Stock Analysis
Credo Technology Group Holding Ltd Ordinary SharesCRDO
P/E 59.25×· 5Y range 48.23–4,106.32×· bottom 7% of history
Sector: Technology · Industry: Semiconductors & Related Devices
AnalystsStrong Buy28 analystsP/E 59.3× sits at the 7th percentile of its 4.71720282911248-year history.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Profitability100
- Financial Health75
Risks
- Quality43
- Growth50
Mixed business trading cheap — priced for skepticism.
Market context
-4.9% today· Z 1.3σ
Bull Case
- ✓Altman Z 101.7 — safe-zone balance sheet
- ✓ROE 29.1% — efficient capital deployment
- ✓Revenue CAGR 88.2% — durable top-line growth
- ✓P/E 59.3× at bottom 7% of 5-year history
What's happening with CRDO
Profile
Strong profitability and financial health; moat, earnings quality and valuation lag behind.
How is each axis scored?
- Valuation45/100 · Weak
- P/E vs own history (7th pct)25/25
- FCF yield (1.4%)5/25
- P/S (19.8x)5/25
- EV/EBIT (n/a)10/25
- Growth50/100 · Moderate
- Revenue CAGR (88.2%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (130.8%)25/25
- Profitability100/100 · Strong
- ROIC (72.9%)25/25
- ROE (29.1%)25/25
- Net margin (33.8%)25/25
- Operating margin (31.7%)25/25
- Financial Health75/100 · Strong
- Altman Z (101.71)25/25
- Current ratio (10.82)25/25
- Interest coverage (no interest expense)25/25
- Net cash / debt (n/a)0/25
- Quality43/100 · Weak
- Piotroski F (5/9)15/25
- Beneish M (6.79)0/25
- FCF conversion (81%)22/25
- Margin stability (σ 22.0%)6/25
- Moat35/100 · Weak
- ROIC >12% years (0/4 yrs)0/25
- Median gross margin (61.9%)25/25
- FCF-positive years (3/5 yrs)10/25
- Worst-year net margin (worst -20.8%)0/25
Risk Flags
- ⚠Beneish M 6.79 — earnings-manipulation flag
- ⚠SBC 14.8% of revenue — real dilution cost
- ⚠3 loss-making years in recent history
About Credo Technology Group Holding Ltd Ordinary Shares
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Show more
Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
Headquarters: GRAND CAYMAN, E9 · Employees: 807 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
45D+P/E (TTM)58.6xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 48.2x–4106.3x · 7th pct
P/FCF76.5xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield1.4%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -3.5%–1.7% · 97th pct
P/S (TTM)19.82xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 5.7x–64.2x · 42nd pct
EV/EBITDA61.0xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral — vs own 5Y history: 54.3x–171.9x · 11th pct
EV/Sales20.8xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E25.4xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio17.06xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.20A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
100A+ROIC72.9%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE29.1%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA24.5%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin33.8%A
Grade A: HighNet Income / Revenue
Operating Margin31.7%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin67.1%A
Grade A: PremiumGross Profit / Revenue
FCF Margin27.6%A
Grade A: HighFCF / Revenue
True FCF Margin12.8%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
50CRevenue CAGR88.2%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth130.8%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income43.7%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue14.8%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
75B+Altman Z-Score101.71A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio10.82xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio5.82xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage—
EBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity0.00xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
43D+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score6.79D
Grade D: RiskyEarnings manipulation risk. < -2.22 Safe
FCF Conversion81.5%A
Grade A: StrongFCF / Net Income
Margin Stability22.0%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue3.9%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.72xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
ACEVEDO SYLVIA Filed | ACEVEDO SYLVIA | Grant / award | +1.2K | |
Khaira Manpreet Filed | Khaira Manpreet | Grant / award | +1.2K | |
Kelleher Brian Filed | Kelleher Brian | Grant / award | +1.2K | |
Cheng Chi Fung Filed | Cheng Chi Fung | SellOpen market sale | -200 | |
Cheng Chi Fung Filed | Cheng Chi Fung | SellOpen market sale | -3241 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Cheng Chi Fung Filed | Cheng Chi Fung | SellOpen market sale | -3360 | |
Cheng Chi Fung Filed | Cheng Chi Fung | SellOpen market sale | -1401 | |
Cheng Chi Fung Filed | Cheng Chi Fung | SellOpen market sale | -2499 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
35DROIC >12% Years0/4 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)61.9%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/5 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-20.8%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$2.86
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$4.07
Cash & short-term investments per share (Finnhub)
Book Value / Share$14.53
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$1.30B
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$1.85B
Shareholders' equity (book value)
Asset / Liability10.81xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$31.54B
Current Market Capitalization
Beta3.27D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Aug 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Credo Technology Group Holding Ltd Ordinary Shares (CRDO)
CRDO is down 4.93% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Credo Technology Group Holding Ltd Ordinary Shares. Altman Z-Score of 101.71 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of 6.79 is above the −1.78 flag threshold, a signal that reported earnings warrant closer scrutiny.
- Revenue has compounded at roughly 88% annually — a strong growth profile.
- Credo Technology Group Holding Ltd Ordinary Shares converts about 28% of revenue into free cash flow — strong cash generation.
- Credo Technology Group Holding Ltd Ordinary Shares posted a net loss in 3 of 5 available completed fiscal years (2022–2026).
- Return on equity of 29.1% is well above the market average.
See how CRDO ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all CRDO moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | Regular | 181.58 | -8.44% | -2.25 |
| Oct 14 | After-hours | 174.77 | -11.87% | -3.12 |
| Oct 12 | Regular | 201.31 | -7.04% | -2.26 |
| Oct 12 | After-hours | 197.76 | -8.68% | -2.69 |
| Sep 21 | Pre-market | 183.30 | +4.21% | 2.81 |
Frequently Asked Questions about CRDO
What is the current Credo Technology Group Holding Ltd Ordinary Shares (CRDO) stock price?
CRDO is trading at $169.70 at the last market close, down 4.93% on the session. PreMarketPrice tracks CRDO pre-market, intraday and after-hours prices.
Is CRDO stock a buy right now?
PreMarketPrice's quantitative model rates Credo Technology Group Holding Ltd Ordinary Shares's financial health at 75/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CRDO stock overvalued?
Credo Technology Group Holding Ltd Ordinary Shares trades at a trailing P/E of 58.6 and our valuation score rates it 45/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Credo Technology Group Holding Ltd Ordinary Shares report earnings?
No confirmed earnings date is currently scheduled for CRDO. The Earnings section lists recent reports and updates as dates are announced.
What sector does Credo Technology Group Holding Ltd Ordinary Shares operate in?
Credo Technology Group Holding Ltd Ordinary Shares operates in the Technology sector, within the Semiconductors & Related Devices industry. The Related Stocks section lists sector peers for comparison.
What does Credo Technology Group Holding Ltd Ordinary Shares do?
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks.
About Credo Technology Group Holding Ltd Ordinary Shares (CRDO) Stock
Credo Technology Group Holding Ltd Ordinary Shares (CRDO) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry. As of the latest update, Credo Technology Group Holding Ltd Ordinary Shares is trading at $169.70, down 4.93% on the day with a market capitalization of $31.5 billion. The financial health score for CRDO is 75/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CRDO stock.
CRDO Stock Analysis & Key Metrics
On PreMarketPrice, you can track Credo Technology Group Holding Ltd Ordinary Shares (CRDO) across multiple dimensions:
- Pre-market price & movement: Real-time CRDO stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CRDO with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Credo Technology Group Holding Ltd Ordinary Shares across multiple reporting periods.
- Financial health score: A composite score of 75/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CRDO.
- Sector peers: Compare CRDO against 6 other technology stocks on key financial metrics.
Is CRDO a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Credo Technology Group Holding Ltd Ordinary Shares (CRDO) as an investment. The financial health score of 75/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Credo Technology Group Holding Ltd Ordinary Shares (CRDO) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.