CRDO vs. HPE: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CRDO and HPE, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | CRDO | HPE |
|---|---|---|
| Company Name | Credo Technology Group Holding Ltd | Hewlett Packard Enterprise Company |
| Country | Cayman Islands | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Semiconductors & Semiconductor Equipment | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 25.07 billion USD | 32.89 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | January 27, 2022 | October 19, 2015 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of CRDO and HPE 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 | HPE |
|---|---|---|
| 5-Day Price Return | -2.52% | 2.97% |
| 13-Week Price Return | 57.26% | 21.73% |
| 26-Week Price Return | 223.94% | 56.40% |
| 52-Week Price Return | 362.99% | 21.85% |
| Month-to-Date Return | 18.33% | 1.51% |
| Year-to-Date Return | 116.65% | 16.77% |
| 10-Day Avg. Volume | 6.06M | 25.72M |
| 3-Month Avg. Volume | 5.39M | 20.01M |
| 3-Month Volatility | 63.35% | 26.15% |
| Beta | 2.64 | 1.34 |
Profitability
Return on Equity (TTM)
CRDO
18.89%
Semiconductors & Semiconductor Equipment Industry
- Max
- 47.13%
- Q3
- 23.50%
- Median
- 9.94%
- Q1
- 0.86%
- Min
- -20.69%
CRDO’s Return on Equity of 18.89% is on par with the norm for the Semiconductors & Semiconductor Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.
HPE
5.08%
Technology Hardware, Storage & Peripherals Industry
- Max
- 56.93%
- Q3
- 27.52%
- Median
- 9.18%
- Q1
- 5.14%
- Min
- -1.04%
HPE’s Return on Equity of 5.08% is in the lower quartile for the Technology Hardware, Storage & Peripherals industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.
Net Profit Margin (TTM)
CRDO
20.85%
Semiconductors & Semiconductor Equipment Industry
- Max
- 52.41%
- Q3
- 23.88%
- Median
- 10.17%
- Q1
- 1.21%
- Min
- -32.15%
CRDO’s Net Profit Margin of 20.85% 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.
HPE
3.77%
Technology Hardware, Storage & Peripherals Industry
- Max
- 16.15%
- Q3
- 7.95%
- Median
- 4.80%
- Q1
- 2.20%
- Min
- -0.29%
HPE’s Net Profit Margin of 3.77% is aligned with the median group of its peers in the Technology Hardware, Storage & Peripherals industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
CRDO
18.72%
Semiconductors & Semiconductor Equipment Industry
- Max
- 58.09%
- Q3
- 27.54%
- Median
- 11.18%
- Q1
- 3.31%
- Min
- -28.36%
CRDO’s Operating Profit Margin of 18.72% is around the midpoint for the Semiconductors & Semiconductor Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.
HPE
3.91%
Technology Hardware, Storage & Peripherals Industry
- Max
- 20.70%
- Q3
- 10.74%
- Median
- 6.27%
- Q1
- 4.07%
- Min
- 1.97%
HPE’s Operating Profit Margin of 3.91% is in the lower quartile for the Technology Hardware, Storage & Peripherals industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
Profitability at a Glance
| Symbol | CRDO | HPE |
|---|---|---|
| Return on Equity (TTM) | 18.89% | 5.08% |
| Return on Assets (TTM) | 16.29% | 1.74% |
| Net Profit Margin (TTM) | 20.85% | 3.77% |
| Operating Profit Margin (TTM) | 18.72% | 3.91% |
| Gross Profit Margin (TTM) | 65.98% | 29.45% |
Financial Strength
Current Ratio (MRQ)
CRDO
7.41
Semiconductors & Semiconductor Equipment Industry
- Max
- 6.58
- Q3
- 4.24
- Median
- 2.73
- Q1
- 2.13
- Min
- 1.02
CRDO’s Current Ratio of 7.41 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.
HPE
0.95
Technology Hardware, Storage & Peripherals Industry
- Max
- 3.37
- Q3
- 2.04
- Median
- 1.41
- Q1
- 0.98
- Min
- 0.11
HPE’s Current Ratio of 0.95 falls into the lower quartile for the Technology Hardware, Storage & Peripherals 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
- 0.48
- Median
- 0.25
- 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.
HPE
0.97
Technology Hardware, Storage & Peripherals Industry
- Max
- 1.54
- Q3
- 0.85
- Median
- 0.32
- Q1
- 0.11
- Min
- 0.00
HPE’s leverage is in the upper quartile of the Technology Hardware, Storage & Peripherals industry, with a Debt-to-Equity Ratio of 0.97. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
Interest Coverage Ratio (TTM)
CRDO
--
Semiconductors & Semiconductor Equipment Industry
- Max
- 174.00
- Q3
- 74.71
- Median
- 26.06
- Q1
- 6.43
- Min
- -7.80
Interest Coverage Ratio data for CRDO is currently unavailable.
HPE
116.71
Technology Hardware, Storage & Peripherals Industry
- Max
- 143.63
- Q3
- 76.01
- Median
- 19.47
- Q1
- 5.91
- Min
- -23.93
HPE’s Interest Coverage Ratio of 116.71 is in the upper quartile for the Technology Hardware, Storage & Peripherals industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | CRDO | HPE |
|---|---|---|
| Current Ratio (MRQ) | 7.41 | 0.95 |
| Quick Ratio (MRQ) | 6.34 | 0.69 |
| Debt-to-Equity Ratio (MRQ) | 0.00 | 0.97 |
| Interest Coverage Ratio (TTM) | -- | 116.71 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 3.72%
- Q3
- 1.51%
- Median
- 0.69%
- 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.
HPE
2.35%
Technology Hardware, Storage & Peripherals Industry
- Max
- 4.33%
- Q3
- 3.29%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
HPE’s Dividend Yield of 2.35% is consistent with its peers in the Technology Hardware, Storage & Peripherals industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 205.27%
- Q3
- 88.01%
- Median
- 27.13%
- 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.
HPE
24.59%
Technology Hardware, Storage & Peripherals Industry
- Max
- 142.87%
- Q3
- 77.17%
- Median
- 40.90%
- Q1
- 3.87%
- Min
- 0.00%
HPE’s Dividend Payout Ratio of 24.59% is within the typical range for the Technology Hardware, Storage & Peripherals industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | CRDO | HPE |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.35% |
| Dividend Payout Ratio (TTM) | 0.00% | 24.59% |
Valuation
Price-to-Earnings Ratio (TTM)
CRDO
200.35
Semiconductors & Semiconductor Equipment Industry
- Max
- 106.30
- Q3
- 61.93
- Median
- 38.96
- Q1
- 23.71
- Min
- 13.06
At 200.35, 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.
HPE
26.03
Technology Hardware, Storage & Peripherals Industry
- Max
- 43.10
- Q3
- 28.67
- Median
- 19.23
- Q1
- 15.53
- Min
- 9.46
HPE’s P/E Ratio of 26.03 is within the middle range for the Technology Hardware, Storage & Peripherals 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
41.77
Semiconductors & Semiconductor Equipment Industry
- Max
- 19.99
- Q3
- 10.21
- Median
- 5.23
- Q1
- 2.88
- Min
- 1.13
With a P/S Ratio of 41.77, 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.
HPE
0.98
Technology Hardware, Storage & Peripherals Industry
- Max
- 5.63
- Q3
- 3.18
- Median
- 1.10
- Q1
- 0.49
- Min
- 0.04
HPE’s P/S Ratio of 0.98 aligns with the market consensus for the Technology Hardware, Storage & Peripherals 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
25.20
Semiconductors & Semiconductor Equipment Industry
- Max
- 14.22
- Q3
- 6.94
- Median
- 4.29
- Q1
- 1.99
- Min
- 0.67
At 25.20, CRDO’s P/B Ratio is at an extreme premium to the Semiconductors & Semiconductor Equipment industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
HPE
1.11
Technology Hardware, Storage & Peripherals Industry
- Max
- 13.94
- Q3
- 6.87
- Median
- 1.88
- Q1
- 0.94
- Min
- 0.32
HPE’s P/B Ratio of 1.11 is within the conventional range for the Technology Hardware, Storage & Peripherals 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 | HPE |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 200.35 | 26.03 |
| Price-to-Sales Ratio (TTM) | 41.77 | 0.98 |
| Price-to-Book Ratio (MRQ) | 25.20 | 1.11 |
| Price-to-Free Cash Flow Ratio (TTM) | 237.59 | 15.11 |