Equities
  • Price (USD)97.82
  • Today's Change0.75 / 0.77%
  • Shares traded50.00
  • 1 Year change32.15%
  • Beta1.0951
Data delayed at least 15 minutes, as of Jul 02 2020 21:00 BST.
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Profile data is unavailable for this security.

About the company

Cadence Design Systems, Inc. provides solutions that enable its customers to design electronic products. The Company's product categories include Functional Verification, Digital integrated circuits (IC) Design and Signoff, Custom IC Design and Verification, System Interconnect and Analysis, and intellectual property (IP). Functional verification products are used to verify that the circuitry or the software designed will perform as intended. Digital IC design offerings are used to create representations of a digital circuit or an IC that can be verified for correctness prior to implementation. Custom IC design and verification offerings are used to create schematic and physical representations of circuits down to the transistor level for analog and memory designs. System Interconnect and Analysis offerings are used to develop printed circuit boards and IC packages. Design IP offerings consist of functional blocks, which customers integrate into their ICs for the development process.

  • Revenue in USD (TTM)2.38bn
  • Net income in USD991.41m
  • Incorporated1987
  • Employees8.10k
  • Location
    Cadence Design Systems Inc2655 Seely AveSAN JOSE 95134-1931United StatesUSA
  • Phone+1 (408) 943-1234
  • Fax+1 (408) 428-5001
  • Websitehttps://www.cadence.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CDNS:NSQ since
announced
Transaction
value
Integrand Software IncDeal completed13 Feb 202013 Feb 2020Deal completed26.87%--
AWR CorpDeal completed03 Dec 201903 Dec 2019Deal completed44.96%160.00m
Data delayed at least 15 minutes, as of Jul 02 2020 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Cerner Corporation5.71bn510.39m21.28bn27.40k43.445.5117.673.721.611.6117.9912.700.832145.094.95208,557.007.4310.168.6711.8181.2482.728.9312.021.90--0.25735.606.0810.84-15.970.152610.79--
Palo Alto Networks Inc3.26bn-228.90m22.24bn8.05k--29.87--6.81-2.36-2.3633.717.720.5114--6.06465,326.50-3.59-4.01-5.43-6.1671.6172.37-7.01-7.92---6.390.6648--27.5337.1232.98--29.44--
Fortinet Inc2.26bn369.60m22.38bn7.45k65.4941.9751.679.902.112.1312.933.300.70515.395.28319,189.5011.536.9120.4511.5376.9374.5916.3510.651.25--0.000.0019.7122.86-11.0766.5123.42--
Crowdstrike Holdings Inc563.41m-135.02m23.17bn2.58k--30.73--41.12-0.7995-0.79952.983.490.57--4.87244,007.80-13.66---24.17--71.74---23.97------0.00--92.70---1.22------
Verisign, Inc.1.24bn783.89m24.36bn872.0031.67--29.3519.686.666.6610.48-12.180.6739--224.191,419,469.0042.6823.8088.2557.9485.4183.5463.3346.78--12.154.72--1.374.0549.5119.380.498--
RingCentral Inc968.88m-107.97m25.28bn2.36k--51.55--26.10-1.26-1.2611.455.580.6829733.108.21410,021.60-7.61-3.90-9.38-5.3873.8275.01-11.14-3.593.16-2.770.68--34.0332.64-104.58--49.32--
ANSYS, Inc.1.50bn410.63m25.50bn4.10k62.667.7553.8116.964.764.7617.4138.470.3808--4.97366,767.6010.4010.7111.9813.0087.9386.8727.3128.50----0.1140.0017.1810.126.9512.0311.55--
Okta Inc643.70m-214.61m25.89bn2.38k--62.67--40.22-1.79-1.795.383.320.4241--6.62286,344.80-14.14-22.14-23.04-42.2873.1670.07-33.34-40.01---6.700.6965--46.7970.22-66.47--56.81--
Datadog Inc423.98m-740.00k26.82bn1.40k--33.332,022.5763.26-0.0049-0.00491.402.690.6414--4.94302,193.90-0.1119---0.1539--77.24---0.1745------0.00--83.15---55.27------
Cadence Design Systems Inc2.38bn991.41m27.31bn8.10k27.6112.6624.4311.493.543.558.497.730.75315.518.24293,522.7031.4015.0342.4520.8288.6387.3441.7019.091.3228.270.24390.009.278.12187.1944.1513.38--
Msci Inc1.60bn533.58m28.60bn3.46k54.83--46.5317.846.246.2418.75-4.230.4449--3.53472,083.3014.8111.5018.7614.2182.0878.8133.2829.11--5.871.1337.028.639.3413.4823.201.1169.52
Synopsys, Inc.3.40bn474.62m29.79bn13.90k64.416.9743.918.763.073.0721.9828.330.50314.495.02244,657.407.026.239.779.0778.0476.9013.9612.310.8735--0.0522--7.6810.31-2.5915.49-13.78--
Cognizant Technology Solutions Corp16.90bn1.77bn30.32bn291.70k17.562.8612.871.793.193.1930.5619.621.01--4.6557,770.9410.9012.8613.0815.8136.0939.0910.8112.62--117.440.188712.884.0810.34-12.125.0613.06--
Splunk Inc2.37bn-486.82m31.76bn5.80k--17.54--13.41-3.13-3.1315.3811.400.4918--5.09408,302.30-10.11-10.79-12.99-15.0980.4781.14-20.56-20.17---8.070.4894--30.8339.23-22.17--49.36--
Twilio Inc1.27bn-365.35m32.54bn3.06k--7.64--25.70-2.69-2.699.3330.410.2727--9.11951,312.60-7.87-12.24-8.28-13.6153.4254.17-28.85-21.67----0.101--74.5266.43-151.80--67.07--
Snap Inc1.86bn-1.03bn33.85bn3.20k--15.73--18.22-0.7358-0.73581.331.480.5525--5.49581,404.10-30.61---35.02--49.10---55.40-----423.360.2983--45.33--17.70------
Data as of Jul 02 2020. Currency figures normalised to Cadence Design Systems Inc's reporting currency: US Dollar USD

Institutional shareholders

48.27%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 202032.79m11.75%
Massachusetts Financial Services Co.as of 29 May 202027.95m10.01%
BlackRock Fund Advisorsas of 31 Mar 202015.84m5.67%
MFS International (UK) Ltd.as of 31 May 202015.42m5.53%
SSgA Funds Management, Inc.as of 31 Mar 202012.35m4.42%
Parnassus Investmentsas of 31 Mar 20208.86m3.17%
BlackRock Investment Management (UK) Ltd.as of 31 Mar 20206.87m2.46%
Geode Capital Management LLCas of 31 Mar 20205.48m1.96%
Pictet Asset Management SAas of 31 Mar 20204.82m1.73%
Fidelity Management & Research Co. LLCas of 31 Mar 20204.36m1.56%
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Data from 31 Mar 2020 - 30 Jun 2020Source: FactSet Research Systems Inc.
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