US · USD
CDNS
Cadence Design Systems Inc
- Day's range
- US$337.85 – US$355.03
- Day's volume
- US$426.1m
- 52-week range
- US$265.66 – US$416.39
Follow CDNS on Fuolio
See how CDNS weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountCDNS in numbers
- Market cap
- US$94bn
- P/E
- 82.54
- P/B
- 14.73
- Dividend yield (12m)
- 0.00%
CDNS trades at 82.54 times its earnings of the last 12 months.
CDNS price history
CDNS risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +0.68% | +42.17% | +96.98% |
| Volatility (annualised) | 30.19% | 29.38% | 29.70% |
| Largest drawdown | -17.96% | -23.78% | -23.78% |
| Positive months | 6/12 | 21/36 | 34/60 |
How much did investing in CDNS return?
US$1,000.00 invested on 01/10/2021 would be worth US$2,024.29 today.
- Value today in CDNS
- US$2,024.29
- Return over the period
- +102.43%
- Return per year
- +15.15%
- In the S&P 500
- US$1,666.41
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
CDNS fundamentals
Valuation
- P/E82.54
- P/B14.73
- EV/EBITDA51.60
- EV/EBIT60.17
- EV/Revenue17.00
- P/EBIT60.17
- P/S17.00
- P/OCF58.83
- P/FCF65.72
- Earnings yield1.66%
- PEG ratio—
- Earnings per shareUS$4.25
- Book value per shareUS$23.79
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio1.47
- Quick ratio1.32
- Cash ratio0.65
Efficiency
- Gross margin—
- EBITDA margin32.94%
- Operating margin28.25%
- Net margin21.18%
- Asset turnover0.46
Profitability
- ROE17.85%
- ROA9.68%
- ROIC17.48%
- Payout0.00%
What is CDNS's fair price?
Two classic value formulas, with today's numbers. The current price is US$350.43.
- Graham's fair price
- US$47.67
- 86.40% below the price
√(22.50 × US$4.25 × US$23.79)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to CDNS: it paid no distributions in the last five years.
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
CDNS indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 76.86 | 78.03 | 71.22 | 51.65 | 63.00 | 87.50 | 19.65 | 35.26 |
| P/B | 15.57 | 17.62 | 21.78 | 15.97 | 16.00 | 20.73 | 9.24 | 9.46 |
| EV/EBITDA | 49.55 | 53.21 | 53.10 | 36.36 | 47.59 | 65.32 | 31.62 | 23.68 |
| Earnings per share | US$4.07 | US$3.85 | US$3.82 | US$3.11 | US$2.55 | US$2.13 | US$3.53 | US$1.23 |
| Book value per share | US$20.08 | US$17.05 | US$12.50 | US$10.06 | US$10.04 | US$8.99 | US$7.51 | US$4.60 |
| ROE | 20.26% | 22.58% | 30.58% | 30.93% | 25.39% | 23.69% | 47.03% | 26.84% |
| ROIC | 19.86% | 21.86% | 29.85% | 31.76% | 25.75% | 24.17% | 23.39% | 28.25% |
| EBITDA margin | 32.47% | 33.35% | 34.14% | 33.85% | 30.83% | 29.49% | 26.31% | 24.08% |
| Net margin | 20.94% | 22.74% | 25.46% | 23.84% | 23.29% | 22.02% | 42.33% | 16.17% |
CDNS financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Net revenue | US$5.3bn | US$4.6bn | US$4.1bn | US$3.6bn | US$3bn | US$2.7bn |
| Cost of sales | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| EBITDA | US$1.7bn | US$1.5bn | US$1.4bn | US$1.2bn | US$921.4m | US$791.2m |
| EBIT | US$1.5bn | US$1.4bn | US$1.3bn | US$1.1bn | US$779.1m | US$645.6m |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$1.5bn | US$1.4bn | US$1.3bn | US$1bn | US$768.4m | US$632.7m |
| Income tax | -US$413.2m | -US$340.3m | -US$240.8m | -US$196.4m | -US$72.5m | -US$42.1m |
| Net income | US$1.1bn | US$1.1bn | US$1bn | US$849m | US$696m | US$590.6m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does CDNS pay dividends?
CDNS has no distributions on record.
About Cadence Design Systems
- Sector
- Services
Questions about CDNS
How much is CDNS today?
CDNS is at US$350.43 (6.13% on the day), last traded on 01/10/2026.
What are the P/E and P/B of CDNS?
CDNS trades at a P/E of 82.54 and a P/B of 14.73.
How much did CDNS return in 12 months?
CDNS returned 0.68% in 12 months, with annualised volatility of 30.19% and a largest drawdown of -17.96%.