Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc Logo
Cadence Design Systems Inc
NASDAQ:CDNS
Watchlist
Price: 321.56 USD 0.88% Market Closed
Market Cap: 88.2B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CDNS stock under the Base Case scenario is 200.48 USD. Compared to the current market price of 321.56 USD, Cadence Design Systems Inc is Overvalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CDNS Relative Value
Base Case
200.48 USD
Overvaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

18
P/S
P/S
Price to Sales
18
vs History
14
vs Industry
6
Median 3Y
16.8
Median 5Y
15.3
Industry
2.4
Forward
16.5
More Details
81.2
P/E
P/E
Price to Earnings
81.2
vs History
6
vs Industry
9
Median 3Y
69.6
Median 5Y
65.9
Industry
22.6
Forward
46.2
More Details
58.8
P/OCF
P/OCF
Price to OCF
58.8
vs History
19
vs Industry
9
Median 3Y
52.5
Median 5Y
45.5
Industry
16.9
More Details
67.1
P/FCFE
P/FCFE
Price to FCFE
67.1
vs History
20
vs Industry
25
Median 3Y
45
Median 5Y
45
Industry
21.6
More Details
18.4
P/B
P/B
Price to Book Value
18.4
vs History
36
vs Industry
6
Median 3Y
18.4
Median 5Y
17
Industry
2.9
More Details
18
EV/S
EV/S
Enterprise Value to Sales
18
vs History
14
vs Industry
7
Median 3Y
16.7
Median 5Y
15.1
Industry
2.4
Forward
16.5
More Details
20.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
20.9
vs History
11
vs Industry
12
Median 3Y
18.8
Median 5Y
17
Industry
4.9
More Details
51.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
51.4
vs History
36
vs Industry
11
Median 3Y
51
Median 5Y
47.3
Industry
12.5
Forward
35.2
More Details
58.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
58.7
vs History
38
vs Industry
10
Median 3Y
57.9
Median 5Y
56.4
Industry
16
Forward
37.8
More Details
58.6
EV/OCF
EV/OCF
Enterprise Value to OCF
58.6
vs History
15
vs Industry
10
Median 3Y
52.3
Median 5Y
45
Industry
15.5
More Details
63.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
63.5
vs History
17
vs Industry
8
Median 3Y
58.2
Median 5Y
49.3
Industry
18.8
More Details
15.4
EV/IC
EV/IC
Enterprise Value to IC
15.4
vs History
31
vs Industry
7
Median 3Y
14.9
Median 5Y
14.3
Industry
2.4
More Details

Multiples Across Competitors

CDNS Competitors Multiples
Cadence Design Systems Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cadence Design Systems Inc
NASDAQ:CDNS
87.8B USD 18 81.2 51.4 58.7
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
310.6B EUR 8.8 54.2 29.3 33.5
US
Palantir Technologies Inc
NYSE:PLTR
303.8B USD 97.5 532.3 685.3 735.6
US
Salesforce Inc
NYSE:CRM
278.6B USD 7.4 45 24.5 35.6
US
Intuit Inc
NASDAQ:INTU
187.5B USD 10.9 61.7 39.3 47.1
US
Adobe Inc
NASDAQ:ADBE
181.4B USD 8.2 26.9 20.3 22.5
US
NCR Corp
LSE:0K45
144.4B USD 41.9 156.6 451.3 3 219.5
US
Applovin Corp
NASDAQ:APP
122.6B USD 23.9 63.9 44.8 52.6
US
Microstrategy Inc
NASDAQ:MSTR
98.3B USD 212 -84.2 -2 326.6 -1 670.2
US
Synopsys Inc
NASDAQ:SNPS
79.5B USD 13.1 37.7 49.3 60.4
P/S Multiple
Revenue Growth P/S to Growth
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average P/S: 21 304.8
18
13%
1.4
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.8
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
97.5
34%
2.9
US
Salesforce Inc
NYSE:CRM
7.4
10%
0.7
US
Intuit Inc
NASDAQ:INTU
10.9
13%
0.8
US
Adobe Inc
NASDAQ:ADBE
8.2
10%
0.8
US
N
NCR Corp
LSE:0K45
41.9
-8%
N/A
US
Applovin Corp
NASDAQ:APP
23.9
24%
1
US
Microstrategy Inc
NASDAQ:MSTR
212
3%
70.7
US
Synopsys Inc
NASDAQ:SNPS
13.1
13%
1
P/E Multiple
Earnings Growth PEG
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average P/E: 117.7
81.2
33%
2.5
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
54.2
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
532.3
73%
7.3
US
Salesforce Inc
NYSE:CRM
45
32%
1.4
US
Intuit Inc
NASDAQ:INTU
61.7
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
26.9
26%
1
US
N
NCR Corp
LSE:0K45
156.6
-46%
N/A
US
Applovin Corp
NASDAQ:APP
63.9
44%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -84.2 N/A N/A
US
Synopsys Inc
NASDAQ:SNPS
37.7
12%
3.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average EV/EBITDA: 155.1
51.4
25%
2.1
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
29.3
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
685.3
105%
6.5
US
Salesforce Inc
NYSE:CRM
24.5
21%
1.2
US
Intuit Inc
NASDAQ:INTU
39.3
29%
1.4
US
Adobe Inc
NASDAQ:ADBE
20.3
17%
1.2
US
N
NCR Corp
LSE:0K45
451.3
11%
41
US
Applovin Corp
NASDAQ:APP
44.8
38%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -2 326.6 N/A N/A
US
Synopsys Inc
NASDAQ:SNPS
49.3
34%
1.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average EV/EBIT: 473.9
58.7
28%
2.1
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
33.5
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
735.6
107%
6.9
US
Salesforce Inc
NYSE:CRM
35.6
32%
1.1
US
Intuit Inc
NASDAQ:INTU
47.1
35%
1.3
US
Adobe Inc
NASDAQ:ADBE
22.5
20%
1.1
US
N
NCR Corp
LSE:0K45
3 219.5
79%
40.8
US
Applovin Corp
NASDAQ:APP
52.6
38%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 670.2 N/A N/A
US
Synopsys Inc
NASDAQ:SNPS
60.4
39%
1.5

See Also

Summary
CDNS intrinsic value, competitors valuation, and company profile.
DCF Valuation
CDNS stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CDNS stock valuation using valuation multiples.
Wall Street Estimates
CDNS price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CDNS stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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