Equities
  • Price (USD)163.52
  • Today's Change-1.43 / -0.87%
  • Shares traded1.14m
  • 1 Year change-12.41%
  • Beta1.0760
Data delayed at least 15 minutes, as of Nov 29 2022 21:00 GMT.
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About the company

Cadence Design Systems, Inc. is an electronic system designing company. The Company's Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. Its Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks. Its System Design and Analysis offerings are used by its customers to develop printed circuit boards (PCBs) and advanced IC packages and to analyze electromagnetic, electro-thermal and other multi-physics effects.

  • Revenue in USD (TTM)3.43bn
  • Net income in USD785.14m
  • Incorporated1987
  • Employees9.30k
  • Location
    Cadence Design Systems Inc2655 Seely Avenue Bldg 5SAN JOSE 95134United 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
OpenEye Scientific Software IncDeal completed25 Jul 202225 Jul 2022Deal completed-2.50%500.00m
Future Facilities LtdDeal completed11 Jul 202211 Jul 2022Deal completed1.93%--
Data delayed at least 15 minutes, as of Nov 29 2022 21:00 GMT.

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)
Sea Ltd (ADR)12.22bn-2.70bn24.34bn67.30k--6.09--1.99-4.85-4.8521.968.780.682159.1240.09181,578.50-15.12-22.54-24.32-39.3939.2733.54-22.17-37.441.77-17.610.4604--127.5195.83-26.49--101.10--
Veeva Systems Inc2.00bn393.68m28.99bn5.48k67.458.9368.7014.492.772.7712.3520.900.5359--5.51365,000.0010.5414.0913.1118.5072.1871.9919.6724.94----0.000.0026.3327.4412.4740.6813.62--
Cognizant Technology Solutions Corp19.37bn2.35bn30.89bn349.40k13.382.5810.611.594.494.4937.0523.261.12--4.8858,578.3413.5312.0116.6914.7836.3537.7412.0811.63----0.050522.7411.146.5353.526.59-1.44--
Atlassian Corp2.80bn-614.12m32.31bn8.81k--96.05--11.53-2.43-2.4311.061.320.8889--11.64318,039.50-19.48-16.24-51.12-43.0283.3883.11-21.91-27.51---4.520.7966--34.1634.9311.80--35.97--
Crowdstrike Holdings Inc1.83bn-173.24m32.54bn6.25k--26.56--17.74-0.7521-0.75217.965.250.5032--5.35369,395.40-4.69-11.17-7.63-18.1873.7471.78-9.32-23.37---6.480.3732--66.0094.06-153.49--60.26--
Electronic Arts Inc7.29bn901.00m35.43bn12.90k40.084.5625.384.863.203.2025.8128.150.5583--7.47564,728.706.9013.218.6017.6975.1774.1312.3724.64--55.440.19424.1824.207.61-5.73-3.998.86--
Workday Inc5.67bn-196.17m37.18bn16.92k--7.22232.656.55-0.7808-0.780821.2520.110.5074--5.74373,280.20-1.75-4.51-2.97-8.2672.2371.43-3.46-8.22---5.940.4457--19.0126.69110.40--14.27--
Fortinet Inc4.10bn742.50m40.69bn12.09k57.17--46.689.930.91090.91095.02-0.81360.72495.165.23401,961.8013.6110.9424.4218.6675.2176.3518.7716.600.995394.492.700.0028.8221.2524.2279.9234.52--
Autodesk Inc4.90bn619.10m42.17bn12.60k68.9046.5455.038.612.842.8422.394.200.5707--8.02388,777.807.215.7712.2911.1590.4289.6112.6410.41--11.820.74380.0015.7216.65-58.86---2.64--
Cadence Design Systems Inc3.43bn785.14m45.25bn9.30k58.0616.7149.2513.172.842.8412.439.870.74823.228.98369,341.6017.1017.6722.3823.0489.8788.6322.8622.561.2458.460.22760.0011.3810.4717.8327.934.48--
VMware, Inc.13.17bn1.41bn49.88bn37.50k35.4261.9120.253.793.323.3231.041.900.4125--7.25351,093.304.41--6.45--81.53--10.68----7.180.9299--9.2112.69-11.568.2820.33--
Synopsys, Inc.4.95bn1.03bn50.33bn16.36k49.978.9940.2610.176.596.5931.5736.630.55574.415.54302,528.5011.547.9915.9611.3279.4877.7820.7715.411.05--0.0039--14.0811.6614.0223.2124.48--
Palo Alto Networks Inc5.82bn-143.40m51.82bn13.51k--101.99367.798.91-0.4939-0.493918.951.680.5065--5.68463,139.90-1.25-3.12-3.76-5.3869.0670.30-2.46-6.75----0.8787--29.2625.6746.48--3.36--
Activision Blizzard Inc7.36bn1.67bn58.48bn9.80k35.103.1129.407.952.132.139.3524.030.2967--11.84750,714.306.758.757.3910.2671.1369.1522.7523.26--40.570.16116.448.875.9022.8522.92-10.0712.57
Data as of Nov 29 2022. Currency figures normalised to Cadence Design Systems Inc's reporting currency: US Dollar USD

Institutional shareholders

40.34%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Sep 202230.85m11.25%
BlackRock Fund Advisorsas of 30 Sep 202215.58m5.68%
Massachusetts Financial Services Co.as of 30 Sep 202215.46m5.64%
SSgA Funds Management, Inc.as of 30 Sep 202211.22m4.09%
Fidelity Management & Research Co. LLCas of 30 Sep 20228.95m3.26%
MFS International (UK) Ltd.as of 30 Sep 20226.86m2.50%
Geode Capital Management LLCas of 30 Sep 20226.29m2.29%
BlackRock Investment Management (UK) Ltd.as of 30 Sep 20225.64m2.06%
T. Rowe Price Associates, Inc. (Investment Management)as of 30 Sep 20225.42m1.98%
BlackRock Advisors LLCas of 30 Sep 20224.38m1.60%
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Data from 30 Sep 2022 - 31 Oct 2022Source: FactSet Research Systems Inc.
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