Cadence Design Systems Inc vs Las Vegas Sands Corp. — how do they compare? Cadence Design Systems Inc trades at $326.36 (market cap $91.41B), while Las Vegas Sands Corp. trades at $45.83 (market cap $29.44B). The key difference: Cadence Design Systems Inc is far larger — about 3.1× Las Vegas Sands Corp.'s market cap, and Las Vegas Sands Corp. pays a 2.64% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | LVS | |
|---|---|---|
Market Cap | $91.41B | $29.44B |
Sector | Technology | Consumer Cyclical |
52-Week High | $416.39 | $69.49 |
52-Week Low | $265.66 | $44.78 |
Enterprise Value | $92.62B | $41.33B |
Dividend Yield | — | 2.64% |
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 →Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner, Four Seasons Hotel Macao, and Parisian in Macao, and the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas in the U.S. asets were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2026. After the sale of its Vegas assets, the company will generate all its EBITDA from Asia, with its casino operations generating the majority of sales.
Read more on LVS →