Credo Technology Group Holding (MEX:CRDON) 3-Year ROIIC % : 81.46% (As of Apr. 2026) — 893% 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 3-Year ROIIC %?

Credo Technology Group Holding MEX:CRDON -10.80% 80 3-Year ROIIC % is 81.46 as of Apr. 2026, which is 893% above its 10-year median of 8.20. 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 995 Semiconductors companies, Credo Technology Group Holding ranks better than 87.04% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Credo Technology Group Holding's 3-Year ROIIC % for the quarter that ended in Apr. 2026 was 81.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Credo Technology Group Holding's 3-Year ROIIC % or its related term are showing as below:

MEX:CRDON's 3-Year ROIIC % is ranked better than
87.04% of 995 companies
in the Semiconductors industry
Industry Median: -0.18 vs MEX:CRDON: 81.46

Credo Technology Group Holding  (MEX:CRDON) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Credo Technology Group Holding 3-Year ROIIC % Related Terms


Credo Technology Group Holding 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 -14.16 -10.01 26.40 81.46

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
3-Year ROIIC % 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 26.40 0.00 0.00 0.00 81.46

MEX:CRDON vs MCHP, CBRS, ON: 3-Year ROIIC % Comparison

For the Semiconductors subindustry, Credo Technology Group Holding's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Credo Technology Group Holding's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's 3-Year ROIIC % falls into.


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

Credo Technology Group Holding 3-Year ROIIC % Calculation

Credo Technology Group Holding's 3-Year ROIIC % for the quarter that ended in Apr. 2026 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 7743.3066368 (Apr. 2026) - -312.8285553 (Apr. 2023) )/( 12709.962 (Apr. 2026) - 2906.547 (Apr. 2023) )
=8056.1351921/9803.415
=82.18%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 81.46 mean?
Credo Technology Group Holding (MEX:CRDON) has a 3-Year ROIIC % of 81.46 as of Apr. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Credo Technology Group Holding and its competitors. This is 893% above median its historical median of 8.20. According to the industry distribution chart, Credo Technology Group Holding ranks #129 out of 995 companies in the Semiconductors industry, placing it in the top 13%.
Is Credo Technology Group Holding's 3-Year ROIIC % too high?
Credo Technology Group Holding's current 3-Year ROIIC % of 81.46 is 893% above median its 10-year median of 8.20. Based on the distribution chart, Credo Technology Group Holding ranks #129 out of 995 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 3-Year ROIIC % compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #129 out of 995 companies for 3-Year ROIIC %. This places Credo Technology Group Holding in the top 13% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Credo Technology Group Holding and its competitors. Credo Technology Group Holding's current 3-Year ROIIC % is 81.46, which is 893% above median its own 10-year median of 8.20. 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 3-Year ROIIC % is 81.46, which is 893% above median its 10-year median of 8.20. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Credo Technology Group Holding (MEX:CRDON), the current 3-Year ROIIC % is 81.46 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:

  • 3-Year ROIIC %: 81.46 (893% above median its 10-year median of 8.20)
  • 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

3-Year ROIIC % 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