CDNS (CDNS)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$94.82B
EV / Sales16.24
EV / EBITDA43.93
EV / Operating Cash Flow51.12
EV / Free Cash Flow56.49

Return Metrics (TTM)

Return on Equity (ROE)22.88%
Return on Assets (ROA)11.41%
Return on Invested Capital (ROIC)13.29%
Return on Capital Employed (ROCE)17.59%

Yield Metrics

Earnings Yield1.48%
Free Cash Flow Yield1.79%

Balance Sheet Strength

Net Debt / EBITDA0.48
Current Ratio1.74
Working Capital$1.37B
Tangible Asset Value$68.72M
Net Current Asset Value-$2.00B

Working Capital Efficiency

Days Sales Outstanding66.59
Days Payables Outstanding447.76
Operating Cycle (Days)278.79
Cash Conversion Cycle-168.97

Capital Allocation

CapEx / Revenue3.02%
CapEx / Operating Cash Flow9.50%
R&D / Revenue33.02%
SG&A / Revenue20.73%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin86.36%
Operating Margin31.15%
Net Profit Margin20.94%

Solvency

Debt / Equity0.45
Quick Ratio2.67
Cash Ratio1.84

Per Share

Revenue / Share$19.52
FCF / Share$5.85
PE Ratio76.43