XNASCRDO
Market cap11bUSD
Dec 20, Last price
68.51USD
1D
2.19%
1Q
134.78%
IPO
512.24%
Name
Credo Technology Group Holding Ltd
Chart & Performance
P/E
—
P/S
59.37
EPS
—
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
193m
+4.76%
Net income
-28m
L+71.44%
CFO
33m
P
Profile
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2024‑04 | 2023‑04 | 2022‑04 | 2021‑04 | 2020‑04 | |
| Income | |||||
Revenues | 192,970 4.76% | 184,194 72.99% | 106,477 81.40% | ||
Cost of revenue | 169,070 | 154,774 | 90,411 | ||
Unusual Expense (Income) | |||||
NOPBT | 23,900 | 29,420 | 16,066 | ||
NOPBT Margin | 12.39% | 15.97% | 15.09% | ||
Operating Taxes | 5,624 | (1,367) | (37) | ||
Tax Rate | 23.53% | ||||
NOPAT | 18,276 | 30,787 | 16,103 | ||
Net income | (28,369) 71.44% | (16,547) -25.38% | (22,176) -19.39% | ||
Dividends | |||||
Dividend yield | |||||
Proceeds from repurchase of equity | 173,431 | 5,501 | 194,205 | ||
BB yield | -6.03% | -0.46% | -19.90% | ||
| Debt | |||||
Debt current | 2,741 | 2,630 | 2,379 | ||
Long-term debt | 33,399 | 38,607 | 31,997 | ||
Deferred revenue | 128 | 380 | |||
Other long-term liabilities | (5,280) | (7,116) | 220 | ||
Net debt | (373,863) | (176,574) | (224,946) | ||
| Cash flow | |||||
Cash from operating activities | 32,737 | (24,615) | (30,832) | ||
CAPEX | (15,652) | (21,713) | (17,580) | ||
Cash from investing activities | (249,485) | (130,941) | (17,580) | ||
Cash from financing activities | 175,276 | 4,885 | 204,181 | ||
FCF | 21,212 | (24,404) | (38,615) | ||
| Balance | |||||
Cash | 410,003 | 217,811 | 259,322 | ||
Long term investments | |||||
Excess cash | 400,354 | 208,601 | 253,998 | ||
Stockholders' equity | (135,856) | (107,160) | (90,399) | ||
Invested Capital | 707,042 | 476,427 | 440,658 | ||
ROIC | 3.09% | 6.71% | 6.69% | ||
ROCE | 4.27% | 7.98% | 4.59% | ||
| EV | |||||
Common stock shares outstanding | 155,091 | 146,556 | 88,398 | ||
Price | 18.56 128.85% | 8.11 -26.54% | 11.04 | ||
Market cap | 2,878,489 142.18% | 1,188,569 21.79% | 975,914 | ||
EV | 2,504,626 | 1,011,995 | 750,968 | ||
EBITDA | 37,671 | 38,934 | 20,859 | ||
EV/EBITDA | 66.49 | 25.99 | 36.00 | ||
Interest | 6,513 | ||||
Interest/NOPBT | 40.54% | ||||