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Cadence Design Systems Inc

$376.19
Market Cap 102.57B
ROE 21.1%
Gross Margin 85.4%
Debt/Equity 0.4
Current Ratio 1.5
Revenue QoQ 18.7%
EPS QoQ 0.2%
F-Score 4

About

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For nine years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For.

Exchange
NASDAQ
Sector
Technology
Industry
Software - Application

Sector context

Technology

Overvalued

Trading at a discount to sector peers

P/E
95.86
vs median 20.48
P/B
17.11
vs median 1.96
ROE
0.21
vs median 0.11

Lower quality - review fundamentals carefully

Large-cap company with established market presence

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