CDNS Cadence Design Systems Inc

  1. Stocks
  2. Technology
  3. NASDAQ: CDNS

Price (delayed)

$313.94

Market cap

$86.46B

P/E Ratio

61.92

Dividend/share

N/A

EPS

$5.07

Enterprise value

$87.5B

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Relative Growth: Rel. Growth: 96
Relative Strength: Rel. Strength: 30
Relative Valuation: Rel. Valuation: 18
Relative Profitability: Rel. Profitability: 97

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver ...

Highlights
The equity has grown by 37% YoY and by 4.5% from the previous quarter
The EPS rose by 36% year-on-year and by 17% since the previous quarter
The quick ratio has declined by 42% year-on-year but it has increased by 20% since the previous quarter
Sector: Technology
Industry: Software - Application
Website: http://www.cadence.com
Peers: SNPS PTC TER PDFS

Key stats

What are the main financial stats of CDNS

CDNS stock price

How has the Cadence Design Systems stock price performed over time
Intraday
-1.59%
1 week
-2.95%
1 month
-3.77%
1 year
-10.21%
YTD
0.44%
QTD
-16.35%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$5.84B
Gross profit
$5.01B
Operating income
$1.77B
Net income
$1.38B
Gross margin
85.9%
Net margin
23.6%
The company's net income rose by 36% YoY and by 18% QoQ
CDNS's operating income is up by 26% year-on-year and by 13% since the previous quarter
The company's net margin rose by 19% YoY and by 11% QoQ
The revenue has increased by 15% YoY and by 6% from the previous quarter

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
CDNS P/E details
P/E
61.92
P/B
12.63
P/S
14.73
EV/EBIT
44.89
EV/EBITDA
38.43
EV/Sales
14.99
The EPS rose by 36% year-on-year and by 17% since the previous quarter
The stock's P/E is 17% below its last 4 quarters average of 76.2 and 9% below its 5-year quarterly average of 69.4
The equity has grown by 37% YoY and by 4.5% from the previous quarter
The stock's P/B is 27% less than its 5-year quarterly average of 17.6 and 15% less than its last 4 quarters average of 15.1
The revenue has increased by 15% YoY and by 6% from the previous quarter
The stock's price to sales (P/S) is 9% less than its last 4 quarters average of 16.4 and 6% less than its 5-year quarterly average of 16.0

Efficiency

How efficient is Cadence Design Systems business performance
The ROIC has grown by 25% YoY and by 13% from the previous quarter
The ROA is up by 14% year-on-year and by 11% since the previous quarter
The return on sales rose by 12% year-on-year and by 8% since the previous quarter
The company's return on equity rose by 9% QoQ and by 8% YoY

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 131% higher than the total liabilities
The quick ratio has declined by 42% year-on-year but it has increased by 20% since the previous quarter
CDNS's current ratio is down by 38% YoY but it is up by 18% from the previous quarter
The company's debt is 64% lower than its equity
The equity has grown by 37% YoY and by 4.5% from the previous quarter
The debt to equity has contracted by 27% YoY and by 18% from the previous quarter

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