Cadence Design Systems Stock Price To Sales

CDNS Stock

USD 304.68 5.42 1.75%

Cadence Design Systems fundamentals help investors to digest information that contributes to Cadence Design's financial success or failures. It also enables traders to predict the movement of Cadence Stock. The fundamental analysis module provides a way to measure Cadence Design's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cadence Design stock.

		Last Reported	Projected for Next Year
	Price To Sales Ratio	17.94	18.84

Price To Sales Ratio is likely to gain to 18.84 in 2024.

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Cadence Design Systems Company Price To Sales Analysis

Cadence Design's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Cadence Design Price To Sales

19.53 X

Most of Cadence Design's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cadence Design Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cadence Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Cadence Design is extremely important. It helps to project a fair market value of Cadence Stock properly, considering its historical fundamentals such as Price To Sales. Since Cadence Design's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cadence Design's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cadence Design's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Current Deferred Revenue	Short Term Investments	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock
Total Assets		0.97	-0.41	0.89	0.86	0.91	0.9	0.3	0.47	0.67	0.95	0.96	0.34	0.41	-0.87	0.2	0.73	0.55	0.39	0.48	-0.08	0.87	0.75	0.48	0.86
Total Stockholder Equity	0.97		-0.5	0.94	0.84	0.78	0.82	0.18	0.4	0.54	0.89	0.92	0.32	0.34	-0.89	0.28	0.76	0.61	0.35	0.54	-0.1	0.9	0.84	0.58	0.86
Net Debt	-0.41	-0.5		-0.3	-0.27	-0.18	-0.5	0.03	0.35	-0.01	-0.31	-0.33	-0.05	0.24	0.24	-0.13	-0.11	-0.53	0.44	-0.37	0.01	-0.4	-0.5	-0.81	-0.24
Retained Earnings	0.89	0.94	-0.3		0.85	0.69	0.65	0.08	0.47	0.37	0.78	0.89	0.21	0.38	-0.96	0.5	0.86	0.4	0.5	0.66	-0.14	0.94	0.84	0.51	0.93
Net Receivables	0.86	0.84	-0.27	0.85		0.77	0.68	0.18	0.42	0.43	0.86	0.93	0.07	0.39	-0.88	0.32	0.67	0.32	0.27	0.55	-0.15	0.83	0.79	0.37	0.82
Total Liab	0.91	0.78	-0.18	0.69	0.77		0.91	0.49	0.52	0.81	0.92	0.9	0.34	0.47	-0.72	0.02	0.57	0.36	0.41	0.31	-0.04	0.69	0.5	0.22	0.73
Total Current Assets	0.9	0.82	-0.5	0.65	0.68	0.91		0.56	0.39	0.72	0.88	0.83	0.48	0.2	-0.61	-0.02	0.47	0.48	0.16	0.3	0.12	0.67	0.53	0.4	0.68
Short Term Debt	0.3	0.18	0.03	0.08	0.18	0.49	0.56		0.56	0.37	0.35	0.27	0.75	-0.39	0.02	-0.29	-0.08	-0.22	-0.03	-0.12	0.68	0.11	-0.12	-0.24	0.25
Accounts Payable	0.47	0.4	0.35	0.47	0.42	0.52	0.39	0.56		0.54	0.47	0.5	0.69	0.06	-0.4	0.14	0.54	-0.16	0.55	0.03	0.51	0.45	0.09	-0.38	0.65
Intangible Assets	0.67	0.54	-0.01	0.37	0.43	0.81	0.72	0.37	0.54		0.74	0.62	0.44	0.5	-0.4	-0.28	0.41	0.45	0.42	-0.12	0.02	0.36	0.16	-0.05	0.44
Common Stock	0.95	0.89	-0.31	0.78	0.86	0.92	0.88	0.35	0.47	0.74		0.94	0.34	0.45	-0.79	-0.02	0.59	0.53	0.35	0.31	-0.11	0.75	0.66	0.36	0.76
Current Deferred Revenue	0.96	0.92	-0.33	0.89	0.93	0.9	0.83	0.27	0.5	0.62	0.94		0.23	0.43	-0.92	0.28	0.74	0.39	0.41	0.52	-0.13	0.88	0.74	0.42	0.89
Short Term Investments	0.34	0.32	-0.05	0.21	0.07	0.34	0.48	0.75	0.69	0.44	0.34	0.23		-0.35	-0.01	-0.27	0.1	0.04	0.1	-0.24	0.79	0.17	-0.09	-0.15	0.32
Long Term Debt	0.41	0.34	0.24	0.38	0.39	0.47	0.2	-0.39	0.06	0.5	0.45	0.43	-0.35		-0.53	0.01	0.45	0.37	0.61	0.13	-0.68	0.28	0.28	0.09	0.26
Treasury Stock	-0.87	-0.89	0.24	-0.96	-0.88	-0.72	-0.61	0.02	-0.4	-0.4	-0.79	-0.92	-0.01	-0.53		-0.53	-0.88	-0.38	-0.56	-0.68	0.34	-0.93	-0.84	-0.47	-0.9
Property Plant Equipment	0.2	0.28	-0.13	0.5	0.32	0.02	-0.02	-0.29	0.14	-0.28	-0.02	0.28	-0.27	0.01	-0.53		0.67	-0.17	0.33	0.78	-0.15	0.62	0.45	0.26	0.56
Good Will	0.73	0.76	-0.11	0.86	0.67	0.57	0.47	-0.08	0.54	0.41	0.59	0.74	0.1	0.45	-0.88	0.67		0.32	0.71	0.65	-0.21	0.89	0.7	0.26	0.9
Net Tangible Assets	0.55	0.61	-0.53	0.4	0.32	0.36	0.48	-0.22	-0.16	0.45	0.53	0.39	0.04	0.37	-0.38	-0.17	0.32		0.06	0.04	-0.4	0.36	0.6	0.47	0.22
Long Term Debt Total	0.39	0.35	0.44	0.5	0.27	0.41	0.16	-0.03	0.55	0.42	0.35	0.41	0.1	0.61	-0.56	0.33	0.71	0.06		0.29	-0.28	0.48	0.19	-0.13	0.56
Deferred Long Term Liab	0.48	0.54	-0.37	0.66	0.55	0.31	0.3	-0.12	0.03	-0.12	0.31	0.52	-0.24	0.13	-0.68	0.78	0.65	0.04	0.29		-0.25	0.77	0.62	0.65	0.68
Short Long Term Debt	-0.08	-0.1	0.01	-0.14	-0.15	-0.04	0.12	0.68	0.51	0.02	-0.11	-0.13	0.79	-0.68	0.34	-0.15	-0.21	-0.4	-0.28	-0.25		-0.11	-0.38	-0.29	0.04
Net Invested Capital	0.87	0.9	-0.4	0.94	0.83	0.69	0.67	0.11	0.45	0.36	0.75	0.88	0.17	0.28	-0.93	0.62	0.89	0.36	0.48	0.77	-0.11		0.81	0.52	0.97
Long Term Investments	0.75	0.84	-0.5	0.84	0.79	0.5	0.53	-0.12	0.09	0.16	0.66	0.74	-0.09	0.28	-0.84	0.45	0.7	0.6	0.19	0.62	-0.38	0.81		0.58	0.7
Net Working Capital	0.48	0.58	-0.81	0.51	0.37	0.22	0.4	-0.24	-0.38	-0.05	0.36	0.42	-0.15	0.09	-0.47	0.26	0.26	0.47	-0.13	0.65	-0.29	0.52	0.58		0.35
Capital Stock	0.86	0.86	-0.24	0.93	0.82	0.73	0.68	0.25	0.65	0.44	0.76	0.89	0.32	0.26	-0.9	0.56	0.9	0.22	0.56	0.68	0.04	0.97	0.7	0.35

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Cadence Price To Sales Historical Pattern

Today, most investors in Cadence Design Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cadence Design's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Cadence Design price to sales as a starting point in their analysis.

Cadence Design Price To Sales

Timeline

The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Competition

Predict Cadence Design

Price To Sales Ratio Over Time

Cadence Price To Sales Ratio

Price To Sales Ratio

18.84

At this time, Cadence Design's Price To Sales Ratio is comparatively stable compared to the past year.

Based on the latest financial disclosure, Cadence Design Systems has a Price To Sales of 19.5339 times. This is 309.52% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The price to sales for all United States stocks is 71.05% lower than that of the firm.

Cadence Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cadence Design's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cadence Design could also be used in its relative valuation, which is a method of valuing Cadence Design by comparing valuation metrics of similar companies.

Cadence Design is currently under evaluation in price to sales category among its peers.

Cadence Design ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cadence Design's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cadence Design's managers, analysts, and investors.

Environmental

Governance

Social

Cadence Fundamentals

	Return On Equity	0.27
	Return On Asset	0.11
	Profit Margin	0.24 %
	Operating Margin	0.31 %
	Current Valuation	85.72 B
	Shares Outstanding	274.26 M
	Shares Owned By Insiders	0.81 %
	Shares Owned By Institutions	90.96 %
	Number Of Shares Shorted	3.92 M
	Price To Earning	58.71 X
	Price To Book	18.78 X
	Price To Sales	19.53 X
	Revenue	4.09 B
	Gross Profit	3.19 B
	EBITDA	1.42 B
	Net Income	1.04 B
	Cash And Equivalents	1.03 B
	Cash Per Share	3.74 X
	Total Debt	806.03 M
	Debt To Equity	0.29 %
	Current Ratio	1.33 X
	Book Value Per Share	16.64 X
	Cash Flow From Operations	1.35 B
	Short Ratio	1.78 X
	Earnings Per Share	3.81 X
	Price To Earnings To Growth	3.10 X
	Target Price	312.12
	Number Of Employees	12.7 K
	Beta	1.02
	Market Capitalization	85.05 B
	Total Asset	5.67 B
	Retained Earnings	4.94 B
	Working Capital	385.35 M
	Current Asset	964.24 M
	Current Liabilities	536.31 M
	Net Asset	5.67 B

About Cadence Design Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cadence Design Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cadence Design using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cadence Design Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Cadence Stock Analysis

When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.

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