CDNS Cadence Design Systems Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CDNS

Price (delayed)

$330.51

Market cap

$90.69B

P/E Ratio

65.19

Dividend/share

N/A

EPS

$5.07

Enterprise value

$91.87B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 96

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver ...

Highlights
The equity has grown by 32% YoY
The EPS rose by 30% year-on-year
The quick ratio has dropped by 58% year-on-year and by 24% since the previous quarter
The company's debt rose by 6% YoY and by 6% QoQ
Sector: Technology
Industry: Software - Application
Website: http://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
0.38%
1 week
6.13%
1 month
-5.14%
1 year
4.74%
YTD
5.74%
QTD
0.1%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$6.13B
Gross profit
$5.25B
Operating income
$1.77B
Net income
$1.38B
Gross margin
85.7%
Net margin
22.5%
The company's net income rose by 30% YoY
CDNS's operating income is up by 19% year-on-year
Cadence Design Systems's gross profit has increased by 18% YoY and by 4.8% QoQ
The revenue has increased by 18% YoY and by 5% from 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
65.19
P/B
13.24
P/S
14.75
EV/EBIT
46.72
EV/EBITDA
39.04
EV/Sales
14.98
The EPS rose by 30% year-on-year
The stock's P/E is 7% below its last 4 quarters average of 70.0 and 7% below its 5-year quarterly average of 69.6
The equity has grown by 32% YoY
The stock's P/B is 25% less than its 5-year quarterly average of 17.5 and 5% less than its last 4 quarters average of 13.9
The revenue has increased by 18% YoY and by 5% from the previous quarter
The stock's price to sales (P/S) is 8% less than its 5-year quarterly average of 16.0 and 5% less than its last 4 quarters average of 15.5

Efficiency

How efficient is Cadence Design Systems business performance
The ROIC has grown by 25% YoY and by 3% from the previous quarter
The company's return on equity fell by 7% QoQ
The return on sales rose by 6% year-on-year but it has declined by 3.9% since the previous quarter
The ROA is down by 4.8% since the previous quarter but it is up by 4.4% 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 129% higher than the total liabilities
The quick ratio has dropped by 58% year-on-year and by 24% since the previous quarter
CDNS's current ratio has plunged by 55% YoY and by 22% from the previous quarter
The company's debt is 62% lower than its equity
The equity has grown by 32% YoY
The debt to equity has contracted by 21% YoY but it has grown by 6% from the previous quarter

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