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Cadence Design Systems, Inc. (CDS.DE)

Frankfurt Stock Exchange (XETRA) Technology Software - ApplicationView data quality →
54.8Fair

ValueMarkers Composite Index

Top 52%#21,493 of 44,722
Overvalued

104% above intrinsic value ($112)

UndervaluedFair ValueOvervalued
Piotroski
5/9
Neutral
Beneish
-2.28
Low Risk
Altman
10.35
Safe
DCF Value
$112
Overvalued
ROIC
14.1%
Adequate
P/E
70.4
Growth
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Cadence Design Systems, Inc. (CDS.DE) — VMCI valuation read

Composite valuation read on CDS.DE: VMCI 55/100 against a Technology sector median of 50. The 5-point above-median print is the headline number for Cadence Design Systems, Inc., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for CDS.DE: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on CDS.DE: CDS.DE trades at 23.0x earnings, 28% above the Technology median of 18.0x; ROIC of 13.0% sits 3.0pp above the Technology median (10.0%); net debt to EBITDA of 3.3x is the binding constraint on the bear case. EV/EBITDA at 14.0x versus 12.0x for Technology closes the value frame.

CDS.DE rose 0.1% over the trailing 7 days, with a +1.7% read on a 30-day basis.

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

CEO: Anirudh Devgan11,200 employeesUSwww.cadence.com

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