BMNR vs. CDNS: Bitmine Immersion vs. Cadence Design Systems Stock Comparison

Company Profile

Bitmine Immersion (BMNR) and Cadence Design Systems (CDNS) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.

Cadence Design Systems (CDNS) carries decades of public-market history since June 10, 1987, while Bitmine Immersion (BMNR) listed on June 5, 2025 — long-window comparisons have far more historical data on the CDNS side.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Bitmine Immersion (BMNR) reports a negative ROE of -150.91%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Cadence Design Systems (CDNS) reports 22.87%, ranking against industry peers normally.

Cadence Design Systems (CDNS) at 22.52% retains a top-quartile share of revenue as profit, ahead of Bitmine Immersion (BMNR) at 0.00%, which keeps about the industry-typical share.

Cadence Design Systems (CDNS) at 28.93% operates in the top operating margin quartile, ahead of Bitmine Immersion (BMNR) at 8.42%, which runs around its industry’s norm.

Profitability Metrics

Growth

Bitmine Immersion (BMNR) at 84.14% clears its industry range for revenue growth, far stronger top-line momentum than Cadence Design Systems (CDNS) at 14.12%, which is closer to a typical peer reading.

Only one side can be read here: Cadence Design Systems (CDNS) reports EPS growth of 5.45%, ranked against its industry; Bitmine Immersion (BMNR) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Cadence Design Systems (CDNS) at 1.36 keeps current ratio within its industry’s typical mid-range, while Bitmine Immersion (BMNR) at 36.68 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Bitmine Immersion (BMNR) at 0.00 keeps leverage in the lower industry quartile, while Cadence Design Systems (CDNS) at 0.41 runs a more typical debt-to-equity mix.

Financial Strength Metrics

Dividends

Cadence Design Systems (CDNS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bitmine Immersion (BMNR) reports a yield of 0.05%, ranking against industry peers normally.

Neither Bitmine Immersion (BMNR) nor Cadence Design Systems (CDNS) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: Cadence Design Systems (CDNS) trades at 63.60 times trailing earnings, ranked against its peers, while Bitmine Immersion (BMNR) has no P/E ratio this period.

Both look expensive on sales: Cadence Design Systems (CDNS) at 14.31 sits in the upper P/S ratio quartile, and Bitmine Immersion (BMNR) at 184.93 prices even higher, above its industry range.

Bitmine Immersion (BMNR) at 0.94 looks cheap against book in the lower P/B ratio quartile, while Cadence Design Systems (CDNS) at 12.77 carries a premium in the upper quartile — a clear price-to-book gap.

Valuation Metrics