CRDO vs. QBTS: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CRDO and QBTS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | CRDO | QBTS |
|---|---|---|
| Company Name | Credo Technology Group Holding Ltd | D-Wave Quantum Inc. |
| Country | Cayman Islands | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Semiconductors & Semiconductor Equipment | Software |
| Market Capitalization | 25.49 billion USD | 8.11 billion USD |
| Exchange | NasdaqGS | NYSE |
| Listing Date | January 27, 2022 | December 11, 2020 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of CRDO and QBTS 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 | QBTS |
|---|---|---|
| 5-Day Price Return | -14.48% | -19.61% |
| 13-Week Price Return | 24.65% | 38.80% |
| 26-Week Price Return | 146.35% | 120.04% |
| 52-Week Price Return | 217.24% | 1,226.40% |
| Month-to-Date Return | -22.44% | -36.29% |
| Year-to-Date Return | 116.52% | 181.07% |
| 10-Day Avg. Volume | 5.30M | 42.34M |
| 3-Month Avg. Volume | 5.30M | 51.05M |
| 3-Month Volatility | 85.37% | 116.71% |
| Beta | 2.72 | 1.61 |
Profitability
Return on Equity (TTM)
CRDO
18.89%
Semiconductors & Semiconductor Equipment Industry
- Max
- 49.05%
- Q3
- 22.19%
- Median
- 7.96%
- Q1
- 0.99%
- Min
- -15.65%
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.
QBTS
-97.58%
Software Industry
- Max
- 65.88%
- Q3
- 22.54%
- Median
- 10.46%
- Q1
- -6.54%
- Min
- -41.05%
QBTS has a negative Return on Equity of -97.58%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Net Profit Margin (TTM)
CRDO
20.85%
Semiconductors & Semiconductor Equipment Industry
- Max
- 52.41%
- Q3
- 24.47%
- Median
- 11.88%
- Q1
- 0.60%
- Min
- -25.46%
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.
QBTS
-1,651.81%
Software Industry
- Max
- 53.50%
- Q3
- 20.30%
- Median
- 9.60%
- Q1
- -4.98%
- Min
- -41.00%
QBTS has a negative Net Profit Margin of -1,651.81%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin (TTM)
CRDO
18.72%
Semiconductors & Semiconductor Equipment Industry
- Max
- 58.09%
- Q3
- 27.76%
- Median
- 12.14%
- Q1
- 3.29%
- Min
- -32.60%
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.
QBTS
-355.21%
Software Industry
- Max
- 61.99%
- Q3
- 23.67%
- Median
- 10.93%
- Q1
- -3.57%
- Min
- -40.19%
QBTS has a negative Operating Profit Margin of -355.21%. This signifies the company is unprofitable at the operational level, as its core business expenses exceed its revenue.
Profitability at a Glance
| Symbol | CRDO | QBTS |
|---|---|---|
| Return on Equity (TTM) | 18.89% | -97.58% |
| Return on Assets (TTM) | 16.29% | -71.38% |
| Net Profit Margin (TTM) | 20.85% | -1,651.81% |
| Operating Profit Margin (TTM) | 18.72% | -355.21% |
| Gross Profit Margin (TTM) | 65.98% | 82.82% |
Financial Strength
Current Ratio (MRQ)
CRDO
7.41
Semiconductors & Semiconductor Equipment Industry
- Max
- 6.57
- Q3
- 4.28
- Median
- 2.86
- Q1
- 2.22
- 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.
QBTS
54.68
Software Industry
- Max
- 4.01
- Q3
- 2.27
- Median
- 1.50
- Q1
- 1.03
- Min
- 0.25
QBTS’s Current Ratio of 54.68 is exceptionally high, placing it well outside the typical range for the Software 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.
Debt-to-Equity Ratio (MRQ)
CRDO
0.00
Semiconductors & Semiconductor Equipment Industry
- Max
- 1.18
- Q3
- 0.48
- Median
- 0.24
- 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.
QBTS
0.05
Software Industry
- Max
- 2.04
- Q3
- 0.86
- Median
- 0.29
- Q1
- 0.00
- Min
- 0.00
QBTS’s Debt-to-Equity Ratio of 0.05 is typical for the Software industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
CRDO
--
Semiconductors & Semiconductor Equipment Industry
- Max
- 174.00
- Q3
- 81.21
- Median
- 22.37
- Q1
- 6.43
- Min
- -7.80
Interest Coverage Ratio data for CRDO is currently unavailable.
QBTS
-46.22
Software Industry
- Max
- 89.65
- Q3
- 33.82
- Median
- 1.59
- Q1
- -10.48
- Min
- -71.23
QBTS has a negative Interest Coverage Ratio of -46.22. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | CRDO | QBTS |
|---|---|---|
| Current Ratio (MRQ) | 7.41 | 54.68 |
| Quick Ratio (MRQ) | 6.34 | 54.28 |
| Debt-to-Equity Ratio (MRQ) | 0.00 | 0.05 |
| Interest Coverage Ratio (TTM) | -- | -46.22 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 3.58%
- Q3
- 1.59%
- Median
- 0.61%
- 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.
QBTS
0.00%
Software Industry
- Max
- 0.34%
- Q3
- 0.17%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QBTS 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.
Dividend Payout Ratio (TTM)
CRDO
0.00%
Semiconductors & Semiconductor Equipment Industry
- Max
- 211.90%
- Q3
- 88.01%
- Median
- 25.84%
- 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.
QBTS
0.00%
Software Industry
- Max
- 12.76%
- Q3
- 6.56%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QBTS 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.
Dividend at a Glance
| Symbol | CRDO | QBTS |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
CRDO
201.28
Semiconductors & Semiconductor Equipment Industry
- Max
- 95.58
- Q3
- 58.67
- Median
- 34.77
- Q1
- 25.45
- Min
- 12.63
At 201.28, 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.
QBTS
--
Software Industry
- Max
- 142.78
- Q3
- 72.24
- Median
- 36.21
- Q1
- 24.24
- Min
- 4.55
P/E Ratio data for QBTS is currently unavailable.
Price-to-Sales Ratio (TTM)
CRDO
41.97
Semiconductors & Semiconductor Equipment Industry
- Max
- 18.34
- Q3
- 10.38
- Median
- 5.38
- Q1
- 2.49
- Min
- 0.32
With a P/S Ratio of 41.97, 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.
QBTS
331.07
Software Industry
- Max
- 20.79
- Q3
- 12.71
- Median
- 6.75
- Q1
- 4.56
- Min
- 0.87
With a P/S Ratio of 331.07, QBTS trades at a valuation that eclipses even the highest in the Software industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
Price-to-Book Ratio (MRQ)
CRDO
25.20
Semiconductors & Semiconductor Equipment Industry
- Max
- 16.22
- Q3
- 8.33
- Median
- 4.39
- Q1
- 1.79
- Min
- 0.30
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.
QBTS
12.60
Software Industry
- Max
- 30.49
- Q3
- 14.84
- Median
- 8.09
- Q1
- 4.32
- Min
- 0.38
QBTS’s P/B Ratio of 12.60 is within the conventional range for the Software 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 | QBTS |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 201.28 | -- |
| Price-to-Sales Ratio (TTM) | 41.97 | 331.07 |
| Price-to-Book Ratio (MRQ) | 25.20 | 12.60 |
| Price-to-Free Cash Flow Ratio (TTM) | 238.69 | -- |