Analyzing Credo Technology Group (NASDAQ:CRDO) & Advantest (OTCMKTS:ATEYY)

Credo Technology Group (NASDAQ:CRDOGet Rating) and Advantest (OTCMKTS:ATEYYGet Rating) are both business services companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, risk, institutional ownership, analyst recommendations, earnings, profitability and dividends.

Insider & Institutional Ownership

0.4% of Credo Technology Group shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Credo Technology Group and Advantest’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Credo Technology Group N/A N/A N/A
Advantest 24.22% 33.40% 21.66%

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Credo Technology Group and Advantest, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Credo Technology Group 0 0 8 0 3.00
Advantest 0 1 0 0 2.00

Credo Technology Group presently has a consensus price target of $19.00, suggesting a potential upside of 18.68%. Given Credo Technology Group’s stronger consensus rating and higher probable upside, analysts plainly believe Credo Technology Group is more favorable than Advantest.

Earnings and Valuation

This table compares Credo Technology Group and Advantest’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Credo Technology Group $106.48 million 21.85 -$22.18 million N/A N/A
Advantest $2.95 billion 4.28 $656.00 million $4.36 14.72

Advantest has higher revenue and earnings than Credo Technology Group.

About Credo Technology Group

(Get Rating)

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.

About Advantest

(Get Rating)

Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. It operates through three segments: Semiconductor and Component Test System; Mechatronics System; and Services, Support and Others. The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry. This segment offers test systems for SoC semiconductor devices; and test systems for memory semiconductors devices. The Mechatronics System segment provides test handlers; mechatronic-applied products for handling semiconductor devices; and device interfaces, which serve as interfaces with the devices that are measured. This segment also engages in the operations related to nano-technology products. The Services, Support and Others segment provides customer solutions for the semiconductor and component test system and mechatronics system segments; and support services. This segment is also involved in the sale of consumables and used products; and equipment lease business and others. In addition, the company engages in the research and development activities measuring and testing technologies. Advantest Corporation serves fabless semiconductor companies, foundries, and test houses, as well as industrial, design, and manufacturing companies in Japan, rest of Asia, the United States, and Europe. Advantest Corporation has collaboration with STMicroelectronics on advanced automated test cell for IC Testing; and partnership with PDF Solutions Inc. for cloud-based software solutions. The company was founded in 1954 and is headquartered in Tokyo, Japan.

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