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CRDO vs. WIT: A Head-to-Head Stock Comparison

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Here’s a clear look at CRDO and WIT, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

CRDO is a standard domestic listing, while WIT trades as an American Depositary Receipt (ADR), offering U.S. investors access to its foreign-listed shares.

SymbolCRDOWIT
Company NameCredo Technology Group Holding LtdWipro Limited
CountryCayman IslandsIndia
GICS SectorInformation TechnologyInformation Technology
GICS IndustrySemiconductors & Semiconductor EquipmentIT Services
Market Capitalization25.75 billion USD28.82 billion USD
ExchangeNasdaqGSNYSE
Listing DateJanuary 27, 2022October 19, 2000
Security TypeCommon StockADR

Historical Performance

This chart compares the performance of CRDO and WIT 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.

CRDO vs. WIT: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolCRDOWIT
5-Day Price Return-0.51%1.02%
13-Week Price Return52.55%-8.79%
26-Week Price Return300.83%-6.86%
52-Week Price Return357.50%-8.44%
Month-to-Date Return2.24%2.19%
Year-to-Date Return121.50%-19.12%
10-Day Avg. Volume5.85M8.78M
3-Month Avg. Volume5.59M8.73M
3-Month Volatility66.08%21.75%
Beta2.640.73

Profitability

Return on Equity (TTM)

CRDO

18.89%

Semiconductors & Semiconductor Equipment Industry

Max
47.13%
Q3
23.50%
Median
9.94%
Q1
0.86%
Min
-20.69%

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.

WIT

15.98%

IT Services Industry

Max
32.78%
Q3
19.28%
Median
13.86%
Q1
5.50%
Min
-10.00%

WIT’s Return on Equity of 15.98% is on par with the norm for the IT Services industry, indicating its profitability relative to shareholder equity is typical for the sector.

CRDO vs. WIT: A comparison of their Return on Equity (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Net Profit Margin (TTM)

CRDO

20.85%

Semiconductors & Semiconductor Equipment Industry

Max
52.41%
Q3
23.88%
Median
10.17%
Q1
1.21%
Min
-32.15%

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.

WIT

15.08%

IT Services Industry

Max
19.71%
Q3
11.01%
Median
6.66%
Q1
2.96%
Min
-6.22%

A Net Profit Margin of 15.08% places WIT in the upper quartile for the IT Services industry, signifying strong profitability and more effective cost management than most of its peers.

CRDO vs. WIT: A comparison of their Net Profit Margin (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Operating Profit Margin (TTM)

CRDO

18.72%

Semiconductors & Semiconductor Equipment Industry

Max
58.09%
Q3
27.54%
Median
11.18%
Q1
3.31%
Min
-28.36%

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.

WIT

16.91%

IT Services Industry

Max
22.44%
Q3
14.90%
Median
8.82%
Q1
4.91%
Min
-9.89%

An Operating Profit Margin of 16.91% places WIT in the upper quartile for the IT Services industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

CRDO vs. WIT: A comparison of their Operating Profit Margin (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Profitability at a Glance

SymbolCRDOWIT
Return on Equity (TTM)18.89%15.98%
Return on Assets (TTM)16.29%10.44%
Net Profit Margin (TTM)20.85%15.08%
Operating Profit Margin (TTM)18.72%16.91%
Gross Profit Margin (TTM)65.98%30.34%

Financial Strength

Current Ratio (MRQ)

CRDO

7.41

Semiconductors & Semiconductor Equipment Industry

Max
6.58
Q3
4.24
Median
2.73
Q1
2.13
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.

WIT

2.40

IT Services Industry

Max
3.17
Q3
2.00
Median
1.47
Q1
1.05
Min
0.52

WIT’s Current Ratio of 2.40 is in the upper quartile for the IT Services industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

CRDO vs. WIT: A comparison of their Current Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Debt-to-Equity Ratio (MRQ)

CRDO

0.00

Semiconductors & Semiconductor Equipment Industry

Max
1.09
Q3
0.48
Median
0.25
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.

WIT

0.18

IT Services Industry

Max
3.11
Q3
1.55
Median
0.55
Q1
0.17
Min
0.00

WIT’s Debt-to-Equity Ratio of 0.18 is typical for the IT Services industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

CRDO vs. WIT: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Interest Coverage Ratio (TTM)

CRDO

--

Semiconductors & Semiconductor Equipment Industry

Max
174.00
Q3
74.71
Median
26.06
Q1
6.43
Min
-7.80

Interest Coverage Ratio data for CRDO is currently unavailable.

WIT

--

IT Services Industry

Max
129.00
Q3
56.00
Median
11.69
Q1
0.77
Min
-28.15

Interest Coverage Ratio data for WIT is currently unavailable.

CRDO vs. WIT: A comparison of their Interest Coverage Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Financial Strength at a Glance

SymbolCRDOWIT
Current Ratio (MRQ)7.412.40
Quick Ratio (MRQ)6.342.34
Debt-to-Equity Ratio (MRQ)0.000.18
Interest Coverage Ratio (TTM)----

Growth

Revenue Growth

CRDO vs. WIT: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CRDO vs. WIT: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CRDO

0.00%

Semiconductors & Semiconductor Equipment Industry

Max
3.72%
Q3
1.51%
Median
0.69%
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.

WIT

0.20%

IT Services Industry

Max
2.79%
Q3
1.76%
Median
0.58%
Q1
0.00%
Min
0.00%

WIT’s Dividend Yield of 0.20% is consistent with its peers in the IT Services industry, providing a dividend return that is standard for its sector.

CRDO vs. WIT: A comparison of their Dividend Yield (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Dividend Payout Ratio (TTM)

CRDO

0.00%

Semiconductors & Semiconductor Equipment Industry

Max
205.27%
Q3
88.01%
Median
27.13%
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.

WIT

175.79%

IT Services Industry

Max
107.85%
Q3
52.62%
Median
22.53%
Q1
0.00%
Min
0.00%

At 175.79%, WIT’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the IT Services industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

CRDO vs. WIT: A comparison of their Dividend Payout Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Dividend at a Glance

SymbolCRDOWIT
Dividend Yield (TTM)0.00%0.20%
Dividend Payout Ratio (TTM)0.00%175.79%

Valuation

Price-to-Earnings Ratio (TTM)

CRDO

205.83

Semiconductors & Semiconductor Equipment Industry

Max
106.30
Q3
61.93
Median
38.96
Q1
23.71
Min
13.06

At 205.83, 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.

WIT

19.00

IT Services Industry

Max
56.41
Q3
33.17
Median
23.17
Q1
16.18
Min
6.62

WIT’s P/E Ratio of 19.00 is within the middle range for the IT Services industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

CRDO vs. WIT: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Price-to-Sales Ratio (TTM)

CRDO

42.91

Semiconductors & Semiconductor Equipment Industry

Max
19.99
Q3
10.21
Median
5.23
Q1
2.88
Min
1.13

With a P/S Ratio of 42.91, 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.

WIT

2.87

IT Services Industry

Max
5.99
Q3
4.26
Median
1.93
Q1
0.97
Min
0.12

WIT’s P/S Ratio of 2.87 aligns with the market consensus for the IT Services industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

CRDO vs. WIT: A comparison of their Price-to-Sales Ratio (TTM) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Price-to-Book Ratio (MRQ)

CRDO

25.20

Semiconductors & Semiconductor Equipment Industry

Max
14.22
Q3
6.94
Median
4.29
Q1
1.99
Min
0.67

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.

WIT

3.21

IT Services Industry

Max
12.34
Q3
7.54
Median
3.84
Q1
2.52
Min
0.88

WIT’s P/B Ratio of 3.21 is within the conventional range for the IT Services 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.

CRDO vs. WIT: A comparison of their Price-to-Book Ratio (MRQ) against their respective Semiconductors & Semiconductor Equipment and IT Services industry benchmarks.

Valuation at a Glance

SymbolCRDOWIT
Price-to-Earnings Ratio (TTM)205.8319.00
Price-to-Sales Ratio (TTM)42.912.87
Price-to-Book Ratio (MRQ)25.203.21
Price-to-Free Cash Flow Ratio (TTM)244.0816.42