Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc Logo
Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 314.91 USD -0.06% Market Closed
Market Cap: 85.7B USD
Section:
 

Relative Value

The Relative Value of one CDNS stock under the Base Case scenario is 218.05 USD. Compared to the current market price of 314.91 USD, Cadence Design Systems Inc is Overvalued by 31%.

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
218.05 USD
Overvaluation 31%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

16.5
P/S
P/S
Price to Sales
16.5
vs History
42
vs Industry
6
Median 3Y
17.2
Median 5Y
16.2
Industry
2.4
Forward
15.9
More Details
80.9
P/E
P/E
Price to Earnings
80.9
vs History
12
vs Industry
9
Median 3Y
74.1
Median 5Y
69.5
Industry
22.3
Forward
43.8
More Details
53.1
P/OCF
P/OCF
Price to OCF
53.1
vs History
34
vs Industry
9
Median 3Y
54.8
Median 5Y
48.9
Industry
16
More Details
76
P/FCFE
P/FCFE
Price to FCFE
76
vs History
17
vs Industry
25
Median 3Y
45.7
Median 5Y
46.9
Industry
20.6
More Details
16.5
P/B
P/B
Price to Book Value
16.5
vs History
63
vs Industry
6
Median 3Y
18.8
Median 5Y
17.4
Industry
2.9
More Details
16.4
EV/S
EV/S
Enterprise Value to Sales
16.4
vs History
42
vs Industry
7
Median 3Y
17.2
Median 5Y
16
Industry
2.4
Forward
15.9
More Details
19.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
19.2
vs History
34
vs Industry
12
Median 3Y
19.4
Median 5Y
18
Industry
4.9
More Details
45.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
45.9
vs History
61
vs Industry
11
Median 3Y
51.4
Median 5Y
49
Industry
12.2
Forward
34
More Details
52
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
52
vs History
71
vs Industry
10
Median 3Y
57.9
Median 5Y
56.4
Industry
15.8
Forward
35.8
More Details
52.9
EV/OCF
EV/OCF
Enterprise Value to OCF
52.9
vs History
34
vs Industry
10
Median 3Y
54.2
Median 5Y
48.7
Industry
14.6
More Details
57.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
57.8
vs History
36
vs Industry
8
Median 3Y
59.3
Median 5Y
53
Industry
17.1
More Details
13.8
EV/IC
EV/IC
Enterprise Value to IC
13.8
vs History
66
vs Industry
7
Median 3Y
14.8
Median 5Y
14.6
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
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Cadence Design Systems Inc
NASDAQ:CDNS
85.8B USD 16.5 80.9 45.9 52
IL
Sapiens International Corporation NV
NASDAQ:SPNS
779.6B USD 1 381.5 12 118.2 7 802.2 10 065
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
US
Palantir Technologies Inc
NYSE:PLTR
458.8B USD 117.7 418.8 516.5 532.4
DE
SAP SE
XETRA:SAP
243.6B EUR 6.7 34.4 21.1 23.9
US
Salesforce Inc
NYSE:CRM
244.8B USD 6.1 33.9 19.7 27.2
US
Applovin Corp
NASDAQ:APP
244.2B USD 44.2 86.3 68.4 74.4
US
Intuit Inc
NASDAQ:INTU
187B USD 9.6 45.4 31.4 36.3
US
Adobe Inc
NASDAQ:ADBE
149B USD 6.3 20.9 15.6 17.1
US
NCR Corp
LSE:0K45
137.3B USD 51.8 -2 250.6 390.1 1 141.4
US
Synopsys Inc
NASDAQ:SNPS
86B USD 13.4 43.1 68.3 88.5
P/S Multiple
Revenue Growth P/S to Growth
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average P/S: 21 415
16.5
14%
1.2
IL
Sapiens International Corporation NV
NASDAQ:SPNS
1 381.5
8%
172.7
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
117.7
46%
2.6
DE
SAP SE
XETRA:SAP
6.7
11%
0.6
US
Salesforce Inc
NYSE:CRM
6.1
9%
0.7
US
Applovin Corp
NASDAQ:APP
44.2
28%
1.6
US
Intuit Inc
NASDAQ:INTU
9.6
13%
0.7
US
Adobe Inc
NASDAQ:ADBE
6.3
9%
0.7
US
N
NCR Corp
LSE:0K45
51.8
-8%
N/A
US
Synopsys Inc
NASDAQ:SNPS
13.4
21%
0.6
P/E Multiple
Earnings Growth PEG
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average P/E: 1 431.3
80.9
35%
2.3
IL
Sapiens International Corporation NV
NASDAQ:SPNS
12 118.2
11%
1 101.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
418.8
94%
4.5
DE
SAP SE
XETRA:SAP
34.4
48%
0.7
US
Salesforce Inc
NYSE:CRM
33.9
31%
1.1
US
Applovin Corp
NASDAQ:APP
86.3
61%
1.4
US
Intuit Inc
NASDAQ:INTU
45.4
31%
1.5
US
Adobe Inc
NASDAQ:ADBE
20.9
19%
1.1
US
N
NCR Corp
LSE:0K45
Negative Multiple: -2 250.6
-49%
N/A
US
Synopsys Inc
NASDAQ:SNPS
43.1
13%
3.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average EV/EBITDA: 897.9
45.9
27%
1.7
IL
Sapiens International Corporation NV
NASDAQ:SPNS
7 802.2
5%
1 560.4
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
516.5
137%
3.8
DE
SAP SE
XETRA:SAP
21.1
18%
1.2
US
Salesforce Inc
NYSE:CRM
19.7
24%
0.8
US
Applovin Corp
NASDAQ:APP
68.4
52%
1.3
US
Intuit Inc
NASDAQ:INTU
31.4
27%
1.2
US
Adobe Inc
NASDAQ:ADBE
15.6
16%
1
US
N
NCR Corp
LSE:0K45
390.1
16%
24.4
US
Synopsys Inc
NASDAQ:SNPS
68.3
44%
1.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average EV/EBIT: 1 205.8
52
30%
1.7
IL
Sapiens International Corporation NV
NASDAQ:SPNS
10 065
12%
838.7
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
US
Palantir Technologies Inc
NYSE:PLTR
532.4
141%
3.8
DE
SAP SE
XETRA:SAP
23.9
21%
1.1
US
Salesforce Inc
NYSE:CRM
27.2
33%
0.8
US
Applovin Corp
NASDAQ:APP
74.4
57%
1.3
US
Intuit Inc
NASDAQ:INTU
36.3
32%
1.1
US
Adobe Inc
NASDAQ:ADBE
17.1
19%
0.9
US
N
NCR Corp
LSE:0K45
1 141.4
70%
16.3
US
Synopsys Inc
NASDAQ:SNPS
88.5
49%
1.8

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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