Cadence Design Systems Inc
NASDAQ:CDNS
Intrinsic Value
The intrinsic value of one
CDNS
stock under the Base Case scenario is
93.42
USD.
Compared to the current market price of 185.73 USD,
Cadence Design Systems Inc
is
Overvalued by 50%.
The Intrinsic Value is calculated as the average of the two valuation methods:
Fundamental Analysis
CDNS Profitability Score
Profitability Due Diligence
Cadence Design Systems Inc's profitability score is 71/100. The higher the profitability score, the more profitable the company is.
Score
Cadence Design Systems Inc's profitability score is 71/100. 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 82/100. The higher the solvency score, the more solvent the company is.
Score
Cadence Design Systems Inc's solvency score is 82/100. The higher the solvency score, the more solvent the company is.
Balance Sheet Decomposition
Cadence Design Systems Inc
CDNS Capital Structure
Cadence Design Systems Inc
| Market Capitalization | 50.9B USD | |
| Total Debt | 798M USD | |
| Minority Interest | 0 USD | |
| Preferred Equity | 0 USD | |
| Cash and Equivalents | 1B USD | |
| Short-Term Investments | 0 USD | |
| Enterprise Value | 50.7B USD | |
Wall St
Price Targets
CDNS Price Targets Summary
Cadence Design Systems Inc
According to Wall Street analysts, the average 1-year price target for
CDNS
is 194.46 USD
with a low forecast of 165.03 USD and a high forecast of 225.75 USD.
Competitive Landscape
CDNS Competitors
Cadence Design Systems Inc
CDNS Suppliers & Customers
Cadence Design Systems Inc
Cadence Design Systems Inc has 18 key suppliers from 6 countries and 8 industries. The majority of these suppliers are located in the United States of America, with the largest number of suppliers in the Semiconductors industry.
Cadence Design Systems Inc has 22 key customers from 5 countries and 7 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Semiconductors industry.
Ownership
CDNS Insider Trading
Buy and sell transactions by insiders
During the last 12 months Cadence Design Systems Inc insiders have not bought any shares, and sold 197M USD worth of shares. The last transaction was made on Feb 6, 2023 by Nisewaner Karna (Corporate VP, General Counsel), who sold 18.2k USD worth of CDNS shares.
Shareholder Return
CDNS Price
Cadence Design Systems Inc
| Average Annual Return | 49.86% |
| Standard Deviation of Annual Returns | 35.24% |
| Max Drawdown | -26% |
| Market Capitalization | 50.9B USD |
| Shares Outstanding | 274 316 000 |
| Percentage of Shares Shorted | 1.69% |
Company Profile
Cadence Design Systems Inc
Country
Industry
Market Cap
Dividend Yield
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
IPO
Employees
Officers
The intrinsic value of one
CDNS
stock under the Base Case scenario is
93.42
USD.
Compared to the current market price of 185.73 USD, Cadence Design Systems Inc is Overvalued by 50%.
