Both in Packaged Software
Cadence Design Systems vs Snowflake
Over the past year CDNS returned +1.8% and SNOW returned +38.5%; their daily moves had a correlation of 0.39.
CDNS +1.8% SNOW +38.5%Growth of $1, one year, split-adjusted
| Metric | CDNS | SNOW |
|---|---|---|
| Price | $359.55 | $335.95 |
| Market cap | $99.02B | $118.52B |
| Today | +1.72% | −0.90% |
| 1 month | +22.8% | −0.4% |
| 6 months | +28.6% | +125.1% |
| Year to date | +15.0% | +53.2% |
| 1 year | +3.5% | +42.9% |
| Revenue growth (YoY) | +24.2% | +35.1% |
| Gross margin | 84.9% | 67.0% |
| Net margin | 23.2% | −12.4% |
| P/E (TTM) | 71.9× | — |
| Price / sales | 17.0× | 21.8× |
| Net cash | -$1.04B | $60.7M |
| Dividend yield | — | — |
| Volatility (60d) | 43.0% | 46.5% |
| Short % of float | 1.6% | 5.6% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).