SNPS:NGS-Synopsys Inc. (USD)

EQUITY | Software - Infrastructure | Nasdaq Global Select

Last Closing

USD 490.07

Change

+1.12 (+0.23)%

Market Cap

USD 9.28B

Volume

0.96M

Analyst Target

USD 228.36
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Synopsys Inc is a provider of software, intellectual property and services used to design integrated circuits and electronics systems. It also provides software & services used to develop electronic systems that incorporate chips.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-13 )

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ETFs Containing SNPS

TECI:CA TD Global Technology Inno.. 5.61 % 0.00 %

-0.06 (-0.63%)

CAD 6.04M
DX2D:XETRA Xtrackers - LPX Private E.. 4.61 % 0.00 %

+1.32 (+-0.63%)

USD 0.36B
EGUSAS:SW UBS (Irl) Fund Solutions .. 4.41 % 0.00 %

+0.05 (+-0.63%)

USD 0.08B
DCCHAS:SW UBS (Irl) Fund Solutions .. 4.36 % 0.00 %

+0.23 (+-0.63%)

USD 0.07B
DCUSAS:SW UBS (Irl) Fund Solutions .. 4.36 % 0.00 %

N/A

N/A
DCEUAS:SW UBS (Irl) Fund Solutions .. 4.36 % 0.00 %

N/A

N/A
DCGBAS:SW UBS (Irl) Fund Solutions .. 4.36 % 0.00 %

N/A

N/A
AIBU Direxion Shares ETF Trust 3.83 % 0.00 %

-0.18 (-0.63%)

N/A
WUGI 3.64 % 0.00 %

N/A

N/A
FGGE:CA Franklin Global Growth Fu.. 3.59 % 0.00 %

N/A

CAD 0.02B
FINO:CA Franklin Innovation Fund .. 2.84 % 0.00 %

+0.42 (+-0.63%)

CAD 5.85M
BIBL Northern Lights Fund Trus.. 2.04 % 0.35 %

+0.06 (+-0.63%)

USD 0.34B
IGV 0.00 % 0.46 %

N/A

N/A
JMIN 0.00 % 0.12 %

N/A

N/A
PQLC 0.00 % 0.00 %

N/A

N/A
DRFU:CA Desjardins RI USA Multifa.. 0.00 % 0.57 %

N/A

CAD 5.97M
SMRG:LSE 0.00 % 0.00 %

N/A

N/A
HTA-U:CA Harvest Tech Achievers Gr.. 0.00 % 0.00 %

-0.01 (-0.63%)

N/A
BTEK 0.00 % 0.00 %

N/A

N/A
SWAR 0.00 % 0.00 %

N/A

N/A
HDGE AdvisorShares Ranger Equi.. -0.92 % 2.52 %

-0.09 (-0.63%)

USD 0.08B

Market Performance

  Market Performance vs. Industry/Classification (Software - Infrastructure) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.82% 52% F 43% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -4.82% 52% F 42% F
Trailing 12 Months  
Capital Gain 8.44% 56% F 60% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.44% 56% F 56% F
Trailing 5 Years  
Capital Gain 263.99% 92% A 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 263.99% 92% A 93% A
Average Annual (5 Year Horizon)  
Capital Gain 37.60% 83% B 87% B+
Dividend Return 37.60% 83% B 86% B+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 25.40% 86% B+ 69% C-
Risk Adjusted Return 148.03% 100% F 100% F
Market Capitalization 9.28B 97% N/A 99% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Software - Infrastructure) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 39.10 33% 21%
Price/Book Ratio 9.59 28% 12%
Price / Cash Flow Ratio 43.07 11% 6%
Price/Free Cash Flow Ratio 39.08 21% 8%
Management Effectiveness  
Return on Equity 21.82% 86% 91%
Return on Invested Capital 20.26% 85% 88%
Return on Assets 8.62% 86% 93%
Debt to Equity Ratio 0.29% 80% 87%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
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 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.

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.

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 equity

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

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.

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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

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 compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.