US stock · Technology sector · Software—Application
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Cadence Design Systems, Inc.

CDNSNASDAQ

163.13

USD
+0.75
(+0.46%)
After Hours Market
58.41P/E
36Forward P/E
2.91P/E to S&P500
44.676BMarket CAP
- -Div Yield
Upcoming Earnings
24 Oct-28 Oct
Shares Short
8/31/22
2.53M
Short % of Float
1.22%
Short % of Shares Outs.
0.93%
% Held by Insiders
0.54%
% Held by Institutions
88.32%
Beta
1.17
PEG Ratio
2.23
52w. high/low
194.97/132.32
Avg. Daily Volume
1.62M
Return %
Stock
S&P 500
1 year
1.82
(17.80)
3 years
147.49
23.21
5 years
319.15
45.98
Scale: |
High
Low
24.90
15.96
17.08
2.42
8.18
3.03
8.68
5.36
11.72
8.09
13.79
9.73
15.96
12.33
19.54
13.59
23.30
16.52
28.00
18.32
45.64
25.24
47.40
35.49
77.08
41.43
136.84
51.39
192.70
118.11
194.94
132.32
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
5.31
5.95
4.08
3.31
3.59
4.36
4.90
5.26
5.58
5.91
6.38
7.14
7.81
8.55
9.80
10.93
12.05
Earnings per share
0.51
1.09
(7.29)
(0.58)
0.49
0.27
1.63
0.59
0.56
0.88
0.71
0.75
1.26
3.62
2.16
2.54
2.85
FCF per share
1.24
1.17
(0.12)
(0.06)
0.62
0.79
1.04
1.16
0.98
1.16
1.37
1.52
1.98
2.40
2.96
3.78
4.02
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
0.27
0.31
0.39
0.16
0.14
0.12
0.13
0.16
0.14
0.16
0.19
0.21
0.22
0.27
0.35
0.24
0.29
Book Value per sh.
6.08
7.66
0.40
0.42
1.06
1.56
3.38
4.16
4.71
4.78
2.61
3.64
4.71
7.70
9.11
10.02
9.87
Comm.Shares outs.
279
271
254
258
261
264
270
278
283
288
285
272
274
273
274
274
273
Avg. annual P/E ratio
34.2
18.8
(0.8)
(11.9)
20.4
36.2
7.3
23.6
35.3
27.3
33.5
47.3
33.9
17.8
68.8
62.5
58.4
P/E to S&P500
1.9
1.1
(0.0)
(0.6)
1.3
2.2
0.5
1.4
1.8
1.2
1.5
2.0
1.4
0.7
2.3
3.1
2.9
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
1,484
1,615
1,039
853
936
1,150
1,326
1,460
1,581
1,702
1,816
1,943
2,138
2,336
2,683
2,988
3,283
Operating margin
15.1%
19.7%
(151.5)%
(14.5)%
(3.1)%
10.5%
16.0%
12.9%
13.1%
16.8%
13.5%
16.7%
18.5%
21.1%
24.1%
26.1%
29.9%
Depreciation (m)
147
131
129
93
88
92
89
98
116
118
120
116
119
123
150
131
131
Net profit (m)
143
296
(1,854)
(150)
127
72
440
164
159
252
203
204
346
989
591
696
775
Income tax rate
41.2%
18.6%
(15.8)%
2.4%
301.4%
24.3%
(133.7)%
(3.3)%
12.2%
5.7%
14.4%
35.2%
8.1%
(106.5)%
6.7%
9.4%
17.8%
Net profit margin
9.6%
18.3%
(178.5)%
(17.6)%
13.5%
6.3%
33.2%
11.2%
10.1%
14.8%
11.2%
10.5%
16.2%
42.3%
22.0%
23.3%
23.6%
Working capital (m)
764
744
390
453
182
49
174
73
459
428
116
338
242
497
682
745
615
Long-term debt (m)
730
500
500
436
406
132
- -
- -
349
343
643
644
345
346
461
455
348
Equity (m)
1,699
2,080
102
108
277
411
915
1,156
1,334
1,376
742
989
1,288
2,103
2,493
2,741
2,625
ROIC
5.2%
9.9%
(165.2)%
(12.0)%
17.5%
14.0%
48.7%
15.9%
10.4%
15.4%
14.8%
12.4%
20.9%
38.3%
19.3%
20.8%
24.3%
Return on capital
7.4%
9.7%
(94.7)%
(8.8)%
(5.2)%
7.9%
9.7%
8.1%
6.7%
12.6%
12.4%
14.1%
16.2%
14.8%
16.5%
17.9%
22.5%
Return on equity
8.4%
14.2%
(1,818.2)%
(138.3)%
45.7%
17.6%
48.1%
14.2%
11.9%
18.3%
27.4%
20.6%
26.8%
47.0%
23.7%
25.4%
29.5%
Plowback ratio
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
100.0%
Div.&Repurch./FCF
124.0%
51.2%
- -
- -
16.3%
(9.4)%
(6.1)%
(7.0)%
21.3%
87.6%
240.8%
26.2%
51.4%
52.5%
37.7%
50.7%
67.0%
Capital Structure
25 Jul · 2022 | Q2
All numbers in millions
Total liabilities
$ 1,736
Total assets
$ 4,361
Long-term debt
$ 348
Cash and equiv.
$ 1,030
Goodwill
$ 924
Retained earnings
$ 3,469
Common stock
272
Enterprise Value
$ 43,995
Working Capital
Currency: USD, in millions
2019
2021
2022
Cash & Investments
705
928
1,089
Receivables
315
338
338
Inventory
56
76
116
Other
94
359
557
Current assets
1,169
1,479
1,716
Acc. Payable
317
- -
- -
Debt due
- -
- -
- -
Other
355
797
971
Current liabilities
672
797
971
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
11.38%
11.38%
9.47%
Cash flow
27.65%
25.87%
16.42%
Earnings
17.83%
58.25%
22.99%
Dividends
- -
- -
- -
Book value
9.93%
30.49%
17.12%
Insider Trading
Type
Shares
Date
Tan Lip Bu
Sale
700
09/21/22
Tan Lip Bu
Sale
3,703
09/21/22
Tan Lip Bu
Sale
14,032
09/21/22
Tan Lip Bu
Sale
10,213
09/21/22
Tan Lip Bu
Sale
4,007
09/21/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
618
638
667
760
2,683
2022
736
728
751
773
2,988
2023
902
858
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.45
0.48
0.59
0.63
2.16
2022
0.68
0.57
0.64
0.65
2.54
2023
0.86
0.69
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
Company Description
Sector:
Technology
Industry:
Software—Application
CEO:
Mr. Lip-Bu Tan
Full-time employees:
9,300
City:
San Jose
Address:
2655 Seely Ave
IPO:
Jun 1, 1988
Website:
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
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