Cadence Design Systems Statistics
Total Valuation
CDNS has a market cap or net worth of $77.52 billion. The enterprise value is $77.03 billion.
| Market Cap | 77.52B |
| Enterprise Value | 77.03B |
Important Dates
The next estimated earnings date is Monday, April 27, 2026, after market close.
| Earnings Date | Apr 27, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
CDNS has 272.65 million shares outstanding. The number of shares has decreased by -0.19% in one year.
| Current Share Class | 276.09M |
| Shares Outstanding | 272.65M |
| Shares Change (YoY) | -0.19% |
| Shares Change (QoQ) | -0.32% |
| Owned by Insiders (%) | 0.38% |
| Owned by Institutions (%) | 86.48% |
| Float | 274.73M |
Valuation Ratios
The trailing PE ratio is 70.03 and the forward PE ratio is 36.11. CDNS's PEG ratio is 2.56.
| PE Ratio | 70.03 |
| Forward PE | 36.11 |
| PS Ratio | 14.64 |
| Forward PS | 12.64 |
| PB Ratio | 14.12 |
| P/TBV Ratio | 38.63 |
| P/FCF Ratio | 48.85 |
| P/OCF Ratio | 44.84 |
| PEG Ratio | 2.56 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 40.37, with an EV/FCF ratio of 48.54.
| EV / Earnings | 69.47 |
| EV / Sales | 14.54 |
| EV / EBITDA | 40.37 |
| EV / EBIT | 45.84 |
| EV / FCF | 48.54 |
Financial Position
The company has a current ratio of 2.86, with a Debt / Equity ratio of 0.49.
| Current Ratio | 2.86 |
| Quick Ratio | 2.51 |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 1.35 |
| Debt / FCF | 1.68 |
| Interest Coverage | 14.42 |
Financial Efficiency
Return on equity (ROE) is 21.85% and return on invested capital (ROIC) is 25.16%.
| Return on Equity (ROE) | 21.85% |
| Return on Assets (ROA) | 10.98% |
| Return on Invested Capital (ROIC) | 25.16% |
| Return on Capital Employed (ROCE) | 19.73% |
| Weighted Average Cost of Capital (WACC) | 9.66% |
| Revenue Per Employee | $383,823 |
| Profits Per Employee | $80,354 |
| Employee Count | 13,800 |
| Asset Turnover | 0.55 |
| Inventory Turnover | 2.57 |
Taxes
In the past 12 months, CDNS has paid $413.16 million in taxes.
| Income Tax | 413.16M |
| Effective Tax Rate | 27.14% |
Stock Price Statistics
The stock price has increased by +8.35% in the last 52 weeks. The beta is 1.02, so CDNS's price volatility has been similar to the market average.
| Beta (5Y) | 1.02 |
| 52-Week Price Change | +8.35% |
| 50-Day Moving Average | 298.44 |
| 200-Day Moving Average | 322.66 |
| Relative Strength Index (RSI) | 43.29 |
| Average Volume (20 Days) | 2,489,940 |
Short Selling Information
The latest short interest is 5.29 million, so 1.94% of the outstanding shares have been sold short.
| Short Interest | 5.29M |
| Short Previous Month | 5.03M |
| Short % of Shares Out | 1.94% |
| Short % of Float | 1.93% |
| Short Ratio (days to cover) | 1.64 |
Income Statement
In the last 12 months, CDNS had revenue of $5.30 billion and earned $1.11 billion in profits. Earnings per share was $4.06.
| Revenue | 5.30B |
| Gross Profit | 4.57B |
| Operating Income | 1.68B |
| Pretax Income | 1.52B |
| Net Income | 1.11B |
| EBITDA | 1.91B |
| EBIT | 1.68B |
| Earnings Per Share (EPS) | $4.06 |
Balance Sheet
The company has $3.16 billion in cash and $2.67 billion in debt, with a net cash position of $489.20 million or $1.79 per share.
| Cash & Cash Equivalents | 3.16B |
| Total Debt | 2.67B |
| Net Cash | 489.20M |
| Net Cash Per Share | $1.79 |
| Equity (Book Value) | 5.47B |
| Book Value Per Share | 20.14 |
| Working Capital | 3.03B |
Cash Flow
In the last 12 months, operating cash flow was $1.73 billion and capital expenditures -$141.87 million, giving a free cash flow of $1.59 billion.
| Operating Cash Flow | 1.73B |
| Capital Expenditures | -141.87M |
| Depreciation & Amortization | 227.83M |
| Net Borrowing | n/a |
| Free Cash Flow | 1.59B |
| FCF Per Share | $5.82 |
Margins
Gross margin is 86.36%, with operating and profit margins of 31.72% and 20.94%.
| Gross Margin | 86.36% |
| Operating Margin | 31.72% |
| Pretax Margin | 28.74% |
| Profit Margin | 20.94% |
| EBITDA Margin | 36.02% |
| EBIT Margin | 31.72% |
| FCF Margin | 29.96% |
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 | 0.19% |
| Shareholder Yield | 0.19% |
| Earnings Yield | 1.43% |
| FCF Yield | 2.05% |
Analyst Forecast
The average price target for CDNS is $369.47, which is 29.95% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $369.47 |
| Price Target Difference | 29.95% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 13.28 and a Piotroski F-Score of 5.
| Altman Z-Score | 13.28 |
| Piotroski F-Score | 5 |