Hormel Foods Corp vs Synopsys, Inc. — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Synopsys, Inc. trades at $390 (market cap $72.47B). The key difference: Synopsys, Inc. is far larger — about 5.2× Hormel Foods Corp's market cap, and Hormel Foods Corp pays a 4.63% dividend while Synopsys, Inc. pays none. Which is the better fit depends on your goals.
| HRL | SNPS | |
|---|---|---|
Market Cap | $13.91B | $72.47B |
Sector | Consumer Staples | Technology |
52-Week High | $29.52 | $645.59 |
52-Week Low | $19.74 | $378.46 |
Enterprise Value | $15.91B | $80.82B |
Dividend Yield | 4.63% | — |
Trailing returns across standard periods
Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' 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 Synopsys.
Read more on SNPS →