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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
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Price: 294.28 USD -0.14% Market Closed
Updated: May 25, 2024

Intrinsic Value

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. [ Read More ]

The intrinsic value of one CDNS stock under the Base Case scenario is 152.54 USD. Compared to the current market price of 294.28 USD, Cadence Design Systems Inc is Overvalued by 48%.

Key Points:
CDNS Intrinsic Value
Base Case
152.54 USD
Overvaluation 48%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

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Cadence Design Systems Inc

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Fundamental Analysis

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Cadence Design Systems Inc

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does Cadence Design Systems Inc face in the near future?

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in Cadence Design Systems Inc recently?

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for Cadence Design Systems Inc?

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for Cadence Design Systems Inc with those of its competitors based on recent analyst estimates.

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of Cadence Design Systems Inc and its key competitors using the latest financial data.

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of Cadence Design Systems Inc against its competitors.

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(gross, operating, and net) of Cadence Design Systems Inc compared to its peers.

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of Cadence Design Systems Inc against its peers.

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comparing Cadence Design Systems Inc with its peers.

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over the last 5 years for Cadence Design Systems Inc?

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over the last 5 years for Cadence Design Systems Inc?

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of Cadence Design Systems Inc?

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trend over the past five years for Cadence Design Systems Inc.

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Cadence Design Systems Inc

Current Assets 1.9B
Cash & Short-Term Investments 1B
Receivables 439.8m
Other Current Assets 477.8m
Non-Current Assets 3.8B
PP&E 433m
Intangibles 1.9B
Other Non-Current Assets 1.4B
Current Liabilities 1.5B
Accounts Payable 456.6m
Other Current Liabilities 1B
Non-Current Liabilities 688.8m
Long-Term Debt 299.8m
Other Non-Current Liabilities 389m
Efficiency

Earnings Waterfall
Cadence Design Systems Inc

Revenue
4.1B USD
Cost of Revenue
-435.8m USD
Gross Profit
3.6B USD
Operating Expenses
-2.4B USD
Operating Income
1.2B USD
Other Expenses
-152.1m USD
Net Income
1B USD

Free Cash Flow Analysis
Cadence Design Systems Inc

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
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Table
Fundamental Scores

CDNS Profitability Score
Profitability Due Diligence

Cadence Design Systems Inc's profitability score is 74/100. The higher the profitability score, the more profitable the company is.

Positive Free Cash Flow
Positive Gross Profit
Exceptional 3-Year Average ROE
Exceptional 3-Year Average ROIC
74/100
Profitability
Score

Cadence Design Systems Inc's profitability score is 74/100. The higher the profitability score, the more profitable the company is.

CDNS Solvency Score
Solvency Due Diligence

Cadence Design Systems Inc's solvency score is 88/100. The higher the solvency score, the more solvent the company is.

88/100
Solvency
Score

Cadence Design Systems Inc's solvency score is 88/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

CDNS Price Targets Summary
Cadence Design Systems Inc

Wall Street analysts forecast CDNS stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CDNS is 336.26 USD with a low forecast of 282.8 USD and a high forecast of 367.5 USD.

Lowest
Price Target
282.8 USD
4% Downside
Average
Price Target
336.26 USD
14% Upside
Highest
Price Target
367.5 USD
25% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

CDNS Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

CDNS Price
Cadence Design Systems Inc

1M 1M
+6%
6M 6M
+8%
1Y 1Y
+31%
3Y 3Y
+131%
5Y 5Y
+360%
10Y 10Y
+1 639%
Annual Price Range
294.28
52w Low
220.31
52w High
322.8
Price Metrics
Average Annual Return 30.97%
Standard Deviation of Annual Returns 43.94%
Max Drawdown -32%
Shares Statistics
Market Capitalization 80.1B USD
Shares Outstanding 273 544 000
Percentage of Shares Shorted 1.16%

CDNS Return Decomposition
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CDNS News

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Company Profile

Cadence Design Systems Inc Logo
Cadence Design Systems Inc

Country

United States of America

Industry

Technology

Market Cap

80.1B USD

Dividend Yield

0%

Description

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 9,300 full-time employees. The firm's Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. Its Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks. Its System Design and Analysis offerings are used by its customers to develop printed circuit boards (PCBs) and advanced IC packages and to analyze electromagnetic, electro-thermal and other multi-physics effects.

Contact

CALIFORNIA
San Jose
2655 Seely Ave
+14089431234.0
https://www.cadence.com/

IPO

1988-06-01

Employees

9 300

Officers

CEO, President & Director
Dr. Anirudh Devgan Ph.D.
Senior VP & CFO
Mr. John M. Wall
Senior VP & Chief Revenue Officer
Mr. Aneel Zaman
Senior VP and GM of the Digital & Signoff Group
Dr. Chin-Chi Teng Ph.D.
Senior VP & GM of the System and Verification Group
Dr. Paul Cunningham Ph.D.
Co-Founder
Mr. Ariel Sella
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Corporate VP of Corporate Finance & Treasurer
Mr. James Haddad
Vice President of Investor Relations
Mr. Richard Gu
Senior VP, General Counsel & Corporate Secretary
Ms. Karna Nisewaner
Senior Vice President of Global Human Resources
Ms. Christina Rooke Jones
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See Also

Discover More
What is the Intrinsic Value of one CDNS stock?

The intrinsic value of one CDNS stock under the Base Case scenario is 152.54 USD.

Is CDNS stock undervalued or overvalued?

Compared to the current market price of 294.28 USD, Cadence Design Systems Inc is Overvalued by 48%.