179.5M | $328.5M | $18.5M | $82.4M | $1.13B | — | — |
| Enterprise value | $143.2M | $299.5M | −$8.2M | −$18.8M | $912.5M | — | — |
| P/E ratio | 17.9 | — | — | — | — | — | — |
| Price / sales | 34.2 | 42.2 | 3.0 | 5.7 | 222.6 | — | — |
| Price / book | 2.4 | — | 0.5 | 0.6 | 5.3 | — | — |
| EV / sales | 27.3 | 38.5 | -1.3 | -1.3 | 179.8 | — | — |
| EV / EBITDA | 16.7 | — | — | — | — | — | — |
| Earnings yield | 5.6% | −22.1% | −625.0% | −190.6% | −7.2% | — | — |
| Free cash flow yield | −15.8% | −7.0% | −418.5% | −81.2% | −4.1% | — | — |
| Dividend yield | — | — | — | 9.1% | 0.2% | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.4% | 19.0% | 0.2% | — | — |
| Share price at fiscal year-end | $4.26 | $12.27 | $0.72 | $3.37 | $59.88 | — | — |
| Per share | |||||||
| Revenue per share | $0.12 | $0.29 | $0.24 | $0.60 | $0.27 | $0.51 | — |
| Earnings per share | $0.24 | −$2.71 | −$4.51 | −$6.42 | −$4.32 | −$1.21 | — |
| Operating cash flow per share | −$0.66 | −$0.85 | −$2.99 | −$2.67 | −$2.23 | −$0.97 | — |
| Free cash flow per share | −$0.67 | −$0.85 | −$3.02 | −$2.73 | −$2.48 | −$1.03 | — |
| Cash per share | $1.12 | $1.50 | $1.52 | $4.68 | $11.51 | $1.94 | — |
| Book value per share | $1.77 | −$0.36 | $1.60 | $5.90 | $11.34 | $1.90 | — |
| Tangible book value per share | $1.18 | −$0.36 | $1.60 | $5.12 | $11.34 | $1.90 | — |
| Dividends per share | — | — | — | $0.31 | $0.11 | — | — |
| Capex per share | $0.02 | $0.01 | $0.03 | $0.06 | $0.25 | $0.05 | — |
| Debt per share | $0.26 | $0.41 | $0.48 | $0.54 | $0.00 | $0.15 | — |
| Shares outstanding | 42.1M | 26.8M | 25.6M | 24.5M | 18.9M | 17.3M | — |
| Change in shares outstanding | +57.3% | +4.4% | +4.8% | +29.7% | +8.8% | — | — |
| Returns & profitability | |||||||
| Return on equity (ROE) | 30.8% | — | −124.7% | −87.7% | −66.0% | −94.3% | −157.1% |
| Return on invested capital (ROIC) | — | — | −332.7% | −697.9% | — | −797.0% | −634.1% |
| Return on assets (ROA) | 13.2% | −124.5% | −101.4% | −77.9% | −59.5% | −80.8% | −131.5% |
| Return on tangible assets | 14.2% | −129.1% | −191.3% | −105.8% | −34.6% | −55.0% | −131.5% |
| Free cash flow margin | −540.4% | −294.0% | — | −459.1% | −922.0% | −202.3% | −164.3% |
| Income quality (OCF / net income) | −2.75 | — | — | — | — | — | — |
| Financial health | |||||||
| Total debt | $10.8M | $11.0M | $12.4M | $13.3M | $7,000 | $2.6M | — |
| Cash & short-term investments | $47.1M | $40.1M | $39.1M | $114.5M | $217.1M | $33.7M | $9.2M |
| Net debt | −$36.3M | −$29.0M | −$26.7M | −$101.2M | −$217.1M | −$31.0M | −$9.2M |
| Debt / equity | 0.14 | — | 0.30 | 0.09 | 0.00 | 0.08 | — |
| Debt / assets | 0.11 | 0.20 | 0.21 | 0.08 | 0.00 | 0.07 | — |
| Net debt / EBITDA | −4.22 | — | — | — | — | — | — |
| Current ratio | 9.28 | 9.64 | 5.33 | 12.26 | 37.06 | 10.22 | 5.67 |
| Quick ratio | 9.22 | 9.62 | 5.20 | 11.92 | 36.90 | 10.02 | 5.16 |
| Interest coverage | — | — | — | -96.7 | — | -283.8 | — |
| Working capital | $46.9M | $38.3M | $36.6M | $118.6M | $222.2M | $32.8M | $10.4M |
| Invested capital | $38.4M | −$38.6M | $14.2M | $43.2M | −$3.1M | $1.9M | $2.3M |
| Tangible asset value | $49.5M | −$9.5M | $40.9M | $125.3M | $214.0M | $32.9M | $11.5M |
| Net current asset value | $31.5M | −$23.1M | $25.5M | $105.9M | $206.5M | $31.2M | $10.4M |
| Graham number | $3.08 | — | — | — | — | — | — |
| Graham net-net per share | $0.68 | −$0.92 | $0.86 | $3.99 | $10.42 | $1.72 | — |
| Capital allocation | |||||||
| Dividends paid | — | — | — | $7.5M | $2.0M | — | — |
| Share buybacks (net) | $0 | $105,000 | $78,000 | $8.1M | $284,000 | $0 | — |
| Capex / revenue | 13.6% | 3.4% | 12.7% | 10.3% | 92.4% | 10.8% | 6.3% |
| Capex / depreciation | 0.65 | 0.32 | 0.18 | 0.42 | 8.83 | 2.07 | 2.15 |
| Stock-based compensation / revenue | 84.8% | 36.0% | 195.9% | 244.7% | 849.6% | 26.0% | 26.2% |
| R&D / revenue | 245.9% | 134.0% | 634.8% | 234.4% | 345.1% | 160.2% | 127.1% |
| SG&A / revenue | 418.3% | 269.4% | 688.0% | 504.0% | 1,274.5% | 114.5% | 97.0% |
| Efficiency | |||||||
| Days sales outstanding | 167.8 | 91.5 | 255.8 | 88.1 | 82.0 | 67.3 | 71.2 |
| Days of inventory on hand | 27.8 | 59.4 | 167.5 | 71.8 | 80.8 | 60.4 | 72.9 |
| Days payables outstanding | 101.3 | 90.3 | 177.8 | 83.3 | 125.2 | 72.8 | 80.3 |
| Cash conversion cycle (days) | 94.3 | 60.6 | 245.5 | 76.6 | 37.6 | 54.9 | 63.8 |
| Receivables turnover | 2.18 | 3.99 | 1.43 | 4.14 | 4.45 | 5.43 | 5.13 |
| Payables turnover | 3.60 | 4.04 | 2.05 | 4.38 | 2.92 | 5.01 | 4.55 |
| Inventory turnover | 13.12 | 6.14 | 2.18 | 5.08 | 4.51 | 6.04 | 5.01 |
| Asset turnover | 0.07 | 0.13 | 0.05 | 0.07 | 0.04 | 0.34 | 0.74 |
| Average receivables | $2.4M | $2.0M | $4.3M | $3.5M | $1.1M | $1.6M | $2.0M |
| Average payables | $746,500 | $863,000 | $2.5M | $2.7M | $1.3M | $1.1M | $1.3M |
| Average inventory | $205,000 | $568,000 | $2.3M | $2.3M | $856,500 | $927,500 | $1.1M |
| Intangibles / total assets | 26.3% | 0.0% | 0.0% | 11.4% | 0.0% | 0.0% | 0.0% |
Computed from PDYN's annual financial statements (latest annual report filed March 5, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
PDYN valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Palladyne AI traded at 17.9 times earnings. Palladyne AI earned a return on equity of 30.8% in fiscal 2025. It ended the year with $10.8 million of debt and $47.1 million in cash and short-term investments, a net cash position of $36.3 million.
See the PDYN income statement, the PDYN chart for price history, or the PDYN stock overview for the latest quote and news.
PDYN key metrics FAQ
What is Palladyne AI's P/E ratio?
Palladyne AI traded at 17.9 times earnings at the end of fiscal 2025.
What is Palladyne AI's EV/EBITDA?
Palladyne AI's enterprise value was 16.7 times EBITDA at the end of fiscal 2025 (enterprise value $143.2 million, EBITDA $8.6 million); the current EV/EBITDA is 0.4.
What is Palladyne AI's return on equity?
Palladyne AI's return on equity (ROE) was 30.8% in fiscal 2025: net income of $10.0 million on average shareholders' equity of $32.6 million.
How much debt does Palladyne AI have?
Palladyne AI had total debt of $10.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.14 and more cash than debt.
What is Palladyne AI's free cash flow yield?
Palladyne AI generated -$28.4 million of free cash flow in fiscal 2025, a free cash flow yield of −15.8% on its market value at year-end ($179.5 million).
What is Palladyne AI's current ratio?
Palladyne AI's current ratio was 9.28 at the end of fiscal 2025: current assets were 9.28 times current liabilities.