CRDO vs. SNDK: Credo vs. Sandisk Stock Comparison
How do Credo (CRDO) and Sandisk (SNDK) 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 Sandisk (SNDK) share the Information Technology sector but sit in different industry groups — CRDO in Semiconductors & Semiconductor Equipment and SNDK in Technology Hardware & Equipment.
| Profile Item | CRDO | SNDK |
|---|---|---|
| Name | Credo Technology Group Holding Ltd | Sandisk Corp. |
| 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 | 118.82 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 27, 2022 | February 13, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| Total Return (1Y) | -17.42% | 270.34% |
| Total Return (3Y, Annualized) | 107.84% | -- |
| Total Return (5Y, Annualized) | -- | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| Volatility (1Y, Annualized) | 98.54% | 113.97% |
| Beta (5Y) | 3.31 | 6.00 |
| Max Drawdown (5Y) | -62.87% | -65.46% |
| Avg. Volume (3M) | 8.02M | 10.75M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| Sharpe Ratio (1Y) | -0.22 | 2.33 |
| Sortino Ratio (1Y) | -0.32 | 3.66 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Sandisk (SNDK) at 141.17% 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%
SNDK
Technology Hardware & Equipment industry group
141.17%
- SNDK
- 141.17%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Sandisk (SNDK) at 67.04% keeps the most of each sales dollar — above its industry’s net margin range — and Credo (CRDO) at 33.83% also retains a top-quartile 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%
SNDK
Technology Hardware & Equipment industry group
67.04%
- SNDK
- 67.04%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Sandisk (SNDK) at 79.59% 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%
SNDK
Technology Hardware & Equipment industry group
79.59%
- SNDK
- 79.59%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| ROE (TTM) | 30.67% | 141.17% |
| ROA (TTM) | 16.11% | 68.29% |
| Net Margin (TTM) | 33.83% | 67.04% |
| Operating Margin (TTM) | 25.20% | 79.59% |
| Gross Margin (TTM) | 67.07% | 79.95% |
Growth
Revenue Growth
Both Credo (CRDO) at 205.68% and Sandisk (SNDK) at 175.30% 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.
EPS Growth
Only one side can be read here: Credo (CRDO) reports EPS growth of 765.52%, ranked against its industry; Sandisk (SNDK) has no EPS growth figure this period.
Growth Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| Revenue Growth (YoY) | 205.68% | 175.30% |
| Revenue Growth (3Y CAGR) | 93.53% | 49.29% |
| EPS Growth (YoY) | 765.52% | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Sandisk (SNDK) at 2.58 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
SNDK
Technology Hardware & Equipment industry group
2.58
- Max
- 5.34
- Q3
- 3.02
- SNDK
- 2.58
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Both Credo (CRDO) at 0.01 and Sandisk (SNDK) at 0.01 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
SNDK
Technology Hardware & Equipment industry group
0.01
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- SNDK
- 0.01
- Min
- 0.01
Financial Strength Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| Current Ratio (MRQ) | 7.40 | 2.58 |
| Debt / Equity (MRQ) | 0.01 | 0.01 |
| Net Debt / EBITDA | -1.36 | -0.24 |
Dividends
Dividend Yield (TTM)
Neither Credo (CRDO) nor Sandisk (SNDK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
SNDK
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- SNDK
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Credo (CRDO) nor Sandisk (SNDK) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
SNDK
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- SNDK
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Sandisk (SNDK) at 6.67 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 SNDK, 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
SNDK
Technology Hardware & Equipment industry group
6.67
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- SNDK
- 6.67
- Min
- 6.07
P/S Ratio (TTM)
Sandisk (SNDK) at 4.10 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
SNDK
Technology Hardware & Equipment industry group
4.10
- Max
- 11.30
- Q3
- 5.82
- SNDK
- 4.10
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Both Credo (CRDO) at 8.29 and Sandisk (SNDK) at 6.63 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
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
SNDK
Technology Hardware & Equipment industry group
6.63
- Max
- 10.75
- SNDK
- 6.63
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | CRDO | SNDK |
|---|---|---|
| P/E Ratio (TTM) | 42.73 | 6.67 |
| P/S Ratio (TTM) | 14.24 | 4.10 |
| P/B Ratio (MRQ) | 8.29 | 6.63 |
| Free Cash Flow Yield (TTM) | 1.10% | 9.46% |