NAS:CDNS (USA)
Business Description
Cadence Design Systems Inc
NAICS : 511210
SIC : 7372
2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134
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 chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Financial Strength
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 2.96 | |||||
| Equity-to-Asset | 0.6 | |||||
| Debt-to-Equity | 0.13 | |||||
| Debt-to-EBITDA | 0.31 | |||||
| Interest Coverage | 58.88 | |||||
| Piotroski F-Score | 9/9 | |||||
| Altman Z-Score | 20.44 | |||||
| Beneish M-Score | -2.89 | |||||
| WACC vs ROIC | ||||||
Growth Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 12.1 | |||||
| 3-Year EBITDA Growth Rate | 21.2 | |||||
| 3-Year EPS without NRI Growth Rate | 26.7 | |||||
| 3-Year FCF Growth Rate | 24.3 | |||||
| 3-Year Book Growth Rate | 29.1 | |||||
| Future 3-5Y EPS without NRI Growth Rate Industry Rank | 16.74 | |||||
| Future 3-5Y Total Revenue Growth Rate Industry Rank | 13.19 |
Momentum Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 78.71 | |||||
| 9-Day RSI | 77.78 | |||||
| 14-Day RSI | 73.85 | |||||
| 6-1 Month Momentum % | 2.8 | |||||
| 12-1 Month Momentum % | -0.08 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.59 | |||||
| Quick Ratio | 1.49 | |||||
| Cash Ratio | 0.99 | |||||
| Days Inventory | 113.64 | |||||
| Days Sales Outstanding | 24.22 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | 0.4 |
Profitability Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 89.74 | |||||
| Operating Margin % | 30.19 | |||||
| Net Margin % | 23.61 | |||||
| ROE % | 29.2 | |||||
| ROA % | 18.04 | |||||
| ROIC % | 24.38 | |||||
| ROC (Joel Greenblatt) % | 294.28 | |||||
| ROCE % | 29.46 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 66.86 | |||||
| Forward PE Ratio | 48.08 | |||||
| PE Ratio without NRI | 66.86 | |||||
| Shiller PE Ratio | 104.72 | |||||
| Price-to-Owner-Earnings | 58.68 | |||||
| PEG Ratio | 3.28 | |||||
| PS Ratio | 15.75 | |||||
| PB Ratio | 19.46 | |||||
| Price-to-Tangible-Book | 34.42 | |||||
| Price-to-Free-Cash-Flow | 47.22 | |||||
| Price-to-Operating-Cash-Flow | 44.04 | |||||
| EV-to-EBIT | 51.33 | |||||
| EV-to-Forward-EBIT | 46.63 | |||||
| EV-to-EBITDA | 45.29 | |||||
| EV-to-Forward-EBITDA | 40.85 | |||||
| EV-to-Revenue | 15.35 | |||||
| EV-to-Forward-Revenue | 14.57 | |||||
| EV-to-FCF | 46.05 | |||||
| Price-to-Projected-FCF | 4.09 | |||||
| Price-to-DCF (Earnings Based) | 1.85 | |||||
| Price-to-DCF (FCF Based) | 1.65 | |||||
| Price-to-Median-PS-Value | 2.92 | |||||
| Price-to-Peter-Lynch-Fair-Value | 3.06 | |||||
| Price-to-Graham-Number | 10.11 | |||||
| Earnings Yield (Greenblatt) % | 1.95 | |||||
| Forward Rate of Return (Yacktman) % | 21.46 |
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Executives
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Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 3,283.218 | ||
| EPS (TTM) ($) | 2.79 | ||
| Beta | 1.13 | ||
| Volatility % | 39.02 | ||
| 14-Day RSI | 73.85 | ||
| 14-Day ATR ($) | 5.10468 | ||
| 20-Day SMA ($) | 170.0435 | ||
| 12-1 Month Momentum % | -0.08 | ||
| 52-Week Range ($) | 132.315 - 192.7 | ||
| Shares Outstanding (Mil) | 273.87 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 9 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Cadence Design Systems Inc Filings
| Document | Form | Filing Date | ||
|---|---|---|---|---|
| No Filing Data | ||||