ALAB vs. CRDO: Astera Labs vs. Credo Stock Comparison
How do Astera Labs (ALAB) and Credo (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 (CRDO) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
| Profile Item | ALAB | CRDO |
|---|---|---|
| Name | Astera Labs, Inc. | Credo Technology Group Holding Ltd |
| Country/Region | United States | Cayman Islands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 33.33 billion USD | 22.65 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 20, 2024 | January 27, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| Total Return (1Y) | 31.42% | -17.42% |
| Total Return (3Y, Annualized) | -- | 107.84% |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| Volatility (1Y, Annualized) | 101.55% | 98.54% |
| Beta (5Y) | 3.95 | 3.31 |
| Max Drawdown (5Y) | -63.69% | -62.87% |
| Avg. Volume (3M) | 4.15M | 8.02M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | -0.22 |
| Sortino Ratio (1Y) | 0.39 | -0.32 |
Profitability
ROE (TTM)
Both Astera Labs (ALAB) at 28.21% and Credo (CRDO) at 30.67% 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
28.21%
- Max
- 52.82%
- ALAB
- 28.21%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
CRDO
Semiconductors & Semiconductor Equipment industry group
30.67%
- Max
- 52.82%
- CRDO
- 30.67%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
For every dollar of sales, both Astera Labs (ALAB) at 29.64% and Credo (CRDO) at 33.83% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ALAB
Semiconductors & Semiconductor Equipment industry group
29.64%
- Max
- 63.80%
- ALAB
- 29.64%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
CRDO
Semiconductors & Semiconductor Equipment industry group
33.83%
- Max
- 63.80%
- CRDO
- 33.83%
- Q3
- 28.36%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Astera Labs (ALAB) at 30.61% operates in the top operating margin quartile, ahead of Credo (CRDO) at 25.20%, which runs around its industry’s norm.
ALAB
Semiconductors & Semiconductor Equipment industry group
30.61%
- Max
- 58.66%
- ALAB
- 30.61%
- Q3
- 30.23%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
CRDO
Semiconductors & Semiconductor Equipment industry group
25.20%
- Max
- 58.66%
- Q3
- 30.23%
- CRDO
- 25.20%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| ROE (TTM) | 28.21% | 30.67% |
| ROA (TTM) | 13.41% | 16.11% |
| Net Margin (TTM) | 29.64% | 33.83% |
| Operating Margin (TTM) | 30.61% | 25.20% |
| Gross Margin (TTM) | 73.89% | 67.07% |
Growth
Revenue Growth
Both Astera Labs (ALAB) at 115.13% and Credo (CRDO) at 205.68% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
Only one side can be read here: Credo (CRDO) reports EPS growth of 765.52%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.
Growth Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| Revenue Growth (YoY) | 115.13% | 205.68% |
| Revenue Growth (3Y CAGR) | 120.18% | 93.53% |
| EPS Growth (YoY) | -- | 765.52% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Both Astera Labs (ALAB) at 8.03 and Credo (CRDO) at 7.40 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
8.03
- Max
- 10.33
- ALAB
- 8.03
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
CRDO
Semiconductors & Semiconductor Equipment industry group
7.40
- Max
- 10.33
- CRDO
- 7.40
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both Astera Labs (ALAB) at 0.02 and Credo (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
0.02
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- ALAB
- 0.02
- Min
- 0.00
CRDO
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- CRDO
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| Current Ratio (MRQ) | 8.03 | 7.40 |
| Debt / Equity (MRQ) | 0.02 | 0.01 |
| Net Debt / EBITDA | -3.23 | -1.36 |
Dividends
Dividend Yield (TTM)
Neither Astera Labs (ALAB) nor Credo (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
- 1.37%
- Q3
- 0.65%
- ALAB
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Astera Labs (ALAB) nor Credo (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
- 49.64%
- Q3
- 21.71%
- ALAB
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Credo (CRDO) at 42.73 is near its industry’s usual P/E ratio, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — ALAB needs stronger growth or earnings quality to justify the premium.
ALAB
Semiconductors & Semiconductor Equipment industry group
75.38
- Max
- 110.34
- ALAB
- 75.38
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
CRDO
Semiconductors & Semiconductor Equipment industry group
42.73
- Max
- 110.34
- Q3
- 66.81
- CRDO
- 42.73
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
Both Astera Labs (ALAB) at 21.42 and Credo (CRDO) at 14.24 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
ALAB
Semiconductors & Semiconductor Equipment industry group
21.42
- ALAB
- 21.42
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
CRDO
Semiconductors & Semiconductor Equipment industry group
14.24
- Max
- 21.42
- CRDO
- 14.24
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Credo (CRDO) at 8.29 sits in the upper P/B ratio quartile, and Astera Labs (ALAB) at 16.67 prices even higher, above its industry range.
ALAB
Semiconductors & Semiconductor Equipment industry group
16.67
- ALAB
- 16.67
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
CRDO
Semiconductors & Semiconductor Equipment industry group
8.29
- Max
- 14.06
- CRDO
- 8.29
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ALAB | CRDO |
|---|---|---|
| P/E Ratio (TTM) | 75.38 | 42.73 |
| P/S Ratio (TTM) | 21.42 | 14.24 |
| P/B Ratio (MRQ) | 16.67 | 8.29 |
| Free Cash Flow Yield (TTM) | 0.39% | 1.10% |