SNPS:NSD-Synopsys, Inc (USD)

COMMON STOCK | Software-Infrastructure | NSD

Last Closing Price

USD 261.85

Change

+0.84 (+0.32)%

Market Cap

USD 39.77B

Volume

0.53M

Average Target Price

USD 294.69 (+12.54%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. It offers Fusion Design Platform, a digital design implementation solution; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. The company also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating point components, and Arm AMBA interconnect fabric and peripherals. In addition, it offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, the company provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, it offers security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle; manufacturing solutions; and professional and other services. It has a collaboration with IBM Research's AI Hardware Center to advance the development of chip architectures and design methodologies critical to the next generation of AI chips. Synopsys, Inc. was founded in 1986 and is headquartered in Mountain View, California.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

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ETFs Containing SNPS

Symbol Name Weight Mer Price(Change) Market Cap
DEF Invesco Defensive Equity .. 0.00 % 0.53 %

+0.30 (+0.48%)

USD0.24B
FLLV Franklin Liberty U.S. Low.. 0.00 % 0.29 %

+0.28 (+0.62%)

USD0.12B
KLDW Knowledge Leaders Develop.. 0.00 % 0.75 %

+0.31 (+0.69%)

USD0.17B
QQEW First Trust NASDAQ-100 Eq.. 0.00 % 0.59 %

+0.05 (+0.05%)

USD1.23B
QQQE Direxion NASDAQ-100 Equal.. 0.00 % 0.35 %

+0.13 (+0.16%)

USD0.36B
QTEC First Trust NASDAQ-100-Te.. 0.00 % 0.57 %

+0.11 (+0.07%)

USD3.37B
XSW SPDR S&P Software & Servi.. 0.00 % 0.35 %

+0.21 (+0.13%)

USD0.50B
ENTR ERShares Entrepreneur 30 .. 0.00 % 0.49 %

-0.05 (-0.21%)

USD0.15B
ROBT First Trust Nasdaq Artifi.. 0.00 % 0.65 %

+0.15 (+0.28%)

USD0.23B
TLF:CA Brompton Tech Leaders Inc.. 0.00 % 0.75 %

+0.15 (+0.74%)

USD0.06B
DRFU:CA Desjardins RI USA Multifa.. 0.00 % 0.50 %

N/A

USD5.97M
WTAI:LSE WisdomTree Artificial Int.. 0.00 % 0.40 %

-0.08 (-0.13%)

USD0.45B
EL41:F Deka MSCI USA MC UCITS ET.. 0.00 % 0.30 %

+0.08 (+0.35%)

USD0.03B

Market Performance

  Market Performance vs.
Industry/Classification (Software-Infrastructure)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.01% 55% F 35% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.01% 55% F 33% F
Trailing 12 Months  
Capital Gain 91.72% 64% D 66% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 91.72% 64% D 65% D
Trailing 5 Years  
Capital Gain 442.81% 85% B 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 442.81% 85% B 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 39.73% 71% C- 84% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 39.73% 69% D+ 84% B
Risk Return Profile  
Volatility (Standard Deviation) 21.51% 80% B- 71% C-
Risk Adjusted Return 184.68% 95% A 99% A+
Market Capitalization 39.77B 96% A 97% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Software-Infrastructure)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 56.43 51% F 22% F
Price/Book Ratio 7.93 52% F 23% F
Price / Cash Flow Ratio 40.12 27% F 12% F
EV/EBITDA 41.33 42% F 26% F
Management Effectiveness  
Return on Equity 15.96% 90% A- 88% B+
Return on Invested Capital 14.73% 87% B+ 87% B+
Return on Assets 5.82% 83% B 87% B+
Debt to Equity Ratio 2.05% 88% B+ 85% B
Technical Ratios  
Short Ratio 1.37 80% B- 62% D-
Short Percent 1.34% 86% B 75% C
Beta 1.07 56% F 56% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector