Cadence Design Systems Inc
SWB:CDS
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Intrinsic Value
The intrinsic value of 
Cadence Design Systems Inc (CDS) under the Base Case is 264.15 EUR per share.
Compared with the current market price of 299.7 EUR, the stock appears
Overvalued by 12% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Cadence Design Systems Does
Cadence Design Systems sells software and intellectual property that chipmakers use to design, test, and verify semiconductors and electronic systems before they are built. Its tools help engineers model circuits, check for errors, simulate performance, and prepare designs for manufacturing. The company’s products sit near the start of the semiconductor supply chain, where mistakes are expensive and hard to fix later.
- Headquarters
- United States of America US
- Employees
- 13 800
- IPO date
- Jun 1, 1988
Cadence Design Systems has a wide economic moat
Replacing Cadence tools means more than buying different software: customers must adapt established design methods, retrain engineers and check that their chip designs still work correctly. This disruption helps Cadence retain customers, while legal protection for its technology prevents rivals from simply copying its products.
Read the full moat analysis
Revenue & Expenses Breakdown
Cadence Design Systems Inc
Earnings Waterfall
Cadence Design Systems Inc
What is the Intrinsic Value of one CDS stock?
The intrinsic value for Cadence Design Systems Inc (CDS) under the Base Case is 264.15 EUR.
Is CDS stock undervalued or overvalued?
Compared with the current market price of 299.7 EUR, the stock appears Overvalued by 12% .
