ALAB vs CRDO vs QCOM Stock Comparison

Astera Labs, Credo Technology Group Holding and Qualcomm Prices as of Oct 26, 2026 Peers: Industry group
ALAB Astera Labs, Inc.
$259.51 -28.8% 1M +57.3% 1Y
Market cap
$48.90B
P/E
132.3x
Revenue (TTM)
$1.20B
Div. yield
–
Semiconductor Design Technology
1 win
QCOM Qualcomm Inc/De
$179.60 -11.1% 1M +6.3% 1Y
Market cap
$192.19B
P/E
20.8x
Revenue (TTM)
$44.07B
Div. yield
0.02%
Semiconductor Design Technology
4 wins

Head to Head

8 decided of 12

Qualcomm leads on 4 of the 12 questions below (Qualcomm 4, Credo Technology Group Holding 3, Astera Labs 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALABCRDOQCOMLeader
Larger companyMarket capitalisation $48.90B $30.90B $192.19B QCOM
Cheaper on earningsLower P/E, profitable companies only 132.3x 57.4x 20.8x QCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 69.6x 24.9x 16.6x QCOM
Faster revenue growthRevenue growth, trailing twelve months +98.5% +165.1% +1.9% CRDO
More profitableNet margin, trailing twelve months 30.7% 33.8% 21.0% CRDO
Better return on capitalReturn on invested capital — — 20.5% –
Less leveragedLower net debt / EBITDA — — 0.4x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +57.3% -2.8% +6.3% ALAB
Better 5-year returnAnnualised price return, 5 years — — +6.5%/yr –
Less volatileAnnualised volatility, 1 year 98.5% 96.6% 53.1% QCOM
Higher overall scoreMean of the five percentile scores vs peers 61/100 66/100 62/100 CRDO

Percentile Scorecard

ALABCRDOQCOM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALABCRDOQCOM
Valuation 9 #87 of 95 40 #57 of 95 80 #20 of 95
Growth 91 #9 of 93 99 #2 of 93 34 #62 of 93
Profitability 79 #20 of 91 84 #15 of 91 87 #13 of 91
Financial Health 92 #9 of 101 89 #12 of 101 28 #73 of 101
Shareholder Returns 35 #49 of 75 18 #62 of 75 80 #16 of 75
Overall 61 66 62
  • ALAB ranked among 104 companies in Semiconductors
  • CRDO ranked among 104 companies in Semiconductors
  • QCOM ranked among 104 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALABCRDOQCOMSPY
1 month -28.8%-28.4%-11.1% -0.8%
3 months -8.1%-27.4%+5.6% +3.5%
6 months +32.0%-16.3%+19.5% +7.0%
Year to date +56.0%+5.0%+5.0% +12.2%
1 year +57.3%-2.8%+6.3% +13.0%
3 years —+986.6%+68.7% +86.3%
3 years, per year —+121.6%+19.1% +23.1%
5 years ——+36.9% +68.6%
5 years, per year ——+6.5% +11.0%
10 years ——+163.3% +258.0%
10 years, per year ——+10.2% +13.6%

Risk

MeasureALABCRDOQCOMSPY
Volatility, 1Y 98.5%96.6%53.1% 12.7%
Downside volatility, 1Y 100.9%97.3%52.5% 12.7%
Beta vs S&P 500, 1Y 3.893.422.07 1.00
Return / volatility, 1Y 0.58-0.030.12 1.02
Max drawdown, 5Y -63.7%-62.0%-45.6% -25.4%
From 52-week high -46.3%-50.0%-28.5% -1.8%
52-week high $483.02$302.52$251.02 $779.14
52-week low $100.27$87.81$124.07 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALABCRDOQCOM
P/E now vs peer median 121.1xmedian 42.1x 52.2xmedian 42.1x 20.5xmedian 42.1x
P/S now vs peer median 37.5xmedian 7.1x 17.8xmedian 7.1x 4.3xmedian 7.1x
EV/EBITDA now vs peer median 153.4xmedian 27.5x 49.8xmedian 27.5x 16.5xmedian 27.5x
P/FCF now vs peer median 162.7xmedian 37.2x 64.7xmedian 37.2x 18.2xmedian 37.2x
P/B now vs peer median 26.1xmedian 4.2x 10.4xmedian 4.2x 6.9xmedian 4.2x
PEG now vs peer median —median 2.23 0.34median 2.23 4.93median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALABCRDOQCOM
Revenue $1.20B $1.59B $44.07B
Gross profit $903.00M $1.07B $23.90B
Operating income $273.45M $504.96M $10.22B
Net income $369.49M $538.31M $9.26B
Free cash flow $276.68M $438.60M $10.42B
R&D $434.25M $341.46M $9.89B
EPS (diluted) $2.02 $2.77 $8.66
Cash & equivalents $111.45M $466.87M $4.53B
Total debt – – $12.78B
Shares (diluted) 183.34M 194.38M 1.07B
Enterprise value $44.14B $26.57B $152.11B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALABCRDOQCOM
P/E 121.1x 52.2x 20.5x
P/FCF 162.7x 64.7x 18.2x
P/Operating cash flow 134.1x 56.7x 15.3x
P/S 37.5x 17.8x 4.3x
P/B 26.1x 10.4x 6.9x
P/Tangible book 26.1x 12.1x 7.3x
EV/EBITDA 153.4x 49.8x 16.5x
EV/EBIT 160.1x 54.7x 19.0x
EV/Revenue 36.4x 17.4x 4.4x
EV/FCF 158.2x 63.0x 18.7x
EV/Operating cash flow 130.4x 55.2x 15.7x
PEG (3Y EPS CAGR) – 0.34 4.93

Growth

14 metrics
MetricALABCRDOQCOM
Revenue growth (1Y) 98.5% 165.1% 1.9%
Revenue CAGR (3Y) – 109.6% 4.5%
Gross profit growth (1Y) 97.5% 169.5% -0.8%
Gross profit CAGR (3Y) – 120.7% 3.2%
Operating income growth (1Y) 546.3% 349.6% -15.0%
Operating income CAGR (3Y) – 153.3% 0.6%
Net income growth (1Y) 268.9% 330.2% -20.0%
Net income CAGR (3Y) – 176.4% 2.4%
EPS growth (1Y) 258.4% 308.5% -17.8%
EPS CAGR (3Y) – 155.5% 4.2%
Operating cash flow growth (1Y) 34.8% 295.6% -2.1%
Operating cash flow CAGR (3Y) – 244.7% 12.7%
Free cash flow growth (1Y) 31.5% 369.2% -10.4%
Free cash flow CAGR (3Y) – 263.2% 14.9%

Profitability

14 metrics
MetricALABCRDOQCOM
Gross margin 75.1% 67.1% 54.2%
EBITDA margin 23.7% 34.8% 26.8%
Operating margin 22.8% 31.7% 23.2%
Pretax margin 26.8% 33.9% 25.4%
Net margin 30.7% 33.8% 21.0%
FCF margin 23.0% 27.6% 23.6%
Operating cash flow margin 27.9% 31.4% 28.1%
Return on equity 23.0% 22.5% 33.7%
Return on assets 20.6% 20.3% 16.2%
Return on invested capital – – 20.5%
Return on capital employed 16.8% 20.6% 22.3%
Asset turnover 0.7x 0.6x 0.8x
Cash conversion (OCF / net income) 0.9x 0.9x 1.3x
Stock comp / revenue 16.2% 14.8% 7.4%

Financial Health

11 metrics
MetricALABCRDOQCOM
Debt / assets – – 22.3%
Debt / equity – – 0.5x
Net debt / EBITDA – – 0.4x
Debt / FCF – – 1.2x
Liabilities / assets 10.7% 9.4% 51.8%
Equity / assets 89.3% 90.6% 48.2%
Interest coverage – – 14.8x
Current ratio 10.1x 7.4x 2.0x
Quick ratio 8.8x 5.3x 1.1x
Cash ratio 7.6x 3.9x 0.7x
Altman Z-score 133.45 61.74 6.10

Shareholder Returns

7 metrics
MetricALABCRDOQCOM
Dividend yield – – 2.0%
Net buyback yield 0.0% -2.6% 4.6%
Shareholder yield 0.0% -2.6% 6.7%
Payout ratio (earnings) – – 41.3%
Payout ratio (FCF) – – 36.7%
Dividend growth (1Y) – – 0.8%
Dividend CAGR (3Y) – – 3.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALABCRDOQCOM
Forward P/E 69.6xFY2026 24.9xFY2026 16.6xFY2026
EPS, next fiscal year $3.73FY2026 $6.06FY2026 $10.79FY2026
EPS growth, next FY +102.7%FY2026 +75.1%FY2026 -10.3%FY2026
EPS growth, the year after +64.9% +62.9% -3.0%
Revenue, next fiscal year $2.01BFY2026 $2.43BFY2026 $45.55BFY2026
Revenue growth, next FY +135.3%FY2026 +81.6%FY2026 +3.2%FY2026
Revenue growth, the year after +46.5% +48.3% -5.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALABCRDOQCOM
Held by institutions 73.6% 71.0% 79.7%
Institutions holding 986 974 3,029
Change in shares held, QoQ +5.8% -3.4% +2.8%
Institutions buying 660 640 1,416
Institutions selling 253 275 1,332
Buyers to sellers 2.61 2.33 1.06

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALABCRDOQCOM
ALAB 1.00 0.66 0.32
CRDO 0.66 1.00 0.32
QCOM 0.32 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALAB, CRDO and QCOM?

Qualcomm (QCOM) is the largest by market capitalisation: Astera Labs (ALAB) $48.90B, Credo Technology Group Holding (CRDO) $30.90B, Qualcomm (QCOM) $192.19B.

Which stock is cheaper, ALAB, CRDO and QCOM?

Qualcomm (QCOM) trades on the lowest price-to-earnings ratio (Astera Labs (ALAB) 132.3x, Credo Technology Group Holding (CRDO) 57.4x, Qualcomm (QCOM) 20.8x). On next year's consensus earnings, Qualcomm (QCOM) is cheapest (Astera Labs (ALAB) 69.6x, Credo Technology Group Holding (CRDO) 24.9x, Qualcomm (QCOM) 16.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Credo Technology Group Holding (CRDO) grew revenue fastest over the trailing twelve months: Astera Labs (ALAB) +98.5%, Credo Technology Group Holding (CRDO) +165.1%, Qualcomm (QCOM) +1.9%.

Which company is more profitable?

Credo Technology Group Holding (CRDO) has the highest net margin (Astera Labs (ALAB) 30.7%, Credo Technology Group Holding (CRDO) 33.8%, Qualcomm (QCOM) 21.0%).

Which stock has performed better?

Over the past year Astera Labs (ALAB) returned the most: Astera Labs (ALAB) +57.3%, Credo Technology Group Holding (CRDO) -2.8%, Qualcomm (QCOM) +6.3%. Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Astera Labs (ALAB) 0.00%, Credo Technology Group Holding (CRDO) 0.00%, Qualcomm (QCOM) 0.02%. Astera Labs (ALAB) and Credo Technology Group Holding (CRDO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Qualcomm (QCOM) has been the steadiest (Astera Labs (ALAB) 98.5%, Credo Technology Group Holding (CRDO) 96.6%, Qualcomm (QCOM) 53.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALAB, CRDO and QCOM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Qualcomm (QCOM) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.