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CRDO vs. MCHP: Credo vs. Microchip Stock Comparison

How do Credo (CRDO) and Microchip (MCHP) 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 Microchip (MCHP) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Microchip (MCHP) has more than two decades of public-market history since March 19, 1993, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.

Company profile comparison for Credo (CRDO) and Microchip (MCHP)
Profile ItemCRDOMCHP
NameCredo Technology Group Holding LtdMicrochip Technology Inc.
Country/RegionCayman IslandsUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentSemiconductors & Semiconductor Equipment
GICS Sub-IndustrySemiconductorsSemiconductors
Market Capitalization22.65 billion USD31.76 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJanuary 27, 2022March 19, 1993
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRDO
MCHP
GSPC
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Credo (CRDO) vs. Microchip (MCHP), 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

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Trailing total returns for Credo (CRDO) and Microchip (MCHP). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Credo (CRDO) and Microchip (MCHP). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
Total Return (1Y)-17.42%11.53%
Total Return (3Y, Annualized)107.84%-3.63%
Total Return (5Y, Annualized)---3.83%

Risk Profile

Drawdown History

CRDO
MCHP
GSPC
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Credo (CRDO) vs. Microchip (MCHP), 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

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Distribution of monthly total returns for Credo (CRDO) and Microchip (MCHP). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
Volatility (1Y, Annualized)98.54%52.96%
Beta (5Y)3.311.91
Max Drawdown (5Y)-62.87%-63.77%
Avg. Volume (3M)8.02M10.34M

Risk-Adjusted Performance

Risk-Return Positioning

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CRDO and MCHP are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
Sharpe Ratio (1Y)-0.220.14
Sortino Ratio (1Y)-0.320.21

Profitability

ROE (TTM)

Credo (CRDO) at 30.67% sits in the top ROE quartile, while Microchip (MCHP) at 12.57% 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%

MCHP

Semiconductors & Semiconductor Equipment industry group

12.57%

Max
52.82%
Q3
22.26%
MCHP
12.57%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Credo (CRDO) at 33.83% retains a top-quartile share of revenue as profit, ahead of Microchip (MCHP) at 14.96%, 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%

MCHP

Semiconductors & Semiconductor Equipment industry group

14.96%

Max
63.80%
Q3
28.36%
MCHP
14.96%
Median
11.44%
Q1
0.90%
Min
-37.77%
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both Credo (CRDO) at 25.20% and Microchip (MCHP) at 29.13% 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%

MCHP

Semiconductors & Semiconductor Equipment industry group

29.13%

Max
58.66%
Q3
30.23%
MCHP
29.13%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
ROE (TTM)30.67%12.57%
ROA (TTM)16.11%5.19%
Net Margin (TTM)33.83%14.96%
Operating Margin (TTM)25.20%29.13%
Gross Margin (TTM)67.07%62.70%

Growth

Revenue Growth

Credo (CRDO) at 205.68% clears its industry range for revenue growth, far stronger top-line momentum than Microchip (MCHP) at 7.08%, which is closer to a typical peer reading.

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Credo (CRDO) vs. Microchip (MCHP): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Credo (CRDO) reports EPS growth of 765.52%, ranked against its industry; Microchip (MCHP) has no EPS growth figure this period.

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Credo (CRDO) vs. Microchip (MCHP): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
Revenue Growth (YoY)205.68%7.08%
Revenue Growth (3Y CAGR)93.53%-17.65%
EPS Growth (YoY)765.52%--
EPS Growth (3Y CAGR)---62.03%

Financial Strength

Current Ratio (MRQ)

Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while Microchip (MCHP) at 2.24 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

MCHP

Semiconductors & Semiconductor Equipment industry group

2.24

Max
10.33
Q3
5.62
Median
3.33
Q1
2.35
MCHP
2.24
Min
1.03
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Credo (CRDO) at 0.01 keeps leverage in the lower quartile, while Microchip (MCHP) at 0.84 sits in the higher-leverage quartile.

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

MCHP

Semiconductors & Semiconductor Equipment industry group

0.84

Max
1.46
MCHP
0.84
Q3
0.65
Median
0.27
Q1
0.04
Min
0.00
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
Current Ratio (MRQ)7.402.24
Debt / Equity (MRQ)0.010.84
Net Debt / EBITDA-1.362.73

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 Microchip (MCHP) reports a yield of 2.81%, 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%

MCHP

Semiconductors & Semiconductor Equipment industry group

2.81%

MCHP
2.81%
Max
1.37%
Q3
0.65%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Microchip (MCHP) reports payout ratio above 100% at 136.84%, meaning dividends exceeded current-period earnings; Credo (CRDO) pays no dividend (payout 0.00%).

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%

MCHP

Semiconductors & Semiconductor Equipment industry group

136.84%

MCHP
136.84%
Max
49.64%
Q3
21.71%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
Dividend Yield (TTM)0.00%2.81%
Dividend Payout Ratio (TTM)0.00%136.84%

Valuation

P/E Ratio (TTM)

Both Credo (CRDO) at 42.73 and Microchip (MCHP) at 43.87 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

MCHP

Semiconductors & Semiconductor Equipment industry group

43.87

Max
110.34
Q3
66.81
MCHP
43.87
Median
37.02
Q1
23.96
Min
8.12
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Microchip (MCHP) at 5.67 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

MCHP

Semiconductors & Semiconductor Equipment industry group

5.67

Max
21.42
Q3
12.27
Median
5.76
MCHP
5.67
Q1
2.73
Min
0.00
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Microchip (MCHP) at 4.78 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

MCHP

Semiconductors & Semiconductor Equipment industry group

4.78

Max
14.06
Q3
7.44
MCHP
4.78
Median
4.29
Q1
2.30
Min
0.20
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Credo (CRDO) vs. Microchip (MCHP): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Credo (CRDO) and Microchip (MCHP)
MetricCRDOMCHP
P/E Ratio (TTM)42.7343.87
P/S Ratio (TTM)14.245.67
P/B Ratio (MRQ)8.294.78
Free Cash Flow Yield (TTM)1.10%4.85%