COMP <GO>
ADBE vs CDNS // FORWARD P/E MULTIPLE
Adobe Inc. (NASDAQ) VS. Cadence Design Systems Inc. (NASDAQ) • 15-METRIC TALLY: ADBE 8
— CDNS 4
▲ FORWARD P/E MULTIPLE LEADER: ADBE
LAST: $250.23 (+0.85%) • MKT CAP: $96.57B
forward-pe
12.6x
LAST: $327.89 (-4.34%) • MKT CAP: $94.04B
forward-pe
71.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ADBE VS. CDNS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ADBE | CDNS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 89.30% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 50.20% | 15.70% | +34.50 | ADBE | /roic <GO> |
| EV/EBITDA & P/E Valuation | 11.1x | 58.0x | -46.90 | ADBE | /valuation <GO> |
| Free Cash Flow Yield | 10.20% | 1.69% | +8.51 | ADBE | /fcf-yield <GO> |
| Operating Margin | 36.60% | 28.20% | +8.40 | ADBE | /operating-margins <GO> |
| Net Profit Margin | 30.00% | 20.90% | +9.10 | ADBE | /net-margins <GO> |
| Revenue Growth (YoY) | 10.50% | 14.10% | -3.60 | CDNS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 7.17 | 13.92 | -6.75 | CDNS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 9/9 | -1.00 | CDNS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.7 | 56.3 | -7.60 | CDNS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.28 | 1.14 | +0.14 | ADBE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 12.6x | 71.2x | -58.60 | ADBE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $96.57B | $94.04B | $2.52B | ADBE | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ADBE REV | CDNS REV | ADBE GROSS % | CDNS GROSS % | ADBE FCF | CDNS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $23.77B | $5.30B | 89.3% | — | $9.85B | $1.59B |
| FY 2024 | $21.50B | $4.64B | 89.0% | — | $7.87B | $1.12B |
| FY 2023 | $19.41B | $4.09B | — | — | $6.43B | $1.17B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ADBE // BETA 1.28
CDNS // BETA 1.14