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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.

Company profile comparison for Credo (CRDO) and Seagate (STX)
Profile ItemCRDOSTX
NameCredo Technology Group Holding LtdSeagate Technology Holdings plc
Country/RegionCayman IslandsSingapore
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSemiconductors & Semiconductor EquipmentTechnology Hardware & Equipment
GICS IndustrySemiconductors & Semiconductor EquipmentTechnology Hardware, Storage & Peripherals
GICS Sub-IndustrySemiconductorsTechnology Hardware, Storage & Peripherals
Market Capitalization22.65 billion USD105.83 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJanuary 27, 2022December 11, 2002
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CRDO
STX
GSPC
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Credo (CRDO) vs. Seagate (STX), 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 Seagate (STX). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
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

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

Risk Metrics

Risk profile metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
Volatility (1Y, Annualized)98.54%76.96%
Beta (5Y)3.312.24
Max Drawdown (5Y)-62.87%-57.80%
Avg. Volume (3M)8.02M4.72M

Risk-Adjusted Performance

Risk-Return Positioning

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CRDO and STX are plotted by 1-year volatility (risk) and 1-year return. Each dashed Capital Allocation Line uses that stock's own industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
Sharpe Ratio (1Y)-0.221.03
Sortino Ratio (1Y)-0.321.51

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%
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Credo (CRDO) vs. Seagate (STX): A comparison of their ROE against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

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%
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Credo (CRDO) vs. Seagate (STX): A comparison of their net margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

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%
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Credo (CRDO) vs. Seagate (STX): A comparison of their operating margin against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Profitability Metrics

Profitability metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
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.

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

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.

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

Growth Metrics

Growth metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
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
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Credo (CRDO) vs. Seagate (STX): A comparison of their current ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

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
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Credo (CRDO) vs. Seagate (STX): A comparison of their debt-to-equity ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Financial Strength Metrics

Financial strength metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
Current Ratio (MRQ)7.401.82
Debt / Equity (MRQ)0.010.77
Net Debt / EBITDA-1.360.24

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%
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Credo (CRDO) vs. Seagate (STX): A comparison of their dividend yield against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

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%
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Credo (CRDO) vs. Seagate (STX): A comparison of their payout ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Dividend Metrics

Dividend metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
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
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Credo (CRDO) vs. Seagate (STX): A comparison of their P/E ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

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
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Credo (CRDO) vs. Seagate (STX): A comparison of their P/S ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

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
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Credo (CRDO) vs. Seagate (STX): A comparison of their P/B ratio against their respective Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment industry group benchmarks.

Valuation Metrics

Valuation metrics for Credo (CRDO) and Seagate (STX)
MetricCRDOSTX
P/E Ratio (TTM)42.7324.17
P/S Ratio (TTM)14.247.67
P/B Ratio (MRQ)8.2930.67
Free Cash Flow Yield (TTM)1.10%2.17%