Credo Technology Group Holding Ltd. (CRDO) vs Monolithic Power Systems, Inc. (MPWR)

Credo Technology Group Holding Ltd. and Monolithic Power Systems, Inc. are both Semiconductors companies. Monolithic Power Systems, Inc. is the larger, with a market value of $66.6B against $37.7B — 1.8× the size. Credo Technology Group Holding Ltd. trades at the lower P/E: 71.5× against 83.3×. Credo Technology Group Holding Ltd. grew revenue faster over the last twelve months: 165.1% against 28.7%. Credo Technology Group Holding Ltd. has the higher net margin (33.8% vs 24.5%) and the lower return on invested capital (16.1% vs 23.7%). Across the 21 metrics below, Credo Technology Group Holding Ltd. leads on 16 and Monolithic Power Systems, Inc. on 5.

Valuation

Metric CRDO MPWR Semiconductors median
P/E 71.52 83.33 49.41
P/S 24.66 20.53 8.58
P/B 14.38 17.25 5.49
Price to free cash flow 89.47 174.99 47.02
EV/EBITDA 69.36 65.87 30.78
EV/Sales 24.18 20.10 8.79
Earnings yield 1.40% 1.20% 0.62%
Free cash flow yield 1.12% 0.57% 0.59%

Profitability

Metric CRDO MPWR Semiconductors median
Gross margin 67.07% 55.20% 52.25%
Operating margin 31.74% 28.72% 4.85%
Net margin 33.83% 24.50% 4.77%
Free cash flow margin 27.57% 11.88% 8.65%
Return on equity 30.67% 21.98% 3.11%
Return on assets 27.48% 18.52% 1.91%
Return on invested capital 16.07% 23.68% 2.46%

Growth

Metric CRDO MPWR Semiconductors median
Revenue growth (TTM) 165.11% 28.67% 16.66%
EPS growth (last fiscal year) 765.52% (65.15%) —
Revenue growth, 5-year CAGR 86.80% 27.00% 5.60%
Net income growth, 5-year CAGR 0.00% 30.47% 0.00%

Health

Metric CRDO MPWR Semiconductors median
Debt to equity 0.00 0.00 0.05
Current ratio 7.40 4.98 3.35
Net debt to EBITDA (3.01) (1.62) 0.58

Dividend

Metric CRDO MPWR Semiconductors median
Dividend yield — 0.68% 1.93%
Payout ratio 0.00 0.38 0.00

Size

Metric CRDO MPWR Semiconductors median
Market cap 37.68b 66.58b 5.67b

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