AI Spotlight on CRDO
Company Description
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally.Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies.The company also offers intellectual property solutions consist of SerDes IP licensing.
The company was founded in 2008 and is headquartered in San Jose, California.
Market Data
Last Price | 70.02 |
Change Percentage | 8.39% |
Open | 67.38 |
Previous Close | 64.6 |
Market Cap ( Millions) | 11710 |
Volume | 9163374 |
Year High | 86.69 |
Year Low | 16.82 |
M A 50 | 66.1 |
M A 200 | 38.47 |
Financial Ratios
FCF Yield | -0.26% |
Dividend Yield | 0.00% |
ROE | -4.34% |
Debt / Equity | 2.28% |
Net Debt / EBIDTA | 922.55% |
Price To Book | 20.53 |
Price Earnings Ratio | -489.52 |
Price To FCF | -391.17 |
Price To sales | 47.68 |
EV / EBITDA | -468.17 |
News
- Jan -31 - Credo Technology: This Top SA Quant Pick Is Now 30% Cheaper
- Jan -26 - Credo Technology: Don't Believe Its Valuation
- Jan -22 - 3 AI Infrastructure Stocks Soaring Today
- Jan -15 - Steven Cress' Top 2025 Stocks
- Jan -15 - ValuEngine's Top 10 Stocks For 2025
- Jan -15 - Why Credo Technology Stock Skyrocketed 245% in 2024
- Jan -09 - 3 Stocks That Could Drive AI Data Center Demand
- Jan -09 - Top 10 Stocks For 2025
- Jan -08 - Why Credo Technology Rallied Over 37% in December
- Jan -07 - MoneyShow's Best Investment Ideas For 2025: Part 1
- Jan -06 - Credo Surges 284% in a Year: Is the Stock a Screaming Buy in 2025?
- Jan -06 - Credo Technology price target raised to $80 from $75 at Stifel
- Jan -04 - Credo Technology: Riding The AI Tailwind Into 2025
- Dec -16 - Why This High Flying AI Stock is Up 90% the Past Month
- Dec -15 - Credo's Huge AI Growth Runway Is Confirmed By An Industry Bellwether
- Dec -09 - Credo Technology Group (CRDO) Upgraded to Buy: Here's What You Should Know
- Dec -06 - Surging Earnings Estimates Signal Upside for Credo Technology Group (CRDO) Stock
- Dec -04 - Nvidia, Disney Shine On This Screen. But Here's The Real Star.
- Dec -03 - Overlooked Stock: CRDO
- Dec -03 - Why Credo Technology Group Rocketed Nearly 50% Today
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Serializer/Deserializer and Digital Signal Processor Technologies
Expected Growth : 10.95 %
What the company do ?
Credo Technology Group Holding Ltd's Serializer/Deserializer and Digital Signal Processor Technologies enable high-speed data transmission and processing in data centers and high-performance computing applications.
Why we expect these perspectives ?
Credo Technology Group Holding Ltd's Serializer/Deserializer and Digital Signal Processor Technologies are driven by growing demand for high-speed data transmission, increasing adoption of cloud computing, and rising need for efficient data processing. The 10.95% growth is also fueled by advancements in 5G, artificial intelligence, and the Internet of Things (IoT), which rely on high-performance serializer/deserializer and digital signal processing capabilities.
Segment nΒ°2 -> Intellectual Property License
Expected Growth : 9.9 %
What the company do ?
The Intellectual Property License from Credo Technology Group Holding Ltd grants permission to use patented technology, ensuring legal use of intellectual property.
Why we expect these perspectives ?
Credo Technology Group Holding Ltd's 9.9% growth in Intellectual Property License is driven by increasing demand for high-speed data transmission, growing adoption of 5G and IoT technologies, and strategic partnerships to expand its patent portfolio. Additionally, the company's focus on innovation and R&D investments has led to the development of new and valuable IP, further fueling growth.
Segment nΒ°3 -> Serializer/Deserializer and Digital Signal Processor Technologies Engineering Services
Expected Growth : 10.32 %
What the company do ?
Credo Technology Group Holding Ltd offers Serializer/Deserializer and Digital Signal Processor Technologies Engineering Services, providing high-speed data transmission and processing solutions for various industries.
Why we expect these perspectives ?
Credo Technology Group Holding Ltd's Serializer/Deserializer and Digital Signal Processor Technologies Engineering Services growth is driven by increasing demand for high-speed data transmission, proliferation of 5G and IoT devices, and rising need for low-power, high-performance computing solutions. Additionally, advancements in artificial intelligence, machine learning, and cloud computing are fueling growth in this segment.
Segment nΒ°4 -> Intellectual Property License Engineering Services
Expected Growth : 9.9 %
What the company do ?
Credo Technology Group Holding Ltd's Intellectual Property License Engineering Services facilitate licensing and management of IP rights, enabling clients to monetize and protect their intellectual property.
Why we expect these perspectives ?
Credo Technology Group Holding Ltd's 9.9% growth in Intellectual Property License Engineering Services is driven by increasing demand for customized IP solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation, R&D investments, and a strong sales pipeline have contributed to this growth.
Credo Technology Group Holding Ltd Products
Product Range | What is it ? |
---|---|
Optical Interconnects | Credo's optical interconnects provide high-speed connectivity solutions for data centers, high-performance computing, and artificial intelligence applications. |
Active Electrical Cables | Credo's active electrical cables offer high-speed, low-power, and low-latency connectivity solutions for data centers, high-performance computing, and artificial intelligence applications. |
SerDes IP Cores | Credo's SerDes IP cores provide high-speed, low-power, and low-latency serial link solutions for system-on-chip (SoC) designs. |
High-Speed IP Cores | Credo's high-speed IP cores provide high-speed, low-power, and low-latency connectivity solutions for data centers, high-performance computing, and artificial intelligence applications. |
Silicon Photonics | Credo's silicon photonics solutions provide high-speed, low-power, and low-latency optical connectivity solutions for data centers, high-performance computing, and artificial intelligence applications. |
Credo Technology Group Holding Ltd's Porter Forces
Threat Of Substitutes
Credo Technology Group Holding Ltd has a moderate threat of substitutes due to the availability of alternative technologies and products in the market.
Bargaining Power Of Customers
Credo Technology Group Holding Ltd has a low bargaining power of customers due to its strong brand reputation and limited customer concentration.
Bargaining Power Of Suppliers
Credo Technology Group Holding Ltd has a moderate bargaining power of suppliers due to the presence of multiple suppliers in the market.
Threat Of New Entrants
Credo Technology Group Holding Ltd has a high threat of new entrants due to the low barriers to entry in the technology industry.
Intensity Of Rivalry
Credo Technology Group Holding Ltd operates in a highly competitive industry, leading to a high intensity of rivalry among existing competitors.
Capital Structure
Value | |
---|---|
Debt Weight | 4.27% |
Debt Cost | 3.95% |
Equity Weight | 95.73% |
Equity Cost | 14.11% |
WACC | 13.68% |
Leverage | 4.46% |
Credo Technology Group Holding Ltd : Quality Control
Credo Technology Group Holding Ltd passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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LITE | Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) β¦ |
ZBRA | Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & β¦ |
SATS | EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in two segments, Hughes and EchoStar Satellite Services (ESS). The Hughes segment offers broadband network β¦ |
UI | Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers. It develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and β¦ |
BDC | Belden Inc. provides portfolio of signal transmission solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The β¦ |