COMP <GO>
CDNS vs NTES // FORWARD P/E MULTIPLE
Cadence Design Systems Inc. (NASDAQ) VS. NetEase Inc. (NASDAQ) • 15-METRIC TALLY: CDNS 5
— NTES 8
▲ FORWARD P/E MULTIPLE LEADER: NTES
LAST: $327.89 (-4.34%) • MKT CAP: $94.04B
forward-pe
71.2x
LAST: $113.64 (+1.37%) • MKT CAP: $71.53B
forward-pe
16.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CDNS VS. NTES)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CDNS | NTES | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 64.30% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 15.70% | 20.70% | -5.00 | NTES | /roic <GO> |
| EV/EBITDA & P/E Valuation | 58.0x | 13.0x | +45.00 | NTES | /valuation <GO> |
| Free Cash Flow Yield | 1.69% | 9.93% | -8.24 | NTES | /fcf-yield <GO> |
| Operating Margin | 28.20% | 31.80% | -3.60 | NTES | /operating-margins <GO> |
| Net Profit Margin | 20.90% | 24.80% | -3.90 | NTES | /net-margins <GO> |
| Revenue Growth (YoY) | 14.10% | 11.60% | +2.50 | CDNS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.76% | -2.76 | NTES | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 13.92 | 8.01 | +5.91 | CDNS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 8/9 | +1.00 | CDNS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 56.3 | 34.5 | +21.80 | CDNS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.14 | 1.38 | -0.24 | NTES | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 71.2x | 16.6x | +54.60 | NTES | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $94.04B | $71.53B | $22.51B | CDNS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CDNS REV | NTES REV | CDNS GROSS % | NTES GROSS % | CDNS FCF | NTES FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $5.30B | $16.11B | — | 64.3% | $1.59B | $7.10B |
| FY 2024 | $4.64B | $14.43B | — | 62.5% | $1.12B | $5.26B |
| FY 2023 | $4.09B | $14.57B | — | — | $1.17B | $4.32B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CDNS // BETA 1.14
NTES // BETA 1.38