Seek Returns

CRDO vs. FN: Credo vs. Fabrinet Stock Comparison

How do Credo (CRDO) and Fabrinet (FN) 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

Credo (CRDO) and Fabrinet (FN) share the Information Technology sector but sit in different industry groups — CRDO in Semiconductors & Semiconductor Equipment and FN in Technology Hardware & Equipment.

Company profile comparison for Credo (CRDO) and Fabrinet (FN)
Profile ItemCRDOFN
NameCredo Technology Group Holding LtdFabrinet
Country/RegionCayman IslandsCayman Islands
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentTechnology Hardware & Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentElectronic Equipment, Instruments & Components
GICS Sub-IndustrySemiconductorsElectronic Manufacturing Services
Market Capitalization22.65 billion USD11.68 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 27, 2022June 25, 2010
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRDO
FN
GSPC
Loading price history…
Credo (CRDO) vs. Fabrinet (FN), 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

Loading price history…
Trailing total returns for Credo (CRDO) and Fabrinet (FN). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Credo (CRDO) and Fabrinet (FN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
Total Return (1Y)-17.42%-18.88%
Total Return (3Y, Annualized)107.84%29.70%
Total Return (5Y, Annualized)--25.04%

Risk Profile

Drawdown History

CRDO
FN
GSPC
Loading price history…
Credo (CRDO) vs. Fabrinet (FN), 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

Loading price history…
Distribution of monthly total returns for Credo (CRDO) and Fabrinet (FN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
Volatility (1Y, Annualized)98.54%81.72%
Beta (5Y)3.311.33
Max Drawdown (5Y)-62.87%-60.75%
Avg. Volume (3M)8.02M999.77K

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
CRDO and FN are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
Sharpe Ratio (1Y)-0.22-0.28
Sortino Ratio (1Y)-0.32-0.40

Profitability

ROE (TTM)

Both Credo (CRDO) at 30.67% and Fabrinet (FN) at 21.00% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

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%

FN

Technology Hardware & Equipment industry group

21.00%

Max
42.47%
FN
21.00%
Q3
19.13%
Median
11.00%
Q1
1.63%
Min
-20.62%
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Net Margin (TTM)

Credo (CRDO) at 33.83% retains a top-quartile share of revenue as profit, ahead of Fabrinet (FN) at 9.36%, which keeps about the industry-typical share.

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%

FN

Technology Hardware & Equipment industry group

9.36%

Max
27.60%
Q3
11.66%
FN
9.36%
Median
4.08%
Q1
0.00%
Min
-11.02%
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Operating Margin (TTM)

Both Credo (CRDO) at 25.20% and Fabrinet (FN) at 9.95% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

FN

Technology Hardware & Equipment industry group

9.95%

Max
36.27%
Q3
18.36%
FN
9.95%
Median
8.84%
Q1
1.46%
Min
-21.39%
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
ROE (TTM)30.67%21.00%
ROA (TTM)16.11%8.80%
Net Margin (TTM)33.83%9.36%
Operating Margin (TTM)25.20%9.95%
Gross Margin (TTM)67.07%11.95%

Growth

Revenue Growth

Both companies are growing quickly, but Credo (CRDO) at 205.68% is the standout with revenue growth above its industry range; Fabrinet (FN) at 35.73% also sits in the top quartile.

Loading chart…
Credo (CRDO) vs. Fabrinet (FN): 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 Fabrinet (FN) at 42.31%, which is closer to a typical peer reading.

Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
Revenue Growth (YoY)205.68%35.73%
Revenue Growth (3Y CAGR)93.53%20.61%
EPS Growth (YoY)765.52%42.31%
EPS Growth (3Y CAGR)--24.70%

Financial Strength

Current Ratio (MRQ)

Fabrinet (FN) at 2.04 keeps current ratio within its industry’s typical mid-range, while Credo (CRDO) at 7.40 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

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

FN

Technology Hardware & Equipment industry group

2.04

Max
5.34
Q3
3.02
FN
2.04
Median
1.95
Q1
1.32
Min
0.17
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Debt / Equity (MRQ)

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

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

FN

Technology Hardware & Equipment industry group

0.03

Max
1.76
Q3
0.78
Median
0.24
Q1
0.04
FN
0.03
Min
0.01
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their debt-to-equity ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
Current Ratio (MRQ)7.402.04
Debt / Equity (MRQ)0.010.03
Net Debt / EBITDA-1.36-1.15

Dividends

Dividend Yield (TTM)

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

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%

FN

Technology Hardware & Equipment industry group

0.00%

Max
0.73%
Q3
0.31%
FN
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Payout Ratio (TTM)

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

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%

FN

Technology Hardware & Equipment industry group

0.00%

Max
32.27%
Q3
14.48%
FN
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Both Credo (CRDO) at 42.73 and Fabrinet (FN) at 24.69 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

FN

Technology Hardware & Equipment industry group

24.69

Max
69.48
Q3
41.02
Median
26.39
FN
24.69
Q1
19.36
Min
6.07
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their P/E ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/S Ratio (TTM)

Fabrinet (FN) at 2.27 is priced about in line with its industry on P/S ratio, while Credo (CRDO) at 14.24 sits in the pricier quartile — CRDO costs more per dollar of sales.

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

FN

Technology Hardware & Equipment industry group

2.27

Max
11.30
Q3
5.82
Median
2.56
FN
2.27
Q1
1.05
Min
0.00
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

P/B Ratio (MRQ)

Fabrinet (FN) at 4.66 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.

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

FN

Technology Hardware & Equipment industry group

4.66

Max
10.75
Q3
5.52
FN
4.66
Median
3.17
Q1
1.79
Min
0.33
Loading chart…
Credo (CRDO) vs. Fabrinet (FN): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Credo (CRDO) and Fabrinet (FN)
MetricCRDOFN
P/E Ratio (TTM)42.7324.69
P/S Ratio (TTM)14.242.27
P/B Ratio (MRQ)8.294.66
Free Cash Flow Yield (TTM)1.10%-2.11%