CDNS
Price:
$311.87
Market Cap:
$85.53B
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical impl...[Read more]
Industry
Software - Application
IPO Date
1987-06-10
Stock Exchange
NASDAQ
Ticker
CDNS
According to Cadence Design Systems, Inc.’s latest financial reports and current stock price. The company's current ROE is 26.31%. This represents a change of 288.98% compared to the average of 6.77% of the last 4 quarters.
The mean historical ROE of Cadence Design Systems, Inc. over the last ten years is 26.27%. The current 26.31% ROE has changed 0.16% with respect to the historical average. Over the past ten years (40 quarters), CDNS's ROE was at its highest in in the December 2019 quarter at 31.37%. The ROE was at its lowest in in the December 2017 quarter at -1.46%.
Average
26.27%
Median
26.12%
Minimum
11.92%
Maximum
47.03%
Discovering the peaks and valleys of Cadence Design Systems, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 75.24%
Maximum Annual ROE = 47.03%
Minimum Annual Increase = -49.62%
Minimum Annual ROE = 11.92%
Year | ROE | Change |
---|---|---|
2023 | 30.58% | -1.11% |
2022 | 30.93% | 21.79% |
2022 | 25.39% | 7.18% |
2021 | 23.69% | -49.62% |
2019 | 47.03% | 75.24% |
2018 | 26.84% | 30.07% |
2017 | 20.63% | -24.64% |
2016 | 27.38% | 49.26% |
2016 | 18.34% | 53.94% |
2015 | 11.92% | -16.13% |
The current ROE of Cadence Design Systems, Inc. (CDNS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
28.97%
5-year avg
31.52%
10-year avg
26.27%
Cadence Design Systems, Inc.’s ROE is less than Workday, Inc. (19.75%), less than Salesforce, Inc. (9.58%), less than Intuit Inc. (16.16%), greater than Snowflake Inc. (-26.74%), greater than Atlassian Corporation (-38.28%), less than Zoom Video Communications, Inc. (10.85%), less than ServiceNow, Inc. (15.86%), less than Paycom Software, Inc. (33.39%), less than Datadog, Inc. (8.30%), less than The Trade Desk, Inc. (13.17%), greater than Unity Software Inc. (-24.94%), less than Autodesk, Inc. (53.04%),
Company | ROE | Market cap |
---|---|---|
19.75% | $71.22B | |
9.58% | $326.97B | |
16.16% | $179.31B | |
-26.74% | $56.13B | |
-38.28% | $68.13B | |
10.85% | $26.43B | |
15.86% | $218.48B | |
33.39% | $12.87B | |
8.30% | $52.60B | |
13.17% | $64.02B | |
-24.94% | $9.48B | |
53.04% | $69.07B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Cadence Design Systems, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Cadence Design Systems, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Cadence Design Systems, Inc.'s ROE?
How is the ROE calculated for Cadence Design Systems, Inc. (CDNS)?
What is the highest ROE for Cadence Design Systems, Inc. (CDNS)?
What is the 3-year average ROE for Cadence Design Systems, Inc. (CDNS)?
What is the 5-year average ROE for Cadence Design Systems, Inc. (CDNS)?
How does the current ROE for Cadence Design Systems, Inc. (CDNS) compare to its historical average?