Cadence Design Systems In... (CDNS)
Cadence Design Systems Statistics
Share Statistics
Cadence Design Systems has 274.11M shares outstanding. The number of shares has increased by 0.61% in one year.
| Shares Outstanding | 274.11M |
| Shares Change (YoY) | 0.61% |
| Shares Change (QoQ) | 0.16% |
| Owned by Institutions (%) | 86.34% |
| Shares Floating | 272.94M |
| Failed to Deliver (FTD) Shares | 4.46K |
| FTD / Avg. Volume | 0.19% |
Short Selling Information
The latest short interest is 4.37M, so 1.59% of the outstanding shares have been sold short.
| Short Interest | 4.37M |
| Short % of Shares Out | 1.59% |
| Short % of Float | 1.6% |
| Short Ratio (days to cover) | 3.1 |
Valuation Ratios
The PE ratio is 77.2 and the forward PE ratio is 43.68. Cadence Design Systems's PEG ratio is 99.34.
| PE Ratio | 77.2 |
| Forward PE | 43.68 |
| PS Ratio | 17.56 |
| Forward PS | 10.1 |
| PB Ratio | 17.44 |
| P/FCF Ratio | 72.89 |
| PEG Ratio | 99.34 |
Enterprise Valuation
Cadence Design Systems Inc. has an Enterprise Value (EV) of 73.17B.
| EV / Earnings | 69.32 |
| EV / Sales | 15.76 |
| EV / EBITDA | 43.9 |
| EV / EBIT | 54.17 |
| EV / FCF | 65.45 |
Financial Position
The company has a current ratio of 2.93, with a Debt / Equity ratio of 0.53.
| Current Ratio | 2.93 |
| Quick Ratio | 2.74 |
| Debt / Equity | 0.53 |
| Total Debt / Capitalization | 34.63 |
| Cash Flow / Debt | 0.51 |
| Interest Coverage | 17.77 |
Financial Efficiency
Return on equity (ROE) is 0.23% and return on capital (ROIC) is 14.29%.
| Return on Equity (ROE) | 0.23% |
| Return on Assets (ROA) | 0.12% |
| Return on Capital (ROIC) | 14.29% |
| Revenue Per Employee | $365,453.86 |
| Profits Per Employee | $83,108.98 |
| Employee Count | 12,700 |
| Asset Turnover | 0.52 |
| Inventory Turnover | 0.82 |
Taxes
| Income Tax | 340.33M |
| Effective Tax Rate | 0.24 |
Stock Price Statistics
The stock price has increased by -15.69% in the last 52 weeks. The beta is 1.05, so Cadence Design Systems's price volatility has been higher than the market average.
| Beta | 1.05 |
| 52-Week Price Change | -15.69% |
| 50-Day Moving Average | 275.49 |
| 200-Day Moving Average | 284.16 |
| Relative Strength Index (RSI) | 51.53 |
| Average Volume (20 Days) | 2.3M |
Income Statement
In the last 12 months, Cadence Design Systems had revenue of 4.64B and earned 1.06B in profits. Earnings per share was 3.89.
| Revenue | 4.64B |
| Gross Profit | 4.43B |
| Operating Income | 1.35B |
| Net Income | 1.06B |
| EBITDA | 1.67B |
| EBIT | 1.35B |
| Earnings Per Share (EPS) | 3.89 |
Balance Sheet
The company has 2.64B in cash and 2.48B in debt, giving a net cash position of 167.85M.
| Cash & Cash Equivalents | 2.64B |
| Total Debt | 2.48B |
| Net Cash | 167.85M |
| Retained Earnings | 5.99B |
| Total Assets | 8.97B |
| Working Capital | 2.65B |
Cash Flow
In the last 12 months, operating cash flow was 1.26B and capital expenditures -142.54M, giving a free cash flow of 1.12B.
| Operating Cash Flow | 1.26B |
| Capital Expenditures | -142.54M |
| Free Cash Flow | 1.12B |
| FCF Per Share | 4.12 |
Margins
Gross margin is 95.46%, with operating and profit margins of 29.1% and 22.74%.
| Gross Margin | 95.46% |
| Operating Margin | 29.1% |
| Pretax Margin | 30.07% |
| Profit Margin | 22.74% |
| EBITDA Margin | 35.91% |
| EBIT Margin | 29.1% |
| FCF Margin | 24.09% |
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 | 1.48% |
| FCF Yield | 1.55% |
Analyst Forecast
The average price target for CDNS is $340, which is 29.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $340 |
| Price Target Difference | 29.5% |
| 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 | 11.62 |
| Piotroski F-Score | 6 |