CDNS Cadence Design Systems Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CDNS

Price (delayed)

$284.05

Market cap

$77.33B

P/E Ratio

73.59

Dividend/share

N/A

EPS

$3.86

Enterprise value

$76.97B

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 equity has grown by 24% YoY and by 9% from the previous quarter
The company's net income rose by 23% YoY and by 9% QoQ
The stock's P/E is 43% above its 5-year quarterly average of 51.7 and 8% above its last 4 quarters average of 68.5
The quick ratio has declined by 15% since the previous quarter and by 8% 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
272.24M
Market cap
$77.33B
Enterprise value
$76.97B
Valuations
Price to earnings (P/E)
73.59
Price to book (P/B)
22.7
Price to sales (P/S)
18.71
EV/EBIT
58.39
EV/EBITDA
52.58
EV/Sales
18.82
Earnings
Revenue
$4.09B
EBIT
$1.32B
EBITDA
$1.46B
Free cash flow
$1.25B
Per share
EPS
$3.86
Free cash flow per share
$4.63
Book value per share
$12.51
Revenue per share
$15.18
TBVPS
$14.09
Balance sheet
Total assets
$5.67B
Total liabilities
$2.27B
Debt
$649.06M
Equity
$3.4B
Working capital
$385.35M
Liquidity
Debt to equity
0.19
Current ratio
1.24
Quick ratio
0.94
Net debt/EBITDA
-0.25
Margins
EBITDA margin
35.8%
Gross margin
89.4%
Net margin
25.5%
Operating margin
30.6%
Efficiency
Return on assets
19.4%
Return on equity
33.7%
Return on invested capital
67.2%
Return on capital employed
32.3%
Return on sales
32.2%
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
-0.65%
1 week
-7.13%
1 month
-8.91%
1 year
32.94%
YTD
4.29%
QTD
-8.75%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$4.09B
Gross profit
$3.65B
Operating income
$1.25B
Net income
$1.04B
Gross margin
89.4%
Net margin
25.5%
The company's net income rose by 23% YoY and by 9% QoQ
CDNS's operating income is up by 17% year-on-year and by 11% since the previous quarter
The revenue has increased by 15% YoY and by 4.3% from the previous quarter
Cadence Design Systems's gross profit has increased by 15% YoY and by 4.5% 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
73.59
P/B
22.7
P/S
18.71
EV/EBIT
58.39
EV/EBITDA
52.58
EV/Sales
18.82
The stock's P/E is 43% above its 5-year quarterly average of 51.7 and 8% above its last 4 quarters average of 68.5
The EPS rose by 23% year-on-year and by 9% since the previous quarter
The stock's P/B is 46% more than its 5-year quarterly average of 15.6 and 9% more than its last 4 quarters average of 20.9
The equity has grown by 24% YoY and by 9% from the previous quarter
The stock's price to sales (P/S) is 47% more than its 5-year quarterly average of 12.8 and 14% more than its last 4 quarters average of 16.5
The revenue has increased by 15% YoY and by 4.3% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The ROIC has grown by 14% from the previous quarter and by 5% YoY
The return on sales rose by 8% since the previous quarter and by 7% year-on-year
The company's return on equity rose by 8% YoY and by 3.1% QoQ
The ROA is up by 8% year-on-year and by 6% 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 150% higher than the total liabilities
The quick ratio has declined by 15% since the previous quarter and by 8% year-on-year
CDNS's current ratio is down by 14% from the previous quarter and by 2.4% YoY
The company's debt is 81% lower than its equity
The debt to equity has contracted by 30% YoY and by 10% from the previous quarter
The equity has grown by 24% YoY and by 9% from the previous quarter

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