Analyzing Credo Technology Group (NASDAQ:CRDO) and Alphawave IP Group (OTCMKTS:AWEVF)

Alphawave IP Group (OTCMKTS:AWEVF) and Credo Technology Group (NASDAQ:CRDO) are both computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk and profitability.

Valuation and Earnings

This table compares Alphawave IP Group and Credo Technology Group”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Alphawave IP Group	N/A	N/A	N/A	N/A	N/A
Credo Technology Group	$217.59 million	28.32	-$28.37 million	($0.18)	-207.28

Alphawave IP Group has higher earnings, but lower revenue than Credo Technology Group.

Institutional & Insider Ownership

80.5% of Credo Technology Group shares are held by institutional investors. 23.9% of Credo Technology Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of current ratings and target prices for Alphawave IP Group and Credo Technology Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alphawave IP Group	0	0	0	0	N/A
Credo Technology Group	1	0	7	1	2.89

Credo Technology Group has a consensus target price of $35.44, suggesting a potential downside of 5.00%. Given Credo Technology Group’s higher possible upside, analysts clearly believe Credo Technology Group is more favorable than Alphawave IP Group.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Alphawave IP Group	N/A	N/A	N/A
Credo Technology Group	-12.05%	-3.74%	-3.30%

Summary

Credo Technology Group beats Alphawave IP Group on 6 of the 9 factors compared between the two stocks.

About Alphawave IP Group

Alphawave IP Group plc develops and sells connectivity solutions in North America, China, the Asia Pacific, Europe, the Middle East, Africa, and the United Kingdom. The company offers silicon IP solutions, chiplets, custom silicon, and connectivity products. It serves the data center, artificial intelligence, 5G wireless infrastructure, data networking, autonomous vehicles, data storage, and solid-state storage markets. Alphawave IP Group plc was founded in 2017 and is headquartered in London, the United Kingdom.

About Credo Technology Group

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is based in Grand Cayman, Cayman Islands.