Is the price fair?
What CDNS's price assumes
Cadence Design Systems trades at 78.0× earnings against 32.3× for the median Software - Application name, more expensive than its own group.
78.0
Trailing P/E · Software - Application median 32.3 · 2.41× the median: the market pays up for this one
- Price / sales
- 13.8
Price / sales · as of 2026-Q1
- Free cash flow yield
- 1.3%
Free cash flow yield · Software - Application median 6.7%
- Growth the price implies
- +23%
Growth the price implies · The price pays for +23% free cash flow growth a year for a decade; the business has delivered +11% a year over the last three.
Details›
- Price / book2026-Q1
- 11.6
- Technology median P/E376 names
- 37.0
- Software - Application median P/E93 names
- 32.3
- Free cash flow, trailing twelve months
- $1.43B
- Market capitalisation
- $106.8B
- 3-year revenue growth
- +15%
- 3-year free cash flow growth
- +11%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $190.04 |
| Its own P/E history, median | $240.86 |
| Its own P/E history, upper quartile | $297.20 |
| 52-week range | $265.66 – $416.39 |
| Today | $334.73 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Software - Application
Ranks #50 of 90 by Smart Score