CDNS Cadence Design Systems Inc
Price (delayed)
$281.78
Market cap
$77.24B
P/E Ratio
72.44
Dividend/share
N/A
EPS
$3.89
Enterprise value
$77.07B
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 surged by 159% year-on-year and by 22% since the previous quarter
The equity has grown by 37% YoY and by 2.4% from the previous quarter
The stock's P/E is 11% above its 5-year quarterly average of 61.3 but 11% below its last 4 quarters average of 76.7
The gross margin has declined by 3.8% year-on-year and by 2.1% since the previous quarter
Key stats
What are the main financial stats of CDNS
Market
Valuations
Earnings
Shares outstanding
274.11M
Market cap
$77.24B
Enterprise value
$77.07B
Price to earnings (P/E)
72.44
Price to book (P/B)
16.54
Price to sales (P/S)
16.47
EV/EBIT
52.36
EV/EBITDA
46.24
EV/Sales
16.61
Revenue
$4.64B
Gross profit
$3.99B
Operating income
$1.35B
Net income
$1.06B
EBIT
$1.47B
EBITDA
$1.67B
Free cash flow
$1.12B
Per share
Balance sheet
Liquidity
EPS
$3.89
EPS diluted
$3.85
Free cash flow per share
$4.12
Book value per share
$17.04
Revenue per share
$17.11
TBVPS
$22.13
Total assets
$8.97B
Total liabilities
$4.3B
Debt
$2.48B
Equity
$4.67B
Working capital
$2.65B
Debt to equity
0.53
Current ratio
2.93
Quick ratio
2.43
Net debt/EBITDA
-0.1
Margins
Efficiency
Dividend
EBITDA margin
35.9%
Gross margin
86%
Net margin
22.7%
Operating margin
29.1%
Return on assets
13.6%
Return on equity
24.7%
Return on invested capital
42.9%
Return on capital employed
19.4%
Return on sales
31.7%
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
6.16%
1 week
8.29%
1 month
5.48%
1 year
1.48%
YTD
-6.22%
QTD
10.79%
Financial performance
How have Cadence Design Systems's revenue and profit performed over time
Revenue
$4.64B
Gross profit
$3.99B
Operating income
$1.35B
Net income
$1.06B
Gross margin
86%
Net margin
22.7%
The revenue has increased by 13% YoY and by 7% from the previous quarter
The company's net margin fell by 11% YoY and by 5% QoQ
CDNS's operating income is up by 10% since the previous quarter and by 8% year-on-year
Cadence Design Systems's gross profit has increased by 9% 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
P/E
72.44
P/B
16.54
P/S
16.47
EV/EBIT
52.36
EV/EBITDA
46.24
EV/Sales
16.61
The stock's P/E is 11% above its 5-year quarterly average of 61.3 but 11% below its last 4 quarters average of 76.7
The equity has grown by 37% YoY and by 2.4% from the previous quarter
The stock's P/B is 19% less than its last 4 quarters average of 19.3 and 10% less than its 5-year quarterly average of 17.4
The stock's price to sales (P/S) is 18% less than its last 4 quarters average of 18.8 but 2.7% more than its 5-year quarterly average of 15.1
The revenue has increased by 13% YoY and by 7% from the previous quarter
Efficiency
How efficient is Cadence Design Systems business performance
The ROIC has contracted by 36% YoY and by 14% from the previous quarter
The ROA is down by 30% year-on-year and by 9% since the previous quarter
The company's return on equity fell by 27% YoY and by 6% QoQ
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 109% higher than the total liabilities
The quick ratio has surged by 159% year-on-year and by 22% since the previous quarter
CDNS's current ratio has soared by 136% YoY and by 20% from the previous quarter
The company's debt is 47% lower than its equity
The debt to equity has soared by 179% YoY but it has contracted by 15% from the previous quarter
The equity has grown by 37% YoY and by 2.4% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.