PRGS vs. CDNS
Compare and contrast key facts about Progress Software Corporation (PRGS) and Cadence Design Systems, Inc. (CDNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRGS or CDNS.
Performance
PRGS vs. CDNS - Performance Comparison
Returns By Period
In the year-to-date period, PRGS achieves a 23.04% return, which is significantly higher than CDNS's 8.06% return. Over the past 10 years, PRGS has underperformed CDNS with an annualized return of 11.27%, while CDNS has yielded a comparatively higher 32.02% annualized return.
PRGS
23.04%
0.38%
28.95%
26.28%
10.76%
11.27%
CDNS
8.06%
13.85%
0.63%
9.71%
34.29%
32.02%
Fundamentals
PRGS | CDNS | |
---|---|---|
Market Cap | $2.94B | $81.67B |
EPS | $1.87 | $3.79 |
PE Ratio | 36.65 | 78.57 |
PEG Ratio | 6.20 | 2.99 |
Total Revenue (TTM) | $715.42M | $4.35B |
Gross Profit (TTM) | $554.11M | $4.10B |
EBITDA (TTM) | $239.71M | $1.19B |
Key characteristics
PRGS | CDNS | |
---|---|---|
Sharpe Ratio | 0.96 | 0.30 |
Sortino Ratio | 1.99 | 0.70 |
Omega Ratio | 1.22 | 1.08 |
Calmar Ratio | 1.20 | 0.42 |
Martin Ratio | 2.89 | 0.90 |
Ulcer Index | 8.73% | 11.42% |
Daily Std Dev | 26.35% | 34.08% |
Max Drawdown | -67.33% | -93.13% |
Current Drawdown | -3.46% | -9.85% |
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Correlation
The correlation between PRGS and CDNS is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
PRGS vs. CDNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Progress Software Corporation (PRGS) and Cadence Design Systems, Inc. (CDNS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PRGS vs. CDNS - Dividend Comparison
PRGS's dividend yield for the trailing twelve months is around 1.06%, while CDNS has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
Progress Software Corporation | 1.06% | 1.29% | 1.39% | 1.45% | 1.48% | 1.52% | 1.62% | 1.21% | 0.39% |
Cadence Design Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRGS vs. CDNS - Drawdown Comparison
The maximum PRGS drawdown since its inception was -67.33%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for PRGS and CDNS. For additional features, visit the drawdowns tool.
Volatility
PRGS vs. CDNS - Volatility Comparison
The current volatility for Progress Software Corporation (PRGS) is 5.76%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 15.39%. This indicates that PRGS experiences smaller price fluctuations and is considered to be less risky than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PRGS vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Progress Software Corporation and Cadence Design Systems, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities