NASDAQ: CRDO
Credo Technology Group Holding Ltd Stock

$75.95+7.53 (+11.01%)
Updated Dec 13, 2024
CRDO Price
$75.95
Fair Value Price
-$14.85
Market Cap
$12.70B
52 Week Low
$16.82
52 Week High
$76.53
P/E
-506.33x
P/B
22.37x
P/S
27.41x
PEG
N/A
Dividend Yield
N/A
Revenue
$245.59M
Earnings
-$23.81M
Gross Margin
63.2%
Operating Margin
-7%
Profit Margin
-9.7%
Debt to Equity
0.12
Operating Cash Flow
$6M
Beta
1.75
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 Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine CRDO's potential to beat the market

BBuy
  • Stocks with a Zen Rating of Buy (B) had an average return of +19.88% per year. Learn More

Zen Rating Component Grades

C
Value
B
Growth
B
Momentum
B
Sentiment
C
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Communication Equipment

Industry Rating
B
CRDO
Ranked
#15 of 58

Top Ranked Stocks in Industry

View Top Communication Equipment Stocks

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CRDO News

Overview

Due Diligence Score

Industry Average (28)
You've viewed Due Diligence 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 ($75.95) is overvalued by 611.28% relative to our estimate of its Fair Value price of -$14.85 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
CRDO ($75.95) is not significantly undervalued (611.28%) relative to our estimate of its Fair Value price of -$14.85 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
There are 30 more CRDO due diligence checks available for Premium users.

Valuation

CRDO fair value

Fair Value of CRDO stock based on Discounted Cash Flow (DCF)

Price
$75.95
Fair Value
-$14.85
Undervalued by
611.28%
CRDO ($75.95) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CRDO ($75.95) 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
-506.33x
Industry
16.99x
Market
30.75x

CRDO price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
22.37x
Industry
3.66x
CRDO is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CRDO's financial health

Profit margin

Revenue
$72.0M
Net Income
-$4.2M
Profit Margin
-5.9%
CRDO's cash burn is expected... 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
$638.6M
Liabilities
$70.6M
Debt to equity
0.12
CRDO's short-term assets ($538.25M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CRDO's short-term assets ($538.25M) 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
$10.3M
Investing
$129.1M
Financing
-$4.0M
CRDO's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CRDO vs Communication Equipment Stocks

TickerZen RatingMarket Cap1d %P/EP/B
CRDOB$12.70B+11.01%-506.33x22.37x
CIENC$12.96B+6.15%95.45x4.48x
JNPRC$12.33B-0.19%48.35x2.66x
ASTSD$6.80B+0.64%-10.97x22.02x
LITEC$6.38B+2.39%-11.20x7.13x

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 $76.53, and its 52-week low was $16.82. It is currently -0.75% from its 52-week high and 351.55% from its 52-week low.

How much is Credo Technology Group Holding stock worth today?

(NASDAQ: CRDO) Credo Technology Group Holding currently has 167,239,070 outstanding shares. With Credo Technology Group Holding stock trading at $75.95 per share, the total value of Credo Technology Group Holding stock (market capitalization) is $12.70B.

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 551.93%, for an annualized return of 155.33% (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 $75.95 today (as of Dec 13, 2024).

What is Credo Technology Group Holding's Market Cap?

(NASDAQ: CRDO) Credo Technology Group Holding's market cap is $12.70B, as of Dec 14, 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 $75.95 by CRDO's total outstanding shares of 167,239,070.
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