Cadence Design Systems Inc. (CDNS)

The total asset value of Cadence Design Systems Inc (CDNS) stood at $ 8,759 Mln as on 30-Jun-24

The share price of Cadence Design Systems Inc (CDNS) is $282.39 (NASDAQ) as of 11-Oct-2024 16:17 EDT. Cadence Design Systems Inc (CDNS) has given a return of 23.44% in the last 3 years.

Cadence Design Systems Inc (CDNS) has a market capitalisation of $ 77,324 Mln as on 11-Oct-2024. As per Value Research classification, it is a Large Cap company.

The P/B ratio of Cadence Design Systems Inc (CDNS) is 18.15 times as on 11-Oct-2024, a 123% premium to its peers’ median range of 8.13 times.

The P/E ratio of Cadence Design Systems Inc (CDNS) is 72.97 times as on 11-Oct-2024, a 80% discount to its peers’ median range of 357.48 times.

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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 synthesis and Joules RTL power solutions, as well as Modus DFT 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 Innovus implementation system, a physical implementation system. 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 with 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 consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

The CEO & director of Dr. Anirudh Devgan Ph.D.. is Cadence Design Systems Inc (CDNS), and CFO & Sr. VP is Dr. Anirudh Devgan Ph.D..

There is no promoter pledging in Cadence Design Systems Inc (CDNS).

Some of the close peers are:

Yes, TTM profit after tax of Cadence Design Systems Inc (CDNS) was $254 Mln.