Credo Technology Group Holding (MEX:CRDON) Net Current Asset Value: MXN167.12 (As of Apr. 2026) — 2565% Above Median

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MEX:CRDON Credo Technology Group Holding Ltd MEX:CRDON
80 GF Score
Price MXN3,675.01
GF Value MXN3,776.76
Valuation Fairly Valued
! 3 Warning Signs
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What is Credo Technology Group Holding Net Current Asset Value?

Credo Technology Group Holding MEX:CRDON -10.80% 80 Net Current Asset Value is MXN167.12 as of Apr. 2026, which is 100% below its 10-year median of 6.27. GuruFocus rates MEX:CRDON with a GF Score™ of 80/100 and a GF Value™ of MXN3,776.76 (Fairly Valued). The stock has 3 warning signs investors should review. Among 719 Semiconductors companies, Credo Technology Group Holding ranks worse than 78.72% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Credo Technology Group Holding's net current asset value per share for the quarter that ended in Apr. 2026 was MXN167.12.

The historical rank and industry rank for Credo Technology Group Holding's Net Current Asset Value or its related term are showing as below:

MEX:CRDON' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 4.34   Med: 6.27   Max: 22.34
Current: 22.34

During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Credo Technology Group Holding was 22.34. The lowest was 4.34. And the median was 6.27.

MEX:CRDON's Price-to-Net-Current-Asset-Value is ranked worse than
78.72% of 719 companies
in the Semiconductors industry
Industry Median: 7.74 vs MEX:CRDON: 22.34

Credo Technology Group Holding  (MEX:CRDON) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Credo Technology Group Holding Net Current Asset Value Related Terms


Credo Technology Group Holding Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Credo Technology Group Holding Net Current Asset Value Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Net Current Asset Value
Get a 7-Day Free Trial 40.88 33.71 48.66 67.06 167.12

Credo Technology Group Holding Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.06 73.91 112.23 150.50 167.12

MEX:CRDON vs MCHP, CBRS, ON: Net Current Asset Value Comparison

For the Semiconductors subindustry, Credo Technology Group Holding's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Credo Technology Group Holding Price-to-Net-Current-Asset-Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Credo Technology Group Holding's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's Price-to-Net-Current-Asset-Value falls into.


MEX:CRDON
80GF Score
Credo Technology Group Holding Ltd MEX:CRDON
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credo Technology Group Holding Net Current Asset Value Calculation

Credo Technology Group Holding's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(A: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(35050.942-4063.858-0-0)/185.419
=167.12

Credo Technology Group Holding's Net Current Asset Value (NCAV) per share for the quarter that ended in Apr. 2026 is calculated as

Net Current Asset Value Per Share(Q: Apr. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(35050.942-4063.858-0-0)/185.419
=167.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of MXN167.12 mean?
Credo Technology Group Holding (MEX:CRDON) has a Net Current Asset Value of MXN167.12 as of Apr. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Credo Technology Group Holding and its competitors. This is 2565% above median its historical median of 6.27. Over the past decade, Credo Technology Group Holding's Net Current Asset Value has ranged from 4.34 to 22.34. According to the industry distribution chart, Credo Technology Group Holding ranks #566 out of 719 companies in the Semiconductors industry, placing it in the top 78.7%.
Is Credo Technology Group Holding's Net Current Asset Value too high?
Credo Technology Group Holding's current Net Current Asset Value of MXN167.12 is 2565% above median its 10-year median of 6.27. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 22.34. Based on the distribution chart, Credo Technology Group Holding ranks #566 out of 719 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Credo Technology Group Holding has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Net Current Asset Value compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #566 out of 719 companies for Net Current Asset Value. This places Credo Technology Group Holding in the lower half of its industry. The industry median Net Current Asset Value is 7.74. Historically, Credo Technology Group Holding's own Net Current Asset Value has ranged from 4.34 to 22.34 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Semiconductors company?
The median Net Current Asset Value among Semiconductors companies is 7.74, based on 719 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median Net Current Asset Value is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Net Current Asset Value is MXN167.12, which is 2565% above median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (MEX:CRDON) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,776.76, compared to a current price of MXN3,675.01 — trading 2.7% below its estimated fair value. The current Net Current Asset Value is MXN167.12, which is 2565% above median its 10-year median of 6.27. Credo Technology Group Holding's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Credo Technology Group Holding (MEX:CRDON), the current Net Current Asset Value is MXN167.12 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Credo Technology Group Holding (MEX:CRDON) Overvalued in 2026?

Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be undervalued. The current stock price of MXN3,675.01 is trading 2.7% below its estimated GF Value™ of MXN3,776.76. GuruFocus considers Credo Technology Group Holding to be Fairly Valued.

Key valuation signals for MEX:CRDON:

  • Net Current Asset Value: MXN167.12 (2565% above median its 10-year median of 6.27)
  • GF Value™: MXN3,776.76 vs. price of MXN3,675.01 (2.7% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the MEX:CRDON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Credo Technology Group Holding Business Description

Other Exchanges CRDO:USA
Address c/o Maples Corporate Services, Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
80GF Score

Get the complete analysis for MEX:CRDON

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,675.01
Price
MXN3,776.76
GF Value