Not just candela, also lumens matter.
If you have a 1mm^2 LED making 1000 lumens or a 2mm^2 LED making 2000lm they will have the same intensty and cd/mm^2 giving the same throw (assuming same polar distribution and other stuff).
The second LED will have a beam 2x brighter (initially) because of double the lumens.
The down side is that the beam will diverge more too due to the larger LED area.