Amcor PLC vs Cadence Design Systems Inc — how do they compare? Amcor PLC trades at $47.5 (market cap $21.78B), while Cadence Design Systems Inc trades at $326.47 (market cap $91.41B). The key difference: Cadence Design Systems Inc is far larger — about 4.2× Amcor PLC's market cap, and Amcor PLC pays a 5.52% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| AMCR | CDNS | |
|---|---|---|
Market Cap | $21.78B | $91.41B |
Sector | Basic Materials | Technology |
52-Week High | $50.58 | $416.39 |
52-Week Low | $36.69 | $265.66 |
Enterprise Value | $36.90B | $92.62B |
Dividend Yield | 5.52% | — |
Trailing returns across standard periods
Amcor is a global plastics packaging behemoth, with global sales of USD 14.5 billion in fiscal 2022 following the acquisition of Bemis in 2019. Amcor's operations span over 40 countries globally and include significant emerging-market exposure equating to circa 20% of sales. Amcor's capabilities span flexible and rigid plastic packaging, which sell into defensive food, beverage, healthcare, household, and personal-care end markets.
Read more on AMCR →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 →