Palladyne AI Corp.

PDYN
Price: $3.09Market Cap: $158.8M

Investment snapshot

6%positive consensus
Scored 1d ago

Positive

1

BUY / PASS

Neutral / negative

3 / 12

NEUTRAL / FAIL

Median fair value

$2.94

-4.9% vs price

Models with upside

0 / 17

Positive margin of safety

Strongest signal

8 of 12 pass — Graham, Buffett, Lynch +1 more object

Key risk

All 8 investors flag PDYN's growth

Framework analysis

VerdictMeaning
BUYPositive purchase signal: the framework's buy requirements are met.
PASSThe company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state.
NEUTRALNeither a positive nor negative conclusion. It does not mean to hold an existing position.
FAILThe company does not clear the framework's requirements.
RankedRanked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL.

Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.

MetricGraham

Defensive Value

Buffett

Quality Compounder

Lynch

GARP

Greenblatt

Magic Formula

Piotroski

F-Score

Dreman

Contrarian Value

Munger

Quality Focus

Pabrai

Dhandho Framework

Akre

Three-Legged Stool

Marks

Risk-Aware Value

Ackman

Activist Value

Templeton

Global Bargain Hunter

Sleep

Scale Economies Shared

Asness

Systematic Factors

Neff

Low-P/E Total Return

Schloss

Asset-Value Discipline

O'Shaughnessy

Systematic Factor Composite

VerdictFAILFAILFAILFAIL · Rank #2608 (Top 84.2%)FAILFAILNEUTRALNEUTRALFAILFAILFAILPASSFAILFAILFAILFAILNEUTRAL
Score
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Intrinsic Value (annual)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Margin of Safety-5.1%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Financial Basis

TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Annual history · FY 2025

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-03-05

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-09-30 vs 2025-09-30 · TTM ended 2026-09-30

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-03-05

Score computed: 2026-11-14

Annual history · FY 2025

Latest source filing: 2026-03-05

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2025

Latest source filing: 2026-03-05

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2025

Latest source filing: 2026-03-05

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment · TTM ended 2026-09-30

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-03-05

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-09-30 · Market data at 2026-11-01

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Annual history · FY 2025 · Price history 2025-01-01–2026-11-01

Latest source filing: 2026-03-05

Score computed: 2026-11-14

Annual history · FY 2025 · Qualitative assessment

Latest source filing: 2026-03-05

Score computed: 2026-11-14

TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Annual history · FY 2025 · TTM ended 2026-09-30

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Annual history · FY 2025 · Balance sheet at 2026-09-30

Latest source filing: 2026-11-10

Score computed: 2026-11-14

TTM ended 2026-09-30 · Annual history · FY 2025 · Price history 2025-01-01–2026-11-01

Latest source filing: 2026-11-10

Score computed: 2026-11-14

Where It Passes

  • Debt & Leverage67% pass✓ 11✗ 4▾

    8 of 12 pass — Graham, Buffett, Lynch +1 more object

    LT Debt vs Net Current Assets
    ✗GrahamLT Debt <= Net Current Assets
    Debt/Equity & Interest CoverageD/E: 0.01, IC: N/A
    ✗BuffettD/E < 0.5 AND Interest Coverage > 5x
    Total Debt / Equity0.01
    ✓Lynch< 0.33
    Cash - Long-term Debt
    ✗LynchPositive preferred
    LT Debt / Total Assets Change0.00% -> 0.00%
    ✓PiotroskiDecreased YoY
    Current Assets / Current Liabilities6.27
    ✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)
    Total Debt / Shareholders' Equity0.01
    ✓Dreman< 0.8✓Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✓SchlossD/E < 1.00x
    Debt Levels0.01
    ✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3
    Interest Coverage & Debt/EBITDA
    ✗MarksInterest Coverage > 3x; Debt/EBITDA < 4x
    Total Debt / Shareholders Equity0.01
    ✓Ackman<= 1.0
    Negative debt-to-equity (higher means less debt)-0.0124; #656/4210 (top 15.6%)
    ✓AsnessTop 30% of eligible cross-section

Where It Falls Short

  • Growth0% pass✗ 13▾

    All 8 investors flag PDYN's growth

    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Basic earnings-growth PEG (dividends excluded)P/E 12.9x (growth N/A)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    Inventory Growth vs Revenue GrowthInv: 1800.0% vs Rev: 349.6%
    ✗LynchInventory growth < Revenue growth
    EPS Growth Direction
    ✗DremanPositive over recent years
    EPS CAGR
    ✗Dreman> 5% annualized
    Positive Net Income Frequency1/6 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    3yr Median Revenue Growth-32.6%
    ✗Ackman>= 5%
    Positive EPS Growth Frequency
    ✗AckmanPositive EPS growth in >= 3 of last 5 years
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Revenue growth vs. gross and operating margin trendgross margin 18.0% -> 48.7%, operating margin -1968.0% -> -617.7%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    5-year Revenue CAGR-9.9%
    ✗SleepCAGR > 7%
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
  • Profitability6% pass✓ 5✗ 30▾

    15 of 16 flag PDYN's profitability — Graham, Buffett, Lynch +12 more

    Positive EPS (10 years)1/7 years positive
    ✗GrahamPositive EPS every year for 10 years
    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Net Income Positive (10+ years)1/7 years positive
    ✗BuffettPositive every year for 10+ years
    ROE (up to 5-year arithmetic mean)-95.9%
    ✗Buffett> 15% arithmetic mean (app rule)
    Operating Margin (10-yr trend)-617.7% (latest)
    ✓BuffettStable or rising over 10 years
    Free Cash Flow Proxy
    ✗BuffettPositive and growing
    Earnings Variance (10-yr CoV)
    ✗BuffettCoV < 0.3
    Retained Earnings Effectiveness
    ✗Buffett$1 retained -> > $1 market value created
    Basic earnings-growth PEG (dividends excluded)P/E 12.9x (growth N/A)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    ROE-51.0%
    ✗Lynch> 15%
    EBIT / Enterprise Value-22.9%
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=-22.9%, ROC=-86.3%
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Net Income / Total Assets10.49%
    ✓PiotroskiROA > 0
    ROA Change YoY-129.09% -> 10.49% (delta: +139.58%)
    ✓PiotroskiCurrent ROA > Prior ROA
    (CFO / Total Assets) vs ROACFO/Assets=-28.88%, ROA=10.49%
    ✗PiotroskiCFO/Assets > ROA
    Gross Margin Change YoY55.2% -> 48.7%
    ✗PiotroskiImproved YoY
    Pre-Tax Income / Revenue-209.7%
    ✗Dreman>= 8%
    Net Income / Shareholders' Equity-51.0%
    ✗Dreman> 12%
    Margin of SafetyP/E=12.9x, P/B=1.9x
    ✓PabraiP/B < 1.5 or P/E < 15
    Return on Equity-126.0% (3-yr avg)
    ✗AkreROE > 20% (3-year avg)
    Discount to Intrinsic Value
    ✗Marks>= 20% below intrinsic value
    Positive Net Income Frequency1/6 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    Operating Income / Revenue-245.8%
    ✗Ackman>= 15%
    Net Income / Shareholders Equity-51.0%
    ✗Ackman>= 15%
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Operating Margin Trend-1968.0% (2023) -> -617.7% (2025)
    ✓TempletonNon-negative operating-margin trend over 3 years
    Revenue growth vs. gross and operating margin trendgross margin 18.0% -> 48.7%, operating margin -1968.0% -> -617.7%
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    Net income / market capitalization-24.21%; #4677/6340 (top 73.8%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Gross profit / total assets+2.67%; #3230/3702 (top 87.3%)
    ✗AsnessTop 30% of eligible cross-section
    Net income / positive book equity-50.95%; #4215/5226 (top 80.7%)
    ✗AsnessTop 30% of eligible cross-section
    Negative 5-year standard deviation of ROA-0.7063; #5129/5884 (top 87.2%)
    ✗AsnessTop 30% of eligible cross-section
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
    Positive Diluted-EPS Years1/6 years positive
    ✗Schloss>= 70% positive over 5-10 observed years (app rule)
  • Verdicts7% pass✓ 1✗ 13▾

    Split decision: 12 FAIL · 3 NEUTRAL · 1 PASS

    Overall verdict
    ✗GrahamFAIL (1/9)✗BuffettFAIL (1/9)✗LynchFAIL (1/7)✗GreenblattRank #2608✗PiotroskiFAIL (F-Score 3)✗DremanFAIL (2/11)•MungerNEUTRAL (3/4)•PabraiNEUTRAL (2/3)✗AkreFAIL (1/6)✗MarksFAIL (1/5)✗AckmanFAIL (2/9)✓TempletonPASS (4/8)✗SleepFAIL (0/6)✗AsnessFAIL (Rank #2111/2370 (Top 89.1%))✗NeffFAIL (1/6)✗SchlossFAIL (2/7)•OshaughnessyNEUTRAL (Not ranked)
  • Cash Flow10% pass✓ 1✗ 11▾

    9 of 10 flag PDYN's cash flow — Buffett, Lynch, Piotroski +6 more

    Free Cash Flow Proxy
    ✗BuffettPositive and growing
    FCF Positive and Growing$-38.8M
    ✗LynchPositive and growing
    Operating Cash Flow$-27.6M
    ✗PiotroskiCFO > 0
    (CFO / Total Assets) vs ROACFO/Assets=-28.88%, ROA=10.49%
    ✗PiotroskiCFO/Assets > ROA
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    P/E or FCF YieldP/E=12.9x, FCF Yield=-17.9%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    FCF Positive0/6 years FCF positive
    ✗MarksPositive FCF in majority of recent years
    (OCF - CapEx) / Market Cap-27.0%
    ✗Ackman>= 4%
    Price / FCF per ShareN/A (negative FCF)
    ✗Ackman<= 25
    Positive Operating Cash Flow frequency0/6 years positive
    ✗SleepPositive OCF in >= 70% of available years
    Operating Cash Flow - Capital Expenditures$-38.8M
    ✗Neff> $0 (app proxy for a strong fundamental case)
    (Operating cash flow - capex) / market capitalization-24.41%; #3596/4519 (top 79.6%)
    ✗OshaughnessyTop 10% of eligible cross-section
  • Valuation15% pass✓ 5✗ 23▾

    11 of 13 flag PDYN's valuation — Graham, Lynch, Greenblatt +8 more

    Price / 3-yr avg EPS
    ✗Graham<= 15x
    Price-to-Book Ratio1.9x
    ✗Graham<= 1.5x
    P/E x P/B
    ✗Graham<= 22.5
    Basic earnings-growth PEG (dividends excluded)P/E 12.9x (growth N/A)
    ✗Lynch< 1.0 (ideally < 0.5)
    EBIT / Enterprise Value-22.9%
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=-22.9%, ROC=-86.3%
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Price / EPS12.9x
    ✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    Price / Book Value per Share1.9x
    ✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)
    Valuation ReasonablenessP/E=12.9x
    ✓MungerP/E < 25 or Owner Earnings Yield > 5%
    P/E or FCF YieldP/E=12.9x, FCF Yield=-17.9%
    ✓PabraiP/E < 15 or FCF Yield > 10%
    P/B or P/E vs. Historical AverageP/E=12.9x, P/B=1.9x
    ✓MarksP/E < 15 or P/B < 2.0
    Discount to Intrinsic Value
    ✗Marks>= 20% below intrinsic value
    Price / FCF per ShareN/A (negative FCF)
    ✗Ackman<= 25
    Price vs. Trailing Low100% of trailing low ($3.09)
    ✓Templeton<= 120% of trailing low (certified split-adjusted live window)
    Net income / market capitalization-24.21%; #4677/6340 (top 73.8%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Positive book equity / market capitalization+0.4752; #2977/6449 (top 46.2%)
    ✗AsnessTop 30% of eligible cross-section
    Price / Diluted EPS12.9x
    ✓NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)
    (EPS CAGR % + Dividend Yield %) / P/E
    ✗Neff> 0.7 (Neff's published traditional edge)
    Price / Tangible Book Value per Share2.90x
    ✗SchlossP/TBV <= 1.00x (app cutoff)
    Book Value per Share Change
    ✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)
    Revenue / market capitalization+0.1231; #4212/5247 (top 80.3%)
    ✗OshaughnessyTop 10% of eligible cross-section
    (Operating cash flow - capex) / market capitalization-24.41%; #3596/4519 (top 79.6%)
    ✗OshaughnessyTop 10% of eligible cross-section
    Trailing six-month price return through the evaluation date-63.35%; #5483/6202 (top 88.4%)
    ✗OshaughnessyTop 10% of eligible cross-section
  • Efficiency25% pass✓ 2✗ 9▾

    6 of 8 flag PDYN's efficiency — Buffett, Greenblatt, Piotroski +3 more

    Current Ratio6.27
    ✓Graham>= 2.0
    ROIC (3-5 yr avg)-395.3%
    ✗Buffett> 10%
    ROIC - WACC-405.3%
    ✗BuffettPositive (WACC = 10%)
    EBIT / (NWC + Net Fixed Assets)-86.3%
    ✗Greenblatt> 25%
    Current Ratio Change YoY9.64 -> 9.28
    ✗PiotroskiIncreased YoY
    Revenue / Total Assets Change YoY0.14x -> 0.05x
    ✗PiotroskiImproved YoY
    Current Assets / Current Liabilities6.27
    ✓Dreman> 1.5
    Return on Invested Capital-33.9%
    ✗Munger> 15%
    ROIC (high and growing)FY2023: ROIC=unavailable; FY2024: ROIC=unavailable; FY2025: ROIC=-33.9%
    ✗AkreLatest 3 consecutive FYs: ROIC > 15% in each
    Reinvestment Rate x ROIC-33.9% (RR=100% x ROIC=-33.9%)
    ✗AkreReinvestment Rate * ROIC > 10%
    ROIC (5-year)0/3 years above 12% (latest -33.9%)
    ✗SleepROIC > 12% in a majority of years

Business & financials

Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.

Company Profile

Industry: Business Services
Size: Micro Cap($158.8M)
Revenue: $5.2M-32.6% YoY
Net Income: $10.0M+113.8% YoY

Financial Snapshot

Operating Margin-617.7%
Return on Equity13.4%
Debt / Equity0.01
Current Ratio9.28
EPS (Diluted)$0.24

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$122.3B
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$52.9B
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$22.6B
ACMAECOM
$9.1B

Company Financials

Latest TTM and quarters alongside annual years

TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.

The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.

MetricTTM · 2026-09-30

2025-10-01 – 2026-09-30

Sources · derived quarter values

Derived from cumulative filings: revenue, net income, operating income, ebit, pre tax income, operating cash flow, capex.

Q3 FY 2026

2026-07-01 – 2026-09-30

Sources · derived quarter values

Derived from cumulative filings: operating cash flow, capex.

Q2 FY 2026

2026-04-01 – 2026-06-30

Sources · derived quarter values

Derived from cumulative filings: operating cash flow, capex.

Q1 FY 2026

2026-01-01 – 2026-03-31

Sources
FY 2025
Sources
  • 10-K · 2026-03-05
FY 2024
Sources
  • 10-K · 2025-02-20
FY 2023
Sources
  • 10-K · 2024-02-28
FY 2022
Sources
  • 10-K · 2023-03-16
FY 2021
Sources
  • 10-K · 2022-03-29
Market Cap$158.8Mcurrent------$303.1Mest.$288.4Mest.$14.0Mest.$555.3Mest.$4.8Best.
Revenue$19.5M↑350%$8.6M↑895%$5.8M↑470%$3.5M↑107%$5.2M↓33%$7.8M↑27%$6.1M↓58%$14.6M↑187%$5.1M
Operating Income-$48.0M↓62%-$13.4M↓66%-$13.4M↓66%-$11.9M↓72%-$32.4M↓20%-$26.9M↑78%-$121.0M↑32%-$177.0M↓119%-$81.0M
Net Income-$38.4M↑7%-$12.0M↓221%-$12.3M↓65%-$12.6M↓155%$10.0M↑114%-$72.6M↑37%-$115.6M↑26%-$157.1M↓93%-$81.5M
EPS (Diluted)--$-0.25↓178%$-0.27↓35%$-0.28↓151%$0.24↑109%$-2.71↑40%$-4.51↓321%$-1.07↓49%$-0.72
Gross Margin————48.7%↓12%55.2%↑207%18.0%↓11%20.3%↓15%23.8%
Operating Margin-245.8%↑64%-156.4%↑83%-231.9%↑71%-336.9%↑17%-617.7%↓79%-345.8%↑82%-1968.0%↓62%-1215.2%↑24%-1595.9%
ROE-51.0%↑36%———13.4%↓98%761.7%↑370%-282.6%↓160%-108.8%↓186%-38.1%
Total Debt--------$927.0K----$0↓100%$7.0K
Shareholders' Equity$75.4M↑46%$75.4M↑46%$70.8M↑32%$69.9M↑147%$74.7M↑883%-$9.5M↓123%$40.9M↓72%$144.4M↓32%$214.0M
Current Ratio6.27↓54%6.27↓54%6.30↓63%7.85↓51%9.28↓4%9.64↑81%5.33↓57%12.26↓67%37.06
Debt / Equity————0.01——0.00↓100%0.00
Operating Cash Flow-$36.7M↓51%-$7.8M↓24%-$10.2M↓91%-$10.2M↓36%-$27.6M↓22%-$22.6M↑70%-$76.6M↓17%-$65.4M↓55%-$42.1M
Free Cash Flow-$38.8M↓57%-$8.7M↓31%-$11.0M↓107%-$10.3M↓35%-$28.4M↓24%-$22.9M↑70%-$77.4M↓16%-$66.9M↓43%-$46.8M

Score history

Historical Score Timeline

Industry peers

Industry Peers

Similar companies in Business Services

PDYN vs Peers — Financial Grading

Revenue$5.2MBottom 25%
Net Income$10.0MMedian
ROE13.4%Median
D/E0.01Top 25%
Op. Margin-617.7%Bottom 25%
Curr. Ratio9.28Top 25%
CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroskiDreman
AUTOMATIC DATA PROCESSING INCADP$122.3B$309.93$21.9B$4.4B73.2%0.8224.2%1.054/95/93/70/3F-Score 65/11
ELECTRONIC ARTS INC.EA$52.9B$209.70$7.5B$887.0M13.1%0.2215.4%1.051/94/94/70/3F-Score 66/11
Rubrik, Inc.RBRK$22.6B$109.88$1.3B$348.8M67.1%—-26.2%1.691/90/92/70/3F-Score 62/11
AECOMACM$9.1B$70.50$16.1B$561.8M22.5%1.096.4%1.141/93/93/71/3F-Score 82/11
COMMVAULT SYSTEMS INCCVLT$6.2B$152.07$1.2B$70.7M942.8%—6.3%1.951/92/94/70/3F-Score 66/11
WPP plcWPP$6.0B$27.79$18.2B$289.5M-8.5%1.942.8%0.891/92/91/70/3F-Score 32/11
VARONIS SYSTEMS INCVRNS$5.6B$48.94$623.5M$129.3M-21.6%0.76-23.5%1.971/90/91/70/3F-Score 51/11
ROBERT HALF INC.RHI$4.3B$42.00$5.4B$133.0M10.4%—1.4%1.532/95/91/70/3F-Score 52/11