Cadence Design Systems Statistics
Total Valuation
CDNS has a market cap or net worth of $83.49 billion. The enterprise value is $83.06 billion.
| Market Cap | 83.49B |
| Enterprise Value | 83.06B |
Important Dates
The last earnings date was Monday, April 28, 2025, after market close.
| Earnings Date | Apr 28, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
CDNS has 273.04 million shares outstanding. The number of shares has increased by 0.37% in one year.
| Current Share Class | 273.04M |
| Shares Outstanding | 273.04M |
| Shares Change (YoY) | +0.37% |
| Shares Change (QoQ) | -0.24% |
| Owned by Insiders (%) | 0.28% |
| Owned by Institutions (%) | 88.61% |
| Float | 272.00M |
Valuation Ratios
The trailing PE ratio is 77.61 and the forward PE ratio is 44.03. CDNS's PEG ratio is 3.12.
| PE Ratio | 77.61 |
| Forward PE | 44.03 |
| PS Ratio | 17.05 |
| Forward PS | 15.46 |
| PB Ratio | 17.48 |
| P/TBV Ratio | 47.11 |
| P/FCF Ratio | 60.57 |
| P/OCF Ratio | 55.87 |
| PEG Ratio | 3.12 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 48.56, with an EV/FCF ratio of 60.26.
| EV / Earnings | 76.81 |
| EV / Sales | 17.04 |
| EV / EBITDA | 48.56 |
| EV / EBIT | 55.36 |
| EV / FCF | 60.26 |
Financial Position
The company has a current ratio of 3.07, with a Debt / Equity ratio of 0.52.
| Current Ratio | 3.07 |
| Quick Ratio | 2.74 |
| Debt / Equity | 0.52 |
| Debt / EBITDA | 1.40 |
| Debt / FCF | 1.80 |
| Interest Coverage | 15.56 |
Financial Efficiency
Return on equity (ROE) is 25.92% and return on invested capital (ROIC) is 16.35%.
| Return on Equity (ROE) | 25.92% |
| Return on Assets (ROA) | 12.73% |
| Return on Invested Capital (ROIC) | 16.35% |
| Return on Capital Employed (ROCE) | 19.45% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | n/a |
| Asset Turnover | 0.66 |
| Inventory Turnover | 3.35 |
Taxes
In the past 12 months, CDNS has paid $360.05 million in taxes.
| Income Tax | 360.05M |
| Effective Tax Rate | 24.98% |
Stock Price Statistics
The stock price has increased by +8.82% 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 | +8.82% |
| 50-Day Moving Average | 260.45 |
| 200-Day Moving Average | 278.46 |
| Relative Strength Index (RSI) | 66.91 |
| Average Volume (20 Days) | 2,270,877 |
Short Selling Information
The latest short interest is 4.87 million, so 1.78% of the outstanding shares have been sold short.
| Short Interest | 4.87M |
| Short Previous Month | 5.13M |
| Short % of Shares Out | 1.78% |
| Short % of Float | 1.79% |
| Short Ratio (days to cover) | 1.99 |
Income Statement
In the last 12 months, CDNS had revenue of $4.87 billion and earned $1.08 billion in profits. Earnings per share was $3.94.
| Revenue | 4.87B |
| Gross Profit | 4.19B |
| Operating Income | 1.50B |
| Pretax Income | n/a |
| Net Income | 1.08B |
| EBITDA | 1.71B |
| EBIT | 1.50B |
| Earnings Per Share (EPS) | $3.94 |
Balance Sheet
The company has $2.91 billion in cash and $2.48 billion in debt, giving a net cash position of $430.22 million or $1.58 per share.
| Cash & Cash Equivalents | 2.91B |
| Total Debt | 2.48B |
| Net Cash | 430.22M |
| Net Cash Per Share | $1.58 |
| Equity (Book Value) | 4.78B |
| Book Value Per Share | 17.49 |
| Working Capital | 2.70B |
Cash Flow
In the last 12 months, operating cash flow was $1.49 billion and capital expenditures -$116.00 million, giving a free cash flow of $1.38 billion.
| Operating Cash Flow | 1.49B |
| Capital Expenditures | -116.00M |
| Free Cash Flow | 1.38B |
| FCF Per Share | $5.05 |
Margins
Gross margin is 85.86%, with operating and profit margins of 30.78% and 22.19%.
| Gross Margin | 85.86% |
| Operating Margin | 30.78% |
| Pretax Margin | 29.57% |
| Profit Margin | 22.19% |
| EBITDA Margin | 35.09% |
| EBIT Margin | 30.78% |
| FCF Margin | 28.28% |
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 | -0.37% |
| Shareholder Yield | -0.37% |
| Earnings Yield | 1.30% |
| FCF Yield | 1.65% |
Analyst Forecast
The average price target for CDNS is $322.92, which is 5.36% higher than the current price. The consensus rating is "Buy".
| Price Target | $322.92 |
| Price Target Difference | 5.36% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 11.42% |
| EPS Growth Forecast (5Y) | 22.35% |
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 13.49 and a Piotroski F-Score of 5.
| Altman Z-Score | 13.49 |
| Piotroski F-Score | 5 |