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Cadence Design Systems, Inc.

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Ten Silica, a digital signal processor. In addition, the company’s design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Market Cap

$94.0B

Volume

2.0M

Cash and Equivalents

$1.4B

EBITDA

$2.0B

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$4.8B

Profit Margin

86.08%

52 Week High

$376.44

52 Week Low

$262.75

Dividend

N/A

Price / Book Value

14.33

Price / Earnings

79.47

Price / Tangible Book Value

-312.02

Enterprise Value

$95.6B

Enterprise Value / EBITDA

45.84

Operating Income

$1.8B

Return on Equity

20.66%

Return on Assets

10.39

Cash and Short Term Investments

$1.5B

Debt

$3.1B

Equity

$6.6B

Revenue

$5.5B

Unlevered FCF

$1.6B

Sector

Software

Category

N/A

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