Business Description
![Cadence Design Systems Inc Cadence Design Systems Inc logo](https://static.gurufocus.com/logos/0C0000072W.png?14)
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
9/10
Name | Current | Vs Industry | Vs History | |||
---|---|---|---|---|---|---|
Cash-To-Debt | 0.79 | |||||
Equity-to-Asset | 0.59 | |||||
Debt-to-Equity | 0.32 | |||||
Debt-to-EBITDA | 0.9 | |||||
Interest Coverage | 29.88 | |||||
Piotroski F-Score | 5/9 | |||||
Altman Z-Score | 16.65 | |||||
Beneish M-Score | -2.34 | |||||
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 | 17.95 | |||||
Future 3-5Y Total Revenue Growth Rate | 13.46 |
Momentum Rank
3/10
Name | Current | Vs Industry | Vs History | |||
---|---|---|---|---|---|---|
5-Day RSI | 16.29 | |||||
9-Day RSI | 19.9 | |||||
14-Day RSI | 24.9 | |||||
6-1 Month Momentum % | 7.53 | |||||
12-1 Month Momentum % | 37.13 |
Liquidity Ratio
Name | Current | Vs Industry | Vs History | |||
---|---|---|---|---|---|---|
Current Ratio | 1.43 | |||||
Quick Ratio | 1.32 | |||||
Cash Ratio | 0.69 | |||||
Days Inventory | 128.58 | |||||
Days Sales Outstanding | 25.64 | |||||
Days Payable | 69.61 |
Dividend & Buy Back
Name | Current | Vs Industry | Vs History | |||
---|---|---|---|---|---|---|
3-Year Average Share Buyback Ratio | 0.9 | |||||
Shareholder Yield % | 0.62 |
Profitability Rank
10/10
Name | Current | Vs Industry | Vs History | |||
---|---|---|---|---|---|---|
Gross Margin % | 88.51 | |||||
Operating Margin % | 28.47 | |||||
Net Margin % | 25.36 | |||||
FCF Margin % | 22.69 | |||||
ROE % | 30.58 | |||||
ROA % | 18.07 | |||||
ROIC % | 20.18 | |||||
ROC (Joel Greenblatt) % | 303.56 | |||||
ROCE % | 29.96 | |||||
Years of Profitability over Past 10-Year | 10 |
GF Value Rank
6/10
Name | Current | Vs Industry | Vs History | |||
---|---|---|---|---|---|---|
PE Ratio | 66.37 | |||||
Forward PE Ratio | 44.64 | |||||
PE Ratio without NRI | 53.83 | |||||
Shiller PE Ratio | 109.09 | |||||
Price-to-Owner-Earnings | 94.05 | |||||
PEG Ratio | 2.24 | |||||
PS Ratio | 16.85 | |||||
PB Ratio | 16.51 | |||||
Price-to-Tangible-Book | 59.64 | |||||
Price-to-Free-Cash-Flow | 74.35 | |||||
Price-to-Operating-Cash-Flow | 65.05 | |||||
EV-to-EBIT | 53.51 | |||||
EV-to-Forward-EBIT | 41.95 | |||||
EV-to-EBITDA | 47.61 | |||||
EV-to-Forward-EBITDA | 33.61 | |||||
EV-to-Revenue | 17.07 | |||||
EV-to-Forward-Revenue | 15.34 | |||||
EV-to-FCF | 75.34 | |||||
Price-to-Projected-FCF | 4.2 | |||||
Price-to-DCF (Earnings Based) | 1.74 | |||||
Price-to-DCF (FCF Based) | 2.61 | |||||
Price-to-Median-PS-Value | 2.05 | |||||
Price-to-Peter-Lynch-Fair-Value | 2.36 | |||||
Price-to-Graham-Number | 11.95 | |||||
Earnings Yield (Greenblatt) % | 1.87 | |||||
FCF Yield % | 1.33 | |||||
Forward Rate of Return (Yacktman) % | 21.34 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsPeter Lynch Chart
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 €) | 3,852.314 | ||
EPS (TTM) (€) | 3.579 | ||
Beta | 0.11 | ||
Volatility % | 20.32 | ||
14-Day RSI | 24.9 | ||
14-Day ATR (€) | 6.12334 | ||
20-Day SMA (€) | 279.5975 | ||
12-1 Month Momentum % | 37.13 | ||
52-Week Range (€) | 201.8 - 306.65 | ||
Shares Outstanding (Mil) | 273.82 |
Piotroski F-Score Details
Year:
Component | Result | ||
---|---|---|---|
Piotroski F-Score | 5 | ||
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 €239.75. The 52 week high of WBO:CDNS is €306.65 and 52 week low is €201.80.
When is next earnings date of Cadence Design Systems Inc(WBO:CDNS)?
The next earnings date of Cadence Design Systems Inc(WBO:CDNS) is 2024-10-23 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 |