Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · IEX Real-Time Price · USD
10.96
-0.52 (-4.53%)
At close: Jul 6, 2022 4:00 PM
11.50
+0.54 (4.93%)
After-hours: Jul 6, 2022 7:19 PM EDT

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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
Dividend Details

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 Forecasts

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