Cadence Design Systems Inc logo

Cadence Design Systems Inc

€ 175.34 (+1.55%) Feb 8
P/E:
66.69
P/B:
19.18
Market Cap:
€ 48.15B ($ 51.68B)
Enterprise V:
€ 47.94B ($ 51.45B)
Volume:
5.00
Avg Vol (2M):
55.00
Also Trade In:
Volume:
5.00
Market Cap €:
48.15B
Market Cap $:
51.68B
PE Ratio:
66.69
Avg Vol (2-Month):
55.00
Enterprise Value €:
47.94B
Enterprise Value $:
51.45B
PB Ratio:
19.18

Business Description

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.
Name Current Vs Industry Vs History
Cash-To-Debt 1.29
Equity-to-Asset 0.55
Debt-to-Equity 0.3
Debt-to-EBITDA 0.68
Interest Coverage 58.25
Piotroski F-Score 7/9
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9
Altman Z-Score 16.06
Distress
Grey
Safe
Beneish M-Score -2.72
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC

Momentum Rank

Name Current Vs Industry Vs History
5-Day RSI 73.55
9-Day RSI 70.82
14-Day RSI 67.56
6-1 Month Momentum % -17.78
12-1 Month Momentum % 16.15

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 1.33
Quick Ratio 1.24
Cash Ratio 0.82
Days Inventory 115.06
Days Sales Outstanding 22.93

Dividend & Buy Back

Name Current Vs Industry Vs History
3-Year Average Share Buyback Ratio 0.4

Financials (Next Earnings Date:2023-02-13)

FRA:CDS's 30-Y Financials

How Cadence Design Systems Inc (FRA:CDS) Makes Its Money

Historical Operating Revenue by Business Segment

Historical Operating Revenue by Geographic Region

Cadence Design Systems Inc Operating Data

FRA:CDS's Complete Operating Data
No operating data available for Cadence Design Systems Inc.

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:
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Performance

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Annualized Return %

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Executives

Details

Valuation chart

Year:

Analyst Estimate

Key Statistics

Name Value
Revenue (TTM) (Mil €) 3,225.735
EPS (TTM) (€) 2.66
Beta 0.55
Volatility % 32.17
14-Day RSI 67.56
14-Day ATR (€) 2.59053
20-Day SMA (€) 164.475
12-1 Month Momentum % 16.15
52-Week Range (€) 115.44 - 191
Shares Outstanding (Mil) 274.32

Piotroski F-Score Details

Year:
Component Result
Piotroski F-Score 7
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

Cadence Design Systems Inc Stock Events

Event Date Price(€)
No Event Data

Press Release

Subject Date
No Press Release