ANET vs. SNPS: A Head-to-Head Stock Comparison
UpdatedHere’s a clear look at ANET and SNPS, comparing key factors like performance, valuation metrics, dividends, and financial strength.
Company Overview
ANET’s market capitalization of 120.28 billion USD is substantially larger than SNPS’s 76.80 billion USD, indicating a significant difference in their market valuations.
With betas of 1.38 for ANET and 1.11 for SNPS, both stocks show similar sensitivity to overall market movements.
| Symbol | ANET | SNPS |
|---|---|---|
| Company Name | Arista Networks, Inc. | Synopsys, Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Computer Hardware | Software - Infrastructure |
| CEO | Ms. Jayshree V. Ullal | Mr. Sassine Ghazi |
| Price | 95.77 USD | 494.99 USD |
| Market Cap | 120.28 billion USD | 76.80 billion USD |
| Beta | 1.38 | 1.11 |
| Exchange | NYSE | NASDAQ |
| IPO Date | June 6, 2014 | February 26, 1992 |
| ADR | No | No |
Performance Comparison
This chart compares the performance of ANET and SNPS over the past year by tracking the growth of an initial $10,000 investment in each (starting one year ago).
Data is adjusted for dividends and splits.
Valuation Metrics Comparison
This section compares the market valuation of ANET and SNPS. Key takeaways regarding their valuation, when viewed within their industry context, are presented in the commentary that follows.
- ANET’s Price-to-Earnings (P/E) ratio of 39.85 is very high. This often means that its current market price reflects high investor confidence in its future earnings potential, but it could also suggest the stock is expensive relative to its current earnings power.
- SNPS’s Forward PEG ratio of -0.35 is negative. Such a figure commonly arises from negative earnings or forecasts of diminishing profitability, making standard valuation comparisons based on growth particularly challenging.
| Symbol | ANET | SNPS |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 39.85 | 35.45 |
| Forward PEG Ratio (TTM) | 1.84 | -0.35 |
| Price-to-Sales Ratio (P/S, TTM) | 16.17 | 12.35 |
| Price-to-Book Ratio (P/B, TTM) | 11.92 | 7.73 |
| EV-to-EBITDA (TTM) | 36.97 | 49.05 |
| EV-to-Sales (TTM) | 15.93 | 11.80 |
Dividend Comparison
Neither ANET nor SNPS currently pays a dividend; this often suggests they are reinvesting earnings for growth, prioritizing long-term expansion over immediate cash returns to shareholders.
| Symbol | ANET | SNPS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
Financial Strength Metrics Comparison
Explore the financial strength details for ANET and SNPS in the table below.
| Symbol | ANET | SNPS |
|---|---|---|
| Current Ratio (TTM) | 3.93 | 7.02 |
| Quick Ratio (TTM) | 3.31 | 6.85 |
| Debt-to-Equity Ratio (TTM) | -- | 1.08 |
| Debt-to-Asset Ratio (TTM) | -- | 0.45 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.58 | -2.26 |
| Interest Coverage Ratio (TTM) | -- | -18.07 |