EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cadence Design Systems's enterprise value is $77,523 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 for today is 52.96.
The historical rank and industry rank for Cadence Design Systems's EV-to-EBITDA or its related term are showing as below:
CDNS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.88 Med: 27.31 Max: 59.8
Current: 52.96
During the past 13 years, the highest EV-to-EBITDA of Cadence Design Systems was 59.80. The lowest was 10.88. And the median was 27.31.
CDNS's EV-to-EBITDA is ranked worse than 86.29% of 1838
companies
in the Software industry
Industry Median: 14.56
vs CDNS: 52.96
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-19), Cadence Design Systems's stock price is $280.625.
Cadence Design Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.820. Therefore, Cadence Design Systems's PE Ratio for today is 73.46.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Cadence Design Systems EV-to-EBITDA Historical Data
The historical data trend for Cadence Design Systems's EV-to-EBITDA 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
EV-to-EBITDA
30.81
46.77
55.61
36.39
50.30
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
EV-to-EBITDA
36.39
46.85
50.88
48.46
50.30
Competitive Comparison
For the Software - Application subindustry, Cadence Design Systems's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution
For the Software industry and Technology sector, Cadence Design Systems's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cadence Design Systems's EV-to-EBITDA falls into.
Cadence Design Systems EV-to-EBITDA Calculation
Cadence Design Systems's EV-to-EBITDA for today is calculated as:
Cadence Design Systems's current Enterprise Value is $77,523 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.
* 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) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Cadence Design Systems's PE Ratio for today is calculated as:
Cadence Design Systems's share price for today is $280.625.
Cadence Design Systems's Earnings per Share (Diluted) 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 $3.820.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Cadence Design Systems's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Cadence Design Systems (Cadence Design Systems) Business Description
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.
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