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Cadence Design Systems (MEX:CDNS) Cyclically Adjusted FCF per Share : MXN69.85 (As of Mar. 2025)


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What is Cadence Design Systems Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Cadence Design Systems's adjusted free cash flow per share for the three months ended in Mar. 2025 was MXN34.688. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN69.85 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Cadence Design Systems's average Cyclically Adjusted FCF Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 16.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Cadence Design Systems was 22.70% per year. The lowest was -19.10% per year. And the median was 3.30% per year.

As of today (2025-05-23), Cadence Design Systems's current stock price is MXN6132.50. Cadence Design Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN69.85. Cadence Design Systems's Cyclically Adjusted Price-to-FCF of today is 87.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cadence Design Systems was 116.51. The lowest was 23.65. And the median was 61.82.


Cadence Design Systems Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cadence Design Systems's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

Cadence Design Systems Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.30 39.44 47.37 47.45 65.37

Cadence Design Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.28 54.17 59.90 65.37 69.85

Competitive Comparison of Cadence Design Systems's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Cadence Design Systems's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Cadence Design Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cadence Design Systems's Cyclically Adjusted Price-to-FCF falls into.


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Cadence Design Systems Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Cadence Design Systems's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=34.688/134.9266*134.9266
=34.688

Current CPI (Mar. 2025) = 134.9266.

Cadence Design Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 5.263 100.684 7.053
201509 4.148 100.392 5.575
201512 6.210 99.792 8.396
201603 4.032 100.470 5.415
201606 4.022 101.688 5.337
201609 4.728 101.861 6.263
201612 13.719 101.863 18.172
201703 5.260 102.862 6.900
201706 9.667 103.349 12.621
201709 4.974 104.136 6.445
201712 7.560 104.011 9.807
201803 9.322 105.290 11.946
201806 13.107 106.317 16.634
201809 6.595 106.507 8.355
201812 7.853 105.998 9.996
201903 11.761 107.251 14.796
201906 15.793 108.070 19.718
201909 8.551 108.329 10.650
201912 8.918 108.420 11.098
202003 16.418 108.902 20.342
202006 26.778 108.767 33.218
202009 14.701 109.815 18.063
202012 7.415 109.897 9.104
202103 13.971 111.754 16.868
202106 26.169 114.631 30.802
202109 20.498 115.734 23.897
202112 14.666 117.630 16.823
202203 22.845 121.301 25.411
202206 21.967 125.017 23.708
202209 19.955 125.227 21.501
202212 16.191 125.222 17.446
202303 15.882 127.348 16.827
202306 24.732 128.729 25.923
202309 23.909 129.860 24.842
202312 14.844 129.419 15.476
202403 12.355 131.776 12.650
202406 8.491 132.554 8.643
202409 27.560 133.029 27.953
202412 30.730 133.157 31.138
202503 34.688 134.927 34.688

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Cadence Design Systems  (MEX:CDNS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Cadence Design Systems's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6132.50/69.85
=87.80

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Cadence Design Systems was 116.51. The lowest was 23.65. And the median was 61.82.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Cadence Design Systems Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Cadence Design Systems's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cadence Design Systems Business Description

Industry
Address
2655 Seely Avenue, Building 5, San Jose, CA, USA, 95134
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in 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 enables system-level analysis and verification solutions.