Credo Technology Group Ho... (CRDO)
Credo Technology Ltd Statistics
Share Statistics
Credo Technology Ltd has 169.8M shares outstanding. The number of shares has increased by 1.24% in one year.
| Shares Outstanding | 169.8M |
| Shares Change (YoY) | 1.24% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 75.24% |
| Shares Floating | 146.59M |
| Failed to Deliver (FTD) Shares | 8.51K |
| FTD / Avg. Volume | 0.15% |
Short Selling Information
The latest short interest is 6.6M, so 3.95% of the outstanding shares have been sold short.
| Short Interest | 6.6M |
| Short % of Shares Out | 3.95% |
| Short % of Float | 4.83% |
| Short Ratio (days to cover) | 2.71 |
Valuation Ratios
The PE ratio is -101.47 and the forward PE ratio is 57.6. Credo Technology Ltd's PEG ratio is -1.59.
| PE Ratio | -101.47 |
| Forward PE | 57.6 |
| PS Ratio | 14.92 |
| Forward PS | 6.7 |
| PB Ratio | 5.33 |
| P/FCF Ratio | 168.48 |
| PEG Ratio | -1.59 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Credo Technology Ltd.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 11.88, with a Debt / Equity ratio of 0.02.
| Current Ratio | 11.88 |
| Quick Ratio | 11.3 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | -0.49 |
| Debt / FCF | 0.65 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $385.94K |
| Profits Per Employee | $-56.74K |
| Employee Count | 500 |
| Asset Turnover | 0.32 |
| Inventory Turnover | 2.84 |
Taxes
| Income Tax | 5.62M |
| Effective Tax Rate | -24.73% |
Stock Price Statistics
The stock price has increased by 92.69% in the last 52 weeks. The beta is 2.16, so Credo Technology Ltd's price volatility has been higher than the market average.
| Beta | 2.16 |
| 52-Week Price Change | 92.69% |
| 50-Day Moving Average | 58.43 |
| 200-Day Moving Average | 45.97 |
| Relative Strength Index (RSI) | 41.61 |
| Average Volume (20 Days) | 5.84M |
Income Statement
In the last 12 months, Credo Technology Ltd had revenue of 192.97M and earned -28.37M in profits. Earnings per share was -0.18.
| Revenue | 192.97M |
| Gross Profit | 119.43M |
| Operating Income | -36.29M |
| Net Income | -28.37M |
| EBITDA | -22.52M |
| EBIT | -36.29M |
| Earnings Per Share (EPS) | -0.18 |
Balance Sheet
The company has 66.94M in cash and 11.13M in debt, giving a net cash position of 55.81M.
| Cash & Cash Equivalents | 66.94M |
| Total Debt | 11.13M |
| Net Cash | 55.81M |
| Retained Earnings | -135.34M |
| Total Assets | 719.92M |
| Working Capital | 538.42M |
Cash Flow
In the last 12 months, operating cash flow was 32.74M and capital expenditures -15.65M, giving a free cash flow of 17.09M.
| Operating Cash Flow | 32.74M |
| Capital Expenditures | -15.65M |
| Free Cash Flow | 17.09M |
| FCF Per Share | 0.11 |
Margins
Gross margin is 61.89%, with operating and profit margins of -18.81% and -14.7%.
| Gross Margin | 61.89% |
| Operating Margin | -18.81% |
| Pretax Margin | -11.79% |
| Profit Margin | -14.7% |
| EBITDA Margin | -11.67% |
| EBIT Margin | -18.81% |
| FCF Margin | 8.85% |
Dividends & Yields
CRDO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for CRDO is $77.5, which is 79.2% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $77.5 |
| Price Target Difference | 79.2% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
Scores
| Altman Z-Score | 42.27 |
| Piotroski F-Score | 6 |