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CRDOCredo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) DCF Valuation

Why we don't show a single “fair value” for CRDO

Even the optimistic scenario of a conservative trailing-FCF model ($9.29) sits far below today's price — the market is paying for growth and durability beyond what this model structure captures. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.

ScenarioFCF growth (fading to 2.5%)DiscountValue / share
Conservative15.0%/yr12.5%$8.18
Base case18.0%/yr11.5%$8.70
Optimistic20.0%/yr10.5%$9.29

Current Price

$238.00

Market-Implied Growth

Base-Case Model Value

$8.70

model output — not a price target

CRDO DCF Fair Value Calculator

Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for CRDO (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.

18%/yr
Historical FCF CAGR:
11.5%
2.5%
10yr

Base inputs: FCF $23.1M · 0.19B shares · net cash $1.1B

Estimated Fair Value

$10.33

-95.7% vs $238.00

Current price$238.00

Sensitivity — fair value by discount rate × terminal growth

How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $238.00; red = below. Your current case is outlined.

WACC ↓ / Terminal →1.50%2.00%2.50%3.00%3.50%
9.5%$11.36$11.60$11.87$12.18$12.55
10.5%$10.63$10.80$11.00$11.22$11.47
11.5%$10.06$10.19$10.33$10.49$10.67
12.5%$9.60$9.69$9.80$9.92$10.05
13.5%$9.22$9.29$9.38$9.47$9.56

About Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.

San Jose, CA
500 employees
Technology / Communication Equipment
Sector
Technology
Industry
Communication Equipment
CEO
William J. Brennan