Cadence Design Systems Inc vs Royal Bank of Canada — how do they compare? Cadence Design Systems Inc trades at $377 (market cap $104.24B), while Royal Bank of Canada trades at $215.06 (market cap $291.56B). The key difference: Royal Bank of Canada is far larger — about 2.8× Cadence Design Systems Inc's market cap, and Royal Bank of Canada pays a 2.42% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | RY | |
|---|---|---|
Market Cap | $104.24B | $291.56B |
Sector | Technology | Financials |
52-Week High | $416.39 | $214.04 |
52-Week Low | $265.66 | $128.46 |
Enterprise Value | $105.91B | — |
Dividend Yield | — | 2.42% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →