Business Description
Cadence Design Systems Inc
NAICS : 511210
SIC : 7372
ISIN : US1273871087
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.
Financial Strength
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 1.49 | |||||
| Equity-to-Asset | 0.6 | |||||
| Debt-to-Equity | 0.23 | |||||
| Debt-to-EBITDA | 0.52 | |||||
| Interest Coverage | 34.88 | |||||
| Piotroski F-Score | 6/9 | |||||
| Altman Z-Score | 22.8 | |||||
| Beneish M-Score | -2.7 | |||||
| WACC vs ROIC | ||||||
Growth Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 16.1 | |||||
| 3-Year EBITDA Growth Rate | 23.1 | |||||
| 3-Year EPS without NRI Growth Rate | 34.3 | |||||
| 3-Year FCF Growth Rate | 16.4 | |||||
| 3-Year Book Growth Rate | 11.9 | |||||
| Future 3-5Y EPS without NRI Growth Rate | 17.76 | |||||
| Future 3-5Y Total Revenue Growth Rate | 12 |
Momentum Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 11.59 | |||||
| 9-Day RSI | 20.84 | |||||
| 14-Day RSI | 30.18 | |||||
| 6-1 Month Momentum % | 33.27 | |||||
| 12-1 Month Momentum % | 54.34 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.24 | |||||
| Quick Ratio | 1.13 | |||||
| Cash Ratio | 0.72 | |||||
| Days Inventory | 124.27 | |||||
| Days Sales Outstanding | 27.07 | |||||
| Days Payable | 58.03 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | 0.9 | |||||
| Shareholder Yield % | 0.81 |
Profitability Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 89.36 | |||||
| Operating Margin % | 30.86 | |||||
| Net Margin % | 25.46 | |||||
| FCF Margin % | 30.5 | |||||
| ROE % | 34.45 | |||||
| ROA % | 19.6 | |||||
| ROIC % | 23.62 | |||||
| ROC (Joel Greenblatt) % | 297.04 | |||||
| ROCE % | 32.98 | |||||
| Years of Profitability over Past 10-Year | 10 |
GF Value Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 72.69 | |||||
| Forward PE Ratio | 46.95 | |||||
| PE Ratio without NRI | 69.17 | |||||
| Shiller PE Ratio | 128.26 | |||||
| Price-to-Owner-Earnings | 77.67 | |||||
| PEG Ratio | 2.88 | |||||
| PS Ratio | 18.52 | |||||
| PB Ratio | 22.16 | |||||
| Price-to-Tangible-Book | 49.23 | |||||
| Price-to-Free-Cash-Flow | 60.74 | |||||
| Price-to-Operating-Cash-Flow | 56.13 | |||||
| EV-to-EBIT | 57.05 | |||||
| EV-to-Forward-EBIT | 43.99 | |||||
| EV-to-EBITDA | 51.37 | |||||
| EV-to-Forward-EBITDA | 36.43 | |||||
| EV-to-Revenue | 18.39 | |||||
| EV-to-Forward-Revenue | 16.38 | |||||
| EV-to-FCF | 60.32 | |||||
| Price-to-Projected-FCF | 4.78 | |||||
| Price-to-DCF (Earnings Based) | 2.25 | |||||
| Price-to-DCF (FCF Based) | 2.15 | |||||
| Price-to-Median-PS-Value | 2.68 | |||||
| Price-to-Peter-Lynch-Fair-Value | 2.98 | |||||
| Price-to-Graham-Number | 12.31 | |||||
| Earnings Yield (Greenblatt) % | 1.75 | |||||
| FCF Yield % | 1.65 | |||||
| Forward Rate of Return (Yacktman) % | 21.23 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Cadence Design Systems Inc Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil €) | 3,794.206 | ||
| EPS (TTM) (€) | 3.541 | ||
| Beta | 0 | ||
| Volatility % | 18.92 | ||
| 14-Day RSI | 30.18 | ||
| 14-Day ATR (€) | 5.106378 | ||
| 20-Day SMA (€) | 282.005 | ||
| 12-1 Month Momentum % | 54.34 | ||
| 52-Week Range (€) | 184 - 301 | ||
| Shares Outstanding (Mil) | 272.13 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| 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
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Cadence Design Systems Inc Stock Events
| Event | Date | Price(€) | ||
|---|---|---|---|---|
| No Event Data | ||||
Cadence Design Systems Inc Frequently Asked Questions
What is Cadence Design Systems Inc(WBO:CDNS)'s stock price today?
The current price of WBO:CDNS is €261.40. The 52 week high of WBO:CDNS is €301.00 and 52 week low is €184.00.
When is next earnings date of Cadence Design Systems Inc(WBO:CDNS)?
The next earnings date of Cadence Design Systems Inc(WBO:CDNS) is 2024-07-24 Est..
Does Cadence Design Systems Inc(WBO:CDNS) pay dividends? If so, how much?
Cadence Design Systems Inc(WBO:CDNS) does not pay dividend.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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