CDNS Cadence Design Systems Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CDNS

Price (delayed)

$275.21

Market cap

$74.87B

P/E Ratio

77.52

Dividend/share

N/A

EPS

$3.55

Enterprise value

$74.56B

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 23% year-on-year and by 8% since the previous quarter
The company's net income rose by 22% YoY and by 8% QoQ
The stock's P/E is 54% above its 5-year quarterly average of 49.6 and 20% above its last 4 quarters average of 63.7
The quick ratio has declined by 2.7% year-on-year
Sector: Technology
Industry: Software - Application
Website: https://www.cadence.com/
Peers: SNPS ANSS PTC TER

Key stats

What are the main financial stats of CDNS
Market
Shares outstanding
272.06M
Market cap
$74.87B
Enterprise value
$74.56B
Valuations
Price to earnings (P/E)
77.52
Price to book (P/B)
24.02
Price to sales (P/S)
18.9
EV/EBIT
63.91
EV/EBITDA
56.96
EV/Sales
19.01
Earnings
Revenue
$3.92B
EBIT
$1.17B
EBITDA
$1.31B
Free cash flow
$1.24B
Per share
EPS
$3.55
Free cash flow per share
$4.59
Book value per share
$11.46
Revenue per share
$14.56
TBVPS
$13.31
Balance sheet
Total assets
$5.43B
Total liabilities
$2.32B
Debt
$648.8M
Equity
$3.11B
Working capital
$560.3M
Liquidity
Debt to equity
0.21
Current ratio
1.44
Quick ratio
1.1
Net debt/EBITDA
-0.24
Margins
EBITDA margin
33.4%
Gross margin
89.2%
Net margin
24.4%
Operating margin
28.7%
Efficiency
Return on assets
18.3%
Return on equity
32.7%
Return on invested capital
58.9%
Return on capital employed
28%
Return on sales
29.8%
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
1.66%
1 week
1.8%
1 month
19.21%
1 year
68.3%
YTD
71.32%
QTD
17.46%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$3.92B
Gross profit
$3.5B
Operating income
$1.13B
Net income
$957.64M
Gross margin
89.2%
Net margin
24.4%
The company's net income rose by 22% YoY and by 8% QoQ
The revenue has increased by 14% YoY and by 3.2% from the previous quarter
Cadence Design Systems's gross profit has increased by 13% YoY and by 2.9% QoQ
The company's net margin rose by 7% YoY and by 4.3% QoQ

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
77.52
P/B
24.02
P/S
18.9
EV/EBIT
63.91
EV/EBITDA
56.96
EV/Sales
19.01
The stock's P/E is 54% above its 5-year quarterly average of 49.6 and 20% above its last 4 quarters average of 63.7
The EPS rose by 23% year-on-year and by 8% since the previous quarter
The stock's P/B is 59% more than its 5-year quarterly average of 14.9 and 21% more than its last 4 quarters average of 19.5
The equity has grown by 15% YoY and by 7% from the previous quarter
The stock's price to sales (P/S) is 56% more than its 5-year quarterly average of 11.9 and 23% more than its last 4 quarters average of 15.1
The revenue has increased by 14% YoY and by 3.2% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The company's return on equity rose by 13% YoY and by 3.8% QoQ
The ROIC has contracted by 11% YoY
The ROA is up by 6% year-on-year and by 5% since the previous quarter
The return on sales has declined by 2.3% 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 134% higher than the total liabilities
The total assets has increased by 9% YoY and by 5% QoQ
CDNS's current ratio is up by 8% YoY and by 5% from the previous quarter
The company's debt is 79% lower than its equity
The debt to equity has contracted by 28% YoY and by 4.5% from the previous quarter
The company's debt fell by 19% YoY

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