Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.
The industry rank for Credo Technology Group Holding's Net-Net Working Capital or its related term are showing as below:
MEX:CRDON's Price-to-Net-Net-Working-Capital is ranked worse than 73.89% of 540
companies
in the Semiconductors industry
Industry Median: 11.435
vs MEX:CRDON: 25.81
Credo Technology Group Holding (MEX:CRDON) Net-Net Working Capital Explanation
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 value. They are collected under our Net-Net screener.
Credo Technology Group Holding Net-Net Working Capital Related Terms
Credo Technology Group Holding Net-Net Working Capital Historical Data
* 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-Net Working Capital Chart
MEX:CRDON vs CBRS, MCHP, ALAB: Net-Net Working Capital Comparison
For the Semiconductors subindustry, Credo Technology Group Holding's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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-Net-Working-Capital vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Credo Technology Group Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:
* The bar in red indicates where Credo Technology Group Holding's Price-to-Net-Net-Working-Capital falls into.
* 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.
In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.
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.
This is a conservative way of estimating the company's value.
What does a Net-Net Working Capital of MXN142.81 mean?
Credo Technology Group Holding (MEX:CRDON) has a Net-Net Working Capital of MXN142.81 as of Apr. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Credo Technology Group Holding According to the industry distribution chart, Credo Technology Group Holding ranks #399 out of 540 companies in the Semiconductors industry, placing it in the top 73.9%.
Is Credo Technology Group Holding's Net-Net Working Capital too high?
Credo Technology Group Holding's current Net-Net Working Capital is MXN142.81. Based on the distribution chart, Credo Technology Group Holding ranks #399 out of 540 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Credo Technology Group Holding has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Net-Net Working Capital compare to CBRS and MCHP?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #399 out of 540 companies for Net-Net Working Capital. This places Credo Technology Group Holding in the lower half of its industry. The industry median Net-Net Working Capital is 11.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Semiconductors company?
The median Net-Net Working Capital among Semiconductors companies is 11.44, based on 540 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Credo Technology Group Holding For the Semiconductors industry, the median Net-Net Working Capital is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Net-Net Working Capital is MXN142.81. 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 Modestly Undervalued. The stock's GF Value™ is MXN3,987.77, compared to a current price of MXN3,552.29 — trading 10.9% below its estimated fair value. The current Net-Net Working Capital is MXN142.81. Credo Technology Group Holding's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Credo Technology Group Holding (MEX:CRDON), the current Net-Net Working Capital is MXN142.81 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 MXN3,552.29 is trading 10.9% below its estimated GF Value™ of MXN3,987.77.
GuruFocus considers Credo Technology Group Holding to be Modestly Undervalued.
Key valuation signals for MEX:CRDON:
Net-Net Working Capital: MXN142.81
GF Value™: MXN3,987.77 vs. price of MXN3,552.29 (10.9% below fair value)
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 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.
83GF Score
Get the complete analysis for MEX:CRDON
Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:CRDON has been successfully added to your 
