Cadence Design Systems Inc vs BIO-TECHNE Corp — how do they compare? Cadence Design Systems Inc trades at $377 (market cap $104.24B), while BIO-TECHNE Corp trades at $71.23 (market cap $11.12B). The key difference: Cadence Design Systems Inc is far larger — about 9.4× BIO-TECHNE Corp's market cap, and BIO-TECHNE Corp pays a 0.45% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | TECH | |
|---|---|---|
Market Cap | $104.24B | $11.12B |
Sector | Technology | Health |
52-Week High | $416.39 | $71.38 |
52-Week Low | $265.66 | $43.31 |
Enterprise Value | $105.91B | $11.20B |
Dividend Yield | — | 0.45% |
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 →Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. The company reports in two segments, protein sciences (75% of revenue), and diagnostics and genomics (25%). The protein-focused segment makes equipment and associated consumables for protein characterization and analysis and sells antibodies for research and clinical purposes. In diagnostics, Bio-Techne provides controls and calibrators for diagnostic manufacturers and has a portfolio of diagnostic oncology assays. The United States accounts for about 55% of revenue, and the firm also has operations in EMEA (20% of sales), the U.K. (5%), and APAC (15%), with the rest of the world accounting for the remaining 5%.
Read more on TECH →