APP vs. CDNS: A Head-to-Head Stock Comparison
UpdatedHere’s a clear look at APP 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
APP (121.26 billion USD) and CDNS (86.70 billion USD) sit neck-and-neck in market cap terms.
APP rides a wilder wave with a beta of 2.39, hinting at bigger swings than CDNS’s steadier 1.04.
| Symbol | APP | CDNS |
|---|---|---|
| Company Name | AppLovin Corporation | Cadence Design Systems, Inc. |
| Country | US | US |
| Sector | Technology | Technology |
| Industry | Software - Application | Software - Application |
| CEO | Mr. Adam Arash Foroughi | Dr. Anirudh Devgan Ph.D. |
| Price | 358.35 USD | 317.55 USD |
| Market Cap | 121.26 billion USD | 86.70 billion USD |
| Beta | 2.392 | 1.045 |
| Exchange | NASDAQ | NASDAQ |
| IPO Date | April 15, 2021 | June 10, 1987 |
| ADR | No | No |
Performance Comparison
This chart compares the performance of APP 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 APP and CDNS, please refer to the table below.
| Symbol | APP | CDNS |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 63.43 | 79.86 |
| Forward PEG Ratio (TTM) | 2.43 | 11.04 |
| Price-to-Sales Ratio (P/S, TTM) | 23.61 | 17.79 |
| Price-to-Book Ratio (P/B, TTM) | 211.64 | 18.08 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 47.87 | 62.91 |
| EV-to-EBITDA (TTM) | 47.30 | 52.69 |
| EV-to-Sales (TTM) | 24.23 | 17.73 |
| EV-to-Free Cash Flow (TTM) | 49.12 | 62.69 |
Dividend Comparison
Neither APP nor CDNS pays dividends, suggesting both reinvest all profits into growth—likely expansion or innovation—favoring long-term value over immediate income.
| Symbol | APP | CDNS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
Financial Strength Metrics Comparison
This section dives into the financial resilience of APP and CDNS, spotlighting key metrics like liquidity, leverage, and debt coverage. Check out the standout observations below where notable differences or extremes pop up.
- APP racks up a D/E of 6.45 over 3.0, leaning hard into debt and flirting with higher risk. Meanwhile, CDNS clocks in at 0.52, staying on firmer ground.
| Symbol | APP | CDNS |
|---|---|---|
| Current Ratio (TTM) | 1.68 | 3.07 |
| Quick Ratio (TTM) | 1.68 | 2.90 |
| Debt-to-Equity Ratio (TTM) | 6.45 | 0.52 |
| Debt-to-Assets Ratio (TTM) | 0.65 | 0.27 |
| Interest Coverage Ratio (TTM) | 7.41 | 21.78 |