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ALAB vs. CRDO: Astera Labs vs. Credo Technology Group Stock Comparison

How do Astera Labs (ALAB) and Credo Technology Group (CRDO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Astera Labs (ALAB) and Credo Technology Group (CRDO) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for Astera Labs (ALAB) and Credo Technology Group (CRDO)
Profile ItemALABCRDO
NameASTERA LABS INC COMMON STOCK (Ticker: 1ALAB)Credo Technology Group Holding Ltd.
Country/RegionUnited StatesCayman Islands
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductors
Market Capitalization75.36 billion USD56.41 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateMarch 20, 2024January 27, 2022
Security TypeCommon StockCommon Stock

Performance

Cumulative Growth

ALAB
CRDO
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Astera Labs (ALAB) and Credo Technology Group (CRDO). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
Total Return (1Y)372.37%253.78%

Risk

Drawdown

ALAB
CRDO
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
Volatility (1Y, Annualized)96.38%87.00%
Beta (5Y)3.723.17
Avg. Volume (3M)5.98M7.75M

Profitability

ROE (TTM)

Both Astera Labs (ALAB) at 21.11% and Credo Technology Group (CRDO) at 34.41% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

21.11%

Max
39.82%
ALAB
21.11%
Q3
17.52%
Median
6.57%
Q1
-4.94%
Min
-35.15%

CRDO

Semiconductors & Semiconductor Equipment industry group

34.41%

Max
39.82%
CRDO
34.41%
Q3
17.52%
Median
6.57%
Q1
-4.94%
Min
-35.15%
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Astera Labs (ALAB) at 26.72% and Credo Technology Group (CRDO) at 35.37% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ALAB

Semiconductors & Semiconductor Equipment industry group

26.72%

Max
57.72%
ALAB
26.72%
Q3
20.98%
Median
7.10%
Q1
-3.84%
Min
-32.92%

CRDO

Semiconductors & Semiconductor Equipment industry group

35.37%

Max
57.72%
CRDO
35.37%
Q3
20.98%
Median
7.10%
Q1
-3.84%
Min
-32.92%
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Credo Technology Group (CRDO) at 35.66% operates in the top operating margin quartile, ahead of Astera Labs (ALAB) at 20.05%, which runs around its industry’s norm.

ALAB

Semiconductors & Semiconductor Equipment industry group

20.05%

Max
65.60%
Q3
21.58%
ALAB
20.05%
Median
9.68%
Q1
-8.51%
Min
-46.64%

CRDO

Semiconductors & Semiconductor Equipment industry group

35.66%

Max
65.60%
CRDO
35.66%
Q3
21.58%
Median
9.68%
Q1
-8.51%
Min
-46.64%
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability at a Glance

Profitability metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
ROE (TTM)21.11%34.41%
ROA (TTM)10.07%17.92%
Net Margin (TTM)26.72%35.37%
Operating Margin (TTM)20.05%35.66%
Gross Margin (TTM)75.99%68.04%

Growth

Revenue Growth

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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
Revenue Growth (YoY)115.13%205.68%
Revenue Growth (3Y CAGR)120.18%93.53%

EPS Growth

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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
EPS Growth (YoY)--765.52%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Both Astera Labs (ALAB) at 11.30 and Credo Technology Group (CRDO) at 10.15 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

ALAB

Semiconductors & Semiconductor Equipment industry group

11.30

ALAB
11.30
Max
11.30
Q3
6.01
Median
3.26
Q1
2.37
Min
0.51

CRDO

Semiconductors & Semiconductor Equipment industry group

10.15

Max
11.30
CRDO
10.15
Q3
6.01
Median
3.26
Q1
2.37
Min
0.51
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Astera Labs (ALAB) at 0.03 and Credo Technology Group (CRDO) at 0.01 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.03

Max
1.53
Q3
0.64
Median
0.21
Q1
0.04
ALAB
0.03
Min
0.00

CRDO

Semiconductors & Semiconductor Equipment industry group

0.01

Max
1.53
Q3
0.64
Median
0.21
Q1
0.04
CRDO
0.01
Min
0.00
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
Current Ratio (MRQ)11.3010.15
Debt / Equity (MRQ)0.030.01
Net Debt / EBITDA-4.90-2.96

Dividends

Dividend Yield (TTM)

Neither Astera Labs (ALAB) nor Credo Technology Group (CRDO) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

ALAB
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

CRDO

Semiconductors & Semiconductor Equipment industry group

0.00%

CRDO
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Astera Labs (ALAB) nor Credo Technology Group (CRDO) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
41.26%
Q3
19.05%
ALAB
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

CRDO

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
41.26%
Q3
19.05%
CRDO
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividends at a Glance

Dividend metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Credo Technology Group (CRDO) at 120.53 is near its industry’s usual P/E ratio, while Astera Labs (ALAB) at 295.07 sits above its peer range — an unusually expensive price for ALAB’s trailing earnings.

ALAB

Semiconductors & Semiconductor Equipment industry group

295.07

ALAB
295.07
Max
290.37
Q3
149.77
Median
73.50
Q1
52.35
Min
6.22

CRDO

Semiconductors & Semiconductor Equipment industry group

120.53

Max
290.37
Q3
149.77
CRDO
120.53
Median
73.50
Q1
52.35
Min
6.22
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Investors are paying well above the peer range per dollar of sales for both Astera Labs (ALAB) at 75.25 and Credo Technology Group (CRDO) at 42.25 — each P/S ratio clears its industry’s benchmark range.

ALAB

Semiconductors & Semiconductor Equipment industry group

75.25

ALAB
75.25
Max
38.08
Q3
23.03
Median
11.02
Q1
4.71
Min
0.02

CRDO

Semiconductors & Semiconductor Equipment industry group

42.25

CRDO
42.25
Max
38.08
Q3
23.03
Median
11.02
Q1
4.71
Min
0.02
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Credo Technology Group (CRDO) at 27.18 sits in the upper P/B ratio quartile, and Astera Labs (ALAB) at 50.41 prices even higher, above its industry range.

ALAB

Semiconductors & Semiconductor Equipment industry group

50.41

ALAB
50.41
Max
28.42
Q3
15.74
Median
8.60
Q1
4.34
Min
0.22

CRDO

Semiconductors & Semiconductor Equipment industry group

27.18

Max
28.42
CRDO
27.18
Q3
15.74
Median
8.60
Q1
4.34
Min
0.22
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Astera Labs (ALAB) vs. Credo Technology Group (CRDO): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation at a Glance

Valuation metrics for Astera Labs (ALAB) and Credo Technology Group (CRDO)
MetricALABCRDO
P/E Ratio (TTM)295.07120.53
P/S Ratio (TTM)75.2542.25
P/B Ratio (MRQ)50.4127.18
Free Cash Flow Yield (TTM)0.32%0.44%