CDNS

Cadence Design Systems, Inc. (CDNS)

Last Price$241.7(3.5%)
Market Cap$67.7B

CDNS Rating

CDNS Intrinsic Value

Key Highlights:
As of Mar 03, 2025 CDNS Relative Value is $218.5, which is overvalued by 9.6%, compared to current share price of $241.7.
As of Mar 03, 2025 CDNS DCF Value is $97.0, which is overvalued by 59.9%, compared to current share price of $241.7.
Methodology
Price per share, $
Current share price
241.7

CDNS Share Price History

1W (4.4%)
1M (19.0%)
6M (5.7%)
YTD (8.0%)
1Y (23.8%)
3Y 57.0%
5Y 265.0%
10Y 1,210.2%
Share Price
Intrinsic Value
Drawdown
Total Return
vs SP500
vs NASDAQ
Crunching data... Almost there!

CDNS Stock Metrics

Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Base
$4,641.3M
Shares Outstanding
280M
Employees
13K
Valuation (LTM)
Return on Capital
19.9%
11.6%
24.7%
13.4%
Earnings
Apr 21, 2025
BEAT by 11.0%
10 Beat & null Miss

CDNS Stock Financials

CDNS Income Statement Metrics

Annual
Quarterly
LTM

Revenue

$4,641.3M +13.5% YoY

Operating Income

$1,350.8M +8.0% YoY

Net Income

$1,055.5M +1.4% YoY

CDNS Cash Flow Statement Metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$1,260.6M -6.6% YoY

Capital Expenditure (CAPEX)

($142.5M) +39.1% YoY

Free Cash Flow (FCF)

$1,118.0M -10.3% YoY

CDNS Income Statement Overview

Annual
Quarterly
LTM
Jan'16
Dec'16
Dec'17
Dec'18
Dec'19
Jan'21
Jan'22
Dec'22
Dec'23
Dec'24
$4,641.3M 13.5% YoY
$4,430.4M 21.2% YoY
95.5% margin
Cost of revenue
$210.9M (51.5%) YoY
Operating income
$1,350.8M 8.0% YoY
29.1% margin
Other: $30.9M
Net interest: $76.0M
Operating expenses
$3,079.6M 28.1% YoY
Pre-tax income
$1,395.8M 8.9% YoY
30.1% margin
Net income
$1,055.5M 1.4% YoY
22.7% margin
Income tax
$340.3M
24.4% tax rate
R&D
$1,549.1M 7.4% YoY
33.4% of revenue
SG&A
$1,039.8M 12.9% YoY
22.4% of revenue

CDNS Balance Sheet Overview

Annual
Quarterly
LTM
Jan'16
Dec'16
Dec'17
Dec'18
Dec'19
Jan'21
Jan'22
Dec'22
Dec'23
Dec'24
Assets
Liabilities
Total assets
$8,974.5M
Current assets ($4,016.1M, 44.7% of total)
$2,644.0M (29.5%)
$680.5M (7.6%)
Other current assets
$691.6M (7.7%)
Non-current assets ($4,958.4M, 55.3% of total)
$594.7M (6.6%)
Other non-current assets
$3,905.5M (43.5%)
Financial position
($167.8M)
$2,644.0M$2,476.2M
Cash & Short-term Investments
Total Debt

CDNS Stock Ratios

CDNS Earnings Surprises

Crunching data... Almost there!

CDNS Dividends

CDNS Dividend Yield

Crunching data... Almost there!

CDNS Dividend Per Share

Competing with CDNS

Overview
Ratings
Intrinsic Value
Valuation
Growth
Profitability
Health
Capital allocation
Momentum
Earnings
Dividends
Company name
Market Cap
Quality rating
Intrinsic value
1Y Return
Revenue
Free Cash Flow
Revenue growth
FCF margin
Gross margin
ROIC
Total Debt to Equity
$67.7B
7.0
$153.9
36.4% overvalued
(23.8%)
$4,641.3M
$1,118.0M
13.5%
24.1%
91.5%
24.7%
41.0%
$331.6B
6.4
$269.1
4.1% overvalued
48.4%
€34.2B
€4,421.0M
9.5%
12.9%
73.1%
10.1%
25.0%
$286.3B
7.2
$265.0
9.6% overvalued
(6.3%)
$37.9B
$12.4B
8.7%
32.8%
77.2%
10.2%
4.8%
$189.8B
7.5
$296.0
67.5% overvalued
17.3%
$11.0B
$3,385.0M
22.4%
30.8%
79.2%
18.9%
7.0%
$172.0B
6.8
$603.6
0.4% undervalued
(9.5%)
$17.2B
$5,632.0M
13.7%
32.8%
78.9%
13.3%
39.3%
$160.9B
6.9
$194.8
161.7% undervalued
(8.4%)
$44.0B
$6,951.0M
18.0%
15.8%
37.5%
56.5%
6.5%
$143.3B
7.9
$48.8
54.2% overvalued
40.7%
$8,879.6M
$1,596.3M
25.8%
18.0%
50.4%
57.5%
9.7%
$117.3B
7.7
$124.4
63.1% overvalued
445.2%
$4,709.2M
$2,094.2M
43.4%
44.5%
74.5%
49.8%
326.3%
$69.4B
6.7
$294.4
15.7% undervalued
(6.8%)
$8,438.0M
$2,192.0M
16.5%
26.0%
80.2%
4.2%
4.2%
$58.3B
6.2
$19.9
92.1% overvalued
88.1%
$463.5M
($22.1B)
(6.6%)
(4,777.0%)
72.1%
(19.7%)
0.6%
$55.1B
7.7
$237.0
15.2% undervalued
(10.2%)
$6,229.8M
$2,556.8M
100.4%
41.0%
86.0%
136.1%
3.8%

FAQ

What is Cadence Design Systems, Inc. (CDNS) stock rating?

As of today, Cadence Design Systems, Inc. has a stock rating of 7 (out of 10), which is considered Great.

is Cadence Design Systems, Inc. (CDNS) a good stock to buy?

As of today, Cadence Design Systems, Inc. has a Great stock rating, which is 36.4% overvalued. According to Value Sense backtesting, stocks with similar profile tend to outperform the market by 0.5%.