CRDO vs. MKSI: Credo vs. MKS Stock Comparison
How do Credo (CRDO) and MKS (MKSI) 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 MKS (MKSI) both belong to the Semiconductors & Semiconductor Equipment industry, though CRDO is classified under Semiconductors while MKSI falls under Semiconductor Materials & Equipment.
MKS (MKSI) has more than two decades of public-market history since March 30, 1999, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.
| Profile Item | CRDO | MKSI |
|---|---|---|
| Name | Credo Technology Group Holding Ltd | MKS Inc. |
| Country/Region | Cayman Islands | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductor Materials & Equipment |
| Market Capitalization | 22.65 billion USD | 13.00 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 27, 2022 | March 30, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| Total Return (1Y) | -17.42% | 35.07% |
| Total Return (3Y, Annualized) | 107.84% | 46.46% |
| Total Return (5Y, Annualized) | -- | 6.02% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| Volatility (1Y, Annualized) | 98.54% | 62.92% |
| Beta (5Y) | 3.31 | 2.12 |
| Max Drawdown (5Y) | -62.87% | -66.57% |
| Avg. Volume (3M) | 8.02M | 1.36M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| Sharpe Ratio (1Y) | -0.22 | 0.49 |
| Sortino Ratio (1Y) | -0.32 | 0.70 |
Profitability
ROE (TTM)
Credo (CRDO) at 30.67% sits in the top ROE quartile, while MKS (MKSI) at 20.46% 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%
MKSI
Semiconductors & Semiconductor Equipment industry group
20.46%
- Max
- 52.82%
- Q3
- 22.26%
- MKSI
- 20.46%
- Median
- 10.58%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Credo (CRDO) at 33.83% retains a top-quartile share of revenue as profit, ahead of MKS (MKSI) at 12.62%, 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%
MKSI
Semiconductors & Semiconductor Equipment industry group
12.62%
- Max
- 63.80%
- Q3
- 28.36%
- MKSI
- 12.62%
- Median
- 11.44%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Both Credo (CRDO) at 25.20% and MKS (MKSI) at 23.21% 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%
MKSI
Semiconductors & Semiconductor Equipment industry group
23.21%
- Max
- 58.66%
- Q3
- 30.23%
- MKSI
- 23.21%
- Median
- 15.91%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| ROE (TTM) | 30.67% | 20.46% |
| ROA (TTM) | 16.11% | 6.28% |
| Net Margin (TTM) | 33.83% | 12.62% |
| Operating Margin (TTM) | 25.20% | 23.21% |
| Gross Margin (TTM) | 67.07% | 47.26% |
Growth
Revenue Growth
Credo (CRDO) at 205.68% clears its industry range for revenue growth, far stronger top-line momentum than MKS (MKSI) at 9.62%, which is closer to a typical peer reading.
EPS Growth
Both companies show strong earnings momentum, but Credo (CRDO) at 765.52% is the standout with EPS growth above its industry range; MKS (MKSI) at 55.52% also sits in the top quartile.
Growth Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| Revenue Growth (YoY) | 205.68% | 9.62% |
| Revenue Growth (3Y CAGR) | 93.53% | 3.49% |
| EPS Growth (YoY) | 765.52% | 55.52% |
| EPS Growth (3Y CAGR) | -- | -7.71% |
Financial Strength
Current Ratio (MRQ)
Credo (CRDO) at 7.40 carries current ratio above its industry’s typical mid-range, while MKS (MKSI) at 1.19 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
MKSI
Semiconductors & Semiconductor Equipment industry group
1.19
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- Q1
- 2.35
- MKSI
- 1.19
- Min
- 1.03
Debt / Equity (MRQ)
Credo (CRDO) at 0.01 keeps leverage in the lower quartile, while MKS (MKSI) at 1.22 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
MKSI
Semiconductors & Semiconductor Equipment industry group
1.22
- Max
- 1.46
- MKSI
- 1.22
- Q3
- 0.65
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| Current Ratio (MRQ) | 7.40 | 1.19 |
| Debt / Equity (MRQ) | 0.01 | 1.22 |
| Net Debt / EBITDA | -1.36 | 2.67 |
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 MKS (MKSI) reports a yield of 0.55%, 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%
MKSI
Semiconductors & Semiconductor Equipment industry group
0.55%
- Max
- 1.37%
- Q3
- 0.65%
- MKSI
- 0.55%
- 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 MKS (MKSI) reports a payout of 11.48%, 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%
MKSI
Semiconductors & Semiconductor Equipment industry group
11.48%
- Max
- 49.64%
- Q3
- 21.71%
- MKSI
- 11.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.55% |
| Dividend Payout Ratio (TTM) | 0.00% | 11.48% |
Valuation
P/E Ratio (TTM)
MKS (MKSI) at 22.75 sits in the cheaper P/E ratio quartile, while Credo (CRDO) at 42.73 is closer to its industry’s usual earnings multiple — a discount for MKSI, though growth and earnings durability still matter.
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
MKSI
Semiconductors & Semiconductor Equipment industry group
22.75
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- MKSI
- 22.75
- Min
- 8.12
P/S Ratio (TTM)
MKS (MKSI) at 2.72 looks cheap on sales in the lower P/S ratio quartile, while Credo (CRDO) at 14.24 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
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
MKSI
Semiconductors & Semiconductor Equipment industry group
2.72
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- MKSI
- 2.72
- Min
- 0.00
P/B Ratio (MRQ)
MKS (MKSI) at 3.96 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
MKSI
Semiconductors & Semiconductor Equipment industry group
3.96
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- MKSI
- 3.96
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | CRDO | MKSI |
|---|---|---|
| P/E Ratio (TTM) | 42.73 | 22.75 |
| P/S Ratio (TTM) | 14.24 | 2.72 |
| P/B Ratio (MRQ) | 8.29 | 3.96 |
| Free Cash Flow Yield (TTM) | 1.10% | 4.02% |