CDNS Cadence Design Systems Inc

Price (delayed)

$145.67

Market cap

$40.53B

P/E Ratio

60.95

Dividend/share

N/A

EPS

$2.39

Enterprise value

$40.14B

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% YoY
Cadence Design Systems's gross profit has increased by 18% YoY and by 4.6% QoQ
The EPS has declined by 34% year-on-year but it rose by 11% since the previous quarter
The company's net income fell by 34% YoY but it rose by 11% QoQ
The stock's P/E is 49% above its 5-year quarterly average of 40.8 and 40% above its last 4 quarters average of 43.5

Key stats

What are the main financial stats of CDNS
Market
Shares outstanding
278.27M
Market cap
$40.53B
Enterprise value
$40.14B
Valuations
Price to earnings (P/E)
60.95
Price to book (P/B)
15.98
Price to sales (P/S)
14.25
EV/EBIT
55.34
EV/EBITDA
45.85
EV/Sales
14.33
Earnings
Revenue
$2.8B
EBIT
$725.32M
EBITDA
$875.51M
Free cash flow
$806.04M
Per share
EPS
$2.39
Free cash flow per share
$2.94
Book value per share
$9.11
Revenue per share
$10.22
TBVPS
$10.3
Balance sheet
Total assets
$4B
Total liabilities
$1.46B
Debt
$346.99M
Equity
$2.54B
Working capital
$557.39M
Liquidity
Debt to equity
0.14
Current ratio
1.7
Quick ratio
1.43
Net debt/EBITDA
-0.45
Margins
EBITDA margin
31.3%
Gross margin
88.8%
Net margin
23.3%
Operating margin
25.4%
Efficiency
Return on assets
16.3%
Return on equity
27%
Return on invested capital
48.8%
Return on capital employed
22.6%
Return on sales
25.9%
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
1.85%
1 week
5.81%
1 month
9.53%
1 year
41.51%
YTD
6.77%
QTD
6.47%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$2.8B
Gross profit
$2.49B
Operating income
$710.14M
Net income
$653.83M
Gross margin
88.8%
Net margin
23.3%
The company's net margin fell by 44% YoY but it rose by 6% QoQ
CDNS's operating income is up by 41% year-on-year and by 10% since the previous quarter
The company's net income fell by 34% YoY but it rose by 11% QoQ
The operating margin has increased by 20% YoY and by 5% from the previous quarter

Growth

What is Cadence Design Systems's growth rate over time

Valuation

What is Cadence Design Systems stock price valuation
P/E
60.95
P/B
15.98
P/S
14.25
EV/EBIT
55.34
EV/EBITDA
45.85
EV/Sales
14.33
The stock's P/E is 49% above its 5-year quarterly average of 40.8 and 40% above its last 4 quarters average of 43.5
The EPS has declined by 34% year-on-year but it rose by 11% since the previous quarter
The stock's P/B is 44% more than its 5-year quarterly average of 11.1 and 18% more than its last 4 quarters average of 13.6
The equity has grown by 18% YoY
The stock's price to sales (P/S) is 93% more than its 5-year quarterly average of 7.4 and 15% more than its last 4 quarters average of 12.4
The revenue has increased by 18% YoY and by 4.4% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The company's return on equity has shrunk by 51% YoY but it rose by 6% QoQ
The ROA is down by 49% year-on-year but it is up by 9% since the previous quarter
The return on sales rose by 23% year-on-year and by 6% since the previous quarter
The ROIC has grown by 15% YoY and by 8% from 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 175% higher than the total liabilities
CDNS's current ratio is up by 23% YoY but it is down by 9% from the previous quarter
The quick ratio has increased by 17% year-on-year but it has declined by 10% since the previous quarter
The company's debt is 86% lower than its equity
The debt to equity has plunged by 56% YoY
The company's debt has shrunk by 50% YoY

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