CDNS vs AMD vs ADEA Stock Comparison

Cadence Design Systems, Advanced Micro Devices and Adeia Prices as of Oct 26, 2026 Peers: Industry group
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AMD Advanced Micro Devices Inc
$531.28 -15.8% 1M +110.1% 1Y
Market cap
$900.49B
P/E
140.0x
Revenue (TTM)
$41.31B
Div. yield
–
Semiconductor Design Technology
5 wins
ADEA Adeia Inc.
$21.43 -15.9% 1M +25.3% 1Y
Market cap
$2.44B
P/E
19.9x
Revenue (TTM)
$470.87M
Div. yield
–
Semiconductor EDA Software Technology
5 wins

Head to Head

11 decided of 12

Advanced Micro Devices leads on 5 of the 12 questions below (Advanced Micro Devices 5, Adeia 5, Cadence Design Systems 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCDNSAMDADEALeader
Larger companyMarket capitalisation $91.62B $900.49B $2.44B AMD
Cheaper on earningsLower P/E, profitable companies only 66.4x 140.0x 19.9x ADEA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 37.1x 72.0x 15.9x ADEA
Faster revenue growthRevenue growth, trailing twelve months +17.6% +39.5% +24.3% AMD
More profitableNet margin, trailing twelve months — 15.6% 26.1% ADEA
Better return on capitalReturn on invested capital — 8.0% 16.8% ADEA
Less leveragedLower net debt / EBITDA — -1.0x 0.7x AMD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -6.6% +110.1% +25.3% AMD
Better 5-year returnAnnualised price return, 5 years +14.3%/yr +34.2%/yr +22.8%/yr AMD
Less volatileAnnualised volatility, 1 year 41.0% 68.4% 66.9% CDNS
Higher overall scoreMean of the five percentile scores vs peers 49/100 60/100 70/100 ADEA

Percentile Scorecard

CDNSAMDADEA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCDNSAMDADEA
Valuation 30 #67 of 95 28 #69 of 95 87 #13 of 95
Growth 64 #34 of 93 96 #5 of 93 67 #31 of 93
Profitability 53 #43 of 91 67 #31 of 91 90 #10 of 91
Financial Health – 68 #33 of 101 29 #72 of 101
Shareholder Returns – 41 #45 of 75 78 #17 of 75
Overall 49 60 70
  • CDNS ranked among 104 companies in Semiconductors
  • AMD ranked among 104 companies in Semiconductors
  • ADEA ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCDNSAMDADEASPY
1 month -1.2%-15.8%-15.9% -0.8%
3 months -4.9%+7.3%-17.8% +3.5%
6 months -4.3%+58.8%-28.9% +7.0%
Year to date +3.1%+148.1%+24.2% +12.2%
1 year -6.6%+110.1%+25.3% +13.0%
3 years +39.5%+450.9%+159.1% +86.3%
3 years, per year +11.8%+76.7%+37.4% +23.1%
5 years +95.1%+334.5%+179.4% +68.6%
5 years, per year +14.3%+34.2%+22.8% +11.0%
10 years +1,162.4%+7,187.8%+32.9% +258.0%
10 years, per year +28.9%+53.6%+2.9% +13.6%

Risk

MeasureCDNSAMDADEASPY
Volatility, 1Y 41.0%68.4%66.9% 12.7%
Downside volatility, 1Y 41.0%65.6%65.3% 12.7%
Beta vs S&P 500, 1Y 1.613.212.53 1.00
Return / volatility, 1Y -0.161.610.38 1.02
Max drawdown, 5Y -33.0%-65.4%-39.3% -25.4%
From 52-week high -22.6%-18.2%-36.3% -1.8%
52-week high $416.39$649.42$33.63 $779.14
52-week low $265.66$190.95$11.74 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCDNSAMDADEA
P/E now vs peer median 63.9xmedian 42.1x 134.8xmedian 42.1x 19.3xmedian 42.1x
P/S now vs peer median 14.5xmedian 7.1x 21.0xmedian 7.1x 5.0xmedian 7.1x
EV/EBITDA now vs peer median —median 27.5x 90.1xmedian 27.5x 9.7xmedian 27.5x
P/FCF now vs peer median 53.2xmedian 37.2x 103.7xmedian 37.2x 12.5xmedian 37.2x
P/B now vs peer median 12.9xmedian 4.2x 12.9xmedian 4.2x 5.0xmedian 4.2x
PEG now vs peer median 5.13median 2.23 0.25median 2.23 0.56median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCDNSAMDADEA
Revenue $6.13B $41.31B $470.87M
Gross profit – $21.98B –
Operating income $1.77B $6.49B $195.97M
Net income $1.38B $6.43B $122.68M
Free cash flow – $8.37B $188.57M
R&D $2.04B $9.39B $71.74M
EPS (diluted) $5.00 $3.88 $1.07
Cash & equivalents $1.45B $5.09B $137.10M
Total debt – $12.89B $386.02M
Shares (diluted) 276.16M 1.66B 114.40M
Enterprise value $91.62B $857.24B $1.68B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCDNSAMDADEA
P/E 63.9x 134.8x 19.3x
P/FCF 53.2x 103.7x 12.5x
P/Operating cash flow 45.1x 86.0x 12.4x
P/S 14.5x 21.0x 5.0x
P/B 12.9x 12.9x 5.0x
P/Tangible book 17.5x 16.8x 12.5x
EV/EBITDA – 90.1x 9.7x
EV/EBIT – 132.1x 13.0x
EV/Revenue 14.5x 20.8x 5.4x
EV/FCF – 102.5x 13.5x
EV/Operating cash flow 45.1x 85.0x 13.3x
PEG (3Y EPS CAGR) 5.13 0.25 0.56

Growth

14 metrics
MetricCDNSAMDADEA
Revenue growth (1Y) 17.6% 39.5% 24.3%
Revenue CAGR (3Y) 16.1% 23.6% 6.2%
Gross profit growth (1Y) – 55.9% –
Gross profit CAGR (3Y) – 32.0% –
Operating income growth (1Y) 19.4% 186.2% 57.0%
Operating income CAGR (3Y) 16.4% 167.6% 17.2%
Net income growth (1Y) 30.1% 127.0% 46.3%
Net income CAGR (3Y) 13.0% 537.7% 34.4%
EPS growth (1Y) 29.0% 123.1% 43.4%
EPS CAGR (3Y) 12.5% 533.6% 34.3%
Operating cash flow growth (1Y) 21.7% 106.7% -5.5%
Operating cash flow CAGR (3Y) 13.6% 61.4% 0.5%
Free cash flow growth (1Y) – 106.9% -6.2%
Free cash flow CAGR (3Y) – 64.9% 1.0%

Profitability

14 metrics
MetricCDNSAMDADEA
Gross margin – 53.2% –
EBITDA margin – 23.0% 55.6%
Operating margin – 15.7% 41.6%
Pretax margin – 18.3% 35.3%
Net margin – 15.6% 26.1%
FCF margin – 20.3% 40.0%
Operating cash flow margin 32.1% 24.4% 40.6%
Return on equity – 9.8% 26.0%
Return on assets – 7.8% 12.2%
Return on invested capital – 8.0% 16.8%
Return on capital employed – 9.3% 21.4%
Asset turnover 0.5x 0.5x 0.5x
Cash conversion (OCF / net income) 1.4x 1.6x 1.6x
Stock comp / revenue 8.9% 4.6% 7.8%

Financial Health

11 metrics
MetricCDNSAMDADEA
Debt / assets – 3.8% 38.1%
Debt / equity – 0.0x 0.8x
Net debt / EBITDA – -1.0x 0.7x
Debt / FCF – 0.4x 2.0x
Liabilities / assets – 20.4% 52.9%
Equity / assets 56.2% 79.6% 47.1%
Interest coverage – 44.1x 5.4x
Current ratio 1.4x 2.6x 3.2x
Quick ratio – 1.7x 3.8x
Cash ratio – 1.1x 2.2x
Altman Z-score – 31.29 4.16

Shareholder Returns

7 metrics
MetricCDNSAMDADEA
Dividend yield – – 0.9%
Net buyback yield – 0.0% 1.2%
Shareholder yield – 0.0% 2.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCDNSAMDADEA
Forward P/E 37.1xFY2026 72.0xFY2026 15.9xFY2026
EPS, next fiscal year $8.68FY2026 $7.38FY2026 $1.35FY2026
EPS growth, next FY +21.6%FY2026 +77.0%FY2026 -18.2%FY2026
EPS growth, the year after +14.5% +112.7% +11.9%
Revenue, next fiscal year $6.74BFY2026 $53.09BFY2026 $427.36MFY2026
Revenue growth, next FY +27.2%FY2026 +53.3%FY2026 -3.6%FY2026
Revenue growth, the year after +13.3% +60.7% +10.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCDNSAMDADEA
Held by institutions 88.2% 72.5% 100.0%
Institutions holding 1,498 3,991 304
Change in shares held, QoQ +5.4% +10.7% +5.6%
Institutions buying 831 2,270 186
Institutions selling 518 1,456 86
Buyers to sellers 1.60 1.56 2.16

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CDNSAMDADEA
CDNS 1.00 0.32 0.32
AMD 0.32 1.00 0.45
ADEA 0.32 0.45 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CDNS, AMD and ADEA?

Advanced Micro Devices (AMD) is the largest by market capitalisation: Cadence Design Systems (CDNS) $91.62B, Advanced Micro Devices (AMD) $900.49B, Adeia (ADEA) $2.44B.

Which stock is cheaper, CDNS, AMD and ADEA?

Adeia (ADEA) trades on the lowest price-to-earnings ratio (Cadence Design Systems (CDNS) 66.4x, Advanced Micro Devices (AMD) 140.0x, Adeia (ADEA) 19.9x). On next year's consensus earnings, Adeia (ADEA) is cheapest (Cadence Design Systems (CDNS) 37.1x, Advanced Micro Devices (AMD) 72.0x, Adeia (ADEA) 15.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Advanced Micro Devices (AMD) grew revenue fastest over the trailing twelve months: Cadence Design Systems (CDNS) +17.6%, Advanced Micro Devices (AMD) +39.5%, Adeia (ADEA) +24.3%.

Which company is more profitable?

Adeia (ADEA) has the highest net margin (Advanced Micro Devices (AMD) 15.6%, Adeia (ADEA) 26.1%). On return on invested capital, Adeia (ADEA) leads (Advanced Micro Devices (AMD) 8.0%, Adeia (ADEA) 16.8%).

Which stock has performed better?

Over the past year Advanced Micro Devices (AMD) returned the most: Cadence Design Systems (CDNS) -6.6%, Advanced Micro Devices (AMD) +110.1%, Adeia (ADEA) +25.3%. Over five years, Advanced Micro Devices (AMD) compounded fastest (Cadence Design Systems (CDNS) +14.3%/yr, Advanced Micro Devices (AMD) +34.2%/yr, Adeia (ADEA) +22.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Cadence Design Systems (CDNS) has been the steadiest (Cadence Design Systems (CDNS) 41.0%, Advanced Micro Devices (AMD) 68.4%, Adeia (ADEA) 66.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CDNS, AMD and ADEA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Advanced Micro Devices (AMD) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.