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NASDAQ: CRDO
Credo Technology Group Holding Ltd Stock

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$14.94+0.44 (+3.03%)
Updated Dec 2, 2022
CRDO Price
$14.94
Fair Value Price
$15.80
Market Cap
$2.19B
52 Week Low
$8.61
52 Week High
$18.00
P/E
-498x
P/B
6.37x
P/S
11.98x
PEG
N/A
Dividend Yield
N/A
Revenue
$167.16M
Earnings
-$8.93M
Gross Margin
58.9%
Operating Margin
-5.93%
Profit Margin
-5.3%
Debt to Equity
0.2
Operating Cash Flow
-$6M
Beta
1.42
Next Earnings
N/A
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 (30)
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Due Diligence Checks

CRDO ($14.94) is undervalued by 5.47% relative to our estimate of its Fair Value price of $15.80 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CRDO ($14.94) is not significantly undervalued (5.47%) relative to our estimate of its Fair Value price of $15.80 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
CRDO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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Valuation

CRDO fair value

Fair Value of CRDO stock based on Discounted Cash Flow (DCF)
Price
$14.94
Fair Value
$15.80
Undervalued by
5.47%
CRDO ($14.94) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CRDO ($14.94) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
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
-498x
Industry
18.01x
Market
21.89x

CRDO price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
6.37x
Industry
3.48x
CRDO is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CRDO's financial health

Profit margin

Revenue
$51.4M
Net Income
-$3.4M
Profit Margin
-6.5%
CRDO's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
CRDO's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$414.0M
Liabilities
$69.9M
Debt to equity
0.2
CRDO's short-term assets ($349.81M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CRDO's short-term assets ($349.81M) 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
$1.8M
Investing
-$55.7M
Financing
$746.0k
CRDO's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CRDO vs Communication Equipment Stocks

TickerMarket Cap1d %P/EP/B
CRDO$2.19B+3.03%-498.00x6.37x
MAXR$1.92B+3.71%57.16x1.31x
VIAV$2.52B-1.85%25.34x3.89x
COMM$1.79B-2.17%-5.50x-3.32x
EXTR$2.64B+0.65%59.21x23.91x

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 $18.00, and its 52-week low was $8.61. It is currently -17% from its 52-week high and 73.52% from its 52-week low.

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

(NASDAQ: CRDO) Credo Technology Group Holding stock price per share is $14.94 today (as of Dec 2, 2022).

What is Credo Technology Group Holding's Market Cap?

(NASDAQ: CRDO) Credo Technology Group Holding's market cap is $2.19B, as of Dec 5, 2022.

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 $14.94 by CRDO's total outstanding shares of 146,761,687.
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