Credo Technology Group Holding Ltd (CRDO) Stock
Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions.
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About Credo Technology Group Holding Ltd
Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.
Credo Technology Group Holding Ltd is led by CEO William J. Brennan, employs 500 people, headquartered in San Jose, US, publicly traded since 2022.
Credo Technology Group Holding Ltd (CRDO) stock trades at $208.14 with a market capitalization of $38.81B. The stock is valued at a price-to-earnings (P/E) ratio of 108.51, price-to-book of 19.79, price-to-sales of 27.05. Over the past 52 weeks the stock has ranged between $81.72 and $302.52, and currently trades 31.2% below its 52-week high.
On profitability, Credo Technology Group Holding Ltd generates a return on equity (ROE) of 27.54% — well above the market average, a sign of a high-quality business, return on capital employed of 5.43%, an operating margin of 30.23%, a net profit margin of 31.81%.
In its most recent fiscal year, Credo Technology Group Holding Ltd reported annual revenue of $437.0M, net profit of $52.0M, revenue has compounded at 51.9% a year over the last five years, profit at 120.4% a year. Profit growing faster than revenue points to expanding margins.
The balance sheet shows a debt-to-equity ratio of 0.01 — a conservative balance sheet with little leverage risk, a current ratio of 6.61, total assets of $809.0M, $236.0M in cash and equivalents.
CRDO has an average daily trading volume of 8,050,000 shares, a beta of 3.23 (more volatile than the overall market).
Official website: credosemi.com