- Stocks
- Technology
- NASDAQ: CDNS

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

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

What are the main financial stats of CDNS

Market
Valuations
Earnings

Shares outstanding

278.27M

Market cap

$40.53B

Enterprise value

$40.14B

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

Revenue

$2.8B

EBIT

$725.32M

EBITDA

$875.51M

Free cash flow

$806.04M

Per share
Balance sheet
Liquidity

EPS

$2.39

Free cash flow per share

$2.94

Book value per share

$9.11

Revenue per share

$10.22

TBVPS

$10.3

Total assets

$4B

Total liabilities

$1.46B

Debt

$346.99M

Equity

$2.54B

Working capital

$557.39M

Debt to equity

0.14

Current ratio

1.7

Quick ratio

1.43

Net debt/EBITDA

-0.45

Margins
Efficiency
Dividend

EBITDA margin

31.3%

Gross margin

88.8%

Net margin

23.3%

Operating margin

25.4%

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 yield

N/A

DPS

N/A

Payout ratio

N/A

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%

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

What is Cadence Design Systems's growth rate over time

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

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

What is CDNS's dividend

DPS

N/A

Dividend yield

N/A

Payout ratio

N/A

There are no recent dividends present for CDNS.

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.