Cadence Design Systems Statistics
Total Valuation
CDNS has a market cap or net worth of $73.77 billion. The enterprise value is $73.61 billion.
| Market Cap | 73.77B |
| Enterprise Value | 73.61B |
Important Dates
The next estimated earnings date is Monday, April 21, 2025, after market close.
| Earnings Date | Apr 21, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
CDNS has 274.11 million shares outstanding. The number of shares has increased by 0.40% in one year.
| Current Share Class | 274.11M |
| Shares Outstanding | 274.11M |
| Shares Change (YoY) | +0.40% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 0.36% |
| Owned by Institutions (%) | 88.38% |
| Float | 272.86M |
Valuation Ratios
The trailing PE ratio is 69.90 and the forward PE ratio is 39.99. CDNS's PEG ratio is 2.87.
| PE Ratio | 69.90 |
| Forward PE | 39.99 |
| PS Ratio | 15.73 |
| Forward PS | 13.94 |
| PB Ratio | 15.77 |
| P/TBV Ratio | 43.39 |
| P/FCF Ratio | 65.98 |
| P/OCF Ratio | 58.52 |
| PEG Ratio | 2.87 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 46.41, with an EV/FCF ratio of 65.84.
| EV / Earnings | 69.74 |
| EV / Sales | 15.86 |
| EV / EBITDA | 46.41 |
| EV / EBIT | 52.99 |
| EV / FCF | 65.84 |
Financial Position
The company has a current ratio of 2.93, with a Debt / Equity ratio of 0.56.
| Current Ratio | 2.93 |
| Quick Ratio | 2.53 |
| Debt / Equity | 0.56 |
| Debt / EBITDA | 1.59 |
| Debt / FCF | 2.35 |
| Interest Coverage | 18.28 |
Financial Efficiency
Return on equity (ROE) is 26.13% and return on invested capital (ROIC) is 15.09%.
| Return on Equity (ROE) | 26.13% |
| Return on Assets (ROA) | 11.86% |
| Return on Invested Capital (ROIC) | 15.09% |
| Return on Capital Employed (ROCE) | 18.27% |
| Revenue Per Employee | $365,454 |
| Profits Per Employee | $83,109 |
| Employee Count | 12,700 |
| Asset Turnover | 0.63 |
| Inventory Turnover | 2.95 |
Taxes
In the past 12 months, CDNS has paid $340.34 million in taxes.
| Income Tax | 340.34M |
| Effective Tax Rate | 24.38% |
Stock Price Statistics
The stock price has decreased by -16.56% in the last 52 weeks. The beta is 1.05, so CDNS's price volatility has been similar to the market average.
| Beta (5Y) | 1.05 |
| 52-Week Price Change | -16.56% |
| 50-Day Moving Average | 276.70 |
| 200-Day Moving Average | 284.48 |
| Relative Strength Index (RSI) | 57.82 |
| Average Volume (20 Days) | 2,499,799 |
Short Selling Information
The latest short interest is 4.29 million, so 1.56% of the outstanding shares have been sold short.
| Short Interest | 4.29M |
| Short Previous Month | 4.08M |
| Short % of Shares Out | 1.56% |
| Short % of Float | 1.57% |
| Short Ratio (days to cover) | 1.86 |
Income Statement
In the last 12 months, CDNS had revenue of $4.64 billion and earned $1.06 billion in profits. Earnings per share was $3.85.
| Revenue | 4.64B |
| Gross Profit | 3.99B |
| Operating Income | 1.39B |
| Pretax Income | n/a |
| Net Income | 1.06B |
| EBITDA | 1.59B |
| EBIT | 1.39B |
| Earnings Per Share (EPS) | $3.85 |
Balance Sheet
The company has $2.78 billion in cash and $2.63 billion in debt, giving a net cash position of $158.03 million or $0.58 per share.
| Cash & Cash Equivalents | 2.78B |
| Total Debt | 2.63B |
| Net Cash | 158.03M |
| Net Cash Per Share | $0.58 |
| Equity (Book Value) | 4.67B |
| Book Value Per Share | 17.07 |
| Working Capital | 2.65B |
Cash Flow
In the last 12 months, operating cash flow was $1.26 billion and capital expenditures -$142.54 million, giving a free cash flow of $1.12 billion.
| Operating Cash Flow | 1.26B |
| Capital Expenditures | -142.54M |
| Free Cash Flow | 1.12B |
| FCF Per Share | $4.08 |
Margins
Gross margin is 86.05%, with operating and profit margins of 29.93% and 22.74%.
| Gross Margin | 86.05% |
| Operating Margin | 29.93% |
| Pretax Margin | 30.07% |
| Profit Margin | 22.74% |
| EBITDA Margin | 34.17% |
| EBIT Margin | 29.93% |
| FCF Margin | 24.09% |
Dividends & Yields
CDNS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.40% |
| Shareholder Yield | -0.40% |
| Earnings Yield | 1.43% |
| FCF Yield | 1.52% |
Analyst Forecast
The average price target for CDNS is $324.83, which is 20.63% higher than the current price. The consensus rating is "Buy".
| Price Target | $324.83 |
| Price Target Difference | 20.63% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 11.47% |
| EPS Growth Forecast (5Y) | 22.40% |
Stock Splits
The last stock split was on November 17, 1997. It was a forward split with a ratio of 2:1.
| Last Split Date | Nov 17, 1997 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
CDNS has an Altman Z-Score of 13.36 and a Piotroski F-Score of 5.
| Altman Z-Score | 13.36 |
| Piotroski F-Score | 5 |