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CDNS/History

Cadence Design Systems (CDNS) vs peers

Information Technology

$316.46

Latest weekly close · Market cap $87.4B

CDNS's EV/EBITDA is 41.1x, compared with 21.4x at the middle of 8 peers.

Peer group: Application Software. Updated .

CDNS and Application Software, ranked by EV/EBITDA
StockEV/EBITDAOwn 5-year percentile
CDNSCadence Design Systems41.1×14
WDAYWorkday, Inc.36.5×12
SNPSSynopsys33.6×3
TYLTyler Technologies32.9×15
ADSKAutodesk23.7×6
PTCPTC Inc.19.2×15
FICOFair Isaac19.2×2
APPAppLovin16.5×14
INTUIntuit15.5×8
Peer median21.4×
How to read this comparison

Up to eight covered companies in the same industry, largest market value first.

EV/EBITDA divides enterprise value (market value plus debt, minus cash) by EBITDA over the last twelve months. The peer median leaves out CDNS and stocks without a reading.

Each percentile compares a stock with its own weekly readings over the last five years, so 20 means its EV/EBITDA is above 20% of its own past readings. It needs at least 26 weeks of history. It is not a rank against the other stocks in this table.

Different growth rates, margins and financial risks can explain different multiples. Stocks without positive EBITDA have no reading.

CDNS versus the peer median

+91%

CDNS
41.1×
Peer median
21.4×
Own 5-year median
50.3×
CDNS EV/EBITDA historyCalculate CDNS's implied price

Source: SEC company filings and weekly market prices. Multiples use the last twelve months of financial results. Updated .

How the valuation data is built