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Cadence Design Systems Inc
NASDAQ:CDNS

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Cadence Design Systems Inc
NASDAQ:CDNS
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Price: 273.23 USD -2.09% Market Closed
Market Cap: $75.2B

Multiples-Based Value

The Multiples-Based Value for Cadence Design Systems Inc (CDNS) under the Base Case is 207.1 USD. Compared with the current market price of 273.23 USD, the stock appears Overvalued by 24% .

Multiples-Based Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CDNS Multiples-Based Value
Base Case
$207.1
Overvaluation 24%
Multiples-Based Value
Price $273.23

Multiples Across Competitors

CDNS Competitors Multiples
Cadence Design Systems Inc Competitors