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Cadence Design Systems (WBO:CDNS) FCF Yield % : 1.13 (As of Dec. 14, 2024)


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What is Cadence Design Systems FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Cadence Design Systems's Trailing 12-Month Free Cash Flow is €869 Mil, and Market Cap is €80,331 Mil. Therefore, Cadence Design Systems's FCF Yield % for today is 1.13%.

The historical rank and industry rank for Cadence Design Systems's FCF Yield % or its related term are showing as below:

WBO:CDNS' s FCF Yield % Range Over the Past 10 Years
Min: 1.07   Med: 3.13   Max: 5.69
Current: 1.13


During the past 13 years, the highest FCF Yield % of Cadence Design Systems was 5.69%. The lowest was 1.07%. And the median was 3.13%.

WBO:CDNS's FCF Yield % is ranked better than
53.76% of 2816 companies
in the Software industry
Industry Median: 0.57 vs WBO:CDNS: 1.13

Cadence Design Systems's FCF Margin % for the quarter that ended in Sep. 2024 was 31.55%.


Cadence Design Systems FCF Yield % Historical Data

The historical data trend for Cadence Design Systems's FCF Yield % 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 FCF Yield % Chart

Cadence Design Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.97 2.58 1.70

Cadence Design Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
FCF Yield % 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 2.31 1.30 0.96 0.59 2.08

Competitive Comparison of Cadence Design Systems's FCF Yield %

For the Software - Application subindustry, Cadence Design Systems's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Cadence Design Systems's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Cadence Design Systems's FCF Yield % falls into.



Cadence Design Systems FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Cadence Design Systems's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=1143.199 / 67165.7232
=1.70%

Cadence Design Systems's annualized FCF Yield % for the quarter that ended in Sep. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=345.492 * 4 / 66467.63805
=2.08%

* 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.


Cadence Design Systems FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Cadence Design Systems FCF Yield % Related Terms

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Cadence Design Systems Business Description

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 enable system-level analysis and verification solutions.