Financials Credo Technology Group Holding Ltd

Equities

CRDO

KYG254571055

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
17.3 USD +0.29% Intraday chart for Credo Technology Group Holding Ltd -4.79% -11.15%

Valuation

Fiscal Period: April 2022 2023 2024 2025 2026
Capitalization 1 1,599 1,200 2,817 - -
Enterprise Value (EV) 1 1,339 1,092 2,559 2,539 2,494
P/E ratio -44.2 x -73.7 x -161 x 105 x 35.4 x
Yield - - - - -
Capitalization / Revenue 15 x 6.52 x 14.6 x 9.13 x 6.28 x
EV / Revenue 12.6 x 5.93 x 13.3 x 8.23 x 5.56 x
EV / EBITDA -318 x 68.5 x 178 x 40.7 x 17.4 x
EV / FCF -27.7 x -23.6 x 127 x 132 x 25.8 x
FCF Yield -3.61% -4.24% 0.79% 0.76% 3.87%
Price to Book 5.23 x 3.76 x 5.59 x 5.18 x 4.65 x
Nbr of stocks (in thousands) 144,804 147,988 163,291 - -
Reference price 2 11.04 8.110 17.25 17.25 17.25
Announcement Date 6/1/22 5/31/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2021 2022 2023 2024 2025 2026
Net sales 1 - 106.5 184.2 193 308.6 448.4
EBITDA 1 - -4.213 15.95 14.4 62.37 143.7
EBIT 1 - -9.006 6.432 0.706 50.14 116.3
Operating Margin - -8.46% 3.49% 0.37% 16.25% 25.95%
Earnings before Tax (EBT) 1 - - -17.91 -16 16 43
Net income 1 -27.51 -22.18 -16.55 -17.02 24.9 69.42
Net margin - -20.83% -8.98% -8.82% 8.07% 15.48%
EPS 2 -0.4000 -0.2500 -0.1100 -0.1071 0.1643 0.4875
Free Cash Flow 1 - -48.41 -46.33 20.16 19.2 96.52
FCF margin - -45.47% -25.15% 10.45% 6.22% 21.53%
FCF Conversion (EBITDA) - - - 140.02% 30.78% 67.16%
FCF Conversion (Net income) - - - - 77.11% 139.03%
Dividend per Share 2 - - - - - -
Announcement Date 8/12/21 6/1/22 5/31/23 - - -
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 60.82 59.07 64.58 83.42 96.96
EBITDA 1 2.656 3.933 7.352 6.023 9.675 -5.501 -3.473 2.967 5.858 8.131 3.311 4.955 22 26.3
EBIT 1 1.394 2.402 5.716 3.399 6.694 -8.482 -6.423 -0.731 2.421 5.39 2.742 5.574 16.51 24.07
Operating Margin 4.38% 6.4% 12.3% 6.62% 12.33% -26.43% -18.3% -1.66% 4.56% 8.86% 4.64% 8.63% 19.79% 24.82%
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 0.125 -3.518 -0.95 10.2 18.62
Net margin -0.45% -14.27% -0.16% -6.54% 5.2% -49.67% -33.33% -15.04% 0.81% 0.21% -5.95% -1.47% 12.23% 19.21%
EPS 2 -0.002000 -0.0400 - -0.0200 0.0200 -0.1100 -0.0800 -0.0400 - 0.002000 -0.0117 0.001670 0.0650 0.1140
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 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: April 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - 259 109 258 278 322
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - -48.4 -46.3 20.2 19.2 96.5
ROE (net income / shareholders' equity) - -7.36% 2.55% -0.28% 6.03% 13.2%
ROA (Net income/ Total Assets) - -3.86% 2.25% -0.2% 5.3% 10.4%
Assets 1 - 573.9 -736.2 8,508 469.8 670.8
Book Value Per Share 2 - 2.110 2.160 3.080 3.330 3.710
Cash Flow per Share 2 - -0.3500 -0.1700 0.2300 0.2200 0.5900
Capex 1 - 17.6 21.7 16.7 23.1 28.8
Capex / Sales - 16.51% 11.79% 8.67% 7.49% 6.43%
Announcement Date 8/12/21 6/1/22 5/31/23 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
17.3 USD
Average target price
26.42 USD
Spread / Average Target
+52.70%
Consensus
  1. Stock Market
  2. Equities
  3. CRDO Stock
  4. Financials Credo Technology Group Holding Ltd