CDNS Cadence Design Systems Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CDNS

Price (delayed)

$410.43

Market cap

$113.2B

P/E Ratio

95.01

Dividend/share

N/A

EPS

$4.32

Enterprise value

$114.7B

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Relative Growth: Rel. Growth: 87
Relative Strength: Rel. Strength: 77
Relative Valuation: Rel. Valuation: 12
Relative Profitability: Rel. Profitability: 94

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 equity has grown by 37% YoY and by 20% from the previous quarter
Cadence Design Systems's gross profit has increased by 14% YoY and by 4% QoQ
The quick ratio has dropped by 56% year-on-year and by 53% since the previous quarter
The stock's P/E is 38% above its 5-year quarterly average of 68.4 and 20% above its last 4 quarters average of 78.4
Sector: Technology
Industry: Software - Application
Website: https://www.cadence.com/
Peers: SNPS PTC TER PDFS

Key stats

What are the main financial stats of CDNS

CDNS stock price

How has the Cadence Design Systems stock price performed over time
Intraday
0.6%
1 week
9.78%
1 month
17.43%
1 year
39.41%
YTD
31.3%
QTD
47.71%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$5.53B
Gross profit
$4.76B
Operating income
$1.56B
Net income
$1.17B
Gross margin
86.1%
Net margin
21.2%
Cadence Design Systems's gross profit has increased by 14% YoY and by 4% QoQ
The revenue has increased by 13% YoY and by 4.4% from the previous quarter
The company's net income rose by 8% YoY and by 6% QoQ
CDNS's operating income is up by 7% year-on-year and by 4.7% since the previous quarter

Price vs fundamentals

How does CDNS's price correlate with its fundamentals

Growth

What is Cadence Design Systems's growth rate over time

Valuation

What is Cadence Design Systems stock price valuation
CDNS P/E details
P/E
95.01
P/B
17.05
P/S
20.2
EV/EBIT
66.94
EV/EBITDA
57.92
EV/Sales
20.75
The stock's P/E is 38% above its 5-year quarterly average of 68.4 and 20% above its last 4 quarters average of 78.4
The EPS rose by 9% year-on-year and by 6% since the previous quarter
The equity has grown by 37% YoY and by 20% from the previous quarter
The stock's P/B is 9% more than its last 4 quarters average of 15.6 but 4.2% less than its 5-year quarterly average of 17.7
The stock's price to sales (P/S) is 27% more than its 5-year quarterly average of 15.8 and 25% more than its last 4 quarters average of 16.1
The revenue has increased by 13% YoY and by 4.4% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The company's return on equity fell by 11% YoY and by 2.8% QoQ
The ROA is down by 10% year-on-year and by 2.6% since the previous quarter
The ROIC has grown by 3.8% from the previous quarter

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 119% higher than the total liabilities
The quick ratio has dropped by 56% year-on-year and by 53% since the previous quarter
CDNS's current ratio has plunged by 52% YoY and by 49% from the previous quarter
The company's debt is 56% lower than its equity
The equity has grown by 37% YoY and by 20% from the previous quarter
The company's debt rose by 17% YoY and by 17% QoQ

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