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NASDAQ: CDNS
Cadence Design Systems Inc Stock

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$160.97-1.35 (-0.83%)
Updated Sep 23, 2022
CDNS Price
$160.97
Fair Value Price
$164.71
Market Cap
$44.08B
52 Week Low
$132.32
52 Week High
$194.97
P/E
56.68x
P/B
16.79x
P/S
12.38x
PEG
6.69x
Dividend Yield
N/A
Revenue
$3.28B
Earnings
$775.14M
Gross Margin
89.7%
Operating Margin
29.91%
Profit Margin
23.6%
Debt to Equity
0.66
Operating Cash Flow
$1B
Beta
1.22
Next Earnings
Oct 24, 2022
Ex-Dividend
N/A
Next Dividend
N/A

CDNS Overview

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how CDNS scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CDNS ($160.97) is undervalued by 2.27% relative to our estimate of its Fair Value price of $164.71 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CDNS ($160.97) is not significantly undervalued (2.27%) relative to our estimate of its Fair Value price of $164.71 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
CDNS ($160.97) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more CDNS due diligence checks available for Premium users.

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CDNS News

Valuation

CDNS fair value

Fair Value of CDNS stock based on Discounted Cash Flow (DCF)
Price
$160.97
Fair Value
$164.71
Undervalued by
2.27%
CDNS ($160.97) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CDNS ($160.97) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CDNS ($160.97) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CDNS price to earnings (PE)

For valuing profitable companies with steady earnings
Company
56.68x
Industry
235.4x
Market
27.65x
CDNS is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CDNS is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

CDNS price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
16.79x
Industry
4.7x
CDNS is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CDNS price to earnings growth (PEG)

For valuing profitable companies with growth potential
CDNS is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

CDNS's financial health

Profit margin

Revenue
$857.5M
Net Income
$186.9M
Profit Margin
21.8%
CDNS's Earnings (EBIT) of $982.15M... subscribe to Premium to read more.
Interest Coverage Financials
CDNS's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$4.4B
Liabilities
$1.7B
Debt to equity
0.66
CDNS's short-term assets ($1.66B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CDNS's short-term assets ($1.66B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CDNS's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CDNS's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$324.5M
Investing
-$49.1M
Financing
-$352.7M
CDNS's operating cash flow ($1.17B)... subscribe to Premium to read more.
Debt Coverage Financials

CDNS vs App Stocks

TickerMarket Cap1d %P/EP/B
CDNS$44.08B-0.83%56.68x16.79x
ADSK$39.84B-1.38%72.38x53.84x
WDAY$38.72B+0.50%-191.44x7.55x
SHOP$36.32B+0.67%-19.07x4.17x
UBER$55.08B-2.66%-5.40x8.27x

Cadence Design Systems Stock FAQ

What is Cadence Design Systems's quote symbol?

NASDAQ: CDNS) Cadence Design Systems trades on the NASDAQ under the ticker symbol CDNS. Cadence Design Systems stock quotes can also be displayed as NASDAQ: CDNS.

If you're new to stock investing, here's how to buy Cadence Design Systems stock.

What is the 52 week high and low for Cadence Design Systems (NASDAQ: CDNS)?

(NASDAQ: CDNS) Cadence Design Systems's 52-week high was $194.97, and its 52-week low was $132.32. It is currently -17.44% from its 52-week high and 21.66% from its 52-week low.

How much is Cadence Design Systems stock worth today?

(NASDAQ: CDNS) Cadence Design Systems currently has 273,870,000 outstanding shares. With Cadence Design Systems stock trading at $160.97 per share, the total value of Cadence Design Systems stock (market capitalization) is $44.08B.

Cadence Design Systems stock was originally listed at a price of $24.50 in Dec 31, 1997. If you had invested in Cadence Design Systems stock at $24.50, your return over the last 24 years would have been 557.02%, for an annualized return of 8.16% (not including any dividends or dividend reinvestments).

How much is Cadence Design Systems's stock price per share?

(NASDAQ: CDNS) Cadence Design Systems stock price per share is $160.97 today (as of Sep 23, 2022).

What is Cadence Design Systems's Market Cap?

(NASDAQ: CDNS) Cadence Design Systems's market cap is $44.08B, as of Sep 26, 2022.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Cadence Design Systems's market cap is calculated by multiplying CDNS's current stock price of $160.97 by CDNS's total outstanding shares of 273,870,000.
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