SNPS:NGS-Synopsys Inc. (USD)

EQUITY | Software—Infrastructure | Nasdaq Global Select

Last Closing

USD 138.85

Change

+3.34 (+2.46)%

Market Cap

USD 9.28B

Volume

0.66M

Analyst Target

USD 173.42
Analyst Rating

N/A

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: 2020-04-08 )

Largest Industry Peers for Software—Infrastructure

ETFs Containing SNPS

TECI:CA TD Global Technology Inno.. 6.65 % 0.00 %

-0.11 (0%)

CAD 6.40M
QQQA ProShares Nasdaq-100 Dors.. 4.88 % 0.00 %

+0.05 (+0%)

USD 0.01B
EGUSAS:SW 4.41 % 0.00 %

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DCCHAS:SW 4.36 % 0.00 %

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DCUSAS:SW 4.36 % 0.00 %

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DCEUAS:SW 4.36 % 0.00 %

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DCGBAS:SW 4.36 % 0.00 %

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TXF-B:CA CI Tech Giants Covered Ca.. 4.08 % 0.00 %

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CAD 0.58B
TXF:CA First Asset Tech Giants C.. 4.08 % 0.72 %

-0.16 (0%)

CAD 0.60B
WUGI 3.95 % 0.00 %

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IGV 3.59 % 0.46 %

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BTEK BlackRock Future Tech ETF 3.51 % 0.00 %

+0.13 (+0%)

USD 0.01B
ARVR First Trust Indxx Metaver.. 3.30 % 0.00 %

+0.01 (+0%)

USD 1.75M
FINO:CA Franklin Innovation Fund .. 2.95 % 0.00 %

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CAD 4.13M
QQEW First Trust NASDAQ-100 Eq.. 0.00 % 0.60 %

-0.06 (0%)

USD 2.19B
QTEC First Trust NASDAQ-100-Te.. 0.00 % 0.57 %

+0.04 (+0%)

USD 4.03B
JMIN 0.00 % 0.12 %

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ROBT First Trust Nasdaq Artifi.. 0.00 % 0.65 %

-0.41 (0%)

USD 0.54B
QTUM Defiance Quantum 0.00 % 0.65 %

+0.20 (+0%)

USD 0.24B
QGRO American Century U.S. Qua.. 0.00 % 0.00 %

-0.54 (0%)

USD 1.03B
PQLC 0.00 % 0.00 %

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DRFU:CA Desjardins RI USA Multifa.. 0.00 % 0.57 %

-0.22 (0%)

CAD 5.97M
HTA:CA Tech Achievers Growth & I.. 0.00 % 1.39 %

-0.11 (0%)

CAD 0.57B
BIBL Northern Lights Fund Trus.. 0.00 % 0.35 %

+0.13 (+0%)

USD 0.37B
SMRG:LSE 0.00 % 0.00 %

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SMRU:LSE Amundi Index Solutions - .. 0.00 % 0.00 %

-2.39 (0%)

USD 0.40M
SMRT:PA 0.00 % 0.00 %

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SM8T:F 0.00 % 0.00 %

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DX2D:XETRA 0.00 % 0.00 %

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SM8T:XETRA 0.00 % 0.00 %

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

-0.08 (0%)

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SMRU:PA 0.00 % 0.00 %

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SWAR 0.00 % 0.00 %

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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 -0.25% 74% C 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.25% 73% C 85% B
Trailing 12 Months  
Capital Gain 18.99% 84% B 88% B+
Dividend Return N/A N/A N/A N/A N/A
Total Return 18.99% 84% B 87% B+
Trailing 5 Years  
Capital Gain 191.40% 87% B+ 94% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 191.40% 87% B+ 94% A
Average Annual (5 Year Horizon)  
Capital Gain 30.86% 72% C 87% B+
Dividend Return 30.86% 72% C 86% B+
Total Return N/A N/A N/A N/A F
Risk Return Profile  
Volatility (Standard Deviation) 18.76% 83% B 67% D+
Risk Adjusted Return 164.48% 94% A 99% N/A
Market Capitalization 9.28B 95% A 97% 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 56% 23%
Price/Book Ratio 4.56 52% 22%
Price / Cash Flow Ratio N/A N/A N/A
Price/Free Cash Flow Ratio 26.92 39% 18%
Management Effectiveness  
Return on Equity 12.17% 82% 78%
Return on Invested Capital N/A N/A N/A
Return on Assets 4.76% 78% 82%
Debt to Equity Ratio 2.94% 81% 84%

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 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 free cash flow

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

What to not like:
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.