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Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc Logo
Cadence Design Systems Inc
NASDAQ:CDNS
Watchlist
Price: 285.34 USD 2.98% Market Closed
Updated: Apr 27, 2024
Section:
 

Relative Value

The Relative Value of one CDNS stock under the Base Case scenario is 188.02 USD. Compared to the current market price of 285.34 USD, Cadence Design Systems Inc is Overvalued by 34%.

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
188.02 USD
Overvaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

19
P/S
P/S
Price to Sales
19
vs History
6
vs Industry
5
Median 3Y
15.3
Median 5Y
13.9
Industry
2.2
Forward
16.6
More Details
74.1
P/E
P/E
Price to Earnings
74.1
vs History
11
vs Industry
8
Median 3Y
66.6
Median 5Y
58.3
Industry
24
Forward
47
More Details
58.1
P/OCF
P/OCF
Price to OCF
58.1
vs History
4
vs Industry
10
Median 3Y
45.4
Median 5Y
39.7
Industry
16.9
More Details
65.7
P/FCFE
P/FCFE
Price to FCFE
65.7
vs History
31
vs Industry
10
Median 3Y
47
Median 5Y
45.1
Industry
21.5
More Details
21.7
P/B
P/B
Price to Book Value
21.7
vs History
15
vs Industry
3
Median 3Y
18.3
Median 5Y
15.3
Industry
2.7
More Details
18.8
EV/S
EV/S
Enterprise Value to Sales
18.8
vs History
6
vs Industry
6
Median 3Y
15.1
Median 5Y
13.7
Industry
2.2
Forward
16.4
More Details
21.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
21.1
vs History
6
vs Industry
9
Median 3Y
17
Median 5Y
15.3
Industry
4.7
More Details
57.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
57.3
vs History
4
vs Industry
8
Median 3Y
47.3
Median 5Y
43.4
Industry
13
Forward
37.9
More Details
64.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
64.6
vs History
7
vs Industry
8
Median 3Y
55.6
Median 5Y
51.7
Industry
16.5
Forward
38.6
More Details
57.5
EV/OCF
EV/OCF
Enterprise Value to OCF
57.5
vs History
4
vs Industry
10
Median 3Y
44.8
Median 5Y
39.1
Industry
15.3
More Details
63.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
63.5
vs History
4
vs Industry
9
Median 3Y
49.2
Median 5Y
42.9
Industry
18.1
More Details
18.1
EV/IC
EV/IC
Enterprise Value to IC
18.1
vs History
9
vs Industry
5
Median 3Y
15.2
Median 5Y
13.9
Industry
2.3
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
77.5B USD 19 74.1 57.3 64.6
US
Ezenia! Inc
OTC:EZEN
789.1B USD 325 533 -251 383.2 -254 217.5 -246 745.2
US
Advant-e Corp
OTC:ADVC
670.7B USD 66 369.3 335 223.2 201 163.8 221 259.6
US
Salesforce Inc
NYSE:CRM
268.3B USD 7.7 64.9 26.4 43.8
US
Adobe Inc
NASDAQ:ADBE
218.6B USD 11 45.5 27.3 30.7
DE
SAP SE
XETRA:SAP
203.7B EUR 6.5 33.2 25.3 30.7
US
Intuit Inc
NASDAQ:INTU
178.2B USD 11.8 64.3 43.1 52.6
US
Synopsys Inc
NASDAQ:SNPS
83B USD 13.5 59 49.2 58
US
Workday Inc
NASDAQ:WDAY
67B USD 9.2 48.5 133.7 339.7
CA
Constellation Software Inc
TSX:CSU
77B CAD 6.7 99.8 26.1 48.5
FR
Dassault Systemes SE
PAR:DSY
49.9B EUR 8.4 47.5 26 37.5
EV/EBITDA Multiple
EBITDA Growth
US
Cadence Design Systems Inc
NASDAQ:CDNS
Average EV/EBITDA: 20 157.8
57.3
107%
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -254 217.5 N/A
US
A
Advant-e Corp
OTC:ADVC
201 163.8
N/A
US
Salesforce Inc
NYSE:CRM
26.4
95%
US
Adobe Inc
NASDAQ:ADBE
27.3
69%
DE
SAP SE
XETRA:SAP
25.3
64%
US
Intuit Inc
NASDAQ:INTU
43.1
123%
US
Synopsys Inc
NASDAQ:SNPS
49.2
130%
US
Workday Inc
NASDAQ:WDAY
133.7
650%
CA
Constellation Software Inc
TSX:CSU
26.1
N/A
FR
Dassault Systemes SE
PAR:DSY
26
49%

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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