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Credo Technology Group Holding Ltd
NASDAQ:CRDO

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Credo Technology Group Holding Ltd Logo
Credo Technology Group Holding Ltd
NASDAQ:CRDO
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Price: 29.5 USD -0.24% Market Closed
Updated: Jul 21, 2024
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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 8.69 USD. Compared to the current market price of 29.5 USD, Credo Technology Group Holding Ltd is Overvalued by 71%.

Key Points:
CRDO Intrinsic Value
Base Case
8.69 USD
Overvaluation 71%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Credo Technology Group Holding Ltd

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Fundamental Analysis

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

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
Efficiency

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

Last Value
3-Years Average
FCF Margin
Conversion Rate
Fundamental Scores

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.

Positive Gross Profit
Exceptional Revenue Growth Forecast
Negative 1-Year Revenue Growth
Negative ROE
30/100
Profitability
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.

High Altman Z-Score
Short-Term Solvency
Long-Term Solvency
Low D/E
81/100
Solvency
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

Wall Street analysts forecast CRDO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CRDO is 30.32 USD with a low forecast of 24.24 USD and a high forecast of 39.9 USD.

Lowest
Price Target
24.24 USD
18% Downside
Average
Price Target
30.32 USD
3% Upside
Highest
Price Target
39.9 USD
35% Upside
View Analyst Estimates
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Competitive Landscape

Ownership

CRDO Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Price Appreciation

CRDO Price
Credo Technology Group Holding Ltd

1M 1M
+7%
6M 6M
+34%
1Y 1Y
+81%
3Y 3Y
+153%
5Y 5Y
+153%
10Y 10Y
+153%
Annual Price Range
29.5
52w Low
13.6
52w High
33.83
Price Metrics
Average Annual Return 11.59%
Standard Deviation of Annual Returns
N/A
Max Drawdown -62%
Shares Statistics
Market Capitalization 4.8B USD
Shares Outstanding 163 291 008
Percentage of Shares Shorted 6.54%

CRDO Return Decomposition
Main factors of price return

What is price return decomposition?

CRDO News

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Last Important Events
Credo Technology Group Holding Ltd

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Sentiment Analysis
Credo Technology Group Holding Ltd

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Last 90 Days 90D

Company Profile

Credo Technology Group Holding Ltd Logo
Credo Technology Group Holding Ltd

Country

Cayman Islands

Industry

Semiconductors

Market Cap

4.8B USD

Dividend Yield

0%

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

George Town
Po Box 309, Ugland House
+4086649329.0
https://credosemi.com/

IPO

2022-01-27

Employees

316

Officers

President, CEO & Director
Mr. William J. Brennan
Co-founder, CTO & Director
Mr. Chi Fung Cheng
Co-founder, COO & Director
Mr. Yat Tung Lam
Chief Financial Officer
Mr. Daniel Fleming
Vice President of Corporate Development & Investor Relations
Mr. Daniel J. O'Neil
Chief Legal Officer & Corporate Secretary
Ms. Katherine E. Schuelke
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Vice President of Worldwide Sales & Marketing
Mr. Michael Girvan Lampe
Vice President of Human Resources
Hon. Sherrill Dale
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See Also

Discover More
What is the Intrinsic Value of one CRDO stock?

The intrinsic value of one CRDO stock under the Base Case scenario is 8.69 USD.

Is CRDO stock undervalued or overvalued?

Compared to the current market price of 29.5 USD, Credo Technology Group Holding Ltd is Overvalued by 71%.