CDNS vs AMD vs PDFS Stock Comparison

Cadence Design Systems, Advanced Micro Devices and Pdf Solutions Prices as of Oct 23, 2026 Peers: Industry group
CDNS Cadence Design Systems Inc
$316.49 +2.4% 1M -6.2% 1Y
Market cap
$88.81B
P/E
64.4x
Revenue (TTM)
$5.84B
Div. yield
–
Semiconductor EDA Software Technology
4 wins
AMD Advanced Micro Devices Inc
$516.79 -15.9% 1M +119.9% 1Y
Market cap
$867.62B
P/E
134.8x
Revenue (TTM)
$41.31B
Div. yield
–
Semiconductor Design Technology
5 wins
PDFS Pdf Solutions Inc
$39.32 -18.8% 1M +43.5% 1Y
Market cap
$1.67B
P/E
162.0x
Revenue (TTM)
$241.18M
Div. yield
–
Semiconductor EDA Software Technology
2 wins

Head to Head

11 decided of 12

Advanced Micro Devices leads on 5 of the 12 questions below (Advanced Micro Devices 5, Cadence Design Systems 4, Pdf Solutions 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCDNSAMDPDFSLeader
Larger companyMarket capitalisation $88.81B $867.62B $1.67B AMD
Cheaper on earningsLower P/E, profitable companies only 64.4x 134.8x 162.0x CDNS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 36.5x 70.0x 28.9x PDFS
Faster revenue growthRevenue growth, trailing twelve months +14.7% +39.5% +23.0% AMD
More profitableNet margin, trailing twelve months 23.6% 15.6% 4.3% CDNS
Better return on capitalReturn on invested capital 14.2% 8.0% 3.1% CDNS
Less leveragedLower net debt / EBITDA 0.5x -1.0x -1.3x PDFS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -6.2% +119.9% +43.5% AMD
Better 5-year returnAnnualised price return, 5 years +13.7%/yr +34.0%/yr +11.3%/yr AMD
Less volatileAnnualised volatility, 1 year 41.0% 68.6% 68.9% CDNS
Higher overall scoreMean of the five percentile scores vs peers 58/100 59/100 48/100 AMD

Percentile Scorecard

CDNSAMDPDFS

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

AxisCDNSAMDPDFS
Valuation 37 #60 of 95 28 #69 of 95 39 #58 of 95
Growth 63 #35 of 93 96 #5 of 93 86 #14 of 93
Profitability 84 #15 of 91 67 #31 of 91 43 #52 of 91
Financial Health 36 #66 of 102 67 #34 of 102 56 #45 of 102
Shareholder Returns 68 #25 of 76 39 #47 of 76 15 #65 of 76
Overall 58 59 48
  • CDNS ranked among 104 companies in Semiconductors
  • AMD ranked among 104 companies in Semiconductors
  • PDFS ranked among 104 companies in Semiconductors

Price Performance

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

Returns

PeriodCDNSAMDPDFSSPY
1 month +2.4%-15.9%-18.8% -1.0%
3 months -3.0%-1.0%-22.9% +2.9%
6 months -4.9%+48.6%-15.4% +6.4%
Year to date +1.3%+141.3%+37.8% +11.4%
1 year -6.2%+119.9%+43.5% +13.1%
3 years +33.3%+408.3%+35.3% +79.4%
3 years, per year +10.1%+72.0%+10.6% +21.5%
5 years +89.8%+331.3%+71.0% +67.7%
5 years, per year +13.7%+34.0%+11.3% +10.9%
10 years +1,131.0%+7,826.2%+107.1% +255.2%
10 years, per year +28.5%+54.9%+7.6% +13.5%

Risk

MeasureCDNSAMDPDFSSPY
Volatility, 1Y 41.0%68.6%68.9% 12.7%
Downside volatility, 1Y 41.0%65.6%71.6% 12.7%
Beta vs S&P 500, 1Y 1.613.223.04 1.00
Return / volatility, 1Y -0.151.750.63 1.03
Max drawdown, 5Y -33.0%-65.4%-65.5% -25.4%
From 52-week high -24.0%-20.4%-44.5% -2.5%
52-week high $416.39$649.42$70.79 $779.14
52-week low $265.66$190.95$23.97 $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.

MultipleCDNSAMDPDFS
P/E now vs peer median 62.9xmedian 41.5x 131.1xmedian 41.5x 156.1xmedian 41.5x
P/S now vs peer median 14.9xmedian 6.9x 20.4xmedian 6.9x 6.8xmedian 6.9x
EV/EBITDA now vs peer median 42.1xmedian 27.3x 87.6xmedian 27.3x 42.8xmedian 27.3x
P/FCF now vs peer median 51.9xmedian 35.6x 100.8xmedian 35.6x -912.5xmedian 35.6x
P/B now vs peer median 12.7xmedian 4.2x 12.5xmedian 4.2x 4.4xmedian 4.2x
PEG now vs peer median 4.12median 2.31 0.25median 2.31 74.22median 2.31

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 monthsCDNSAMDPDFS
Revenue $5.84B $41.31B $241.18M
Gross profit $5.01B $21.98B $172.35M
Operating income $1.77B $6.49B $19.66M
Net income $1.38B $6.43B $10.31M
Free cash flow $1.68B $8.37B -$1.81M
R&D $1.93B $9.39B $70.34M
EPS (diluted) $4.99 $3.88 $0.25
Cash & equivalents $1.44B $5.09B $114.88M
Total debt $10.35B $12.89B $267.53M
Shares (diluted) 276.16M 1.66B 41.78M
Enterprise value $80.21B $824.37B $1.45B

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
MetricCDNSAMDPDFS
P/E 62.9x 131.1x 156.1x
P/FCF 51.9x 100.8x -912.5x
P/Operating cash flow 47.0x 83.7x 42.6x
P/S 14.9x 20.4x 6.8x
P/B 12.7x 12.5x 4.4x
P/Tangible book 17.5x 16.3x 5.1x
EV/EBITDA 42.1x 87.6x 42.8x
EV/EBIT 49.8x 128.5x 81.3x
EV/Revenue 15.1x 20.2x 6.6x
EV/FCF 52.5x 99.6x -885.7x
EV/Operating cash flow 47.6x 82.7x 41.3x
PEG (3Y EPS CAGR) 4.12 0.25 74.22

Growth

14 metrics
MetricCDNSAMDPDFS
Revenue growth (1Y) 14.7% 39.5% 23.0%
Revenue CAGR (3Y) 15.4% 23.6% 14.0%
Gross profit growth (1Y) 15.1% 55.9% 23.3%
Gross profit CAGR (3Y) 13.8% 32.0% 14.7%
Operating income growth (1Y) 25.5% 186.2% 10,088%
Operating income CAGR (3Y) 17.4% 167.6% 57.7%
Net income growth (1Y) 36.2% 127.0% 1,100%
Net income CAGR (3Y) 15.7% 537.7% 4.4%
EPS growth (1Y) 34.6% 123.1% 1,028%
EPS CAGR (3Y) 15.3% 533.6% 2.1%
Operating cash flow growth (1Y) 8.1% 106.7% 170.5%
Operating cash flow CAGR (3Y) 13.7% 61.4% 26.6%
Free cash flow growth (1Y) 5.9% 106.9% 85.2%
Free cash flow CAGR (3Y) 14.0% 64.9% -29.8%

Profitability

14 metrics
MetricCDNSAMDPDFS
Gross margin 85.9% 53.2% 71.5%
EBITDA margin 35.9% 23.0% 15.5%
Operating margin 30.3% 15.7% 8.2%
Pretax margin 31.2% 18.3% 6.9%
Net margin 23.6% 15.6% 4.3%
FCF margin 28.8% 20.3% -0.7%
Operating cash flow margin 31.8% 24.4% 16.0%
Return on equity 20.5% 9.8% 3.2%
Return on assets 11.4% 7.8% 2.2%
Return on invested capital 14.2% 8.0% 3.1%
Return on capital employed 17.3% 9.3% 4.9%
Asset turnover 0.5x 0.5x 0.5x
Cash conversion (OCF / net income) 1.3x 1.6x 3.8x
Stock comp / revenue 8.8% 4.6% 10.6%

Financial Health

11 metrics
MetricCDNSAMDPDFS
Debt / assets 20.5% 3.8% 12.8%
Debt / equity 0.4x 0.0x 0.2x
Net debt / EBITDA 0.5x -1.0x -1.3x
Debt / FCF 1.5x 0.4x -36.9x
Liabilities / assets 43.2% 20.4% 28.3%
Equity / assets 56.8% 79.6% 71.7%
Interest coverage 14.1x 44.1x 4.3x
Current ratio 1.7x 2.6x 3.4x
Quick ratio 1.7x 1.7x 3.4x
Cash ratio 0.8x 1.1x 1.6x
Altman Z-score 12.02 30.47 7.51

Shareholder Returns

7 metrics
MetricCDNSAMDPDFS
Dividend yield – – –
Net buyback yield 0.7% 0.0% -5.2%
Shareholder yield 0.7% 0.0% -5.2%
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.

ConsensusCDNSAMDPDFS
Forward P/E 36.5xFY2026 70.0xFY2026 28.9xFY2026
EPS, next fiscal year $8.68FY2026 $7.38FY2026 $1.36FY2026
EPS growth, next FY +21.6%FY2026 +77.0%FY2026 +44.7%FY2026
EPS growth, the year after +14.5% +111.8% +16.9%
Revenue, next fiscal year $6.74BFY2026 $53.07BFY2026 $273.57MFY2026
Revenue growth, next FY +27.2%FY2026 +53.2%FY2026 +24.9%FY2026
Revenue growth, the year after +13.3% +60.6% +13.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCDNSAMDPDFS
Held by institutions 88.2% 72.5% 93.0%
Institutions holding 1,498 3,991 283
Change in shares held, QoQ +5.4% +10.7% +20.8%
Institutions buying 831 2,270 191
Institutions selling 518 1,456 61
Buyers to sellers 1.60 1.56 3.13

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.

CDNSAMDPDFS
CDNS 1.00 0.32 0.43
AMD 0.32 1.00 0.62
PDFS 0.43 0.62 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CDNS, AMD and PDFS?

Advanced Micro Devices (AMD) is the largest by market capitalisation: Cadence Design Systems (CDNS) $88.81B, Advanced Micro Devices (AMD) $867.62B, Pdf Solutions (PDFS) $1.67B.

Which stock is cheaper, CDNS, AMD and PDFS?

Cadence Design Systems (CDNS) trades on the lowest price-to-earnings ratio (Cadence Design Systems (CDNS) 64.4x, Advanced Micro Devices (AMD) 134.8x, Pdf Solutions (PDFS) 162.0x). On next year's consensus earnings, Pdf Solutions (PDFS) is cheapest (Cadence Design Systems (CDNS) 36.5x, Advanced Micro Devices (AMD) 70.0x, Pdf Solutions (PDFS) 28.9x). 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) +14.7%, Advanced Micro Devices (AMD) +39.5%, Pdf Solutions (PDFS) +23.0%.

Which company is more profitable?

Cadence Design Systems (CDNS) has the highest net margin (Cadence Design Systems (CDNS) 23.6%, Advanced Micro Devices (AMD) 15.6%, Pdf Solutions (PDFS) 4.3%). On return on invested capital, Cadence Design Systems (CDNS) leads (Cadence Design Systems (CDNS) 14.2%, Advanced Micro Devices (AMD) 8.0%, Pdf Solutions (PDFS) 3.1%).

Which stock has performed better?

Over the past year Advanced Micro Devices (AMD) returned the most: Cadence Design Systems (CDNS) -6.2%, Advanced Micro Devices (AMD) +119.9%, Pdf Solutions (PDFS) +43.5%. Over five years, Advanced Micro Devices (AMD) compounded fastest (Cadence Design Systems (CDNS) +13.7%/yr, Advanced Micro Devices (AMD) +34.0%/yr, Pdf Solutions (PDFS) +11.3%/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) 68.6%, Pdf Solutions (PDFS) 68.9%). Volatility measures how widely the price swings, not the risk of the business.

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

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.