Cadence Design Systems Statistics
Share Statistics
Cadence Design Systems has 274.26M shares outstanding. The number of shares has increased by 0.65% in one year.
| Shares Outstanding | 274.26M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.51% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 270.34M |
| Failed to Deliver (FTD) Shares | 12 |
| FTD / Avg. Volume | 0% |
Short Selling Information
The latest short interest is 3.92M, so 1.43% of the outstanding shares have been sold short.
| Short Interest | 3.92M |
| Short % of Shares Out | 1.43% |
| Short % of Float | 1.44% |
| Short Ratio (days to cover) | 1.78 |
Valuation Ratios
The PE ratio is 70.47 and the forward PE ratio is 43.47. Cadence Design Systems 's PEG ratio is 1.49.
| PE Ratio | 70.47 |
| Forward PE | 43.47 |
| PS Ratio | 17.94 |
| Forward PS | 16 |
| PB Ratio | 21.55 |
| P/FCF Ratio | 58.85 |
| PEG Ratio | 1.49 |
Enterprise Valuation
Cadence Design Systems Inc. has an Enterprise Value (EV) of 73.17B.
| EV / Earnings | 70.28 |
| EV / Sales | 17.89 |
| EV / EBITDA | 51.54 |
| EV / EBIT | 58.48 |
| EV / FCF | 58.69 |
Financial Position
The company has a current ratio of 1.24, with a Debt / Equity ratio of 0.19.
| Current Ratio | 1.24 |
| Quick Ratio | 1.13 |
| Debt / Equity | 0.19 |
| Total Debt / Capitalization | 16.01 |
| Cash Flow / Debt | 2.08 |
| Interest Coverage | 34.58 |
Financial Efficiency
Return on equity (ROE) is 0.31% and return on capital (ROIC) is 24.14%.
| Return on Equity (ROE) | 0.31% |
| Return on Assets (ROA) | 0.18% |
| Return on Capital (ROIC) | 24.14% |
| Revenue Per Employee | 321.97K |
| Profits Per Employee | 81.96K |
| Employee Count | 12.70K |
| Asset Turnover | 0.72 |
| Inventory Turnover | 2.39 |
Taxes
| Income Tax | 240.78M |
| Effective Tax Rate | 0.19 |
Stock Price Statistics
The stock price has increased by 13.11% in the last 52 weeks. The beta is 1.02, so Cadence Design Systems 's price volatility has been higher than the market average.
| Beta | 1.02 |
| 52-Week Price Change | 13.11% |
| 50-Day Moving Average | 288.23 |
| 200-Day Moving Average | 289.15 |
| Relative Strength Index (RSI) | 54.47 |
| Average Volume (20 Days) | 1.86M |
Income Statement
In the last 12 months, Cadence Design Systems had revenue of $4.09B and earned $1.04B in profits. Earnings per share was $3.86.
| Revenue | 4.09B |
| Gross Profit | 3.65B |
| Operating Income | 1.25B |
| Net Income | 1.04B |
| EBITDA | 1.42B |
| EBIT | 1.25B |
| Earnings Per Share (EPS) | 3.86 |
Balance Sheet
The company has $1.01B in cash and $806.03M in debt, giving a net cash position of $202.12M.
| Cash & Cash Equivalents | 1.01B |
| Total Debt | 806.03M |
| Net Cash | 202.12M |
| Retained Earnings | 4.94B |
| Total Assets | 9.17B |
| Working Capital | 2.42B |
Cash Flow
In the last 12 months, operating cash flow was $1.35B and capital expenditures -$102.50M, giving a free cash flow of $1.25B.
| Operating Cash Flow | 1.35B |
| Capital Expenditures | -102.50M |
| Free Cash Flow | 1.25B |
| FCF Per Share | 4.63 |
Margins
Gross margin is 89.36%, with operating and profit margins of 30.59% and 25.46%.
| Gross Margin | 89.36% |
| Operating Margin | 30.59% |
| Pretax Margin | 31.34% |
| Profit Margin | 25.46% |
| EBITDA Margin | 34.71% |
| EBIT Margin | 30.59% |
| FCF Margin | 30.48% |
Dividends & Yields
CDNS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.26% |
| FCF Yield | 1.48% |
Analyst Forecast
The average price target for CDNS is $350, which is 14% higher than the current price. The consensus rating is "Buy".
| Price Target | $350 |
| Price Target Difference | 14% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
Stock Splits
The last stock split was on Nov 17, 1997. It was a forward split with a ratio of 2:1.
| Last Split Date | Nov 17, 1997 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 13.14 |
| Piotroski F-Score | 6 |