Credo Technology Group Holding (MEX:CRDON) ROA %: 31.36% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

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
View Full Analysis

What is Credo Technology Group Holding ROA %?

Credo Technology Group Holding MEX:CRDON -10.80% 80 ROA % is 31.36% as of Apr. 2026. 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 1,027 Semiconductors companies, Credo Technology Group Holding ranks better than 97.96% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Credo Technology Group Holding's annualized Net Income for the quarter that ended in Apr. 2026 was MXN11,848 Mil. Credo Technology Group Holding's average Total Assets over the quarter that ended in Apr. 2026 was MXN37,778 Mil. Therefore, Credo Technology Group Holding's annualized ROA % for the quarter that ended in Apr. 2026 was 31.36%.

The historical rank and industry rank for Credo Technology Group Holding's ROA % or its related term are showing as below:

MEX:CRDON' s ROA % Range Over the Past 10 Years
Min: -20.88   Med: -4.98   Max: 31.5
Current: 31.5

During the past 7 years, Credo Technology Group Holding's highest ROA % was 31.50%. The lowest was -20.88%. And the median was -4.98%.

MEX:CRDON's ROA % is ranked better than
97.96% of 1027 companies
in the Semiconductors industry
Industry Median: 2.47 vs MEX:CRDON: 31.50

Credo Technology Group Holding  (MEX:CRDON) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=11848.032/37778.349
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11848.032 / 30618.352)*(30618.352 / 37778.349)
=Net Margin %*Asset Turnover
=38.7 %*0.8105
=31.36 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Credo Technology Group Holding ROA % Related Terms


Credo Technology Group Holding ROA % Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding's ROA % 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 ROA % Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROA %
Get a 7-Day Free Trial -8.37 -4.02 -5.56 7.83 29.51

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
ROA % 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 18.68 29.01 27.93 35.05 31.36

MEX:CRDON vs MCHP, CBRS, ON: ROA % Comparison

For the Semiconductors subindustry, Credo Technology Group Holding's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Credo Technology Group Holding's ROA % distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's ROA % falls into.


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

Credo Technology Group Holding ROA % Calculation

Credo Technology Group Holding's annualized ROA % for the fiscal year that ended in Apr. 2026 is calculated as:

ROA %=Net Income (A: Apr. 2026 )/( (Total Assets (A: Apr. 2025 )+Total Assets (A: Apr. 2026 ))/ count )
=8272.486/( (15854.478+40210.292)/ 2 )
=8272.486/28032.385
=29.51 %

Credo Technology Group Holding's annualized ROA % for the quarter that ended in Apr. 2026 is calculated as:

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=11848.032/( (35346.406+40210.292)/ 2 )
=11848.032/37778.349
=31.36 %

* 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 the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Apr. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 31.36% mean?
Credo Technology Group Holding (MEX:CRDON) has a ROA % of 31.36% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Credo Technology Group Holding and its competitors. According to the industry distribution chart, Credo Technology Group Holding ranks #21 out of 1027 companies in the Semiconductors industry, placing it in the top 2%.
Is Credo Technology Group Holding's ROA % too high?
Credo Technology Group Holding's current ROA % is 31.36%. The Semiconductors industry median ROA % is 2.47. Credo Technology Group Holding's value of 31.36% is 1169.6% above this industry median. Based on the distribution chart, Credo Technology Group Holding ranks #21 out of 1027 companies in the Semiconductors industry, which is in the top quartile — a strong position 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 ROA % compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #21 out of 1027 companies for ROA %. This places Credo Technology Group Holding in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 2.47. Credo Technology Group Holding's value of 31.36% is 1169.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Semiconductors company?
The median ROA % among Semiconductors companies is 2.47, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Credo Technology Group Holding's current ROA % of 31.36% is 1169.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median ROA % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current ROA % is 31.36%. 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 ROA % is 31.36% and 1169.6% above the Semiconductors industry median of 2.47. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Credo Technology Group Holding (MEX:CRDON), the current ROA % is 31.36% 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:

  • ROA %: 31.36%
  • GF Value™: MXN3,776.76 vs. price of MXN3,675.01 (2.7% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 1169.6% above the Semiconductors median (#21 of 1027)

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

ROA % 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