CDNS:NGS-Cadence Design Systems Inc. (USD)

EQUITY | Software - Application | Nasdaq Global Select

Last Closing

USD 300.9

Change

-0.35 (-0.12)%

Market Cap

USD 7.68B

Volume

1.18M

Analyst Target

USD 110.68
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Cadence Design Systems Inc develops system design enablement solutions. The Company's solution is uses to design whole electronics systems and increasingly small and complex integrated circuits, or ICs, and electronic devices.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-11 )

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ETFs Containing CDNS

BELT BlackRock Long-Term U.S. .. 5.09 % 0.00 %

-0.05 (-0.47%)

USD 0.01B
DXUS:CA Dynamic Active U.S. Equit.. 4.90 % 0.00 %

+0.08 (+-0.47%)

N/A
SMHX VanEck Fabless Semiconduc.. 4.03 % 0.00 %

-0.13 (-0.47%)

USD 0.01B
FFOG 3.51 % 0.00 %

N/A

N/A
BGRO BlackRock Large Cap Growt.. 3.34 % 0.00 %

+0.10 (+-0.47%)

USD 6.03M
ACLE:XETRA AXA IM ACT Climate Equity.. 2.85 % 0.00 %

-0.12 (-0.47%)

N/A
ACLT:XETRA AXA IM ACT Climate Equity.. 2.85 % 0.00 %

-0.06 (-0.47%)

N/A
ACLE:F AXA IM ACT Climate Equity.. 2.38 % 0.00 %

+0.11 (+-0.47%)

USD 0.16B
ACLT:F AXA IM ACT Climate Equity.. 2.38 % 0.00 %

+0.17 (+-0.47%)

N/A
GTEK Goldman Sachs Future Tech.. 2.38 % 0.00 %

-0.20 (-0.47%)

USD 0.17B
AMOM QRAFT AI-Enhanced U.S. La.. 2.23 % 0.00 %

-0.39 (-0.47%)

USD 0.04B
SUBS 2.13 % 0.00 %

N/A

N/A
POWA Invesco Bloomberg Pricing.. 2.12 % 0.00 %

-0.34 (-0.47%)

N/A
IGV 0.00 % 0.46 %

N/A

N/A
JKH iShares Morningstar Mid-C.. 0.00 % 0.30 %

N/A

N/A
CLRG 0.00 % 0.25 %

N/A

N/A
MIDF 0.00 % 0.00 %

N/A

N/A
XCHA:LSE Xtrackers CSI300 Swap UCI.. 0.00 % 0.00 %

-0.31 (-0.47%)

N/A
GIQU:CA Guardian i3 US Quality Gr.. 0.00 % 0.00 %

-0.36 (-0.47%)

CAD 3.06M
WTI2:XETRA WisdomTree Artificial Int.. 0.00 % 0.00 %

-0.47 (-0.47%)

USD 0.90B
GIQU-B:CA Guardian i3 US Quality Gr.. 0.00 % 0.00 %

N/A

CAD 8.42M
IMCG iShares Morningstar Mid-C.. 0.00 % 0.00 %

-0.44 (-0.47%)

N/A
WTI2:F WisdomTree Artificial Int.. 0.00 % 0.00 %

-0.53 (-0.47%)

USD 0.90B
WTAI:SW WisdomTree Artificial Int.. 0.00 % 0.00 %

-0.47 (-0.47%)

USD 0.78B

Market Performance

  Market Performance vs. Industry/Classification (Software - Application) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.47% 60% D- 63% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 10.47% 60% D- 60% D-
Trailing 12 Months  
Capital Gain 14.00% 51% F 54% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 14.00% 50% F 51% F
Trailing 5 Years  
Capital Gain 347.70% 94% A 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 347.70% 94% A 95% A
Average Annual (5 Year Horizon)  
Capital Gain 37.91% 81% B- 83% B
Dividend Return 37.91% 81% B- 83% B
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 28.02% 82% B 65% D
Risk Adjusted Return 135.28% 100% F 100% F
Market Capitalization 7.68B 98% N/A 99% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Software - Application) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 32.40 20% 15%
Price/Book Ratio 16.60 12% 8%
Price / Cash Flow Ratio 57.34 15% 5%
Price/Free Cash Flow Ratio 48.61 14% 7%
Management Effectiveness  
Return on Equity 27.07% 90% 93%
Return on Invested Capital 27.39% 89% 90%
Return on Assets 10.87% 95% 96%
Debt to Equity Ratio 8.81% 66% 73%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector