CDNS Cadence Design Systems Inc

Price (delayed)

$141.88

Market cap

$39.58B

P/E Ratio

65.69

Dividend/share

N/A

EPS

$2.16

Enterprise value

$39B

Sector: Technology
Industry: Software - Application

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 company's debt has shrunk by 50% QoQ
The equity has grown by 19% YoY and by 4.1% from the previous quarter
The stock's P/E is 96% above its last 4 quarters average of 33.0 and 66% above its 5-year quarterly average of 39.1
The EPS has declined by 45% since the previous quarter and by 40% year-on-year

Key stats

What are the main financial stats of CDNS
Market
Shares outstanding
278.97M
Market cap
$39.58B
Enterprise value
$39B
Valuations
Price to earnings (P/E)
65.69
Price to book (P/B)
15.87
Price to sales (P/S)
14.48
EV/EBIT
59.68
EV/EBITDA
48.53
EV/Sales
14.54
Earnings
Revenue
$2.68B
EBIT
$653.5M
EBITDA
$803.63M
Free cash flow
$810.11M
Per share
EPS
$2.16
Free cash flow per share
$2.96
Book value per share
$8.94
Revenue per share
$9.8
TBVPS
$10.81
Balance sheet
Total assets
$3.95B
Total liabilities
$1.46B
Debt
$346.79M
Equity
$2.49B
Working capital
$681.78M
Liquidity
Debt to equity
0.14
Current ratio
1.86
Quick ratio
1.59
Net debt/EBITDA
-0.72
Margins
EBITDA margin
30%
Gross margin
88.6%
Net margin
22%
Operating margin
24.1%
Efficiency
Return on assets
14.9%
Return on equity
25.4%
Return on invested capital
45.2%
Return on capital employed
20.7%
Return on sales
24.4%
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
1.3%
1 week
-3.65%
1 month
10.63%
1 year
77.73%
YTD
3.99%
QTD
3.57%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$2.68B
Gross profit
$2.38B
Operating income
$645.55M
Net income
$590.64M
Gross margin
88.6%
Net margin
22%
The company's net margin fell by 48% QoQ and by 48% YoY
The company's net income fell by 45% QoQ and by 40% YoY
CDNS's operating income is up by 31% year-on-year and by 13% since the previous quarter
Cadence Design Systems's gross profit has increased by 15% YoY and by 7% QoQ

Growth

What is Cadence Design Systems's growth rate over time

Valuation

What is Cadence Design Systems stock price valuation
P/E
65.69
P/B
15.87
P/S
14.48
EV/EBIT
59.68
EV/EBITDA
48.53
EV/Sales
14.54
The stock's P/E is 96% above its last 4 quarters average of 33.0 and 66% above its 5-year quarterly average of 39.1
The EPS has declined by 45% since the previous quarter and by 40% year-on-year
The stock's P/B is 46% more than its 5-year quarterly average of 10.7 and 33% more than its last 4 quarters average of 11.8
The equity has grown by 19% YoY and by 4.1% from the previous quarter
The stock's price to sales (P/S) is 107% more than its 5-year quarterly average of 6.9 and 34% more than its last 4 quarters average of 10.7
The revenue has increased by 15% YoY and by 6% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The company's return on equity has shrunk by 59% YoY and by 47% QoQ
The ROA has dropped by 58% year-on-year and by 47% since the previous quarter
The return on sales rose by 15% year-on-year and by 7% since the previous quarter
The ROIC has grown by 12% from the previous quarter but it has contracted by 6% 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 171% higher than the total liabilities
CDNS's current ratio is up by 20% from the previous quarter and by 7% YoY
The total assets has increased by 18% YoY but it has decreased by 4.6% QoQ
The company's debt is 86% lower than its equity
The debt to equity has plunged by 52% from the previous quarter and by 13% YoY
The company's debt has shrunk by 50% QoQ

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