Both in Packaged Software
Cadence Design Systems vs SERVICENOW
Over the past year CDNS returned +7.9% and NOW returned −20.8%; their daily moves had a correlation of 0.38.
CDNS +7.9% NOW −20.8%Growth of $1, one year, split-adjusted
| Metric | CDNS | NOW |
|---|---|---|
| Price | $352.84 | $140.86 |
| Market cap | $97.17B | $145.63B |
| Today | +1.15% | +0.79% |
| 1 month | +23.8% | +7.4% |
| 6 months | +32.8% | +69.7% |
| Year to date | +12.9% | −8.0% |
| 1 year | +0.8% | −23.0% |
| Revenue growth (YoY) | +24.2% | +24.0% |
| Gross margin | 84.9% | 70.7% |
| Net margin | 23.2% | 7.5% |
| P/E (TTM) | 70.5× | 87.2× |
| Price / sales | 16.6× | 9.9× |
| Net cash | -$1.04B | -$2.85B |
| Dividend yield | — | — |
| Volatility (60d) | 43.1% | 54.8% |
| Short % of float | 2.1% | 2.9% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).