CDNS Cadence Design Systems Inc

Price (delayed)

$150.88

Market cap

$41.61B

P/E Ratio

55.47

Dividend/share

N/A

EPS

$2.72

Enterprise value

$40.82B

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 EPS rose by 14% year-on-year and by 7% since the previous quarter
The company's net income rose by 14% YoY and by 7% QoQ
The stock's P/E is 20% above its 5-year quarterly average of 46.0 but 12% below its last 4 quarters average of 62.5

Key stats

What are the main financial stats of CDNS
Market
Shares outstanding
275.76M
Market cap
$41.61B
Enterprise value
$40.82B
Valuations
Price to earnings (P/E)
55.47
Price to book (P/B)
15.16
Price to sales (P/S)
13.03
EV/EBIT
45.72
EV/EBITDA
39.82
EV/Sales
12.94
Earnings
Revenue
$3.15B
EBIT
$892.81M
EBITDA
$1.03B
Free cash flow
$1.16B
Per share
EPS
$2.72
Free cash flow per share
$4.27
Book value per share
$9.95
Revenue per share
$11.58
TBVPS
$11.94
Balance sheet
Total assets
$4.4B
Total liabilities
$1.63B
Debt
$347.79M
Equity
$2.76B
Working capital
$774.07M
Liquidity
Debt to equity
0.13
Current ratio
1.81
Quick ratio
1.56
Net debt/EBITDA
-0.77
Margins
EBITDA margin
32.5%
Gross margin
89.8%
Net margin
23.6%
Operating margin
28.3%
Efficiency
Return on assets
17.4%
Return on equity
28%
Return on invested capital
59.7%
Return on capital employed
26%
Return on sales
28.3%
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
0.51%
1 week
3.37%
1 month
-3.43%
1 year
9.06%
YTD
-19.03%
QTD
-8.26%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$3.15B
Gross profit
$2.83B
Operating income
$894.08M
Net income
$744.12M
Gross margin
89.8%
Net margin
23.6%
CDNS's operating income is up by 26% year-on-year and by 15% since the previous quarter
The company's net income rose by 14% YoY and by 7% QoQ
Cadence Design Systems's gross profit has increased by 14% YoY and by 6% QoQ
The revenue has increased by 13% YoY and by 6% from the previous quarter

Growth

What is Cadence Design Systems's growth rate over time

Valuation

What is Cadence Design Systems stock price valuation
P/E
55.47
P/B
15.16
P/S
13.03
EV/EBIT
45.72
EV/EBITDA
39.82
EV/Sales
12.94
The stock's P/E is 20% above its 5-year quarterly average of 46.0 but 12% below its last 4 quarters average of 62.5
The EPS rose by 14% year-on-year and by 7% since the previous quarter
The stock's P/B is 21% more than its 5-year quarterly average of 12.5 but 10% less than its last 4 quarters average of 16.7
The equity has grown by 9% YoY
The stock's price to sales (P/S) is 39% more than its 5-year quarterly average of 9.3 but 11% less than its last 4 quarters average of 14.6
The revenue has increased by 13% YoY and by 6% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The ROIC has grown by 22% YoY and by 16% from the previous quarter
The return on sales rose by 9% year-on-year and by 8% since the previous quarter
The ROA is up by 7% year-on-year and by 4.8% since the previous quarter
The company's return on equity rose by 4.9% QoQ and by 3.7% YoY

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 169% higher than the total liabilities
The total liabilities has increased by 12% YoY
The total assets has increased by 10% YoY
The company's debt is 87% lower than its equity
The equity has grown by 9% YoY
The debt to equity has contracted by 7% YoY

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