Unlock Premium for Just $9.99/Month – Special Launch Offer, Limited Time Only
Get Premium
CDNS Cadence Design Systems Inc
- Stocks
- Technology
- NASDAQ: CDNS
Price (delayed)
$319.39
Market cap
$87.21B
P/E Ratio
80.25
Dividend/share
N/A
EPS
$3.98
Enterprise value
$86.91B
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 169% year-on-year and by 6% since the previous quarter
The equity has grown by 34% YoY and by 2.2% from the previous quarter
The stock's P/E is 30% above its 5-year quarterly average of 61.5 and 11% above its last 4 quarters average of 72.6
The gross margin has declined by 3.8% year-on-year
Key stats
What are the main financial stats of CDNS
Market
Valuations
Earnings
Shares outstanding
273.04M
Market cap
$87.21B
Enterprise value
$86.91B
Price to earnings (P/E)
80.25
Price to book (P/B)
18.33
Price to sales (P/S)
17.82
EV/EBIT
56.51
EV/EBITDA
49.78
EV/Sales
17.83
Revenue
$4.87B
Gross profit
$4.19B
Operating income
$1.46B
Net income
$1.08B
EBIT
$1.54B
EBITDA
$1.75B
Free cash flow
$1.38B
Per share
Balance sheet
Liquidity
EPS
$3.98
EPS diluted
$3.95
Free cash flow per share
$5.07
Book value per share
$17.42
Revenue per share
$17.92
TBVPS
$22.1
Total assets
$9.01B
Total liabilities
$4.24B
Debt
$2.48B
Equity
$4.78B
Working capital
$2.7B
Debt to equity
0.52
Current ratio
3.07
Quick ratio
2.58
Net debt/EBITDA
-0.17
Margins
Efficiency
Dividend
EBITDA margin
35.8%
Gross margin
85.9%
Net margin
22.2%
Operating margin
30%
Return on assets
12.6%
Return on equity
23.7%
Return on invested capital
38.1%
Return on capital employed
19.9%
Return on sales
31.5%
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
0.23%
1 week
3.58%
1 month
22.58%
1 year
12.73%
YTD
6.3%
QTD
25.58%
Financial performance
How have Cadence Design Systems's revenue and profit performed over time
Revenue
$4.87B
Gross profit
$4.19B
Operating income
$1.46B
Net income
$1.08B
Gross margin
85.9%
Net margin
22.2%
CDNS's operating income is up by 24% year-on-year and by 8% since the previous quarter
The revenue has increased by 20% YoY and by 5% from the previous quarter
Cadence Design Systems's gross profit has increased by 15% YoY and by 4.8% QoQ
The company's net margin fell by 14% YoY and by 2.2% 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
80.25
P/B
18.33
P/S
17.82
EV/EBIT
56.51
EV/EBITDA
49.78
EV/Sales
17.83
The stock's P/E is 30% above its 5-year quarterly average of 61.5 and 11% above its last 4 quarters average of 72.6
The EPS rose by 2.6% year-on-year and by 2.3% since the previous quarter
The equity has grown by 34% YoY and by 2.2% from the previous quarter
The stock's P/B is 8% more than its last 4 quarters average of 17.0 and 6% more than its 5-year quarterly average of 17.3
The revenue has increased by 20% YoY and by 5% from the previous quarter
The stock's price to sales (P/S) is 19% more than its 5-year quarterly average of 15.0 and 3.6% more than its last 4 quarters average of 17.2
Efficiency
How efficient is Cadence Design Systems business performance
The ROIC has contracted by 43% YoY and by 11% from the previous quarter
The ROA is down by 34% year-on-year and by 7% since the previous quarter
The company's return on equity fell by 26% YoY and by 4% 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 113% higher than the total liabilities
The quick ratio has surged by 169% year-on-year and by 6% since the previous quarter
CDNS's current ratio has soared by 133% YoY and by 4.8% from the previous quarter
The company's debt is 48% lower than its equity
The debt to equity has soared by 189% YoY
The equity has grown by 34% YoY and by 2.2% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.