CRDO vs. HPE: Credo vs. Hewlett Packard Enterprise Stock Comparison
How do Credo (CRDO) and Hewlett Packard Enterprise (HPE) 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 Hewlett Packard Enterprise (HPE) share the Information Technology sector but sit in different industry groups — CRDO in Semiconductors & Semiconductor Equipment and HPE in Technology Hardware & Equipment.
| Profile Item | CRDO | HPE |
|---|---|---|
| Name | Credo Technology Group Holding Ltd | Hewlett Packard Enterprise Company |
| Country/Region | Cayman Islands | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Technology Hardware & Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Semiconductors | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 22.65 billion USD | 59.43 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 27, 2022 | October 19, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRDO | HPE |
|---|---|---|
| Total Return (1Y) | -17.42% | 110.12% |
| Total Return (3Y, Annualized) | 107.84% | 49.38% |
| Total Return (5Y, Annualized) | -- | 28.98% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRDO | HPE |
|---|---|---|
| Volatility (1Y, Annualized) | 98.54% | 61.60% |
| Beta (5Y) | 3.31 | 1.49 |
| Max Drawdown (5Y) | -62.87% | -48.36% |
| Avg. Volume (3M) | 8.02M | 20.47M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRDO | HPE |
|---|---|---|
| Sharpe Ratio (1Y) | -0.22 | 1.72 |
| Sortino Ratio (1Y) | -0.32 | 2.76 |
Profitability
ROE (TTM)
Credo (CRDO) at 30.67% sits in the top ROE quartile, while Hewlett Packard Enterprise (HPE) at 10.94% is closer to the peer norm — stronger capital efficiency for CRDO.
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%
HPE
Technology Hardware & Equipment industry group
10.94%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- HPE
- 10.94%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Credo (CRDO) at 33.83% retains a top-quartile share of revenue as profit, ahead of Hewlett Packard Enterprise (HPE) at 6.67%, 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%
HPE
Technology Hardware & Equipment industry group
6.67%
- Max
- 27.60%
- Q3
- 11.66%
- HPE
- 6.67%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Credo (CRDO) at 25.20% and Hewlett Packard Enterprise (HPE) at 12.56% 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%
HPE
Technology Hardware & Equipment industry group
12.56%
- Max
- 36.27%
- Q3
- 18.36%
- HPE
- 12.56%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | CRDO | HPE |
|---|---|---|
| ROE (TTM) | 30.67% | 10.94% |
| ROA (TTM) | 16.11% | 2.64% |
| Net Margin (TTM) | 33.83% | 6.67% |
| Operating Margin (TTM) | 25.20% | 12.56% |
| Gross Margin (TTM) | 67.07% | 36.62% |
Growth
Revenue Growth
Credo (CRDO) at 205.68% clears its industry range for revenue growth, far stronger top-line momentum than Hewlett Packard Enterprise (HPE) at 13.84%, which is closer to a typical peer reading.
EPS Growth
Credo (CRDO) at 765.52% delivers above-range EPS growth, while Hewlett Packard Enterprise (HPE) at -102.07% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | CRDO | HPE |
|---|---|---|
| Revenue Growth (YoY) | 205.68% | 13.84% |
| Revenue Growth (3Y CAGR) | 93.53% | 6.37% |
| EPS Growth (YoY) | 765.52% | -102.07% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while Hewlett Packard Enterprise (HPE) at 1.11 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
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
HPE
Technology Hardware & Equipment industry group
1.11
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- HPE
- 1.11
- Min
- 0.17
Debt / Equity (MRQ)
Credo (CRDO) at 0.01 keeps leverage in the lower industry quartile, while Hewlett Packard Enterprise (HPE) at 0.76 runs a more typical debt-to-equity mix.
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
HPE
Technology Hardware & Equipment industry group
0.76
- Max
- 1.76
- Q3
- 0.78
- HPE
- 0.76
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | CRDO | HPE |
|---|---|---|
| Current Ratio (MRQ) | 7.40 | 1.11 |
| Debt / Equity (MRQ) | 0.01 | 0.76 |
| Net Debt / EBITDA | -1.36 | 2.05 |
Dividends
Dividend Yield (TTM)
Credo (CRDO) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Hewlett Packard Enterprise (HPE) reports a yield of 1.26%, ranking against industry peers normally.
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%
HPE
Technology Hardware & Equipment industry group
1.26%
- HPE
- 1.26%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
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 Hewlett Packard Enterprise (HPE) reports a payout of 28.74%, ranking against industry peers normally.
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%
HPE
Technology Hardware & Equipment industry group
28.74%
- Max
- 32.27%
- HPE
- 28.74%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRDO | HPE |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.26% |
| Dividend Payout Ratio (TTM) | 0.00% | 28.74% |
Valuation
P/E Ratio (TTM)
Both Credo (CRDO) at 42.73 and Hewlett Packard Enterprise (HPE) at 23.08 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
HPE
Technology Hardware & Equipment industry group
23.08
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- HPE
- 23.08
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
Hewlett Packard Enterprise (HPE) at 1.42 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
HPE
Technology Hardware & Equipment industry group
1.42
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- HPE
- 1.42
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Hewlett Packard Enterprise (HPE) at 2.24 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
HPE
Technology Hardware & Equipment industry group
2.24
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- HPE
- 2.24
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | CRDO | HPE |
|---|---|---|
| P/E Ratio (TTM) | 42.73 | 23.08 |
| P/S Ratio (TTM) | 14.24 | 1.42 |
| P/B Ratio (MRQ) | 8.29 | 2.24 |
| Free Cash Flow Yield (TTM) | 1.10% | 7.97% |