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Cadence Design Systems (Cadence Design Systems) GF Value

: $234.36 (As of Today)
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The GF Value represents the current intrinsic value of a stock derived from our exclusive method. The GF Value Line on our summary page gives an overview of the fair value that the stock should be traded at. It is calculated based on three factors:

  1. Historical multiples (PE Ratio, PS Ratio, PB Ratio and Price-to-Free-Cash-Flow) that the stock has traded at.
  2. GuruFocus adjustment factor based on the company’s past returns and growth.
  3. Future estimates of the business performance.

We believe the GF Value Line is the fair value that the stock should be traded at. The stock price will most likely fluctuate around the GF Value Line. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher.

Please note, "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

As of today (2024-04-16), Cadence Design Systems's share price is $297.66. Cadence Design Systems's GF Value is $234.36. Therefore, Cadence Design Systems's Price-to-GF-Value for today is 1.27.

Based on the relationship between the current stock price and the GF Value, GuruFocus believes Cadence Design Systems is Modestly Overvalued.


Cadence Design Systems  (NAS:CDNS) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

Posssible Evaluations All-in-One Screener Examples (2)
Possible Value Trap, Think Twice (1)Predictable Companies that possibly be Value Traps
Significantly OvervaluedPredictable Companies which are Significantly Overvalued
Modestly OvervaluedPredictable Companies which are Modestly Overvalued
Fairly ValuedPredictable High Quality Companies which are Fairly Valued
Modestly Undervalued (3)Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (3)Predictable High Quality Companies which are Significantly Undervalued

(1) "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

(2) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(3) There is only a sufficient margin of safety when the stock is undervalued.

Cadence Design Systems's Price-to-GF-Value for today is calculated as

Price-to-GF-Value=Share Price/GF Value
=297.66/234.36
=1.27

* 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 GF Value Related Terms

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


Cadence Design Systems (Cadence Design Systems) Business Description

Traded in Other Exchanges
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 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.
Executives
John M Wall officer: Sr. VP & CFO 2655 SEELY AVENUE, SAN JOSE CA 95134
Vincentelli Alberto Sangiovanni director
Karna Nisewaner officer: Corporate VP, General Counsel 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Paul Cunningham officer: Sr. Vice President 2655 SEELY AVENUE, BUILDING 5, SAN JOSE CA 95134
Aneel Zaman officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Anirudh Devgan officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Chin-chi Teng officer: Sr. Vice President 2655 SEELY AVENUE, SAN JOSE CA 95134
Mark Adams director 834 TERRACE DRIVE, LOS ALTOS CA 94024
James D Plummer director 233 KANSAS STREET, EL SEGUNDO CA 90245
Thomas P Beckley officer: Sr. Vice President of R&D 2655 SEELY AVENUE, SAN JOSE CA 95134
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Young Sohn director 1390 KIFER ROAD, SUNNYVALE CA 94086
John B Shoven director
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
Surendra Babu Mandava officer: Sr. Vice President 47211 LAKEVIEW BLVD, FREMONT CA 94538