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Cadence Design Systems (Cadence Design Systems) Enterprise Value : $76,280 Mil (As of Apr. 24, 2024)


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Cadence Design Systems Enterprise Value Definition

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cadence Design Systems's Enterprise Value is $76,280 Mil. Cadence Design Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,318 Mil. Therefore, Cadence Design Systems's EV-to-EBIT ratio for today is 57.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Cadence Design Systems's Enterprise Value is $76,280 Mil. Cadence Design Systems's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,464 Mil. Therefore, Cadence Design Systems's EV-to-EBITDA ratio for today is 52.11.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cadence Design Systems's Enterprise Value is $76,280 Mil. Cadence Design Systems's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $4,090 Mil. Therefore, Cadence Design Systems's EV-to-Revenue ratio for today is 18.65.


Cadence Design Systems Enterprise Value Historical Data

The historical data trend for Cadence Design Systems's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cadence Design Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,136.33 37,588.20 50,946.70 43,803.11 73,630.47

Cadence Design Systems Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43,803.11 57,049.52 63,514.82 63,430.95 73,630.47

Competitive Comparison

For the Software - Application subindustry, Cadence Design Systems's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cadence Design Systems Enterprise Value Distribution

For the Software industry and Technology sector, Cadence Design Systems's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Cadence Design Systems's Enterprise Value falls into.



Cadence Design Systems Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Cadence Design Systems's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Cadence Design Systems's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cadence Design Systems  (NAS:CDNS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Cadence Design Systems's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=76279.902/1318.111
=57.87

Cadence Design Systems's current Enterprise Value is $76,280 Mil.
Cadence Design Systems's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,318 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Cadence Design Systems's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=76279.902/1463.854
=52.11

Cadence Design Systems's current Enterprise Value is $76,280 Mil.
Cadence Design Systems's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,464 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Cadence Design Systems's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=76279.902/4089.986
=18.65

Cadence Design Systems's current Enterprise Value is $76,280 Mil.
Cadence Design Systems's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,090 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cadence Design Systems Enterprise Value Related Terms

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Cadence Design Systems (Cadence Design Systems) Business Description

Traded in Other Exchanges
Address
2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Executives
John M Wall officer: Sr. VP & CFO 2655 SEELY AVENUE, SAN JOSE CA 95134
Vincentelli Alberto Sangiovanni director
Karna Nisewaner officer: Corporate VP, General Counsel 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Paul Cunningham officer: Sr. Vice President 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Aneel Zaman officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Anirudh Devgan officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Chin-chi Teng officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Mark Adams director 834 TERRACE DRIVE, LOS ALTOS CA 94024
James D Plummer director 233 KANSAS STREET, EL SEGUNDO CA 90245
Thomas P Beckley officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Young Sohn director 1390 KIFER ROAD, SUNNYVALE CA 94086
John B Shoven director
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
Surendra Babu Mandava officer: Sr. Vice President 47211 LAKEVIEW BLVD, FREMONT CA 94538