CDNS Cadence Design Systems Inc

Price (delayed)

$165.1

Market cap

$45.76B

P/E Ratio

65

Dividend/share

N/A

EPS

$2.54

Enterprise value

$45.09B

Cadence Design Systems, Inc., headquartered in San Jose, California, is an American multinational computational software company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company ...

Highlights
The company's debt has shrunk by 50% YoY
Cadence Design Systems's gross profit has increased by 20% YoY and by 3.5% QoQ
The company's net income fell by 36% YoY but it rose by 2.2% QoQ
The EPS has declined by 35% year-on-year but it rose by 2.4% since the previous quarter
The stock's P/E is 51% above its 5-year quarterly average of 43.0 and 9% above its last 4 quarters average of 59.6

Key stats

What are the main financial stats of CDNS
Market
Shares outstanding
277.14M
Market cap
$45.76B
Enterprise value
$45.09B
Valuations
Price to earnings (P/E)
65
Price to book (P/B)
17.37
Price to sales (P/S)
15.16
EV/EBIT
57.94
EV/EBITDA
48.84
EV/Sales
15.16
Earnings
Revenue
$2.98B
EBIT
$778.17M
EBITDA
$923.27M
Free cash flow
$939.58M
Per share
EPS
$2.54
Free cash flow per share
$3.44
Book value per share
$9.51
Revenue per share
$10.89
TBVPS
$11.13
Balance sheet
Total assets
$4.21B
Total liabilities
$1.58B
Debt
$347.39M
Equity
$2.63B
Working capital
$635.82M
Liquidity
Debt to equity
0.13
Current ratio
1.7
Quick ratio
1.48
Net debt/EBITDA
-0.72
Margins
EBITDA margin
31%
Gross margin
89.6%
Net margin
23.3%
Operating margin
25.8%
Efficiency
Return on assets
17%
Return on equity
27.2%
Return on invested capital
50.4%
Return on capital employed
23.5%
Return on sales
26.2%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

CDNS stock price

How has the Cadence Design Systems stock price performed over time
Intraday
-4.53%
1 week
3.13%
1 month
4.39%
1 year
50.31%
YTD
21.01%
QTD
9.02%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$2.98B
Gross profit
$2.66B
Operating income
$768.39M
Net income
$693.11M
Gross margin
89.6%
Net margin
23.3%
The company's net margin fell by 45% YoY
The company's net income fell by 36% YoY but it rose by 2.2% QoQ
CDNS's operating income is up by 35% year-on-year and by 3.3% since the previous quarter
Cadence Design Systems's gross profit has increased by 20% YoY and by 3.5% QoQ

Growth

What is Cadence Design Systems's growth rate over time

Valuation

What is Cadence Design Systems stock price valuation
P/E
65
P/B
17.37
P/S
15.16
EV/EBIT
57.94
EV/EBITDA
48.84
EV/Sales
15.16
The stock's P/E is 51% above its 5-year quarterly average of 43.0 and 9% above its last 4 quarters average of 59.6
The EPS has declined by 35% year-on-year but it rose by 2.4% since the previous quarter
The stock's P/B is 48% more than its 5-year quarterly average of 11.7 and 12% more than its last 4 quarters average of 15.5
The equity has grown by 10% YoY and by 4.6% from the previous quarter
The stock's price to sales (P/S) is 85% more than its 5-year quarterly average of 8.2 and 11% more than its last 4 quarters average of 13.7
The revenue has increased by 18% YoY and by 2.9% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The company's return on equity fell by 44% YoY
The ROA is down by 40% year-on-year
The ROIC has grown by 25% YoY and by 2% from the previous quarter
The return on sales rose by 15% year-on-year

Dividends

What is CDNS's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for CDNS.

Financial health

How did Cadence Design Systems financials performed over time
The total assets is 166% higher than the total liabilities
The quick ratio has increased by 11% since the previous quarter and by 2.8% year-on-year
CDNS's current ratio is up by 10% YoY and by 8% from the previous quarter
The company's debt is 87% lower than its equity
The debt to equity has plunged by 55% YoY and by 7% from the previous quarter
The company's debt has shrunk by 50% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.