Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltdverified

CRDO

Price:

$24.38

Market Cap:

$4.05B

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.[Read more]

Industry

Communication Equipment

IPO Date

2022-01-27

Stock Exchange

NASDAQ

Ticker

CRDO

The ROE as of September 2024 (TTM) for Credo Technology Group Holding Ltd (CRDO) is -5.30%

According to Credo Technology Group Holding Ltd’s latest financial reports and current stock price. The company's current ROE is -5.30%. This represents a change of 287.22% compared to the average of -1.37% of the last 4 quarters.

Credo Technology Group Holding Ltd (CRDO) Historical ROE (quarterly & annually)

How has CRDO ROE performed in the past?

The mean historical ROE of Credo Technology Group Holding Ltd over the last ten years is 3.77%. The current -5.30% ROE has changed -240.63% with respect to the historical average. Over the past ten years (40 quarters), CRDO's ROE was at its highest in in the July 2021 quarter at 18.92%. The ROE was at its lowest in in the April 2023 quarter at -4.58%.

Quarterly (TTM)
Annual

Average

3.77%

Median

-5.25%

Minimum

-14.13%

Maximum

49.63%

Credo Technology Group Holding Ltd (CRDO) ROE by Quarter and Year

Discovering the peaks and valleys of Credo Technology Group Holding Ltd ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 10.33%

Maximum Annual ROE = 49.63%

Minimum Annual Increase = -451.34%

Minimum Annual ROE = -14.13%

Quarterly (TTM)
Annual
YearROEChange
2024-5.25%10.33%
2023-4.76%-28.27%
2022-6.64%-113.37%
202149.63%-451.34%

Credo Technology Group Holding Ltd (CRDO) Average ROE

How has CRDO ROE performed in the past?

The current ROE of Credo Technology Group Holding Ltd (CRDO) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-5.55%

5-year avg

3.77%

10-year avg

3.77%

Credo Technology Group Holding Ltd (CRDO) ROE vs. Peers

How is CRDO’s ROE compared to its peers?

Credo Technology Group Holding Ltd’s ROE is less than Zebra Technologies Corporation (7.36%), less than Ubiquiti Inc. (3.32%), less than Ciena Corporation (4.79%), greater than Clearfield, Inc. (-3.06%), greater than Viavi Solutions Inc. (-3.70%), greater than Infinera Corporation (-61.49%), greater than Applied Optoelectronics, Inc. (-37.19%), less than Juniper Networks, Inc. (5.25%), less than Cisco Systems, Inc. (22.60%), less than Nokia Oyj (1.80%), less than Motorola Solutions, Inc. (243.09%), greater than Lumentum Holdings Inc. (-46.29%), greater than Extreme Networks, Inc. (-112.04%), greater than Actelis Networks, Inc. (-4430.07%), greater than ClearOne, Inc. (-9.75%), greater than Siyata Mobile Inc. (-284.84%), less than Satixfy Communications Ltd. (6.35%), greater than Wireless Telecom Group, Inc. (-1.69%),

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