Cadence Design Systems Statistics
Total Valuation
CDNS has a market cap or net worth of $106.85 billion. The enterprise value is $108.39 billion.
| Market Cap | 106.85B |
| Enterprise Value | 108.39B |
Important Dates
The next estimated earnings date is Monday, July 27, 2026, after market close.
| Earnings Date | Jul 27, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
CDNS has 275.82 million shares outstanding. The number of shares has decreased by -0.19% in one year.
| Current Share Class | 275.82M |
| Shares Outstanding | 275.82M |
| Shares Change (YoY) | -0.19% |
| Shares Change (QoQ) | +0.29% |
| Owned by Insiders (%) | 0.35% |
| Owned by Institutions (%) | 87.00% |
| Float | 274.54M |
Valuation Ratios
The trailing PE ratio is 90.29 and the forward PE ratio is 47.59. CDNS's PEG ratio is 3.32.
| PE Ratio | 90.29 |
| Forward PE | 47.59 |
| PS Ratio | 19.33 |
| Forward PS | 16.78 |
| PB Ratio | 16.28 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 74.72 |
| P/OCF Ratio | 66.88 |
| PEG Ratio | 3.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 53.81, with an EV/FCF ratio of 75.80.
| EV / Earnings | 92.56 |
| EV / Sales | 19.60 |
| EV / EBITDA | 53.81 |
| EV / EBIT | 61.77 |
| EV / FCF | 75.80 |
Financial Position
The company has a current ratio of 1.47, with a Debt / Equity ratio of 0.47.
| Current Ratio | 1.47 |
| Quick Ratio | 1.21 |
| Debt / Equity | 0.47 |
| Debt / EBITDA | 1.48 |
| Debt / FCF | 2.16 |
| Interest Coverage | 14.74 |
Financial Efficiency
Return on equity (ROE) is 20.66% and return on invested capital (ROIC) is 19.70%.
| Return on Equity (ROE) | 20.66% |
| Return on Assets (ROA) | 10.39% |
| Return on Invested Capital (ROIC) | 19.70% |
| Return on Capital Employed (ROCE) | 17.66% |
| Weighted Average Cost of Capital (WACC) | 10.35% |
| Revenue Per Employee | $400,624 |
| Profits Per Employee | $84,853 |
| Employee Count | 13,800 |
| Asset Turnover | 0.52 |
| Inventory Turnover | 2.83 |
Taxes
In the past 12 months, CDNS has paid $423.49 million in taxes.
| Income Tax | 423.49M |
| Effective Tax Rate | 26.56% |
Stock Price Statistics
The stock price has increased by +29.56% in the last 52 weeks. The beta is 1.15, so CDNS's price volatility has been higher than the market average.
| Beta (5Y) | 1.15 |
| 52-Week Price Change | +29.56% |
| 50-Day Moving Average | 353.71 |
| 200-Day Moving Average | 326.32 |
| Relative Strength Index (RSI) | 55.26 |
| Average Volume (20 Days) | 2,688,563 |
Short Selling Information
The latest short interest is 4.87 million, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 4.87M |
| Short Previous Month | 5.44M |
| Short % of Shares Out | 1.77% |
| Short % of Float | 1.77% |
| Short Ratio (days to cover) | 2.24 |
Income Statement
In the last 12 months, CDNS had revenue of $5.53 billion and earned $1.17 billion in profits. Earnings per share was $4.29.
| Revenue | 5.53B |
| Gross Profit | 4.76B |
| Operating Income | 1.75B |
| Pretax Income | 1.59B |
| Net Income | 1.17B |
| EBITDA | 2.01B |
| EBIT | 1.75B |
| Earnings Per Share (EPS) | $4.29 |
Balance Sheet
The company has $1.55 billion in cash and $3.08 billion in debt, with a net cash position of -$1.54 billion or -$5.57 per share.
| Cash & Cash Equivalents | 1.55B |
| Total Debt | 3.08B |
| Net Cash | -1.54B |
| Net Cash Per Share | -$5.57 |
| Equity (Book Value) | 6.56B |
| Book Value Per Share | 23.79 |
| Working Capital | 1.02B |
Cash Flow
In the last 12 months, operating cash flow was $1.60 billion and capital expenditures -$167.63 million, giving a free cash flow of $1.43 billion.
| Operating Cash Flow | 1.60B |
| Capital Expenditures | -167.63M |
| Depreciation & Amortization | 259.53M |
| Net Borrowing | 425.00M |
| Free Cash Flow | 1.43B |
| FCF Per Share | $5.18 |
Margins
Gross margin is 86.08%, with operating and profit margins of 31.74% and 21.18%.
| Gross Margin | 86.08% |
| Operating Margin | 31.74% |
| Pretax Margin | 28.84% |
| Profit Margin | 21.18% |
| EBITDA Margin | 36.43% |
| EBIT Margin | 31.74% |
| FCF Margin | 25.86% |
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 | 1.10% |
| FCF Yield | 1.34% |
Analyst Forecast
The average price target for CDNS is $386.78, which is -0.16% lower than the current price. The consensus rating is "Buy".
| Price Target | $386.78 |
| Price Target Difference | -0.16% |
| Analyst Consensus | Buy |
| Analyst Count | 24 |
| Revenue Growth Forecast (3Y) | 14.52% |
| EPS Growth Forecast (3Y) | 15.36% |
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 11.22 and a Piotroski F-Score of 5.
| Altman Z-Score | 11.22 |
| Piotroski F-Score | 5 |