CDNS Cadence Design Systems Inc
- Stocks
- Technology
- NASDAQ: CDNS
Price (delayed)
$354.33
Market cap
$96.55B
P/E Ratio
95.25
Dividend/share
N/A
EPS
$3.72
Enterprise value
$96.21B
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 revenue has increased by 22% YoY and by 4.4% from the previous quarter
Cadence Design Systems's gross profit has increased by 18% YoY and by 4.1% QoQ
The quick ratio has surged by 120% year-on-year but it has declined by 10% since the previous quarter
The company's debt has surged by 84% YoY
The stock's P/E is 48% above its 5-year quarterly average of 64.4 and 29% above its last 4 quarters average of 73.6
Key stats
What are the main financial stats of CDNS
Market
Valuations
Earnings
Shares outstanding
272.49M
Market cap
$96.55B
Enterprise value
$96.21B
Price to earnings (P/E)
95.25
Price to book (P/B)
19.32
Price to sales (P/S)
18.89
EV/EBIT
63.34
EV/EBITDA
55.38
EV/Sales
18.9
Revenue
$5.09B
Gross profit
$4.35B
Operating income
$1.41B
Net income
$1.01B
EBIT
$1.52B
EBITDA
$1.74B
Free cash flow
$1.59B
Per share
Balance sheet
Liquidity
EPS
$3.72
EPS diluted
$3.7
Free cash flow per share
$5.84
Book value per share
$18.34
Revenue per share
$18.76
TBVPS
$23.18
Total assets
$9.51B
Total liabilities
$4.5B
Debt
$2.48B
Equity
$5.01B
Working capital
$2.73B
Debt to equity
0.49
Current ratio
2.82
Quick ratio
2.33
Net debt/EBITDA
-0.2
Margins
Efficiency
Dividend
EBITDA margin
34.1%
Gross margin
85.6%
Net margin
19.9%
Operating margin
27.7%
Return on assets
11%
Return on equity
21.3%
Return on invested capital
34.3%
Return on capital employed
19%
Return on sales
29.8%
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
-1.62%
1 week
-2.81%
1 month
10.62%
1 year
41.56%
YTD
17.93%
QTD
14.99%
Financial performance
How have Cadence Design Systems's revenue and profit performed over time
Revenue
$5.09B
Gross profit
$4.35B
Operating income
$1.41B
Net income
$1.01B
Gross margin
85.6%
Net margin
19.9%
The company's net margin fell by 22% YoY and by 10% QoQ
The revenue has increased by 22% YoY and by 4.4% from the previous quarter
CDNS's operating income is up by 20% year-on-year but it is down by 3.6% since the previous quarter
Cadence Design Systems's gross profit has increased by 18% YoY and by 4.1% 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
95.25
P/B
19.32
P/S
18.89
EV/EBIT
63.34
EV/EBITDA
55.38
EV/Sales
18.9
The stock's P/E is 48% above its 5-year quarterly average of 64.4 and 29% above its last 4 quarters average of 73.6
The EPS has declined by 7% since the previous quarter and by 4.9% year-on-year
The stock's P/B is 19% more than its last 4 quarters average of 16.3 and 10% more than its 5-year quarterly average of 17.5
The equity has grown by 17% YoY and by 4.8% from the previous quarter
The stock's price to sales (P/S) is 23% more than its 5-year quarterly average of 15.3 and 16% more than its last 4 quarters average of 16.3
The revenue has increased by 22% YoY and by 4.4% from the previous quarter
Efficiency
How efficient is Cadence Design Systems business performance
The ROIC has contracted by 44% YoY and by 10% from the previous quarter
The ROA is down by 38% year-on-year and by 13% since the previous quarter
The company's return on equity fell by 28% YoY and by 10% QoQ
The return on sales has declined by 7% year-on-year and by 5% 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 111% higher than the total liabilities
The quick ratio has surged by 120% year-on-year but it has declined by 10% since the previous quarter
CDNS's current ratio has soared by 97% YoY but it is down by 8% from the previous quarter
The company's debt is 51% lower than its equity
The company's debt has surged by 84% YoY
The debt to equity has soared by 53% YoY but it has contracted by 6% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.