Cadence Design Systems Inc. (CDNS): Price and Financial Metrics

CDNS POWR Grades

• Quality is the dimension where CDNS ranks best; there it ranks ahead of 99.5% of US stocks.
• The strongest trend for CDNS is in Stability, which has been heading down over the past 179 days.
• CDNS ranks lowest in Momentum; there it ranks in the 28th percentile.

CDNS Stock Summary

• CDNS has a higher market value than 94.05% of US stocks; more precisely, its current market capitalization is $46,029,455,920.
• With a one year PEG ratio of 327.64, Cadence Design Systems Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.55% of US stocks.
• CDNS's price/sales ratio is 15.4; that's higher than the P/S ratio of 90.81% of US stocks.
• If you're looking for stocks that are quantitatively similar to Cadence Design Systems Inc, a group of peers worth examining would be NXPI, SNPS, BGNE, ALNY, and SGEN.
• Visit CDNS's SEC page to see the company's official filings. To visit the company's web site, go to www.cadence.com.

CDNS Valuation Summary

• CDNS's EV/EBIT ratio is 59.4; this is 84.19% higher than that of the median Technology stock.
• CDNS's price/sales ratio has moved up 12.2 over the prior 243 months.
• Over the past 243 months, CDNS's price/sales ratio has gone up 12.2.

Below are key valuation metrics over time for CDNS.

CDNS Growth Metrics

The 4 year revenue growth rate now stands at 36.75%.
• The year over year price growth rate now stands at 85.29%.
• Its 3 year cash and equivalents growth rate is now at -33.5%.

Over the past 52 months, CDNS's revenue has gone up $1,077,954,000.

The table below shows CDNS's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	2,988.244	1,100.958	695.955
2021-09-30	2,975.117	1,020.623	693.114
2021-06-30	2,890.829	930.897	678.437
2021-03-31	2,800.962	895.645	653.825
2020-12-31	2,682.891	904.922	590.644
2020-09-30	2,522.537	928.696	1,076.581

CDNS's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• CDNS has a Quality Grade of A, ranking ahead of 99.34% of graded US stocks.
• CDNS's asset turnover comes in at 0.731 -- ranking 213th of 561 Business Services stocks.
• CTK, SSNT, and ACM are the stocks whose asset turnover ratios are most correlated with CDNS.

The table below shows CDNS's key quality metrics over time.