CDNS Cadence Design Systems Inc

Price (delayed)

$137.42

Market cap

$38.33B

P/E Ratio

34.97

Dividend/share

N/A

EPS

$3.93

Enterprise value

$37.72B

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 EPS has surged by 152% year-on-year and by 6% since the previous quarter
The company's net income has surged by 152% YoY and by 6% QoQ
The stock's P/E is 58% above its last 4 quarters average of 22.1 but 6% below its 5-year quarterly average of 37.1
The quick ratio has increased by 11% since the previous quarter but it has declined by 4% year-on-year
The company's debt has surged by 101% YoY

Key stats

What are the main financial stats of CDNS
Market
Shares outstanding
278.93M
Market cap
$38.33B
Enterprise value
$37.72B
Valuations
Price to earnings (P/E)
34.97
Price to book (P/B)
15.99
Price to sales (P/S)
14.93
EV/EBIT
65.94
EV/EBITDA
53.22
EV/Sales
14.95
Earnings
Revenue
$2.52B
EBIT
$572.08M
EBITDA
$708.83M
Free cash flow
$837.87M
Per share
EPS
$3.93
Free cash flow per share
$3.06
Book value per share
$8.59
Revenue per share
$9.21
TBVPS
$11.43
Balance sheet
Total assets
$4.14B
Total liabilities
$1.74B
Debt
$696.58M
Equity
$2.4B
Working capital
$618.59M
Liquidity
Debt to equity
0.29
Current ratio
1.55
Quick ratio
1.44
Net debt/EBITDA
-0.86
Margins
EBITDA margin
28.1%
Gross margin
87.9%
Net margin
42.7%
Operating margin
22.6%
Efficiency
Return on assets
28.2%
Return on equity
48.3%
Return on invested capital
40.2%
Return on capital employed
18.9%
Return on sales
22.7%
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
-0.87%
1 week
2.06%
1 month
2.27%
1 year
83.72%
YTD
0.73%
QTD
0.73%

Financial performance

How have Cadence Design Systems's revenue and profit performed over time
Revenue
$2.52B
Gross profit
$2.22B
Operating income
$569.47M
Net income
$1.08B
Gross margin
87.9%
Net margin
42.7%
The company's net income has surged by 152% YoY and by 6% QoQ
The company's net margin has surged by 131% YoY and by 2.4% QoQ
CDNS's operating income is up by 15% year-on-year and by 9% since the previous quarter
The revenue has increased by 9% YoY and by 3.6% 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
34.97
P/B
15.99
P/S
14.93
EV/EBIT
65.94
EV/EBITDA
53.22
EV/Sales
14.95
The EPS has surged by 152% year-on-year and by 6% since the previous quarter
The stock's P/E is 58% above its last 4 quarters average of 22.1 but 6% below its 5-year quarterly average of 37.1
The equity has soared by 62% YoY and by 6% from the previous quarter
The stock's P/B is 57% more than its 5-year quarterly average of 10.2 and 55% more than its last 4 quarters average of 10.3
The stock's price to sales (P/S) is 133% more than its 5-year quarterly average of 6.4 and 61% more than its last 4 quarters average of 9.3
The revenue has increased by 9% YoY and by 3.6% from the previous quarter

Efficiency

How efficient is Cadence Design Systems business performance
The ROA has soared by 70% year-on-year but it is down by 4.4% since the previous quarter
The company's return on equity has surged by 57% YoY but it fell by 4.9% QoQ
The ROIC has contracted by 31% YoY
The return on sales rose by 6% since the previous quarter and by 4.6% year-on-year

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 137% higher than the total liabilities
The total assets has soared by 56% YoY and by 3.5% QoQ
The quick ratio has increased by 11% since the previous quarter but it has declined by 4% year-on-year
The company's debt is 71% lower than its equity
The equity has soared by 62% YoY and by 6% from the previous quarter
The debt to equity has grown by 26% YoY but it has contracted by 6% from the previous quarter

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