ANET vs. CDNS: A Head-to-Head Stock Comparison
UpdatedHere’s a clear look at ANET 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
ANET (116.08 billion USD) and CDNS (86.70 billion USD) sit neck-and-neck in market cap terms.
ANET at 1.39 and CDNS at 1.04 move in sync when it comes to market volatility.
| Symbol | ANET | CDNS |
|---|---|---|
| Company Name | Arista Networks, Inc. | Cadence Design Systems, Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Computer Hardware | Software - Application |
| CEO | Ms. Jayshree V. Ullal | Dr. Anirudh Devgan Ph.D. |
| Price | 92.43 USD | 317.55 USD |
| Market Cap | 116.08 billion USD | 86.70 billion USD |
| Beta | 1.387 | 1.045 |
| Exchange | NYSE | NASDAQ |
| IPO Date | June 6, 2014 | June 10, 1987 |
| ADR | No | No |
Performance Comparison
This chart compares the performance of ANET 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
For a detailed comparison of valuation metrics between ANET and CDNS, please refer to the table below.
| Symbol | ANET | CDNS |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 38.46 | 79.86 |
| Forward PEG Ratio (TTM) | 2.11 | 11.04 |
| Price-to-Sales Ratio (P/S, TTM) | 15.61 | 17.79 |
| Price-to-Book Ratio (P/B, TTM) | 11.51 | 18.08 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 30.67 | 62.91 |
| EV-to-EBITDA (TTM) | 35.66 | 52.69 |
| EV-to-Sales (TTM) | 15.36 | 17.73 |
| EV-to-Free Cash Flow (TTM) | 30.18 | 62.69 |
Dividend Comparison
Neither ANET nor CDNS pays dividends, suggesting both reinvest all profits into growth—likely expansion or innovation—favoring long-term value over immediate income.
| Symbol | ANET | CDNS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
Financial Strength Metrics Comparison
This section dives into the financial resilience of ANET and CDNS, spotlighting key metrics like liquidity, leverage, and debt coverage. Check out the standout observations below where notable differences or extremes pop up.
- ANET 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 | ANET | CDNS |
|---|---|---|
| Current Ratio (TTM) | 3.93 | 3.07 |
| Quick Ratio (TTM) | 3.31 | 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 |