Credo Technology Group Holding Ltd. (CRDO) vs MACOM Technology Solutions Holdings, Inc. (MTSI)

Credo Technology Group Holding Ltd. and MACOM Technology Solutions Holdings, Inc. are both Semiconductors companies. Credo Technology Group Holding Ltd. is the larger, with a market value of $40.7B against $25.2B — 1.6× the size. Credo Technology Group Holding Ltd. trades at the lower P/E: 68.1× against 95.9×. Credo Technology Group Holding Ltd. grew revenue faster over the last twelve months: 165.1% against 28.4%. Credo Technology Group Holding Ltd. has the higher net margin (33.8% vs 20.7%) and the higher return on invested capital (16.1% vs 10.3%). Across the 21 metrics below, Credo Technology Group Holding Ltd. leads on 19 and MACOM Technology Solutions Holdings, Inc. on 2.

Valuation

Metric CRDO MTSI Semiconductors median
P/E 68.08 95.89 48.20
P/S 23.48 20.12 8.22
P/B 13.69 15.20 5.00
Price to free cash flow 85.18 120.63 51.38
EV/EBITDA 65.96 84.48 30.79
EV/Sales 23.00 19.90 8.57
Earnings yield 1.47% 1.04% 0.65%
Free cash flow yield 1.17% 0.83% 0.59%

Profitability

Metric CRDO MTSI Semiconductors median
Gross margin 67.07% 56.54% 52.28%
Operating margin 31.74% 18.11% 4.76%
Net margin 33.83% 20.70% 4.26%
Free cash flow margin 27.57% 16.68% 8.47%
Return on equity 30.67% 17.18% 2.59%
Return on assets 27.48% 11.61% 1.78%
Return on invested capital 16.07% 10.26% 2.27%

Growth

Metric CRDO MTSI Semiconductors median
Revenue growth (TTM) 165.11% 28.36% 16.92%
EPS growth (last fiscal year) 765.52% (170.19%) 27.17%
Revenue growth, 5-year CAGR 86.80% 12.78% 5.83%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CRDO MTSI Semiconductors median
Debt to equity 0.00 0.26 0.05
Current ratio 7.40 2.34 3.28
Net debt to EBITDA (3.01) (1.15) 0.58

Dividend

Metric CRDO MTSI Semiconductors median
Dividend yield — — 1.07%
Payout ratio — — 0.40

Size

Metric CRDO MTSI Semiconductors median
Market cap 40.70b 25.21b 5.36b

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