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CREDO TECHNOLOGY GROUP HOLDI (CRDO) Stock Fundamental Analysis

USA - NASDAQ:CRDO - KYG254571055 - Common Stock

149.63 USD
+4.72 (+3.26%)
Last: 10/2/2025, 8:00:01 PM
150.51 USD
+0.88 (+0.59%)
After Hours: 10/2/2025, 8:00:01 PM
Fundamental Rating

6

Overall CRDO gets a fundamental rating of 6 out of 10. We evaluated CRDO against 112 industry peers in the Semiconductors & Semiconductor Equipment industry. CRDO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. CRDO is not overvalued while it is showing excellent growth. This is an interesting combination. This makes CRDO very considerable for growth investing!


Dividend Valuation Growth Profitability Health

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6

1. Profitability

1.1 Basic Checks

In the past year CRDO was profitable.
CRDO had a positive operating cash flow in the past year.
CRDO had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CRDO reported negative operating cash flow in multiple years.
CRDO Yearly Net Income VS EBIT VS OCF VS FCFCRDO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 2025 0 20M -20M 40M -40M 60M

1.2 Ratios

Looking at the Return On Assets, with a value of 13.82%, CRDO belongs to the top of the industry, outperforming 86.61% of the companies in the same industry.
CRDO has a Return On Equity of 16.01%. This is amongst the best in the industry. CRDO outperforms 82.14% of its industry peers.
CRDO's Return On Invested Capital of 11.22% is amongst the best of the industry. CRDO outperforms 82.14% of its industry peers.
Industry RankSector Rank
ROA 13.82%
ROE 16.01%
ROIC 11.22%
ROA(3y)-0.81%
ROA(5y)-5.2%
ROE(3y)-0.78%
ROE(5y)-5.66%
ROIC(3y)N/A
ROIC(5y)N/A
CRDO Yearly ROA, ROE, ROICCRDO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 2025 0 5 -5 -10 -15

1.3 Margins

CRDO has a better Profit Margin (20.85%) than 83.93% of its industry peers.
Looking at the Operating Margin, with a value of 18.86%, CRDO is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
In the last couple of years the Operating Margin of CRDO has grown nicely.
Looking at the Gross Margin, with a value of 65.98%, CRDO belongs to the top of the industry, outperforming 88.39% of the companies in the same industry.
CRDO's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 18.86%
PM (TTM) 20.85%
GM 65.98%
OM growth 3YN/A
OM growth 5Y17.38%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.53%
GM growth 5Y-5.44%
CRDO Yearly Profit, Operating, Gross MarginsCRDO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60 80

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8

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CRDO is destroying value.
Compared to 1 year ago, CRDO has more shares outstanding
The number of shares outstanding for CRDO has been increased compared to 5 years ago.
CRDO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
CRDO Yearly Shares OutstandingCRDO Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 2025 50M 100M 150M
CRDO Yearly Total Debt VS Total AssetsCRDO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

2.2 Solvency

An Altman-Z score of 123.47 indicates that CRDO is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 123.47, CRDO belongs to the best of the industry, outperforming 99.11% of the companies in the same industry.
CRDO has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 123.47
ROIC/WACC0.99
WACC11.38%
CRDO Yearly LT Debt VS Equity VS FCFCRDO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

2.3 Liquidity

A Current Ratio of 7.41 indicates that CRDO has no problem at all paying its short term obligations.
CRDO has a Current ratio of 7.41. This is amongst the best in the industry. CRDO outperforms 86.61% of its industry peers.
A Quick Ratio of 6.34 indicates that CRDO has no problem at all paying its short term obligations.
CRDO has a better Quick ratio (6.34) than 86.61% of its industry peers.
Industry RankSector Rank
Current Ratio 7.41
Quick Ratio 6.34
CRDO Yearly Current Assets VS Current LiabilitesCRDO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2025 200M 400M 600M

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8

3. Growth

3.1 Past

CRDO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 643.75%, which is quite impressive.
CRDO shows a strong growth in Revenue. In the last year, the Revenue has grown by 175.81%.
The Revenue has been growing by 52.02% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)643.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1200%
Revenue 1Y (TTM)175.81%
Revenue growth 3Y60.07%
Revenue growth 5Y52.02%
Sales Q2Q%273.57%

3.2 Future

CRDO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 37.66% yearly.
The Revenue is expected to grow by 28.62% on average over the next years. This is a very strong growth
EPS Next Y197.99%
EPS Next 2Y92.73%
EPS Next 3Y65.49%
EPS Next 5Y37.66%
Revenue Next Year125.94%
Revenue Next 2Y69.28%
Revenue Next 3Y53.11%
Revenue Next 5Y28.62%

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
CRDO Yearly Revenue VS EstimatesCRDO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B
CRDO Yearly EPS VS EstimatesCRDO Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3

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4

4. Valuation

4.1 Price/Earnings Ratio

CRDO is valuated quite expensively with a Price/Earnings ratio of 125.74.
CRDO's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.86. CRDO is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 56.73, which means the current valuation is very expensive for CRDO.
The rest of the industry has a similar Price/Forward Earnings ratio as CRDO.
When comparing the Price/Forward Earnings ratio of CRDO to the average of the S&P500 Index (23.29), we can say CRDO is valued expensively.
Industry RankSector Rank
PE 125.74
Fwd PE 56.73
CRDO Price Earnings VS Forward Price EarningsCRDO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as CRDO.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CRDO is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 276.95
EV/EBITDA 178.43
CRDO Per share dataCRDO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4

4.3 Compensation for Growth

CRDO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CRDO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CRDO's earnings are expected to grow with 65.49% in the coming years.
PEG (NY)0.64
PEG (5Y)N/A
EPS Next 2Y92.73%
EPS Next 3Y65.49%

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0

5. Dividend

5.1 Amount

No dividends for CRDO!.
Industry RankSector Rank
Dividend Yield N/A

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CREDO TECHNOLOGY GROUP HOLDI

NASDAQ:CRDO (10/2/2025, 8:00:01 PM)

After market: 150.51 +0.88 (+0.59%)

149.63

+4.72 (+3.26%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)09-03 2025-09-03/amc
Earnings (Next)12-01 2025-12-01/amc
Inst Owners75.3%
Inst Owner ChangeN/A
Ins Owners11.8%
Ins Owner Change-3.58%
Market Cap25.89B
Analysts83.16
Price Target150.8 (0.78%)
Short Float %4.68%
Short Ratio1.43
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.53%
Min EPS beat(2)24.38%
Max EPS beat(2)40.67%
EPS beat(4)4
Avg EPS beat(4)32.04%
Min EPS beat(4)24.38%
Max EPS beat(4)40.67%
EPS beat(8)7
Avg EPS beat(8)85.69%
EPS beat(12)9
Avg EPS beat(12)56.38%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)9.36%
Min Revenue beat(2)4.08%
Max Revenue beat(2)14.64%
Revenue beat(4)4
Avg Revenue beat(4)8.67%
Min Revenue beat(4)4.08%
Max Revenue beat(4)14.64%
Revenue beat(8)5
Avg Revenue beat(8)4.03%
Revenue beat(12)7
Avg Revenue beat(12)2.63%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)43.52%
PT rev (3m)75.11%
EPS NQ rev (1m)23.95%
EPS NQ rev (3m)27.85%
EPS NY rev (1m)28.77%
EPS NY rev (3m)35.29%
Revenue NQ rev (1m)16.14%
Revenue NQ rev (3m)18.45%
Revenue NY rev (1m)15.58%
Revenue NY rev (3m)18.88%
Valuation
Industry RankSector Rank
PE 125.74
Fwd PE 56.73
P/S 43.13
P/FCF 276.95
P/OCF 204.65
P/B 33.13
P/tB 33.13
EV/EBITDA 178.43
EPS(TTM)1.19
EY0.8%
EPS(NY)2.64
Fwd EY1.76%
FCF(TTM)0.54
FCFY0.36%
OCF(TTM)0.73
OCFY0.49%
SpS3.47
BVpS4.52
TBVpS4.52
PEG (NY)0.64
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 13.82%
ROE 16.01%
ROCE 14.21%
ROIC 11.22%
ROICexc 28.2%
ROICexgc 28.2%
OM 18.86%
PM (TTM) 20.85%
GM 65.98%
FCFM 15.57%
ROA(3y)-0.81%
ROA(5y)-5.2%
ROE(3y)-0.78%
ROE(5y)-5.66%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y0.75%
ROICexc growth 3YN/A
ROICexc growth 5Y0.75%
OM growth 3YN/A
OM growth 5Y17.38%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.53%
GM growth 5Y-5.44%
F-Score7
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 142.54%
Cap/Sales 5.5%
Interest Coverage 250
Cash Conversion 92.76%
Profit Quality 74.7%
Current Ratio 7.41
Quick Ratio 6.34
Altman-Z 123.47
F-Score7
WACC11.38%
ROIC/WACC0.99
Cap/Depr(3y)168.77%
Cap/Depr(5y)229.26%
Cap/Sales(3y)9.38%
Cap/Sales(5y)11%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)643.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1200%
EPS Next Y197.99%
EPS Next 2Y92.73%
EPS Next 3Y65.49%
EPS Next 5Y37.66%
Revenue 1Y (TTM)175.81%
Revenue growth 3Y60.07%
Revenue growth 5Y52.02%
Sales Q2Q%273.57%
Revenue Next Year125.94%
Revenue Next 2Y69.28%
Revenue Next 3Y53.11%
Revenue Next 5Y28.62%
EBIT growth 1Y411.36%
EBIT growth 3YN/A
EBIT growth 5Y78.45%
EBIT Next Year318.74%
EBIT Next 3Y90.7%
EBIT Next 5Y43.8%
FCF growth 1Y1078.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y935.93%
OCF growth 3YN/A
OCF growth 5YN/A