CDNS Cadence Design Systems Inc
- Stocks
- Technology
- NASDAQ: CDNS
Price (delayed)
$320.45
Market cap
$87.23B
P/E Ratio
81.96
Dividend/share
N/A
EPS
$3.91
Enterprise value
$86.95B
Relative Growth:
Rel. Growth:
91
Relative Strength:
Rel. Strength:
50
Relative Valuation:
Rel. Valuation:
11
Relative Profitability:
Rel. Profitability:
95
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 quick ratio has increased by 25% year-on-year and by 7% since the previous quarter
The revenue has increased by 20% YoY and by 2.4% from the previous quarter
The stock's P/E is 24% above its 5-year quarterly average of 67.5 and 7% above its last 4 quarters average of 78.5
The gross margin has declined by 2.6% year-on-year
Key stats
What are the main financial stats of CDNS
Market
Valuations
Earnings
Shares outstanding
272.2M
Market cap
$87.23B
Enterprise value
$86.95B
Price to earnings (P/E)
81.96
Price to book (P/B)
16.8
Price to sales (P/S)
16.67
PEG
45.53
EV/EBIT
54.94
EV/EBITDA
48.26
EV/Sales
16.68
Revenue
$5.21B
Gross profit
$4.46B
Operating income
$1.49B
Net income
$1.06B
EBIT
$1.58B
EBITDA
$1.8B
Free cash flow
$1.48B
Per share
Balance sheet
Liquidity
EPS
$3.91
EPS diluted
$3.88
Free cash flow per share
$5.45
Book value per share
$19.08
Revenue per share
$19.22
TBVPS
$23.17
Total assets
$9.6B
Total liabilities
$4.4B
Debt
$2.48B
Equity
$5.2B
Working capital
$2.88B
Debt to equity
0.48
Current ratio
3.05
Quick ratio
2.49
Net debt/EBITDA
-0.15
Margins
Efficiency
Dividend
EBITDA margin
34.6%
Gross margin
85.5%
Net margin
20.4%
Operating margin
28.5%
Return on assets
11.4%
Return on equity
21.6%
Return on invested capital
35.3%
Return on capital employed
19.3%
Return on sales
30.4%
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
-2.19%
1 week
-4.65%
1 month
-9.31%
1 year
7.99%
YTD
6.65%
QTD
-8.77%
Financial performance
How have Cadence Design Systems's revenue and profit performed over time
Revenue
$5.21B
Gross profit
$4.46B
Operating income
$1.49B
Net income
$1.06B
Gross margin
85.5%
Net margin
20.4%
CDNS's operating income is up by 21% year-on-year and by 5% since the previous quarter
The revenue has increased by 20% YoY and by 2.4% from the previous quarter
Cadence Design Systems's gross profit has increased by 17% YoY and by 2.4% QoQ
The company's net margin fell by 15% YoY but it rose by 2.5% QoQ
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
P/E
81.96
P/B
16.8
P/S
16.67
EV/EBIT
54.94
EV/EBITDA
48.26
EV/Sales
16.68
The stock's P/E is 24% above its 5-year quarterly average of 67.5 and 7% above its last 4 quarters average of 78.5
The EPS rose by 5% since the previous quarter
The equity has grown by 14% YoY and by 3.8% from the previous quarter
The stock's P/B is 3.5% less than its 5-year quarterly average of 17.8
The revenue has increased by 20% YoY and by 2.4% from the previous quarter
The stock's price to sales (P/S) is 9% more than its 5-year quarterly average of 15.7 and 2.7% more than its last 4 quarters average of 16.6
Efficiency
How efficient is Cadence Design Systems business performance
The ROIC has contracted by 29% YoY but it has grown by 2.9% from the previous quarter
The ROA is down by 24% year-on-year but it is up by 3.6% since the previous quarter
The company's return on equity fell by 18% YoY
The return on sales has declined by 3.8% year-on-year but it rose by 2% since 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 118% higher than the total liabilities
The quick ratio has increased by 25% year-on-year and by 7% since the previous quarter
CDNS's current ratio is up by 24% YoY and by 8% from the previous quarter
The company's debt is 52% lower than its equity
The debt to equity has contracted by 23% YoY and by 2% from the previous quarter
The equity has grown by 14% YoY and by 3.8% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.