Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: CDNS stock price vs KEYS: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at KEYS's multiple
Needs KEYS P/E.
Implied fair value · at CDNS's multiple
Needs CDNS P/E.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Nine period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
CADENCE DESIGN SYSTEMS, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
KEYSIGHT TECHNOLOGIES, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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CDNS vs NVDA
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CDNS vs AMD
Fortive Corp
CDNS vs FTV
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CDNS vs TDY
MKS INSTRUMENTS INC
CDNS vs MKSI
ROPER TECHNOLOGIES INC
CDNS vs ROP
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe CDNS can sustain its 14.1% revenue growth and 31.2% ROIC without margin deterioration, then a hold-to-overweight stance is reasonable because the premium valuation is supported by superior operating performance; otherwise, the current 92.7x P/E leaves limited upside versus the $272.73 KEYS-implied price.
CDNS appears expensive relative to KEYS on both earnings and sales multiples, with a current P/E of 92.7x versus 67.2x and an EV/Revenue of 19.5x versus 10.5x. The market is assigning CDNS a premium for better operating performance, but the current price of $376.19 is above KEYS-implied range and far above the DCF range.
Supporting Metrics
