CDNS (CDNS) Stock

About CDNS

CDNS is led by CEO Anirudh Devgan, employs 12,837 people, headquartered in San Jose, US, publicly traded since 1987.

CDNS stock trades at $313.04 with a market capitalization of $86.21B. The stock is valued at a price-to-earnings (P/E) ratio of 66.14, price-to-book of 13.32, price-to-sales of 15.79. Over the past 52 weeks the stock has ranged between $262.75 and $416.69, and currently trades 24.9% below its 52-week high.

On profitability, CDNS generates a return on equity (ROE) of 22.88% — well above the market average, a sign of a high-quality business, return on capital employed of 17.59%, an operating margin of 31.11%, a net profit margin of 23.61%.

In its most recent fiscal year, CDNS reported annual revenue of $5.3B, net profit of $1.1B, revenue has compounded at 14.6% a year over the last five years, profit at 13.4% a year.

The balance sheet shows a debt-to-equity ratio of 0.36 — a conservative balance sheet with little leverage risk, a current ratio of 2.86, total assets of $10.2B, $3.0B in cash and equivalents.

CDNS has a beta of 1.14.