Albemarle Corp. vs Cadence Design Systems Inc — how do they compare? Albemarle Corp. trades at $131.06 (market cap $15.27B), while Cadence Design Systems Inc trades at $326.4 (market cap $90.20B). The key difference: Cadence Design Systems Inc is far larger — about 5.9× Albemarle Corp.'s market cap, and Albemarle Corp. pays a 1.27% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| ALB | CDNS | |
|---|---|---|
Market Cap | $15.27B | $90.20B |
Sector | Basic Materials | Technology |
52-Week High | $215.62 | $416.39 |
52-Week Low | $72.58 | $265.66 |
Enterprise Value | $17.75B | $91.41B |
Dividend Yield | 1.27% | — |
Trailing returns across standard periods
Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants. The company is also a major producer of oil refining catalysts.
Read more on ALB →Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →