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CRDO vs. MU: Credo vs. Micron Stock Comparison

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

Micron (MU) has more than two decades of public-market history since June 1, 1984, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.

Company profile comparison for Credo (CRDO) and Micron (MU)
Profile ItemCRDOMU
NameCredo Technology Group Holding LtdMicron 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 USD780.68 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJanuary 27, 2022June 1, 1984
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRDO
MU
GSPC
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Credo (CRDO) vs. Micron (MU), 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 Micron (MU). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Credo (CRDO) and Micron (MU)
MetricCRDOMU
Total Return (1Y)-17.42%208.53%
Total Return (3Y, Annualized)107.84%115.89%
Total Return (5Y, Annualized)--58.28%

Risk Profile

Drawdown History

CRDO
MU
GSPC
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Credo (CRDO) vs. Micron (MU), 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 Micron (MU). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Credo (CRDO) and Micron (MU)
MetricCRDOMU
Volatility (1Y, Annualized)98.54%83.85%
Beta (5Y)3.312.44
Max Drawdown (5Y)-62.87%-57.63%
Avg. Volume (3M)8.02M27.63M

Risk-Adjusted Performance

Risk-Return Positioning

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CRDO and MU 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 Micron (MU)
MetricCRDOMU
Sharpe Ratio (1Y)-0.222.44
Sortino Ratio (1Y)-0.323.87

Profitability

ROE (TTM)

Both companies show strong equity returns, but Micron (MU) at 88.26% is the standout with ROE above its industry range; Credo (CRDO) at 30.67% also sits in the top quartile.

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%

MU

Semiconductors & Semiconductor Equipment industry group

88.26%

MU
88.26%
Max
52.82%
Q3
22.26%
Median
10.58%
Q1
1.29%
Min
-16.89%
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Credo (CRDO) vs. Micron (MU): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Credo (CRDO) at 33.83% and Micron (MU) at 63.80% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

MU

Semiconductors & Semiconductor Equipment industry group

63.80%

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

Operating Margin (TTM)

Micron (MU) at 80.68% turns sales into operating profit above its industry’s benchmark range, while Credo (CRDO) at 25.20% operates around its industry’s norm.

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%

MU

Semiconductors & Semiconductor Equipment industry group

80.68%

MU
80.68%
Max
58.66%
Q3
30.23%
Median
15.91%
Q1
7.54%
Min
-25.74%
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Credo (CRDO) vs. Micron (MU): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Credo (CRDO) and Micron (MU)
MetricCRDOMU
ROE (TTM)30.67%88.26%
ROA (TTM)16.11%44.56%
Net Margin (TTM)33.83%63.80%
Operating Margin (TTM)25.20%80.68%
Gross Margin (TTM)67.07%80.72%

Growth

Revenue Growth

Both Credo (CRDO) at 205.68% and Micron (MU) at 256.33% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.

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

EPS Growth

Both Credo (CRDO) at 765.52% and Micron (MU) at 879.31% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.

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

Growth Metrics

Growth metrics for Credo (CRDO) and Micron (MU)
MetricCRDOMU
Revenue Growth (YoY)205.68%256.33%
Revenue Growth (3Y CAGR)93.53%104.65%
EPS Growth (YoY)765.52%879.31%
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Micron (MU) at 3.31 keeps current ratio within its industry’s typical mid-range, while Credo (CRDO) at 7.40 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

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

MU

Semiconductors & Semiconductor Equipment industry group

3.31

Max
10.33
Q3
5.62
Median
3.33
MU
3.31
Q1
2.35
Min
1.03
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Credo (CRDO) vs. Micron (MU): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Credo (CRDO) at 0.01 and Micron (MU) at 0.04 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

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

MU

Semiconductors & Semiconductor Equipment industry group

0.04

Max
1.46
Q3
0.65
Median
0.27
Q1
0.04
MU
0.04
Min
0.00
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Credo (CRDO) vs. Micron (MU): 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 Micron (MU)
MetricCRDOMU
Current Ratio (MRQ)7.403.31
Debt / Equity (MRQ)0.010.04
Net Debt / EBITDA-1.36-0.35

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 Micron (MU) reports a yield of 0.09%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.09%

Max
1.37%
Q3
0.65%
MU
0.09%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Micron (MU): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

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 Micron (MU) reports a payout of 0.71%, 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%

MU

Semiconductors & Semiconductor Equipment industry group

0.71%

Max
49.64%
Q3
21.71%
MU
0.71%
Median
0.00%
Q1
0.00%
Min
0.00%
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Credo (CRDO) vs. Micron (MU): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Credo (CRDO) and Micron (MU)
MetricCRDOMU
Dividend Yield (TTM)0.00%0.09%
Dividend Payout Ratio (TTM)0.00%0.71%

Valuation

P/E Ratio (TTM)

Micron (MU) at 9.28 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 MU, 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

MU

Semiconductors & Semiconductor Equipment industry group

9.28

Max
110.34
Q3
66.81
Median
37.02
Q1
23.96
MU
9.28
Min
8.12
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Credo (CRDO) vs. Micron (MU): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Micron (MU) at 5.86 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

MU

Semiconductors & Semiconductor Equipment industry group

5.86

Max
21.42
Q3
12.27
MU
5.86
Median
5.76
Q1
2.73
Min
0.00
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Credo (CRDO) vs. Micron (MU): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Micron (MU) at 5.64 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

MU

Semiconductors & Semiconductor Equipment industry group

5.64

Max
14.06
Q3
7.44
MU
5.64
Median
4.29
Q1
2.30
Min
0.20
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Credo (CRDO) vs. Micron (MU): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Credo (CRDO) and Micron (MU)
MetricCRDOMU
P/E Ratio (TTM)42.739.28
P/S Ratio (TTM)14.245.86
P/B Ratio (MRQ)8.295.64
Free Cash Flow Yield (TTM)1.10%3.73%