Cadence Design Systems Stock Fundamentals
| 0HS2 Stock | 311.11 10.78 3.59% |
Cadence Design Systems fundamentals help investors to digest information that contributes to Cadence Design's financial success or failures. It also enables traders to predict the movement of Cadence Stock. The fundamental analysis module provides a way to measure Cadence Design's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cadence Design stock.
At this time, Cadence Design's Total Other Income Expense Net is comparatively stable compared to the past year. Net Income is likely to gain to about 1.1 B in 2024, whereas Cost Of Revenue is likely to drop slightly above 220.6 M in 2024. Cadence | Select Account or Indicator |
Cadence Design Systems Company Current Valuation Analysis
Cadence Design's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Cadence Design Current Valuation | 82.5 B |
Most of Cadence Design's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cadence Design Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Cadence Design Systems has a Current Valuation of 82.5 B. This is much higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The current valuation for all United Kingdom stocks is significantly lower than that of the firm.
Cadence Design Systems Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cadence Design's current stock value. Our valuation model uses many indicators to compare Cadence Design value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cadence Design competition to find correlations between indicators driving Cadence Design's intrinsic value. More Info.Cadence Design Systems is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cadence Design Systems is roughly 2.49 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cadence Design's earnings, one of the primary drivers of an investment's value.Cadence Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cadence Design's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cadence Design could also be used in its relative valuation, which is a method of valuing Cadence Design by comparing valuation metrics of similar companies.Cadence Design is currently under evaluation in current valuation category among its peers.
Cadence Fundamentals
| Return On Equity | 0.27 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.31 % | |||
| Current Valuation | 82.5 B | |||
| Shares Outstanding | 282.14 M | |||
| Shares Owned By Insiders | 0.81 % | |||
| Shares Owned By Institutions | 90.99 % | |||
| Price To Sales | 19.28 X | |||
| Revenue | 4.09 B | |||
| Gross Profit | 3.19 B | |||
| EBITDA | 1.42 B | |||
| Net Income | 1.04 B | |||
| Total Debt | 806.03 M | |||
| Book Value Per Share | 16.64 X | |||
| Cash Flow From Operations | 1.35 B | |||
| Earnings Per Share | 2.68 X | |||
| Number Of Employees | 12.7 K | |||
| Beta | 1.02 | |||
| Market Capitalization | 81.24 B | |||
| Total Asset | 5.67 B | |||
| Retained Earnings | 4.94 B | |||
| Net Asset | 5.67 B |
About Cadence Design Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cadence Design Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cadence Design using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cadence Design Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 683.8 M | 718 M | |
| Total Revenue | 4.1 B | 4.3 B | |
| Cost Of Revenue | 435 M | 220.6 M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Cadence Stock Analysis
When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.