Cadence Design Systems Inc vs J M Smucker Co — how do they compare? Cadence Design Systems Inc trades at $326.4 (market cap $90.20B), while J M Smucker Co trades at $117.5 (market cap $12.54B). The key difference: Cadence Design Systems Inc is far larger — about 7.2× J M Smucker Co's market cap, and J M Smucker Co pays a 3.82% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | SJM | |
|---|---|---|
Market Cap | $90.20B | $12.54B |
Sector | Technology | Consumer Staples |
52-Week High | $416.39 | $126.35 |
52-Week Low | $265.66 | $89.53 |
Enterprise Value | $91.41B | $19.57B |
Dividend Yield | — | 3.82% |
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 →J.M. Smucker is a packaged food company that primarily operates in the U.S. retail channel (87% of fiscal 2022 revenue), but also in U.S. food-service (7%), and international (6%). Its largest segment is pet food and treats (36% of 2022 revenue), with popular brands such as Milk-Bone, Meow Mix, 9Lives, Kibbles 'n Bits, Nature's Recipe, and Rachael Ray Nutrish. Its second-largest category is coffee (35% across channels) with the number-two brand Folgers and number-six Dunkin'. Other large categories are peanut butter (10%), with number-one Jif, fruit spreads (5%) with number-one Smucker's, and frozen hand-held foods (6%) with number-one Uncrustables.
Read more on SJM →