Credo Technology Group Holding Ltd
NASDAQ:CRDO
Intrinsic Value
Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. [ Read More ]
The intrinsic value of one
CRDO
stock under the Base Case scenario is
14.21
USD.
Compared to the current market price of 17.19 USD,
Credo Technology Group Holding Ltd
is
Overvalued by 17%.
Credo Technology Group Holding Ltd's market capitalization is 2.8B USD.
CRDO stock price is 17.19 USD.
CRDO stock (14.21 USD) is 17% less than its price (17.19 USD).
CRDO stock (7.63 USD) is 56% less than its price (17.19 USD). Open Relative Valuation
CRDO has upside potential of 57% compared to the average analyst price target.
Open Wall St Estimates
CRDO's Revenue has dropped by 13% over the past 12 months.
CRDO's ROE (Return on Equity) for the past 12 months is negative and is equal to -8%.
CRDO's Revenue is forecast to grow at a rate of 34% per year over the next 3 years.
CRDO has negative Operating Income for the last twelve months.
CRDO has negative Net Income for the last twelve months.
CRDO's ROIC (Return on Invested Capital) for the past 12 months is negative and is equal to -27%.
CRDO has negative three-year average ROE (Return on Equity): -6%. The company is not efficient at transforming stockholders' equity into net income.
CRDO has positive Gross Profit for the last twelve months.
CRDO has positive Free Cash Flow for the last twelve months.
CRDO has negative three-year average ROIC (Return on Invested Capital): -17%. The company is not efficient at using invested capital to generate operating income.
CRDO's short-term assets (511m USD) exceed its short-term liabilties (40m USD).
CRDO's long-term assets (592m USD) exceed its long-term liabilties (58m USD).
CRDO's D/E (Debt to Equity) is very low and is equal to 0.
CRDO's Altman Z-Score is very high and is equal to 34.71.
Valuation Backtest
Credo Technology Group Holding Ltd
Run backtest to discover the historical profit from buying and selling
CRDO
stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Credo Technology Group Holding Ltd
Balance Sheet Decomposition
Credo Technology Group Holding Ltd
| Current Assets | 511.4m |
| Cash & Short-Term Investments | 409.1m |
| Receivables | 62.7m |
| Other Current Assets | 39.6m |
| Non-Current Assets | 81m |
| PP&E | 58.5m |
| Other Non-Current Assets | 22.5m |
| Current Liabilities | 40.2m |
| Accounts Payable | 10.3m |
| Accrued Liabilities | 25.2m |
| Other Current Liabilities | 4.7m |
| Non-Current Liabilities | 18.3m |
| Other Non-Current Liabilities | 18.3m |
Earnings Waterfall
Credo Technology Group Holding Ltd
|
Revenue
|
164.3m
USD
|
|
Cost of Revenue
|
-66.2m
USD
|
|
Gross Profit
|
98.1m
USD
|
|
Operating Expenses
|
-143.6m
USD
|
|
Operating Income
|
-45.6m
USD
|
|
Other Expenses
|
11.7m
USD
|
|
Net Income
|
-33.8m
USD
|
Free Cash Flow Analysis
Credo Technology Group Holding Ltd
CRDO Profitability Score
Profitability Due Diligence
Credo Technology Group Holding Ltd's profitability score is 30/100. The higher the profitability score, the more profitable the company is.
Score
Credo Technology Group Holding Ltd's profitability score is 30/100. The higher the profitability score, the more profitable the company is.
CRDO Solvency Score
Solvency Due Diligence
Credo Technology Group Holding Ltd's solvency score is 81/100. The higher the solvency score, the more solvent the company is.
Score
Credo Technology Group Holding Ltd's solvency score is 81/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CRDO Price Targets Summary
Credo Technology Group Holding Ltd
According to Wall Street analysts, the average 1-year price target for
CRDO
is 26.98 USD
with a low forecast of 21.21 USD and a high forecast of 31.5 USD.
Ownership
CRDO Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
|
|
|
| 6 Months |
|
|
|
| 9 Months |
|
|
|
| 12 Months |
|
|
|
Shareholder Return
CRDO Price
Credo Technology Group Holding Ltd
| Average Annual Return | 11.59% |
| Standard Deviation of Annual Returns |
N/A
|
| Max Drawdown | -62% |
| Market Capitalization | 2.8B USD |
| Shares Outstanding | 163 291 008 |
| Percentage of Shares Shorted | 8.4% |
CRDO News
Last Important Events
Credo Technology Group Holding Ltd
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Credo Technology Group Holding Ltd
Company Profile
Credo Technology Group Holding Ltd
Country
Industry
Market Cap
Dividend Yield
Description
Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. The firm is focused on providing connectivity solutions throughout the data infrastructure market. Credo's products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits, Active Electrical Cables (AECs) and SerDes Chiplets. Credo's products and solutions includes HiWire AECs, Optical DSPs, Line Card PHYs, SerDes Chiplets and SerDes IP. HiWire AECs are copper interconnect cables designed for, low power operation. Credo provides 50G to 400G PAM4 optical DSPs across a range of use cases, speeds and bandwidths. Line Card PHY product families include Black Hawk and Bald Eagle products for Retimers and Gearboxes. SerDes technology enables data transmission at high rates while minimizing the number of interconnects required. SerDes IP is designed for the easy System-on-Chips (SoC) integration of SerDes lanes.
Contact
IPO
Employees
Officers
The intrinsic value of one
CRDO
stock under the Base Case scenario is
14.21
USD.
Compared to the current market price of 17.19 USD,
Credo Technology Group Holding Ltd
is
Overvalued by 17%.
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