Cadence Design Systems Statistics
Total Valuation
CDNS has a market cap or net worth of $70.82 billion. The enterprise value is $70.83 billion.
| Market Cap | 70.82B |
| Enterprise Value | 70.83B |
Important Dates
The next confirmed earnings date is Monday, April 28, 2025, after market close.
| Earnings Date | Apr 28, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
CDNS has 274.31 million shares outstanding. The number of shares has increased by 0.40% in one year.
| Current Share Class | 274.31M |
| Shares Outstanding | 274.31M |
| Shares Change (YoY) | +0.40% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 0.28% |
| Owned by Institutions (%) | 88.40% |
| Float | 273.28M |
Valuation Ratios
The trailing PE ratio is 67.04 and the forward PE ratio is 38.39. CDNS's PEG ratio is 2.77.
| PE Ratio | 67.04 |
| Forward PE | 38.39 |
| PS Ratio | 15.44 |
| Forward PS | 13.42 |
| PB Ratio | 15.49 |
| P/TBV Ratio | 41.75 |
| P/FCF Ratio | 63.50 |
| P/OCF Ratio | 56.32 |
| PEG Ratio | 2.77 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 44.66, with an EV/FCF ratio of 63.36.
| EV / Earnings | 67.11 |
| EV / Sales | 15.26 |
| EV / EBITDA | 44.66 |
| EV / EBIT | 50.99 |
| EV / FCF | 63.36 |
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 | n/a |
| Profits Per Employee | n/a |
| Employee Count | n/a |
| 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 -13.82% in the last 52 weeks. The beta is 1.14, so CDNS's price volatility has been higher than the market average.
| Beta (5Y) | 1.14 |
| 52-Week Price Change | -13.82% |
| 50-Day Moving Average | 261.29 |
| 200-Day Moving Average | 280.09 |
| Relative Strength Index (RSI) | 51.99 |
| Average Volume (20 Days) | 2,363,252 |
Short Selling Information
The latest short interest is 5.13 million, so 1.87% of the outstanding shares have been sold short.
| Short Interest | 5.13M |
| Short Previous Month | 5.05M |
| Short % of Shares Out | 1.87% |
| Short % of Float | 1.88% |
| Short Ratio (days to cover) | 2.22 |
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 | 1.49% |
| FCF Yield | 1.57% |
Analyst Forecast
The average price target for CDNS is $320.67, which is 24.21% higher than the current price. The consensus rating is "Buy".
| Price Target | $320.67 |
| Price Target Difference | 24.21% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| 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 13.36 and a Piotroski F-Score of 5.
| Altman Z-Score | 13.36 |
| Piotroski F-Score | 5 |