Credo Technology Group Holding Ltd (CRDO)
Total Valuation
CRDO has a market cap or net worth of $1.59 billion. The enterprise value is $1.35 billion.
| Market Cap | 1.59B |
| Enterprise Value | 1.35B |
Important Dates
The latest earnings date was Wednesday, June 1, 2022, after market close.
| Last Earnings Date | Jun 1, 2022 |
| Ex-Dividend Date | n/a |
Share Statistics
CRDO has 145.30 million shares outstanding.
| Shares Outstanding | 145.30M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | +19.76% |
| Owned by Insiders (%) | 33.65% |
| Owned by Institutions (%) | 26.27% |
| Float | 86.22M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 75.19 |
| PS Ratio | 14.96 |
| PB Ratio | 4.77 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 12.66 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 12.54, with a Debt / Equity ratio of 0.04.
| Current Ratio | 12.54 |
| Quick Ratio | 10.90 |
| Debt / Equity | 0.04 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
Financial Efficiency
Return on equity (ROE) is -15.90%, which is considered low. The company has a ROIC of -30.90%.
| Return on Equity (ROE) | -15.90% |
| Return on Assets (ROA) | -8.30% |
| Return on Capital (ROIC) | -30.90% |
| Revenue Per Employee | $300,782 |
| Profits Per Employee | -$62,644 |
| Employee Count | 354 |
| Asset Turnover | 0.40 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -37,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
| Beta (1Y) | n/a |
| Total Price Change | +15.00% |
| 50-Day Moving Average | 11.68 |
| 200-Day Moving Average | 12.83 |
| Average Volume (30 Days) | 474,491 |
Short Selling Information
The latest short interest is 5.76 million, so 3.96% of the outstanding shares have been sold short.
| Short Interest | 5.76M |
| Short % of Shares Out | 3.96% |
| Short % of Float | 6.68% |
| Short Ratio (days to cover) | 13.19 |
Income Statement
In the last 12 months, CRDO had revenue of $106.48 million and -22.18 million in losses. Earnings per share was -$0.25.
| Revenue | 106.48M |
| Gross Profit | 64.02M |
| Operating Income | -21.97M |
| Pretax Income | -22.21M |
| Net Income | -22.18M |
| EBITDA | -17.42M |
| EBIT | -22.21M |
| Earnings Per Share (EPS) | -$0.25 |
Balance Sheet
The company has $259.32 million in cash and $14.81 million in debt, giving a net cash position of $244.51 million or $1.68 per share.
| Cash & Cash Equivalents | 259.32M |
| Total Debt | 14.81M |
| Net Cash | 244.51M |
| Net Cash Per Share | $1.68 |
| Book Value | 334.16M |
| Book Value Per Share | 2.30 |
| Working Capital | 305.68M |
Cash Flow
In the last 12 months, operating cash flow was -$30.83 million and capital expenditures -$17.58 million, giving a free cash flow of -$48.41 million.
| Operating Cash Flow | -30.83M |
| Capital Expenditures | -17.58M |
| Free Cash Flow | -48.41M |
| FCF Per Share | n/a |
Margins
Gross margin is 60.12%, with operating and profit margins of -20.63% and -20.83%.
| Gross Margin | 60.12% |
| Operating Margin | -20.63% |
| Pretax Margin | -20.86% |
| Profit Margin | -20.83% |
| EBITDA Margin | -16.36% |
| EBIT Margin | -20.86% |
| FCF Margin | -45.47% |
Dividends & Yields
CRDO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | -1.39% |
| FCF Yield | -3.04% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | n/a |
| Shareholder Yield | n/a |
Analyst Forecast
The average price target for CRDO is $18.55, which is 69.25% higher than the current price. The consensus rating is "Buy".
| Price Target | $18.55 |
| Price Target Difference | 69.25% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |