Credo Technology Financials
| CRDO Stock | USD 48.96 3.25 7.11% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 0.0443 | 0.0206 |
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| Current Ratio | 12.54 | 11.884 |
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Investors should never underestimate Credo Technology's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Credo Technology's cash flow, debt, and profitability to make informed and accurate decisions about investing in Credo Technology Group.
Net Income |
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Credo | Select Account or Indicator |
Understanding current and past Credo Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Credo Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Credo Technology's assets may result in an increase in income on the income statement.
Credo Technology Earnings Geography
Credo Technology Stock Summary
Credo Technology competes with Zebra Technologies, Ubiquiti Networks, Ciena Corp, Clearfield, and Viavi Solutions. 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. The company was founded in 2008 and is headquartered in San Jose, California. Credo Technology is traded on NASDAQ Exchange in the United States.Specialization | Information Technology, Semiconductors & Semiconductor Equipment |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | KYG254571055 |
| CUSIP | G25457105 |
| Location | Cayman Islands |
| Business Address | co Maples Corporate |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | credosemi.com |
| Phone | 408 664 9329 |
| Currency | USD - US Dollar |
Credo Technology Key Financial Ratios
| Return On Equity | -0.0582 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | (0.24) % | ||||
| Price To Sales | 34.89 X | ||||
| Revenue | 192.97 M |
Credo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Credo Technology's current stock value. Our valuation model uses many indicators to compare Credo Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Credo Technology competition to find correlations between indicators driving Credo Technology's intrinsic value. More Info.Credo Technology Group is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Credo Technology's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Credo Technology's earnings, one of the primary drivers of an investment's value.Credo Technology's Earnings Breakdown by Geography
Credo Technology Systematic Risk
Credo Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Credo Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Credo Technology correlated with the market. If Beta is less than 0 Credo Technology generally moves in the opposite direction as compared to the market. If Credo Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Credo Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Credo Technology is generally in the same direction as the market. If Beta > 1 Credo Technology moves generally in the same direction as, but more than the movement of the benchmark.
Credo Technology November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Credo Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Credo Technology Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Credo Technology Group based on widely used predictive technical indicators. In general, we focus on analyzing Credo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Credo Technology's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.56 | |||
| Information Ratio | 0.0821 | |||
| Maximum Drawdown | 18.08 | |||
| Value At Risk | (8.52) | |||
| Potential Upside | 7.13 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credo Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credo Technology. If investors know Credo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credo Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share (0.16) | Revenue Per Share 1.368 | Quarterly Revenue Growth 0.702 | Return On Assets (0.04) |
The market value of Credo Technology is measured differently than its book value, which is the value of Credo that is recorded on the company's balance sheet. Investors also form their own opinion of Credo Technology's value that differs from its market value or its book value, called intrinsic value, which is Credo Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credo Technology's market value can be influenced by many factors that don't directly affect Credo Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Credo Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credo Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credo Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.