Royal Bank of Canada vs Synopsys, Inc. — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while Synopsys, Inc. trades at $390 (market cap $72.47B). The key difference: Royal Bank of Canada is far larger — about 4× Synopsys, Inc.'s market cap, and Royal Bank of Canada pays a 2.42% dividend while Synopsys, Inc. pays none. Which is the better fit depends on your goals.
| RY | SNPS | |
|---|---|---|
Market Cap | $289.51B | $72.47B |
Sector | Financials | Technology |
52-Week High | $217.87 | $645.59 |
52-Week Low | $128.46 | $378.46 |
Dividend Yield | 2.42% | — |
Enterprise Value | — | $80.82B |
Trailing returns across standard periods
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 →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 →