CRDO vs. FTV: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CRDO and FTV, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | CRDO | FTV |
|---|---|---|
| Company Name | Credo Technology Group Holding Ltd | Fortive Corporation |
| Country | Cayman Islands | United States |
| GICS Sector | Information Technology | Industrials |
| GICS Industry | Semiconductors & Semiconductor Equipment | Machinery |
| Market Capitalization | 20.79 billion USD | 16.49 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | January 27, 2022 | July 5, 2016 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of CRDO and FTV 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 | CRDO | FTV |
|---|---|---|
| 5-Day Price Return | 1.13% | 2.70% |
| 13-Week Price Return | 119.32% | -33.92% |
| 26-Week Price Return | 52.10% | -38.97% |
| 52-Week Price Return | 338.88% | -28.68% |
| Month-to-Date Return | 8.59% | 1.67% |
| Year-to-Date Return | 80.23% | -35.03% |
| 10-Day Avg. Volume | 3.88M | 5.20M |
| 3-Month Avg. Volume | 4.86M | 3.85M |
| 3-Month Volatility | 64.14% | 55.22% |
| Beta | 2.63 | 1.09 |
Profitability
Return on Equity (TTM)
CRDO
8.62%
Semiconductors & Semiconductor Equipment Industry
- Max
- 52.74%
- Q3
- 23.49%
- Median
- 11.60%
- Q1
- 3.23%
- Min
- -20.69%
CRDO’s Return on Equity of 8.62% is on par with the norm for the Semiconductors & Semiconductor Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.
FTV
7.44%
Machinery Industry
- Max
- 34.68%
- Q3
- 19.06%
- Median
- 13.13%
- Q1
- 8.53%
- Min
- -4.87%
FTV’s Return on Equity of 7.44% is in the lower quartile for the Machinery industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
Net Profit Margin (TTM)
CRDO
11.95%
Semiconductors & Semiconductor Equipment Industry
- Max
- 44.17%
- Q3
- 22.38%
- Median
- 11.95%
- Q1
- 3.21%
- Min
- -25.16%
CRDO’s Net Profit Margin of 11.95% is aligned with the median group of its peers in the Semiconductors & Semiconductor Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.
FTV
12.51%
Machinery Industry
- Max
- 19.74%
- Q3
- 11.24%
- Median
- 8.13%
- Q1
- 5.38%
- Min
- -1.11%
A Net Profit Margin of 12.51% places FTV in the upper quartile for the Machinery industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
CRDO
8.50%
Semiconductors & Semiconductor Equipment Industry
- Max
- 58.03%
- Q3
- 27.84%
- Median
- 12.45%
- Q1
- 5.15%
- Min
- -28.61%
CRDO’s Operating Profit Margin of 8.50% is around the midpoint for the Semiconductors & Semiconductor Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.
FTV
17.22%
Machinery Industry
- Max
- 26.63%
- Q3
- 16.15%
- Median
- 11.27%
- Q1
- 7.72%
- Min
- -4.91%
An Operating Profit Margin of 17.22% places FTV in the upper quartile for the Machinery 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 | CRDO | FTV |
|---|---|---|
| Return on Equity (TTM) | 8.62% | 7.44% |
| Return on Assets (TTM) | 7.42% | 4.40% |
| Net Profit Margin (TTM) | 11.95% | 12.51% |
| Operating Profit Margin (TTM) | 8.50% | 17.22% |
| Gross Profit Margin (TTM) | 64.77% | 59.78% |
Financial Strength
Current Ratio (MRQ)
CRDO
6.62
Semiconductors & Semiconductor Equipment Industry
- Max
- 8.42
- Q3
- 4.70
- Median
- 2.75
- Q1
- 2.07
- Min
- 1.04
CRDO’s Current Ratio of 6.62 is in the upper quartile for the Semiconductors & Semiconductor Equipment industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
FTV
0.98
Machinery Industry
- Max
- 3.83
- Q3
- 2.32
- Median
- 1.72
- Q1
- 1.28
- Min
- 0.78
FTV’s Current Ratio of 0.98 falls into the lower quartile for the Machinery industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio (MRQ)
CRDO
0.00
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.09
- Q3
- 0.45
- Median
- 0.22
- Q1
- 0.01
- Min
- 0.00
Falling into the lower quartile for the Semiconductors & Semiconductor Equipment industry, CRDO’s Debt-to-Equity Ratio of 0.00 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
FTV
0.46
Machinery Industry
- Max
- 1.49
- Q3
- 0.75
- Median
- 0.44
- Q1
- 0.26
- Min
- 0.00
FTV’s Debt-to-Equity Ratio of 0.46 is typical for the Machinery 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)
CRDO
--
Semiconductors & Semiconductor Equipment Industry
- Max
- 174.00
- Q3
- 81.10
- Median
- 27.22
- Q1
- 7.28
- Min
- -4.26
Interest Coverage Ratio data for CRDO is currently unavailable.
FTV
6.04
Machinery Industry
- Max
- 67.55
- Q3
- 33.79
- Median
- 13.87
- Q1
- 7.97
- Min
- -1.43
In the lower quartile for the Machinery industry, FTV’s Interest Coverage Ratio of 6.04 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
Financial Strength at a Glance
| Symbol | CRDO | FTV |
|---|---|---|
| Current Ratio (MRQ) | 6.62 | 0.98 |
| Quick Ratio (MRQ) | 5.51 | 0.77 |
| Debt-to-Equity Ratio (MRQ) | 0.00 | 0.46 |
| Interest Coverage Ratio (TTM) | -- | 6.04 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 4.16%
- Q3
- 1.78%
- Median
- 0.74%
- 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.
FTV
0.67%
Machinery Industry
- Max
- 5.32%
- Q3
- 2.84%
- Median
- 1.87%
- Q1
- 1.09%
- Min
- 0.00%
FTV’s Dividend Yield of 0.67% is in the lower quartile for the Machinery industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio (TTM)
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 196.12%
- Q3
- 87.72%
- Median
- 26.57%
- 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.
FTV
14.22%
Machinery Industry
- Max
- 202.17%
- Q3
- 98.65%
- Median
- 55.54%
- Q1
- 29.03%
- Min
- 0.00%
FTV’s Dividend Payout Ratio of 14.22% is in the lower quartile for the Machinery industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
Dividend at a Glance
| Symbol | CRDO | FTV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.67% |
| Dividend Payout Ratio (TTM) | 0.00% | 14.22% |
Valuation
Price-to-Earnings Ratio (TTM)
CRDO
398.42
Semiconductors & Semiconductor Equipment Industry
- Max
- 109.37
- Q3
- 57.11
- Median
- 28.95
- Q1
- 22.13
- Min
- 11.14
At 398.42, CRDO’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Semiconductors & Semiconductor Equipment industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.
FTV
21.32
Machinery Industry
- Max
- 53.66
- Q3
- 31.29
- Median
- 22.00
- Q1
- 16.18
- Min
- 7.00
FTV’s P/E Ratio of 21.32 is within the middle range for the Machinery industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
CRDO
47.60
Semiconductors & Semiconductor Equipment Industry
- Max
- 16.09
- Q3
- 10.10
- Median
- 4.82
- Q1
- 2.60
- Min
- 0.93
With a P/S Ratio of 47.60, CRDO trades at a valuation that eclipses even the highest in the Semiconductors & Semiconductor Equipment industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
FTV
2.67
Machinery Industry
- Max
- 5.04
- Q3
- 2.72
- Median
- 1.67
- Q1
- 1.04
- Min
- 0.24
FTV’s P/S Ratio of 2.67 aligns with the market consensus for the Machinery industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
CRDO
12.13
Semiconductors & Semiconductor Equipment Industry
- Max
- 13.56
- Q3
- 6.75
- Median
- 3.68
- Q1
- 1.89
- Min
- 0.60
CRDO’s P/B Ratio of 12.13 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.
FTV
2.34
Machinery Industry
- Max
- 7.23
- Q3
- 3.90
- Median
- 2.52
- Q1
- 1.47
- Min
- 0.49
FTV’s P/B Ratio of 2.34 is within the conventional range for the Machinery 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.
Valuation at a Glance
| Symbol | CRDO | FTV |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 398.42 | 21.32 |
| Price-to-Sales Ratio (TTM) | 47.60 | 2.67 |
| Price-to-Book Ratio (MRQ) | 12.13 | 2.34 |
| Price-to-Free Cash Flow Ratio (TTM) | 383.83 | 11.83 |