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ASX vs. CRDO: ASE vs. Credo Stock Comparison

How do ASE (ASX) 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

ASE (ASX) 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.

ASE (ASX) has more than two decades of public-market history since October 2, 2000, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.

Credo (CRDO) trades as ordinary local shares, while ASE (ASX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for ASE (ASX) and Credo (CRDO)
Profile ItemASXCRDO
NameASE Technology Holding Co., Ltd. ADRCredo Technology Group Holding Ltd
Country/RegionTaiwanCayman Islands
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductors
Market Capitalization69.83 billion USD22.65 billion USD
CurrencyUSDUSD
ExchangeNYSENasdaq
Listing DateOctober 2, 2000January 27, 2022
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

ASX
CRDO
GSPC
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ASE (ASX) vs. Credo (CRDO), with S&P 500 (GSPC) for reference: 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 ASE (ASX) and Credo (CRDO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for ASE (ASX) and Credo (CRDO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
Total Return (1Y)127.56%-17.42%
Total Return (3Y, Annualized)67.56%107.84%
Total Return (5Y, Annualized)41.55%--

Risk Profile

Drawdown History

ASX
CRDO
GSPC
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ASE (ASX) vs. Credo (CRDO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for ASE (ASX) and Credo (CRDO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
Volatility (1Y, Annualized)62.95%98.54%
Beta (5Y)1.833.31
Max Drawdown (5Y)-40.64%-62.87%
Avg. Volume (3M)7.76M8.02M

Risk-Adjusted Performance

Risk-Return Positioning

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ASX and CRDO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
Sharpe Ratio (1Y)1.96-0.22
Sortino Ratio (1Y)2.77-0.32

Profitability

ROE (TTM)

Credo (CRDO) at 30.67% sits in the top ROE quartile, while ASE (ASX) at 19.90% is closer to the peer norm — stronger capital efficiency for CRDO.

ASX

Semiconductors & Semiconductor Equipment industry group

19.90%

Max
52.82%
Q3
22.26%
ASX
19.90%
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%
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ASE (ASX) vs. Credo (CRDO): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Credo (CRDO) at 33.83% retains a top-quartile share of revenue as profit, ahead of ASE (ASX) at 9.78%, which keeps about the industry-typical share.

ASX

Semiconductors & Semiconductor Equipment industry group

9.78%

Max
63.80%
Q3
28.36%
Median
11.44%
ASX
9.78%
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%
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ASE (ASX) vs. Credo (CRDO): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both ASE (ASX) at 13.57% and Credo (CRDO) at 25.20% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

ASX

Semiconductors & Semiconductor Equipment industry group

13.57%

Max
58.66%
Q3
30.23%
Median
15.91%
ASX
13.57%
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%
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ASE (ASX) vs. Credo (CRDO): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
ROE (TTM)19.90%30.67%
ROA (TTM)5.36%16.11%
Net Margin (TTM)9.78%33.83%
Operating Margin (TTM)13.57%25.20%
Gross Margin (TTM)20.80%67.07%

Growth

Revenue Growth

Credo (CRDO) at 205.68% clears its industry range for revenue growth, far stronger top-line momentum than ASE (ASX) at 8.39%, which is closer to a typical peer reading.

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ASE (ASX) vs. Credo (CRDO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Credo (CRDO) at 765.52% clears its industry range for EPS growth, a much stronger earnings trajectory than ASE (ASX) at 22.96%, which is closer to a typical peer reading.

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ASE (ASX) vs. Credo (CRDO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
Revenue Growth (YoY)8.39%205.68%
Revenue Growth (3Y CAGR)-1.28%93.53%
EPS Growth (YoY)22.96%765.52%
EPS Growth (3Y CAGR)-13.66%--

Financial Strength

Current Ratio (MRQ)

Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while ASE (ASX) at 1.16 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

ASX

Semiconductors & Semiconductor Equipment industry group

1.16

Max
10.33
Q3
5.62
Median
3.33
Q1
2.35
ASX
1.16
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
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ASE (ASX) vs. Credo (CRDO): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Credo (CRDO) at 0.01 keeps leverage in the lower quartile, while ASE (ASX) at 0.87 sits in the higher-leverage quartile.

ASX

Semiconductors & Semiconductor Equipment industry group

0.87

Max
1.46
ASX
0.87
Q3
0.65
Median
0.27
Q1
0.04
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
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ASE (ASX) vs. Credo (CRDO): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
Current Ratio (MRQ)1.167.40
Debt / Equity (MRQ)0.870.01
Net Debt / EBITDA1.85-1.36

Dividends

Dividend Yield (TTM)

Neither ASE (ASX) nor Credo (CRDO) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

ASX

Semiconductors & Semiconductor Equipment industry group

0.00%

Max
1.37%
Q3
0.65%
ASX
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%
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ASE (ASX) vs. Credo (CRDO): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Credo (CRDO) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile ASE (ASX) reports a payout of 39.77%, ranking against industry peers normally.

ASX

Semiconductors & Semiconductor Equipment industry group

39.77%

Max
49.64%
ASX
39.77%
Q3
21.71%
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%
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ASE (ASX) vs. Credo (CRDO): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)39.77%0.00%

Valuation

P/E Ratio (TTM)

Both ASE (ASX) at 30.41 and Credo (CRDO) at 42.73 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ASX

Semiconductors & Semiconductor Equipment industry group

30.41

Max
110.34
Q3
66.81
Median
37.02
ASX
30.41
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
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ASE (ASX) vs. Credo (CRDO): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

ASE (ASX) at 0.09 looks cheap on sales in the lower P/S ratio quartile, while Credo (CRDO) at 14.24 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

ASX

Semiconductors & Semiconductor Equipment industry group

0.09

Max
21.42
Q3
12.27
Median
5.76
Q1
2.73
ASX
0.09
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
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ASE (ASX) vs. Credo (CRDO): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

ASE (ASX) at 5.34 is valued about in line with its industry on P/B ratio, while Credo (CRDO) at 8.29 carries an above-peer premium to book — CRDO is pricier on assets.

ASX

Semiconductors & Semiconductor Equipment industry group

5.34

Max
14.06
Q3
7.44
ASX
5.34
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
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ASE (ASX) vs. Credo (CRDO): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for ASE (ASX) and Credo (CRDO)
MetricASXCRDO
P/E Ratio (TTM)30.4142.73
P/S Ratio (TTM)0.0914.24
P/B Ratio (MRQ)5.348.29
Free Cash Flow Yield (TTM)-275.26%1.10%