WallStreetZenWallStreetZen

NASDAQ: CRDO
Credo Technology Group Holding Ltd Stock

$18.17+0.39 (+2.19%)
Updated Apr 25, 2024
CRDO Price
$18.17
Fair Value Price
N/A
Market Cap
$2.97B
52 Week Low
$7.20
52 Week High
$23.90
P/E
-79x
P/B
5.56x
P/S
19.94x
PEG
N/A
Dividend Yield
N/A
Revenue
$164.28M
Earnings
-$33.83M
Gross Margin
59.7%
Operating Margin
-21.13%
Profit Margin
-20.6%
Debt to Equity
0.11
Operating Cash Flow
$17M
Beta
1.6
Next Earnings
May 29, 2024
Ex-Dividend
N/A
Next Dividend
N/A

CRDO Overview

Credo Technology Group Holding Ltd. provides high-speed connectivity solutions for optical and electrical Ethernet applications in the U.S. and internationally. Offerings include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions (SerDes IP licensing). The company was founded in 2008 and is headquartered in San Jose, CA.

Zen Score

Industry Average (29)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how CRDO scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CRDO is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CRDO is poor value based on its book value relative to its share price (5.56x), compared to the US Communication Equipment industry average (2.69x)
P/B vs Industry Valuation
CRDO is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more CRDO due diligence checks available for Premium users.

Be the first to know about important CRDO news, forecast changes, insider trades & much more!

CRDO News

Valuation

CRDO fair value

Fair Value of CRDO stock based on Discounted Cash Flow (DCF)
Price
$18.17
Fair Value
$22.71
Undervalued by
19.99%
CRDO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CRDO price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-79x
Industry
10.86x
Market
40.97x

CRDO price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
5.56x
Industry
2.69x
CRDO is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CRDO's financial health

Profit margin

Revenue
$53.1M
Net Income
$428.0k
Profit Margin
0.8%
CRDO's Earnings (EBIT) of -$34.72M... subscribe to Premium to read more.
Interest Coverage Financials
CRDO's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$592.5M
Liabilities
$58.5M
Debt to equity
0.11
CRDO's short-term assets ($511.44M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CRDO's short-term assets ($511.44M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CRDO's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$1.0M
Investing
-$206.6M
Financing
$174.6M
CRDO's operating cash flow ($16.74M)... subscribe to Premium to read more.
Debt Coverage Financials

CRDO vs Communication Equipment Stocks

TickerMarket Cap1d %P/EP/B
CRDO$2.97B+2.19%-79.00x5.56x
LITE$2.83B-0.12%-10.66x2.22x
BDC$3.41B-0.43%14.42x2.92x
VSAT$1.92B-4.90%1.97x0.38x
VIAV$1.77B-0.25%398.50x2.44x

Credo Technology Group Holding Stock FAQ

What is Credo Technology Group Holding's quote symbol?

(NASDAQ: CRDO) Credo Technology Group Holding trades on the NASDAQ under the ticker symbol CRDO. Credo Technology Group Holding stock quotes can also be displayed as NASDAQ: CRDO.

If you're new to stock investing, here's how to buy Credo Technology Group Holding stock.

What is the 52 week high and low for Credo Technology Group Holding (NASDAQ: CRDO)?

(NASDAQ: CRDO) Credo Technology Group Holding's 52-week high was $23.90, and its 52-week low was $7.20. It is currently -23.97% from its 52-week high and 152.54% from its 52-week low.

How much is Credo Technology Group Holding stock worth today?

(NASDAQ: CRDO) Credo Technology Group Holding currently has 163,290,614 outstanding shares. With Credo Technology Group Holding stock trading at $18.17 per share, the total value of Credo Technology Group Holding stock (market capitalization) is $2.97B.

Credo Technology Group Holding stock was originally listed at a price of $11.65 in Jan 27, 2022. If you had invested in Credo Technology Group Holding stock at $11.65, your return over the last 2 years would have been 55.97%, for an annualized return of 24.89% (not including any dividends or dividend reinvestments).

How much is Credo Technology Group Holding's stock price per share?

(NASDAQ: CRDO) Credo Technology Group Holding stock price per share is $18.17 today (as of Apr 25, 2024).

What is Credo Technology Group Holding's Market Cap?

(NASDAQ: CRDO) Credo Technology Group Holding's market cap is $2.97B, as of Apr 27, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Credo Technology Group Holding's market cap is calculated by multiplying CRDO's current stock price of $18.17 by CRDO's total outstanding shares of 163,290,614.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.