(CRDO) Credo Technology Holding - Ratings and Ratios
Connectivity Solutions, Optical DSP, SerDes IP, Active Cables, Retimer
CRDO EPS (Earnings per Share)
CRDO Revenue
Description: CRDO Credo Technology Holding
Credo Technology Group Holding Ltd (NASDAQ: CRDO) designs and sells high-speed connectivity solutions for optical and electrical Ethernet and PCIe applications across the United States, Taiwan, Mainland China, Hong Kong, and other international markets. Its product portfolio includes the HiWire active-cable family (CLOS, SPAN, SHIFT, SWITCH), PAM4 digital signal processors, low-power line-card PHYs, SerDes chiplets and IP, as well as integrated circuits, and it licenses SerDes IP to third parties.
The company’s customers span hyperscalers, original equipment manufacturers (OEMs), original design manufacturers (ODMs), optical-module makers, and end-users in the enterprise and high-performance computing (HPC) segments. Revenue is therefore tied to the capital-expenditure cycles of large data-center operators and the broader rollout of AI-driven workloads that demand ever-higher bandwidth and lower latency.
Industry data shows that global demand for high-speed interconnects is expected to grow at a compound annual growth rate (CAGR) of roughly 12 % through 2027, driven by the rapid adoption of PCIe 5.0/6.0 standards and the shift toward PAM4 signaling in data-center optics. As a rough proxy, the overall data-center bandwidth market is projected to reach $30 bn by 2027, suggesting a sizable addressable market for Credo’s solutions. Credo’s FY 2023 revenue rose about 38 % year-over-year (≈$XX million) and its gross margin hovered near 55 %, indicating a relatively high-margin semiconductor niche, though the company’s small scale makes earnings more volatile.
Key risks include concentration in a few large hyperscaler customers, exposure to semiconductor supply-chain constraints, and the competitive pressure from larger players such as Broadcom and Marvell that are also expanding their high-speed interconnect portfolios.
For a deeper quantitative view of Credo’s valuation metrics, the ValueRay platform offers a concise dashboard you may find useful.
CRDO Stock Overview
| Market Cap in USD | 26,148m |
| Sub-Industry | Semiconductors |
| IPO / Inception | 2022-01-27 |
CRDO Stock Ratings
| Growth Rating | 90.2% |
| Fundamental | 73.7% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | 231% |
| Analyst Rating | 4.62 of 5 |
CRDO Dividends
Currently no dividends paidCRDO Growth Ratios
| Growth Correlation 3m | 76.9% |
| Growth Correlation 12m | 73.7% |
| Growth Correlation 5y | 90.6% |
| CAGR 5y | 133.09% |
| CAGR/Max DD 3y (Calmar Ratio) | 2.15 |
| CAGR/Mean DD 3y (Pain Ratio) | 7.77 |
| Sharpe Ratio 12m | 1.32 |
| Alpha | 259.92 |
| Beta | 2.598 |
| Volatility | 117.78% |
| Current Volume | 6181.9k |
| Average Volume 20d | 6153.7k |
| Stop Loss | 133.5 (-7%) |
| Signal | 1.15 |
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (125.1m TTM) > 0 and > 6% of Revenue (6% = 36.0m TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA 12.70pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 115.8% (prev 217.4%; Δ -101.5pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.14 (>3.0%) and CFO 126.5m > Net Income 125.1m (YES >=105%, WARN >=100%) |
| Net Debt (-204.0m) to EBITDA (140.3m) ratio: -1.45 <= 3.0 (WARN <= 3.5) |
| Current Ratio 7.41 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (184.6m) change vs 12m ago 11.77% (target <= -2.0% for YES) |
| Gross Margin 65.98% (prev 62.47%; Δ 3.52pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 77.43% (prev 33.74%; Δ 43.69pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -10.33 (EBITDA TTM 140.3m / Interest Expense TTM -11.3m) >= 6 (WARN >= 3) |
Altman Z'' 5.81
| (A) 0.77 = (Total Current Assets 803.6m - Total Current Liabilities 108.4m) / Total Assets 905.2m |
| (B) -0.02 = Retained Earnings (Balance) -19.8m / Total Assets 905.2m |
| (C) 0.15 = EBIT TTM 117.1m / Avg Total Assets 775.0m |
| (D) -0.16 = Book Value of Equity -20.2m / Total Liabilities 123.8m |
| Total Rating: 5.81 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 73.69
| 1. Piotroski 5.50pt = 0.50 |
| 2. FCF Yield 0.36% = 0.18 |
| 3. FCF Margin 15.57% = 3.89 |
| 4. Debt/Equity 0.02 = 2.50 |
| 5. Debt/Ebitda -1.45 = 2.50 |
| 6. ROIC - WACC (= 1.75)% = 2.18 |
| 7. RoE 18.89% = 1.57 |
| 8. Rev. Trend 84.57% = 6.34 |
| 9. EPS Trend 80.27% = 4.01 |
What is the price of CRDO shares?
Over the past week, the price has changed by +3.44%, over one month by -12.67%, over three months by +45.87% and over the past year by +281.84%.
Is Credo Technology Holding a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CRDO is around 162.59 USD . This means that CRDO is currently undervalued and has a potential upside of +13.22% (Margin of Safety).
Is CRDO a buy, sell or hold?
- Strong Buy: 9
- Buy: 3
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CRDO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 159.9 | 11.4% |
| Analysts Target Price | 159.9 | 11.4% |
| ValueRay Target Price | 192.8 | 34.3% |
Last update: 2025-10-11 05:01
CRDO Fundamental Data Overview
P/E Trailing = 207.0548
P/E Forward = 81.3008
P/S = 43.5707
P/B = 33.1277
Beta = 2.598
Revenue TTM = 600.1m USD
EBIT TTM = 117.1m USD
EBITDA TTM = 140.3m USD
Long Term Debt = 15.6m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 3.26m USD (from shortTermDebt, last quarter)
Debt = 15.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -204.0m USD (from netDebt column, last quarter)
Enterprise Value = 25.68b USD (26.15b + Debt 15.6m - CCE 479.6m)
Interest Coverage Ratio = -10.33 (Ebit TTM 117.1m / Interest Expense TTM -11.3m)
FCF Yield = 0.36% (FCF TTM 93.5m / Enterprise Value 25.68b)
FCF Margin = 15.57% (FCF TTM 93.5m / Revenue TTM 600.1m)
Net Margin = 20.85% (Net Income TTM 125.1m / Revenue TTM 600.1m)
Gross Margin = 65.98% ((Revenue TTM 600.1m - Cost of Revenue TTM 204.1m) / Revenue TTM)
Gross Margin QoQ = 67.41% (prev 67.16%)
Tobins Q-Ratio = 28.37 (Enterprise Value 25.68b / Total Assets 905.2m)
Interest Expense / Debt = 10.91% (Interest Expense 1.70m / Debt 15.6m)
Taxrate = 1.99% (1.29m / 64.7m)
NOPAT = 114.8m (EBIT 117.1m * (1 - 1.99%))
Current Ratio = 7.41 (Total Current Assets 803.6m / Total Current Liabilities 108.4m)
Debt / Equity = 0.02 (Debt 15.6m / totalStockholderEquity, last quarter 781.4m)
Debt / EBITDA = -1.45 (Net Debt -204.0m / EBITDA 140.3m)
Debt / FCF = -2.18 (Net Debt -204.0m / FCF TTM 93.5m)
Total Stockholder Equity = 662.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 13.82% (Net Income 125.1m / Total Assets 905.2m)
RoE = 18.89% (Net Income TTM 125.1m / Total Stockholder Equity 662.3m)
RoCE = 17.28% (EBIT 117.1m / Capital Employed (Equity 662.3m + L.T.Debt 15.6m))
RoIC = 17.33% (NOPAT 114.8m / Invested Capital 662.3m)
WACC = 15.59% (E(26.15b)/V(26.16b) * Re(15.59%) + D(15.6m)/V(26.16b) * Rd(10.91%) * (1-Tc(0.02)))
Discount Rate = 15.59% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 10.84%
[DCF Debug] Terminal Value 44.49% ; FCFE base≈93.5m ; Y1≈61.4m ; Y5≈28.1m
Fair Price DCF = 1.45 (DCF Value 250.1m / Shares Outstanding 173.0m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 80.27 | EPS CAGR: 227.0% | SUE: 4.0 | # QB: 4
Revenue Correlation: 84.57 | Revenue CAGR: 70.57% | SUE: 4.0 | # QB: 4
Additional Sources for CRDO Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle