ALAB vs. CDNS: A Head-to-Head Stock Comparison
UpdatedHere’s a clear look at ALAB and CDNS, comparing key factors like performance, valuation metrics, dividends, and financial strength. It’s built for investors or anyone curious to see how these two stocks match up.
Company Overview
CDNS towers over ALAB with a market cap of 86.70 billion USD, roughly 5.70 times the 15.20 billion USD of its peer.
CDNS dances to a riskier tune, sporting a beta of 1.04, while ALAB keeps it calmer at 0.33.
Symbol | ALAB | CDNS |
---|---|---|
Company Name | Astera Labs, Inc. Common Stock | Cadence Design Systems, Inc. |
Country | US | US |
Sector | Technology | Technology |
Industry | Semiconductors | Software - Application |
CEO | Mr. Jitendra Mohan | Dr. Anirudh Devgan Ph.D. |
Price | 92.17 USD | 317.55 USD |
Market Cap | 15.20 billion USD | 86.70 billion USD |
Beta | 0.33167723 | 1.045 |
Exchange | NASDAQ | NASDAQ |
IPO Date | March 20, 2024 | June 10, 1987 |
ADR | No | No |
Performance Comparison
This chart compares the performance of ALAB and CDNS over the past year by tracking the growth of an initial $10,000 investment in each (starting one year ago).
Hover over the lines to see the investment’s value and total return (%) at specific dates.
Data is adjusted for dividends and splits.
Valuation Metrics Comparison
The section examines key financial ratios to assess the valuation of ALAB and CDNS based on earnings, cash flow, sales, and book value. Pay attention to the following notable points where extreme values stand out.
- ALAB stands out with a P/E of 363.38, far exceeding conventional benchmarks. This elevated figure means its stock price is disproportionately large compared to its earnings over the past twelve months, often reflecting strong investor optimism about its future. Meanwhile, CDNS at 79.86 aligns with more typical earnings multiples.
Symbol | ALAB | CDNS |
---|---|---|
Price-to-Earnings Ratio (P/E, TTM) | 363.38 | 79.86 |
Forward PEG Ratio (TTM) | 10.90 | 11.04 |
Price-to-Sales Ratio (P/S, TTM) | 30.99 | 17.79 |
Price-to-Book Ratio (P/B, TTM) | 14.44 | 18.08 |
Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 140.53 | 62.91 |
EV-to-EBITDA (TTM) | -832.77 | 52.69 |
EV-to-Sales (TTM) | 30.81 | 17.73 |
EV-to-Free Cash Flow (TTM) | 139.73 | 62.69 |
Dividend Comparison
Neither ALAB nor CDNS pays dividends, suggesting both reinvest all profits into growth—likely expansion or innovation—favoring long-term value over immediate income.
Symbol | ALAB | CDNS |
---|---|---|
Dividend Yield (TTM) | 0.00% | 0.00% |
Financial Strength Metrics Comparison
This section dives into the financial resilience of ALAB and CDNS, spotlighting key metrics like liquidity, leverage, and debt coverage. Check out the standout observations below where notable differences or extremes pop up.
- ALAB posts an interest coverage of “--”, hinting at interest costs so low they’re negligible—often from scant debt or dirt-cheap rates—while CDNS at 21.78 handles interest with solid earnings.
Symbol | ALAB | CDNS |
---|---|---|
Current Ratio (TTM) | 13.92 | 3.07 |
Quick Ratio (TTM) | 13.26 | 2.90 |
Debt-to-Equity Ratio (TTM) | 0.00 | 0.52 |
Debt-to-Assets Ratio (TTM) | 0.00 | 0.27 |
Interest Coverage Ratio (TTM) | -- | 21.78 |