Valuation models
price $327.89 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused93.51 – 128.28108.11203% overvaluedDCF · Perpetuity growth · 10y99.83 – 137.38115.59184% overvaluedDCF · EBITDA exit · 5y215.03 – 234.19224.3646% overvaluedDCF · EBITDA exit · 10y193.66 – 226.99209.5256% overvaluedP/E · peers182.21 – 244.78213.5054% overvaluedP/E · own history272.00 – 332.11306.667% overvaluedPEG—190.4672% overvaluedEV/EBITDA · peers156.55 – 320.46225.4445% overvaluedEV/Revenue · peers154.87 – 226.04155.56111% overvaluedEarnings power value35.65 – 48.6641.10698% overvaluedWall St. consensus target—420.0022% belowCost of capital (WACC)—9.28%—
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. How the headline model is chosen. The price is 203% above the model value: the models see only the filed business, and a company priced on businesses with no revenue line yet is better taken apart, as Tesla is.
Model value · DCF · Perpetuity growth · 5y
108.11
Cadence Design Systems closed at $327.89 — overvalued by 203% vs model.
93.51the model's range128.28
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
41.10 – 306.66
Wall St. target
420.00 22% below
Above model, 1y
32 of 32 days
How it is valued
Valued asSoftware
Moderate growth (~14% recent)High profitability (21% net margin)Highly cyclical earnings
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.