CDNS Cadence Design Systems, Inc.

Price (delayed)

$107.59

Market cap

$30.81B

P/E Ratio

29.79

Dividend/share

N/A

EPS

$3.71

Enterprise value

$30.32B

Sector: Technology
Industry: Software - Application
Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

Highlights

The EPS has surged by 139% year-on-year and by 2.5% since the previous quarter
The company's net income has surged by 139% YoY and by 2.4% QoQ
The stock's P/E is 18% below its 5-year quarterly average of 36.4 but 15% above its last 4 quarters average of 25.9
The quick ratio has declined by 9% year-on-year but it has increased by 7% since the previous quarter
The company's debt has surged by 102% YoY

Key stats

What are the main financial stats of CDNS
Market
Shares outstanding
278.79M
Market cap
$30.81B
Enterprise value
$30.32B
Valuations
Price to earnings (P/E)
29.79
Price to book (P/B)
13.67
Price to sales (P/S)
12.41
EV/EBIT
58.08
EV/EBITDA
46.43
EV/Sales
12.45
Earnings
Revenue
$2.44B
EBIT
$521.99M
EBITDA
$653.05M
Free cash flow
$773.09M
Per share
EPS
$3.71
Free cash flow per share
$2.83
Book value per share
$8.08
Revenue per share
$8.91
TBVPS
$10.89
Balance sheet
Total assets
$4B
Total liabilities
$1.74B
Debt
$696.39M
Equity
$2.26B
Working capital
$487.9M
Liquidity
Debt to equity
0.31
Current ratio
1.42
Quick ratio
1.3
Net debt/EBITDA
-0.75
Margins
EBITDA margin
26.8%
Gross margin
88.3%
Net margin
41.7%
Operating margin
21.4%
Efficiency
Return on assets
29.5%
Return on equity
50.8%
Return on invested capital
40.3%
Return on capital employed
18.3%
Return on sales
21.4%
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

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$2.44B
Gross profit
$2.15B
Operating income
$521.03M
Net income
$1.02B
Gross margin
88.3%
Net margin
41.7%
The company's net income has surged by 139% YoY and by 2.4% QoQ
The company's net margin has surged by 122% YoY
CDNS's operating income is up by 9% year-on-year and by 3.6% since the previous quarter
Cadence Design Systems's gross profit has increased by 8% YoY and by 2.1% QoQ

Valuation

What is Cadence Design Systems stock price valuation
P/E
29.79
P/B
13.67
P/S
12.41
EV/EBIT
58.08
EV/EBITDA
46.43
EV/Sales
12.45
The EPS has surged by 139% year-on-year and by 2.5% since the previous quarter
The stock's P/E is 18% below its 5-year quarterly average of 36.4 but 15% above its last 4 quarters average of 25.9
The equity has soared by 58% YoY and by 4.6% from the previous quarter
The stock's P/B is 44% more than its 5-year quarterly average of 9.5 and 31% more than its last 4 quarters average of 10.4
The stock's price to sales (P/S) is 114% more than its 5-year quarterly average of 5.8 and 48% more than its last 4 quarters average of 8.4
The revenue has increased by 8% YoY and by 2.4% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The ROA has soared by 72% year-on-year but it is down by 8% since the previous quarter
The company's return on equity has surged by 59% YoY but it fell by 8% QoQ
The ROIC has contracted by 34% YoY and by 5% 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 130% higher than the total liabilities
The total assets has soared by 53% YoY and by 6% QoQ
The total liabilities has increased by 48% YoY and by 8% from the previous quarter
The company's debt is 69% lower than its equity
The equity has soared by 58% YoY and by 4.6% from the previous quarter
The debt to equity has grown by 29% YoY but it has contracted by 3.1% from the previous quarter

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