Cadence Design Systems is a leading provider of electronic design automation software used by engineers to design semiconductor chips. EDA solutions are indispensable to major semiconductor design firms and a growing number of electronic systems companies that design products that use semiconductors, such as modern automobiles. The semiconductor industry does not function without companies like Cadence in the background.
With limited competition and products that are essential to the semiconductor industry, which generates more than $500 billion in annual revenue, Cadence’s moat is wide and durable.
The market is already giving Cadence full credit for the upcoming growth cycle. Any hiccups along the way will lead to declines in valuation.
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Metric
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CDNS
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SIE
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SNPS
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|---|---|---|---|
Price/Earnings (Normalized) | 43.90 | 26.70 | 35.22 |
Price/Book Value | 14.08 | 3.13 | 3.01 |
Price/Sales | 16.47 | 2.67 | 9.95 |
Price/Cash Flow | 42.77 | 18.19 | 31.42 |
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Metric
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CDNS
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SIE
|
SNPS
|
|---|---|---|---|
Quick Ratio | 1.36 | 1.14 | 0.99 |
Current Ratio | 1.74 | 1.44 | 1.34 |
Interest Coverage | 14.95 | 6.49 | 2.97 |
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Metric
|
CDNS
|
SIE
|
SNPS
|
|---|---|---|---|
Return on Assets (Normalized) | 15.78% | 5.28% | 5.58% |
Return on Equity (Normalized) | 28.98% | 13.71% | 8.97% |
Return on Invested Capital (Normalized) | 20.31% | 6.47% | 7.42% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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United States