132.95 USD
-7.29 (-5.2%)
132 USD
-0.95 (-0.71%)
Taking everything into account, CRDO scores 7 out of 10 in our fundamental rating. CRDO was compared to 113 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 priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make CRDO suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year CRDO was profitable.
In the past year CRDO had a positive cash flow from operations.
In the past 5 years CRDO reported 4 times negative net income.
In multiple years CRDO reported negative operating cash flow during the last 5 years.
1.2 Ratios
CRDO's Return On Assets of 14.63% is amongst the best of the industry. CRDO outperforms 89.38% of its industry peers.
CRDO has a better Return On Equity (16.48%) than 81.42% of its industry peers.
CRDO has a Return On Invested Capital of 12.09%. This is amongst the best in the industry. CRDO outperforms 84.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.63% | ||
| ROE | 16.48% | ||
| ROIC | 12.09% |
ROA(3y)-0.81%
ROA(5y)-5.2%
ROE(3y)-0.78%
ROE(5y)-5.66%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CRDO has a better Profit Margin (26.63%) than 83.19% of its industry peers.
CRDO has a Operating Margin of 25.17%. This is amongst the best in the industry. CRDO outperforms 83.19% of its industry peers.
CRDO's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 66.76%, CRDO belongs to the best of the industry, outperforming 90.27% of the companies in the same industry.
CRDO's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.17% | ||
| PM (TTM) | 26.63% | ||
| GM | 66.76% |
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CRDO is still creating some value.
CRDO has more shares outstanding than it did 1 year ago.
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.
2.2 Solvency
CRDO has an Altman-Z score of 90.27. This indicates that CRDO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 90.27, CRDO belongs to the best of the industry, outperforming 98.23% of the companies in the same industry.
There is no outstanding debt for CRDO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 90.27 |
ROIC/WACC1.11
WACC10.86%
2.3 Liquidity
CRDO has a Current Ratio of 8.86. This indicates that CRDO is financially healthy and has no problem in meeting its short term obligations.
CRDO's Current ratio of 8.86 is amongst the best of the industry. CRDO outperforms 92.04% of its industry peers.
CRDO has a Quick Ratio of 7.79. This indicates that CRDO is financially healthy and has no problem in meeting its short term obligations.
CRDO has a better Quick ratio (7.79) than 92.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.86 | ||
| Quick Ratio | 7.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 713.64% over the past year.
CRDO shows a strong growth in Revenue. In the last year, the Revenue has grown by 224.17%.
Measured over the past years, CRDO shows a very strong growth in Revenue. The Revenue has been growing by 52.02% on average per year.
EPS 1Y (TTM)713.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%857.14%
Revenue 1Y (TTM)224.17%
Revenue growth 3Y60.07%
Revenue growth 5Y52.02%
Sales Q2Q%272.08%
3.2 Future
Based on estimates for the next years, CRDO will show a very strong growth in Earnings Per Share. The EPS will grow by 47.44% on average per year.
Based on estimates for the next years, CRDO will show a very strong growth in Revenue. The Revenue will grow by 42.14% on average per year.
EPS Next Y298.82%
EPS Next 2Y128.94%
EPS Next 3Y86.47%
EPS Next 5Y47.44%
Revenue Next Year178.28%
Revenue Next 2Y95.9%
Revenue Next 3Y70.95%
Revenue Next 5Y42.14%
3.3 Evolution
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 74.27, CRDO can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as CRDO.
When comparing the Price/Earnings ratio of CRDO to the average of the S&P500 Index (27.17), we can say CRDO is valued expensively.
A Price/Forward Earnings ratio of 35.73 indicates a quite expensive valuation of 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 (23.79), we can say CRDO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 74.27 | ||
| Fwd PE | 35.73 |
4.2 Price Multiples
CRDO's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as CRDO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 167.22 | ||
| EV/EBITDA | 101.96 |
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.
CRDO's earnings are expected to grow with 86.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y128.94%
EPS Next 3Y86.47%
5. Dividend
5.1 Amount
CRDO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
132.95
-7.29 (-5.2%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners74.11%
Inst Owner ChangeN/A
Ins Owners11.28%
Ins Owner Change-4.42%
Market Cap24.01B
Revenue(TTM)796.13M
Net Income(TTM)211.98M
Analysts84.55
Price Target222.03 (67%)
Short Float %4.07%
Short Ratio1.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)37.09%
Min EPS beat(2)33.51%
Max EPS beat(2)40.67%
EPS beat(4)4
Avg EPS beat(4)33.04%
Min EPS beat(4)24.38%
Max EPS beat(4)40.67%
EPS beat(8)7
Avg EPS beat(8)27.15%
EPS beat(12)10
Avg EPS beat(12)62.36%
EPS beat(16)13
Avg EPS beat(16)167.3%
Revenue beat(2)2
Avg Revenue beat(2)13.25%
Min Revenue beat(2)11.86%
Max Revenue beat(2)14.64%
Revenue beat(4)4
Avg Revenue beat(4)10.2%
Min Revenue beat(4)4.08%
Max Revenue beat(4)14.64%
Revenue beat(8)5
Avg Revenue beat(8)5.37%
Revenue beat(12)8
Avg Revenue beat(12)3.68%
Revenue beat(16)10
Avg Revenue beat(16)3.11%
PT rev (1m)32.65%
PT rev (3m)47.23%
EPS NQ rev (1m)-1.51%
EPS NQ rev (3m)56.69%
EPS NY rev (1m)33.5%
EPS NY rev (3m)33.83%
Revenue NQ rev (1m)-0.53%
Revenue NQ rev (3m)38.28%
Revenue NY rev (1m)22.13%
Revenue NY rev (3m)23.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 74.27 | ||
| Fwd PE | 35.73 | ||
| P/S | 30.16 | ||
| P/FCF | 167.22 | ||
| P/OCF | 135.02 | ||
| P/B | 18.67 | ||
| P/tB | 20.01 | ||
| EV/EBITDA | 101.96 |
EPS(TTM)1.79
EY1.35%
EPS(NY)3.72
Fwd EY2.8%
FCF(TTM)0.8
FCFY0.6%
OCF(TTM)0.98
OCFY0.74%
SpS4.41
BVpS7.12
TBVpS6.64
PEG (NY)0.25
PEG (5Y)N/A
Graham Number16.93
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.63% | ||
| ROE | 16.48% | ||
| ROCE | 15.31% | ||
| ROIC | 12.09% | ||
| ROICexc | 31.96% | ||
| ROICexgc | 38.68% | ||
| OM | 25.17% | ||
| PM (TTM) | 26.63% | ||
| GM | 66.76% | ||
| FCFM | 18.04% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 138.44% | ||
| Cap/Sales | 4.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79% | ||
| Profit Quality | 67.75% | ||
| Current Ratio | 8.86 | ||
| Quick Ratio | 7.79 | ||
| Altman-Z | 90.27 |
F-Score6
WACC10.86%
ROIC/WACC1.11
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)713.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%857.14%
EPS Next Y298.82%
EPS Next 2Y128.94%
EPS Next 3Y86.47%
EPS Next 5Y47.44%
Revenue 1Y (TTM)224.17%
Revenue growth 3Y60.07%
Revenue growth 5Y52.02%
Sales Q2Q%272.08%
Revenue Next Year178.28%
Revenue Next 2Y95.9%
Revenue Next 3Y70.95%
Revenue Next 5Y42.14%
EBIT growth 1Y658.43%
EBIT growth 3YN/A
EBIT growth 5Y78.45%
EBIT Next Year423.45%
EBIT Next 3Y112.92%
EBIT Next 5Y62.49%
FCF growth 1Y5456.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1050.8%
OCF growth 3YN/A
OCF growth 5YN/A
CREDO TECHNOLOGY GROUP HOLDI / CRDO FAQ
What is the fundamental rating for CRDO stock?
ChartMill assigns a fundamental rating of 7 / 10 to CRDO.
What is the valuation status of CREDO TECHNOLOGY GROUP HOLDI (CRDO) stock?
ChartMill assigns a valuation rating of 4 / 10 to CREDO TECHNOLOGY GROUP HOLDI (CRDO). This can be considered as Fairly Valued.
What is the profitability of CRDO stock?
CREDO TECHNOLOGY GROUP HOLDI (CRDO) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for CRDO stock?
The Price/Earnings (PE) ratio for CREDO TECHNOLOGY GROUP HOLDI (CRDO) is 74.27 and the Price/Book (PB) ratio is 18.67.