CREDO TECHNOLOGY GROUP HOLDING LTD |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 26.1 USD | +1.60% |
|
+30.70% | +34.05% |
| May. 30 | Sector Update: Tech Stocks Mixed Thursday Afternoon | MT |
| May. 30 | Credo Technology Group Swings to Non-GAAP Earnings in Fiscal Q4 as Revenue Rises; Q1 Outlook Set; Shares Rise | MT |
Valuation
| Fiscal Period: April | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Capitalization 1 | 1,599 | 1,200 | 4,257 | - | - |
| Enterprise Value (EV) 1 | 1,339 | 1,092 | 3,014 | 3,967 | 3,918 |
| P/E ratio | -44.2 x | -73.7 x | -103 x | 303 x | 54.6 x |
| Yield | - | - | - | - | - |
| Capitalization / Revenue | 15 x | 6.52 x | 15.6 x | 13.7 x | 9.17 x |
| EV / Revenue | 12.6 x | 5.93 x | 15.6 x | 12.7 x | 8.44 x |
| EV / EBITDA | -318 x | 68.5 x | 278 x | 69.4 x | 31.3 x |
| EV / FCF | -27.7 x | -23.6 x | 198 x | 173 x | 35.7 x |
| FCF Yield | -3.61% | -4.24% | 0.5% | 0.58% | 2.8% |
| Price to Book | 5.23 x | 3.76 x | 8.46 x | 7.95 x | 7.41 x |
| Nbr of stocks (in thousands) | 144,804 | 147,988 | 163,291 | - | - |
| Reference price 2 | 11.04 | 8.110 | 26.07 | 26.07 | 26.07 |
| Announcement Date | 6/1/22 | 5/31/23 | 5/29/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: April | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 106.5 | 184.2 | 193 | 311.9 | 464 |
| EBITDA 1 | - | -4.213 | 15.95 | 14.4 | 57.15 | 125.2 |
| EBIT 1 | - | -9.006 | 6.432 | 0.706 | 47.04 | 114.1 |
| Operating Margin | - | -8.46% | 3.49% | 0.37% | 15.08% | 24.6% |
| Earnings before Tax (EBT) 1 | - | - | -17.91 | -22.74 | 28 | 75.5 |
| Net income 1 | -27.51 | -22.18 | -16.55 | -28.37 | 14.42 | 72.74 |
| Net margin | - | -20.83% | -8.98% | -14.7% | 4.62% | 15.68% |
| EPS 2 | -0.4000 | -0.2500 | -0.1100 | -0.1800 | 0.0860 | 0.4775 |
| Free Cash Flow 1 | - | -48.41 | -46.33 | 20.16 | 22.98 | 109.9 |
| FCF margin | - | -45.47% | -25.15% | 10.45% | 7.37% | 23.68% |
| FCF Conversion (EBITDA) | - | - | - | 140.02% | 40.2% | 87.74% |
| FCF Conversion (Net income) | - | - | - | - | 159.36% | 151.05% |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 8/12/21 | 6/1/22 | 5/31/23 | 5/29/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: April | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 31.8 | 37.53 | 46.47 | 51.37 | 54.27 | 32.09 | 35.1 | 44.04 | 53.06 | 60.78 | 59.43 | 62.44 | 84.99 | 103.1 |
| EBITDA 1 | 2.656 | 3.933 | 7.352 | 6.023 | 9.675 | -5.501 | -3.473 | 2.967 | 5.858 | 8.131 | 5.001 | 6.728 | 18.79 | 25.25 |
| EBIT 1 | 1.394 | 2.402 | 5.716 | 3.399 | 6.694 | -8.482 | -6.423 | -0.731 | 2.421 | 7.462 | 2.149 | 4.833 | 15.75 | 24.32 |
| Operating Margin | 4.38% | 6.4% | 12.3% | 6.62% | 12.33% | -26.43% | -18.3% | -1.66% | 4.56% | 12.28% | 3.62% | 7.74% | 18.54% | 23.58% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | -0.144 | -5.355 | -0.073 | -3.36 | 2.823 | -15.94 | -11.7 | -6.623 | 0.428 | -10.48 | -5.5 | -3.175 | 6.375 | 14.92 |
| Net margin | -0.45% | -14.27% | -0.16% | -6.54% | 5.2% | -49.67% | -33.33% | -15.04% | 0.81% | -17.24% | -9.25% | -5.09% | 7.5% | 14.47% |
| EPS 2 | -0.002000 | -0.0400 | - | -0.0200 | 0.0200 | -0.1100 | -0.0800 | -0.0400 | - | -0.0600 | -0.0350 | -0.0200 | 0.0375 | 0.0875 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/9/22 | 6/1/22 | 8/31/22 | 11/30/22 | 3/1/23 | 5/31/23 | 8/24/23 | 11/29/23 | 2/27/24 | 5/29/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: April | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | - | 259 | 109 | 258 | 290 | 339 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -48.4 | -46.3 | 20.2 | 23 | 110 |
| ROE (net income / shareholders' equity) | - | -7.36% | 2.55% | -0.28% | 8.15% | 14.3% |
| ROA (Net income/ Total Assets) | - | -3.86% | 2.25% | -0.2% | 8.8% | 11.6% |
| Assets 1 | - | 573.9 | -736.2 | 8,508 | 163.8 | 629.8 |
| Book Value Per Share 2 | - | 2.110 | 2.160 | 3.080 | 3.280 | 3.520 |
| Cash Flow per Share 2 | - | -0.3500 | -0.1700 | 0.2300 | 0.2800 | 0.6500 |
| Capex 1 | - | 17.6 | 21.7 | 16.7 | 22.1 | 28.6 |
| Capex / Sales | - | 16.51% | 11.79% | 8.67% | 7.09% | 6.17% |
| Announcement Date | 8/12/21 | 6/1/22 | 5/31/23 | 5/29/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
26.07
USD
Average target price
27.58
USD
Spread / Average Target
+5.80%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +34.05% | 4.26B | |
| +38.45% | 655B | |
| +19.20% | 616B | |
| +13.30% | 270B | |
| +41.14% | 228B | |
| +14.39% | 178B | |
| +46.48% | 138B | |
| -38.55% | 131B | |
| +60.37% | 125B | |
| +18.10% | 116B |
- Stock Market
- Equities
- CRDO Stock
- Financials Credo Technology Group Holding Ltd
