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Cadence CDNS · NASDAQ

$309.65 -5.04% (-$16.42)

Market cap
$85.3B
Enterprise value
$86.3B
P/E
61.9x
Forward P/E
37.9x
PEG
15.2x
P/S
14.6x
P/FCF
50.8x
EV/EBITDA
39.5x
ROIC
13.3%
Gross margin
88.5%
Net margin
23.6%
Dividend yield
-
Payout ratio
-
Net debt/EBITDA
0.5x
Beta
1.13
Free float
99.6%

About the company

Cadence Design Systems, Inc. (CDNS) is an American company specializing in software development for integrated circuit (IC) and electronic system design. The company offers a wide range of software tools and services that enable electronic engineers to design, simulate, verify, and optimize complex electronic devices. Cadence is a respected leader in the electronic design industry and provides its services to customers worldwide, including chip manufacturers, electronic device manufacturers, and technology companies. The company emphasizes innovation and the development of advanced technologies that enable higher levels of performance and reliability for electronic products. Cadence Design Systems has a long history of collaboration with the industry and is considered a reliable partner for electronic engineers. Investing in shares of Cadence Design Systems, Inc. (CDNS) could represent an intriguing investment opportunity for those who believe in the growing demand for sophisticated software solutions for electronic design.

Sector

Technology

Industry

Software - Application

CEO

Anirudh Devgan

Employees

13,800

Headquarters

San Jose

Valuation

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Analysts

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