COHR vs. CRDO: A Head-to-Head Stock Comparison
Here’s a clear look at COHR and CRDO, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | COHR | CRDO |
|---|---|---|
| Company Name | Coherent Corp. | Credo Technology Group Holding Ltd |
| Country | United States | Cayman Islands |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Electronic Components | Semiconductors |
| Market Capitalization | 74.28 billion USD | 38.78 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | October 2, 1987 | January 27, 2022 |
| Security Type | Common Stock | Common Stock |
COHR’s market capitalization (74.28 billion USD) is substantially larger than CRDO’s (38.78 billion USD), indicating a significant difference in their market valuations.
Historical Performance
This chart compares the performance of COHR and CRDO by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | COHR | CRDO |
|---|---|---|
| 5-Day Price Return | 13.09% | 8.60% |
| 13-Week Price Return | 66.76% | 88.71% |
| 26-Week Price Return | 187.64% | 16.38% |
| 52-Week Price Return | 438.03% | 313.82% |
| Month-to-Date Return | 18.76% | 20.81% |
| Year-to-Date Return | 105.72% | 46.10% |
| 10-Day Avg. Volume | 7.64M | 5.41M |
| 3-Month Avg. Volume | 6.87M | 7.04M |
| 3-Month Volatility | 85.34% | 101.33% |
| Beta | 2.06 | 3.22 |
CRDO carries a higher beta at 3.22, indicating it’s more sensitive to market moves, while COHR (beta: 2.06) exhibits greater stability.
Profitability
Return on Equity (TTM)
COHR
3.57%
Electronic Equipment, Instruments & Components Industry
- Max
- 35.77%
- Q3
- 16.84%
- Median
- 10.61%
- Q1
- 3.90%
- Min
- -9.42%
COHR’s Return on Equity of 3.57% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
CRDO
29.56%
Semiconductors & Semiconductor Equipment Industry
- Max
- 44.68%
- Q3
- 18.56%
- Median
- 8.06%
- Q1
- -2.35%
- Min
- -32.99%
In the upper quartile for the Semiconductors & Semiconductor Equipment industry, CRDO’s Return on Equity of 29.56% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Net Profit Margin (TTM)
COHR
4.66%
Electronic Equipment, Instruments & Components Industry
- Max
- 18.49%
- Q3
- 8.64%
- Median
- 3.43%
- Q1
- 1.82%
- Min
- -7.62%
COHR’s Net Profit Margin of 4.66% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.
CRDO
31.81%
Semiconductors & Semiconductor Equipment Industry
- Max
- 55.60%
- Q3
- 23.02%
- Median
- 9.64%
- Q1
- -3.00%
- Min
- -28.56%
A Net Profit Margin of 31.81% places CRDO in the upper quartile for the Semiconductors & Semiconductor Equipment industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
COHR
8.97%
Electronic Equipment, Instruments & Components Industry
- Max
- 25.41%
- Q3
- 12.64%
- Median
- 5.09%
- Q1
- 2.66%
- Min
- -5.55%
COHR’s Operating Profit Margin of 8.97% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.
CRDO
30.23%
Semiconductors & Semiconductor Equipment Industry
- Max
- 60.38%
- Q3
- 27.09%
- Median
- 11.18%
- Q1
- 0.69%
- Min
- -35.68%
An Operating Profit Margin of 30.23% places CRDO in the upper quartile for the Semiconductors & Semiconductor Equipment industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | COHR | CRDO |
|---|---|---|
| Return on Equity (TTM) | 3.57% | 29.56% |
| Return on Assets (TTM) | 1.98% | 26.13% |
| Net Profit Margin (TTM) | 4.66% | 31.81% |
| Operating Profit Margin (TTM) | 8.97% | 30.23% |
| Gross Profit Margin (TTM) | 36.16% | 67.83% |
Financial Strength
Current Ratio (MRQ)
COHR
2.25
Electronic Equipment, Instruments & Components Industry
- Max
- 4.47
- Q3
- 2.66
- Median
- 1.93
- Q1
- 1.42
- Min
- 0.73
COHR’s Current Ratio of 2.25 aligns with the median group of the Electronic Equipment, Instruments & Components industry, indicating that its short-term liquidity is in line with its sector peers.
CRDO
10.82
Semiconductors & Semiconductor Equipment Industry
- Max
- 8.20
- Q3
- 4.77
- Median
- 2.83
- Q1
- 2.31
- Min
- 1.02
CRDO’s Current Ratio of 10.82 is exceptionally high, placing it well outside the typical range for the Semiconductors & Semiconductor Equipment industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
Debt-to-Equity Ratio (MRQ)
COHR
0.39
Electronic Equipment, Instruments & Components Industry
- Max
- 1.72
- Q3
- 0.78
- Median
- 0.43
- Q1
- 0.11
- Min
- 0.00
COHR’s Debt-to-Equity Ratio of 0.39 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
CRDO
0.00
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.34
- Q3
- 0.57
- Median
- 0.17
- Q1
- 0.00
- Min
- 0.00
CRDO’s Debt-to-Equity Ratio of 0.00 is typical for the Semiconductors & Semiconductor Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
COHR
1.36
Electronic Equipment, Instruments & Components Industry
- Max
- 34.79
- Q3
- 19.36
- Median
- 7.39
- Q1
- 3.57
- Min
- -4.58
In the lower quartile for the Electronic Equipment, Instruments & Components industry, COHR’s Interest Coverage Ratio of 1.36 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
CRDO
--
Semiconductors & Semiconductor Equipment Industry
- Max
- 114.00
- Q3
- 50.26
- Median
- 19.85
- Q1
- 2.04
- Min
- -69.60
Interest Coverage Ratio data for CRDO is currently unavailable.
Financial Strength at a Glance
| Symbol | COHR | CRDO |
|---|---|---|
| Current Ratio (MRQ) | 2.25 | 10.82 |
| Quick Ratio (MRQ) | 1.00 | 9.56 |
| Debt-to-Equity Ratio (MRQ) | 0.39 | 0.00 |
| Interest Coverage Ratio (TTM) | 1.36 | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | COHR | CRDO |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 17.49% | 201.49% |
| Revenue Growth (TTM vs Prior YoY) | 18.63% | 226.12% |
| 3-Year Revenue CAGR | 20.55% | 60.07% |
| 5-Year Revenue CAGR | 19.54% | 52.02% |
EPS Growth
EPS Growth at a Glance
| Symbol | COHR | CRDO |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 17.80% | 408.58% |
| EPS Growth (TTM vs Prior YoY) | 234.55% | 12,864.03% |
| 3-Year EPS CAGR | -45.91% | -- |
| 5-Year EPS CAGR | -- | 98.71% |
Dividend
Dividend Yield (TTM)
COHR
0.03%
Electronic Equipment, Instruments & Components Industry
- Max
- 1.15%
- Q3
- 0.53%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
COHR’s Dividend Yield of 0.03% is consistent with its peers in the Electronic Equipment, Instruments & Components industry, providing a dividend return that is standard for its sector.
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.02%
- Q3
- 0.41%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRDO currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
COHR
5.05%
Electronic Equipment, Instruments & Components Industry
- Max
- 35.04%
- Q3
- 18.53%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
COHR’s Dividend Payout Ratio of 5.05% is within the typical range for the Electronic Equipment, Instruments & Components industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 54.80%
- Q3
- 23.23%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CRDO has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | COHR | CRDO |
|---|---|---|
| Dividend Yield (TTM) | 0.03% | 0.00% |
| Dividend Payout Ratio (TTM) | 5.05% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
COHR
237.06
Electronic Equipment, Instruments & Components Industry
- Max
- 165.44
- Q3
- 83.53
- Median
- 36.68
- Q1
- 19.97
- Min
- 10.48
At 237.06, COHR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Electronic Equipment, Instruments & Components industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
CRDO
114.12
Semiconductors & Semiconductor Equipment Industry
- Max
- 172.15
- Q3
- 111.21
- Median
- 59.06
- Q1
- 43.79
- Min
- 14.65
A P/E Ratio of 114.12 places CRDO in the upper quartile for the Semiconductors & Semiconductor Equipment industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Price-to-Sales Ratio (TTM)
COHR
11.04
Electronic Equipment, Instruments & Components Industry
- Max
- 9.21
- Q3
- 4.77
- Median
- 2.16
- Q1
- 1.18
- Min
- 0.24
With a P/S Ratio of 11.04, COHR trades at a valuation that eclipses even the highest in the Electronic Equipment, Instruments & Components industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
CRDO
36.30
Semiconductors & Semiconductor Equipment Industry
- Max
- 36.30
- Q3
- 18.23
- Median
- 9.78
- Q1
- 4.50
- Min
- 0.17
CRDO’s P/S Ratio of 36.30 is in the upper echelon for the Semiconductors & Semiconductor Equipment industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
COHR
3.40
Electronic Equipment, Instruments & Components Industry
- Max
- 8.58
- Q3
- 5.29
- Median
- 3.39
- Q1
- 1.53
- Min
- 0.44
COHR’s P/B Ratio of 3.40 is within the conventional range for the Electronic Equipment, Instruments & Components industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
CRDO
11.72
Semiconductors & Semiconductor Equipment Industry
- Max
- 15.44
- Q3
- 8.05
- Median
- 4.52
- Q1
- 2.15
- Min
- 0.45
CRDO’s P/B Ratio of 11.72 is in the upper tier for the Semiconductors & Semiconductor Equipment industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | COHR | CRDO |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 237.06 | 114.12 |
| Price-to-Sales Ratio (TTM) | 11.04 | 36.30 |
| Price-to-Book Ratio (MRQ) | 3.40 | 11.72 |
| Price-to-Free Cash Flow Ratio (TTM) | 271.20 | 136.68 |