CRDO vs. TSM: Credo Technology Group vs. TSMC Stock Comparison
How do Credo Technology Group (CRDO) and TSMC (TSM) 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 Technology Group (CRDO) and TSMC (TSM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
TSMC (TSM) has more than two decades of public-market history since October 9, 1997, whereas Credo Technology Group (CRDO) listed on January 27, 2022 and has a much shorter record to draw on.
Credo Technology Group (CRDO) trades as ordinary local shares, while TSMC (TSM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CRDO | TSM |
|---|---|---|
| Name | Credo Technology Group Holding Ltd. | Taiwan Semiconductor Manufacturing Co. Ltd. ADR |
| Country/Region | Cayman Islands | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Semiconductors & Semiconductor Equipment | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Semiconductors | Semiconductors |
| Market Capitalization | 56.41 billion USD | 2,425.56 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 27, 2022 | October 9, 1997 |
| Security Type | Common Stock | ADR |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| Total Return (1Y) | 253.78% | 125.69% |
Risk
Drawdown
Risk at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| Volatility (1Y, Annualized) | 87.00% | 37.64% |
| Beta (5Y) | 3.17 | 1.36 |
| Avg. Volume (3M) | 7.75M | 13.56M |
Profitability
ROE (TTM)
Both Credo Technology Group (CRDO) at 34.41% and TSMC (TSM) at 36.21% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CRDO
Semiconductors & Semiconductor Equipment industry group
34.41%
- Max
- 39.82%
- CRDO
- 34.41%
- Q3
- 17.52%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
TSM
Semiconductors & Semiconductor Equipment industry group
36.21%
- Max
- 39.82%
- TSM
- 36.21%
- Q3
- 17.52%
- Median
- 6.57%
- Q1
- -4.94%
- Min
- -35.15%
Net Margin (TTM)
For every dollar of sales, both Credo Technology Group (CRDO) at 35.37% and TSMC (TSM) at 46.51% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
CRDO
Semiconductors & Semiconductor Equipment industry group
35.37%
- Max
- 57.72%
- CRDO
- 35.37%
- Q3
- 20.98%
- Median
- 7.10%
- Q1
- -3.84%
- Min
- -32.92%
TSM
Semiconductors & Semiconductor Equipment industry group
46.51%
- Max
- 57.72%
- TSM
- 46.51%
- Q3
- 20.98%
- Median
- 7.10%
- Q1
- -3.84%
- Min
- -32.92%
Operating Margin (TTM)
Both Credo Technology Group (CRDO) at 35.66% and TSMC (TSM) at 58.11% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
CRDO
Semiconductors & Semiconductor Equipment industry group
35.66%
- Max
- 65.60%
- CRDO
- 35.66%
- Q3
- 21.58%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
TSM
Semiconductors & Semiconductor Equipment industry group
58.11%
- Max
- 65.60%
- TSM
- 58.11%
- Q3
- 21.58%
- Median
- 9.68%
- Q1
- -8.51%
- Min
- -46.64%
Profitability at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| ROE (TTM) | 34.41% | 36.21% |
| ROA (TTM) | 17.92% | 17.32% |
| Net Margin (TTM) | 35.37% | 46.51% |
| Operating Margin (TTM) | 35.66% | 58.11% |
| Gross Margin (TTM) | 68.04% | 61.87% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| Revenue Growth (YoY) | 205.68% | 31.61% |
| Revenue Growth (3Y CAGR) | 93.53% | 18.94% |
EPS Growth
EPS Growth at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| EPS Growth (YoY) | 765.52% | 46.41% |
| EPS Growth (3Y CAGR) | -- | 19.12% |
Financial Strength
Current Ratio (MRQ)
TSMC (TSM) at 2.49 keeps current ratio within its industry’s typical mid-range, while Credo Technology Group (CRDO) at 10.15 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
10.15
- Max
- 11.30
- CRDO
- 10.15
- Q3
- 6.01
- Median
- 3.26
- Q1
- 2.37
- Min
- 0.51
TSM
Semiconductors & Semiconductor Equipment industry group
2.49
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.26
- TSM
- 2.49
- Q1
- 2.37
- Min
- 0.51
Debt / Equity (MRQ)
Credo Technology Group (CRDO) at 0.01 keeps leverage in the lower industry quartile, while TSMC (TSM) at 0.18 runs a more typical debt-to-equity mix.
CRDO
Semiconductors & Semiconductor Equipment industry group
0.01
- Max
- 1.53
- Q3
- 0.64
- Median
- 0.21
- Q1
- 0.04
- CRDO
- 0.01
- Min
- 0.00
TSM
Semiconductors & Semiconductor Equipment industry group
0.18
- Max
- 1.53
- Q3
- 0.64
- Median
- 0.21
- TSM
- 0.18
- Q1
- 0.04
- Min
- 0.00
Financial Strength at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| Current Ratio (MRQ) | 10.15 | 2.49 |
| Debt / Equity (MRQ) | 0.01 | 0.18 |
| Net Debt / EBITDA | -2.96 | -0.80 |
Dividends
Dividend Yield (TTM)
Credo Technology Group (CRDO) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile TSMC (TSM) reports a yield of 5.19%, ranking against industry peers normally.
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- CRDO
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TSM
Semiconductors & Semiconductor Equipment industry group
5.19%
- TSM
- 5.19%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Credo Technology Group (CRDO) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile TSMC (TSM) reports a payout of 27.93%, ranking against industry peers normally.
CRDO
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 41.26%
- Q3
- 19.05%
- CRDO
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TSM
Semiconductors & Semiconductor Equipment industry group
27.93%
- Max
- 41.26%
- TSM
- 27.93%
- Q3
- 19.05%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 5.19% |
| Dividend Payout Ratio (TTM) | 0.00% | 27.93% |
Valuation
P/E Ratio (TTM)
TSMC (TSM) at 40.32 sits in the cheaper P/E ratio quartile, while Credo Technology Group (CRDO) at 120.53 is closer to its industry’s usual earnings multiple — a discount for TSM, though growth and earnings durability still matter.
CRDO
Semiconductors & Semiconductor Equipment industry group
120.53
- Max
- 290.37
- Q3
- 149.77
- CRDO
- 120.53
- Median
- 73.50
- Q1
- 52.35
- Min
- 6.22
TSM
Semiconductors & Semiconductor Equipment industry group
40.32
- Max
- 290.37
- Q3
- 149.77
- Median
- 73.50
- Q1
- 52.35
- TSM
- 40.32
- Min
- 6.22
P/S Ratio (TTM)
TSMC (TSM) at 0.59 sits in the cheaper P/S ratio quartile while Credo Technology Group (CRDO) at 42.25 prices above its industry range — a wide gap in sales valuation between them.
CRDO
Semiconductors & Semiconductor Equipment industry group
42.25
- CRDO
- 42.25
- Max
- 38.08
- Q3
- 23.03
- Median
- 11.02
- Q1
- 4.71
- Min
- 0.02
TSM
Semiconductors & Semiconductor Equipment industry group
0.59
- Max
- 38.08
- Q3
- 23.03
- Median
- 11.02
- Q1
- 4.71
- TSM
- 0.59
- Min
- 0.02
P/B Ratio (MRQ)
Both look rich against book: Credo Technology Group (CRDO) at 27.18 sits in the upper P/B ratio quartile, and TSMC (TSM) at 71.54 prices even higher, above its industry range.
CRDO
Semiconductors & Semiconductor Equipment industry group
27.18
- Max
- 28.42
- CRDO
- 27.18
- Q3
- 15.74
- Median
- 8.60
- Q1
- 4.34
- Min
- 0.22
TSM
Semiconductors & Semiconductor Equipment industry group
71.54
- TSM
- 71.54
- Max
- 28.42
- Q3
- 15.74
- Median
- 8.60
- Q1
- 4.34
- Min
- 0.22
Valuation at a Glance
| Metric | CRDO | TSM |
|---|---|---|
| P/E Ratio (TTM) | 120.53 | 40.32 |
| P/S Ratio (TTM) | 42.25 | 0.59 |
| P/B Ratio (MRQ) | 27.18 | 71.54 |
| Free Cash Flow Yield (TTM) | 0.44% | 29.65% |