Wolfspeed Statistics
Total Valuation
Wolfspeed has a market cap or net worth of $3.00 billion. The enterprise value is $6.12 billion.
| Market Cap | 3.00B |
| Enterprise Value | 6.12B |
Important Dates
The next estimated earnings date is Wednesday, August 14, 2024, after market close.
| Earnings Date | Aug 14, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Wolfspeed has 125.86 million shares outstanding. The number of shares has increased by 1.12% in one year.
| Shares Outstanding | 125.86M |
| Shares Change (YoY) | +1.12% |
| Shares Change (QoQ) | +0.18% |
| Owned by Insiders (%) | 0.92% |
| Owned by Institutions (%) | 118.61% |
| Float | 124.80M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 3.56 |
| Forward PS | 2.92 |
| PB Ratio | 2.93 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 7.27 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 4.58, with a Debt / Equity ratio of 5.55.
| Current Ratio | 4.58 |
| Quick Ratio | 3.68 |
| Debt / Equity | 5.55 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -63.70% and return on invested capital (ROIC) is -6.14%.
| Return on Equity (ROE) | -63.70% |
| Return on Assets (ROA) | -11.10% |
| Return on Capital (ROIC) | -6.14% |
| Revenue Per Employee | $175,406 |
| Profits Per Employee | -$167,139 |
| Employee Count | 4,802 |
| Asset Turnover | 0.12 |
| Inventory Turnover | 1.98 |
Taxes
In the past 12 months, Wolfspeed has paid $900,000 in taxes.
| Income Tax | 900,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -58.00% in the last 52 weeks. The beta is 1.60, so Wolfspeed's price volatility has been higher than the market average.
| Beta (5Y) | 1.60 |
| 52-Week Price Change | -58.00% |
| 50-Day Moving Average | 25.57 |
| 200-Day Moving Average | 31.17 |
| Relative Strength Index (RSI) | 44.38 |
| Average Volume (20 Days) | 3,250,731 |
Short Selling Information
The latest short interest is 21.34 million, so 16.96% of the outstanding shares have been sold short.
| Short Interest | 21.34M |
| Short Previous Month | 22.74M |
| Short % of Shares Out | 16.96% |
| Short % of Float | 17.10% |
| Short Ratio (days to cover) | 7.33 |
Income Statement
In the last 12 months, Wolfspeed had revenue of $842.30 million and -$802.60 million in losses. Loss per share was -$6.40.
| Revenue | 842.30M |
| Gross Profit | 139.60M |
| Operating Income | -411.10M |
| Pretax Income | -801.70M |
| Net Income | -802.60M |
| EBITDA | -620.20M |
| EBIT | -801.70M |
| Loss Per Share | -$6.40 |
Balance Sheet
The company has $2.55 billion in cash and $5.67 billion in debt, giving a net cash position of -$3.12 billion or -$24.81 per share.
| Cash & Cash Equivalents | 2.55B |
| Total Debt | 5.67B |
| Net Cash | -3.12B |
| Net Cash Per Share | -$24.81 |
| Equity (Book Value) | 1.02B |
| Book Value Per Share | 8.13 |
| Working Capital | 2.60B |
Cash Flow
In the last 12 months, operating cash flow was -$538.00 million and capital expenditures -$1.85 billion, giving a free cash flow of -$2.39 billion.
| Operating Cash Flow | -538.00M |
| Capital Expenditures | -1.85B |
| Free Cash Flow | -2.39B |
| FCF Per Share | -$18.99 |
Margins
Gross margin is 16.57%, with operating and profit margins of -48.81% and -95.29%.
| Gross Margin | 16.57% |
| Operating Margin | -48.81% |
| Pretax Margin | -95.18% |
| Profit Margin | -95.29% |
| EBITDA Margin | -73.63% |
| EBIT Margin | -95.18% |
| FCF Margin | -283.75% |
Dividends & Yields
Wolfspeed does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.12% |
| Shareholder Yield | -1.12% |
| Earnings Yield | -26.76% |
| FCF Yield | -79.69% |
Analyst Forecast
The average price target for Wolfspeed is $34.85, which is 46.24% higher than the current price. The consensus rating is "Buy".
| Price Target | $34.85 |
| Price Target Difference | 46.24% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 30.81% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on December 11, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Dec 11, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Wolfspeed has an Altman Z-Score of -0.06 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.06 |
| Piotroski F-Score | 1 |