CADENCE DESIGN SYSTEMS INC (CDNS)
Services-Prepackaged Software
Latest Price
$340.02
TTM P/E
79.26
Normalized P/E
93.07
Div Yield
--
Book Value
24.12
P/B Ratio
14.10
Valuation metrics
adjust assumptions →EPS: $4.06
Book value / share: $20.14
Formula: √(22.5 × EPS × BVPS)
Graham Number
$42.89
87% downside
Norm. op. income: $1.1B (median of 7yr)
Tax rate: 19%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$43.69
87% downside
Base FCF: $1.1B (median of recent 5yr)
Growth: 18%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$189.86
44% downside
EPS: $4.06
Target P/E: 93×
Formula: EPS × P/E
P/E Fair Value
$377.58
+11% upside
Institutional Ownership
80.3% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 25.45M | $7.07B | 9.36% | -694.2K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 17.81M | $4.95B | 6.55% | -- | 2026-03-31 |
| STATE STREET CORP | 12.49M | $3.47B | 4.59% | -111.3K | 2026-03-31 |
| FMR LLC | 9.15M | $2.54B | 3.36% | -730.6K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 7.88M | $2.19B | 2.89% | +248.2K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.03M | $1.95B | 2.58% | -- | 2026-03-31 |
| JENNISON ASSOCIATES LLC | 5.76M | $1.60B | 2.12% | -1.95M | 2026-03-31 |
| ALLIANCEBERNSTEIN L.P. | 5.01M | $1.56B | 1.84% | +1.05M | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 4.90M | $1.36B | 1.80% | +2.35M | 2026-03-31 |
| GOLDMAN SACHS GROUP INC | 4.03M | $1.12B | 1.48% | +1.42M | 2026-03-31 |