Cadence Design Systems Statistics
Total Valuation
CDNS has a market cap or net worth of $81.05 billion. The enterprise value is $80.62 billion.
| Market Cap | 81.05B |
| Enterprise Value | 80.62B |
Important Dates
The next estimated earnings date is Monday, July 21, 2025, after market close.
| Earnings Date | Jul 21, 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 (%) | 89.37% |
| Float | 272.02M |
Valuation Ratios
The trailing PE ratio is 75.34 and the forward PE ratio is 43.25. CDNS's PEG ratio is 2.96.
| PE Ratio | 75.34 |
| Forward PE | 43.25 |
| PS Ratio | 16.55 |
| Forward PS | 14.97 |
| PB Ratio | 16.97 |
| P/TBV Ratio | 45.73 |
| P/FCF Ratio | 58.80 |
| P/OCF Ratio | 54.24 |
| PEG Ratio | 2.96 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 47.13, with an EV/FCF ratio of 58.49.
| EV / Earnings | 74.55 |
| EV / Sales | 16.54 |
| EV / EBITDA | 47.13 |
| EV / EBIT | 53.74 |
| EV / FCF | 58.49 |
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 decreased by -7.84% in the last 52 weeks. The beta is 0.98, so CDNS's price volatility has been similar to the market average.
| Beta (5Y) | 0.98 |
| 52-Week Price Change | -7.84% |
| 50-Day Moving Average | 293.75 |
| 200-Day Moving Average | 284.09 |
| Relative Strength Index (RSI) | 46.85 |
| Average Volume (20 Days) | 2,097,716 |
Short Selling Information
The latest short interest is 3.66 million, so 1.34% of the outstanding shares have been sold short.
| Short Interest | 3.66M |
| Short Previous Month | 4.08M |
| Short % of Shares Out | 1.34% |
| Short % of Float | 1.34% |
| Short Ratio (days to cover) | 1.64 |
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 | 1.33% |
| FCF Yield | 1.70% |
Analyst Forecast
The average price target for CDNS is $325.62, which is 9.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $325.62 |
| Price Target Difference | 9.70% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 10.19% |
| EPS Growth Forecast (5Y) | 20.90% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 |