CRDO vs. STX: Credo vs. Seagate Stock Comparison
How do Credo (CRDO) and Seagate (STX) 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 Seagate (STX) share the Information Technology sector but sit in different industry groups — CRDO in Semiconductors & Semiconductor Equipment and STX in Technology Hardware & Equipment.
Seagate (STX) has more than two decades of public-market history since December 11, 2002, whereas Credo (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.
| Profile Item | CRDO | STX |
|---|---|---|
| Name | Credo Technology Group Holding Ltd | Seagate Technology Holdings plc |
| Country/Region | Cayman Islands | Singapore |
| 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 | 105.83 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 27, 2022 | December 11, 2002 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CRDO | STX |
|---|---|---|
| Total Return (1Y) | -17.42% | 83.77% |
| Total Return (3Y, Annualized) | 107.84% | 95.95% |
| Total Return (5Y, Annualized) | -- | 42.73% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CRDO | STX |
|---|---|---|
| Volatility (1Y, Annualized) | 98.54% | 76.96% |
| Beta (5Y) | 3.31 | 2.24 |
| Max Drawdown (5Y) | -62.87% | -57.80% |
| Avg. Volume (3M) | 8.02M | 4.72M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CRDO | STX |
|---|---|---|
| Sharpe Ratio (1Y) | -0.22 | 1.03 |
| Sortino Ratio (1Y) | -0.32 | 1.51 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Seagate (STX) at 259.35% 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%
STX
Technology Hardware & Equipment industry group
259.35%
- STX
- 259.35%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Seagate (STX) at 31.86% 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%
STX
Technology Hardware & Equipment industry group
31.86%
- STX
- 31.86%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Seagate (STX) at 48.85% 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%
STX
Technology Hardware & Equipment industry group
48.85%
- STX
- 48.85%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | CRDO | STX |
|---|---|---|
| ROE (TTM) | 30.67% | 259.35% |
| ROA (TTM) | 16.11% | 37.21% |
| Net Margin (TTM) | 33.83% | 31.86% |
| Operating Margin (TTM) | 25.20% | 48.85% |
| Gross Margin (TTM) | 67.07% | 50.35% |
Growth
Revenue Growth
Both companies are growing quickly, but Credo (CRDO) at 205.68% is the standout with revenue growth above its industry range; Seagate (STX) at 34.06% also sits in the top quartile.
EPS Growth
Both companies show strong earnings momentum, but Credo (CRDO) at 765.52% is the standout with EPS growth above its industry range; Seagate (STX) at 105.32% also sits in the top quartile.
Growth Metrics
| Metric | CRDO | STX |
|---|---|---|
| Revenue Growth (YoY) | 205.68% | 34.06% |
| Revenue Growth (3Y CAGR) | 93.53% | 18.20% |
| EPS Growth (YoY) | 765.52% | 105.32% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Seagate (STX) at 1.82 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
STX
Technology Hardware & Equipment industry group
1.82
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- STX
- 1.82
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Credo (CRDO) at 0.01 keeps leverage in the lower industry quartile, while Seagate (STX) at 0.77 runs a more typical debt-to-equity mix.
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
STX
Technology Hardware & Equipment industry group
0.77
- Max
- 1.76
- Q3
- 0.78
- STX
- 0.77
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | CRDO | STX |
|---|---|---|
| Current Ratio (MRQ) | 7.40 | 1.82 |
| Debt / Equity (MRQ) | 0.01 | 0.77 |
| Net Debt / EBITDA | -1.36 | 0.24 |
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 Seagate (STX) reports a yield of 0.63%, 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%
STX
Technology Hardware & Equipment industry group
0.63%
- Max
- 0.73%
- STX
- 0.63%
- Q3
- 0.31%
- 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 Seagate (STX) reports a payout of 15.52%, 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%
STX
Technology Hardware & Equipment industry group
15.52%
- Max
- 32.27%
- STX
- 15.52%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CRDO | STX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.63% |
| Dividend Payout Ratio (TTM) | 0.00% | 15.52% |
Valuation
P/E Ratio (TTM)
Both Credo (CRDO) at 42.73 and Seagate (STX) at 24.17 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
STX
Technology Hardware & Equipment industry group
24.17
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- STX
- 24.17
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
Both Credo (CRDO) at 14.24 and Seagate (STX) at 7.67 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
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
STX
Technology Hardware & Equipment industry group
7.67
- Max
- 11.30
- STX
- 7.67
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Credo (CRDO) at 8.29 sits in the upper P/B ratio quartile, and Seagate (STX) at 30.67 prices even higher, above its industry range.
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
STX
Technology Hardware & Equipment industry group
30.67
- STX
- 30.67
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | CRDO | STX |
|---|---|---|
| P/E Ratio (TTM) | 42.73 | 24.17 |
| P/S Ratio (TTM) | 14.24 | 7.67 |
| P/B Ratio (MRQ) | 8.29 | 30.67 |
| Free Cash Flow Yield (TTM) | 1.10% | 2.17% |