Cadence Design Systems Inc vs Clorox Co — how do they compare? Cadence Design Systems Inc trades at $326.51 (market cap $90.20B), while Clorox Co trades at $107 (market cap $13.09B). The key difference: Cadence Design Systems Inc is far larger — about 6.9× Clorox Co's market cap, and Clorox Co pays a 4.62% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | CLX | |
|---|---|---|
Market Cap | $90.20B | $13.09B |
Sector | Technology | Consumer Staples |
52-Week High | $416.39 | $127.16 |
52-Week Low | $265.66 | $86.12 |
Enterprise Value | $91.41B | $18.47B |
Dividend Yield | — | 4.62% |
Trailing returns across standard periods
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 →With a history dating back more than 100 years, Clorox now plays in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.
Read more on CLX →