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Cadence Design Systems, Inc. (CDNS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS1273871087
CUSIP127387108
SectorTechnology
IndustrySoftware—Application

Highlights

Market Cap$84.86B
EPS$3.83
PE Ratio81.27
PEG Ratio2.90
Revenue (TTM)$4.09B
Gross Profit (TTM)$3.19B
EBITDA (TTM)$1.42B
Year Range$194.01 - $327.36
Target Price$322.34
Short %1.09%
Short Ratio1.81

Share Price Chart


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Cadence Design Systems, Inc.

Popular comparisons: CDNS vs. STM, CDNS vs. ORCL, CDNS vs. LSCC, CDNS vs. AYX, CDNS vs. IFX.DE, CDNS vs. ANSS, CDNS vs. APH, CDNS vs. AVGO, CDNS vs. MCHP, CDNS vs. AAPL

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Cadence Design Systems, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5,000.00%10,000.00%15,000.00%NovemberDecember2024FebruaryMarchApril
15,438.04%
1,584.58%
CDNS (Cadence Design Systems, Inc.)
Benchmark (^GSPC)

S&P 500

Returns By Period

Cadence Design Systems, Inc. had a return of 4.97% year-to-date (YTD) and 33.80% in the last 12 months. Over the past 10 years, Cadence Design Systems, Inc. had an annualized return of 34.49%, outperforming the S&P 500 benchmark which had an annualized return of 10.37%.


PeriodReturnBenchmark
Year-To-Date4.97%5.06%
1 month-8.32%-3.23%
6 months16.67%17.14%
1 year33.80%20.62%
5 years (annualized)35.23%11.54%
10 years (annualized)34.49%10.37%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20245.91%5.52%2.27%
2023-2.55%2.37%13.93%-0.33%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of CDNS is 86, placing it in the top 14% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of CDNS is 8686
Cadence Design Systems, Inc.(CDNS)
The Sharpe Ratio Rank of CDNS is 8484Sharpe Ratio Rank
The Sortino Ratio Rank of CDNS is 8282Sortino Ratio Rank
The Omega Ratio Rank of CDNS is 7878Omega Ratio Rank
The Calmar Ratio Rank of CDNS is 9696Calmar Ratio Rank
The Martin Ratio Rank of CDNS is 9090Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


CDNS
Sharpe ratio
The chart of Sharpe ratio for CDNS, currently valued at 1.19, compared to the broader market-2.00-1.000.001.002.003.001.19
Sortino ratio
The chart of Sortino ratio for CDNS, currently valued at 1.91, compared to the broader market-4.00-2.000.002.004.001.91
Omega ratio
The chart of Omega ratio for CDNS, currently valued at 1.22, compared to the broader market0.501.001.501.22
Calmar ratio
The chart of Calmar ratio for CDNS, currently valued at 2.95, compared to the broader market0.001.002.003.004.005.002.95
Martin ratio
The chart of Martin ratio for CDNS, currently valued at 8.27, compared to the broader market0.0010.0020.0030.008.27
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.76, compared to the broader market-2.00-1.000.001.002.003.001.76
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.57, compared to the broader market-4.00-2.000.002.004.002.57
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market0.501.001.501.31
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.001.002.003.004.005.001.33
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.04, compared to the broader market0.0010.0020.0030.007.04

Sharpe Ratio

The current Cadence Design Systems, Inc. Sharpe ratio is 1.19. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.19
1.76
CDNS (Cadence Design Systems, Inc.)
Benchmark (^GSPC)

Dividends

Dividend History


Cadence Design Systems, Inc. doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-11.43%
-4.63%
CDNS (Cadence Design Systems, Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Cadence Design Systems, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Cadence Design Systems, Inc. was 93.13%, occurring on Dec 15, 2008. Recovery took 2192 trading sessions.

The current Cadence Design Systems, Inc. drawdown is 11.43%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-93.13%Apr 22, 19982681Dec 15, 20082192Aug 30, 20174873
-75.4%Mar 8, 1991534Apr 16, 1993550Jun 20, 19951084
-66.38%Oct 8, 198741Dec 7, 1987256Dec 12, 1988297
-51.04%May 24, 199098Oct 11, 199081Feb 6, 1991179
-47.44%Jun 13, 199628Jul 23, 1996119Jan 10, 1997147

Volatility

Volatility Chart

The current Cadence Design Systems, Inc. volatility is 6.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2024FebruaryMarchApril
6.66%
3.27%
CDNS (Cadence Design Systems, Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Cadence Design Systems, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

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Income Statement


Income Statement
Balance Sheet
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Annual
Quarterly

TTM
Revenue

Total Revenue

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Cost Of Revenue

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Gross Profit

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Operating Expenses

Selling, General & Admin Expenses

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R&D Expenses

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Total Operating Expenses

0.00
Income

Income Before Tax

0.00

Operating Income

0.00

EBIT

0.00

Earnings From Continuing Operations

0.00

Net Income

0.00

Income Tax Expense

0.00

Interest Expense

0.00

Other Non-Operating Income (Expenses)

0.00

Extraordinary Items

0.00

Discontinued Operations

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Effect Of Accounting Charges

0.00

Non Recurring

0.00

Minority Interest

0.00

Other Items

0.00
Values in undefined except per share items