Cadence Design Systems Statistics
Total Valuation
CDNS has a market cap or net worth of $78.24 billion. The enterprise value is $79.36 billion.
| Market Cap | 78.24B |
| Enterprise Value | 79.36B |
Important Dates
The next estimated earnings date is Monday, October 26, 2026, after market close.
| Earnings Date | Oct 26, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
CDNS has 275.39 million shares outstanding. The number of shares has increased by 0.17% in one year.
| Current Share Class | 275.39M |
| Shares Outstanding | 275.39M |
| Shares Change (YoY) | +0.17% |
| Shares Change (QoQ) | +0.89% |
| Owned by Insiders (%) | 0.34% |
| Owned by Institutions (%) | 90.51% |
| Float | 274.16M |
Valuation Ratios
The trailing PE ratio is 58.19 and the forward PE ratio is 34.10. CDNS's PEG ratio is 2.26.
| PE Ratio | 58.19 |
| Forward PE | 34.10 |
| PS Ratio | 13.54 |
| Forward PS | 11.82 |
| PB Ratio | 11.75 |
| P/TBV Ratio | 1,150.14 |
| P/FCF Ratio | 47.08 |
| P/OCF Ratio | 42.61 |
| PEG Ratio | 2.26 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 37.18, with an EV/FCF ratio of 47.75.
| EV / Earnings | 58.17 |
| EV / Sales | 13.73 |
| EV / EBITDA | 37.18 |
| EV / EBIT | 43.73 |
| EV / FCF | 47.75 |
Financial Position
The company has a current ratio of 1.74, with a Debt / Equity ratio of 0.39.
| Current Ratio | 1.74 |
| Quick Ratio | 1.43 |
| Debt / Equity | 0.39 |
| Debt / EBITDA | 1.17 |
| Debt / FCF | 1.58 |
| Interest Coverage | 14.64 |
Financial Efficiency
Return on equity (ROE) is 23.23% and return on invested capital (ROIC) is 17.23%.
| Return on Equity (ROE) | 23.23% |
| Return on Assets (ROA) | 10.61% |
| Return on Invested Capital (ROIC) | 17.23% |
| Return on Capital Employed (ROCE) | 17.92% |
| Weighted Average Cost of Capital (WACC) | 10.28% |
| Revenue Per Employee | $423,016 |
| Profits Per Employee | $99,855 |
| Employee Count | 13,800 |
| Asset Turnover | 0.54 |
| Inventory Turnover | 2.68 |
Taxes
In the past 12 months, CDNS has paid $446.09 million in taxes.
| Income Tax | 446.09M |
| Effective Tax Rate | 24.46% |
Stock Price Statistics
The stock price has decreased by -19.06% 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 | -19.06% |
| 50-Day Moving Average | 339.78 |
| 200-Day Moving Average | 327.04 |
| Relative Strength Index (RSI) | 28.35 |
| Average Volume (20 Days) | 2,364,894 |
Short Selling Information
The latest short interest is 4.50 million, so 1.63% of the outstanding shares have been sold short.
| Short Interest | 4.50M |
| Short Previous Month | 6.10M |
| Short % of Shares Out | 1.63% |
| Short % of Float | 1.64% |
| Short Ratio (days to cover) | 1.85 |
Income Statement
In the last 12 months, CDNS had revenue of $5.84 billion and earned $1.38 billion in profits. Earnings per share was $5.03.
| Revenue | 5.84B |
| Gross Profit | 5.01B |
| Operating Income | 1.83B |
| Pretax Income | 1.82B |
| Net Income | 1.38B |
| EBITDA | 2.16B |
| EBIT | 1.83B |
| Earnings Per Share (EPS) | $5.03 |
Balance Sheet
The company has $1.53 billion in cash and $2.65 billion in debt, with a net cash position of -$1.12 billion or -$4.07 per share.
| Cash & Cash Equivalents | 1.53B |
| Total Debt | 2.65B |
| Net Cash | -1.12B |
| Net Cash Per Share | -$4.07 |
| Equity (Book Value) | 6.86B |
| Book Value Per Share | 24.90 |
| Working Capital | 1.37B |
Cash Flow
In the last 12 months, operating cash flow was $1.85 billion and capital expenditures -$176.17 million, giving a free cash flow of $1.68 billion.
| Operating Cash Flow | 1.85B |
| Capital Expenditures | -176.17M |
| Depreciation & Amortization | 322.85M |
| Net Borrowing | n/a |
| Free Cash Flow | 1.68B |
| FCF Per Share | $6.10 |
Margins
Gross margin is 85.87%, with operating and profit margins of 31.40% and 23.61%.
| Gross Margin | 85.87% |
| Operating Margin | 31.40% |
| Pretax Margin | 31.25% |
| Profit Margin | 23.61% |
| EBITDA Margin | 36.93% |
| EBIT Margin | 31.40% |
| FCF Margin | 28.76% |
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 | -0.17% |
| Shareholder Yield | -0.17% |
| Earnings Yield | 1.74% |
| FCF Yield | 2.12% |
Analyst Forecast
The average price target for CDNS is $403.12, which is 41.89% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $403.12 |
| Price Target Difference | 41.89% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 25 |
| Revenue Growth Forecast (3Y) | 15.18% |
| EPS Growth Forecast (3Y) | 15.97% |
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 12.4 and a Piotroski F-Score of 5.
| Altman Z-Score | 12.4 |
| Piotroski F-Score | 5 |