Credo Technology Group Holding Ltd (CRDO) Financial Ratios
6 years of historical data (2020–2025) · Technology · Communication Equipment
EV/EBITDA
832.88
↑+559% vs avg
5yr avg: 126.45
P/FCF
↑
1727.62
↑+702% vs avg
5yr avg: 215.47
30Y Low162.2·High162.2
P/B Ratio
↑
72.25
↑+1066% vs avg
5yr avg: 6.20
30Y Low3.4·High11.4
ROE
↑
8.5%
↓+284% vs avg
5yr avg: -4.7%
30Y Low-16%·High9%
Debt/EBITDA
0.27
+0% vs avg
5yr avg: 0.27
30Y Low0.3·High0.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CRDO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Credo Technology Group Holding Ltd trades at 937.3x earnings, 531% above its 5-year average of 148.4x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 3131%. On a free-cash-flow basis, the stock trades at 1727.6x P/FCF, 702% above the 5-year average of 215.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $50.1B | $7.8B | $2.8B | $1.2B | $1.6B | — | — |
| Enterprise Value | $49.9B | $7.6B | $2.7B | $1.1B | $1.4B | — | — |
| P/E Ratio → | 937.34 | 148.45 | — | — | — | — | — |
| P/S Ratio | 114.79 | 17.86 | 14.36 | 6.45 | 15.04 | — | — |
| P/B Ratio | 72.25 | 11.44 | 5.13 | 3.42 | 4.79 | — | — |
| P/FCF | 1727.62 | 268.72 | 162.22 | — | — | — | — |
| P/OCF | 770.39 | 119.83 | 84.66 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
CRDO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Credo Technology Group Holding Ltd's enterprise value stands at 832.9x EBITDA, 559% above its 5-year average of 126.4x. The Technology sector median is 16.7x, placing the stock at a 4898% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 17.35 | 14.09 | 5.95 | 12.76 | — | — |
| EV / EBITDA | 832.88 | 126.45 | — | — | — | — | — |
| EV / EBIT | 1313.75 | 138.12 | — | — | — | — | — |
| EV / FCF | — | 261.13 | 159.11 | — | — | — | — |
CRDO Profitability
Margins and return-on-capital ratios measuring operating efficiency
Credo Technology Group Holding Ltd earns an operating margin of 8.7%. Operating margins have expanded from -11.5% to 8.7% over the past 3 years, signaling improving operational efficiency. ROE of 8.5% is modest. ROIC of 6.0% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 64.8% | 64.8% | 61.9% | 57.7% | 60.1% | 65.2% | 85.6% |
| Operating Margin | 8.7% | 8.7% | -19.2% | -11.5% | -20.6% | -43.0% | 3.8% |
| Net Profit Margin | 11.9% | 11.9% | -14.7% | -9.0% | -20.8% | -46.9% | 2.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 8.5% | 8.5% | -6.4% | -4.9% | -15.9% | — | — |
| ROA | 7.4% | 7.4% | -5.7% | -4.3% | -8.3% | -20.9% | 1.2% |
| ROIC | 6.0% | 6.0% | -7.5% | -9.2% | -17.9% | — | — |
| ROCE | 6.0% | 6.0% | -8.0% | -5.9% | -8.9% | -21.7% | 2.3% |
CRDO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Credo Technology Group Holding Ltd carries a Debt/EBITDA ratio of 0.3x, which is very conservative (91% below the sector average of 2.9x). The company holds a net cash position — cash of $236M exceeds total debt of $16M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.03 | 0.04 | 0.05 | — | — |
| Debt / EBITDA | 0.27 | 0.27 | — | — | — | — | — |
| Net Debt / Equity | — | -0.32 | -0.10 | -0.27 | -0.72 | — | — |
| Net Debt / EBITDA | -3.68 | -3.68 | — | — | — | — | -19.03 |
| Debt / FCF | — | -7.59 | -3.11 | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — |
Net cash position: cash ($236M) exceeds total debt ($16M)
CRDO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Credo Technology Group Holding Ltd's current ratio of 6.62x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 5.79x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 10.58x to 6.62x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 6.62 | 6.62 | 11.88 | 10.58 | 12.54 | 11.00 | 5.16 |
| Quick Ratio | 5.79 | 5.79 | 11.30 | 9.09 | 11.50 | 10.43 | 5.04 |
| Cash Ratio | 4.00 | 4.00 | 9.19 | 7.02 | 9.79 | 8.28 | 3.98 |
| Asset Turnover | — | 0.54 | 0.32 | 0.46 | 0.28 | 0.38 | 0.50 |
| Inventory Turnover | 1.71 | 1.71 | 2.84 | 1.69 | 1.55 | 2.87 | 3.40 |
| Days Sales Outstanding | — | 135.50 | 153.63 | 116.89 | 135.73 | 113.22 | 122.30 |
CRDO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Credo Technology Group Holding Ltd does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.1% | 0.7% | — | — | — | — | — |
| FCF Yield | 0.1% | 0.4% | 0.6% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $181M | $155M | $147M | $145M | $140M | $73M |
Peer Comparison
Compare CRDO with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CRDOYou | $50B | 937.3 | 832.9 | 1727.6 | 64.8% | 8.7% | 8.5% | 6.0% | 0.3 |
 MRVL | $272B | 101.2 | 104.2 | 194.6 | 51.0% | 16.3% | 19.3% | 6.0% | 1.8 |
 MTSI | $30B | -536.2 | 157.0 | 154.9 | 54.9% | 13.4% | -4.4% | 6.0% | 2.8 |
 CIEN | $61B | 503.8 | 135.5 | 91.1 | 42.0% | 6.5% | 4.4% | 6.9% | 3.5 |
 LITE | $61B | 2297.3 | 819.5 | — | 28.0% | -10.9% | 2.5% | -4.3% | 34.0 |
 AVGO | $2.0T | 86.2 | 58.6 | 72.7 | 67.8% | 39.9% | 31.0% | 14.9% | 1.9 |
 SLAB | $7B | -111.0 | — | 110.2 | 58.2% | -9.0% | -6.0% | -6.8% | — |
 MPWR | $77B | 122.6 | 97.1 | 115.3 | 55.2% | 26.1% | 18.4% | 22.2% | 0.0 |
 ALGM | $11B | -732.9 | 100.2 | 87.5 | 46.4% | 4.8% | -1.6% | 2.8% | 2.6 |
 NVDA | $5.1T | 43.0 | 38.3 | 52.8 | 71.1% | 60.4% | 101.5% | 81.8% | 0.1 |
 AMD | $876B | 202.8 | 130.6 | 130.1 | 49.5% | 10.7% | 7.2% | 4.7% | 0.7 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 6 years · Updated daily
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into CRDO consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
CRDO — Frequently Asked Questions
Quick answers to the most common questions about buying CRDO stock.
What is Credo Technology Group Holding Ltd's P/E ratio?
Credo Technology Group Holding Ltd's current P/E ratio is 937.3x. The historical average is 148.4x. This places it at the 100th percentile of its historical range.
What is Credo Technology Group Holding Ltd's EV/EBITDA?
Credo Technology Group Holding Ltd's current EV/EBITDA is 832.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is Credo Technology Group Holding Ltd's ROE?
Credo Technology Group Holding Ltd's return on equity (ROE) is 8.5%. The historical average is -4.7%.
Is CRDO stock overvalued?
Based on historical data, Credo Technology Group Holding Ltd is trading at a P/E of 937.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Credo Technology Group Holding Ltd's profit margins?
Credo Technology Group Holding Ltd has 64.8% gross margin and 8.7% operating margin.
How much debt does Credo Technology Group Holding Ltd have?
Credo Technology Group Holding Ltd's Debt/EBITDA ratio is 0.3x, indicating low leverage. A ratio below 2x is generally considered financially healthy.