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Cadence Design Systems, Inc. (CDNS) EV/Sales Ratio: 19.29x

Is Cadence Design Systems, Inc.’s EV/Sales ratio high or low?

Cadence Design Systems, Inc.'s EV/Sales ratio of 19.29x is 17% above its 5-year average of 16.45x, near the high end of its 5-year range (11.33x–21.82x).

As of Thursday, June 11, 2026. 12.47% above its 12-month average of 17.15x.

CDNS EV/Sales Ratio Chart

CDNS EV/Sales Ratio
19.29x+12.28% 1Y
Zoom

CDNS Average EV/Sales Ratio Chart

CDNS Current vs Average EV/Sales Ratio Chart

CDNS EV/Sales Ratio Metrics

EV/SALES RATIO

19.29x

EV/SALES RATIO AVG TTM

17.15x

EV/SALES RATIO AVG 3Y

17.80x

EV/SALES RATIO AVG 5Y

16.45x

EV/SALES RATIO AVG 10Y

12.09x

EV/SALES RATIO AVG 15Y

9.09x

EV/SALES RATIO AVG 20Y

7.42x

CURRENT VS TTM AVG

+12.47%

CURRENT VS 3Y AVG

+8.34%

CURRENT VS 5Y AVG

+17.24%

CURRENT VS 10Y AVG

+59.54%

CURRENT VS 15Y AVG

+112.14%

CURRENT VS 20Y AVG

+160.12%

CDNS Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Cadence Design Systems, Inc. (CDNS)$106.06B19.29x17.15x17.80x16.45x
ServiceNow, Inc. (NOW)$106.09B7.88x12.55x15.65x16.32x
Fortinet, Inc. (FTNT)$105.81B14.75x10.24x10.44x11.75x
Accenture plc (ACN)$103.23B1.46x2.13x2.85x3.10x
Adobe Inc. (ADBE)$90.18B3.94x5.81x9.54x11.19x
Synopsys, Inc. (SNPS)$87.06B10.95x12.40x13.17x12.31x
Snowflake Inc. (SNOW)$82.52B16.60x16.54x17.71x34.20x
Datadog, Inc. (DDOG)$81.87B22.84x16.86x17.95x25.03x
Cloudflare, Inc. (NET)$78.86B34.37x36.51x27.62x34.38x
Salesforce, Inc. (CRM)$134.52B4.11x5.55x6.86x7.25x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Cadence Design Systems, Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Cadence Design Systems, Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Cadence Design Systems, Inc. (CDNS)?
The EV/Sales ratio for CDNS stock is 19.29x.
Is Cadence Design Systems, Inc.'s EV/Sales ratio high or low?
Cadence Design Systems, Inc.'s EV/Sales ratio of 19.29x is 17% above its 5-year average of 16.45x, near the high end of its 5-year range (11.33x–21.82x).
What is the TTM average EV/Sales ratio for Cadence Design Systems, Inc. (CDNS)?
The TTM average EV/Sales ratio for CDNS stock is 17.15x.
What is the 3Y average EV/Sales ratio for Cadence Design Systems, Inc. (CDNS)?
The 3Y average EV/Sales ratio for CDNS stock is 17.80x.
What is the 5Y average EV/Sales ratio for Cadence Design Systems, Inc. (CDNS)?
The 5Y average EV/Sales ratio for CDNS stock is 16.45x.
What is the 10Y average EV/Sales ratio for Cadence Design Systems, Inc. (CDNS)?
The 10Y average EV/Sales ratio for CDNS stock is 12.09x.
What is the 15Y average EV/Sales ratio for Cadence Design Systems, Inc. (CDNS)?
The 15Y average EV/Sales ratio for CDNS stock is 9.09x.
What is the 20Y average EV/Sales ratio for Cadence Design Systems, Inc. (CDNS)?
The 20Y average EV/Sales ratio for CDNS stock is 7.42x.

Cadence Design Systems, Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-1119.29x
2026-06-1019.37x
2026-06-0919.66x
2026-06-0819.82x
2026-06-0518.93x
2026-06-0420.69x
2026-06-0320.50x
2026-06-0220.92x
2026-06-0120.81x
2026-05-2918.87x
2026-05-2818.81x
2026-05-2718.82x
2026-05-2619.20x
2026-05-2218.80x
2026-05-2118.05x
2026-05-2017.68x
2026-05-1917.04x
2026-05-1817.43x
2026-05-1517.50x
2026-05-1417.77x
2026-05-1317.86x
2026-05-1218.03x
2026-05-1118.34x
2026-05-0818.26x
2026-05-0717.97x
2026-05-0617.87x
2026-05-0517.81x
2026-05-0417.61x
2026-05-0117.18x
2026-04-3016.88x
2026-04-2916.90x
2026-04-2816.66x
2026-04-2717.24x
2026-04-2417.05x
2026-04-2316.10x
2026-04-2216.99x
2026-04-2116.69x
2026-04-2016.31x
2026-04-1715.93x
2026-04-1615.72x
2026-04-1515.57x
2026-04-1414.97x
2026-04-1314.75x
2026-04-1013.59x
2026-04-0914.38x
2026-04-0814.82x
2026-04-0714.30x
2026-04-0614.30x
2026-04-0214.26x
2026-04-0114.34x
2026-03-3114.22x
2026-03-3013.86x
2026-03-2713.91x
2026-03-2614.36x
2026-03-2514.40x
2026-03-2414.55x
2026-03-2314.97x
2026-03-2014.53x
2026-03-1914.71x
2026-03-1814.83x
2026-03-1715.04x
2026-03-1614.98x
2026-03-1314.69x
2026-03-1214.86x
2026-03-1115.06x
2026-03-1015.01x
2026-03-0915.26x
2026-03-0615.20x
2026-03-0515.35x
2026-03-0415.64x
2026-03-0315.39x
2026-03-0215.53x
2026-02-2715.43x
2026-02-2615.24x
2026-02-2515.45x
2026-02-2414.88x
2026-02-2314.32x
2026-02-2015.17x
2026-02-1915.18x
2026-02-1815.62x
2026-02-1714.84x
2026-02-1315.68x
2026-02-1215.09x
2026-02-1115.69x
2026-02-1015.65x
2026-02-0915.23x
2026-02-0614.84x
2026-02-0514.14x
2026-02-0414.20x
2026-02-0314.05x
2026-02-0215.14x
2026-01-3015.51x
2026-01-2915.85x
2026-01-2816.78x
2026-01-2716.67x
2026-01-2616.86x
2026-01-2316.67x
2026-01-2216.60x
2026-01-2116.43x
2026-01-2016.07x
2026-01-1616.62x
2026-01-1516.79x
2026-01-1416.40x
2026-01-1316.92x
2026-01-1217.05x
2026-01-0917.14x
2026-01-0816.69x
2026-01-0716.78x
2026-01-0616.47x
2026-01-0515.77x
2026-01-0216.25x
2025-12-3116.37x
2025-12-3016.52x
2025-12-2916.64x
2025-12-2616.70x
2025-12-2416.64x
2025-12-2316.59x
2025-12-2216.63x
2025-12-1916.49x
2025-12-1816.50x
2025-12-1716.39x
2025-12-1616.73x
2025-12-1516.67x
2025-12-1216.92x
2025-12-1117.57x
2025-12-1017.70x
2025-12-0917.55x
2025-12-0817.66x
2025-12-0517.68x
2025-12-0417.66x
2025-12-0317.60x
2025-12-0216.65x
2025-12-0116.21x
2025-11-2816.33x
2025-11-2616.04x
2025-11-2515.90x
2025-11-2415.94x
2025-11-2115.74x
2025-11-2015.82x
2025-11-1916.06x
2025-11-1815.87x
2025-11-1716.30x
2025-11-1416.49x
2025-11-1316.55x
2025-11-1216.52x
2025-11-1116.68x
2025-11-1017.23x
2025-11-0717.02x
2025-11-0616.99x
2025-11-0517.16x
2025-11-0417.45x
2025-11-0317.57x
2025-10-3117.74x
2025-10-3017.60x
2025-10-2917.88x
2025-10-2817.87x
2025-10-2718.78x
2025-10-2418.44x
2025-10-2318.02x
2025-10-2217.65x
2025-10-2117.81x
2025-10-2017.61x
2025-10-1717.42x
2025-10-1617.32x
2025-10-1517.31x
2025-10-1417.40x
2025-10-1317.75x
2025-10-1017.47x
2025-10-0918.63x
2025-10-0818.70x
2025-10-0718.46x
2025-10-0618.88x
2025-10-0318.55x
2025-10-0218.55x
2025-10-0118.81x
2025-09-3018.77x
2025-09-2918.62x
2025-09-2618.71x
2025-09-2518.76x
2025-09-2419.07x
2025-09-2319.57x
2025-09-2219.95x
2025-09-1919.95x
2025-09-1819.50x
2025-09-1718.55x
2025-09-1618.65x
2025-09-1518.78x
2025-09-1218.35x
2025-09-1118.95x
2025-09-1018.09x
2025-09-0919.33x
2025-09-0819.27x
2025-09-0518.75x
2025-09-0418.66x
2025-09-0318.56x
2025-09-0218.31x
2025-08-2918.72x
2025-08-2818.93x
2025-08-2718.53x
2025-08-2618.38x
2025-08-2518.44x
2025-08-2218.68x
2025-08-2118.57x
2025-08-2018.46x
2025-08-1918.53x
2025-08-1819.04x
2025-08-1518.69x
2025-08-1418.64x
2025-08-1318.65x
2025-08-1218.89x
2025-08-1118.65x
2025-08-0818.81x
2025-08-0718.93x
2025-08-0619.24x
2025-08-0519.26x
2025-08-0419.50x
2025-08-0119.07x
2025-07-3119.48x
2025-07-3019.83x
2025-07-2919.57x
2025-07-2818.67x
2025-07-2518.59x
2025-07-2418.16x
2025-07-2318.26x
2025-07-2217.88x
2025-07-2117.69x
2025-07-1817.65x
2025-07-1717.95x
2025-07-1617.60x
2025-07-1517.79x
2025-07-1417.76x
2025-07-1117.94x
2025-07-1018.05x
2025-07-0918.06x
2025-07-0818.09x
2025-07-0717.92x
2025-07-0318.28x
2025-07-0217.39x
2025-07-0117.31x
2025-06-3017.24x
2025-06-2717.07x
2025-06-2616.99x
2025-06-2516.64x
2025-06-2416.60x
2025-06-2316.42x
2025-06-2016.52x
2025-06-1816.60x
2025-06-1716.72x
2025-06-1616.82x
2025-06-1316.78x
2025-06-1217.22x
2025-06-1117.18x
2025-06-1017.10x
2025-06-0916.87x
2025-06-0616.61x
2025-06-0516.57x
2025-06-0416.46x
2025-06-0316.40x
2025-06-0216.36x
2025-05-3016.05x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

About Cadence Design Systems, Inc.

Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.

San Jose, CA
12,837 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Anirudh Devgan