Company context

Cadence Design Systems, Inc.

NASDAQ:CDNS

Packaged Software · benchmarked against Packaged Software inside the IGV constituent company universe.

Active tabPeers

Current readMixed

Last close337.92

1M return-10.07%

OverviewVerdict, thesis map, and valuation setup.FundamentalsDrivers, trajectory, and business quality.Financial reportsStatement tables, sorting, filtering, and acceleration.Ex-ante forecastTarget price, dividend yield, and total return by horizon.FactorsCompany factor exposure, rank, and universe context.Market viewMomentum, catalysts, charts, and symbol packet.AttributionLarge-move causes, residuals, and research backlog.OwnershipSEC 13F holder flow, crowding, and manager changes.PeersPeer heatmap and closest comparables.

Tab scope

Relative comparables

Peers

Source and lookbackPeer fundamentals and stored return summaries5101 stored daily bars; peer return rows use each peer's stored price summary where available.

Sample and caveat12 closest comparables from industry, sector, and market peer pools.Use this tab for its stated job; heavier model packets stay on their own tabs.

Peer return matrix

Cumulative returns across peer horizons

Stored daily closes, when available

NASDAQ:CDNS 1W -7.33%, 1M -10.07%, 3M -0.06%, 6M +10.64%, 1Y -1.43%, 3Y +44.69%; NASDAQ:SNPS 1W -9.74%, 1M -14.89%, 3M -23.79%, 6M -12.66%, 1Y -36.42%, 3Y -15.16%; NASDAQ:EA 1W +0.50%, 1M +1.78%, 3M +3.55%, 6M +3.54%, 1Y +21.83%, 3Y +73.31%; NYSE:NOW 1W -8.15%, 1M -11.49%, 3M -6.19%, 6M -16.10%, 1Y -47.59%, 3Y -15.95%; NASDAQ:INTU 1W -3.02%, 1M +5.05%, 3M -28.48%, 6M -35.05%, 1Y -56.82%, 3Y -44.90%; NASDAQ:CRWD 1W -7.96%, 1M -5.94%, 3M -69.60%, 6M -54.00%, 1Y -54.65%, 3Y +30.21%; NASDAQ:ADSK 1W -6.67%, 1M -2.39%, 3M -17.03%, 6M -21.44%, 1Y -36.52%, 3Y -6.68%; NASDAQ:ROP 1W -7.67%, 1M -7.68%, 3M +2.24%, 6M -6.91%, 1Y -35.20%, 3Y -32.15%; NYSE:CRM 1W -5.68%, 1M -1.68%, 3M -9.22%, 6M -15.65%, 1Y -35.59%, 3Y -23.07%; NASDAQ:PTC 1W -11.71%, 1M -10.03%, 3M -22.55%, 6M -31.00%, 1Y -47.12%, 3Y -22.71%; NASDAQ:TRMB 1W -7.29%, 1M -5.03%, 3M -8.67%, 6M -28.73%, 1Y -36.58%, 3Y -6.44%

Company1W1M

3M

6M

1Y

3Y

NASDAQ:CDNS-7.33%-10.07%-0.06%+10.64%-1.43%+44.69%

NASDAQ:SNPS-9.74%-14.89%-23.79%-12.66%-36.42%-15.16%

NASDAQ:EA+0.50%+1.78%+3.55%+3.54%+21.83%+73.31%

NYSE:NOW-8.15%-11.49%-6.19%-16.10%-47.59%-15.95%

NASDAQ:INTU-3.02%+5.05%-28.48%-35.05%-56.82%-44.90%

NASDAQ:CRWD-7.96%-5.94%-69.60%-54.00%-54.65%+30.21%

NASDAQ:ADSK-6.67%-2.39%-17.03%-21.44%-36.52%-6.68%

NASDAQ:ROP-7.67%-7.68%+2.24%-6.91%-35.20%-32.15%

NYSE:CRM-5.68%-1.68%-9.22%-15.65%-35.59%-23.07%

NASDAQ:PTC-11.71%-10.03%-22.55%-31.00%-47.12%-22.71%

NASDAQ:TRMB-7.29%-5.03%-8.67%-28.73%-36.58%-6.44%

Peer scorecard analytics

Different ways to compare this peer set

11 companies including target

Return leadership

NASDAQ:EA+21.83% 1Y · +73.31% 3Y

NASDAQ:CDNS-1.43% 1Y · +44.69% 3Y

NASDAQ:ROP-35.20% 1Y · -32.15% 3Y

NYSE:CRM-35.59% 1Y · -23.07% 3Y

Risk and quality spread

NASDAQ:ADSKGM +85.68% · ROE +50.40%

NASDAQ:PTCGM +83.14% · ROE +34.59%

NASDAQ:CDNSGM +85.15% · ROE +20.66%

NASDAQ:INTUGM +77.64% · ROE +22.50%

Valuation screen

NASDAQ:PTCP/E 11.52 · FCF yield +6.65%

NASDAQ:INTUP/E 17.56 · FCF yield +9.73%

NYSE:CRMP/E 19.69 · FCF yield +10.53%

NASDAQ:ROPP/E 21.91 · FCF yield +7.21%

Valuation versus growth

P/E against 1Y return

NASDAQ:CDNS P/E 80.46 1Y -1.43%, NASDAQ:SNPS P/E 90.01 1Y -36.42%, NASDAQ:EA P/E 59.76 1Y +21.83%, NYSE:NOW P/E 60.71 1Y -47.59%, NASDAQ:INTU P/E 17.56 1Y -56.82%, NASDAQ:CRWD P/E n/a 1Y -54.65%, NASDAQ:ADSK P/E 30.85 1Y -36.52%, NASDAQ:ROP P/E 21.91 1Y -35.20%, NYSE:CRM P/E 19.69 1Y -35.59%, NASDAQ:PTC P/E 11.52 1Y -47.12%, NASDAQ:TRMB P/E 27.20 1Y -36.58%

Peer heatmap

Where this company wins and lags

12 stored peers

CompanyP/E TTMPrice / SalesFCF yieldGross marginReturn on equityDebt / Equity

NASDAQ:CDNSCadence Design Systems, Inc.

80.4629th pctile16.3425th pctile+1.50%33rd pctile+85.15%88th pctile+20.66%62nd pctile0.4742nd pctile

NASDAQ:SNPSSynopsys, Inc.

90.010th pctile8.3829th pctile+3.54%29th pctile+64.88%0th pctile+3.83%14th pctile0.3643rd pctile

NASDAQ:EAElectronic Arts Inc.

59.7650th pctile7.0257th pctile+4.43%57th pctile+78.33%71st pctile+13.49%43rd pctile0.2771st pctile

NYSE:NOWServiceNow, Inc.

60.7133rd pctile7.8043rd pctile+4.40%43rd pctile+76.56%43rd pctile+16.07%57th pctile0.2186th pctile

NASDAQ:INTUIntuit Inc.

17.56100th pctile3.88100th pctile+9.73%100th pctile+77.64%57th pctile+22.50%86th pctile0.3357th pctile

NASDAQ:CRWDCrowdStrike Holdings, Inc.

n/an/a40.190th pctile+0.74%0th pctile+74.89%29th pctile-1.12%0th pctile0.18100th pctile

NASDAQ:ADSKAutodesk, Inc.

30.8567th pctile6.1471st pctile+6.13%71st pctile+85.68%100th pctile+50.40%100th pctile0.850th pctile

NASDAQ:ROPRoper Technologies, Inc.

21.9183rd pctile4.6886th pctile+7.21%86th pctile+69.40%14th pctile+9.01%29th pctile0.5614th pctile

Color ranks each metric in the favorable direction, so lower leverage and cheaper multiples can still score green.