US stock · Technology sector · Software—Application
C
Cadence Design Systems, Inc.
CDNS229.30
USD
+1.22
(+0.53%)
Market Closed
65.33P/E
40Forward P/E
3.09P/E to S&P500
62.526BMarket CAP
- -Div Yield
Upcoming Earnings
24 Jul-28 Jul
Shares Short
5/31/23
3.65M
Short % of Float
1.78%
Short % of Shares Outs.
1.34%
% Held by Insiders
0.95%
% Held by Institutions
91.75%
Beta
1.07
PEG Ratio
2.58
52w. high/low
239.00/138.76
Avg. Daily Volume
1.49M
Return %
Stock
S&P 500
1 year
33.31
(9.05)
3 years
235.01
50.26
5 years
398.21
38.50
Scale: |
High
Low
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
194.97
132.31
202.96
154.88
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Revenue per share
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
13.13
Earnings per share
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
3.13
FCF per share
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
4.12
Dividends per share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
CAPEX per share
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
0.45
Book Value per sh.
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
10.12
Comm.Shares outs.
271
254
258
261
264
270
278
283
288
285
272
274
273
274
274
271
Avg. annual P/E ratio
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
62.7
50.9
P/E to S&P500
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
3.0
2.4
Avg. annual div. yield
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue (m)
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
3,562
Operating margin
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%
30.1%
Depreciation (m)
131
129
93
88
92
89
98
116
118
120
116
119
123
150
131
135
Net profit (m)
296
(1,854)
(150)
127
72
440
164
159
252
203
204
346
989
591
696
849
Income tax rate
18.6%
(15.8)%
2.4%
301.6%
24.3%
(133.7)%
(3.3)%
12.2%
5.7%
14.4%
35.2%
8.1%
(106.5)%
6.7%
9.4%
18.8%
Net profit margin
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%
23.8%
Working capital (m)
744
390
453
182
49
174
73
459
428
116
338
242
497
682
745
359
Long-term debt (m)
500
500
436
406
132
- -
- -
349
349
643
644
345
431
461
455
648
Equity (m)
2,080
102
108
277
411
915
1,156
1,334
1,376
742
989
1,288
2,103
2,493
2,741
2,745
ROIC
9.6%
(165.1)%
(12.0)%
5.1%
14.0%
48.7%
15.9%
10.4%
15.4%
14.8%
12.4%
20.9%
38.3%
19.3%
20.8%
22.9%
Return on capital
9.4%
(94.7)%
(8.8)%
(1.5)%
7.9%
9.8%
8.1%
6.7%
12.6%
12.4%
14.1%
16.2%
14.8%
16.5%
17.9%
20.8%
Return on equity
14.2%
(1,818.3)%
(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%
30.9%
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%
Div.&Repurch./FCF
51.2%
- -
- -
16.3%
(9.4)%
(6.1)%
(7.0)%
21.3%
87.6%
240.8%
26.2%
51.4%
52.5%
51.3%
62.1%
84.5%
Capital Structure
13 Feb · 2023 | Q4
All numbers in millions
Total liabilities
$ 2,392
Total assets
$ 5,137
Long-term debt
$ 648
Cash and equiv.
$ 882
Goodwill
$ 1,374
Retained earnings
$ 3,895
Common stock
270
Enterprise Value
$ 62,292
Working Capital
Currency: USD, in millions
2021
2022
2022
Cash & Investments
928
1,089
882
Receivables
338
338
487
Inventory
76
116
128
Other
136
334
164
Current assets
1,479
1,716
1,707
Acc. Payable
- -
- -
- -
Debt due
- -
- -
100
Other
797
971
1,248
Current liabilities
797
971
1,348
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
19.19%
13.67%
10.48%
Cash flow
8.18%
20.02%
15.64%
Earnings
21.98%
46.39%
32.39%
Dividends
- -
- -
- -
Book value
0.16%
22.97%
14.21%
Insider Trading
Type
Shares
Date
Nisewaner Karna
Sale
100
03/06/23
Tan Lip Bu
Sale
2,024
02/28/23
Tan Lip Bu
Sale
16,021
02/28/23
Tan Lip Bu
Sale
11,955
02/28/23
Zaman Aneel
Sale
1,553
02/28/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
618
638
667
760
2,683
2021
736
728
751
773
2,988
2022
902
858
903
900
3,562
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.45
0.48
0.59
0.63
2.16
2021
0.68
0.57
0.64
0.65
2.54
2022
0.86
0.68
0.68
0.88
3.10
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
- -
- -
- -
- -
- -
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
Company Description
Sector:
Technology
Industry:
Software—Application
CEO:
Dr. Anirudh Devgan Ph.D.
Full-time employees:
9,300
City:
San Jose
Address:
Building 5
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.
Recent News
· 27 Apr, 2021 · The Wall Street Journal