COMP <GO>
CDNS vs GOOG // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Cadence Design Systems Inc. (NASDAQ) VS. Alphabet Inc. (NASDAQ) • 15-METRIC TALLY: CDNS 2
— GOOG 11
■ METRIC PARITY
LAST: $327.89 (-4.34%) • MKT CAP: $94.04B
options-implied-move
7.40%
LAST: $278.22 (-1.45%) • MKT CAP: $3.47T
options-implied-move
7.40%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CDNS VS. GOOG)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CDNS | GOOG | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 62.00% | 59.70% | +2.30 | CDNS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 15.70% | 23.60% | -7.90 | GOOG | /roic <GO> |
| EV/EBITDA & P/E Valuation | 58.0x | 16.9x | +41.10 | GOOG | /valuation <GO> |
| Free Cash Flow Yield | 1.69% | 2.11% | -0.42 | GOOG | /fcf-yield <GO> |
| Operating Margin | 28.20% | 32.00% | -3.80 | GOOG | /operating-margins <GO> |
| Net Profit Margin | 20.90% | 32.80% | -11.90 | GOOG | /net-margins <GO> |
| Revenue Growth (YoY) | 14.10% | 15.10% | -1.00 | GOOG | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.29% | -0.29 | GOOG | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 13.92 | 13.93 | -0.01 | GOOG | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 9/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | 7.40% | 7.40% | 0.00 | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 49.5 | 21.1 | +28.38 | CDNS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.14 | 1.16 | -0.02 | GOOG | /macro-sensitivity <GO> |
| Forward P/E Multiple | 71.2x | 22.1x | +49.10 | GOOG | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $94.04B | $3.47T | -$3.38T | GOOG | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CDNS REV | GOOG REV | CDNS GROSS % | GOOG GROSS % | CDNS FCF | GOOG FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $5.30B | $402.84B | 44.0% | 59.7% | $1.59B | $73.27B |
| FY 2024 | $4.64B | $350.02B | 44.0% | 58.2% | $1.12B | $72.76B |
| FY 2023 | $4.09B | $307.39B | 44.0% | 44.0% | $1.17B | $87.91B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CDNS // BETA 1.14
GOOG // BETA 1.16